• Title/Summary/Keyword: Material Cost

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Evaluation and Selection of Building Materials based on Life Cycle Cost Prediction (생애주기비용 예측 기반 건물재료 경제성 평가 및 선정)

  • Ahn, Junghwan;Lim, Jinkang;Oh, Minho;Lee, Jaewook
    • Journal of KIBIM
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    • v.5 no.2
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    • pp.34-45
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    • 2015
  • As buildings become larger and more complicated, construction costs have increased with a considerable effect on buildings' Life Cycle Cost (LCC). However, there has been little consideration on economic aspects in the selection of construction materials due to limited information on the materials and dependency in architects' experience and inefficiency in cost estimation, causing design changes, increase in maintenance cost, difficulty in budgeting, and decrease in building performance. To solve these problems, this study proposed a BIM-based material selection model which reflects the comprehensive economic efficiency of building materials. Our cost prediction model can estimates the material-related cost during the entire building life cycle. Furthermore, we implemented the proposed model in connection with BIM, which can analyze and compare LCC by material. Through the validation of the model, we could confirm the necessity of LCC-based material selection in comparison with the conventional cost-centered material selection.

An Exploratory Study of Material Flow Cost Accounting: A Case of Coal-Fired Thermal Power Plants in Vietnam

  • NGUYEN, To Tam
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.5
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    • pp.475-486
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    • 2022
  • The purpose of this paper is to examine the use of material flow cost accounting (MFCA) in Vietnam's coal-fired thermal power plants. This study is based on the contingency and system theories to explain the application of management tools and analyze steps of input, output, and process in manufacturing. Costs in producing process-based MFCA include material cost, energy cost, system cost, and waste management cost. The exploratory case study methodology is used to describe and answer two questions, namely "How coal flow cost is recognized?" and "Why waste in material consumption can be harmful to the environment?". By analyzing the Quang Ninh and Pha Lai coal-fired thermal power plants that are the typical plants, this paper identifies the flow of primary material in these plants as a basis for determining losses for the business. The material flow of coal-fired thermal power plants provides the basis for the use of the MFCA. The manufacturing of electrical items in these plants is divided into four stages, each with its own set of losses. As a result, some phases in the application of MFCA are suggested, as well as some other elements required for MFCA application in coal-fired thermal power plants.

Cost Estimation System for Design Evalution (설계평가를 위한 제조비용산정 시스템)

  • 박홍석;이규봉
    • Proceedings of the Korean Society of Precision Engineering Conference
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    • 2000.11a
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    • pp.281-284
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    • 2000
  • For estimation manufacturing cost during the early design stage, desingers have to know compositon of manufacturmg cost. Manufacturing cost is summalion of material cost and processmg cost. To be able to control the manufacturmg cost, it is necessary to estimate the costs adequately and to store the cost data in a generic way. a generic system, which is the basis for the control of the production costs, takes into account geometric information, material information, process information and production planning information Manufacturing cost is summation of material cost and processing cost.

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A Causal Relationship between Metal Material Prices and Construction Cost (금속원자재가격의 변동이 건설공사비에 미치는 영향 분석)

  • Sang, Jun;Byun, Jeong-Yoon;Yoo, Seung-Kyu;Kim, Ju-Hyung;Kim, Jae-Jun
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2012.05a
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    • pp.137-138
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    • 2012
  • Domestic construction materials market was about 65 trillion won and it occupied 45% level of total construction cost by 2007. In addition, due to the recent rapid rise of crude oil and iron ore price, fluctuation of raw material cost has a great influence to the cost of construction industry. This means that smooth performance is closely related to construction materials. And among them, because of high putting rate of metal materials, it can be seen that the fluctuation of metal material prices is an important variables. So in this study, for the pre-study to analyze the impact of metallic material prices to construction cost, the researcher analyzed a causal relationship between metal material prices and construction cost.

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The Economic Feasibility of Building-Integrated Photovoltaics System Installed on the Roof of Residential Building - Focused on Comparison with Construction Cost of BAPV System Depend on Roof Finishing Materials

  • Oh, Byung-Chil
    • KIEAE Journal
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    • v.17 no.1
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    • pp.15-21
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    • 2017
  • Purpose: This study was on the economic feasibility of BIPV system, focused on comparison with construction cost of BAPV system depend on roof finishing materials, and to suggest basic data on the construction cost. Method: Construction cost of BAPV system was calculated, by selecting asphalt single, flat type roof tile, color steel plate, titanium zinc plate as roof finishing material of residential building and by sum up each cost for roof finishing construction and cost for 3kWp-volumed PV module installation. Also, the economic feasibility was analysed quantitatively by comparing the cost for BIPV system construction, installing same volumed PV module instead of roof finishing materials. Result: 1. By installing BIPV system instead of the roof finishing material, the cost of construction falls ; about 19% in case of the titanium zinc plate, which is the most expensive, and about 11% in case of the color steel plate. 2. Reducing amount of the construction cost gets larger because of installing BIPV module instead of the roof finishing material, as the construction cost for roof finishing material gets higher ; therefore, it is more economical than BAPV system in terms of whole cost of construction.

Determination of Number of AGVs in Multi-path Systems By Using Genetic Algorithm (GA를 이용한 다중루프 시스템의 AGV 대수 결정 문제)

  • 김환성;이상훈
    • 제어로봇시스템학회:학술대회논문집
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    • 2000.10a
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    • pp.299-299
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    • 2000
  • In this paper, a determination method of number of AGVs fer introducing to the multi-path material handling systems is presented by using genetic algorithm. For serving the raw material to each work stations automatically, there needs to introduce a AGVs for transfer the raw martial. To reduce the overall production cost in the material handling systems, however, a trade off exists between the amount of inventory hold on the shop floor and the number of AGVs needed to provide adequate service. In this paper, firstly a objective function which included the net present fixed costs of each stations and each purchased AGVs, delivering cost. stock inventory cost, and safety stock inventory cost is presented. Secondly by using genetic algorithm, the optimal reorder quantity at each stations is decided, where the number of AGVs is increased step by step. From a simulation with different GA parameters, we can determine a optimal number of AGVs to reduce the overall production cost. Thus, the effectiveness of GA for determining the number of AGVs is verified in automated material handling systems.

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A Study on the Control of Apartment House Design Factors considering Energy, Environment and Economical Efficiency (에너지, 환경 및 경제성을 통합 고려한 공동주택 설계요소 제어에 관한 연구)

  • Choi, Doo-Sung;Do, Jin-Seok
    • KIEAE Journal
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    • v.12 no.6
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    • pp.29-38
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    • 2012
  • The current building energy efficiency rating certification regulation on apartment houses evaluates only the saving rate of energy consumed during operation, i.e. use, of a building, but doesn't consider the energy consumptions and environmental load($CO_2$) emissions occurring during the whole lifetime of a building. So this study calculated the energy consumptions and environmental load emissions occurring during the whole lifetime of a building, selected reference schemes and alternative items by design variables to present a design draft considering energy efficiency and environmental performance, and evaluated the total cost by combining and calculating its direct cost(material and heating cost) and indirect cost(environmental cost), for an existing apartment house as an evaluation object. As a result of analysis, the change of heating cost by alternative items of design variables showed a 4~8% change rate compared to the reference scheme, and the material cost of design variable 7 showed a maximum 4.4 times change rate in the alternative plan 6 compared to the reference scheme. The environmental cost showed a similar change rate to the material cost change rate in general, but showed a similar environmental cost change rate to the heating cost change rate in case of design variables 4-1, 4-2, 7.

Economic performance of cable supported bridges

  • Sun, Bin;Zhang, Liwen;Qin, Yidong;Xiao, Rucheng
    • Structural Engineering and Mechanics
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    • v.59 no.4
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    • pp.621-652
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    • 2016
  • A new cable-supported bridge model consisting of suspension parts, self-anchored cable-stayed parts and earth-anchored cable-stayed parts is presented. The new bridge model can be used for suspension bridges, cable-stayed bridges, cable-stayed suspension bridges, and partially earth-anchored cable-stayed bridges by varying parameters. Based on the assumption that each structural member is in either an axial compressive or tensile state, and the stress in each member is equal to the allowable stress of the material, the material quantity for each component is calculated. By introducing the unit cost of each type of material, the estimation formula for the cost of the new bridge model is developed. Numerical examples show that the results from the estimation formula agree well with that from the real projects. The span limit of cable supported bridge depends on the span-to-height ratio and the density-to-strength ratio of cables. Finally, a parametric study is illustrated aiming at the relations between three key geometrical parameters and the cost of the bridge model. The optimization of the new bridge model indicates that the self-anchored cable-stayed part is always the dominant part with the consideration of either the lowest total cost or the lowest unit cost. It is advisable to combine all three mentioned structural parts in super long span cable supported bridges to achieve the most excellent economic performance.

Analysing Construction Cost Index Fluctuation on Apartment Housing (공동주택 건설공사비지수의 변동추세 분석)

  • Park, Won-Young;Park, Tae-Il
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2019.05a
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    • pp.226-227
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    • 2019
  • The basic type construction cost which is the base of the building cost estimation is being adjusted according to the price changes by utilizing the apartment construction cost index in order to flexibly operate it. In this study, we analyzed the change trends and characteristics of the housing cost index for the basic type building cost model project operated from September, 2012 to March, 2018. As a result, the increase in material costs is slight while the share of the labor cost increased in the construction cost due to the rise of labor unit price, leading to a perceived increase in sensitivity of labor costs. We should be careful to keep the sensitivity of the material cost and the labor cost to an appropriate level so that the index may not be distorted.

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A Fundamental Study on the Estimation of Construction Cost of High Fluidity Concrete Applying Flowing Concrete Method (유동화공법에 의해 제조한 고유동 콘크리트의 원가분석에 관한 기초적 연구)

  • 한민철;손성운;오선교;김성수;한천구
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2002.11a
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    • pp.99-102
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    • 2002
  • This paper discusses the estimation of construction cost of high fluidity concrete using segregation reducing type superplasicizer with 350kgf/cm2 of design strength and 60$\pm$5cm of slump flow in order to verify the cost down effect of high fluidity concrete compared with that of plain concrete with 350kgf/cm2 of design strength and 18cm of slump and with 210kgf/cm2 of design strength and 15cm of slump. According to research, under same strength levels, although material cost of high fluidity concrete is somewhat higher than that of plain concrete due to segregation reducing type superplasticizer, labor cost and equipment cost of high fluidity concrete is cheaper than that of plain concrete. However, based on the strength differences, high fluidity concrete shows lower material cost, labor cost and equipment cost than that of plain concrete due to decreasing in size of member and re-bar caused by high strength development of concrete.

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