• Title/Summary/Keyword: Initial Cost

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Resource-constrained Scheduling at Different Project Sizes

  • Lazari, Vasiliki;Chassiakos, Athanasios;Karatzas, Stylianos
    • International conference on construction engineering and project management
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    • 2022.06a
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    • pp.196-203
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    • 2022
  • The resource constrained scheduling problem (RCSP) constitutes one of the most challenging problems in Project Management, as it combines multiple parameters, contradicting objectives (project completion within certain deadlines, resource allocation within resource availability margins and with reduced fluctuations), strict constraints (precedence constraints between activities), while its complexity grows with the increase in the number of activities being executed. Due to the large solution space size, this work investigates the application of Genetic Algorithms to approximate the optimal resource alolocation and obtain optimal trade-offs between different project goals. This analysis uses the cost of exceeding the daily resource availability, the cost from the day-by-day resource movement in and out of the site and the cost for using resources day-by-day, to form the objective cost function. The model is applied in different case studies: 1 project consisting of 10 activities, 4 repetitive projects consisting of 40 activities in total and 16 repetitive projects consisting of 160 activities in total, in order to evaluate the effectiveness of the algorithm in different-size solution spaces and under alternative optimization criteria by examining the quality of the solution and the required computational time. The case studies 2 & 3 have been developed by building upon the recurrence of the unit/sub-project (10 activities), meaning that the initial problem is multiplied four and sixteen times respectively. The evaluation results indicate that the proposed model can efficiently provide reliable solutions with respect to the individual goals assigned in every case study regardless of the project scale.

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Early Detection is Important to Reduce the Economic Burden of Gastric Cancer

  • Kim, Jie-Hyun;Kim, Sung Soo;Lee, Jeong Hoon;Jung, Da Hyun;Cheung, Dae Young;Chung, Woo-Chul;Park, Soo-Heon
    • Journal of Gastric Cancer
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    • v.18 no.1
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    • pp.82-89
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    • 2018
  • Purpose: Early detection of gastric cancer is important to improve prognosis. Early detection enables local treatment, such as endoscopic submucosal dissection (ESD). Therefore, we investigated whether early detection of gastric cancer could reduce healthcare costs by comparison according to stage and treatment modalities. Materials and Methods: Medical care costs were investigated according to tumor stage and initial treatment modality in 1,188 patients newly diagnosed with gastric cancer at 7 medical institutions from December 2011 to June 2012. Total medical care costs during the first-year after diagnosis (total first-year costs) were examined, including the costs of initial treatment, post-initial treatment, and inpatient and outpatient visits. Results: Stage I (75.3%) was the most common cancer stage. ESD was the second most common treatment following surgery. Total first-year costs increased significantly from stages I to IV. The costs of initial treatment and post-initial treatment were lowest in patients with stage I cancer. Among patients with stage I cancer, total first-year costs were significantly lower when treated by ESD; in particular, initial ESD treatment costs were much lower than others. Conclusions: The cost of healthcare has increased significantly with increasing cancer stages. ESD can greatly reduce medical care costs of gastric cancer. Thus, early detection of gastric cancer is important to reduce healthcare costs.

A Measure for Improving the Systematic Evaluation of the Life Cycle Cost in Technical Proposal Tendering (기술제안입찰에서의 계적인 생애주기비용 평가를 위한 개선방안)

  • Son, Myung-Jin;Hyun, Chang-Taek
    • Korean Journal of Construction Engineering and Management
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    • v.13 no.6
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    • pp.71-83
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    • 2012
  • The use of technical proposal tendering has been expanding recently with the aim of effecting cost reduction, quality enhancement, technological development and value realization centered on multifunctional administrative cities, innovation cities, and the Yongsan relocation project. In line with the increasing interest towards life cycle cost improvement measures as an important evaluation category concerning technical proposal tendering, efforts in preparing measures that can execute the security of credibility and objective evaluation concerning architectural life cycle cost are being made. However, problems such as lack of applicable cases of design development and detail design, distortion of initial construction costs concerning the original plan, combination of constant price and current price, the ambiguity of the calculation standards between tendering corporations, inaccuracy of terms, and insufficient compositional formats concerning life cycle improvement measures are being cited. Accordingly, this study sought to propose a measure to improve the compositional guidelines, format, and standards so that a systematic life cycle cost evaluation can be executed for the reliable distinction of each participating corporation, enhanced credibility and objective evaluation of the life cycle cost improvement measure for technical proposals.

A characteristic study on the software development cost model based on the lifetime distribution following the shape parameter of Type-2 Gumbel and Erlang distribution (Type-2 Gumbel과 Erlang 분포의 형상모수를 따르는 수명분포에 근거한 소프트웨어 개발 비용모형에 관한 특성 연구)

  • Yang, Tae-Jin
    • The Journal of Korea Institute of Information, Electronics, and Communication Technology
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    • v.11 no.4
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    • pp.460-466
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    • 2018
  • With the development of information technology, the scale of computer software system is constantly expanding. Reliability and cost of software development have a great impact on software quality. In this study, based on the software failure interval time data, a comparative analysis was performed on the characteristics of the software development cost model based on the lifetime distribution following the Type-2 Gumbel and Erlang distribution in the NHPP model. As a result, the trends of the cost curves for the Go-Okumoto model and the proposed Erlang model and the Type-2 Gumble model both decreased in the initial stage and gradually increased in the latter half of the failure time. Also, Comparing the Erlang model with the Type-2 Gumble model, we found that the Erlang model is faster and more cost-effective at launch. Through this study, Software operators should remove possible defects from the testing phase rather than the operational phase to reduce defects after the software release date, it is expected to be able to study the prior information needed to understand the characteristic of software development cost.

Construction Cost-Down of Building Substructure by VE Techniques (VE 기법에 의한 건물 지하구조의 공사원가 절감방안)

  • Kim Sun-Kuk;Heo Seong-Soo;Choi Yoon-Ki
    • Korean Journal of Construction Engineering and Management
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    • v.6 no.1 s.23
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    • pp.125-132
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    • 2005
  • Domestic construction firms make every effort to save cost and, contrarily, enhance quality for competitive advantage in the market. Structural work of building construction takes chaise of the total cost and schedule, thus elaborate planning and management of the work help to lead the project into a successful way. Therefore, the idea to save time and cost and enhance constructability securing quality and safety of the work should be developed after analyzing the designed documents and site conditions comprehensively in the initial construction planning phase. Value Engineering (VE) technique is introduced in the substructural work in this paper to save cost creatively and systematically in the design and construction phase. A practical VE model that is applied to the underground building work systematically is proposed to save cost and it applies to the actual project to confirm the effectiveness of the model.

A Development Cost Estimation at Initial Phase for Military Software Using Backfiring Approach (백파이어링을 이용한 군사용 소프트웨어 초기단계 개발비용 산정 기법)

  • Lee Byong-Eun;Kang Sung-Jin
    • The KIPS Transactions:PartD
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    • v.12D no.5 s.101
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    • pp.737-744
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    • 2005
  • As the portion of software cost in construction of the system related to the national defence is getting higher, the required accuracy of cost estimation on defense software in development is also getting higher. The PRICE S is used to estimate the software cost at the first stage in the development of software promptly. However, the PRICE S is appropriate for the American environment not for the Korean circumstances. Thus, we will present a method to compensate the PRICE S with comparing with the model of Korea Software Industry Association. Moreover, we also present another method to estimate software cost based on function point with backfiring approach, which will be used for the software projects planned. Finally, we expect that our works will provide a solution for applying the function point in the future and will increase the accuracy of cost estimation in software development.

Cost Analysis of Asphalt Pavements Reinforced with Glass Fiber and Polymer Modified Using Falling Weight Deflectometer (Falling Weight Deflectometer를 이용한 섬유보강 아스팔트 및 폴리머 개질 아스팔트 포장의 비용 효과 분석)

  • Kim, Boo-Il;Lee, Moon-Sup;Jeon, Sung-Il;Kim, Sang-Kyu
    • International Journal of Highway Engineering
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    • v.11 no.4
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    • pp.153-160
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    • 2009
  • Falling Weight Deflectometer (FWD) tests were performed to evaluate the structural capacity of glass fiber reinforced (GFR), polymer modified (PM), and unmodified asphalt pavement in Korea-LTPP (Long Term Pavement Performance) section. FWD tests showed that the tensile strains of GFR and PM asphalt pavements at the bottom of asphalt layer were 29% and 21% less than that of unmodified asphalt pavement. The structural capacity was then used as a performance criterion for calculating the cost effect of GFR and PM asphalt pavements. From the results, 5cm of asphalt layer thickness was reduced by applying GFR asphalt, and 3cm by applying PM asphalt. However, construction cost of PM and GFR asphalt pavement were increased due to the higher GFR and PM asphalt price. Life cycle cost analysis showed that the initial construction cost of GFR and PM asphalt pavement were higher but the management and user cost were less than those of unmodified asphalt pavement.

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A Basic Study on the Development of O&M Cost Assessment Model to Improve Operational Efficiency of Large Public Research Infrastructures (CAM) (대형 공공연구인프라의 운영 효율성 제고를 위한 운영 및 유지관리비 평가모델 개발 기초연구)

  • Choi, Sun-Ah;Son, Seung-Hyun;Lee, Sung-Ho;Oh, Oum-Joong;Han, Bum-Jin
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2021.05a
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    • pp.93-94
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    • 2021
  • The Korean government has invested a tremendous amount of money in the last 10 years to build large public research infrastructures (LPRI). For efficient operation and maintenance of LPRI built with expensive equipment and professional engineers, reasonable budget needs to be allocated. However, it is difficult to fulfill sustainable operation and maintenance (O&M) because there is no standard on budgeting for efficient LPRI operation, including expensive equipment and manpower allocation. There have been a lot of cost assessment studies regarding O&M of high-demand facilities such as hospitals, hotels and residential buildings, but a very few on sustainable O&M of LPRI. Therefore, mid/long-term budget establishment plans for efficient LPRI O&M are required from the initial planning stage and a cost assessment model to support the plans should be developed. The objective of this paper is to propose a cost assessment model for sustainable operation and maintenance of large public research infrastructures. To do so, actual O&M data of 6 LPRI types in operation are collected, and regression analysis model (RAM) is used for development and evaluation a cost assessment model. The study result will support sustainable operation of LPRI from a business perspective and be used as basic data for continuous development of cost assessment models to establish budgets for LPRI operation from an academic perspective.

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A Comparison Analysis of Life Cycle Cost (LCC) of Pumps - In the Focus on Comparison of Excellent and General Products in Water Industry - (Pump의 생애주기 비용(LCC) 비교 분석 - 물산업 우수제품과 일반제품의 비교를 중심으로 -)

  • Park, Woopyung;Choi, Yong;Jeon, Si Young;Kim, Jinho;Kang, Seongmi
    • Korean Journal of Construction Engineering and Management
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    • v.23 no.3
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    • pp.66-73
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    • 2022
  • In order to induce users to purchase excellent products in the water industry that satisfy the technical standards of excellent products, in this study, it is to present the advantages of the cost aspect of the pumps as the objective basis. It will be to promote technology development of domestic water companies and to create a virtuous cycle structure in the water industry. In order to present an objective basis for the merits in terms of cost, an economic evaluation was conducted through life cycle cost analysis. For the LCC analysis, initial cost (pump cost and installation cost), operation cost (energy cost and maintenance cost) and demolition cost (disposal cost and residual value) are searched and calculated. As the results of comparison on two capacity of pumps, the energy cost of the excellent pump is 212 million KRW lower than the that of general pump in the large pump. The cost of excellent pump was 17 million KRW lower than that of general pump in small capacity pump. As the results of sensibility test, if the product is developed in the direction of improving pump efficiency and increasing the replacement cycle of consumables, it is predicted that the effect on LCC will be large.

Growth and Fruit Characteristics according to Filling and Planting Methods of Coir Medium Hydroponically Grown Cucumber (코이어 배지의 포수 및 정식 방법에 따른 수경재배 오이의 생육 및 과실 특성)

  • Heung Soo Lee;Hyo Jun Bae;Jong Hyang Bae;Baul Ko
    • Journal of Bio-Environment Control
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    • v.33 no.1
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    • pp.37-44
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    • 2024
  • This study was conducted to validate the growth and productivity of cucumber hydroponics using coir as the medium, different types of nutrient solutions and formal methods, in order to select the most efficient cultivation method. The nutrient solutions consisted of culture solution (S) and raw water (W), the planting methods were rockwool cube seedlings (RC), rockwool plug seedlings (RP), and slab directly seedlings (DS). The reference date was set the sowing date. The initial growth showed a significant increase in the culture solution treatment, the differences among treatments decreased as the growth period lengthened. There was no apparent correlation between the planting methods and growth, but different results were observed among the same planting methods depending on nutrient solution used. Similarly, productivity followed a similar trend, with significantly higher harvest in the culture solution treatment during the initial harvest period of 6-8 weeks after sowing, but the harvest gap among treatments were diminished in the after period. The cumulative harvest was significantly higher in the culture solution treatment due to the initial difference in harvest quantity. Plant growth and fruit productivity exhibited a similar trend, showing a linear relationship. There was no correlation among the planting methods, but direct seedling with the culture solution showed the highest initial growth and harvests due to stable nutrient and moisture supply in the initial root zone. Therefore, it is believed that direct seeding method on the culture solution medium would be most advantageous for plant growth and productivity. Additionally, it is expected to contribute to cost effectiveness from an economic perspective through simplification of the cultivation process, labor costs and production cost reduction