• Title/Summary/Keyword: Life Cycle Cost Estimation

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Comparison of the Incineration Processes of Domestic Wastes Based on Life Cycle Assessment (생활폐기물(生活廢棄物) 소각(燒却) 처리공정(處理工程)의 전과정(全科程) 평가(平價)에 의한 비교(比較))

  • Jung, Woo-Jung;Lee, Sang-Don;Kim, Dong-Su
    • Journal of Environmental Impact Assessment
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    • v.14 no.6
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    • pp.443-453
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    • 2005
  • For the purpose of the comparative environmental estimation of the incineration processes for domestic wastes, environmental impacts for several incineration processes for one ton of domestic wastes have been estimated by employing life cycle assessment as the environmental impact assessment method. The scheme of minimum production of environmental pollutants has been considered for three different incineration processes. The evaluation for latent influence on environment was carried out by using CML(Center of Environmental Science) method which was developed by University of Leyden in Netherlands based on the equivalency factor suggested by Korea Accreditation Board. The result of life cycle assessment has showed that the total cost analysis according to the amount of incinerating waste was dependent on the operating conditions of incineration process. In addition, the annual running cost for the incineration of one ton of wastes was estimated to be negatively dependent on the amount of wastes. The degree of environmental pollution was mainly due to the kinds of the wastes rather than by the amount of wastes.

A Study on Reliability Analysis & Determination of Replacement Cycle of the Railway Vehicle Contactor (철도차량 접촉기의 신뢰성 분석 및 교환주기 결정에 대한 연구)

  • Park, Minheung;Rhee, Sehun
    • Journal of Applied Reliability
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    • v.17 no.4
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    • pp.316-324
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    • 2017
  • Purpose: The purpose of this study is to determine the replacement cycle applied age replacement policy by reliability analysis based on railway vehicle contactor's failure history data. Method: We performed reliability analysis based on railway vehicle contactor's failure history data. We found a suitable distribution by goodness of fit test and predicted the reliability through estimation of scale & shape parameter. Considering cost information we determined the replacement cycle that minimize the opportunity cost. Result: Suitable distribution was the Weibull and scale parameter & shape parameter are estimated by reliability analysis. The replacement cycle was predicted and MTTF, $B_6$ percentile life were suggested additionally. Conclusion: We confirmed that failure rate type of railway vehicle contactor is degradation model having a time dependent characteristic and examined the replacement cycle in our country's operating environment. We expect that this study result contribute to railway operation agency for maintenance policy decision.

A Study on Proper Maintenance Level Selection of Track Ballast Structures Using LCC Analysis (LCC분석을 통한 궤도도상구조의 적정 유지관리수준 선정에 관한 연구)

  • An, Kook;Lee, Ho-Yeol;Chu, Jang-Sik;Park, Mi-Yun;Lim, Jong-Kwon
    • Proceedings of the KSR Conference
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    • 2008.06a
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    • pp.232-237
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    • 2008
  • Several research institutes including KISTEC and KRRI etc., recently, have studied maintenance activities and performance, in order to determine proper maintenance level and maintenance cost of rail tracks. But it may extremely difficult to make a decision in maintenance matters of concrete track and ballast containing other sub-components. For these reasons, this study investigate variables related to current maintenance, essential maintenance, and preventive maintenance. It is intended to suggest estimation method of proper maintenance cost maximizing rail track performance. It is stated that proposed approach may be very useful to make a decision of proper maintenance level. Typical section of rail track is applied for calculation of life cycle cost according to each maintenance strategy. A proper profile for maintenance is determined minimum life cycle

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Analysis of the Life Cycle Cost for the Ballasted Track and the Concrete Track Structures (자갈도상과 콘크리트도상 궤도구조의 생애주기비용 분석)

  • Baek, Jae-Wook;Song, Yoo-Seob;Park, Tae-Hyo
    • Proceedings of the KSR Conference
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    • 2006.11b
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    • pp.1299-1305
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    • 2006
  • In this paper, the objective is an evaluation of economics using Life Cycle Cost(LCC) analysis for the ballasted track and the concrete track. However, since the absence of reliable data on maintenance activities, the degree of a reliability about the results of the LCC analysis is insufficient yet. In order to remedy the problems, we surveyed a professional research group for an approximate estimation which can be represented a degree of maintenance through a application of examples. Hereby we found that it is possible to expect the retrenchment of cost using preventive maintenance management. Moreover we proposed appropriate and economical restrictions between track structures.

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A Model for Software Maintenance Cost Estimation based on Productivity (생산성 기반의 소프트웨어 유지보수 대가산정 모델)

  • Bae, Joon-Soo
    • IE interfaces
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    • v.17 no.spc
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    • pp.122-130
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    • 2004
  • Since the cost of software maintenance occupies about 50~75% in a general successful organization, the software maintenance plays an important role in software life cycle. In particular, if the managed system needs to be operated in a long term or the system is very large and complex, then the maintenance is especially more important. Software maintenance is defined as software modification activities after customer delivery, such as improvement of performance or functionality, error correction, adaptation to environmental changes, etc. In this paper, software cost estimation models are proposed, that is based on productivity of manpower in maintenance projects. In order to do this, the activities of maintenance are classified into function change, non-function change, user support and application operation. The proposed models are constructed and verified based on the real size and cost information of projects in the real world. The approach in this paper is to discriminate the heterogeneous activities in maintenance projects, and then to calculate the respective cost of each discriminated activity. By using the proposed models, the total cost of maintenance project is summed from the costs of four activities. In addition the number of conflicts between owner and order receiver about the amount of cost will be reduced and the reasonable cost estimation system will be established.

A Study on Work Development Direction of Cost Analysis through Cost Analysis of Micro Satellite (초소형위성 비용분석 사례연구를 통한 비용분석 업무발전 방향에 대한 고찰)

  • Lee, Tae Hwa
    • Journal of Korean Society for Quality Management
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    • v.51 no.3
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    • pp.461-479
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    • 2023
  • Purpose: It emphasizes the importance of cost analysis for weapons systems that require enormous develop- ment costs, analyzes the problems of cost analysis steps from a practical point of view, and presents the direction of business development in terms of cost analysis reliability, timeliness, and efficiency. Methods: It analyzes the R&D cost of Micro satellites with a complex cost structure and large scale according to engineering estimation procedures, derives major analysis step-by-step problems, and presents business development directions. Results: Problems with standards and assumptions, data collection, cost division structure, and cost estimation methods were derived through the micro satellite cost analysis process, and business development directions such as expanding common standards, standardizing basic data, standardizing cost division structures and cost items, and data asset were presented. Conclusion: In order to develop work in terms of cost analysis reliability, timeliness, and efficiency, it is important to prepare and standardize standards and rules for detailed tasks at each analysis stage, and through this, it is expected that high utilization value and systematic cost data will be assetized in the future.

A Study on Railway Transportation Business Cost Estimation & Decision Supporting Methods using Simulation Data (시뮬레이션을 활용한 철도교통사업 비용 추산 및 의사결정 지원 방법 연구)

  • Chang, Suk;Nam, Do Woo;Sim, Jeong Hwan;Kim, Dong Hee
    • Journal of the Korea Society for Simulation
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    • v.29 no.4
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    • pp.85-94
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    • 2020
  • In determining the feasibility of planning and launching railway transportation projects, various decision-making processes are essentially required. LCC(Life Cycle Cost) value including total construction cost and operation cost is estimated in approximation Model with rough guideline. In this study, modeling and simulation-based analysis method is proposed to support the decision making process of railroad transportation and derivation of LCC. Firstly, cost analysis model was constructed by collecting various existing rail transportation business data to enable analyze based on numerical data, and the result were analyzed by DOE(Design Of Experiments) and RSM (Response Surface Method) simulation. Professional commercial software tools were used for effective model construction and simulation. In order to verify the research results, the actual railroad transportation projects were selected, and the results of the analysis were compared.

Applications of bridge information modeling in bridges life cycle

  • Marzouk, Mohamed M.;Hisham, Mohamed;Al-Gahtani, Khalid
    • Smart Structures and Systems
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    • v.13 no.3
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    • pp.407-418
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    • 2014
  • The purpose of this paper is to present an Integrated Life Cycle Bridge Information Modeling that can be used throughout different phases of the bridge life cycle including: design, construction, and operation and maintenance phases. Bridge Information Modeling (BrIM) has become an effective tool in bridge engineering and construction. It has been used in obtaining accurate shop drawings, cost estimation, and visualization. In this paper, BrIM is used as an integrated tool for bridges life cycle information modeling. In the design phase, BrIM model can be used in obtaining optimum construction methods and performing structural advanced analysis. During construction phase, the model selects the appropriate locations for mobile cranes, monitors the status of precast components, and controls documents. Whereas, it acts as a tool for bridge management system in operation and maintenance phase. The paper provides a detailed description for each use of BrIM model in design, construction, and operation and maintenance phases of bridges. It is proven that BrIM is an effective tool for bridge management systems throughout their life phases.

Performance Evaluation and Economic Estimation of Ground Source Heat Pump Cooling and Heating System (지열 냉난방 시스템의 성능 및 경제성 평가)

  • Lim Hyo Jae;Song Yoon Seok;Kong Hyoung Jin;Park Seong Koo
    • Journal of Energy Engineering
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    • v.13 no.4
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    • pp.296-300
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    • 2004
  • Performance evaluation and economic estimation were conducted on the water to water GSHP (Ground Source Heat Pump) installed in existing building. Ground heat exchanger was a closed vertical loop type and sized to be 5 boreholes and 100m depth per borehole. Operation efficiency of the system shows that, COP increased from 3.0 to 4.2 with entering water temperature in heating operation, however, COP decreased from 5.0 to 3.7 in cooling operation. Economic estimation was analyzed by LCC (Life Cycle Cost) method and it showed that GSHP could save 68% of cost compare to the conventional oil source. Thus, despite of the large amount of initial cost, GSHP has a economic advantage to the other energy sources.

ECONOMIC VIABILITY TO BeO-UO2 FUEL BURNUP EXTENSION

  • Kim, S.K.;Ko, W.I.;Kim, H.D.;Chung, Yang-Hon;Bang, Sung-Sig;Revankar, Shripad T.
    • Nuclear Engineering and Technology
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    • v.43 no.2
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    • pp.141-148
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    • 2011
  • This paper presents the quantitative analysis results of research on the burnup effect on the nuclear fuel cycle cost of BeO-$UO_2$ fuel. As a result of this analysis, if the burnup is 60 MWD/kg, which is the limit under South Korean regulations, the nuclear fuel cycle cost is 4.47 mills/kWh at 4.8wt% of Be content for the BeO-$UO_2$ fuel. It is, however, reduced to 3.70 mills/kWh at 5.4wt% of Be content if the burnup is 75MWD/kg. Therefore, it seems very advantageous, in terms of the economic aspect, to develop BeO-$UO_2$ fuel, which does not have any technical problem with its safety and is a high burnup & long life cycle nuclear fuel.