• Title/Summary/Keyword: Operating Maintenance Costs

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A Selection Methodology for Reliability Allocation Models to Minimize the Operating Cost (운영유지비용을 고려한 신뢰도 할당 모형의 선정)

  • Park, Jong-Hwa;Kim, Ki-Tae;Jeon, Geon-Wook
    • Journal of the military operations research society of Korea
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    • v.35 no.3
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    • pp.31-45
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    • 2009
  • Reliability should be done from the initial stage of development to secure performance and safety of system. To establish and achieve target reliability of a system, reliability should be allocated into the subsystems. In the acquisition and development of a system, frequent failures will cause a negative effect on performing mission and occurs increasing operating cost. This study reviewed and evaluated the existing reliability allocation models using operation and maintenance costs to find the correlation between reliability allocation models and its operating cost. A target system reliability on the diesel engine to be developed for naval vessels is allocated into its subsystem based on the existing reliability allocation models. A selection methodology for reliability allocation models was made to minimize operating cost by using simulation based on the given operating diesel engine data for naval vessels.

A Feasibility Study on the Benefit of Daylighting by LCC Analysis (LCC 기법을 통한 자연채광의 경제성 분석에 대한 연구)

  • Kim, Jeong Tai;Kim, Gon
    • KIEAE Journal
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    • v.6 no.1
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    • pp.3-10
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    • 2006
  • As has been expected, economic factors are a major consideration in almost every decision in building design process. Assuming that improving a lighting system, existing or proposed, will reduce operating cost, what preliminary economic guidelines can be established to determine whether any proposed investment appears cost effective? In such a case a reasonable technique to compare system costs is by life-cycle costing. Stated simply, a life-cycle cost represents the total cost of a system over its entire life cycle, that is, the sum of first cost and all future costs. This paper aims to exemplify the benefit of daylighting in term of economic consideration. Four different electric lighting system designs are proposed and a lighting control system that is continuously operating according to the level of daylight in the space has been adapted. The accumulated performance of electric and daylighting is figured out to declare the effective depth of daylight in the space. The analysis on the saving amount of lighting energy due to daylight has been undertaken in answer to the question, that is, several projects are being considered, which is the most desirable from the cost-effectiveness viewpoint. The result shows clearly that although denser layout of lighting fixtures might be more effective to interface to the level of daylight ceaselessly changeable, its economic benefit may not meet the expected criterion the reason of increased initial investment and maintenance cost for the fixtures and control hardware.

Economic Feasibility Study for Commercial Production of Bio-hydrogen (해양바이오수소개발 사업의 상업생산을 위한 예비경제성평가)

  • Park, Se-Hun;Yoo, Young-Don;Kang, Sung Gyun
    • Ocean and Polar Research
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    • v.38 no.3
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    • pp.225-234
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    • 2016
  • This project sought to conduct an economic feasibility study regarding the commercial production of bio-hydrogen by the marine hyperthermophilic archaeon, Thermococcus onnurineus NA1 using carbon monoxide-containing industrial off-gas. We carried out the economic evaluation of the bio-hydrogen production process using the raw material of steel mill by-product gas. The process parameter was as follows: $H_2$ production rate was 5.6 L/L/h; the conversion of carbon monoxide was 60.7%. This project established an evaluation criterion for about 10,000 tonne/year. Inflation factors were considered as 3%. The operating costs were recalculated based on prices in 2014. The total investment required for development was covered 30% by capital and 70% by a loan. The operation cost for the 0.5-year test and integration, and the cost for the first three months in the 50% production period were considered as the working capital in the cost estimation. The costs required for the rental of office space, facilities, and other related costs from the construction through to full-scale production periods were considered as continuing expenses. Materials, energy, waste disposal and other charges were considered as the operating cost of the development system. Depreciation, tax, maintenance and repair, insurance, labor, interest rate charges, general and administrative costs, lubrication and miscellaneous expenses were also calculated. The hydrogen price was set at US$ 4.15/kg for the economic evaluation. As a result, the process was considered to be economical with the payback period of 6.3 years, NPV of 18 billion Won and IRR of 26.7%.

Unifying the operation of Privately Funded Expressways (민자고속도로 통합운영방안 연구)

  • Shin, Yong-Suk
    • Journal of Korean Society of Transportation
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    • v.30 no.4
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    • pp.71-81
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    • 2012
  • The Korean government has actively accepted private investments in building expressways to improve its financial status. As of 2012, 422km of 9 private expressways are under operation, and until 2016 additional 15 are planned to be built with private investments. However, on average, each private expressway is at most 37km long, which works against economies of scale in maintenance and thus leads to inefficiencies such as traffic jams, driver inconveniences, and the increase in operating costs. To resolve these problems, the present study suggested that the maintenance and tolling system should be unified across each private operator. Unifying the operation of private expressways was expected to reduce user travel times and tolls, and save operator maintenance costs. These economic effects were expected to be tantamount to hundreds of billions of dollars. The shared toll collecting system will also reduce user's delays by removing main line tollgates. This can save another hundreds of billions of dollars by ensuring driver's convenience and safety.

A Study on Virtual Training System for Education of Train Maintenance (철도 차량 정비 교육을 위한 가상훈련 시스템 설계에 관한 연구)

  • Jeong, Jin-hyun;Song, Eun-jee
    • Journal of Practical Engineering Education
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    • v.8 no.2
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    • pp.103-109
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    • 2016
  • In order to get the maintenance work for the normal operation of rail vehicles made safe maintenance training, which looked suffered direct physical train maintenance environment, gain experience to get out foster the practical skills, but experience the real maintenance in operational problems the maintenance procedures followed are difficult to be. So it can gain experience and knowledge of the actual maintenance work in safe conditions if you apply a simulation experience in a similar environment as possible to the actual train maintenance training can also reduce operational training costs. For a description of the current domestic and simulation programs of the railway sector it has been operating in overseas and is designed to train intensive training, maintenance and maintenance-related information is scarce situation. In this study, the contents of the theory of educational technology for effective training of train maintenance elements exhibit theory, theory of learning situations, designed to train maintenance training simulation through a previous study that investigated the problem-based learning theory.

Colored-LCD Type Train Destination Indicator System for Visibility Improvement (승객서비스 향상을 위한 새로운 열차행선안내장치의 개발)

  • Hwang Jong-Gyu;Lee Jae-Ho;Yoon Yong-Ki;Shin Duc-Ko;Jo Hyun-Jeong
    • Journal of the Korean Society for Railway
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    • v.9 no.4 s.35
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    • pp.504-509
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    • 2006
  • Currently, most of TDIS(Train Destination Indicator System) is operated colored-LED type equipment in Korea. This current LED type TDIS equipment has not graceful display and causes passenger's fatigues because of the LED module inherent characteristics as a display light source, high power consumption, high operating and maintenance costs, and et al. To address these several, we are developed new colored-LCD type TDIS equipment. According to our developed new TDIS equipment, we can achieve high resolution and graceful color stone of information display. Thus high graded service are able to provide to passengers. In addition, LCD module decreases power consumption, and it can be used permanently by changing only backlight in comparison with conventional equipment. Therefore we can decrease the maintenance cost and extend durability-period of TDIS equipment using new equipment.

Smart Power Management Using RTOS-based Uninterruptable Generator Supply

  • Lee, Chulju;Kang, Kyungtae;Noh, Dong Kun
    • Journal of the Korea Society of Computer and Information
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    • v.21 no.6
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    • pp.1-7
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    • 2016
  • An uninterruptible power supply (UPS) allows small companies and domestic users to cope with power outages; but existing designs lack flexibility of control and require expensive battery maintenance, with a cost proportional to the outage compensation time. We combine a compact synchronous generator with a battery, with 10% of the capacity that would otherwise be required, to obtain a UPS with reduced maintenance costs for the same performance. Any UPS must respond immediately to a power loss, and our uninterruptible generator supply (UGS) is therefore built around real-time scheduling of its internal operations; this also makes it suitable for integration into the industrial gateway. The UGS is based on a real-time operating system, with an integrated wireless module providing connectivity to a web server, for monitoring and management, which can be performed remotely on a mobile device.

Determination of Resetting Time to the Process Mean Shift with Failure (고장을 고려한 공정평균 이동에 대한 조정시기 결정)

  • Lee, Do-Kyung
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.42 no.4
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    • pp.145-152
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    • 2019
  • All machines deteriorate in performance over time. The phenomenon that causes such performance degradation is called deterioration. Due to the deterioration, the process mean of the machine shifts, process variance increases due to the expansion of separate interval, and the failure rate of the machine increases. The maintenance model is a matter of determining the timing of preventive maintenance that minimizes the total cost per wear between the relation to the increasing production cost and the decreasing maintenance cost. The essential requirement of this model is that the preventive maintenance cost is less than the failure maintenance cost. In the process mean shift model, determining the resetting timing due to increasing production costs is the same as the maintenance model. In determining the timing of machine adjustments, there are two differences between the models. First, the process mean shift model excludes failure from the model. This model is limited to the period during the operation of the machine. Second, in the maintenance model, the production cost is set as a general function of the operating time. But in the process mean shift model, the production cost is set as a probability functions associated with the product. In the production system, the maintenance cost of the equipment and the production cost due to the non-confirming items and the quality loss cost are always occurring simultaneously. So it is reasonable that the failure and process mean shift should be dealt with at the same time in determining the maintenance time. This study proposes a model that integrates both of them. In order to reflect the actual production system more accurately, this integrated model includes the items of process variance function and the loss function according to wear level.

A System Dynamics Model of Alternative Fuel Vehicles Market under the Network Effect

  • Kwon, Tae-Hyeong
    • Korean System Dynamics Review
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    • v.8 no.2
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    • pp.5-23
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    • 2007
  • According to the system dynamics model of this study, if there is a significant network effect on vehicle operating costs, it is difficult to achieve the shift to AFV even in the long term without a policy intervention because the car market is locked in to the current structure. Network effect can be caused by an increasing return to scale in fuel supply sector as well as in maintenance service sector. It is also related to the fact that the reliability and awareness of consumers on new products increases with the growth of the market share of the new products. There are several possible policy options to break the 'locked in' structure of car market, such as subsidy on vehicle price (capital cost), subsidy on fuel (operating cost) and niche management policy. Combined policy options would be more effective than relying on a single policy option to increase the market share of AFV.

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Analysis of Marginal Count Failure Data by using Covariates

  • Karim, Md.Rezaul;Suzuki, Kazuyuki
    • International Journal of Reliability and Applications
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    • v.4 no.2
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    • pp.79-95
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    • 2003
  • Manufacturers collect and analyze field reliability data to enhance the quality and reliability of their products and to improve customer satisfaction. To reduce the data collecting and maintenance costs, the amount of data maintained for evaluating product quality and reliability should be minimized. With this in mind, some industrial companies assemble warranty databases by gathering data from different sources for a particular time period. This “marginal count failure data” does not provide (i) the number of failures by when the product entered service, (ii) the number of failures by product age, or (iii) information about the effects of the operating season or environment. This article describes a method for estimating age-based claim rates from marginal count failure data. It uses covariates to identify variations in claims relative to variables such as manufacturing characteristics, time of manufacture, operating season or environment. A Poisson model is presented, and the method is illustrated using warranty claims data for two electrical products.

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