• Title/Summary/Keyword: Cost factor

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Evaluation Methodology of System Interruption Cost Taking into Consideration Failure Rate of Distribution Facilities (배전기자재별 고장확률을 고려한 배편계통 수용가 정전비용 산출 기법)

  • Choe, Sang-Bong;Kim, Dae-Gyeong;Jeong, Seong-Hwan
    • The Transactions of the Korean Institute of Electrical Engineers A
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    • v.51 no.5
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    • pp.232-237
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    • 2002
  • It is increased for methodology to evaluate distribution power system interruption cost in power supply zones under competitive electricity market. This paper presents algorithms to evaluate system interruption cost in distribution power supply zones taking into consideration failure rate of distribution facilities and composite customer interruption cost. In this paper, it is introduced for weighting factor for each customer failure duration and failure rate of distribution facilities to evaluate reasonable system interruption cost in distribution power supply area. Also, this Paper estimates evaluation results of system interruption cost using a sample model system. Finally, evaluation results of system interruption cost based on failure rate of distribution facilities and composite customer interruption cost are shown in detail.

Optimization of Software Cost Model with Warranty and Delivery Delay Costs

  • Lee, Chong-Hyung;Jang, Kyu-Beom;Park, Dong-Ho
    • Communications for Statistical Applications and Methods
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    • v.12 no.3
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    • pp.697-704
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    • 2005
  • Computer software has gradually become an indispensable elements in many aspects of our daily lives and an important factor in numerous systems. In recent years, it is not unusual that the software cost is more than the hardware cost in many situations. In addition to the costs of developing software, the repair cost resulting from the software failures are even more significant. In this paper, a cost model with warranty cost, time to remove each fault detected in the software system, and delivery delay cost is developed. We use a software reliability model based on non-homogeneous Poisson process (NHPP). We discuss the optimal release policies to minimize the expected total software cost. Numerical examples are provided to illustrate the results.

Improving the Application Type and Quality/Characteristics Adjustment Factors of the Korea Software Cost Estimation Standard (소프트웨어 개발비 기준의 애플리케이션 유형과 품질 및 특성 보정요소 개선)

  • Park, Chan-Kyoo;Kim, Woo-Je;Seo, Yong-Won
    • Journal of Information Technology Services
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    • v.8 no.2
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    • pp.43-70
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    • 2009
  • As software development and maintenance cost increase quickly, information systems managers are more concerned about how to effectively manage software cost. To estimate the software development cost, most public institutes of Korea use the software cost estimation standard established by the government. Unfortunately, the accuracy of the estimation derived from the standard has not been satisfactory in spite of repetitive modifications made to improve it. One of the major reasons for the inaccuracy is that the standard has too small a number of cost adjustment factors to reflect the various characteristics of a software development project. To remedy this problem, we propose new cost adjustment factors which can be incorporated into the standard and are important to enhance the estimation accuracy, based on the analysis of several well-known software estimation models. Furthermore, by applying the proposed model to real world software projects, we show that the proposed model can produce more accurate estimates than the current standard.

The Effect of Service Quality on Airline Image and Behavioral Intention of Low-Cost Carriers (저가항공사의 서비스품질이 항공사의 이미지와 행동의도에 미치는 영향)

  • Choi, Ho-Gyu
    • Journal of Distribution Science
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    • v.11 no.12
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    • pp.39-49
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    • 2013
  • Purpose - This study attempts to examine the underlying dimensions of service quality (tangibility, reliability, responsiveness, assurance, and empathy) for low-cost carriers. It subsequently seeks to determine the effect of the relationships of the dimensions of service quality, airline image, and behavioral intentions on airline services to provide adequate basic information and attributes for developing differentiated and competitive service marketing strategies. Research design, data, and methodology - The survey for this study was conducted on patrons with low-cost carrier boarding experiences in districts near universities and central businesses of Seoul and Busan from 5/10/2012 to 16/10/2012. Out of 346 questionnaires, 20 questionnaires with missing data and insincere answers were excluded for this study. Collected data were processed using SPSS 18.0, and the hypothesis was verified by analyzing the structural equation model with Lisrel 8.54. First, the frequency analysis was conducted to identify universal characteristics. Second, the exploratory factor analysis and reliability analysis were conducted to identify the accuracy of the variable measurements of the construct. Third, to assess uni-dimensionality and reliability, confirmatory factor analysis was conducted. Finally, to verify the adequacy of the research model and research hypothesis, the structural model was employed. Results - The results revealed that the factors, "tangibility, reliability, responsiveness, assurance, and empathy" were shown to be the most important dimensions of service quality for the airline image of the low-cost carrier which was consistent with previous studies. Therefore, it is fair to suggest that these verified factors are crucial attributes for the brand image of low-cost carriers. Second, as reliability and responsiveness were shown to be the most important factors for behavioral intentions, it is viable to suggest that these two attributes are crucial for the sales value of low-cost carriers. Further, it was found that the brand image of low-cost carriers was closely related to behavioral intentions. Therefore, in order to ensure the competitiveness and loyalty of patrons, the airline image value is a crucial attribute. Conclusions - The result of this study established that service quality is the most important attribute for marketing to ensure competitiveness, and intensive and differentiated service marketing play a crucial role in creating profits for low-cost carrier companies. First, as tangibility is found to be the most crucial factor in ensuring service quality, quality control and maintenance of medium and small carriers must be provided to ensure reliability, as they are the main attributes of low-cost carriers. Second, in order to promote positive behavioral intentions, it is essential to enhance the value of airline image. Third, in order to ensure competitiveness, it is imperative to carry out intensive and differentiated service marketing. Therefore, to promote the image of low-cost carriers and enhance behavioral intentions, the level of service quality must be secured by developing appropriate service improvement programs.

The Development of the Simplified Simulation Technique for the Best Generation Mix (최적전원차성을 위한 절감 시뮬레이션 방법의 개발)

  • 송길영;최재석
    • The Transactions of the Korean Institute of Electrical Engineers
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    • v.37 no.6
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    • pp.339-349
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    • 1988
  • The simplified simulation technique for the best generation mix is developed and the studied results are described. The best generation mix over study time from the economic point of view can be easily constructed by this technique. Generator maintenance, the operation of pumpgenerator and LNG thermal generator with limited energy are simulated variously, so a role of each generator is also easily evaluated. Through parametric analysis, useful planning guide points are obtained for the best generation mix transition, nuclear power plant construction cost, ruanium cost , oil cost, coal cost and midnight factor in the study case corresponding to real power system size model.

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Optimal Burn-In under Waranty

  • Kim, Kui-Nam;Lee, Kwang-Ho
    • Communications for Statistical Applications and Methods
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    • v.6 no.3
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    • pp.719-728
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    • 1999
  • This paper discusses an optimal burn-in procedure to minimize total costs based on the assumption that the failure rate pattern follows a bimodal mixed Weibull distribution. The procedure will consider warranty period as a factor of the total expected burn-in cost. A cost model is formulated to find the optimal burn-in time that minimizes the expected burn-in cost. Conditional reliability for warranty period will be discussed. An illustrative example is included to show how to use the cost model in prctice.

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최적 열전달계수를 이용한 단열기준산출

  • Lee, Jin-Won;Lee, Jong-Won
    • The Magazine of the Society of Air-Conditioning and Refrigerating Engineers of Korea
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    • v.8 no.2
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    • pp.95-100
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    • 1979
  • Optlmum overall heat transmission coefficient for residential buildings is calculated as a function of building parameter, area/volume. Equivalent heat transmission coefficient and equivalence factor are introduced and optimized with respect to annual cost including fuel cost , insulation cost and equipment cost Comparison with recent standard of West Germany shows similarity of the result.

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Edge Detection using Cost Minimization Method (비용 최소화 방법을 이용한 모서리 감지)

  • Lee, Dong-Woo;Lee, Seong-Hoon
    • Journal of Internet of Things and Convergence
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    • v.8 no.1
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    • pp.59-64
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    • 2022
  • Existing edge discovery techniques only found edges of defined shapes based on precise definitions of edges. Therefore, there are many limitations in finding edges for images of complex and diverse shapes that exist in the real world. A method for solving these problems and discovering various types of edges is a cost minimization method. In this method, the cost function and cost factor are defined and used. This cost function calculates the cost of the candidate edge model generated according to the candidate edge generation strategy. If a satisfactory result is obtained, the corresponding candidate edge model becomes the edge for the image. In this study, a new candidate edge generation strategy was proposed to discover edges for images of more diverse shapes in order to improve the disadvantage of only finding edges of a defined shape, which is a problem of the cost minimization method. In addition, the contents of improvement were confirmed through a simple simulation that reflected these points.

Cost Analysis of Composite Method Using Hollow-PC Column (중공 PC기둥을 적용한 복합공법의 공사비 분석)

  • Park, Byeong-Hun;Kim, Jae-Yeob
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2016.10a
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    • pp.71-72
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    • 2016
  • Most of studies on PC method aim at the structural analysis and development of PC members, and studies on the construction management aspect are insufficient. Therefore, this study tries to investigate 'hallow PC column composite method(HPC composite method)' from the viewpoint of construction management and analyze the construction cost of the composite method. On the assumption that each comparative method was applied to the zone, the difference in construction cost between the two methods was analyzed. As a result, HPC composite method increased the initial investment cost because of its factor technology, but reduced transport cost, lifting cost, and installation cost through lightweight columns. This study analyzed only the difference in construction cost of HPC composite method so that it has the limitation in evaluating its economy. Therefore, to evaluate the economy of HPC composite method, it is considered to research more the construction cost of HPC composite method.

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A Study on cost expenditure characteristics and importance level of each maintenance item of public office buildings by conducting cost surveys (공공업무시설의 수선비 조사를 통한 연차별 비용변화 패턴 및 수선비 항목별 발생빈도와 평균비용 분석)

  • Choi, Seok Kyoo;Kim, Gap Youl
    • KIEAE Journal
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    • v.8 no.1
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    • pp.111-118
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    • 2008
  • To maintain the public office buildings, the related government employee uses cost under the limited budget. it is difficult to execute the budget as is assigned to maintenance items with contemplating the characteristics such as frequency, cost/item, weighting factor, and etc. As a precedent study about this cost-efficiency model, this study is intended to show the expenditure trends, frequencies, and cost distributions of maintenance items for the development of cost-efficiency model by analyzing time series data from the surveys on maintenance costs of the selected public office buildings.