• Title/Summary/Keyword: Cost savings effect

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Features and Cost Reduction Effect of High Pressure LNG Pipeline Network (고압 LNG 배관망의 특성 및 비용절감 효과)

  • Kim, Ho-Yeon;Hong, Young-Soo;Noh, Joo-Young;Eom, Yun-Seong;Kim, Cheol-Man
    • Journal of Energy Engineering
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    • v.17 no.3
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    • pp.139-144
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    • 2008
  • Recently due to march as the high oil price, It is necessary for Korea to grope a plan, which is to increase the energy efficiency of existing facilities as well as to develop overseas gas and oil resources. With this point, this work carried out to approach the high pressure LNG pipeline network of Inchon receiving terminal with Newton method as corrective flowrate. We found that the high pressure network mainly depends on FCVs(Flow Control Valves). The high pressure pump showed the maximum efficiency at the FCVs of 50% opening and could discharge LNG only above the LNG head of 1,500m from a system curve obtained. The operating cost of pumps was estimated from their operating points. We compared the operating cost under normal operation with the operating cost under maximum efficiency. Especially, we obtained the day savings of a year as wells as the hour savings of a day. From the results, the high pressure network win be able to reduce the operating cost of 138 million wons in a year. This means that a pump can reduce the operating cost of 9,823 thousands won. Consequently, this work could find the operating features of the pumps under the complicated high pressure LNG network and the savings effect of the pump operating cost. Also, the results will be able to macroscopically contribute the heightening of national energy competitiveness as well as to microscopically contribute the future effective operation of LNG receiving terminal.

Cost savings for paper machines with automation solution packages (초지기 자동화 해법에 의한 운전비용 절감대책)

  • Sorsa, Jukka
    • Proceedings of the Korea Technical Association of the Pulp and Paper Industry Conference
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    • 2007.05a
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    • pp.83-125
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    • 2007
  • Increasing energy costs have caused profitability problems for paper suppliers. Therefore unprofitable lines are being closed down. The actions aiming for improved profits are focused either on cost savings or on increasing the capacity of the remaining machines. The runnability of a paper machine and its total efficiency have a significant effect on energy consumption. Producing one ton of waste paper consumes at least as much energy as producing the same amount of sellable end product. New automation solutions enable significant cost-effective improvements to the total efficiency of a line without large investment projects. The measures focus on minimizing changes, interruptions, interruption recovery times and grade change times. Newest actuators, online quality measurements and wet end analysators create an improvement potential, which can be optimally implemented with the latest machine direction control solutions, based on model predictive control concepts. Equally, drying management is significant to the energy consumption. The newest control strategies optimize the use of various drying actuators for different situations; either by responding to changes as efficiently as possible or by using only the cheapest energy sources in stable situations. An even steam supply, which is vital for paper machines, is achieved with control for the power plant steam network. This makes possible to avoid the delays upon starting the paper machine and assure an even steam supply for the drying section and the actuators. This document describes means which have brought significant energy and raw material savings for paper machines. Metso Automation has provided efficiency improvement packages, which are usually based on optimized control of dry weight and drying in all running conditions. The solutions are based on performance analysis, on which the estimations for improvement potential and the necessary actions are based on. Typically benefits on an annual level have been from hundreds of thousands of euros to over one million euro. For example, variations in dry weight have been decreased more than 50%. The results are presented with a few examples. Additionally, the analysis models, adjustment solutions and the changes in running methods with which the results were achieved, are presented.

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Performance assessment of advanced hollow RC bridge column sections

  • Kim, T.H.;Kim, H.Y.;Lee, S.H.;Lee, J.H.;Shin, H.M.
    • Computers and Concrete
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    • v.16 no.5
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    • pp.703-722
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    • 2015
  • This study investigates the performance of advanced hollow reinforced concrete (RC) bridge column sections with triangular reinforcement details. Hollow column sections are based on economic considerations of cost savings associated with reduced material and design moments, as against increased construction complexity, and hence increased labor costs. The proposed innovative reinforcement details are economically feasible and rational, and facilitate shorter construction periods. We tested a model of advanced hollow column sections under quasi-static monotonic loading. The results showed that the proposed triangular reinforcement details were equal to the existing reinforcement details, in terms of the required performance. We used a computer program, Reinforced Concrete Analysis in Higher Evaluation System Technology (RCAHEST), for analysis of the RC structures; and adopted a modified lateral confining effect model for the advanced hollow bridge column sections. Our study documents the testing of hollow RC bridge column sections with innovative reinforcement details, and presents conclusions based on the experimental and analytical findings. Additional full-scale experimental research is needed to refine and confirm the design details, especially for the actual detailing employed in the field.

Virtual Manufacturing for an Automotive Company (I) - Workflow Analysis and Strategic Planning of Manufacturing Preparation Activities (자동차 가상생산 기술 적용 (I) - 생산준비 업무 분석 및 적용 전략 수립)

  • Noh, Sang-Do;Lee, Chang-Ho;Hahn, Hyung-Sang
    • IE interfaces
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    • v.14 no.2
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    • pp.120-126
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    • 2001
  • Virtual manufacturing is a technology facilitating effective development and agile manufacturing of products via sophisticated computer models representing physical and logical schema and behavior of real manufacturing systems including manufacturing resources, environments, and products. Based on these models, virtual manufacturing supports decision making and error checking in the entire manufacturing processes from design to mass production. At first, we analyzed manufacturing preparation activities of the four major production shops such as press, body assembly, painting and final assembly, of a Korean automotive company. We then developed the workflow models out of the analysis by the IDEF methodology, and generated a strategic plan for the systematic application of the virtual manufacturing technologies. We identified many manufacturing preparation activities that can be improved by the application of virtual manufacturing technologies. Finally, we estimated the effect of improvement including time savings in car development processes and corresponding cost savings.

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Cost Savings Effect of Internal Emission Trading in US Coal-Fired Electric Power Industry (석탄발전소(石炭發電所)에 대(對)한 배출권(排出權) 내부거래(內部去來)의 비용절감효과(費用節減效果))

  • Lee, Myeong-Heon
    • Environmental and Resource Economics Review
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    • v.9 no.1
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    • pp.1-23
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    • 1999
  • 배출권거래제도의 비용절감효과를 분석함에 있어 요소간 대체가능성 등 외부환경 변화에 대한 기업의 적응도를 반영하지 않은 공학적 추정치는 그 신뢰성에 한계가 있다. 또한 경제학적 분석방식을 시도한 연구의 대부분이 외부거래만을 대상으로 해온 반면에 거래실적의 다수를 차지하고 있는 내부거래에 대한 연구는 미미한 실정이다. 본 연구에서는 Gollop and Roberts (1985)의 경제학적 추정모형을 이용하여 미국 석탄발전소를 대상으로 $SO_2$ 배출권에 대한 내부거래의 비용절감정도를 측정한 후 효과의 크기 변에서 외부거래와의 차이를 규명하고자 한다.

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An Empirical Study on the Factors Affecting RFID Adoption Stage with Organizational Resources (조직의 자원을 고려한 RFID 도입단계별 영향요인에 관한 실증연구)

  • Jang, Sung-Hee;Lee, Dong-Man
    • Asia pacific journal of information systems
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    • v.19 no.3
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    • pp.125-150
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    • 2009
  • RFID(Radio Frequency IDentification) is a wireless frequency of recognition technology that can be used to recognize, trace, and identify people, things, and animals using radio frequency(RF). RFID will bring about many changes in manufacturing and distributions, among other areas. In accordance with the increasing importance of RFID techniques, great advancement has been made in RFID studies. Initially, the RFID research started as a research literature or case study. Recently, empirical research has floated on the surface for announcement. But most of the existing researches on RFID adoption have been restricted to a dichotomous measure of 'adoption vs. non-adoption' or adoption intention. In short, RFID research is still at an initial stage, mainly focusing on the research of the RFID performance, integration, and its usage has been considered dismissive. The purpose of this study is to investigate which factors are important for the RFID adoption and implementation with organizational resources. In this study, the organizational resources are classified into either finance resources or IT knowledge resources. A research model and four hypotheses are set up to identify the relationships among these variables based on the investigations of such theories as technological innovations, adoption stage, and organizational resources. In order to conduct this study, a survey was carried out from September 27, 2008 until October 23, 2008. The questionnaire was completed by 143 managers and workers from physical distribution and manufacturing companies related to the RFID in South Korea. 37 out of 180 surveys, which turned out unfit for the study, were discarded and the remaining 143(adoption stage 89, implementation stage 54) were used for the empirical study. The statistics were analyzed using Excel 2003 and SPSS 12.0. The results of the analysis are as follows. First, the adoption stage shows that perceived benefits, standardization, perceived cost savings, environmental uncertainty, and pressures from rival firms have significant effects on the intent of the RFID adoption. Further, the implementation stage shows that perceived benefits, standardization, environmental uncertainty, pressures from rival firms, inter-organizational cooperation, and inter-organizational trust have significant effects on the extent of the RFID use. In contrast, inter-organizational cooperation and inter-organizational trust did not show much impact on the intent of RFID adoption while perceived cost savings did not significantly affect the extent of RFID use. Second, in the adoption stage, financial issues had adverse effect on both inter-organizational cooperation and the intent against the RFID adoption. IT knowledge resources also had a deterring effect on both perceived cost savings and the extent of the RFID adoption. Third, in the implementation stage, finance resources had a moderate effect on environmental uncertainty and extent of RFID use while IT knowledge resources had also a moderate effect on perceived cost savings and the extent of the RFID use. Limitations and future research issues can be summarized as follows. First, it is difficult to say that the sample is large enough to be representative of the population. Second, because the sample of this study was conducted among manufacturers only, it may be limited in analyzing fully the effect on the industry as a whole. Third, in consideration of the fact that the organizational resources in the RFID study require a great deal of researches, this research may deem insufficient to fulfill the purpose that it initially set out to achieve. Future studies using performance research are, therefore, needed to help better understand the organizational level of the RFID adoption and implementation.

The Improvement of Housing Affordability by Transportation Savings in the Suburbs of Seoul Metropolitan (통근비용절감을 통한 서울근교도시 거주자의 주택구입능력 개선효과)

  • Choi, Jung-Woo;Baek, Sung-Joon;Lee, Jong-Hoon
    • Journal of the Korean housing association
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    • v.23 no.5
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    • pp.31-39
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    • 2012
  • This study has analyzed the effect of the housing affordability improvement of the residents in the metropolitan areas, applying Transit Supportive Home Loan (TSHL) which extends the loan amount according to the transportation cost saving based on Location Efficiency Mortgage (LEM) System in the USA. The previous studies focused on introducing LEM system to Korea, whereas this study has analyzed TSHL effect for the first time, taking into account the situation in Korea. For analysis, The Transportation Savings (TS) is calculated and Housing Affordability Index (HAI) is drawn by applying increased TS and DTI (Debt to Income), so the improvements of housing purchasing ability is examined by HAI's improvement. As a result, transit commute 1 (having own car) and transit commute 2 (without having own cars) respectively produce the TS of monthly average 36 thousand won and 110 thousand won in comparison with car using commute. Each additional loan (TSHL) amounts to 16.57 million won and 54.07 million won. As the distance is farther and the house price cheaper, the improvement of HAI is more outstanding. City hall area showed the highest improvements of HAI by 9.3% (transit commute 1) and 21.9% (transit commute 2) increase, in comparison with car using commute.

A Study on Computer Center Maintenance Savings through NT Server Consolidate Virtualization (NT 서버 통합 가상화를 통한 전산센터 유지보수 절감에 대한 연구)

  • Lee, Yong-Hui;Kim, Hwan-Seok
    • Journal of the Korea Society of Computer and Information
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    • v.19 no.2
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    • pp.11-19
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    • 2014
  • In this paper, we build server consolidate virtualization focusing on NT server dilapidated and through analysis of the effect of this, has been presented the following results. First, it was possible to obtain an increase in the constant temperature constant humidity chamber efficiency by securing the upper surface space for computing data center mounted virtualization integration server servers multiple physical. Second, by the deployment of virtualization of a large server dilapidated, the introduction of new resources and the cost of maintaining computerized data center and reduce power consumption, the reduction of hardware introduction of additional due to the new server deployment it was possible to derive a cost reduction effect. We obtain the reduction of 89% and 79% compared with conventional consumption of cooling and power savings of the top surface, respectively. Integration of NT servers are virtualized can be expected to change in the Green-IT to contribute to providing the maintenance costs of computing centers in the future as well as current. Building a virtualization server integration applied in this paper can be similarly applied to the UNIX system and to integrate the server group other.

Effect of Boron on the Manufacturing Properties of Ti-2Al-9.2Mo-2Fe Alloy (Ti-2Al-9.2Mo-2Fe 합금의 후공정 특성에 미치는 보론의 영향)

  • Kim, Tae-Yong;Lim, Ka-Ram;Lee, Yong-Tai;Cho, Kyung-Mok;Lee, Dong-Geun
    • Korean Journal of Materials Research
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    • v.25 no.11
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    • pp.636-641
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    • 2015
  • Titanium has many special characteristics such as specific high strength, low elastic modulus, excellent corrosion and oxidation resistance, etc. Beta titanium alloys, because of their good formability and strength, are used for jet engines, and as turbine blades in the automobile and aerospace industries. Low cost beta titanium alloys were developed to take economic advantage of the use of low-cost beta stabilizers such as Mo, Fe, and Cr. Generally, adding a trace of boron leads to grain refinement in casted titanium alloys due to the pinning effect of the TiB phases. This study analyzed and evaluated the microstructural and mechanical properties after plastic deformation and heat treatment in boron-modified Ti-2Al-9.2Mo-2Fe alloy. The results indicate that a trace of boron addition made grains finer; this refinement effect was found to be maintained after subsequent processes such as hot forging and solution treatment. This can effectively reduce the number of required manufacturing process steps and lead to savings in the overall cost as well as low-cost beta elements.

A Study on the Effective and Speedy container handing system(E&S) Effectiveness in railroad (철도 화물취급역 입환생략모델(E&S) 도입 효과에 관한 연구)

  • Kim, Ick-Hee;Yoon, Dong-Hee;Hong, Cheon-Hi
    • Proceedings of the KSR Conference
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    • 2011.05a
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    • pp.505-510
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    • 2011
  • The railroad freight transport has great merits that can transport mass and specific items(dangerous goods), but it takes a long time because of low accessibility to the logistics facility and the complex process of loading freight in middle station. This paper analyzed volumes and characters of each railroad freight item, and was carried out the effect of applying E&S system to Gyeongbu line containers to find the method of reducing transport time and effective container transportation. As a result of Cost-Effectiveness analysis, the block train(B/T) is reducing transport time more about 1~2 hours. The road congestion cost is saving about 2.2 billion won. And due to skipping work of organizing train, personnel and equipment expenses savings expected about 9 billion won. It is expected that the E&S system enhances the container transport service and has an effect positive influence on making a efficient method of transport. But It is necessary to estimate pre-feasibility of applying E&S system that the standard of estimating cost and benefit is required further examination.

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