• International Journal of Quality Innovation
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• 제7권3호
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• pp.1-14
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• 2006

Economic value added (EVA) is introduced on two levels: as index for evaluation of corporation and as index for evaluation of business unit. In the latter case, application of one and the same cost of capital to all business units of a business corporation may be possible, but it is a fundamental policy for EVA to apply different cost of capital to business units with different risks. Estimate of cost of capital of business units is a problem to be resolved. The author, focusing on the question of the estimate of cost of capital of business units, has conducted a demonstrative study on risk structure of cost of capital estimates by using financial indices of Japanese manufacturers (37 automotive industries, 141 electrical and electronic machinery industries, 63 food processing industries, 98 chemical industries, 125 general machinery industries) for a period of 5 years from 1995 to 1999. The author presumes that $\beta$ is explained by a regression formula ${\beta}=B_0+{\Sigma}B_iY_i+{\alpha}$ ($Y_i$: financial indices) and selects 40 explanatory variables from financial statements as risk components. Using their financial indices, the author concludes through a series of statistical analyses that there is a good likelihood of estimating cost of capital for Japanese industries and is convinced that it will lead to more reliable and practical results by assigning averages and variances to 40 primary financial indices for a period of 3 to 5 years selected in this demonstrative study.

• 시스템엔지니어링워크숍
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• 통권1호
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• pp.60-64
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• 2003

In this study, we have analyzed the cost of korea high-speed railway system. The predicted cost in planning phase and adjustment data to 5th year are collected. Then, predicted cost is compared with adjustment in year/item/system base. We make a project history table for criteria to review project history and research & development activity. We have developed CBS(cost breakdown structure) and allocated adjustment data to them. It is shown that cost prediction related to research & development activity in planning phase is relatively correct.

• 한국철도학회:학술대회논문집
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• 한국철도학회 2002년도 추계학술대회 논문집(I)
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• pp.376-381
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• 2002

In this study, we have analyzed the cost of korea high-speed rail project. The predicted cost in planning phase and adjustment data to 5th year are collected. Then, predicted cost is compared with adjustment in year/item/system base. We make a project history table for criteria to review project history and research ＆ development activity. We have developed CBS(cost breakdown structure) and allocated adjustment data to them. It is shown that cost prediction related to research St development activity in planning phase is relatively correct.

• 대한조선학회논문집
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• 제59권1호
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• pp.39-45
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• 2022

Normal strategy of structure optimization procedure has been minimum cost or weight design. Minimum weight design satisfying an allowable stress has been used for the ship and offshore structure, but minimum cost design could be used for the case of high human cost. Natural frequency analysis and forced vibration one have been used for the strength estimation of marine structures. For the case of high precision experiment facilities in marine field, the structure has normally enough margin in allowable stress aspect and sometimes needs high natural frequency of structure to obtain very high precise experiment results. It is not easy to obtain a structure design with high natural frequency, since the natural frequency depend on the stiffness to mass ratio of the structure and increase of structural stiffness ordinary accompanies the increase of mass. It is further difficult at the grillage structure design using the profiles, because the properties of profiles are not continuous but discrete, and resource of profiles are limited at the design of grillage structure. In this paper, the grillage structure design system under the constraint of high natural frequency is introduced. The design system adopted genetic algorithm to realize optimization procedure and can be used at the design of the experimental facilities of marine field such as a towing carriage, PMM, test frame, measuring frame and rotating arm.

• 한국건축시공학회지
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• 제5권1호
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• pp.97-103
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• 2005

Building costs means capital costs which include cost of land, costs of acquiring and preparing the site, construction costs, professional fees, furnishings, cost of financing the project. and cost of management required to run and maintenance the building for use. There are several phases that determine the building costs : design phase, construction phase, and operation & maintenance phase. So, the cost of work could be set against the examining the full range of complexities that a building program might contain. To solve this problem, it needs to compute building cost systematically. This is still in the development stage, awaiting the organization of rational cost data base. The method of cost saving by cost control could be constituted by detailed knowledge of building costs for all possible combinations of components and subsystems that can be assembled into integration model of cost factor on each phase of project development. The model of cost saving in each building phase is available for procedures of cost control of building systems.

• Steel and Composite Structures
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• 제51권6호
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• pp.647-659
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• 2024

Given the increased interest in enhancing structural sustainability, the current study sought to apply multiobjective optimization to a footbridge with a steel-concrete composite I-girder structure. It was considered as objectives minimizing the cost for building the structure, the environmental impact assessed by CO2 emissions, and the vertical accelerations created by human-induced vibrations, with the goal of ensuring pedestrian comfort. Spans ranging from 15 to 25 meters were investigated. The resistance of the slab's concrete, the thickness of the slab, the dimensions of the welded steel I-profile, and the composite beam interaction degree were all evaluated as design variables. The optimization problem was handled using the Multiobjective Harmony Search (MOHS) metaheuristic algorithm. The optimization results were used to generate a Pareto front for each span, allowing us to assess the correlations between different objectives. By evaluating the values of design variables in relation to different levels of pedestrian comfort, it was identified optimal values that can be employed as a starting point in predimensioning of the type of structure analyzed. Based on the findings analysis, it is possible to highlight the relationship between the structure's cost and CO2 emission objectives, indicating that cost-effective solutions are also environmentally efficient. Pedestrian comfort improvement is especially feasible in smaller spans and from a medium to a maximum level of comfort, but it becomes expensive for larger spans or for increasing comfort from minimum to medium level.

• 산업경영시스템학회지
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• 제36권4호
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• pp.9-17
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• 2013

The purpose of this study is to figure out the impacts of technological innovation and cost management on productivity in small shipping industries to come up with developmental implications. To achieve this, a survey was carried out to 150 workers in small shipbuilding industries through April 2 to April 20, 2012. As for findings stated above, technological innovation and cost management in the Korean small shipbuilding industries were key factors that elevate financial and non-financial productivity. In the light of low technological prowess and cost structure of small shipbuilding industries, their productivity can be improved when intensive cost management with production factor technology as know-how is realized through quality management, which product development technology is the top priority as an independent niche strategy. Consequently, the combination of infrastructures in small shipbuilding industries with continuous efforts for cost reduction by the link to the systematized structure can't only secure their independent competitiveness, but raise their productivity.

• 산업기술연구
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• 제37권1호
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• pp.32-36
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• 2017

In this study, as part of a research on the development of economical high-performance concrete with high strength and high quality, the physical properties of high-performance concrete were analyzed by substituting a certain amount of low-cost domestic silica fume exempted from the re-importation type distribution structure of the domestic production and the existing high-priced silica fume distribution structure. Performing tests to identify the physical properties of the fresh and hardened concrete and durability analogy of the concrete which use low-cost domestic silica fume and imported silica fume, the chloride ion penetration resistance test result showed that the strength difference between the low-cost silica fume and the imported silica fume is not big but the strength of the low-cost silica fume was measured higher than the imported silica fume. The chloride ion penetration resistance of all variables was measured as "very low". Since the low-cost domestic silica fume can be used as a high-performance admixture of concrete, the results suggest that it is possible to produce a more economical high-performance concrete.

• 제어로봇시스템학회논문지
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• 제17권3호
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• pp.218-222
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• 2011

This paper proposes a single-joint optical torque sensor with one body structure. Conventional optical torque sensors consist of three parts, two plates and an elastic structure. They have slightly slipping problem between plates and elastic structure due to the manufacturing tolerance. Since the order of measurement range of optical sensor is about ten micrometers, the slipping problem causes large measurement error, especially in the case of vibrational or high speed plant. This problem does not occur in the proposed design due to the one body structure. The proposed sensor has advantage of low cost, light weight, and small size. And it is easy to design and manufacture. Simulation works that analysis of stress and strain are performed accurately. To demonstrate the performance of proposed sensor, experiments were implemented to compare with a commercial force/torque sensor (ATI Mini45).

• 농업과학연구
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• 제32권2호
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• pp.127-150
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• 2005

Under the WTO system, the farm size expansion or the existing korean agricultural structure should be improved to cope with farm income decrease and to continue rice cultivation for food security in the future. This study is aimed at identifying optimum farm size under trade liberalization and import and export parity price system of inputs and outputs. The optimum farm size expressed the minimum point of long run average cost is determined as 15.1ha. The farm size to be equalized as urban laborer's income of 37,361 thousand won per year was revealed 30ha. Therefore the G't recommended farm size of 6ha should be changed to 30ha and the concerned policies for agricultural structure improvement also should be changed to more flexibilitiy.