• Geomechanics and Engineering
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• v.28 no.4
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• pp.421-435
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• 2022

The necessity of estimating the time and cost required for tunnel construction has led to extensive research in this regard. Since geological conditions are significant factors in terms of time and cost of road tunnels, considering these conditions is crucial. Uncertainties about the geological conditions of a tunnel alignment cause difficulties in planning ahead of the required construction time and costs. In this paper, the continuous-space, discrete-state Markov process has been used to predict geological conditions. The Monte-Carlo (MC) simulation (MCS) method is employed to estimate the construction time and costs of a road tunnel project using the input data obtained from six tunneling expert questionnaires. In the first case, the input data obtained from each expert are individually considered and in the second case, they are simultaneously considered. Finally, a comparison of these two modes based on the technique presented in this article suggests considering views of several experts simultaneously to reduce uncertainties and ensure the results obtained for geological conditions and the construction time and costs.

• Journal of the Korean hospital association
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• v.33 no.5 s.291
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• pp.71-74
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• 2004

• Journal of Korean Society of Transportation
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• v.31 no.2
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• pp.80-89
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• 2013

The purpose of this research is to optimize the line planning of the intercity passenger railway. In this study, the line planning problem has been formulated into a mixed integer programming by minimizing both user costs (passenger's total travel time) and operator costs (operation, maintenance and vehicle costs) with multiple train types. As a solution algorithm, the branch-and-bound method is used to solve this problem. The change of travel demand, train speed and the number of schedules have been tested through sensitivity analysis. The optimal stop-schedules and frequency as well as system split with respect to each train type have been found in the case study of Kyoung-bu railway line in Korea. The model and results of this research are useful to make a decision for railway operation strategy, to analyze the efficiency of new railway systems and to evaluate the social costs of users and operators.

• Journal of the Korean Home Economics Association
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• v.32 no.4
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• pp.73-83
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• 1994

This study tries to develop the typology of relative costs-benefits perception about the transition to parenthood and explore the group differences in the socio-demographic variables, family context variables, and social support level. For these purpose data was gathered from 342 fathers who experienced the transition to parenthood within past three years. The major findings were as follow. 1. The level of men's perceived benefits about the transition to parenthood was higher than the level of costs. 2. The typology of relative costs-benefits perception about the transition to parenthood were , , and . The discriminant variables among 4 groups were marital satisfaction. birth planning educational attainment, and kinship's emotional support.

• Proceedings of the Korea Water Resources Association Conference
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• 1992.07a
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• pp.479-489
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• 1992

A mathematical model for a long range water supply planning is develoted as a dynamic capacitated facility location problem, in which operation costs and two types of fixed costs are considered. The fixed costs are for water supply systems such as dams and reservoirs and for water conveyance systems of waterways or conduits from each water supply points. A Spreadsheet model is developed to support the efficiency of user interface and to implement a heuristic solution procedure. The proposed solution procedure utilizes SOLVER tool and it has been applied to a system with fictitious data but with reality and applicability in mind. As a result of the mathematical analysis, not only the most economic construction timings of surface water supply facilities and distribution systems but also the most economical water supply operating patterns are identified.

• The Transactions of the Korean Institute of Electrical Engineers A
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• v.53 no.5
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• pp.285-295
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• 2004

The outage cost assessment has an important position for determination of the optimal level or optimal range of reliability for power system expansion planning. Establishing the worth of service reliability is a very difficult and subjective task. While the utility cost(reliability cost) will generally increase as consumers are provided with higher reliability, the consumer costs(reliability worth) associated with supply interruptions will decrease as the reliability increases. The total costs to society are the sum of these two individual costs and the optimum or target level of reliability is achieved at minimum point of the total cost curve. This paper addresses the role, need and assessment algorithms and methodologies of the outage cost in power system expansion planning. In a case study, the outage cost has been assessed using macro approach for our country 15years(1986-200l) in the case study. Additionally, determination processing of optimum reliability level is presented in another case study with the five buses MRBTS.

• East Asian Journal of Business Economics (EAJBE)
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• v.12 no.1
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• pp.35-42
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• 2024

Purpose: A railroad project is a complex system with large construction costs in the initial stage and ongoing operating costs over its lifecycle. Current railroad projects tend to be based on construction options, which leads to huge deficiencies in operating costs. This phenomenon results from a lack of appropriate tools to accurately estimate a railroad project's lifecycle costs. This study attempts to analyze the major components of railroad operating costs and to propose a decision-making system for analyzing the long-term lifecycle costs of railroad projects. Research design, data and methodology: We review the literature and analyze the current status of railroad operating costs in Korea and overseas. Based on previous projects, a framework for project options and operating costs is proposed. The framework is applied to actual railroad projects to demonstrate the validity of the model. Results: Case analysis shows that our framework is comprehensive in analyzing the primary aspects of railroad operating costs and plays an effective role in choosing various railroad project options. This study points out that the railway project operates inefficiently because estimating long-term costs without reflecting specific project options causes many errors. Conclusions: A major contribution of this study is the development of an improved framework for accurately estimating operating costs and providing policymakers and engineering firms with a holistic decision support system. Detailed components in estimating operating costs of the railroad business are discussed. And we present a decision-making tool that policymakers and private businesses can use in planning the railroad business.

• Journal of Navigation and Port Research
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• v.32 no.4
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• pp.295-304
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• 2008

In order to achieve a sustainable competitive advantage in the expanding maritime transportation market, most shipping companies are making every effort to reduce transportation costs. Likewise, the car shipping companies, which carry more than 80% of total car import and export logistics volume, also do their utmost for transportation cost saving. Until now many researches have been made for efficient maritime transportation, but studies for car shipping companies have rarely been made. For this reason, this study has tried to develop a maritime transportation planning support system which can help to save logistics costs and increase a competitive power of car shipping companies. To this end, instead of manual effort to solve the routing problem of car carrier vessels, this study has used an integer programming model to make an optimal transportation planning at the minimum cost. Also in response to the frequent changes both in the car production schedule and ship's arrival schedule after the completion of transportation planning, this research has developed a decision support system of maritime transportation, so that users can easily modify their existing plans.

• Proceedings of the Korean Operations and Management Science Society Conference
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• 2003.05a
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• pp.1035-1041
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• 2003

Recent studies among various activities taking place in order-picking warehouse system have shown various researches to reduce the order-picking costs occupying more than half the total costs. One way of improving the warehouse system performance is to separate from a picking area and a reserve area in one unit rack. This study is concerned on the performance evaluation model for picking and replenishing facility of refrigerated warehouse using simulation method. In this study, we developed a mathematical model to compute the system performance solve this problem using simulation method. We demonstrate the system performance using AutoMod Simulator and verify the results to compare mathematical results of the system performance of warehouse system. A systematic approach proposed n this study for an optimal planning of order-picking warehouse is known as an effective method for planning of order-picking warehouse and a performance evaluation problem considering both picking and replenishment.

• Proceedings of the KIEE Conference
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• 1997.07c
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• pp.797-799
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• 1997

This paper presents an operation and planning model of integrated energy systems which consist of small scale cogeneration systems, thermal accumulator, ice storage and electrical energy storage systems. In the proposed planning model, an optimization of total cost which contains investment, operation, thermal shortage and salvage costs has carried out with the maximum principle based on the lifetime of each system component and unit price per capacity. From this model, optimal investment capacity per annum can be determined during the studied periods using the marginal costs according to the operation characteristics of each system component.