• 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.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• autumn
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• pp.35-41
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• 2002

This research introduces the development of a project-level cash flow forecasting model in construction stage based on the planned earned value and the cost from a general contractors view on a jobsite. Most previous models have been developed to assist contractors in their pre-tendering or planning stage cash flow forecasts. The critical key to cash flow forecasting at the project level is how to build a cash-out model. The basic concept is to use moving weights of cost categories in a budget over project duration. The cost categories are classified to compile resources with almost the same time lags that are based on contracting payment conditions and credit times given by suppliers or venders. For cash-in, net planned monthly-earned values are simply transferred to the cash-in forecast, to be applied there with billing time and retention money. Validation of the model involves applying data from on-going 4 projects in progress for 12 months. Based on the results of the comparative analyses through the simulation of the proposed model and the existing models, the proposed model is more accurate, flexible and simpler than traditional models to the employee of construction jobsite who is not oriented financial knowledge.

• Korean Journal of Construction Engineering and Management
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• v.13 no.1
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• pp.44-52
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• 2012

In the cost management of public construction projects, it is an important issue to develop an adequate cost data for estimating the predetermined amount by various methods. For a long time, a standard of estimation in korea is used as a basis for estimating the predetermined amount of public construction. However, they did not have a reasonable cost data based on a labor and equipment productivity analysis. For this reason, it is difficult to make a reasonable and efficient estimation of the costs, and this situation presents an urgent need for more accurate cost data to use in an early phase. This study analyzed the productivity of form work by the CYCLONE model, and presented the model on the number of optimal labor through sensitivity analysis. This CYCLONE model can be useful in analyzing productivity on the various sizes of form. Also, the regression model to estimate the daily output can be used in predicting the amount of labor. Considering the work duration in the regression model is expected to make the daily output estimation much more accurate.

• Korean Journal of Construction Engineering and Management
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• v.10 no.2
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• pp.111-120
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• 2009

The conceptual cost estimation used the construction project needs for confirm budget not only at the planning phase but also at the preliminary design phase of the construction project. Present, the conceptual cost estimation model have problems the rate of error is very large because the linear simple model calculate by use the cost of the unit meter or the unit square. This study development the model used grouping and the key quantity method, the mixed unit cost for solve problem of the very large rate of error. The result of this study reduced difference of between the real design construction cost therefor it expect that contribute to the client or the service company estimate budget of RC rahmen bridge.

• Journal of Biosystems Engineering
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• v.22 no.4
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• pp.439-450
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• 1997

Most of Korean feed mill has a pregrind system which was suitable for the processing of less number of ingredients and finished products, and good for the mash type feed product. But industries has been changed in production volume and cost, and also from mash to further processed products such as pelleted and extruded. Therefore, Korea feed industries now should change the process, especially the grinding system from the current pregrind to other grind system, but this change will cost a lot of investment and also loosing current grinding system, and should have production shut down during the construction period. To solve these problems, combined grinding system based on a new model mill has been developed. The combined grind system is combination of pregrind and postgrind system, which has the advantages of those two grind systems, and also which can allow to utilize existing pregrind system continuously without any production interruption due to new postgrind system construction. This newly developed model has been applied to the feed mill expansion project of `B`feed company in 1994, and it was very successful application and showed excellent results as we intended. The new model mill, combined grind system applied can save fixed asset investment because old pregrind system can be used as is, and also can reduce production cost and improve product quality. And the possibility of critical production shut down can be much lowered. Within this new grinding model development, multi-screen combination system has been developed for the better grinding texture quality and safer operation. This new model mill with combined grind system will be applied by most feed manufacturing plant and may enhance their production competitiveness, and the further study and development should be continued.

• KSCE Journal of Civil and Environmental Engineering Research
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• v.31 no.2D
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• pp.303-314
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• 2011

This paper proposes a differential pricing model for industrial land based on locational characteristics, using Support Vector Regression (SVR) as a land pricing methodology. The initial selling price of industrial land is set based on the total cost of site development that comprises the land acquisition cost and tax, land development expense, infrastructure installation cost, labor cost, migration expense, selling and administrative expense, capital cost, and so on. However, the current industrial land pricing method unreasonably applies the same price per square meter to all parcels within an industrial complex without considering differences in price depending on the location of each parcel. Therefore, this paper proposes an empirical land pricing model to solve this irrationality and verifies its validity and applicability.

• The Journal of the Korea Contents Association
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• v.12 no.4
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• pp.468-475
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• 2012

Construction cost of tunnel is decided on construction area, site conditions, and construction methods. However, there is few research on developing models to estimate early construction costs. Therefore, this paper presents a model for early estimation tool for NATM tunnel using system thinking. The effect factors for tunnel construction cost were defined and the causal map is developed. Then empirical case analysis were performed to identify the cost difference due to tunnel length, excavation volume, and rock quality. The proposed model would be an alternative to estimate early construction cost of NATM tunnel.

• Korean Journal of Construction Engineering and Management
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• v.6 no.6 s.28
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• pp.98-106
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• 2005

The construction cost index and the forecasting model of apartment house can be efficient for evaluating the validness of the fluctuating price, and for making guidelines for construction firms when calculating their profit. In this study the previous construction cost index of apartment house was improved, and the forecasting model based on X-12 ARIMA was developed. According to the result, during the last five years the construction cost, excluding labor expense, has risen approximately to 22.7%. And during next three years, additional 16.8% rise of construction cost is expected. Those quantitative results can be utilized for evaluating the apartment house's selling price in an indirection, and be helpful to understand the variation pattern of the price.

• Journal of Korean Society of Water and Wastewater
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• v.30 no.3
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• pp.299-312
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• 2016

The main objective of this paper is to develop computer simulation program for performance evaluation and cost estimation of a reverse osmosis (RO) and pressure-retarded osmosis (PRO) hybrid process to propose guidelines for its economic competitiveness use in the field. A solution-diffusion model modified with film theory and a simple cost model was applied to the simulation program. Using the simulation program, the effects of various factors, including the Operating conditions, membrane properties, and cost parameters on the RO and RO-PRO hybrid process performance and cost were examined. The simulation results showed that the RO-PRO hybrid process can be economically competitive with the RO process when electricity cost is more than 0.2 $/kWh, the PRO membrane cost is same as RO membrane cost, the power density is more than $8W/m^2$ and PRO recovery is same as 1/(1-RO recovery).

• Journal of Information Technology Services
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• v.14 no.3
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• pp.67-84
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• 2015

Software is more diverse and complex and the level of importance for the maintenance of application software to securely operate software is also gradually increasing in proportion. The calculation method for maintenance cost of application software applied in Korea public enterprises is involved in the range of 10 to 15% of development cost, depending on the Software Project Cost Estimation Guide. Moreover, as most software maintenance cost estimation procedures do not take into consideration of the risk factors related of maintenance, it can be seen as a main cause for the occurrence of maintenance related accidents. This study proposes a maintenance cost estimate model that takes into consideration of the risks related to the software maintenance activities to improve and resolve issues arising from the estimation of maintenance cost. In doing so, maintenance risk factors are analyzed and a risk index is derived through the analysis of risk levels based on the risk factors. Based on such analysis, a maintenance cost estimate method which reflects the maintenance risk index was established.