• Title/Summary/Keyword: Life Cycle Cost Estimation

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Performance Estimation and Maintenance Method for Road Pavement Sections (국도 포장의 장기 공용성 추정 및 유지관리 방안)

  • Lee, Young-Uk;Do, Myung-Sik;Lee, Jong-Dal;Jang, Min-Keun
    • 한국방재학회:학술대회논문집
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    • 2007.02a
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    • pp.125-129
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    • 2007
  • In this paper, a PMS(Pavement Management System) application is presented to control the LCC(Life Cycle Cost) of road pavement. The aim of this paper is to provide the decision makers with the planning information regarding maintenance strategies for efficient road pavement management. The validity of PMS application presented in this paper is investigated through case studies for conducted for 22 national highway road sections in Korea.

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Evaluation of Maintenance Quantity and Life Cycle Costs of Railway Track Considering Evolution of Rail Fatigue Damage and Ballast Settlement According to Track Quality Level (궤도 품질수준에 따른 레일 피로 손상과 자갈 침하 진전을 고려한 철도 궤도 보수량 및 수명주기비용 평가)

  • Jun-Hyuck Choi;Seung-Yup Jang;Seung-Won You;Do-Yeop Kim;Hyung-Jo Kim
    • Journal of the Korea institute for structural maintenance and inspection
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    • v.28 no.4
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    • pp.37-47
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    • 2024
  • This study proposes a track maintenance quantity estimation model that considers evolution of rail fatigue damage and ballast settlement based on actual maintenance data from the Gyeongbu high-speed railway, and revises the existing life cycle cost (LCC) model for railway track. Using this model, maintenance quantities and life cycle costs based on different track quality levels are evaluated and discussed. According to the results, it is confirmed that applying the track maintenance quantity estimation model that accounts for rail fatigue damage and ballast settlement allows us to reasonably estimate maintenance costs close to the actual data. The track quality coefficient significantly influences both rail and ballast maintenance quantities, with ballast maintenance having a greater impact than rail maintenance. Additionally, as train speed increases, both rail and ballast maintenance quantities rise. Moreover, a higher track quality coefficient leads to a steeper increase in maintenance quantities with increasing train speed. Consequently, LCC also exhibits a faster growth rate over time with higher track quality coefficients and faster train speeds, resulting from an increased proportion of maintenance costs.

Improved Function Point Measurement Model for Software Size Estimation (소프트웨어 규모 산정을 위한 개선된 기능 점수 측정 모델)

  • Jung, In-Yong;Woo, Doug-Je;Park, Jin-Hyeong;Jeong, Chang-Sung
    • Journal of Internet Computing and Services
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    • v.10 no.4
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    • pp.115-126
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    • 2009
  • A software size estimation has to be analyzed in the beginning of the software life-cycle and helpful to the prediction of its size and cost. The software cost has been calculated by estimating software size from the user's point of view since the function point method based on international standards was introduced for the estimation of software size in 2004. However, the current function point method is not easy to be exploited for unfamiliar user, and has a problem that it cannot estimate the proper size for software such as engineering software, scientific calculations and simulation with complicated internal computational logic. This paper presents an improved model which can simplify the existing function point measurement procedure, and perform the estimation of software size in easy and fast way at the initial stage of project. Moreover, it presents a mathematical weighted value calculation model which can solve the problem of the fixed complexity weighted value and reflect the characteristics of organization as its data is pilled up. Our evaluation shows that the presented model has advantage that it can measure the size more rapidly than the existing FPA methods and has more correlation with LOC.

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Life Cycle Cost Estimation for Jangbogo-II Submarines based on Modeling and Simulation Methodologies (M&S기법을 활용한 장보고 II급 잠수함 수명주기비용 추정)

  • Ahn, Jae-Kyoung;Choi, Bong-Wan;Lee, Yong-Kyu
    • IE interfaces
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    • v.23 no.3
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    • pp.221-228
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    • 2010
  • With the development of science and technology, modern submarines are equipped with high technology devices and multi-functioned precise armaments, consequently, acquisition cost as well as maintenance cost of the submarines are getting higher and higher. However, tight defense budget forces navy to significantly reduce military operating and maintenance costs. In this study, the maintenance and operating costs of submarine Jangbogo-II are estimated through M&S (Modeling and simulation) methodologies in order to reasonably and consistently work out the requirement verification system of Jangbogo-II. The maintenance and operating costs of Jangbogo-II along the next 25 years are estimated as 312.65 billion won via engineering analysis methods while 312.69 billion won from PRICE Model, which shows only 0.04 billion won differences as a whole. This study is expected to be able to provide meaningful decision making data for not only short and/or mid term operating planning but military budgeting.

A Models of Economic Analysis in Safety Diagnosis for Remodeling Strategies of Apartment Housing (공동주택의 리모델링 전략을 위한 안전진단의 경제성분석 모델)

  • Seo Kwang-Jun;Choi Mi-Ra;Shin Nam-Soo
    • Korean Journal of Construction Engineering and Management
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    • v.6 no.4 s.26
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    • pp.164-171
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    • 2005
  • The importance of the life cycle cost analysis(LCCA) for apartment housing remodeling projects has been fully recognized over the last decade. Accordingly theoretical models, guidelines, and supporting software systems were developed for the life cycle cost analysis of apartment housing remodeling systems. However, the level of consensus on LCCA results is still low due to the lack of reliable data on remodeling activities for safety diagnosis. in order to predict the reliability based LCCA of the given case, suggested the remodeling strategies level after reviewing other related materials. Apply the real information of the economic index. And based on such analytical measures, remodeling and operation cost and LCC in remodeling strategies level have been predicted; suggests the basic information about remodeling interventions level for the apartment housing. The LCC analysis models and the fuzzy logic based safety assessment presented in this study can greatly contribute to the value-oriented design alternative selection, estimation of the economic analysis, and the allocation of budget for apartm.

Development of Korean Life Cycle Cost Analysis Model for Road Pavement Asset Management (도로포장자산관리를 위한 한국형 생애주기비용 모형 개발)

  • Han, Daeseok;Do, Myungsik
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.33 no.4
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    • pp.1639-1650
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    • 2013
  • Road pavement management is an important activity that affects to national economy, movement and safety of people, and also demands huge amount of budget. Therefore, its management strategy must be established under objective information. In addition, decision support system that produces the management strategy needs to consider practical benefits from various aspects. Considering these aspects, this paper aimed to develop a customized Korean life cycle cost analysis model estimating various effects on road users and socio-environmental costs based on pavement condition. The suggested LCCA model focused on Korean national highway, and tried to adopt a national guideline recommended by Korean government for securing credibility of estimation results. In the development processes, some of the suggestions that do not fit well in the situations of pavement management field were added, altered, or partially modified. These attempts to develop customized asset management system would be an important step to break away from passive attitudes relying on ready-made software, but also to improve awareness about the social benefits from the better maintenance strategy.

A Model of Time Dependent Design Value Engineering and Life Cycle Cost Analysis for Apartment Buildings (공동주택의 시간의존적 설계VE 및 LCC분석 모델)

  • Seo, Kwang-Jun;Choi, Mi-Ra;Shin, Nam-Soo
    • Korean Journal of Construction Engineering and Management
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    • v.6 no.6 s.28
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    • pp.133-141
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    • 2005
  • In the resent years, the importance of VE (value engineering) and LCC (life cycle cost) analysis for apartment building construction projects has been fully recognized. Accordingly theoretical models, guidelines, and supporting software systems were developed for the value engineering and life cycle cost analysis for construction management including large building systems. However, the level of consensus on VE and LCC analysis results is still low due to the lack of reliable data on maintenance. This paper presents time dependent LCC model based value analysis method for rational investment decision making and design alternative selection for construction of apartment building. The proposed method incorporates a time dependent LCC model and a performance evaluation technique by fuzzy logic theory to properly handle the uncertainties associated with statistics data and to analyze the value of alternatives more rationally. The presented time dependent VE and LCC analysis procedure were applied to a real world project, and this case study is discussed in the paper. The model and the procedure presented in this study can greatly contribute to design value engineering alternative selection, the estimation of the life cycle cost, and the allocation of budget for apartment building construction projects.

A Study on the Prediction of Weapon System Availability Using Agent Based Modeling and simulation (에이전트 기반 모델링 및 시뮬레이션을 이용한 무기체계 가용도 예측에 관한 연구)

  • Lee, Se-Hoon;Choi, Myoung-Jin
    • Journal of Korea Society of Digital Industry and Information Management
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    • v.17 no.1
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    • pp.25-34
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    • 2021
  • Availability is one of the important factor for developing weapon system, because it indicates the mission capability and sustainable life cycle management of weapon system. Recently, as weapon system becomes more advanced and more complex, availability estimation becomes more important to reduce the life cycle cost of weapon system. Modeling and simulation(M&S) is useful method to describe the availability of complex weapon system applying operational environment and maintenance plan. Especially agent based model(ABM) has the strength to describe interactions between agents and environments in complex system. Therefore, this paper presents the availability estimation of weapon system using agent based model. The sample data of part list and reliability analysis is applied to build availability estimation model. User agent and mechanic agent are developed to illustrate the behavior of operation and maintenance using formal specification. Storage reliability is applied to describe failure of each parts. The experimental result shows that this model is quite useful to estimate availability of weapon system. This model may estimate more reasonable availability, if full scale data of weapon system and real field data of operation is provided.

Development of Pavement Management System for Highway Maintenance (국도유지관리를 위한 포장관리시스템 개발에 관한 연구)

  • Lee, Young-Wook;Do, Myung-Sik;Lee, Jong-Dal
    • International Journal of Highway Engineering
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    • v.9 no.4
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    • pp.159-169
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    • 2007
  • In this paper, a PMS(Pavement Management System) is presented for the public agency who wish to execute rational repair by referring to asset management information regarding road pavement. The aim of the paper is to provide the decision makers with the planning information regarding maintenance strategies for efficient road pavement management. We found that life cycle cost can be minimized and repair cost in each year fluctuates when repeating repair at the IRI management level. The validity of PMS application presented in this paper is investigated through case studies for conducted for 22 national highway road sections in Korea.

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Development of maintenance cost estimation method considering bridge performance changes (교량 성능변화를 고려한 유지관리비용 추계분석 방법 개발)

  • Sun, Jong-Wan;Lee, Huseok;Park, Kyung-Hoon
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.19 no.12
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    • pp.717-724
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    • 2018
  • To prepare for the explosive increase in maintenance costs of bridges according to the aging of infrastructure, future maintenance costs of bridges should be predicted. For this purpose, the management status of bridges was investigated and modeled as the upper limit of the performance level and the target management level according to the life cycle. This paper proposes methodologies and procedures for estimating the bridge maintenance costs using two models and existing cost and performance prediction models that consist of unit repair cost model according to the safety score, performance degradation model of bridges, unit reconstruction cost, and average reconstruction time. To verify the applicability, future maintenance costs can be forecasted for specific management agency considering the number of bridges, degree of aging, and current management status. As a result, it is possible to obtain the maintenance cost and safety level of an individual bridge level for each year. In addition, by summing them up to the agency level, the average safety score, ratio of the safety level, inspection costs, repair costs, and reconstruction costs can be obtained. In a further study, the changes in maintenance costs can be analyzed according to the changes in the target management levels using the developed method. The optimal management level can be suggested by reviewing the results.