• Journal of the Korean Operations Research and Management Science Society
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• v.4 no.2
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• pp.41-43
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• 1979

In transportation problems, various initial solution methods are known and being used. The purpose of this paper is to compare effectiveness of those methods in terms of time required in computing an initial solution. In this paper, Northwest Corner rule, Least Cost rule, Vogel's Approximation rule, Russel's Approximation rule, are compared, These rules are similar in loxio sized problems. But as the size of the problem become bigger, Russet's and Vogel's methods are found much more effective than others.

• Proceedings of the Computational Structural Engineering Institute Conference
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• 2005.04a
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• pp.719-726
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• 2005

The optimal design was performed for the bridge superstructure composed of steel box girders and concrete deck considering life cycle cost. The service life of the superstructure was estimated, after load carry capacity curves for steel girder and concrete deck were derived on the basis of condition grade curves and maintenance histories. The object function was determined as life cycle cost, including initial cost, total maintenance cost, disposal cost and user cost, for a period of the estimated service life. The optimal design of the superstructure was performed for the various service lifes. The annual costs were used to compare calculated results and to get the most economical design. Also this paper presents reasonable idea for the use of user cost with uncertainty.

• Proceedings of the Earthquake Engineering Society of Korea Conference
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• 2005.03a
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• pp.388-395
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• 2005

This paper presents cost-effectiveness evaluation of semi-active control system for cable-stayed bridge under earthquake excitation. Bi-state control method with Linear Quadratic Gaussian(LQG) optimal controller is used for generic semi-active dampers. Cost-effectiveness of the structural control system is investigated by using the life-cycle cost(LCC) concept. The evaluation results show that the efficiency of semi-active control system is increased when the damage cost due to the failure of bridge system or the bridge importance is enlarged. It was also found that the damper cost had little influence on the cost-effectiveness of semi-active control system if it was relatively small to the initial construction cost.

• Membrane and Water Treatment
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• v.6 no.6
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• pp.477-488
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• 2015

This study demonstrates that low pressure membranes are the ideal choice for industrial and/or municipal wastewater treatment by showing some promising experimental results, understanding different membrane filtration models, studying the potential of membrane bioreactors (MBRs), considering ceramic membranes fabrication and illustrating the role of nanotechnology in membranes. Cost study calculations are included to determine the treatment cost as well as the initial cost of various membrane types. Results showed that integrated membranes are preferred over MBR in case of average capacities. However, higher capacity situations are the most economical choice for MBR. It is shown that the least treatment cost in MBR was about $0.13/m^3$. However, the $0.13/m^3$ is the theoretical cost which is very small compared to the actual average MBR treatment cost of $0.5/m^3$.

• Journal of the Korea Institute of Building Construction
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• v.1 no.2
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• pp.154-164
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• 2001

This research is aiming to specify the requirement of the investment such as intial 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 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 be defer each other in their implementations. Second, though the remodeling of exist building to promote the functions has been applied, no suitable assessment tool has bee developed for deciding 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 date base should be established to apply the suggested economic acessments in business enough ti forecast the future circumstances. More researches should be promoted on the area continuously as well as the integrated economic evaluation of remodeling on existing building.

• Journal of Construction Engineering and Project Management
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• v.3 no.3
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• pp.17-22
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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.

• Journal of the Korean Society for Geothermal and Hydrothermal Energy
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• v.10 no.1
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• pp.14-19
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• 2014

This paper presents a preliminary experimental and computational study on the evaluation of thermal performance and initial cost of U, W and coil type ground heat exchangers (GHEs). Heat exchange rate of the individual GHE was evaluated from the thermal resperformance test (TPT) results, and the construction cost was also calculated. For more information, GLD (ground loop design) simulations of various piping size are carried out. From simulation results, the optimized GHE was suggested based on the thermal performance and construction cost as well. Besides, the required borehole length of U and W type GHEs was calculated considering a real construction condition using GLD program.

• Journal of the Korean Solar Energy Society
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• v.27 no.2
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• pp.87-93
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• 2007

The demand for solar electric power systems, namely, photovoltaic system has grown steadily in our country over the last 10 years. However, the main obstacle against using photovoltaic system is the financial viability especially concerned with initial cost. The other factors affecting the economic viability of photovoltaic system are cost of electric energy, amount of electric energy produced by the photovoltaic system, discount rate, energy cost escalation rate, inflation rate, project life, and so on. Therefore, this thesis studies on the effect of various relating factors on economic evaluation of photovoltaic system in residential building by calculating payback period.

• Korean Journal of Air-Conditioning and Refrigeration Engineering
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• v.20 no.9
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• pp.599-607
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• 2008

In this study, air conditioning systems include ground source heat pump (GSHP), are evaluated for economic feasibility. The building is modeled an air conditioned for 280kW scale. This analysis is compared with the energy tariff programs of Korea and USA. The objectives of this paper are to evaluate the cost-effectiveness of the GSHP and combined system using Life-Cycle Cost (LCC) analysis, and to carry out the sensitivity analysis of key parameters. The paper considered the cases including the base case of air source heat pump and the other two alternates for comparisons. The combined system is not only a cost-effective way to the low energy consumption but also a way to avoid a high initial investment. The variations of initial investment and energy rates give a significant effect on the total LCC and payback period.

• Journal of the Society of Naval Architects of Korea
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• v.47 no.2
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• pp.258-264
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• 2010

Various kinds of ballast water treatment systems (BWTS) have been developed corresponding to reinforced IMO rules for marine environment. Some of them got the certificate of IMO and others are waiting for it. Selection of optimum BWTS is very important. Optimum BWTS means not only functional requirements but also economic efficiency. This paper presents economic analysis model for optimum BWTS according to ship type and size. In this study 10 kinds of BWTS whose initial installation cost and maintenance cost are known are analyzed based on present worth method. It is assumed that all BWTS satisfy minimum functional requirements and we need to consider different economical efficiency. Through the economic analysis we could select optimum BWTS.