• The Transactions of The Korean Institute of Electrical Engineers
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• v.62 no.2
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• pp.288-292
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• 2013

This paper presents the result of life-cycle cost (LCC) estimation for domestic products propulsion control system (motor block unit) of KTX-1 considering periodic maintenance. Life cycle costing is one of the most effective approaches for the cost analysis of long-life systems such as the KTX-1. Life cycle costing includes the cost of concept design, development, manufacture, operation, maintenance and disposal. To estimate LCC for domestic products motor block unit, it was analyzed physical breakdown structure (PBS) on motor unit in view of maintenance cost and unit cost etc. As a results, life cycle cost on motor block unit increased moderately expect for periodical time when major parts are replaced at the same time. hereafter this results will be reflected in the domestic products being developed.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• 2006.11a
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• pp.123-130
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• 2006

Recently, Korean government promotes BTL(Build-Transfer-Lease) for their public construction project to apply private sector's experience and finance initiatives. Many of public buildings and civil infrastructure projects were planned to be delivered by BTL and it helps to continue public projects under tight budget conditions. Since the characteristics of BTL projects, creative ideas for the project function, performance and its LCC (Life Cycle Cost) become more important than usual public work project. This paper introduces the systematic "VE job Plan" application techniques for BTL project and shows the process. This study shows the application of "VE job Plan" for BTL project to help decision making and value improvement. Also, Project cost was estimated by LCC (Life Cycle Cost) analysis. Technical "FAST diagram"was developed and used to find major functions of the project. So, it helps to improve performance of functions and make creative ideas. FAST diagram also help to find relationships between functions and cost. A case study (Daegu Art Gallery BTL Project) was conducted using proposed "VE job Plan. Study demonstrates how value management helps save money and increase functional performance. Researcher found that project can save cost and improve performance of functions significantly by using appropriate VE analysis process at appropriate time.

• Korean Journal of Construction Engineering and Management
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• v.12 no.3
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• pp.91-100
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• 2011

Green technologies of buildings are spreading for saving resource and energy consumption during life cycle of buildings. However, selection of optimized the technologies for applying projects is needed a lot of time and costs. Therefore prioritization is necessary to apply the technologies for buildings. An evaluation of economic value for the technologies is significant for prioritization of the technologies, however, the current evaluation system of economic value for technologies is not reflected the accurate features of the technologies. Green technologies have the objectives for reducing the emission of CO2 and saving the cost during the whole lifecycle of buildings. Thus the evaluation of economic feasibility for green technologies is needed to include the economic value from improving the environment. This paper developed the economic evaluation method integrated with LCC and LCA to accurately analyze the economic value for green technologies. Moreover, this paper drew the priority of the technologies by conducting case studies with the integrated method and analyzing the results with AHP. The conclusion of case studies, Green technologies is worth more if to include the economic value from improving the environment. Then in analysis of priority, Green intelligent component technologies were rated the highest. The conclusion of the study is able to utilize the supporting tool for making decision to select the optimized technologies for the projects and precedence study for developing future research of prioritization for green technologies. The future study for improving the developed method will supplement the various evaluation factors and apply the detailed weight to analyze the priority of green technologies.

• Korean Journal of Construction Engineering and Management
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• v.19 no.5
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• pp.3-9
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• 2018

Although Life Cycle Cost (LCC) must be evaluated by experts, sometimes it may not allow a sufficient time for even the experienced LCC expert to make rational decisions. Therefore, it often ends with relatively comparing the final numbers. We have broken down 110 technical proposals that are actually bade and accepted for large construction projects, and then have analyzed the uncertainty of Maintenance and Energy (M&E) cost during building life cycle, which turns out be the most volatile factor in uncertainty of LCC. Also we suggest "Value Engineering Index (VEI)" - the reduced M&E cost that is normalized by the reduced first cost. It is analyzed that the most uncertain factors of the M&E cost include repair and replacement term differing from each project, duplicated repair and replacement, non-standard repair items, and site-specific energy cost. Eventually we propose a VEI population with a mean of 1.38 and a standard deviation of 1.19, which is obtained by individually and exclusively applying the uncertain factors of the M&E cost to the 35 standard sample of technical proposals. The LCC evaluators may be able to use the VEI population as the benchmark to select the technical proposal with the most reasonable LCC among many others in two suggested manners; the one is to deterministically calculate the probability of single VEIs, and the other is to stochastically calculate the probability of the VEIs where uncertainty is quantified.

• 한국도로학회지:도로
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• v.4 no.3 s.13
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• pp.51-66
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• 2002

• Journal of the Korean Society of Safety
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• v.29 no.6
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• pp.94-98
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• 2014

This study was intend to develop the optimal design method of suspension bridge by the reliability analysis based on minimization of life cycle cost(LCC). The reliability analysis was performed considering aleatory uncertainties included in the result of numerical analysis. The optimal design was estimated based on life-cycle cost analysis depending on the result of reliability analysis. As the effect of epistemic uncertainty, the safety index (beta), failure probability (pf) and minimum life cycle cost were random variables. The high-level distributions were generated, from which the critical percentile values were obtained for a conservative bridge design through sensitivity assessment.

• Korean Journal of Air-Conditioning and Refrigeration Engineering
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• v.25 no.11
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• pp.600-605
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• 2013

Ground source heat pump systems (GSHP) can achieve higher performance of the system, by supplying more efficient heat source to the heat pump, than the conventional air-source heat pump system. But building clients and designers have hesitated to use GSHP systems, due to expensive initial cost, and uncertain economic feasibility. In order to reduce the initial cost, many researches have focused on the energy-pile system, using the structure of the building as a heat exchanger. Even though several experimental studies for the energy-pile system have been conducted, there was not enough data of quantitative evaluation with economic analysis and comprehensive analysis for the energy-pile. In this study, a prediction method has been developed for the energy pile system with barrette pile, using the ground heat transfer model and ground heat exchanger model. Moreover, a feasibility study for the energy pile system with barrette pile was conducted, by performance analysis and LCC assessment. As a result, it was found that the heat exchange rate of a barrette pile was 2.55 kW, and the payback period using LCC analysis was 8.8 years.

• Korean Journal of Air-Conditioning and Refrigeration Engineering
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• v.19 no.6
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• pp.470-475
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• 2007

The present study has been conducted economic analysis through actual operation of electric heat pump (EHP) and gas engine driven heat pump (GHP) which are installed at the same building in the university. Cost items, such as initial cost, annual energy cost and maintenance cost of each system are considered to analyze life cycle cost (LCC) and economical efficiencies are compared. The initial cost is considered on the basis of actual cost, and annual energy cost is converted into the cost after measuring electricity and gas consumption a day LCC applied present value method is used to assess economical profit of both of them. Variables used to LCC analysis are electricity cost escalation rate, natural gas cost escalation rate, interest rate, and service lives when each of them are 4%, 2%, 8%, and 20 years. The result shows that EHP (148,257,306 won) is more profitable than GHP (161,239,296 won) by 8.05% (12,981,990 won).

• 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.

• Tribology and Lubricants
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• v.38 no.6
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• pp.267-273
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• 2022

Surface texturing is the latest technology for processing grooves or dimples on the friction surface of a machine. When appropriately applied, it can reduce friction and significantly increase durability. Despite many studies over the past 20 years, most are isothermal (ISO) analyses in which the viscosity of the lubricant is constant. In practice, the viscosity changes significantly owing to the heat generated by the viscous shear of the lubricant and film-temperature boundary condition (FTBC). Although many thermohydrodynamic (THD) analyses have been performed on various sliding bearings, only few results for surface-textured bearings have been reported. This study investigates the effects of the FTBC and groove number on the THD lubrication characteristics of a surface-textured parallel thrust bearing with multiple rectangular grooves. The continuity, Navier-Stokes, and energy equations with temperature-viscosity-density relations are numerically analyzed using a commercial computational fluid dynamics code, FLUENT. The results show the pressure and temperature distributions, variations of load-carrying capacity (LCC), and friction force with four FTBCs. The FTBCs greatly influence the lubrication characteristics of surface-textured parallel thrust bearings. A groove number that maximizes the LCC exists, which depends on the FTBC. ISO analysis overestimates the LCC but underestimates friction reduction. Additional analysis of various temperature boundary conditions is required for practical applications.