• 대한설비공학회:학술대회논문집
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• 대한설비공학회 2009년도 하계학술발표대회 논문집
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• pp.1497-1502
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• 2009

The present study has been conducted economic analysis of heat storage type ground source heat pump system(HSGSHP) and normal ground source heat pump (GSHP) and central boiler system with individual air conditioning facility which are installed at the same building in the shared an apartment house. Cost items, such as initial construction cost, annual energy cost and maintenance cost of each system are considered to analyze life cycle cost (LCC) and simple payback period (SPP) with initial cost different are compared. The initial cost is a rule to the Government basic unit cost of production. LCC applied present value method is used to assess economical profit of both of them. Variables used to LCC analysis are prices escalation rate and interest rate mean values of during latest 10 years. The LCC result shows that HSGSHP (1,351,000,000won) is more profitable than central boiler system with individual air conditioning facility by 86.7% initial cost. And SPP appeared 8.0 year overcome the different initial cost by different annual energy cost.

• 대한설비공학회:학술대회논문집
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• 대한설비공학회 2008년도 동계학술발표대회 논문집
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• pp.27-32
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• 2008

The present study has been conducted economic analysis of heat storage type ground source heat pump system(HSGSHP) and normal ground source heat pump (GSHP) which are installed at the same building in the shared an apartment house. Cost items, such as initial cost, annual energy cost and maintenance cost of each system are considered to analyze life cycle cost (LCC) and simple payback period (SPP) with initial cost different are compared. The initial cost is a rule to the Government basic unit cost of production. LCC applied present value method is used to assess economical profit of both of them. Variables used to LCC analysis are prices escalation rate and interest rate mean values of during latest 10 years. The LCC result shows that HSGSHP (1,050,910,000won) is more profitable than GSHP by 68.9% initial cost. And SPP appeared 3.0 year overcome the different initial cost by different annual energy cost.

• 한국지반환경공학회 논문집
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• 제8권3호
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• pp.11-18
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• 2007

본 연구에서는 파급효과가 큰 공동주택에서 지열 냉난방 시스템의 경제성을 아파트 분양평형, 운전시간, 냉난방 및 급탕 설치형태별로 구분하여 초기 공사비 증가, 운전비 절감액, 초기 투자비 회수기간등을 산정하였다. 냉난방 및 급탕 운전시간이 많을수록 초기 공사비 증가액에 비해 운전비용 절감액이 커 초기 투자비 회수기간이 단축되었다. 전용면적이 클수록 투자회수 기간이 길었으며 냉난방 및 급탕 설치형태에서는 냉난방을 지열원, 급탕을 폐열회수한 경우가 초기 투자 회수기간이 가장 짧았다. 기존 시스템(패키지 에어콘, LNG 난방 및 급탕)에 비해 냉난방, 급탕을 모두 지열로 이용하는 경우, 냉난방은 지열, 급탕은 폐열을 이용하는 경우, 냉난방은 지열, 급탕은 LNG인 경우에 공사비가 $m^2$당 각각 약 72,000원, 66,900원, 62,300원 정도 증가하였다.

• 한국구조물진단유지관리공학회 논문집
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• 제6권4호
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• pp.189-199
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• 2002

This study is intended to propose a systematic procedure for the development of the conditional assessment based on the safety of structures and the cost effective performance criteria for designing and upgrading of bridge structures. As a result, a set of cost function models for a life cycle cost analysis of bridge structures is proposed and thus the expected total life cycle costs (ETLCC) including initial (design, testing and construction) costs and direct/indirect damage costs considering repair and replacement costs, human losses and property damage costs, road user costs, and indirect regional economic losses costs. Also, the optimum safety indices are presented based on the expected total cost minimization function using only three parameters of the failure cost to the initial cost (${\tau}$), the extent of increased initial cost by improvement of safety (${\nu}$) and the order of an initial cost function (n). Through the enough numerical invetigations, we can positively conclude that the proposed optimum design procedure for bridge structures based on the ETLCC will lead to more rational, economical and safer design.

• 국제학술발표논문집
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• The 5th International Conference on Construction Engineering and Project Management
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• pp.488-493
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• 2013

Accurate initial cost estimates are essential to effective management of construction projects where many decisions are made in the course of project management by referencing the estimates. In practice, the initial estimates are frequently derived from historical actual cost data, for which standard distribution-based techniques are widely applied in the construction industry to account for risk associated with the estimates. This approach assumes the same probability distribution of estimate errors for any selected estimates. This assumption, however, is not always satisfied. In order to account for the probabilistic nature of estimate errors, an alternative method for measuring the risk associated with a selected initial estimate is developed by applying the Bayesian probability approach. An application example include demonstrates how the method is implemented. A hypothesis test is conducted to reveal the robustness of the Bayesian probability model. The method is envisioned to effectively complement cost estimating methods that are currently in use by providing benefits as follows: (1) it effectively accounts for the probabilistic nature of errors in estimates; (2) it is easy to implement by using historical estimates and actual costs that are readily available in most construction companies; and (3) it minimizes subjective judgment by using quantitative data only.

• Journal of Biosystems Engineering
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• 제7권1호
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• pp.42-52
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• 1982

This study was intended to develop a cost function for the natural air in-bin drying: system which could lead to an optimization of the drying system cost. Based on the cost function developed, a series of simulated drying tests were conducted with 10-year weather data (1970~1979) for 7 different regions by applying an appropriate levels of system factors. System performance factors treated in this study were initial moisture content, airflow rate, bin diameter and grain depth. An optimization procedure to find the least cost system was developed as follows: First, the worst year of the past decade was determined in consideration of the dryiang time and maximum dry matter loss. Second, the minimum airflow rate for a fixed bin diameter and grain depth was determined. Third, the optimum grain depth was found for the minimum airflow rate with different initial moisture contents and bin diameters. The results obtained in this study are summarized as follows: 1. The optimization procedure developed in this study was able to reduce the time and efforts significantly. 2. Optimum values of drying parameters including airflow rate, grain depth, and fan size were determined for different initial moisture contents and bin diameters in each region. The results are shown in Tables 3 to 9. 3. Optimum grain depths decreased as the initial moisture content and airflow rate increased. 4. Drying time for the least cost system should be reduced with higher initial moisture content and lower drying potential to prevent grain spoilage. 5. The fixed cost was 65 to 75 percent of the total system cost and the variable cost was 25 to 35 percent. To reduce the fixed cost it is desirable to use a drying bin 2 or 3 times a year.

• Composites Research
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• 제19권5호
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• pp.34-39
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• 2006

The mechanical properties and durabilities of fiber advanced composites make them ideal for widespread applications in construction worldwide. However, one of the problems of fiber reinforced advanced composites has expensive initial costs. So the efforts for lowering the initial cost have to be needed. There has been hardly assessment results of life cycle cost for fiber reinforced advanced composites in construction field, but some papers showed that total life cycle cost could be profitable, if the initial cost could be reduced. The purpose of this paper is to report assessment results of LCC(Life Cycle Cost) for application of FRP(Fiber Reinforced Plastic) in construction field.

• 한국태양에너지학회:학술대회논문집
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• 한국태양에너지학회 2011년도 추계학술발표대회 논문집
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• pp.111-114
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• 2011

Building components such as walls and windows causes the loss of many energy. The current of windows are using by the law standards that have been every reinforce the year from 2008. As the more reinforcement of legal standards, benefits of energy is possible to raising, But it is must to considered LCC and connectivity. In this study, the alteration for Law Standards is examining influence for initial cost. Accordingly, We are searches by using to windows products in domestic office building which choosing to window types in Law Standards, we are analyzed for initial cost of building out of the apartment.

• 한국전산구조공학회:학술대회논문집
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• 한국전산구조공학회 1993년도 가을 학술발표회논문집
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• pp.216-223
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• 1993

The safety factors of current standard code are considered to be not appropriate compared to design and construction practices, even this safety factors are not determined from probabilistic study but merely from experiences and practices. This study pripose the optimum safety indices based on expected total cost minimization using only three parameters, which are the level of the failure cost to the initial cost by improvement in safety, and the order of the initial cost function.

• 설비공학논문집
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• 제20권5호
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• pp.321-326
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• 2008

This paper presents and analyzes the effects of on-grid electricity cost, fuel price and initial capital cost of a CHP system, on the optimum DG and AC capacity and NPV, by using the ORNL CHP Capacity Optimizer, which was applied to a library in a university. By considering the current domestic energy cost and initial capital cost, it is shown that the installation and operation of the CHP system is not economical. However, with the current domestic CHP installation cost and fuel price, the NPV achieved by the installation of CHP system is greater when the on-grid electricity price is a factor of ${\times}1.5$ the present value. Regarding the initial capital cost of the CHP system, the reduction of the DG cost is much more economical than that of the AC cost, with respect to NPV. Electricity cost and fuel price have opposite effects on NPV, and NPV is more sensitive to an increase of the electricity cost than an increase of the fuel price.