• Title/Summary/Keyword: Economic Life Cycle

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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.

Evaluation Standard of Cost-Effectiveness Analysis for Renew of Architectural Equipment in Public Building (공공건물 건축설비 갱신 계획시 비용-효율분석 평가기준에 관한 연구)

  • Jung, Soon-Sung
    • Journal of Power System Engineering
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    • v.17 no.4
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    • pp.131-138
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    • 2013
  • The purpose of this study is to suggest the evaluation standard of cost-effectiveness analysis for renew of architectural equipment in public building. Evaluation items of cost-effectiveness analysis for renew of architectural equipment in public building were used life cycle cost, energy consumption(ton of oil equivalent), green house gas emissions(ton of carbon dioxide) and maximum power demand. Life cycle cost 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. The social concern with green house gas and maximum power demand of architectural equipment field has been growing for the last several years.

Life-Cycle Cost Analysis of Solution Transportation Absorption System (LCC 분석에 의한 상온 에너지수송용 흡수식 냉동기(STA)의 경제성 평가)

  • 오민규;이봉진;홍희기;강용태
    • Korean Journal of Air-Conditioning and Refrigeration Engineering
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    • v.16 no.6
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    • pp.506-513
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    • 2004
  • The objective of this paper is to evaluate the economic performance of latent and sensible energy transportation systems. LCC (Life-Cycle Cost) analysis is a practical method and a guideline for evaluating the economic performance of considered systems during the Life-Cycle Period. By comparing the LCC of alternatives, The most ideal alternative is determined which has the lowest LCC. It is concluded that the cost of STA (Solution Transportation Absorption system) can be reduced by 67% to that of sensible energy transportation for study period with 10 km transportation distance.

Evaluation and Selection of Building Materials based on Life Cycle Cost Prediction (생애주기비용 예측 기반 건물재료 경제성 평가 및 선정)

  • Ahn, Junghwan;Lim, Jinkang;Oh, Minho;Lee, Jaewook
    • Journal of KIBIM
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    • v.5 no.2
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    • pp.34-45
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    • 2015
  • As buildings become larger and more complicated, construction costs have increased with a considerable effect on buildings' Life Cycle Cost (LCC). However, there has been little consideration on economic aspects in the selection of construction materials due to limited information on the materials and dependency in architects' experience and inefficiency in cost estimation, causing design changes, increase in maintenance cost, difficulty in budgeting, and decrease in building performance. To solve these problems, this study proposed a BIM-based material selection model which reflects the comprehensive economic efficiency of building materials. Our cost prediction model can estimates the material-related cost during the entire building life cycle. Furthermore, we implemented the proposed model in connection with BIM, which can analyze and compare LCC by material. Through the validation of the model, we could confirm the necessity of LCC-based material selection in comparison with the conventional cost-centered material selection.

A Study on Selection of Roof Waterproofing Method by analyzing Life Cycle Costing (LCC 평가를 통한 지붕방수공법선정에 관한 연구)

  • Choi, Oh-Young;Kim, Tae-Hui;Kim, Gwang-Hee
    • Journal of the Korea Institute of Building Construction
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    • v.8 no.5
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    • pp.127-134
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    • 2008
  • The purpose of this study is to propose the decision making technique in roof waterproofing method at the early construction stage. Selecting the suitable construction method is difficult because of the complex interrelationships between many factors of influencing the construction method selection. This study presents an example of selecting suitable method by analyzing LCC (Life Cycle Cost) in roof waterproofing work. In this study, roof waterproofing method is analyzed by LCC(Life Cycle Cost) which is consists of the initial costs, running costs, and removal costs. Sheet waterproofing, membrane waterproofing and asphalt waterproofing costs are compared to select the most economic method. The result of this study revealed that considering LCC is useful in selecting the proper method in the construction work.

Implementing an Application Tool of Life Cycle Cost Analysis (LCCA) for Highway Maintenance and Rehabilitation in California, USA

  • Kim, Changmo;Lee, Eul-Bum
    • International conference on construction engineering and project management
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    • 2015.10a
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    • pp.376-380
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    • 2015
  • Life-Cycle Cost Analysis (LCCA) for highway projects is known as an effective analytical technique that uses economic principles to evaluate long-term alternative investment options, especially for comparing the values of alternative pavement design structures and construction strategies. In the Unites States, the 2012 Moving Ahead for Progress in the 21st Century Act (MAP-21) amended the United States Code to mandate that the United States Government Accountability Office (GOA) conducts a study of the best practices for calculating life-cycle costs and benefits for the federally funded highway projects in 2013. The RealCost 2.5CA program was developed and adapted as an official LCCA tool to comply with regulatory requirements for California state highway projects in 2013. Utilization of this California-customized LCCA software helps Caltrans to achieve substantial economic benefits (agency cost and road user cost savings) for highway projects. Proper implementation of LCCA for roadway construction and rehabilitation would deliver noticeable savings of agency's roadway maintenance cost especially in developing counties where financial difficulties exist.

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Economic Analysis Considering Traffic Characteristics for the Glass Fiber Sheet Reinforced Asphalt Pavement (교통 특성에 따른 유리섬유 시트 보강 아스팔트포장의 경제성 분석)

  • Cho, Sam-Deok;Lee, Dae-Young;Han, Sang-Ky;Kim, Nam-Ho
    • Journal of the Korean Geosynthetics Society
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    • v.1 no.1
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    • pp.53-61
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    • 2002
  • Even though a lot of laboratory and field tests for asphalt pavements using geosynthetics have been conducted recently, any rational and systematic analysis for the economic efficiency of the asphalt pavement systems reinforced by using geosynthetics has not been proposed yet. In this study, the economic analysis considering the traffic characteristics for the glass fiber sheet reinforced asphalt pavement was performed using the Life Cycle Cost Analysis(LCCA) which is commonly used for the economic analysis technique. The economic efficiency for the glass fiber sheet reinforcement and the traffic characteristics was examined by applying the test results from the literature review to the economic analysis model.

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A Study on the Determination of Replacement Time for Military Vehicle Using Availability Analysis ­ Focused on 2 \frac{1}{2} Ton Cargo­ (군용 기동장비의 가용도 분석을 통한 교체시기 결정에 관한 연구 ­2 \frac{1}{2} 톤 차량을 중심으로­)

  • 하형호;강성진
    • Journal of the military operations research society of Korea
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    • v.29 no.2
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    • pp.81-99
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    • 2003
  • This paper propose a method determining life cycle for military vehicle using availability analysis. Many studies determining life cycle for military equipments have been done recently However, those studies focused on economic life such as average system cost method, equivalent annual cost method and cumulative operations cost method. In many case, those results are not appropriate in deciding replacement in the field situation, we consider an effective life cycle method using availability concept. In order to determine an equipment life cycle. Two kinds of availability is considered. One is equipment yearly availability, the other is operational availability with operating distance per year. The life cycle is determined by achieving unit target availability level. The result using this concept for K­511 military vehicle life cycle is about 19 years, which is longer than previous studies.

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.

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.