• Title/Summary/Keyword: Life-Cycle Cost Analysis

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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 Study on Fatigue Characteristics and Economic Analysis of Discharged Nylon Fiber-Reinforced Asphalt Concrete (폐나일론을 이용한 섬유보강 아스팔트 콘크리트의 피로특성 및 경제성 분석)

  • Baek, Ingyu;Park, Kisun;Kim, Nakseok
    • Journal of the Society of Disaster Information
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    • v.9 no.4
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    • pp.476-483
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    • 2013
  • In this study, discharged nylon fibers were added to asphalt concretes to be compared with fatigue life and analyzed in economic point of view. A four point bending fatigue test was conducted, and as a result, nylon fiber reinforced asphalt concretes that showed a 10percent increase in fatigue life compared to ordinary asphalt concrete. The economic analysis confirmed that the maintenance cost was decreased by 540 million won throughout the analyzing period. It is thought discharged nylon fiber reinforced asphalt will cause more economic and social effects than was shown by life cycle cost analysis.

Applying GIS and GPS Based AVL System for the Logistics Information Systems (화물운송정보체계를 위한 GIS/GPS기반 AVL시스템 적용방안)

  • Kim, Won-Kyu
    • Journal of Korea Spatial Information System Society
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    • v.1 no.1 s.1
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    • pp.79-88
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    • 1999
  • In this paper, essential technological elements for applying GIS and GPS based AVL system to the logistics information area were reviewed. Then system alternatives were evaluated using Life-Cycle Cost Analysis. In the basic scenario, the roadside infrastructure alternative is turned out to be more efficient that the other. The sensitivity analysis shows that under the different conditions and unit costs, the wireless communication alternative can be more economical. Mixed approach based on characteristics of transportation facilities should be considered.

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Application and Life Cycle Cost Analysis for Ice-rink using Seawater Heat Source Cooling System (해수 냉방시스템의 빙상경기장 적용 방안 및 LCC 분석)

  • Park, Jin-Young;Kim, Sam-Uel;Lee, Ho-Saeng;Kim, Hyeon-Ju
    • Journal of the Korean Solar Energy Society
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    • v.33 no.2
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    • pp.50-55
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    • 2013
  • On a plan for the Winter Olympics 2018, Korean government is in the process of the world's first use of ocean energy for the Olympic ice-rink. This technology will be applied to a seaside town and have possibility of an export industry. In this study, we researched facilities and system for P ice-rink that acts as a cultural center as well as a physical plant in Busan and provided the way that apply by seawater heat source. Also, existing system and seawater heat source system of P ice-rink was analyzed by the most commonly used life cycle cost analysis among economics methods. Such economics data for ice-rink using seawater will be utilized by a basic information.

A case study of life cycle cost analysis on high pressure sodium lamp and LED lamp for tunnel lighting (터널 조명 고압나트륨램프와 LED램프의 LCC 분석 사례 연구)

  • Lee, Gyu-Phil;Kim, Jeong-Heum
    • Journal of Korean Tunnelling and Underground Space Association
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    • v.23 no.5
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    • pp.315-323
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    • 2021
  • Tunnel is the most energy-consuming structure in road due to the characteristic of using artificial lighting during day and night. Therefore, tunnel lights are being replaced by LED lamp that have advantages with respect to low power consumption. The best use of social overhead capital can be expected by considering the life cycle cost, because to tunnel structures are accompanied by a series of medium-to-long-term and continuous processes of replacing auxiliary facilities. In this study, the saving effect by LCC analysis was quantitatively analyzed by replacing tunnel light sources from high-pressure sodium lamps to LED lamps. The effect of reducing the replacement cycle by increasing the life of the lamps and the resulting maintenance cost is very significant, on replacing tunnel lighting light sources with LED lamp.

Relationship of Ceramic Insulation Panel System Development and Verification of LCC

  • Han, Min-Cheol;Jeon, Kyu-Nam;Lee, Gun-Cheol;Kim, Tae-Hui
    • Journal of the Korea Institute of Building Construction
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    • v.12 no.4
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    • pp.386-392
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    • 2012
  • In this study, life cycle cost (LCC) is analyzed according to insulation panel system type using a deterministic LCC analysis method. Through this analysis, it was found that the construction cost in the deterministic LCC analysis for Ceramic panels was low compared to the construction cost for metal and stone panels. Also, the difference in cost between the Ceramic panel and the metal panel was about 2 times. In the area of maintenance cost, it was found to be similar to the previously analyzed construction cost, in which the metal panel has the highest cost due to the high cost of construction and the frequent need for maintenance. In the case of the stone panel, a small difference in cost is shown compared with that of the Ceramic panel, but the cost is higher than the Ceramic panel. Regarding the cost of waste disposal, the Ceramic panel can reduce the cost by at least 1.5 times and up to 2 times compared to other panel systems. Finally, in the analysis of sensitivity according to changes in discount rates, the Ceramic panel and metal panel systems have a similar cost, and the cost of the metal panel is a bit larger than that of other panel systems. Thus, in the subjects used in the analysis, the Ceramic panel system shows the highest economic benefits.

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.

Development of Regression Model to evaluate the indirect costs of Life-Cycle Costs (생애주기비용의 간접비용 산출을 위한 Regression Model의 개발)

  • 조효남;이종순;김충완;박경훈
    • Proceedings of the Computational Structural Engineering Institute Conference
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    • 2004.10a
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    • pp.150-156
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    • 2004
  • Though the concept of Life-Cycle Cost (LCC) itself is not new, its effectiveness for planning, design, rehabilitation and maintenance/management of civil infrastructures is becoming increasingly recognized. For the decision problems as in the case of the LCC of plant facilities, equipments, bridge decks, pavements, etc., the Life-Cycle Cost Analysis (LCCA) is relatively simple, and thus its practical implementation is rather straightforward. However, when it comes to major infrastructures such as bridge, tunnels, underground facilities, etc., the LCCA problem becomes extremely complex because lack of cost data associated with various direct and indirect losses, and the absence of uncertainty data available for the assessment as well. As a result, the LCC studies have been largely limited only to those relatively simple LCCA problems of planning or conceptual design for making decisions. Accordingly, in the recent years, the researchers have pursued extensive studies on the LCC effectiveness mostly related to LCC models and frameworks for civil infrastructures. Moreover, recently the demand on the practical application of LCC effective decisions in design and maintenance is rapidly growing unprecedently in civil engineering practice. Indirction cost is very important on LCC formulation. But that is very difficult and complicate the estimation every LCC. The objective of this paper is to suggest efficient regression model for the estimation of indirect cost approach to the practical application of LCC for the design and rehabilitation of civil. infrastructures considering traffic, traffic network, detour condition, and workzone condition. In this paper, it performed the sensitivity analysis and correlation analysis of parameter for development of regression model of inflection cost.

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High Performance Fiber Reinforced Cement Composites in Construction Field (건설분야의 섬유강화 시멘트 복합 신재료)

  • Hong, Geon-Ho;Kim, Ki-Soo;Han, Bog-Kyu
    • Composites Research
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    • v.19 no.1
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    • pp.43-48
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    • 2006
  • High performance fiber reinforced cement composites have better performances than traditional cement based materials, therefore, have been expected as new construction applications such as the materials for construction & bridge structure, repair and rehabilitation applications, anti-collapse applications, anti-noise applications etc. However, they have lots of the problems such as material design, fabrication method and structural analysis. Also, the most serious problems of High performance fiber reinforced cement composites have been expensive initial cost, lack of long-term exposure data. As a result, it is needed that the efforts for lowering the initial cost and accumulation of long-term exposure. There has been hardly assessment results of life cycle cost for HPFRCC in construction field, but some papers showed that total life cycle cost could be profitable if the initial cost could be reduced.

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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