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

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Optimum Life-Cycle Cost Design of Steel Box Girder Bridges Using Collaborative Optimization (협동 최적화 방법을 이용한 강상자형교의 생애주기비용 최적설계)

  • 조효남;민대홍;권우성
    • Proceedings of the Computational Structural Engineering Institute Conference
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    • 2001.10a
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    • pp.201-210
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    • 2001
  • In this study, large-scale distributed design approach for a life cycle cost (LCC) optimization of steel box girder bridges was implemented. A collaborative optimization approach is one of the multidisciplinary design optimization approaches and it has been proven to be best suited for distributed design environment. The problem of optimum LCC design of steel box girder bridges is formulated as that of minimization of the expected total LCC that consists of initial cost maintenance cost expected retrofit costs for strength, deflection and crack. To discuss the possibility of the application for the collaborative optimization of steel box girder bridges, the results of this algorithm are compared with those of single level algorithm. From the numerical investigations, the collaborative optimization approach proposed in this study may be expected to be new concepts and design methodologies associated with the LCC approach.

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Economical selection of optimum pressurized hollow fiber membrane modules in water purification system using RbLCC

  • Lee, Chul-sung;Nam, Young-wook;Kim, Doo-il
    • Membrane and Water Treatment
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    • v.8 no.2
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    • pp.137-147
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    • 2017
  • A water treatment utility in South Korea operates a large system of pressurized hollow fiber membrane (PHFM) modules. The optimal selection of membrane module for the full scale plant was critical issue and carried out using Risk-based Life Cycle Cost (RbLCC) analysis based on the historical data of operation and maintenance. The RbLCC analysis was used in the process of decision-making for replacing aged modules. The initial purchasing cost and the value at risk during operation were considered together. The failure of modules occurs stochastically depending on the physical deterioration with usage over time. The life span of module was used as a factor for the failure of Poisson's probability model, which was used to obtain the probability of failure during the operation. The RbLCC was calculated by combining the initial cost and the value at risk without its warranty term. Additionally, the properties of membrane were considered to select the optimum product. Results showed that the module's life span in the system was ten years (120 month) with safety factor. The optimum product was selected from six candidates membrane for a full scale water treatment facility. This method could be used to make the optimum and rational decision for the operation of membrane water purification facility.

A Study on the Life Cycle Cost Analysis of Light Railroad Transit Bridges (경량전철 교량의 생애주기비용 분석에 관한 연구)

  • Lee, Du-Heon;Kim, Kyoon-Tai;An, Dong-Geun;Jun, Jin-Taek;Han, Choong-Hee
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2006.11a
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    • pp.384-389
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    • 2006
  • The needs for Light Railroad Transit(LRT) have been increased due to the heavy traffic congestions in large cities like Seoul, Korea. Korean government is seeking the LRT system development (including planning, designing, construction, and maintenance and operations) in terms of public-private-partnership (PPP). At the private sector side, it is crucial to estimate the life cycle cost (LCC) to project the cash flow during the O&M period. Since the most construction and O&M cost of LRT project is at the bridge construction, a cost analysis model and a cost breakdown structures (CBS) on LRT bridges are discussed through in depth literature reviews. Construction and maintenance cost of bridges are collected and analyzed. LCC is analyzed by types of bridge superstructures and historical data of repair and rehabilitation (R&R) is investigated. There have been scarce number of LCC analysis on railway bridges. This research delivers a well-defined CBS and maintenance cost data, which will be a great benefit to the systematic maintenance strategy development for railroad bridges.

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A Study on the Optimal LCC using AMSAA Model (AMSAA Model을 이용한 최적 LCC에 관한 연구)

  • Kim, Jun-Hong
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.29 no.3
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    • pp.135-142
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    • 2006
  • Engineers are always concerned with life cycle costs for making important economic decisions through engineering action like reliability of products. Decisions during the reliability growth development of products involve trade-offs between invested costs and its returns. In order to find minimal LCC containing the reliability improvement cost, production cost, repair and replacement costs, and holding cost of spare parts for failure items we suggest in this paper relationship between development cost and sustaining cost in values of growth parameter $\beta$ of AMSAA model. This model is applied to the reliability growth program based on AMSAA model during R&D phase, the warranty activities of items and the block replacement policy for maintenance of items in avionic equipment.

A Life Cycle Cost Case Analysis on the Build-Transfer-Lease(BTL) Projects of School (학교 임대형민자사업(BTL)의 LCC 사례 분석)

  • Cho, Seung-Yun;Ahn, Jang-Won;Kim, Yong-Su
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2007.11a
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    • pp.145-150
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    • 2007
  • This study is a LCC case analysis on the school one of the BTL projects which is constructed by private organizations and rented to government. According to the RFP to make out documents, it is performed the case analysis based on the results of LCC calculation about maintenance & conservation costs; repairing costs and replacement costs. It is analyzed LCC on maintenance & conservation costs for 20 years(rent period) and 65 years(life cycle). As a result of LCC analysis, about more than 50% of total LCC are architectural works and the rest of them are machinery works, electric works, and civil works in the order. And it is also suggested some problems and their solutions to perform LCC analysis on the current BTL projects of school.

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Life Cycle Cost Comparative Analysis for Main Conversion System in 8200 Series Electric Locomotive (8200호대 전기기관차 주변환장치 LCC 비교 분석)

  • Kim, Wan-il;Chang, Yoon-Woo;Kim, Dong-Man;Kim, Jae-Moon
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.67 no.12
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    • pp.1717-1722
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    • 2018
  • Parts and units of 8200 series electric locomotive are aging, but and source technology is not secured. As a results, maintenance costs are increasing steadily due to using expensive substitute parts. Therefore, various studies have been conducted to reduce maintenance costs. In this paper, the life cycle cost(LCC) of the developed and conventional products were compared and analyzed about main conversion system in 8200 Series electric locomotive. As a result of analysis, the material cost was the highest in the conventional product among the various item costs. On the other hand, it is confirmed that preventive cost was the highest among the costs about the developed product.

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.

Application of probabilistic VE/LCC Analysis Models for Quay Wall Structures (안벽구조물의 확률론적 VE/LCC 분석모델 적용방안)

  • Ahn, Jong-Pil;Lee, Cheung-Bin;Park, Ju-Won;Yu, Deog-Chan
    • Korean Journal of Construction Engineering and Management
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    • v.8 no.5
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    • pp.71-79
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    • 2007
  • It is common that the analysis of VE/LCC is performed in design phase of quay wall structures. The analysis is mainly executed based on experience and engineering sense of expert considering the selection of construction method, construction and maintenance cost. Recently there are increasing demands on the analysis that includes uncertainty and vulnerability of input parameters, for this purpose, fuzzy reliability based probabilistic VE/LCC analysis model for quay wall structures is suggested. In VE/LCC analysis for quay wall structures, the application of probabilistic analysis method give very similar results compare with those of deterministic analysis method. It is anticipated that the methodology proposed in this paper can also be utilized in the design and maintenance phase of other facilities where decision making is made for the probabilistic life cycle cost and value analysis.

A Case Study on LCC Analysis of Prestressed Concrete Bridges (프리스트레스트 콘크리트교의 LCC분석 사례연구)

  • Baek, Jae-Wook;Park, Tae-Hyo
    • Proceedings of the KSR Conference
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    • 2007.11a
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    • pp.1050-1057
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    • 2007
  • The objective is to compare with economic evaluation and to analysis the LCC for prestressed concrete used on rail bridge. A new style concrete bridge is difficult to estimate a history for maintenance cost reliably. For the reason, we introduce a analogical interpretation by similar bridge style in order to estimate a appropriate maintenance profile. The proposed method is usefully supplied to estimating the LCC for bridge which is difficult to determine the maintenance cost.

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