• Title/Summary/Keyword: Life Cycle Cost Estimation

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Asset Evaluation Method for Road Pavement Considering Life Cycle Cost (생애주기비용을 고려한 도로포장의 자산가치 평가에 대한 연구)

  • Do, Myungsik;Kim, Jeunghwan
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.29 no.1D
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    • pp.63-72
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    • 2009
  • This study aims at establishing the decision-making support system for the highway assets, long-term performance presumption and evaluation of asset value, which are appropriate for Korea, and proposing the methods of the optimal engineering method and the timing decision for the preventive maintenance through the project evaluation, the optimization method and life-cycle analysis related to the highways. In order to supplement the current problem of the near-sighted budget management system, which chooses the maintenance place of the highway, depending on the level of the budget with fixed amount, the long-term required budget prediction system and the economy principle were introduced, so that the pavement agency can predict the level of the required budget, and it was aimed to develop the pavement asset evaluation system to maintain the performance of the highway with the minimum of the cost. In the use of the highway pavement asset evaluation system, to maintain the appropriate level of the pavement evaluation index, when the budget was efficiently established in the reference of the required maintenance budget for the chosen section of the highway in the year concerned, it was possible to analyze the most rational pavement maintenance budget. With this result, it is estimated to prevent the unnecessary waste of budget in advance, and through the development of the decision-making system for the long-term performance presumption and the asset value estimation of the pavement, it is expected to able to analyze the previous evaluation of the project related to the highway and the feasibility of introduction.

A Study on the Estimation Measure of Delay Cost on Work Zone Using the Traffic Flow Model (교통류 모형을 이용한 도로 점용공사 구간의 지체비용 산정방안)

  • Kim, Yunsik;Lee, Minjae
    • Korean Journal of Construction Engineering and Management
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    • v.17 no.5
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    • pp.120-129
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    • 2016
  • The user cost is an important analysis item which should be considered together with life-cycle of facility, administrator cost and discount rate in LCCA for efficient asset management of SOC facilities. Especially, a significant delay cost occurs often for users in the road field due to a work zone for cleaning and maintenance, and in such case, the administrator should consider the administrator cost as well as the user cost for more rational decision making. However, the user cost has not been considered in most decision making steps until recently and relevant studies also have not been carried out actively. In this study, the methodology to estimate the user cost and delay cost required in the decision making step using the traffic flow model and the direct benefit estimation model in the traffic facility investment evaluation guideline is suggested. And, the traffic flow model was estimated on 4 national highway sections where maintenance was actually carried out in 2014 using VISSIM and, the user cost and the delay cost were estimated based on the suggested methodology. The analysis result showed that the average user cost of $17,569,000KRW/km{\times}day$ occurred on Section A with approximately 30,000 AADT before a work zone occurred, and in case the first lane was blocked for maintenance, the delay cost of $10,193,000KRW/km{\times}day$ (158%) on average occurred additionally. The delay cost of $1,507,000KRW/km{\times}day$ (115%) and $1,985,000KRW/km{\times}day$ (119%) occurred on Sections B and D with approximately 20,000 AADT respectively and the delay cost of $262,000KRW/km{\times}day$ (105%) occurred on Section C with approximately 10,000 AADT. This result of this study was estimated based on the simulation of traffic flow model so that there is a limitation in its actual application. A study ot develop a highly appropriate model using actual observation data and improve the possibility to apply it through the verification using the simulation will be necessary in future.

A Study on the Process of Estimating the Amount of Materials for Client's Decision-Making Support in Space Programming Stage of Pre-design BIM -focusing on Building Interior Finishing- (건축 기획 BIM의 공간 프로그래밍 단계에서 발주자 의사결정지원을 위한 물량예측 방법론에 관한 연구 -건축마감을 중심으로-)

  • Jun, Yeong-Jin;Kim, Ju-Hyung;Kim, Jae-Jun
    • Journal of The Korean Digital Architecture Interior Association
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    • v.10 no.3
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    • pp.19-28
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    • 2010
  • The construction projects are recently having changes in their magnitude and complexity. Therefore, the amount of information created and managed by participants over project phases is enormous and this may cause difficulties in consistent and integrated data management. Because of the change in construction projects, there is a need to apply more logical and systematic ways to deal integrated data management. For the solution to this, BIM(Building Information Modeling), a new paradigm for integrated management of the information over project life-cycle, has been seriously considered. Also, the Korean Public Procurement Service announced that project over 50 billion Korean Won should introduce BIM into procurement starting from 2012. However, the studies and development have lack on studies of applying BIM and managing the data made using BIM in pre-design and maintenance stage. In pre-design stage, the concept of schematic design model is made to support for making major decisions concerning the size, shape and cost of the project. To decide the cost for the building in this stage by making use of BIM, estimating the amount of building materials used for constructing should be preceded. In this study, the pre-design BIM is explained to gain a better understanding of its process, since this paper focused on space programming stage. Finally, the paper suggests the concept process of estimating the amount of materials in building interior finishing from selecting the type for the elements of each space made to support the client for making decisions in space programming stage based on pre-design BIM.

Improving Estimative Capability of Software Development Effort using Radial Basis Function Network (RBF 망 이용 소프트웨어 개발 노력 추정 성능향상)

  • Lee, Sang-Un;Park, Yeong-Mok;Park, Jae-Hong
    • The KIPS Transactions:PartD
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    • v.8D no.5
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    • pp.581-586
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    • 2001
  • An increasingly important facet of software development is the ability to estimated the associated coast and effort of development early in the development life cycle. In spite of the most generally sued procedures for estimation of the software development effort and cost were linear regression analysis. As a result of the software complexity and various development environments, the software effort and cost estimates that are grossly inaccurate. The application of nonlinear methods hold the greatest promise for achieving this objects. Therefore this paper presents an RBF (radial basis function) network model that is able to represent the nonlinear relation for software development effort, The research describes appropriate RBF network modeling in the context of a case study for 24 software development projects. Also, this paper compared the RBF network model with a regression analysis model. The RBF network model is the most accuracy of all.

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Development of Stochastic Decision Model for Estimation of Optimal In-depth Inspection Period of Harbor Structures (항만 구조물의 최적 정밀점검 시기 추정을 위한 추계학적 결정모형의 개발)

  • Lee, Cheol-Eung
    • Journal of Korean Society of Coastal and Ocean Engineers
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    • v.28 no.2
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    • pp.63-72
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    • 2016
  • An expected-discounted cost model based on RRP(Renewal Reward Process), referred to as a stochastic decision model, has been developed to estimate the optimal period of in-depth inspection which is one of critical issues in the life-cycle maintenance management of harbor structures such as rubble-mound breakwaters. A mathematical model, which is a function of the probability distribution of the service-life, has been formulated by simultaneously adopting PIM(Periodic Inspection and Maintenance) and CBIM(Condition-Based Inspection and Maintenance) policies so as to resolve limitations of other models, also all the costs in the model associated with monitoring and repair have been discounted with time. From both an analytical solution derived in this paper under the condition in which a failure rate function is a constant and the sensitivity analyses for the variety of different distribution functions and conditions, it has been confirmed that the present solution is more versatile than the existing solution suggested in a very simplified setting. Additionally, even in that case which the probability distribution of the service-life is estimated through the stochastic process, the present model is of course also well suited to interpret the nonlinearity of deterioration process. In particular, a MCS(Monte-Carlo Simulation)-based sample path method has been used to evaluate the parameters of a damage intensity function in stochastic process. Finally, the present stochastic decision model can satisfactorily be applied to armor units of rubble mound breakwaters. The optimal periods of in-depth inspection of rubble-mound breakwaters can be determined by minimizing the expected total cost rate with respect to the behavioral feature of damage process, the level of serviceability limit, and the consequence of that structure.

Decision of Neural Network Architecture for Software Development Effort Estimation using Prior Information (사전 정보를 이용한 소프트웨어 개발노력 추정 신경망 구조 결정)

  • 박석규;유창열;박영목
    • Journal of the Korea Computer Industry Society
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    • v.2 no.9
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    • pp.1191-1198
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    • 2001
  • An increasingly important facet of software development is the ability to estimate the associate cost and effort of development early in the development life cycle. Most of the proposed models are based upon a combination of intuition, expert judgement, and regression analysis of empirical data. Overall, the work has failed to produce any single model that can be applied with a reasonable degree of success to a variety of environments. This paper presents a neural network (NN) model that related software development effort to software size measured in function element types. The heuristic approach is applied to decide the number of hidden neurons in NN from the relationship between input-output pairs. The research describes appropriate NN modeling in the context of a case study for 24 software development projects. Also, this paper compared the NN model with a regression analysis model and found the NN model has better accuracy.

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$SF_6$ Emission Characteristics at High Voltage Equipments in use-phase Stage (고압 전력기기에서의 $SF_6$ Gas 사용단계별 배출특성에 관한 연구)

  • Park, Jung-Ju;Cha, Yeun-Haeng
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.57 no.12
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    • pp.2199-2201
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    • 2008
  • Sulfur hexafluoride($SF_6$) is a gaseous dielectric used in high voltage electrical equipment such as an insultor or arc quenching medium in the transmission and distribution of electricity. however, $SF_6$ is one of the greenhouse gases(GHG) with a global warming potential that is 23,900 times greater than that of carbon dioxide($CO_2$). for this reason, $SF_6$ emissions in electric equipment shall be controlled to reduce GHG and improve cost-effective use of $SF_6$ for economical benefits. Until recently there has not been any investigation on $SF_6$ emission characteristics and inventory in Korea. To understand emission characteristics during the use-phase, the scope of this study was limited to the following closed pressure system equipment from 10 substations in Korea. This study highlights (1) the investigation of sampling/analysis methodology for $SF_6$ emissions in high voltage equipment, (2) the estimation of $SF_6$ emissions in the use-phase, and (3) the comparison between the emission ratio and the mass-balance applied to inventory study. According to this study, the majority of emissions were related to electric equipment nameplates and the rest of the emissions were related to the handling of $SF_6$ during operations. from this result, emission ratios estimated from this study were similar; GIS was 14% and GCB was 13%, as maintenance process conditions were the same as manual process conditions for both equipment.

The Comparative Study of Software Optimal Release Time Based on Gamma Exponential and Non-exponential Family Distribution Model (지수 및 비지수족 분포 모형에 근거한 소프트웨어 최적방출시기에 관한 비교 연구)

  • Kim, Hee-Cheul;Shin, Hyun-Cheul
    • Journal of the Korea Society of Computer and Information
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    • v.15 no.5
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    • pp.125-132
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    • 2010
  • Decision problem called an optimal release policies, after testing a software system in development phase and transfer it to the user, is studied. The applied model of release time exploited infinite non-homogeneous Poisson process. This infinite non-homogeneous Poisson process is a model which reflects the possibility of introducing new faults when correcting or modifying the software. The failure life-cycle distribution used exponential and non-exponential family which has various intensity. Thus, software release policies which minimize a total average software cost of development and maintenance under the constraint of satisfying a software reliability requirement becomes an optimal release policies. In a numerical example, after trend test applied and estimated the parameters using maximum likelihood estimation of inter-failure time data, estimated software optimal release time.

The Comparative Study of Software Optimal Release Time Based on Weibull Distribution Property (와이블 분포 특성에 근거한 소프트웨어 최적 방출시기에 관한 비교 연구)

  • Kim, Hee-Cheul;Park, Hyoung-Keun
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.10 no.8
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    • pp.1903-1910
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    • 2009
  • In this paper, we were researched decision problem called an optimal release policies after testing a software system in development phase and transferring it to the user. The applied model of release time exploited infinite failure non-homogeneous Poisson process This infinite failure non-homogeneous Poisson process is a model which reflects the possibility of introducing new faults when correcting or modifying the software. The failure life-cycle distribution used the Weibull distribution which has the efficient various property which has the place efficient quality. Thus, optimal software release policies which minimize a total average software cost of development and maintenance under the constraint of satisfying a software reliability requirement becomes an optimal release policies. In a numerical example, after trend test applied and estimated the parameters using maximum likelihood estimation of inter-failure time data, estimated software optimal release time.

The Improvement of NDF(No Defect Found) on Mobile Device Using Datamining (데이터 마이닝 기법을 활용한 Mobile Device NDF(No Defect Found) 개선)

  • Lee, Jewang;Han, Chang Hee
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.44 no.1
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    • pp.60-70
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    • 2021
  • Recently, with the development of technologies for the fourth industrial revolution, convergence and complex technology are being applied to aircraft, electronic home appliances and mobile devices, and the number of parts used is increasing. Increasing the number of parts and the application of convergence technologies such as HW (hardware) and SW (software) are increasing the No Defect Found (NDF) phenomenon in which the defect is not reproduced or the cause of the defect cannot be identified in the subsequent investigation systems after the discovery of the defect in the product. The NDF phenomenon is a major problem when dealing with complex technical systems, and its consequences may be manifested in decreased safety and dependability and increased life cycle costs. Until now, NDF-related prior studies have been mainly focused on the NDF cost estimation, the cause and impact analysis of NDF in qualitative terms. And there have been no specific methodologies or examples of a working-level perspective to reduce NDF. The purpose of this study is to present a practical methodology for reducing NDF phenomena through data mining methods using quantitative data accumulated in the enterprise. In this study, we performed a cluster analysis using market defects and design-related variables of mobile devices. And then, by analyzing the characteristics of groups with high NDF ratios, we presented improvement directions in terms of design and after service policies. This is significant in solving NDF problems from a practical perspective in the company.