• Title/Summary/Keyword: Initial Cost

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A risk-based framework for design of concrete structures against earthquake

  • Hassani, Mohammadhassan;Behnam, Behrouz;Maknoon, Reza
    • Computers and Concrete
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    • v.25 no.2
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    • pp.167-179
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    • 2020
  • Optimal design of structures against earthquake loads is often limited to reduce initial construction costs, while the cost induced to structures during their useful life may be several times greater than the initial costs. Therefore, it is necessary to consider the indirect costs due to earthquakes in the design process. In this research, an integrated methodology for calculating life cycle cost (LCC) of moment-resisting concrete frames is presented. Increasing seismic safety of structures and reducing human casualties can play an important role in determining the optimal design. Costs incurred for structures are added to the costs of construction, including the costs of reconstruction, financial losses due to the time spent on reconstruction, interruption in building functionality, the value of people's life or disability, and content loss are a major part of the future costs. In this research, fifty years of useful life of structures from the beginning of the construction is considered as the life cycle. These costs should be considered as factors of calculating indirect costs of a structure. The results of this work represent the life cycle cost of a 4 story, 7 story, and 10 story moment-resisting concrete frame by details. This methodology is developed based on the economic conditions of Iran in 2016 and for the case of Tehran city.

Economical selection of optimum pressurized hollow fiber membrane modules in water purification system using RbLCC

  • Lee, Chul-sung;Nam, Young-wook;Kim, Doo-il
    • Membrane and Water Treatment
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    • v.8 no.2
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    • pp.137-147
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    • 2017
  • A water treatment utility in South Korea operates a large system of pressurized hollow fiber membrane (PHFM) modules. The optimal selection of membrane module for the full scale plant was critical issue and carried out using Risk-based Life Cycle Cost (RbLCC) analysis based on the historical data of operation and maintenance. The RbLCC analysis was used in the process of decision-making for replacing aged modules. The initial purchasing cost and the value at risk during operation were considered together. The failure of modules occurs stochastically depending on the physical deterioration with usage over time. The life span of module was used as a factor for the failure of Poisson's probability model, which was used to obtain the probability of failure during the operation. The RbLCC was calculated by combining the initial cost and the value at risk without its warranty term. Additionally, the properties of membrane were considered to select the optimum product. Results showed that the module's life span in the system was ten years (120 month) with safety factor. The optimum product was selected from six candidates membrane for a full scale water treatment facility. This method could be used to make the optimum and rational decision for the operation of membrane water purification facility.

COST-EFFECTIVE MODEL FOR ENERGY SAVING IN SUPER-TALL BUILDING

  • Kwonsik Song;Moonseo Park;Hyun-Soo Lee;Sooyoung Kim;Jinho Shin
    • International conference on construction engineering and project management
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    • 2013.01a
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    • pp.294-299
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    • 2013
  • In many urban cities, super-tall buildings have been being constructed around New York and Chicago as the center since 1930 to improve the efficiency of land use and respond to new residential type. In terms of energy consumption, super-tall buildings are classified as a top energy consumption building. Also, as time passed, the degradation of energy performance occurs in super-tall buildings like general things so that these cannot show the initial performance planned in the design phase. Accordingly, building owners need to make a plan to apply energy saving measures to existing building during the operation phase. In order to select energy saving measures, calculus-based methods and enumerative schemes have been typically used. However, these methods are time-consuming and previous studies which used these methods have problems with not considering the initial construction cost. Consequently, this study proposes a model for selecting an optimal combination of energy saving measures which derives maximum energy saving within allowable cost using genetic algorithms. As a contribution of this research, it would be expected that a model is utilized as one of the decision-making tools during the planning stage for energy saving.

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Membrane Housings

  • Pallais, Bob
    • Proceedings of the Membrane Society of Korea Conference
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    • 1998.09a
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    • pp.119-131
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    • 1998
  • Membrane Housings -Safety Operation -Cost : Initial, Leng-term -Other Considerations

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Evaluation Method for Value Analysis in the Remodelling of Apartment Building - Focused on Economical Efficiency and User Demand - (건축물의 리모델링 가치분석을 위한 평가방법 - 경제성 평가와 사용자 요구분석을 중심으로 -)

  • Jeong, Dong-Whan;So, Kwang-Ho;Kim, Chun-Hag;Kim, Eui-Sik;Yang, Keek-Young
    • Journal of the Korea Institute of Building Construction
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    • v.2 no.4
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    • pp.123-129
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    • 2002
  • This research is aiming to specify the requirement of the investment such as initial cost, running cost earning rate to make effective investment considering the purpose of remodeling and economical value of store building enough to meet the initial purpose of remodeling. The review of earning rate for economical evaluation was performed by the on-site auditing on the structure and function of the building and applying the assessment simulation program, which is to find the possible business model to identify the requirement of building owner through case study. After the research, the following results are obtained. First, it is important that many aspects should be carefully analysis and the best method should be selected as characteristics of remodeling can tie defer each other in their implementations. Second, though the remodeling of exist buildings to promote the functions has been applied. no suitable assessment tool has bee developed for deriding the level of remodeling in the view of economical efficiency so far. Third, the economical benefit was evaluated by analysing annual earning rate which is applied by investment items and recovery period for the investment. More specific data base should be established to apply the suggested economic accession in business enough to forecast the future circumstances. More researches should be promoted on this area continuously as well as the integrated economic evaluation of remodeling on existing building.

Economic Analysis of Box Mechanical Behavior Materials Using LCC Analysis (LCC를 고려한 BOX구조물 뒷채움 재료의 경제성 분석)

  • Park, Young-Min;Kim, Soo-Yong
    • Korean Journal of Construction Engineering and Management
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    • v.10 no.6
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    • pp.40-47
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    • 2009
  • The lightweight bubble mixture soil is used for soft ground rear-filling material by applying reduced weight on structure. However, comparing with the general soil, it is not applied in domestic because of initial phase cost of construction. General soil, which has lower initial phase cost is usually used for rear-filling, but the use of overlay method of general soil is reduced as the number of layers increases. Especially box structure placed in soft ground or the overlay method when gap near pier rear-filling can be replaced with temporary alternative method, however, it can't be a solution to gap by generation of extra weight of thickness of overlaying. Therefore, execute LCC analysis of two alternative-the general and the lightweight bubble mixture soils, which are rear-filling material of box structure- and present economical analysis in order to make resonable decision from the economics. As a result, although the lightweight bubble mixture soil takes higher initial phase cost than the general soil, it has been analyzed to procure economical efficiency by having less cost of maintenance.

Optimum Life-Cycle Cost Design of Steel Bridges (강교의 생애주기비용 최적설계)

  • Cho, Hyo-Nam;Lee, Kwang-Min;Kim, Jung-Ho;Choi, Young-Min;Bong, Youn-Jong
    • Journal of Korean Society of Steel Construction
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    • v.15 no.4 s.65
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    • pp.341-358
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    • 2003
  • This paper proposed a general formulation of Life-Cycle Cost (LCC) models and LCC effective design system models of steel bridges suitable for practical implementation. An LCC model for the optimum design of steel bridges included initial cost and direct/indirect rehabilitation costs of a steel bridge as well as repair/replacement costs, loss of contents or fatality and injury losses, road user costs, and indirect socioeconomic losses. The new road user cost model and regional socioeconomic losses model were especially considered because of the traffic network. Illustrative design examples of an actual steel box girder and an orthotropic steel deck bridge were discussed to demonstrate the LCC effectiveness of the design of steel bridges. Based on the results of the numerical investigation, the LCC-effective optimum design of steel bridges based on the proposed LCC model was found to lead to a more rational, economical, and safer design compared with the initial cost-optimum design and the conventional code-based design.

Optimal Design of Cogeneration System for General Facilities Considering LCC Analysis (LCC 분석을 고려한 일반 시설물에서 소형열병합발전의 최적 설계)

  • Kang, Yul-Ho;Ku, Bon-Cheol;Hwang, Yu-Jin;Song, Jae-Do;Cheong, Seong-Ir;Lee, Jae-Keun
    • Korean Journal of Air-Conditioning and Refrigeration Engineering
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    • v.21 no.8
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    • pp.439-447
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    • 2009
  • Cogeneration system produces power as well as heat recovered from waste heat during power generation process. This system has higher energy efficiency than that of the power plant. In this study the optimal design for the cogeneration system with the increase of the capacity considering life cycle cost(LCC) analysis has been performed in the general facilities such as hotels and hospitals under the assumption of electricity cost of 95 won/kWh, the initial cost of cogeneration system of 1,500,000 won!kW and the value of 0.5${\sim}$1.0 in the ratio of heat to power. The optimal ratio of cogeneration capacity divided by average electricity load of facility was found out more than 0.5 in case of electricity cost with the increase of>30%, and the percentage of $CO_2$ reduction was about 9%. The most important factors in the economic analysis of cogeneration system was found out the electrity cost and the initial cost of cogeneration system. Also the ratio of heat to power at the value of>0.5 was not affected in the economy of cogeneration system, but was very important in the $CO_2$ reduction.

AN OPTIMAL CONTROL FOR THE WAVE EQUATION WITH A LOCALIZED NONLINEAR DISSIPATION

  • Kang, Yong-Han
    • East Asian mathematical journal
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    • v.22 no.2
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    • pp.171-188
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    • 2006
  • We consider the problem of an optimal control of the wave equation with a localized nonlinear dissipation. An optimal control is used to bring the state solutions close to a desired profile under a quadratic cost of control. We establish the existence of solutions of the underlying initial boundary value problem and of an optimal control that minimizes the cost functional. We derive an optimality system by formally differentiating the cost functional with respect to the control and evaluating the result at an optimal control.

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Evaluation of Economy Feasibility for Bridge Superstructures Using LCC Optimal Design (LCC 최적설계를 황용한 교량 상부구조의 경제성 평가)

  • Ahn Ye-Jun;Lee Kwang-Kyun;Park Jang-Ho;Shin Young-Seok
    • Proceedings of the Computational Structural Engineering Institute Conference
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    • 2006.04a
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    • pp.549-556
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    • 2006
  • Life cycle cost is one of important factors in the evaluation of economy feasibility. Load carrying capacity curves for girders and decks are derived on the basis of bridge diagnostic results and condition grade curves to determine the service life and life cycle profile. The total life cycle costs including initial cost, damage cost, maintenance cost, user cost, and etc for the service life are calculated for steel box girder, PSC-I girder and rationalized plate girder. The optimal designs are performed for various service lifes and different superstructure types. The effects of parameters on the life cycle cost are investigated and the economy feasibility is evaluated through the sensitivity analysis.

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