• Title/Summary/Keyword: Economic Cycle

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Performance Characteristics and Economic Assessment of a River Water: Source Heat Pump System (하천수 열원 열펌프 시스템의 성능 특성 및 경제성 평가)

  • Park, Cha-Sik;Jung, Tae-Hun;Park, Hong-Hee;Kim, Yong-Chan
    • Korean Journal of Air-Conditioning and Refrigeration Engineering
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    • v.21 no.11
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    • pp.621-628
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    • 2009
  • The objectives of this study are to analyze the performance of a river water-source heat pump and to carry out economic assessment for the heat pump. The COP of the river water-source heat pump was 3-21% higher than that of the air-source heat pump because river water provides stable operating temperature compared with air temperature throughout the year. The economic analysis was carried out by comparing the initial and operating cost of the river water-source heat pump with those of the conventional air-source heat pump. The ratio of the life cycle operating cost to the life cycle cost increased with the increase of building capacity. The payback period was found to be less than 3.5 years when the capacity of the river water-source heat pump was larger than 10 RT.

Economic Probation on the Benefit of Daylighting by a Light-Guide System (생애주기비용분석 기법을 이용한 채광기능성 창호시스템의 경제성 평가에 관한 연구)

  • Kim, Gon;Kim, Jeong-Tai
    • KIEAE Journal
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    • v.6 no.3
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    • pp.11-18
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    • 2006
  • Attention on daylighting should be focused not so much on a simple maximization of the natural light available in a space, as on improving the quality of lighting by ensuring as even but intense distribution of illumination in inner areas. An architectural means of optimal daylight distribution is by using so-called light shelf systems, horizontal shading and redirecting devices. The overall performance of the daylighting system can be improved by the incorporation with electric lighting control devices. This paper aims to exemplify the benefit of daylighting in term of economic consideration. In such a case a reasonable technique to compare system costs is by life-cycle costing. Stated simply, a life-cycle cost represents the total cost of a system over its entire life cycle, that is, the sum of first cost and all future costs. Four different electric lighting system designs are proposed and a lighting control system that is continuously operating according to the level of daylight in the space has been adapted. The result shows clearly that although denser layout of lighting fixtures might be more effective to interface to the level of daylight ceaselessly changeable, its economic benefit may not meet the expected criterion the reason of increased initial investment and maintenance cost for the fixtures and control devices.

A Study of Comparative Economic Evaluation for the System of Ground Source Heat Pump and District Heating and Cooling:Focusing on the Analysis of Operation Case (지열히트펌프와 지역냉난방 시스템의 운영사례를 중심으로 경제성 비교분석 연구)

  • Lee, Key Chang;Hong, Jun Hee;Kong, Hyoung Jin
    • Korean Journal of Air-Conditioning and Refrigeration Engineering
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    • v.28 no.3
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    • pp.103-109
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    • 2016
  • The purpose of this study is to perform comparative economic evaluation for the systems of ground source heat pump (GSHP) and district heating and cooling (DHC) by focusing on the analysis of operation case of GSHP. The adapted research object is a public office building located in Seoul. The capacity of ground source pump is about 3,900 kW. Ground heat exchanger is closed loop type. The analysis period for life cycle cost is 30 years. Economic evaluation is assessed from the viewpoints of the following four parts: initial cost, energy cost, maintenance and replacement cost, and environment cost. The total life cycle cost of GSHP is approximately 8,447 million won. The cost of the DHC System is approximately 3,793 million won. The cost of the DHC is approximately 46% lower than GSHP system under the condition of current rate for GSHP and DHC.

Life Cycle Cost Analysis of Primary Cooling System by Systematic Support Cost (각종지원금제도에 의한 냉열원시스템의 라이프 사이클 코스트 분석)

  • Kim, C.M.;Jung, S.S.;Choi, C.H.
    • Journal of the Korean Solar Energy Society
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    • v.22 no.4
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    • pp.97-106
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    • 2002
  • The purpose of this study is to analyze the life cycle cost of primary cooling system by systematic support cost. Life Cycle Cost(LCC) is the process of making an economic assessment of an item, area, system, or facility by considering all significant costs of ownership over an economic life, expressed in terms of equivalent costs. The essence of life cycle costing is the analysis of equivalent costs of various alternative proposals. In order to select economical primary cooling system in early heat source plan stages, the research investigates cost items and cost characteristics during project process phases such as planning/design, construction, maintenance /management, and demolition/sell phases. The study also analyze the life cycle cost by capacity leading to suggest the most economical primary cooling system by systematic support cost.

A Study on the Economic Life Cycle Decision Method of Aircraft Direct Support Equipment (항공기 지원 장비 경제수명 결정에 관한 연구)

  • Kim, Si Yeon;Choi, Bong-Wan;Oh, Hyun-Seung
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.37 no.4
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    • pp.193-201
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    • 2014
  • This study attempts to utilize the economic efficiency analysis results focused on the break-even point as an indicator for the decision making of commanders and staff. We suggested a method of determining economic life by utilizing logistics information system and commercial program Minitab with a focus on the equipment's operational environment and performance data, whereas previously the equipment's retirement period was simply determined by the current equipment prices and sustainable period.

CORE DESIGN FOR HETEROGENEOUS THORIUM FUEL ASSEMBLIES FOR PWR(1)-NUCLEAR DESIGN AND FUEL CYCLE ECONOMY

  • BAE KANG-MOK;KIM MYUNG-HYUN
    • Nuclear Engineering and Technology
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    • v.37 no.1
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    • pp.91-100
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    • 2005
  • Kyung-hee Thorium Fuel (KTF), a heterogeneous thorium-based seed and blanket design concept for pressurized light water reactors, is being studied as an alternative to enhance proliferation resistance and fuel cycle economics of PWRs. The proliferation resistance characteristics of the KTF assembly design were evaluated through parametric studies using neutronic performance indices such as Bare Critical Mass (BCM), Spontaneous Neutron Source rate (SNS), Thermal Generation rate (TG), and Radio-Toxicity. Also, Fissile Economic Index (FEI), a new index for gauging fuel cycle economy, was suggested and applied to optimize the KTF design. A core loaded with optimized KTF assemblies with a seed-to-blanket ratio of 1: 1 was tested at the Korea Next Generation Reactor (KNGR), ARP-1400. Core design characteristics for cycle length, power distribution, and power peaking were evaluated by HELIOS and MASTER code systems for nine reload cycles. The core calculation results show that the KTF assembly design has nearly the same neutronic performance as those of a conventional $UO_2$ fuel assembly. However, the power peaking factor is relatively higher than that of conventional PWRs as the maximum Fq is 2.69 at the M$9^{th}$ equilibrium cycle while the design limit is 2.58. In order to assess the economic potential of a heterogeneous thorium fuel core, the front-end fuel cycle costs as well as the spent fuel disposal costs were compared with those of a reference PWR fueled with $UO_2$. In the case of comprising back-end fuel cycle cost, the fuel cycle cost of APR-1400 with a KTF assembly is 4.99 mills/KWe-yr, which is lower than that (5.23 mills/KWe-yr) of a conventional PWR. Proliferation resistance potential, BCM, SNS, and TG of a heterogeneous thorium-fueled core are much higher than those of the $UO_2$ core. The once-through fuel cycle application of heterogeneous thorium fuel assemblies demonstrated good competitiveness relative to $UO_2$ in terms of economics.

A Study on the Effects of ICT Infrastructure Cost on Information System Life Cycle (정보시스템 수명주기에 인프라가 미치는 영향관계에 대한 연구)

  • Moon, Heoungkeun;Kim, Jeongho;Lee, Seogjun;Park, Sungsik
    • Journal of Information Technology and Architecture
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    • v.10 no.3
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    • pp.323-334
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    • 2013
  • There are many studies on the project planning, project management and quality management. The cost of the new project takes only 20% of system's lifetime resource and the costs of the maintenance and infrastructure take more than 80%, so the study on the maintenance is much more important than the study on the new project. There has been many studies on the economic life cycle of the system using it's maintenance cost, but no studies on it's infrastructure cost. This paper provides how we can adapt infrastructure cost, which takes more than 40% of system's life cycle cost, to the economic life cycle of the system and its effects on the system's economic life cycle.

Fuel Cycle Strategy of Go-ri Nuclear Power Plant - A Statistical Analysis -

  • Chung, Chang-Hyun;Kim, Chang-Hyo
    • Nuclear Engineering and Technology
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    • v.9 no.3
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    • pp.139-149
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    • 1977
  • An attempt is made to establish an optimum fuel cycle strategy for the Go-ri nuclear power plant units 1 and 2. The total capital required for the fuel cycle operation is selected as a figure of merit for economic comparison of several alternative fuel cycle schemes available for the plant, and evaluated using a probabilistic method coupled with a sampling procedure of the fluctuating fuel cost data. The results are presented in the form of probability histograms. On the basis of the most likely values of the capital requirement obtained from the histograms, a conclusion is drawn that reprocessing cycle with either uranium only or both uranium and plutonium recycled is the most economic choice for the Go-ri plant.

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Influencing factors of dental caries across the life cycle of Koreans (생애주기에 따른 치아우식증 영향 요인)

  • Choi, Hye-Sook
    • Journal of Korean society of Dental Hygiene
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    • v.17 no.5
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    • pp.889-898
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    • 2017
  • Objectives: This study was conducted in order to identify the various influencing factors of dental caries according to the socio-economic characteristics and oral health behaviors across the life cycle among Koreans. Methods: The data were extracted from the 6th Korea National Health and Nutrition Examination Survey (2013-2015) and a total of 4,871 subjects with ages of 7 and over were selected. The data were analyzed using SPSS 21.0 for ${\chi}^2$-test and multi-logistic regression. Results: Significant differences were observed in the socio-economic characteristics, health behaviors and in the dental caries across the life cycle. The influencing factors of DT includes the type of health insurance (p<0.05) in school aged & adolescence, Oral health examination/year (p<0.01), Residence (p<0.05) in early adults, type of health insurance (p<0.001), Oral health examination/year (p<0.001), use of oral hygiene products (p<0.01) in late Adults, Oral health examination/year (p<0.05) and Gender (p<0.05) in old age. Conclusions: This study suggests that dental health promotion can be enhanced by regular checkup. The government must provide the people with better quality of oral health care and promotion across the life cycle in the near future.

An Analysis of Farm household Economy by Family Life Cycle (가정생활주기에 따른 농가경제 분석)

  • 최현자;최은숙
    • Journal of Families and Better Life
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    • v.4 no.2
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    • pp.35-51
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    • 1986
  • The purpose of this study is to establish family life cycle of farm and to analyze changes of economic conditions-income, consumption expenditures, savings, assets, and debts-in farm household according to the family life cycle. Income, consumption expenditures, savings, assets, and debts functions are also estimated by age of household head. The data of Farm Household Economy Survey which was conducted in 1983 by Ministry of Agriculture and Fisheries is used in this study. Among total data of 2000, 1603 are analyzed for mean, percentage, and regression using CRISP Program at Office of Rural Development. The results of study can be summarized as follows; 1) Eight stages of family life cycle of farm are established according to the growth of the first child. They are: Establishment stage, Child bearing and preschool stage, Elementary school stage, Middle and high school stage, College and vocational adjustment stage, Period of children's marriage, Re-adjustment stage, and isorganizing stage. 2) The economic conditions of farm household are significantly fluctuated by family life cycle. Among the eight stages, stage Ⅱ is considered relatively comfortable living period and stage Ⅲ, Ⅳ are the most difficult periods of farm household economy. 3) The estimated functions of income, consumption expenditures, savings, assets, and debts by age of household head are as follows; Y(income) = 2, 354, 832+98,456T-1,036T2(F=11.746) C(consumption expenditures) = 81,876+154,976T-1,552T2 (F=37.272) S(savings) = 2,272,956+56,511T+516T2(F=4.262) D(debts) = 903,929+28,300T-438T2(F=3.339) A(assets) = 200,816+1,213,336T-12,930T2(F=21.069) To carry on a reasonable farm household management, a suitable measure to cope with the desire of family and the economic conditions of farm household should be prepared.

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