• Transactions of Materials Processing
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• v.24 no.3
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• pp.181-186
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• 2015

Many in the industrial world that consume high amounts of energy are trying to reduce energy when manufacturing their products. Energy saving during manufacturing is a cost reduction. Reduced cost is necessary for profit improvement. The Piston Under Drive Brake used in the current study is an automotive transmission part. The original machining after hot forging was changed to machining after cold forging of a plate in order to save energy and cost. Two extrusion shapes along the outer diameter caused decreased tool life because of the interrupted cut during turning. Therefore, a thickness reduction of two extrusion areas in the outer diameter was needed. The current study suggests an effective way to reduce the thickness of interrupted cut by using progressive blanking.

• Journal of Navigation and Port Research
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• v.27 no.3
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• pp.297-306
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• 2003

As the competition in the liner shipping industry is becoming fiercer, the shipping company is trying to find the way to keep the best competitive position by reducing the cost level as low as possible and offering the best quality of service to their customer. In order to achieve this goal, the selection of port and terminal that have the best quality of service and cost effective structure is essential for the shipping line, where they can only have a chance to save the money. In this context, the paper compares three European container terminals in order to understand the factors that have to be considered in the decision making process for the selection of terminal. And its advantages and disadvantages of each type of container terminal operation system were analyzed from the liner shipping company's point of view in terms of cost, time, flexibility, stability, hinterland connection, geographical position and terminal productivity. It is obvious that the cost factors are very important for liner shipping company to select their terminal. However, there might be even more important factors than the cost factors, such as quality of port and terminal service, mutual trust, and possibility of future development.

• Journal of Environmental Science International
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• v.18 no.6
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• pp.603-608
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• 2009

Activated sludge sewage treatment processes are difficult to be controlled because of their complex and nonlinear behaviour, however, the control of the dissolved oxygen level in the reactors plays an important role in the operation of the facility. For this reason, this study is designed to present a system which accurately measures DO, MLSS, pH and ORP in the aeration tank to alleviate situations above and provide the automatization of a sewage treatment plant (STP) using new DO control system. The automatic control systems must be guaranteed the accuracy. Therefore, the proposed automatic DO control system in this study could be commercial applications in the aeration tanks by means of operating cost analysis and user-friendly for operation and maintenance. We could get accurate data from the lab tank which has water quality checker because there was no vortex and air bubble during the measurement process. Improvement of confidence in the lab tank enabled effective and automatic operation of sewage treatment plants so that operation costs and manpower could be saved. If this result is put in place in every sewage treatment plant nationwide for practical purposes, it is estimated to cost 18.5 million dollars in installing the lab tank and to save 9.8 million dollars in management cost a year, except for cost saved by automation.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.63 no.2
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• pp.205-210
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• 2014

The micro grid considered in this paper consists of a diesel generator, a photovoltaic array, a wind turbine, a fuel cell, and a energy storage system. This paper explains and simulates the micro grid components in terms of accuracy and efficiency of having a system model based on the costs of fuel as well as operation and maintenance. For operational efficiency, the objective function in a diesel generator consists of the fuel cost function similar to the cost functions used for the conventional fossil-fuel generating plants. The wind turbine generator is modeled by the characteristics of variable output. The optimization is aimed at minimizing the cost function of the system while constraining it to meet the customer demand and safety of micro grid. The operating cost in fuel-cell system includes the fuel costs and the efficiency for fuel to generate electric power. To develop the overall system model gives a possibility to minimize of the total cost of micro grid. The application of optimal operation can save the interruption costs as well as the operating costs, and improve reliability index in micro grid.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.32 no.2
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• pp.57-65
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• 2009

In continuous review inventory model, (${\varrho}$, ${\gamma}$) system, order quantity(${\varrho}$) and reorder point(${\gamma}$) should be determined to calculate inventory-related cost that consists of setup, holding, and penalty costs. The procedure to obtain the exact value of ${\varrho}$ and ${\gamma}$ is complex. In this paper, a regression analysis is proposed to get the approximate inventory-related cost without the determination of ${\varrho}$ and ${\gamma}$ in the case that the standard deviation(${\sigma}$) of the lead time demand is small or that the mean(${\mu}$) of the lead time demand is proportional to ${\sigma}$. To save inventory-related cost, central warehouses with (${\varrho}$, ${\gamma}$) system can be built. Central warehouse can provide some stores with products with the consideration of the tradeoff between inventory-related cost and transportation cost. The number and the location of central warehouses to cover all the stores are determined by a regression-based approach. The performance of the proposed approach is tested by using some computational experiments.

• Journal of Korean Association for Spatial Structures
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• v.21 no.3
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• pp.77-84
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• 2021

In this study, In order to apply the U-flanged truss hybrid beam to the actual construction site, the structural design of the basic module of the middle and low-rise neighborhood living facilities was performed according to the Korea Design Standard, and the construction cost and construction period were compared with the traditional reinforced concrete structure system. As a result of analyzing the construction cost for the basic module, if the U-flanged truss hybrid beam and D-Deck slab system are used, the construction cost can be reduced by 86% compared to the traditional reinforced concrete structure system. In addition, as a result of analyzing the construction period for a floor area of 1,000m², using the U-flanged truss hybrid beam and D-Deck slab system can save 2.0days in construction period compared to the traditional reinforced concrete structure system. Therefore, the U-flange truss hybrid beam can secure sufficient economic feasibility compared to the existing reinforced concrete method in terms of cost reduction and shortening of construction period.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• 2006.11a
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• pp.123-130
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• 2006

Recently, Korean government promotes BTL(Build-Transfer-Lease) for their public construction project to apply private sector's experience and finance initiatives. Many of public buildings and civil infrastructure projects were planned to be delivered by BTL and it helps to continue public projects under tight budget conditions. Since the characteristics of BTL projects, creative ideas for the project function, performance and its LCC (Life Cycle Cost) become more important than usual public work project. This paper introduces the systematic "VE job Plan" application techniques for BTL project and shows the process. This study shows the application of "VE job Plan" for BTL project to help decision making and value improvement. Also, Project cost was estimated by LCC (Life Cycle Cost) analysis. Technical "FAST diagram"was developed and used to find major functions of the project. So, it helps to improve performance of functions and make creative ideas. FAST diagram also help to find relationships between functions and cost. A case study (Daegu Art Gallery BTL Project) was conducted using proposed "VE job Plan. Study demonstrates how value management helps save money and increase functional performance. Researcher found that project can save cost and improve performance of functions significantly by using appropriate VE analysis process at appropriate time.

• Health Policy and Management
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• v.15 no.2
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• pp.1-15
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• 2005

The aim of this study was to compare medical cost of hospice care and that of conventional care during the last year of life, and identify factors that influenced the cost. From January to August 2003 592 terminal cancer patients receiving care from 5 hospice care units and 2 hospice care teams in general hospitals were enrolled to case group. Two hundreds and seventy two terminal cancer patients receiving conventional care from 7 general hospitals were enrolled to hospital-based control group, and 1,636 terminal cancer patients from 122 general hospitals located in same regions with the 7 hospitals were enrolled to community-based control. We used characteristics and medical cost from data of National Health Insurance Cooperation. Total medical cost per beneficiary in cases was about 10 millions won, 14.5 millions in hospital-based controls and 11.1 millions in community-based controls. The hospice care saved $45\%$ over the last year of life compared with hospital-based controls (p<0.0001). Saving of inpatient cost account for approximately $80\%$ of saving per beneficiary. Hospice care saved $29\%$ of medical cost per hospitalization day compared with hospital­based controls and $17\%$ compared with community-based controls (p<0.0001). Multiple regression analyses showed that hospice care significantly saved the medical cost. This study suggest that hospice care save medical cost compared with hospital-based control and community-based control. Most of saving of inpatient cost account for approximately $80\%$ of saving of medical cost.

• 한국신재생에너지학회:학술대회논문집
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• 2010.06a
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• pp.162.2-162.2
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• 2010

The energy storage system is considered to be one of the useful devices for energy storing and recycling. the energy storage system can save energy cost and stabilize the system voltage. This paper presents the development of two energy storage systems. One is 750V system for light rail system. the other is 1500V system for heavy rail system.

• Proceedings of the Computational Structural Engineering Institute Conference
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• 2004.04a
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• pp.275-283
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• 2004

The paper describes the integrated design system using MDO and approximation technique. In MDO related research, final target is an integrated and automated MDO framework systems. However, in order to construct the integrated design system, the prerequisite condition is how much save computational cost because of iterative process in optimization design and lots of data information in CAD/CAE integration. Therefore, this paper presents that an efficient approximation method, Adaptive Approximation, is a competent strategy via MDO framework systems.