• Title/Summary/Keyword: Life-Cycle Cost

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Life-Cost-Cycle Evaluation Analysis of the Shunting Locomotive (입환기관차의 LCC 평가분석)

  • Bae Dae-Sung;Chung Jong-Duk
    • Journal of the Korean Society for Railway
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    • v.8 no.3
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    • pp.260-266
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    • 2005
  • The deterioration of a shunting locomotive was characterized for the lifetime assessment. The locomotive has been used for shunting works in steel making processes, and in this investigation, various types of technical evaluation methods for the locomotive parts were employed to assess the current deterioration status and to provide important clue for lifetime prediction. Unlike other rolling stocks in railway applications, the diesel shunting locomotive is composed of major components such as diesel engine, transmission, gear box, brake system, electronic devices, etc., which cover more than 70 percent of the total price of the locomotive. Therefore, in this paper, each part of major components in the diesel locomotive was analyzed in terms of the degree of deterioration. The lift-cycle-cost (LCC) analysis was performed based on the maintenance and repair history as compared with economical cost to provide the cost-effective prediction, i.e., to assess either repair for reuse or putting the locomotive out of service based on cost-effective calculation.

A Comparison Analysis of Life Cycle Cost (LCC) of Pumps - In the Focus on Comparison of Excellent and General Products in Water Industry - (Pump의 생애주기 비용(LCC) 비교 분석 - 물산업 우수제품과 일반제품의 비교를 중심으로 -)

  • Park, Woopyung;Choi, Yong;Jeon, Si Young;Kim, Jinho;Kang, Seongmi
    • Korean Journal of Construction Engineering and Management
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    • v.23 no.3
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    • pp.66-73
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    • 2022
  • In order to induce users to purchase excellent products in the water industry that satisfy the technical standards of excellent products, in this study, it is to present the advantages of the cost aspect of the pumps as the objective basis. It will be to promote technology development of domestic water companies and to create a virtuous cycle structure in the water industry. In order to present an objective basis for the merits in terms of cost, an economic evaluation was conducted through life cycle cost analysis. For the LCC analysis, initial cost (pump cost and installation cost), operation cost (energy cost and maintenance cost) and demolition cost (disposal cost and residual value) are searched and calculated. As the results of comparison on two capacity of pumps, the energy cost of the excellent pump is 212 million KRW lower than the that of general pump in the large pump. The cost of excellent pump was 17 million KRW lower than that of general pump in small capacity pump. As the results of sensibility test, if the product is developed in the direction of improving pump efficiency and increasing the replacement cycle of consumables, it is predicted that the effect on LCC will be large.

A Comparative Analysis of Life Cycle Cost on the Window Glass and the Insulation Film Coated Glass for Window (창호 유리의 단열필름 시공에 따른 생애주기비용 비교 분석)

  • Jeong, Mingu;Kim, Gwang-Hee
    • Journal of the Korea Institute of Building Construction
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    • v.14 no.6
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    • pp.583-590
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    • 2014
  • The purpose of this study is to analyze and compare the life cycle cost of window glass with insulation film and regular glass, to verify an economical window construction method. As an approach method, the thermal performance data of each type of glass was measured using Window 6.3 and ECO2-OD Simulation Program, applied it to the case building to calculate the air conditioning and heating maintenance costs and LCC, and compared the economic feasibility. As a result, installing an additional insulation film prevents the solar heat penetration in the summer, so it reduces the cooling cost, on the other hand, it increased heating cost in winter. From the life cycle cost perspective, the effect of cooling cost reduction does not counterbalance the increase in heating cost and the additional cost from film installation and repair; therefore, the installation of insulation film may not be a proper method.

Macro-level Methodology for Estimating Carbon Emissions, Energy Use, and Cost by Road Type and Road Life Cycle (도로 종류와 도로생애주기별 탄소배출량, 에너지소모량 및 비용에 대한 거시적 분석방법)

  • Hu, Hyejung;Baek, Jongdae
    • International Journal of Highway Engineering
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    • v.17 no.2
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    • pp.143-150
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    • 2015
  • PURPOSES : The authors set out to estimate the related carbon emissions, energy use, and costs of the national freeways and highways in Korea. To achieve this goal, a macro-level methodology for estimating those amounts by road type, road structure type, and road life cycle was developed. METHODS : The carbon emissions, energy use, and costs associated with roads vary according to the road type, road structure type, and road life cycle. Therefore, in this study, the road type, road structure type, and road life cycle were classified into two or three categories based on criteria determined by the authors. The unit amounts of carbon emissions and energy use per unit road length by classification were estimated using data gathered from actual road samples. The unit amounts of cost per unit road length by classification were acquired from the standard cost values provided in the 2013 road business manual. The total carbon emissions, energy use, and cost of the national freeways and highways were calculated by multiplying the road length by the corresponding unit amounts. RESULTS: The total carbon emissions, energy use, and costs associated with the national freeways and highways in Korea were estimated by applying the estimated unit amounts and the developed method. CONCLUSIONS: The developed method can be employed in the road planning and design stage when decision makers need to consider the impact of road construction from an environmental and economic point of view.

Development of Bridge Management System for Next Generation based on Life-Cycle Cost and Performance (생애주기 비용 및 성능을 고려한 차세대 교량 유지관리기법 개발)

  • Park, Kyung-Hoon
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2007.11a
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    • pp.167-174
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    • 2007
  • This study proposes a practical and realistic method to establish an optimal lifetime maintenance strategy for deteriorating bridges by considering the life-cycle performance as well as the life-cycle cost. The proposed method offers a set of optimal tradeoff maintenance scenarios among other conflicting objectives, such as minimizing cost and maximizing performance. A genetic algorithm is used to generate a set of maintenance scenarios that is a multi-objective combinatorial optimization problem related to the and the life-cycle cost and performance as separate objective functions. A computer program, which generates optimal maintenance scenarios, was developed based on the proposed method. The subordinate relation between bridge members has been considered to decide optimal maintenance sequence. The developed program has been used to present a procedure for finding an optimal maintenance scenario for steel-girder bridges on the Korean National Road. Through this bridge maintenance scenario analysis, it is expected that the developed method and program can be effectively used to allow bridge managers an optimal maintenance strategy satisfying various constraints and requirements.

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Integrated Optimum Design and Cost Effectiveness Evaluation of Viscoelastically Damped Building Structures based on Life-Cycle Cost Minimization (생애주기비용 최소화에 의한 점탄성감쇠기 장착 빌딩구조물의 통합최적설계 및 비용효율성 평가)

  • Park, Kwan-Soon;Hahm, Dae-Gi;Koh, Hyun-Moo
    • Journal of the Earthquake Engineering Society of Korea
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    • v.9 no.2 s.42
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    • pp.17-27
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    • 2005
  • This paper presents an integrated optimum design and a cost effectiveness evaluation method of a viscoelastically damped structural system. The criterion selected for the optimization is the minimization of the life?cycle cost which is a function of structural sizing variables and the amount of the viscoelastic damper. A genetic algorithm is used as a numerical searching technique in order to simultaneously find the optimum parameters of the integrated system. Optimal distributions of design variables according to various seismic characteristics are investigated by applying the proposed design method to a numerical example of a 10?story building structure. The cost effectiveness of viscoelastically damped structural system is also evaluated by comparing the life-cycle cost of the structure without viscoelastic dampers. The results show that the viscoelastic damper is effective in a region of low to moderate seismicity.

A Study on Life Cycle Cost Analysis of Latex Modified Concrete Pavement for Bridges (LMC 교면 포장 공법의 생애주기비용분석에 관한 연구)

  • Cho, Hyo-Nam;Choi, Hyun-Ho;Jung, Pyoung-Ki;Lim, Jong-Kwon
    • Journal of the Korea institute for structural maintenance and inspection
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    • v.5 no.4
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    • pp.185-195
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    • 2001
  • Latex Modified Concrete(LMC) has been widely used for the pavement of highway bridges over the past 35years around the world since it is more resistant to the intrusion of chloride ions, has higher tensile, compressive, and flexural strength, and has greater freeze-thaw resistance. However, in Korea, it has not been introduced to fields due to higher initial construction cost for its overlay compared with that of conventional pavement materials. Due to durable characteristics, it should be noted that the LMC may be more cost-effective than conventional pavements such as asphalt pavement, when life-cycle cost(LCC) concept is considered. The objective of this study is intended to suggest a practical LCC analysis model for pavement projects and to demonstrate relative cost-effectiveness of the LMC overlays in comparison with conventional pavement techniques. It may be stated that the procedure proposed in this study may be utilized for making optimal decision on cost-effective pavement design.

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Life Cycle Cost Analysis at Design Stage of Cable Stayed Bridges based on the Performance Degradation Models (성능저하모델에 기초한 사장교의 설계단계 생애주기비용 분석)

  • Koo, Bon Sung;Han, Sang Hoon;Cho, Choong Yuen
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.33 no.5
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    • pp.2081-2091
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    • 2013
  • Recently, the demand on the practical application of life-cycle cost effectiveness for design and rehabilitation of civil infrastructure is rapidly growing unprecedently in civil engineering practice. Accordingly, in the 21st century, it is almost obvious that life-cycle cost together with value engineering will become a new paradigm for all engineering decision problems in practice. However, in spite of impressive progress in the researches on the LCC, the most researches have only focused on the Deterministic or Probabilistic LCC analysis approach and general bridge at design stage. Thus, the goal of this study is to develop a practical and realistic methodology for the Life-Cycle Cost LCC-effective optimum decision-making based on reliability analysis of bridges at design stage. The proposed updated methodology is based on the concept of Life Cycle Performance(LCP) which is expressed as the sum of present value of expected direct/indirect maintenance costs with expected optimal maintenance scenario. The updated LCC methodology proposed in this study is applied to the optimum design problem of an actual highway bridge with Cable Stayed Bridges. In conclusion, based on the application of the proposed methods to an actual example bridge, it is demonstrated that a updated methodology for performance-based LCC analysis proposed in this thesis, shown applicably in practice as a efficient, practical, process LCC analysis method at design stage.

Life-Cycle Analysis of Nuclear Power Plant with Seismic Isolation System (면진장치 적용을 고려한 원전구조물 생애주기 분석)

  • Kim, Sunyong;Lee, Hong-Pyo;Cho, Myung-Sug
    • Journal of the Computational Structural Engineering Institute of Korea
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    • v.26 no.6
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    • pp.415-421
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    • 2013
  • In order to extend the service life of a nuclear power plant(NPP) ensuring the structural safety, effective and efficient management of NPP considering structural deteriorations and various natural hazard risks has been treated as a significant tool(IAEA 1998). The systemic efforts is required to prevent the potential loss of NPPs resulting from the natural hazard including earthquakes, hurricane and flooding since the Fukushima accident. Earthquake risk of building structures can be mitigated through appropriate seismic isolation system installation. It has been known that a seismic isolation system can lead to reduction of the deleterious effect on ground motion induced by earthquakes, and structural safety can be improved. In this paper, the NPP life-cycle management is reviewed. Furthermore, effect of seismic isolation on the NPP life-cycle cost analysis with earthquake, and cost-benefit analysis in terms of life-cycle cost when applying the seismic isolation systems to NPP are introduced.

Fuel economy and Life Cycle Cost Analysis of Fuel Cell Hybrid Vehicle (연료전지 하이브리드 자동차의 연료 경제성 및 Life cycle 비용 분석)

  • Jung, Kwi Seong;Oh, Byeong Soo
    • Journal of Hydrogen and New Energy
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    • v.13 no.4
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    • pp.287-296
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    • 2002
  • 현재 자동차의 문제점을 해결할 수 있는 가장 착실한 엔진은 수소를 이용한 연료 전지라고 판단된다. 연료전지는 화학적 에너지를 전기적 에너지로 직접 변환하는 장치이다. 순수한 연료전지 차량과 연료전지 하이브리드 차량을 비교 분석하였다. 연료전지 하이브리드 차량에서 고려하여야할 점은 효율, 연료경제성, 출력 특성 등이 있다. FUDS 싸이클 시뮬레이션 비교를 하면 하이브리드화가 순수 연료전지 차량 보다 효율이 높다. 이는 회생 제동 에너지를 이용할 수 있으며 battery를 이용하여 연료전지를 효율적인 영역에서 작동하게 할 수 있기 때문이다. Life cycle 비용은 연료전지의 크기, 연료전지의 가격, 수소의 가격 등에 지배적인 영향을 받는다. 연료전지의 가격이 고가이면 하이브리드화가 유리하나, 연료전지의 가격이 400$/kW 이하가 되면 순수한 연료전지 자동차가 비용면에서 유리 하다.