Life Cycle Cost Estimation for Jangbogo-II Submarines based on Modeling and Simulation Methodologies

M&S기법을 활용한 장보고 II급 잠수함 수명주기비용 추정

  • Ahn, Jae-Kyoung (Department of Industrial and Systems Eng., Seoul Nat'l Univ. of Tech) ;
  • Choi, Bong-Wan (Naval Forces Analysis and Test/Evaluation Group) ;
  • Lee, Yong-Kyu (Seoul Techno-Park, Management Planning Team)
  • 안재경 (서울산업대학교 산업정보시스템공학과) ;
  • 최봉완 (해군전력분석시험평가단) ;
  • 이용규 ((재)서울테크노파크 경영기획팀)
  • Received : 2010.01.28
  • Accepted : 2010.03.29
  • Published : 2010.09.01

Abstract

With the development of science and technology, modern submarines are equipped with high technology devices and multi-functioned precise armaments, consequently, acquisition cost as well as maintenance cost of the submarines are getting higher and higher. However, tight defense budget forces navy to significantly reduce military operating and maintenance costs. In this study, the maintenance and operating costs of submarine Jangbogo-II are estimated through M&S (Modeling and simulation) methodologies in order to reasonably and consistently work out the requirement verification system of Jangbogo-II. The maintenance and operating costs of Jangbogo-II along the next 25 years are estimated as 312.65 billion won via engineering analysis methods while 312.69 billion won from PRICE Model, which shows only 0.04 billion won differences as a whole. This study is expected to be able to provide meaningful decision making data for not only short and/or mid term operating planning but military budgeting.

Keywords

References

  1. Asiedu, A. and Gu, P. (1998), Product life cycle cost analysis: state of the art review, International Journal of Production Research, 36(4), 883-908. https://doi.org/10.1080/002075498193444
  2. Ministry of National Defense (2003), Handbook of Defense Expenditure.
  3. Kim, M. J. and Choi, S. C. (2002), A Study on the application of PRICE model in the environment of Korean Defense Industry, Journal of Korea Defense Management Analysis, 28(1), 67-82.
  4. Park, D. G. (2008), Recent Domestic/International Economic Trends, Institute of G Management.
  5. Park, T. U. (2002), Methodologies of Weapon System Assessment, Korea Institute for Defense Analyses.
  6. On, J. Y. (2008), A Study on the maintenance cost estimation for KSS-III, Security Management Institute.
  7. Yoon, J. J. and Choi, B. W. (2003), A Study on the LCC for KDX-III Using PRICE-HL, TOC, 2003 Proceedings of Korea Defense Management Analysis Institute.
  8. https://monthly.chosun.com/special/, 2007.
  9. Lee, H. S. (2002), A Study on the analysis methods for estimating maintenance cost of weapon systems, Korea Institute for Defense Analyses.
  10. Chung, G. S. (2008), Re-evaluation of Oil prices and their prospects Hana Industry Information.
  11. Ministry of Public Administration and Security (2008), Military Salary Growth Rates, www.zon.co.kr.
  12. Korea National Statistical Office (2008), Inflation Rates(Foods and Non-alcoholic beverage).
  13. Korea National Statistical Office (2008), Inflation Rates(Clothes and Shoes).
  14. Korea National Statistical Office (2008), Inflation Rates(Medicines).
  15. Korea National Statistical Office (2008), Inflation Rates(Producers).
  16. Prigent (2008), PRICE HL/TOC Course Material.
  17. The Navy Headquarters (2007), Maintenance Manual.
  18. ROK Navy (2006), A Study on estimating LCC of Vessels by PRICE Models.