• Title/Summary/Keyword: Life-Cycle Cost (LCC)

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LCC Analysis to Determine an Appropriate Apartment Rent Rate for HVAC System Renovation Projects

  • Kim, Dae Young;Lim, Hyoung-Chul
    • Journal of Korea Society of Industrial Information Systems
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    • v.20 no.5
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    • pp.107-115
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    • 2015
  • Residential building owners are turning toward renovating their existing buildings to improve old and inefficient HVAC systems. Due to the renovation, much of the added costs will inevitably be passed on to tenants by increasing rent rates. This increment often increases the vacancy rate in the buildings. To balance the interests of both owners and tenants, this paper suggested a method to determine an appropriate rental rate increment for the HVAC system renovation. A case study on residential buildings was conducted to determine a balanced point where the rental rate increment that offsets the amount tenants are willing to pay for the renovation. To calculate all costs incurred by the renovation, life-cycle cost analysis was carried out. Therefore, this paper ultimately provides a threshold value of rental rate increment such that building owners can make a reasonable decision on the HVAC system renovation.

Analysis of Road Pavement Condition and Structural Improvement Plan (서울시 도로포장 상태에 대한 분석 및 구조적 개선방안)

  • Bae, Yoon-Shin;Shin, Kyoung-Yub
    • Journal of the Society of Disaster Information
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    • v.8 no.2
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    • pp.119-137
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    • 2012
  • In this study, the damages and condition of road pavement were analyzed using pavement management system (PMS) for the structural improvement. Problems of road pavement management were issued by in-depth interview with workers in charge of plant, construction and supervision. By surveying advanced road pavement management, the way how to improve road pavement management in Seoul was discussed. In conclusion, it is necessary to take measures against road heavy traffic and heavy rain in summer. It was found that the problem of early damages of road pavement due to uniform layout with analyzing life cycle cost (LCC). According to the results of survey, it was suggested to strength practical training and to control precisely the temperature of pavement in the process of production and construction.

Analysis of Boundary Conditions for Cost Breakdown Structure in the Construction and Maintenance phase (시공단계와 유지관리단계 비용분류체계의 경계조건 분석)

  • Jeong, Jae-Hyuk;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.21-23
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    • 2012
  • The process of building project for planning, designing, construction, maintenance, and waste disposal are related with each other. However, we have a difficulty for estimating building's LCC due not to be flexible each other. Therefore, we analyzed the boundary condition between the process of construction and maintenance, and analyzed the factor of segment. We also suggested the Link System for flexible relation.

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A Study on Comparison of Slope Revegetation Methods Through Value Engineering Analysis (가치공학분석을 통한 비탈면녹화공법 비교에 관한 연구)

  • Kim, Nam-Choon;Kim, Do-Hee
    • Journal of the Korean Society of Environmental Restoration Technology
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    • v.13 no.1
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    • pp.93-102
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    • 2010
  • Greening sometimes fails because its method is not suitable for various site conditions, therefore the trend of selecting a revegetation method in Korea today is through test construction. However, due to enlargement, complication and diversification of domestic construction businesses, the importance of VE is gradually increasing as effective efforts over a whole life-cycle to obtain goals such as quality improvement and cost reduction, and not only quality and economic efficiency but also substantiality need to be considered in comparing revegetation methods. For this study, Sungnam~Janghowon (area1), where comparatively various slope revegetation methods are used, was selected the investigation site. The site was divided into three areas:blasting rock, ripping rock and earth sand. The revegetation methods used were six in the blasting rock area, five in the ripping rock area, and two in the earth sand region. 2007 monitoring data was analyzed, and Value (V) was calculated with LCC related ratio, and compared and contrasted with the evaluation of prior revegetation methods. Therefore it is believed that this analysis enables selection of the most appropriate method, unbiased towards one particular characteristic such as quality, vegetation growth and economy. When aiming for a durable effect, it shall be more efficient to select the most appropriate method focusing on LCC analysis, which deals with the economic aspect, as well as the design function aspect.

Probabilistic optimal safety valuation based on stochastic finite element analysis of steel cable-stayed bridges

  • Han, Sung-Ho;Bang, Myung-Seok
    • Smart Structures and Systems
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    • v.10 no.2
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    • pp.89-110
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    • 2012
  • This study was intended to efficiently perform the probabilistic optimal safety assessment of steel cable-stayed bridges (SCS bridges) using stochastic finite element analysis (SFEA) and expected life-cycle cost (LCC) concept. To that end, advanced probabilistic finite element algorithm (APFEA) which enables to execute the static and dynamic SFEA considering aleatory uncertainties contained in random variable was developed. APFEA is the useful analytical means enabling to conduct the reliability assessment (RA) in a systematic way by considering the result of SFEA based on linearity and nonlinearity of before or after introducing initial tensile force. The appropriateness of APFEA was verified in such a way of comparing the result of SFEA and that of Monte Carlo Simulation (MCS). The probabilistic method was set taking into account of analytical parameters. The dynamic response characteristic by probabilistic method was evaluated using ASFEA, and RA was carried out using analysis results, thereby quantitatively calculating the probabilistic safety. The optimal design was determined based on the expected LCC according to the results of SFEA and RA of alternative designs. Moreover, given the potential epistemic uncertainty contained in safety index, failure probability and minimum LCC, the sensitivity analysis was conducted and as a result, a critical distribution phase was illustrated using a cumulative-percentile.

Life Cycle Cost & Reliability Analysis of Quaywall Design Parameters (안벽 설계변수의 신뢰성 해석과 생애주기비용 분석)

  • Kim, Hong-Yeon;Yoon, Gil-Lim;Yoon, Yeo-Won
    • Proceedings of the Korean Geotechical Society Conference
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    • 2008.10a
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    • pp.508-518
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    • 2008
  • Reliability and sensitivity analysis of the design parameters for a section of caisson type quaywall which is the most applicable in Korea were performed. It was tried to estimate probabilities of failure for the system of the multiple failure modes and to analyze LCC in the quaywall structure. The reliability analysis was performed by FORM. Also, sensitivity indices were estimated using the reliability indices, which may be used inferring effects of each design parameter on the reliability indices. As a result, the coefficient of friction between caisson and rubble, the moment by self weight and the moment of resistance mostly affected on the reliability indices in the sliding, overturning and foundation failure, respectively. System reliability theorem was applied in order to estimate the probabilities of failure for the system of the multiple failure modes. As the results of estimation of the probabilities of failure for the system, all cases were more conservative than those for the elements, according to both failure mode and load combination applied to series system. It entirely exceeded the target reliability index, but it was consistent with the theorem. According to the optimum LCC with the width of the caisson, the probability of failure exceeded the target probability of failure at then time. Therefore, it was judged to be insufficient to the practical application.

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Status of Economics Analysis Using LCC in Turn-Key Project : Focus on Landscape Architecture (설계시공일괄발주(턴키) 설계에서 LCC를 활용한 경제성 분석 실태: 조경분야를 중심으로)

  • Yoon, Yong-Han;Kim, Jeong-Ho
    • Journal of Environmental Policy
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    • v.10 no.4
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    • pp.39-59
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    • 2011
  • In this article, I would like to analyze the conditions in applying the LCC method for each construction type by selecting 10 apartment complexes among the Turn-key projects which have been ongoing for the last 5 years. In addition, this article will identify the problems to the application of double landscape architecture and suggest improvement measures. Among the 10 case targets, a total of 151 LCC analyses were conducted, and the average application ratio placing for each construction type was shown in the following order: architecture (34.4%)> electricity (21.2%)>machine (18.5%)>civil engineering (13.2%)>landscape architecture (12.6%). As numbers show, landscape architecture was the lowest. The ratio of LCC reduction amount was shown in the following order: machine (32.1%)> architecture (23.9%)>electricity (23.4%)>civil engineering (17.5%)>landscape architecture (3.1%). The field of landscape architecture had a reduction amount that was about 5 to 6 times lower than civil engineering which had a similar number of LCC analysis cases. The total LCC analysis items of landscape architecture was 19, including 15 double packing material, 1 building covering, 1 grass planting, 1 planting infrastructure, and 1 facility. The following measures were suggested to promote LCC analysis in landscape architecture: first, set an analysis item that considers the construction expense ratio of landscape architecture; second, legal regulation of landscape architecture and expansion of its application; third, prepare VE/LCC standards which are suitable for landscape architecture.

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A case study on the selection process of cutoff wall for ground-water using VE/LCC analysis (VE/LCC 기법을 활용한 차수공법 선정사례 연구)

  • Cho Yong-Wan;Chang Jun-Ho;Kim Jin-Man;Ha Jae-In
    • 기술발표회
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    • s.2006
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    • pp.279-291
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    • 2006
  • This study shows decision-making process for selection of cutoff wall on a wastewater treatment project. There are 10 different cut-off wall methods So, we examine the site to gather information for find appropriate methods. After using that information, 10 cutoff wall methods are reviewed for analysis. Through brainstorming, four alternatives are selected for design VE item. Following the standard VE process, we established performance criteria and evaluated function score(F) using questionnaire. The questionnaires, brainstorming and AHP method for weighting on performance criteria and evaluate function score increased the reliability of this selection process. Water Jet method, one of four methods, has the best function score(F=92.71) and the lease construction cost(as cost index 1,000). The value score also highest as 92.7, so we select the method. The result is value innovation type In addition, the authors try to calculate the environmental burden in selection process using LCA. We cannot conduct the full LCA as defined ISO, so perform Simple LCA In LCA result, the cut-off grouting has the least environmental burden as index 9.09E+01 and Water Jet method has following as the second. To selection best method to specific area and purpose, design VE/LCG process used as useful tool and it is needed to develop integrated method that evaluate VEILCC and LCA as one-set process.

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Calculation of the Eco-Design Index for Components of the Multi-function Printer (공용 복합기 출력 기능 소모품들의 Eco Design Index 산정)

  • Lee, Joo-Young;Lee, Jong-Seok;Kim, Jong-Min;Lee, Kun-Mo
    • Journal of Korean Society of Environmental Engineers
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    • v.38 no.6
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    • pp.334-342
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    • 2016
  • Conventional eco-design has been implemented based only on the environmental aspects of a product. Key components of a product identified from the analysis of the environmental aspects have been the target for improvement in the conventional eco-design. The use of eco-design index (EDI) considering both the environmental and economic aspects, and utility value (UV) of a product can be envisaged as an alternative way of implementing and assessing the eco-design. The objective of this study was to propose the logic of the EDI and apply it to the components for performing printing function of the multi-function printer. The EDI was formulated by quantifying the UV, life cycle environmental impact (LCE) and life cycle cost (LCC) of the components of a product, here components of the printer. Of the eight components investigated, roller was identified as the best performing consumable in both the environmental and economic aspects. However, its UV was the lowest among the eight. The EDI of the roller was mere $4^{th}$ in ranking out of the eight. Transfer belt ranked $8^{th}$ and $5^{th}$ in the environmental and economic aspects, respectively, while $2^{nd}$ in the utility value with its EDI ranked $3^{rd}$. This indicates that not only the environmental aspects but also economic and utility value aspects should be considered when identifying the key components for improvement in the eco-design.

On Analysis of Undertaking Accomplishment Process for the BTL Project (BTL사업의 사업수행 절차 분석에 관한 연구)

  • Chun, Jin-Ku;Lim, Jong-Ah;Park, Young-Dae
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2007.11a
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    • pp.917-920
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    • 2007
  • Private companies will get back their investment by leasing facilities to the government, Since act on private participation in infrastructure were changed in January 2005, BTL(Build Transfer Lease) project of introduced in the domestic construction market for the purpose of providing public facilities with the public. BTL projects is for with approximately project life cycle form plan to maintenance the success of the project totally depends on the capability and role of concessionaire. Accordingly, this study is aimed to improve in order to proceed with BTL project efficiently, a clear standard for the item of evaluation was presented.

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