• Title/Summary/Keyword: COST MODEL

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On the New Age Replacement Policy (새로운 연령교체 방식의 개발)

  • Seo, Sun-Keun
    • Journal of Applied Reliability
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    • v.16 no.4
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    • pp.280-286
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    • 2016
  • Purpose: Recently, Jiang defines the tradeoff B life to minimize a sum of life lost by preventive maintenance (PM) and corrective maintenance (CM) contribution parts and sets up an optimal replacement age of age replacement policy as this tradeoff life. In this paper, Jiang's model only considering the known lifetime distribution is extended by assigning different weights to two parts of PM and CM in order to reflect the practical maintenance situations in application. Methods: The new age replacement model is formulated and the meaning of a weight factor is expressed with the implied cost of failure under asymptotic expected cost model and also discussed with one-cycle expected cost criterion. Results: The proposed model is applied to Weibull and lognormal lifetime distributions and optimum PM replacement ages are derived with corresponding implied cost of failure. Conclusion: The new age replacement policy to escape the estimation of cost of failure in classical asymptotic expected cost criterion based on the renewal process is provided.

Development of a Technology Cost Model for Advanced Manufacturing Systems (첨단생산시스템을 위한 기술원가모델의 개발)

  • Park, Ju-Chull
    • IE interfaces
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    • v.8 no.1
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    • pp.31-43
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    • 1995
  • This study is intended to develop a technology cost model (TCM) which treats technology costs appropriately under present advanced manufacturing technology environment. TCM is composed of two elements : cost classification system and cost allocation model. It is proposed to include technology-related department expenses as well as technology investment in the categories of technology costs. For the cost allocation, technology activities are divided into four homogeneous groups. Costs are accumulated into one of the four cost pools and allocated to the cost object using the pool's unique allocation base. It is also proposed to use the capital recovery costs including interest expense rather than the depreciation costs for an invested capital. A case study is performed to verify the applicability of the developed model.

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A Study on the Possibility of Initial Cost Saving in the New Housing Model Considering Long-life and Constructability - Focused on the Case Analysis with Converting Skeleton and Cladding to New Systems - (장수명화와 시공성을 고려한 새로운 공동주택 모델의 초기 비용절감 가능성 연구 - 구조체와 외장전환 사례분석을 중심으로 -)

  • Kim, Soo-Am;Shin, Sung-Eun;Chung, Joon-Soo;Shon, Young-Jin
    • Journal of the Korean housing association
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    • v.23 no.6
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    • pp.49-59
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    • 2012
  • This study suggested a new model in consideration of long life and constructability of apartment house suggested in the former part. New model suggested the possibility of cost saving based on the idea that people trend to reject because of the recognition that the new model would cost a lot of expense which work as the barrier for the expansion and distribution at the local market so as to prepare the ground for its activation. The Study was aimed at verifying the possibility of cost saving through comparing it with the existing standard apartment house system centered on the skeleton and cladding system among the new structural design models suggested in the former part. Assuming that these existing standard both models should be changed structural design into new model system, the quantity volume, cost and construction period along with the alteration of finished materials between two models were compared altogether. Simultaneously BIM library was built for easy taking-off bill of quantity and consideration of working methodology for construction working cycle, which was translated into construction cost so as to derive the cost of the two subject systems to be counted. Through the analysis, it was concluded that new model would secure variability in the future and constructability along with shortening the construction period (29%) and achieve cost saving (13%) of construction against the those of existing model.

Estimating Telephone Network Structure and Investment Cost Changes (교환/전송 기술진화에 따른 전화교환망 구조변화-시뮬레이션 모형에 의한 사례 분석-)

  • 송석재;장석권;전용수
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 1997.10a
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    • pp.138-141
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    • 1997
  • In this study, a simulation model is developed to analyze the effects of routing and scale-economy of transmission facilities on the traffic network topology and investment cost changes in a metropolitan telephone network. Computational experiments showed that the wide deployment of bifurcated routing in a dual-homing configuration reduces significantly the traffic network connectivity and the investment cost. Its enhanced version, when combined with the subscriber network cost model, can be used as a prototype cost proxy model for figuring out the access charges in a multi-operator environment.

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A Study on Travel Cost Function of Transit Assignment Model (대중교통 통행배정모형의 통행비용함수 분석)

  • Kim, Kyoung Tae;Lee, Suk Kwon;Kwon, Yong Seok
    • Proceedings of the KSR Conference
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    • 2007.05a
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    • pp.1902-1907
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    • 2007
  • This paper suggests improvements in travel cost function of transit assignment model by analysing existing model. Two types of travel cost function are widely used for congested public networks. The one is used for strictly restricting public transport capacity. Another is non-decreasing function such as BPR function. In this paper, we analyse two types of travel cost function in case of intercity rail. The characteristics of intercity rail are different from those of public transit in urban area. Therefore travel cost function must be differently applied in each case.

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The Effects of Set-up Cost Reduction in the Dynamic Lot Size Model and the EOQ model (동적로트크기결정모형과 EOQ모형에 있어서 가동준비비용의 감소효과)

  • ;Lee, Sang Bum
    • Journal of the Korean Operations Research and Management Science Society
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    • v.17 no.3
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    • pp.13-26
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    • 1992
  • Set-up reduction is an important aspect of the Japanese Just-In-Time (JIT) and Zero Inventory (ZI) concepts. In this paper, we first analyze the effects of set-up cost reduction on tatal inventory, average lot size and forecast horizon in the dynamic lot size model. We also examine the various effects of set-up cost reduction in the EOQ model and explain why many Japanese firms try to cut set-up cost and/or set-up time greatly.

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Preliminary Construction Cost Prediction Model Based on Module for Modernized Hanok (초기 기획단계의 신한옥 공사비 예측 모델 - 모듈(칸) 기반의 목공사 개략 물량 산출 중심으로 -)

  • Kang, Seunghee;Jung, Youngsoo
    • Korean Journal of Construction Engineering and Management
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    • v.21 no.3
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    • pp.48-56
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    • 2020
  • Prediction of construction cost in the planning stage that provides basic information for feasibility study, budgeting, and planning is an important factor for successful project execution. In this study, a prediction model was developed for the purpose of improving the accuracy of estimating the construction cost of Hanok in the planning stage. The cost of this model is estimated by two methods. First, the cost of wood work, which accounts for the largest portion of the total construction cost, is estimated by calculating the approximate quantity under various conditions (structure type, roof type, plane type, etc.). Second, the cost of the rest work sections except the wood work is estimated by using the unit cost model. The predictive model was verified by two case projects, and the error rate of total construction cost was -4%(case 1) and -6%(case 2). These results showed an error rate in the range that can be applied to practice in the planning stage.

Cost Measurement Indicators and Maintenance Cost Estimation Model for Maintenance of Component-based Software (컴포넌트 소프트웨어의 유지보수를 위한 비용 측정지표 및 비용 추정 모델)

  • Jo, Ju-Yeon;Rhew, Sung-Yul
    • The KIPS Transactions:PartD
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    • v.16D no.3
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    • pp.353-360
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    • 2009
  • Most information systems are component-based and developed by outsourcing, and developed software is maintained integrative. However, studies on cost measurement indicators and cost estimation model have not been performed sufficiently, which are foundational to enhance the productivity and efficiency of maintenance. This study suggests indicators to measure maintenance cost for component-based software and examines maintenance cost estimation model of component software by the measurement indicators suggested. In order to generate the indicators to measure the component-based maintenance cost, the previously proposed indicators are summarized comparatively. To estimate the measurement indicators of component-based software, it makes a comparison of the previously proposed indicators and arranges them. We classify the measurement indicators by how to apply according to maintenance types of component software and then we propose the cost measurement indicators. Moreover, we propose the cost estimation model according to the maintenance types of component software using the suggested measurement indicators suggested. With the suggested estimation model, a case study is performed and its validity is verified.

Adjustment of the Appropriate Cost Support Rate for Measuring the Working Environment (작업환경측정 적정 비용지원율 수준으로의 조정 방안)

  • Park, Ji-Yeon
    • Journal of Korean Society of Occupational and Environmental Hygiene
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    • v.31 no.4
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    • pp.353-366
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    • 2021
  • Objectives: An appropriate level of cost support is being proposed to maximize the participation rate. In addition, as the amount of support is highly concentrated at the level of the limit under the current level of supports, the level of cost support is low when the actual level of cost of measuring the working environment exceeds the limit. This paper describes the adjustment of an appropriate cost support rate. Methods: First, this paper analyzes the current cost support status using data from the KOSHA. Second, an alternative for adjusting the cost support rate is presented in consideration of the incentive aspect. Third, we present simulation results for the average cost support rate, the impact of each alternative on finance, and more. Fourth, the most desirable adjustment method is presented after comparing and analyzing the results of various alternatives. Results: In this paper, we present a new scale model. This model is a mixture of flat-rate, fixed rate, and subside cap. It is expected that the new model will not only facilitate participation in businesses with low measurement costs, but also have the effect of controlling measurement costs for institutions that incur greater costs. It is also expected that setting a cap will have the effect of considering government finances and inducing excessively costly institutions to reduce costs. Thus, the new model is likely to be superior to others. If the fourth plan is applied to new businesses and the fifth plan is applied to sustainable businesses, the average cost support rates will be 87.68 percent and 65.18 percent, respectively, and the needed finances will be 2.5 billion won, 18.8 billion won, and 21.3 billion won in total. Conclusions: It seems most desirable to introduce a new model that combines flat-rate, fixed-rate, and subsidy cap systems and achieve an appropriate cost support rate through this model.

Economic performance of cable supported bridges

  • Sun, Bin;Zhang, Liwen;Qin, Yidong;Xiao, Rucheng
    • Structural Engineering and Mechanics
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    • v.59 no.4
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    • pp.621-652
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    • 2016
  • A new cable-supported bridge model consisting of suspension parts, self-anchored cable-stayed parts and earth-anchored cable-stayed parts is presented. The new bridge model can be used for suspension bridges, cable-stayed bridges, cable-stayed suspension bridges, and partially earth-anchored cable-stayed bridges by varying parameters. Based on the assumption that each structural member is in either an axial compressive or tensile state, and the stress in each member is equal to the allowable stress of the material, the material quantity for each component is calculated. By introducing the unit cost of each type of material, the estimation formula for the cost of the new bridge model is developed. Numerical examples show that the results from the estimation formula agree well with that from the real projects. The span limit of cable supported bridge depends on the span-to-height ratio and the density-to-strength ratio of cables. Finally, a parametric study is illustrated aiming at the relations between three key geometrical parameters and the cost of the bridge model. The optimization of the new bridge model indicates that the self-anchored cable-stayed part is always the dominant part with the consideration of either the lowest total cost or the lowest unit cost. It is advisable to combine all three mentioned structural parts in super long span cable supported bridges to achieve the most excellent economic performance.