• Title/Summary/Keyword: Operating cost

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Life Cycle Cost Estimation for Jangbogo-II Submarines based on Modeling and Simulation Methodologies (M&S기법을 활용한 장보고 II급 잠수함 수명주기비용 추정)

  • Ahn, Jae-Kyoung;Choi, Bong-Wan;Lee, Yong-Kyu
    • IE interfaces
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    • v.23 no.3
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    • pp.221-228
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    • 2010
  • With the development of science and technology, modern submarines are equipped with high technology devices and multi-functioned precise armaments, consequently, acquisition cost as well as maintenance cost of the submarines are getting higher and higher. However, tight defense budget forces navy to significantly reduce military operating and maintenance costs. In this study, the maintenance and operating costs of submarine Jangbogo-II are estimated through M&S (Modeling and simulation) methodologies in order to reasonably and consistently work out the requirement verification system of Jangbogo-II. The maintenance and operating costs of Jangbogo-II along the next 25 years are estimated as 312.65 billion won via engineering analysis methods while 312.69 billion won from PRICE Model, which shows only 0.04 billion won differences as a whole. This study is expected to be able to provide meaningful decision making data for not only short and/or mid term operating planning but military budgeting.

A Study on the Determinants of Hospital Profitability (병원 경영수지에 영향을 미치는 요인 분석)

  • Chun, Ki-Hong;Cho, Woo-Hyun
    • Journal of Preventive Medicine and Public Health
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    • v.26 no.3 s.43
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    • pp.442-456
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    • 1993
  • Financial stability is the foremost prerequisite for the continuous growth and development of hospitals. The present study aimed at developing a deterministic model using the factors which affect the hospitals profitability and at discovering which factor affected the hospital profitability. The study conducted questionnaire surveys on all general hospitals, with the exception of special hospitals, with over eighty hospital beds. Of the 274 subject hospitals, 136 of them, consituting 49.6% of the whole, were used in the study. The results are as follows. 1. In the deterministic model, outpatient revenue was affected more by the number of physician visits than by outpatient service intensity. Inpatient revenue was found to be affected more by the number of discharged patients than by inpatient service intensity. However, the increase rate of the service intensity not only contributed in stepping up the operating margin by $4{\sim}8%$ in outpatient and $3{\sim}6%$ in inpatient, but it was statistically significant. 2. Among the factors which determined the operating cost within the deterministic model, the number of patients had a greater impact on the operating cost than the resource consumption per patient. 3. The resource consumption per patient were proved to have the greatest effect on the profitability within the probabilistic model. The management cost per adjusted patient, in particular, was proven to have a statistically significant effect on the profitability in all hospitals.

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Inventory Model with Partial Backorders

  • Park Kyung S.
    • Journal of the military operations research society of Korea
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    • v.9 no.1
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    • pp.69-74
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    • 1983
  • This article presents a deterministic inventory model for situations in which, during the stockout period, a fraction ${\beta}$ of the demand is backordered and the remaining fraction $1-{\beta}$ is lost. By defining a time proportional backorder cost and a fixed penalty cost per unit lost, a convex objective function representing the average annual cost of operating the inventory system is obtained. The optimal operating policy variables are calculated directly. At the extremes ${\beta}\;=\;1$ and ${\beta}\;=\;0$ the model presented reduces to the usual backorders and lost sales case, respectively.

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Cost-Effectiveness Evaluation of Energy Conservation Programs Using Avoided Operating Cost Calculation (운전회피비용 계산을 이용한 효율향상 프로그램의 비용효과 분석)

  • 김회철;이기송;박종배;신중린;신점구
    • Journal of Energy Engineering
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    • v.11 no.4
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    • pp.317-323
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    • 2002
  • This paper proposed the calculation method of the generation operating avoided cost to cost-effectiveness evaluation of energy conservation programs that compounded the Proxy Plant Method and Load Decrement Method. This method introduced an operating index of the Energy Efficiency Demand-Side Management (EEDSM) resources based on the end-user's behaviors on the electricity power usage. The operation index is applied to calculate the hourly operating capacity of diffused high-efficiency appliances. And the operating capacity on the peak load hours for reference load is computed through the reduction of the peak load that contributes to that hour. Also, the proposed method evaluated the effect of EEDSM resources. The IEEE-RTS is adopted as a sample system to analyze impacts of an EEDSM. This paper, we have analyzed the effect of EEDSM upon the changes in the generation of generator, generation cost and the system marginal price (SMP). This method can be used to evaluate the impact of the diffused DSM resource and to estimate the impact in short-term EEDSM program. Further, result of the calculation can be utilized to pabulum for effect analysis of EEDSM resources.

Initial Ship Allocation for the Fleet Systematization (선단구성을 위한 초기배선)

  • 이철영;최종화
    • Journal of the Korean Institute of Navigation
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    • v.8 no.1
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    • pp.1-16
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    • 1984
  • The economical property of a shipping enterprise, as well as other transportation industries, is determined by the difference between the freight earned and expense paid. This study can be regarded as a division of optimizing ship allocation to routes under the integrated port transport system. Fleet planning and scheduling require complicated allocations of cargoes to ships and ships to routes in order to optimize the given criterion function for a given forecast period. This paper deals with the optimum ship allocation problem minimizing the operating cost of ships in a shipping company. Optimum fleet operating for a shipping enterprise is very important, since the marine transportation is a form of large quantity transport requiring long-term period, and there is a strong possibility to bring about large amount of loss in operation resulting from a faulty ship allocation. Where there are more than one loading and discharging ports, and a variety of ship's ability in speed, capacity, operating cost etc., and when the amount of commodities to be transported between the ports has been determined, then the ship's schedule minimizing the operating cost while satisfying the transport demand within the predetermined period will be made up. First of all a formula of ship allocation problems will be established and then will be constructed to solve an example by the Integer Programming application after consideration of the ship's ability, supply and demand of commodity, amount of commodity to be transported, operating costs of each ship etc. This study will give good information on deciding intention for a ship oprator or owner to meet the computerization current with shiping management.

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Comparison of Fuel Consumption Estimation for Passenger Cars (승용차 유류소모량 산정 방법의 비교 연구)

  • Yoo, In-Kyoon;Kim, Je-Won;Lee, Su-Hyeong;Ko, Kwang-Ho
    • International Journal of Highway Engineering
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    • v.13 no.4
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    • pp.167-175
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    • 2011
  • Evaluation of fuel consumption for the various road condition and vehicle type is necessary to perform the economic analysis of road construction which is important for the efficient design and management of road. Economic analysis of road should consider the social cost which can be divided into agency cost including initial construction expense, maintenance cost, and so on, and user cost consisting of vehicle operating cost, congestion cost, etc. Since vehicle operating cost depends on the traffic volume, fuel consumption that is a major part of vehicle operating cost will change by traffic volume as well. Fuel consumption is significantly affected by vehicle speed and road condition, especially the roughness. Thus, fuel consumption should be evaluated in terms of road condition, which is not currently considered. In this study, the estimation model of fuel consumption for the passenger cars in Korea has been developed by considering the road condition. First, the relationship between vehicle speed and fuel consumption that is used to calculate the vehicle operating cost for investment evaluation of transportation facility and the initial feasibility study of road construction was investigated. Second, with the consideration of road roughness, fuel consumption of the passenger car was measured. From the measurement, it was found that fuel consumption increased by $80m{\ell}$ per 100km driving as the roughness increased by 1m/km. Therefore, it is recommended that for the economic analysis of road design and management, the fuel consumption should be a function of road roughness.

Economic Design of Tool Resetting Period in NC Machining (NC 선반가공에서 공구 조정주기의 경제적 설계)

  • 배문택;윤원영;목학수
    • Journal of the Korean Society for Precision Engineering
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    • v.15 no.6
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    • pp.33-39
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    • 1998
  • This paper is related to economic design of tool-resetting period in NC machining. In NC lathe machining, the mean and variance of components dimension fluctuate in slow time and we should reset tool program to compensate the variation from the fluctuation. In this paper. we propose the procedure determining the optimal resetting period based on the total expected operating cost which consists of resetting cost and the quality cost related to dimension variation. As a case study, using experimental data about dimension changes of a lathe machining, we obtain the regression equations of mean and variance of the dimension fluctuation, total expected operating cost, and optimal resetting period.

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Cost Analysis Model for Minimal Repair in Free-Replacement Policy (무상수리 정책에서 응급수리 적용의 비용분석 모델)

  • 김재중;김원중
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.20 no.43
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    • pp.241-247
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    • 1997
  • This paper is concerned with cost analysis model in free-replacement policy. The free-replacement policy with minimal repair is considered as follows; in a manufacturer's view point operating unit is periodically replaced, if a failure occurs between minimal repair and periodic maintenance time, unit is remained in a failure condition. Also unit undergoes minimal repair at failures in minimal-repair interval. Then total expected cost is calculated according to the parameter of failure distribution in a view of consumer's. The expected costs are included repair cost and usage cost: operating, fixed, minimal repair and loss cost. Numerical example is shown in which failure time of item has weibull distribution.

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Cost Analysis Model for Periodic Maintenance Policy with Maintenance Cost Factor (보전비용요소를 고려한 정기보전정책의 비용분석모델)

  • 김재중;김원중
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.18 no.36
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    • pp.287-295
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    • 1995
  • This paper is concerned with cost analysis model in periodic maintenance policy. Generally periodic maintenance policy in which item is repaired periodic interval times. And in the article minimal repair is considered. Mimimal repair means that if a unit fails, unit is instantaneously restored to same hazard rate curve as before failure. In the paper periodic maintenance policy with minimal repair is as follows; Operating unit is periodically replaced in periodic maintenance time, if a failure occurs between minimal repair and periodic maintenance time, unit is replaced by a new item until tile periodic maintenance time comes. Also unit undergoes minimal repair at failures in minimal-repair-for-failure interval. Then total expected cost per unit time is calculated according to scale parameter of failure distribution. Maintenance cost factors are included operating, fixed, minimal repair, periodic maintenance and new item replacement cost. Numerical example is shown in which failure time of system has weibull distribution.

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A Cost Analysis Model of Minimal-Repairable Items in Free Replacement under the Periodic Maintenance Policy (정기보전제도에서 응급수리제품에 대한 무상수리 적용의 비용분석 모델)

  • 김재중;김원중;조남호
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.19 no.39
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    • pp.89-98
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    • 1996
  • This paper is concerned with cost analysis model in free -replacement policy under the periodic maintenance policy The free-replacement policy with minimal repairable item is considered as follows; in a manufacturer's view point operating unit is periodically replaced, if a failure occurs between minimal repair and periodic maintenance time, unit is remained in a failure condition. Also unit undergoes minimal repair at failures in minimal-repair interval. Then total expected cost per unit time is calculated according to maintenance period Tin a viewpoint of consumer's. The expected costs are included repair cost and usage cost: operating, fixed, minimal repair and loss cost. Numerical example is shown in which failure time of item has beta distribution.

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