• Title/Summary/Keyword: Criteria cost

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Bi-Criteria Process Routing Based on COMSOAL Approach

  • Lee Sung-Youl
    • Management Science and Financial Engineering
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    • v.11 no.2
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    • pp.45-60
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    • 2005
  • This paper investigates the application of the computer method COMSOAL (Computer Method of Sequencing Operations for Assembly Lines) to the process routing (PR) problem with multiple objectives. In any computer aided process planning (CAPP) system, one of the most critical activities for manufacturing a part could be to generate the sequence that optimizes production time, production cost, machine utilization or with multiple these criteria. The COMSOAL has been adopted to find the optimum sequence of operations that optimizes two major conflicting criteria : production cost and production quality. The COMSOAL is here slightly modified to simultaneously generate and evaluate a set of possible solutions (called as population) instead of processing a solution stepwise in each iteration. The significant features of the COMSOAL include : no parameters settings needed, and a guarantee of feasible solutions. Experimental results show that COMSOAL is a simple but powerful method to quickly generate multiple feasible solutions which are as good as the ones obtained from several other well-known process routing algorithms.

Real Estate Price Appraisal using Data Envelopment Analysis - Assurance Region(DEA-AR) Model (DEA-AR 모형을 이용한 부동산 가격 평가)

  • Kim, Jae-Kwan;Kim, Sheung-Kown
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2006.11a
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    • pp.187-190
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    • 2006
  • We proposed a new real estate price appra isal model that can appreciate the efficiencies of each criteria that would affect the price. The proposed Real Estate Price Appraisal Model is developed by the DEA-AR model which enhances the DEA-CCR model. We used the unit-cost per criteria method to set the assurance region of each weights of the DEA-AR model. In order to estimate the unit cost of major criteria effecting the price of real estate, we used the Goal Programming so that the price of real estate reaches the actual price being traded in. We expect that this approach could be helpful to make an objective real estate price appraisal.

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Optimization Method of Building Energy Performance and Construction Cost Using Kuhn-Tucker Conditions (쿤-터커 조건을 이용한 건물의 에너지성능과 비용 최적화방법)

  • Won, Jong-Seo;Koo, Jae-Oh
    • KIEAE Journal
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    • v.3 no.2
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    • pp.51-58
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    • 2003
  • The purpose of this study is to present rational methods of multi-criteria optimization of the shape of energy saving buildings. The object is to determine the optimum dimension of the shape of a building, based on the following criteria: minimum building costs (including the cost of materials and construction) and yearly heating costs. Mathematical model described heat losses and gains in a building during the heating season. It takes into consideration heat losses through wall, roof, floor and windows. Particular attention was paid to have a more detailed description of heat gains due to solar radiation. On the assumption that shape of building is rectangle in order to solve the problem, the proportions of wall length and building height are determined by using non-linear programing methods(Kuhn-Tucker Conditions). The results constitute information for designers on the optimum proportions of wall lengths, height, and the ratios of window to wall areas for energy saving buildings.

A Study on Cost-Benefit Analysis for Value of Preventing a Statistical Fatality (개인생명가치추정을 통한 안전개선 비용효과 분석에 관한 연구)

  • Park Chan-Woo;Kim Sang-Am;Wang Jong-Bae;Hong Seong-Ho;Kwak Sang-Log
    • Proceedings of the KSR Conference
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    • 2004.10a
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    • pp.186-191
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    • 2004
  • Whenever some new measure to promote safety is being considered, one major input into the decision making process is to be some formal assessment of the costs and benefits involved. What levels of safety do many stakeholders believe the railway should deliver? This paper is a contribution to the efforts to answer the question. In this study, under Willing-To-Pay(WTP) based value of preventing a fatality(VPF) approach, we will study how much people are willing to trade off safety against other desirable things, summarize accepted quantitative criteria for safety quantitative criteria for safety decision, describe differences between these criteria and some current risk control actions, and present an outline of work under way to address issues related to cost-benefit analysis(CBA).

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ROADWAY PERFORMANCE EVALUATION USING FUNCTION ANALYSIS METHOD OF VALUE ENGINEERING

  • Jong-Hyun Park;Yong-Jang Lee;In-Su Jung;Chan-Sik Lee
    • International conference on construction engineering and project management
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    • 2009.05a
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    • pp.1528-1533
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    • 2009
  • Infrastructure is provided to the user through long-term project period and large-scale working expenses. Existing facilities are getting old as time goes by. Accordingly, proper maintenance is required and generally more maintenance cost than initial invested cost is needed during life cycle. Therefore, a specific plan that just increases the value of facilities is required by evaluating performance of facilities and inputting minimum maintenance cost. Value engineering that increases the value of object by systemically analyzing Life Cycle Costs and function is actively promoted at the design phase of construction. These efforts can increase the performance of facilities at the maintenance phase of infrastructure. This study is to search how to evaluate the performance of Roadway by utilizing function analysis, as a core part of VE in the maintenance phase. In order to this a new evaluation criteria were proposed by adding an evaluation items to the existing criteria through the research of old documents, status of roadway maintenance and function analysis of VE. The results of this study may promote the effective performance evaluation to determine a resolution of roadway congestion in future. A succeeding study using the proposed evaluation criteria will be required.

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A Study on the Establishment of Price Policy for a Geographical Information Activated Circulation (지리정보유통 활성화를 위한 가격정책수립에 관한 연구)

  • Shin, Dong-Bin;Hong, Sang-Ki;Ahn, Jong-Wook
    • Journal of Korean Society for Geospatial Information Science
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    • v.11 no.4 s.27
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    • pp.29-34
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    • 2003
  • The purpose of this study is to present the price computation criteria with the aspect of price policy for the geographical information circulation. The price policy is to make activated circulation for geographical information. The price policy of this research considered the supplier and the user side at the same time. Important issue of price policy is that initial cost for system development calculate burying cost, and preservation and renewal cost charge to user. Distribution cost of geographical information charge to user according to use media, and apply differential rates of cost according to the purpose of using, up-to-dateness of data. Also, present the price policy that must apply copyright fee to of offer geographical information. Consider various terms that was studied in this study, the price computation criteria was presented. Through this, it is expected that geographical information circulation is activated more.

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Development of Ex-post Cost Benefit criteria and Analysis Plan for an Urban Stream Restoration Project: The Case of Cheonggyecheon Restoration Project (도심 하천복원사업을 위한 사후 비용편익 항목 및 분석방안 제시: 청계천 복원사업을 사례로)

  • Lee, Miyeon;Jung, Insu
    • Journal of Environmental Policy
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    • v.11 no.3
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    • pp.67-96
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    • 2012
  • The Ministry of Environment in Korea has been promoting the urban stream restoration project for paved streams in cities as the restored Cheonggyecheon. As an elementary study for suggesting policy implications for the project, cost and benefit criteria for an ex-post analysis on the Cheonggyecheon project is suggested in this study. The ex-ante analysis were reviewed critically by focusing on the cost and benefit criteria. Ex-post analysis plan in this study is developed considering the standard guideline of pre-feasibility, the theory of cost-benefit analysis, and the review results. The costs for compensating lands, amending conflicts, researching rivers, and maintaining water quantity were also included. For the benefits, this study proposes to estimate the benefits with the assessment on naturalness of stream. The results are expected to contribute to increase the efficiency of the urban stream restoration project and evaluate the project to match better with the meaning of the river restoration.

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An Estimation Process of Effort and Cost in Security Evaluation of Information Technology Security Systems by utilizing Evaluation Work Break-down Structure (EWBS를 통한 정보보호 시스템의 보안성 평가 업무량 및 비용 산정 프로세스)

  • You, Hyung-Joon;Ko, Jeong-Ho;Chang, Soo-Jin;Ahn, Sun-Suk;Lee, Gang-Soo;Jung, Hong-Jin
    • Journal of KIISE:Software and Applications
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    • v.27 no.2
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    • pp.134-147
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    • 2000
  • Even though software industry has been activated, there lack in results of studies on evaluation effort and cost of software systems including Information Technology Security System (ITSS). In this paper, we present a process and a tool for evaluation effort and cost of ITSS, which are conformed to a ITSS evaluation criteria(i. e., Common Criteria or ISO/IEC 15408), by utilizing Evaluation Work Break-down Structure (EWBS) and conventional software development cost estimation methods. Even though we concentrate on ITSS, results of this paper can be applied to estimation of effort and cost of evaluation of software development process and software products.

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The investigation on the selection criteria of cost elements in package tour products (기획여행상품 원가구성요소의 선택기준에 대한 고찰)

  • Oh, hyun-jun;Hurr, hee-young
    • Proceedings of the Korea Contents Association Conference
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    • 2008.05a
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    • pp.763-767
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    • 2008
  • This paper investigates a selected criteria of cost elements in prior researches on value of package tour products, satisfaction of the tourist and cost elements of package tour products. In theoretical point of view, this paper shows the relationship between the value of the package tour products and satisfaction of the tourist. In this paper, the selected criteria of cost elements in package tour products for evaluating the satisfaction of the tourist are also analyzed. This research shows travel agencies' focus on the plan and products and consumers' needs. Also this can be used for development of package tour products which meet the consumers' needs as package tour product suppliers. Meanwhile, other purpose of this research is to help investigate evaluation indicators of package tour products for tourists and travel agencies based on cost elements.

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Market-Based Transmission Expansion Planning Under Uncertainty in Bids by Fuzzy Assessment

  • Kamyab, Gholam-Reza;Fotuhi-Firuzabad, Mahmood;Rashidinejad, Masoud
    • Journal of Electrical Engineering and Technology
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    • v.7 no.4
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    • pp.468-479
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    • 2012
  • In this paper, by a simple example it is shown that existing market-based criteria alone cannot completely and correctly evaluate the transmission network expansion from market view. However criteria congestion cost (CC) and social welfare (SW) together are able to correctly evaluate transmission network from market view and so they are adopted for the market-based transmission expansion planning. To simply indicate the limits of CC and SW social welfare percentage (SWP) and congestion cost percentage (CCP) are defined. To consider uncertainty in bids of market producers and consumers, and also indeterminacy in the acceptable boundaries of the SWP and CCP and their priorities, fuzzy assessment approach is used. In this approach, appropriate fuzzy sets and a fuzzy rule base are provided to evaluate the acceptability of an expansion plan. Then, the least-investment cost plan, which is acceptable in all probable scenarios, is searched. The proposed method is applied to an 8-bus system.