• Title/Summary/Keyword: Life Cycle Cost Estimation

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Estimation of Optimum Maintenance Cycle for the Chloride Damaged RC Structure (염해를 입은 RC 구조물의 최적 보수주기 산정 기법에 관한 연구)

  • Yun, Sun-Young;Lee, Han-Seung
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2010.05a
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    • pp.235-236
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    • 2010
  • Since many structures in the sea environment are damaged by chloride, appropriate repair strategy is required. Therefore in the paper, optimum period for the RC structure's repair is calculated with consideration of economic efficiency. Moreover, when the concrete members are repaired with the other material such as polymer mortar forr section restoration, their expected service life also calculated to predict more accurate repair period during the life span.

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User Interface Design for Life Cycle Cost Estimation System (LCC 산정 시스템의 사용자인터페이스 설계)

  • Yang, Hoe-Ryeong;Shin, Han-Woo;Kim, Tae-Hui
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2012.05a
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    • pp.149-150
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    • 2012
  • According to the increase of demand of the deteriorated building. The interest of the building's maintenance is continually increased, so studies about how to increase building's stability & prolonged life span are increased. This study's purpose is to maintain building's function, so we suggest a protocol type system of UI to estimate reasonable planning of demand of repair & replacement and to distribute budget.

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The Development of an Product Cost Estimation System at the Product Design Stage (제품 설계 단계에서의 제품 원가 추정 시스템 개발)

  • 한관희;박찬우;이규봉;황태일;김강용
    • Korean Journal of Computational Design and Engineering
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    • v.8 no.2
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    • pp.101-108
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    • 2003
  • Presented in this paper is the development of an product cost estimation system at the product design stage. The efficient cost estimation function at the design stage is essential for the cost reduction activities through the entire product life cycle. For this purpose, it is necessary to establish a systematic working procedure, and to develop information system for managing a great deal of production and product-related data required for the cost estimation. The developed system has the capability of estimating a cost of assembly type products as well as unit-item type products. As proposed system is based on the variant approach, it can be used easily at an early design stage without the need for detail design information. Also, this system is integrated with legacy PDM (Product Data Management) and ERP (Enterprise Resource Planning) system for fast. accurate and easy product cost estimation. The estimated cost includes material cost, overhead cost as well as labor cost.

Critical Issues in Assessing Feed-In Tariffs of Electricity from New and Renewable Energies (신.재생에너지이용 발전전력 기준가격 산정에서의 쟁점)

  • Kim, Eun-Il;Kim, Keon-Hoon
    • 한국신재생에너지학회:학술대회논문집
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    • 2008.05a
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    • pp.87-90
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    • 2008
  • Levelized generation cost(LGC) has been widely used in assessing feed-in tariffs(FiT) for electricity generating from new and renewable energies. Current FiTs for renewable electricity in Korea have been fixed and applied with realistic economic data by the efforts of KERI(Korea Electrotechnology Research Institute) since October 2006. Some critical issues on the estimation of LGC are, however, found in KERI's report. Major issues are the estimation of capital cost, the consideration of corporate tax, and the application of economic life cycle in the formulae for LGC. These critical issues are examined and interpreted in a correct way in this paper.

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Life Cycle Cost Estimation of Cleaning Robot for External Windows (유리창 외부 청소용 로봇의 생애주기비용 예측)

  • Kim, Kyoon-Tai;Jun, Young-Hun;Kim, Jeoung-Tae;Park, Kyeong-Ho
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2017.05a
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    • pp.272-273
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    • 2017
  • As businesses put a greater emphasis on outward appearances, the demand for external window cleaning has been on the rise. However, with the conventional labor-intensive window cleaning method, it is hard to meet this demand. Therefore, this study proposes a Life Cycle Cost (LCC) analysis model for a guiderail-type cleaning robot, and estimate the LCCs of the conventional method and the cleaning robot. The findings of this research are expected to serve as a guide for future development of a cleaning robot.

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Product Cost Estimation using Integrated BOM in PDM (PDM 환경에서 통합BOM을 사용한 제품원가추정)

  • 백종건;임석철
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.22 no.50
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    • pp.231-241
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    • 1999
  • Recent market competition forces the price to be determined in the design stage so that the design would meet the target price of the product. However, most commercial PDM(Product Data Management) systems currently in use lack such a cost estimation function. In this paper, we propose detailed structure and functions of a new approach to estimate the cost of new products using integrated BOM in PDM. Such system will reduce the total life cycle cost of the products to be designed.

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Cost Effectiveness of Bse-Isolation for Bridges in Low and Moderate Seismic Region (중저진 지역에서의 지진격리교량의 경제적 효율성에 관한 연구)

  • 고현무
    • Proceedings of the Earthquake Engineering Society of Korea Conference
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    • 1999.04a
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    • pp.178-185
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    • 1999
  • Minimum life-cycle cost helps to evaluate cost effectiveness of base-isolated bridges under specific condition. Life-cycle cost mainly consists of the initial construction cost and the expected damage cost. Damage cost estimation needs proper model of input ground motion failure probability evaluation method and limit states definition. We model the input ground motion as spectral density function compatible with the response spectra defined at each seismicity and site condition. Spectrum analysis and crossing theory is suitable for reseating calculation of failure probabilities in the process of cost minimization. Limit states of base-isolated bridges re defined for superstructure isolator and pier respectively The method is applied to both base-isolated bridges and conventional bridges under the same conditions to investigate cost effectiveness of base isolation in low and moderate seismic region. the results show that base-isolation of bridges are more effective in low and moderate seismic region and that the site effects on the economical efficiency may not be negligible in such a region.

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A Study for Determining Economic Life of KlAl Tank by Using the PRICE Model (PRICE모델을 이용한 KlAl전차의 경제수명 결정에 관한 연구)

  • 문태동;강성진
    • Journal of the military operations research society of Korea
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    • v.28 no.1
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    • pp.97-114
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    • 2002
  • An estimation of economic life for a new weapon system is a critical issue in aquisition process. In general a life cycle cost consists of, development cost, aquisition cost, and maintenance cost. These costs are not identified and obtained in the beginning of the aquisition process. This paper deals with an economic life for KlAl tank which is being deployed recently, using PRICE model. In order to estimate an KlAl economic life, we use equivalent annual cost method which is sum of capital recovering with return and equivalent O&M cost method. This method determines an economic life by minimizing annual investment cost and operation and maintenance cost. In this paper, an aquisition cost of KlAl is obtained from PRICE H and O&M cost from PRICE HL model. We obtained various results depending upon production quantity. An economic life for KlAl is estimated 18 years when 300 tanks are produced.

Stochastic analysis for Real Rate Interest of Building Life Cycle Cost(LCC) with Monte-Carlo Simulation (몬테카를로 시뮬레이션을 이용한 건축물 생애주기비용(LCC)의 실질할인율에 대한 확률론적 분석)

  • Kim, Bum-Sic;Jung, Young-Han
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2012.05a
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    • pp.161-163
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    • 2012
  • Recently on Value Engineering(VE) and Life Cycle Cost(LCC) social interests is increasing. The government Turn Key, BTL projects and public works projects, such as VE and LCC Analysis on the value and economic analysis is mandatory. And accordingly the VE and LCC analysis is underway for the various studies. However, there is a problem existing in the LCC analysis. Worth the cost varies according to the flow of time. However, the real interest rate during the LCC analysis of buildings in calculation time for interest rates and inflation are not considering the value of the flow. In other words, a few years using the average value of the deterministic analysis method has been adopted. These costs for the definitive analysis of the cost of an uncertain future, unforeseen changes resulting hazardous value. In this study of the last 15 years interest rates and inflation targeting by using Monte-Carlo Simulation is to perform probabilistic analysis. This potential to overcome uncertainties of the cost of building a more scientific and LCC Estimation of the probability value of the real interest rate is presented.

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