• Title/Summary/Keyword: Cost Estimating Model

Search Result 337, Processing Time 0.029 seconds

Mobile Device NDF(No Defect Found) Cost Estimation (모바일 디바이스의 원인불명고장에 관한 비용 추정)

  • Lee, Jewang;Lee, Jungwoo;Han, Chang Hee
    • Journal of Korean Society of Industrial and Systems Engineering
    • /
    • v.44 no.2
    • /
    • pp.102-114
    • /
    • 2021
  • NDF (No Defect Found) is a phenomenon in which defects have been found in the manufacturing, operation and use of a product or facility, but phenomenon of defects is not reproduced in the subsequent investigation system or the cause of the defects cannot be identified. Recently, with the development of the fourth industrial revolution, convergence of hardware and software technologies in various fields is spreading to products such as aircraft, home appliances, and mobile devices, and the number of parts is increasing due to functional convergence. The application of such convergence technologies and the increase in the number of parts are major factors that lead to an increase in NDF phenomena. NDF phenomena have a significant negative impact on cost, reliability, and reliability for both manufacturers, service providers and operators. On the other hand, due to the nature of NDF phenomena such as difficult and intermittent cause identification and ambiguity in judgment, it is common to underestimate the cost of NDF or fail to take appropriate countermeasures in corporate management. Therefore, in this paper, we propose a methodology for estimating NDF costs by the PAF model which is a quality cost analysis model and ABC (Activity Based Costing) technique. The methodology of this study suggests a detailed procedure and the concept to accurately estimate the NDF costs, using ABC analysis, accounting system information, and IT system data. In addition case studies have validated the methodology. We think this could be a valid methodology to refer to when estimating the cost of other parts. And, it is meaningful to provide important judgment information in the decision-making process based on quality management and ultimately reduce NDF costs by visualizing them separately by major variable factors.

Object & Parameter based Schematic Estimation Model for Predicting Cost of Building Interior finishings (오브젝트-파라미터기반 건축마감공사비 개산견적 모델)

  • Koo, Kyo-Jin;Park, Sung-Ho;Park, Sung-Chul;Song, Jong-Kwan
    • Korean Journal of Construction Engineering and Management
    • /
    • v.9 no.6
    • /
    • pp.175-184
    • /
    • 2008
  • For deciding the profitability and feasibility of the construction project, the schematic estimation has to not only link the design decision-making but also estimate the cost with reliability. The prototype-based schematic estimation system was developed for easily linking with design-making and supports to evaluate the design alternatives in the design development stage but didn't consider the cost estimated by parameter and additional work items by users. This research presents the object-parameter based schematic estimation model in the design development stage that can lead to accurately estimate the cost by using historical data from the high-storied office buildings. For the development of the proposed model for schematic estimation, after analyzing and classifying the work items from the Bills of Quantities(BOQs) and drawings of historical data, this research proposed the methods of estimating cost in accordance with attributes of each work item. In addition, a case study is performed for the effectiveness as comparing the previous estimating method with the proposed model.

ESTIMATING COSTS DURING THE INITIAL STAGE OF CONCEPTUAL PLANNING FOR PUBLIC ROAD PROJECTS: CASE-BASED REASONING APPROACH

  • Seokjin Choi;Donghoon Yeo;Seung H. Han
    • International conference on construction engineering and project management
    • /
    • 2009.05a
    • /
    • pp.1183-1188
    • /
    • 2009
  • Estimating project costs during the early stage of conceptual planning is very important when deciding whether to approve the project and allocate an appropriate budget. However, due to greater uncertainties involved in a project, it is challenging to estimate costs during this initial stage within a reasonable tolerance. This paper attempts to develop a cost-estimate model for public road projects under these circumstances and limitations. In the conceptual planning stage of a road project, there is only limited information for cost estimation, for example, such input data as total length of the route, origin and destination, number of lanes, general geographic characteristics of the route, and other basic attributes. This implies that the model should individuate suitable but restricted information without considering detailed features such as quantity of earthwork and a detailed route of a given condition. With these limited facts, this paper applies a case-based reasoning (CBR) method to solve a new problem by deriving similar past problems, which in turn is used to estimate the cost of a given project based on best-fitted previous cases. To develop a CBR cost-estimate model, the authors classified 8 representative variables, including project type, the number of lanes, total length, road design grades, etc. Then, we developed the CBR model, primarily by using 180 actual cases of public road projects, procured over the last decade. With the CBR model, it was found that the degree of error in estimation can be reasonably reduced, to below approximately 30% compared to the final costs estimated upon the completion of detailed design.

  • PDF

Software Cost Estimation Based on Use Case Points (유스케이스 점수 기반 소프트웨어 비용 추정)

  • Park Ju-Seok
    • The KIPS Transactions:PartD
    • /
    • v.12D no.1 s.97
    • /
    • pp.103-110
    • /
    • 2005
  • Software Development is converting from structural to object oriented method. The later software development prefers the iterative process applications, not aterfall process and based on use case model, the requirements are expressed and based on this, analysis, design and coding are accomplished. Therefore, size of the software to be developed is estimated basing on use case and it is only possible to maintain the project success by estimating development effort, cost and development period. Even though development effort estimation models related current use case point. there is no appropriate development effort estimating. This paper shows, as a result of applying the development effort estimating model about UCP to the growth curve, a superior performance improvement to current statistical models. Therefore, estimation of development effort by applying this model, project development maintenance can be appropriately carried out.

Development of an Approximate Cost Estimating Model for River Facility Construction at Planning Stage (이.치수형 하천공사 개략공사비 산정모델 개발)

  • Lee, Si-Wook;Lee, Jeong-Yoon;Park, Sung-Hwan;Choi, Jae-Joon;Woo, Sung-Kwon
    • Korean Journal of Construction Engineering and Management
    • /
    • v.10 no.5
    • /
    • pp.95-103
    • /
    • 2009
  • The case of rivers facilities works, expense the standard unit cost for the quality and a rough public corporation expense estimating of the rivers public corporation which is fixed form with the information available which it follows basic design phase absently and possibility of fluctuation. It exists many difficulties in rough public corporation expense estimating. The rivers public corporation expense rough estimating method of existing produces does not exist the amount of material of representative section of the rivers dike and the rough public corporation expense estimating method which is systematic with the method which multiples the seniority (M). The research sees the rough public corporation expense predictive model from the planning stage which is not basic design to consider the quality of the rivers facility public corporation. From this study, it can prevent the waste of national budget from the general public corporation and is more accurate and public corporation expense production possibly.

Application of Probabilistic Risk Analysis for Profitability-Evaluation of Apartment Reconstruction Projects (아파트 재건축사업의 수익성평가에 대한 확률적 위험도 분석 모형 적용방안)

  • Woo, Kwang-Min;Lee, Hak-Ki
    • Korean Journal of Construction Engineering and Management
    • /
    • v.7 no.5
    • /
    • pp.167-176
    • /
    • 2006
  • It was found that Korean Standard of Estimate which has been used as the only basis of cost estimate of public construction projects had some side effects such as jerry-build construction and over-estimation because it failed to reflect the current price and the state-of-the-art construction methods in a changing construction environment. Therefore, the government decided to gradually introduce historical construction cost into cost estimate of public construction projects from 2004. This paper presents analytic criteria and a process model for deducing more current and reasonable historical construction cost for contract items from not only previous contract prices but also all of the other bid prices that were not contracted. The procedure of estimating actual unit cost proposed in this paper focuses on the removal of abnormal values including strategically too low or high prices and the time correction. In addition, basic research is conducted for the correction of actual unit cost through the analysis of fluctuation of bid price depending on bidding types and rates of successful bid. It is anticipated that the effective use of the proposed process model for estimating actual unit cost would make the cost estimation more current and reasonable.

An Evaluation of the Economic Design of Control Charts with Imprecise Information

  • Kim, Gyu Tai;Kim, Jong Rae
    • Journal of Korean Society for Quality Management
    • /
    • v.24 no.3
    • /
    • pp.65-76
    • /
    • 1996
  • This paper is concerned with designing $\bar{X}$-control charts when an estimate error may be Inevitable. Estimate error offen can not be avoided in estimating or measuring the parameter values of the cost model for the control charts. The bounded interval is a common practice to compensate for inherent estimating error. We introduce the 'propagation of error technique to deal with the economic design of the $\bar{X}$-control charts with imprecise information on the cost model parameters. A numerical example is presented to show· its ability in the economic design of $\bar{X}$-control charts.

  • PDF

A Study on Establishing Operation Mathematical Model for Optimum Capacity Estimation of the ESS Applications for each in the Nationwide Perspective (국가적 관점에서 용도별 ESS 적정용량 산정을 위한 운전수리모델 수립에 대한 연구)

  • Kim, Jung-Hoon;Youn, Seok-Min
    • The Transactions of The Korean Institute of Electrical Engineers
    • /
    • v.65 no.6
    • /
    • pp.969-978
    • /
    • 2016
  • Around the world are increasing the demand for ESS. Currently, the domestic is expected to benefit by operating ESS. In the domestic, it is expected to benefit from operations of the installed ESS because of the introduction of ESS less capacity. However ESS capacity to the maximum profit occurs is unknown. ESS is different from the charge-discharge characteristics and the reserve to replace, depending on the application. Therefore, it should be established in accordance with the ESS optimal capacity according to the purpose used because it can maximize the quality and efficiency of the electric energy. To the ESS optimal capacity estimation by the purpose used, It should compare the investment cost caused by ESS facility installation and operation cost caused by operating ESS. In this paper, the operation mathematical model for estimating marginal operation costs established. In operation mathematical model, operating cost is considered fuel cost and no-load cost start-up cost. Because no-load cost and start-up cost are not related to cost and power plant output, there are expressed an integer variable costs as a step function.

A Study on the Estimation of Software Development Cost of IT Projects in Public Sector (공공부문 정보화사업의 소프트웨어 개발비용 예측에 관한 연구)

  • 박찬규;구자환;김성희;신수정;송병선
    • Korean Management Science Review
    • /
    • v.19 no.2
    • /
    • pp.191-204
    • /
    • 2002
  • As the portion of information systems (IS) budget to the total government budget becomes greater, the cost estimation of IS development and maintenance projects is recognized as one of the most important problems to be resolved for scientific and efficient management of IS budget. Since IS budget makes much effect on the delivery time, quality and productivity of IS projects, the exact cost estimation is also necessary for the successful accomplishment of IS projects. The primary concern in the cost estimation of IS projects is software cost estimation, which requires the measurement of the size of softwares. There are two methods for sizing software : line-of-code approach, function point model. In this paper, we propose a function-point-based model for estimating software cost. The proposed model is derived by collecting about fifty domestic IT projects in public sector and analyzing their relationship between cost drivers and development effort. Since the proposed model is developed by simplifying the function point model that can be used only when detailed user requirements are specified, it can be also applied at project planning and budgeting phase.

A Study on the Application of Life Cycle Cost Analysis for the Urban Transit Vehicle (도시철도차량의 수명주기비용 분석의 적용에 대한 고찰)

  • Chung, Kwang-Woo;Kim, Chul-Su;Ahn, Seung-Ho;Jeon, Young-Seok;Kim, Jae-Moon;Han, Seok-Youn
    • Proceedings of the KSR Conference
    • /
    • 2008.06a
    • /
    • pp.721-732
    • /
    • 2008
  • This paper is concerned with the life-cycle cost(LCC) analysis of the urban transit vehicle. LCC is the core part of analyzing the total cost of acquisition and ownership of a system. LCC in railway industry has been focused on the prediction of investment for railway vehicles. Therefore, to investigate future cost for operation and maintenance in detail, it is necessary to evaluate the LCC of the vehicle systematically. This study is focused on making a fundamental model for estimating the LCC of the urban transit vehicle. To develop a appropriate LCC model, we broadly analyzed specs and standards and compared the LCC model developed in other country. Moreover, this paper proposes strategies to develop an unique LCC model for the urban transit vehicle.

  • PDF