• Title/Summary/Keyword: Potential Cost

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A Basic Study of Automatic Rebar Length Estimate Algorithm of Slab by Using BIM-Based Shape Codes Built in Revit (BIM 기반 형상코드를 이용한 슬래브 철근길이 자동 산정 기초 연구)

  • JI, Woo-Min;Kim, Sun-Kuk
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2023.05a
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    • pp.89-90
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    • 2023
  • This dissertation investigates the feasibility of accurately calculating the required rebar length using BIM-based shape codes and the potential benefits of such an approach in terms of cost reduction, waste reduction, and environmental improvement. The study aims to explore the possibility of automatically calculating slab rebar length before construction to reduce rebar cutting waste and cost. The results of this study will provide insights into the potential of using shape codes to reduce rebar cutting waste and cost in building frame construction.

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Development of DSM Potential Evaluation Procedures and Algorithm (DSM 잠재량 평가절차 및 알고리즘 개발)

  • Rhee, Chang-Ho;Park, Jong-Jin
    • Proceedings of the KIEE Conference
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    • 1997.07c
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    • pp.917-919
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    • 1997
  • Recently, electric industry confront a strategical change and high competiveness environment in the course of deregulation. Especially, rapid growth in electricity demand, financial need for new power plant construction, and environmental problems have led to search for more efficient energy production and energy conservation technologies in Korea. Due to the potential energy and cost savings, DSM(Demand-Side Management) plays and important role in the electric resource planning. In this paper, we suggest DSM potential evaluation procedures and algorithm. Also, we present screening analysis methods for DSM potential evaluation.

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Nano-delamination monitoring of BFRP nano-pipes of electrical potential change with ANNs

  • Altabey, Wael A.;Noori, Mohammad;Alarjani, Ali;Zhao, Ying
    • Advances in nano research
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    • v.9 no.1
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    • pp.1-13
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    • 2020
  • In this work, the electrical potential (EP) technique with an artificial neural networks (ANNs) for monitoring of nanostructures are used for the first time. This study employs an expert system to identify size and localize hidden nano-delamination (N.Del) inside layers of nano-pipe (N.P) manufactured from Basalt Fiber Reinforced Polymer (BFRP) laminate composite by using low-cost monitoring method of electrical potential (EP) technique with an artificial neural networks (ANNs), which are combined to decrease detection effort to discern N.Del location/size inside the N.P layers, with high accuracy, simple and low-cost. The dielectric properties of the N.P material are measured before and after N.Del introduced using arrays of electrical contacts and the variation in capacitance values, capacitance change and node potential distribution are analyzed. Using these changes in electrical potential due to N.Del, a finite element (FE) simulation model for N.Del location/size detection is generated by ANSYS and MATLAB, which are combined to simulate sensor characteristic, therefore, FE analyses are employed to make sets of data for the learning of the ANNs. The method is applied for the N.Del monitoring, to minimize the number of FE analysis in order to keep the cost and save the time of the assessment to a minimum. The FE results are in excellent agreement with an ANN and the experimental results available in the literature, thus validating the accuracy and reliability of the proposed technique.

Development Strategy on the Risk Rating Method for Nationwide Emerging IT Infrastructure (국가단위 신규 IT인프라의 위험도 등급화 기법 개발 방향 연구)

  • Kim, Sangkyun
    • Journal of Industrial Technology
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    • v.30 no.B
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    • pp.11-16
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    • 2010
  • To provide a development strategy on the method which assesses a potential risk of nationwide emerging IT infrastructure in planning and design phase, and to classify the assessment result into 5 levels is the goal of this research. The development strategy provided in this paper could improve a benefit-cost-ratio of investments on emerging IT infrastructure. With a premature assessment of the potential risks of a nationwide emerging IT infrastructure which needs astronomical amount of public funds, it could show a way of systematic investments on security systems and improve a benefit-cost-ratio of investments on emerging IT infrastructure. Also, this approach might improve the safety of nationwide IT infrastructure. It could identify and provide an optimized solution for the potential risks of nationwide IT infrastructure.

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Evidence-based estimation of health care cost savings from the use of omega-3 supplementation among the elderly in Korea

  • Hwang, Ji-Yun;Kim, Wu Seon;Jeong, Sewon;Kwon, Oran
    • Nutrition Research and Practice
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    • v.9 no.4
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    • pp.400-403
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    • 2015
  • BACKGROUND/OBJECTIVES: By the year 2050, thirty-eight percent of the Korean population will be over the age of 65. Health care costs for Koreans over age 65 reached 15.4 trillion Korean won in 2011, accounting for a third of the total health care costs for the population. Chronic degenerative diseases, including coronary heart disease (CHD), drive long-term health care costs at an alarming annual rate. In the elderly population, loss of independence is one of the main reasons for this increase in health care costs. Korean heath policies place a high priority on the prevention of CHD because it is a major cause of morbidity and mortality. SUBJECTS/METHODS: This evidence-based study aims to the estimate potential health care cost savings resulting from the daily intake of omega-3 fatty acid supplementation. Potential cost savings associated with a reduced risk of CHD and the medical costs potentially avoided through risk reduction, including hospitalizations and physician services, were estimated using a Congressional Budget Office cost accounting methodology. RESULTS: The estimate of the seven-year (2005-2011) net savings in medical costs resulting from a reduction in the incidence of CHD among the elderly population through the daily use of omega-3 fatty acids was approximately 210 billion Korean won. Approximately 92,997 hospitalizations due to CHD could be avoided over the seven years. CONCLUSIONS: Our findings suggest that omega-3 supplementation in older individuals may yield substantial cost-savings by reducing the risk of CHD. It should be noted that additional health and cost benefits need to be revisited and re-evaluated as more is known about possible data sources or as new data become available.

A Study on Cost Estimation for Smart Mobility Service (스마트 모빌리티 서비스를 위한 비용추정)

  • Cheon, Seohyung;Kim, Dongyeon;Ahn, Jae-Hyeon;Park, Kyuhong
    • Journal of Digital Convergence
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    • v.19 no.11
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    • pp.301-313
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    • 2021
  • The automotive industry is facing a paradigm shift, changing from owning to sharing and from manufacturing to service. However, it is hard to conclude that the economic value of smart mobility service is always positive to users. Cost related to owing or share a vehicle is very hard to estimate from the perspective of potential users as well as the benefit of the service. Focusing on the cost side of the story, this study develops a cost estimating model based on three main factors: electrification, advanced driving assistant systems (ADAS) function, and participation of ride-sharing service. As a result of the model analysis, low cost was estimated as a result when receiving cost benefits such as electrification and ride-sharing participation. Various factors were analyzed through sensitivity analysis also. These results can provide useful insights into the cost prediction and strategies for potential users and manufacturers on smart mobility service market.

Applicability of low pressure membranes for wastewater treatment with cost study analyses

  • Maddah, Hisham A.;Chogle, Aman M.
    • Membrane and Water Treatment
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    • v.6 no.6
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    • pp.477-488
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    • 2015
  • This study demonstrates that low pressure membranes are the ideal choice for industrial and/or municipal wastewater treatment by showing some promising experimental results, understanding different membrane filtration models, studying the potential of membrane bioreactors (MBRs), considering ceramic membranes fabrication and illustrating the role of nanotechnology in membranes. Cost study calculations are included to determine the treatment cost as well as the initial cost of various membrane types. Results showed that integrated membranes are preferred over MBR in case of average capacities. However, higher capacity situations are the most economical choice for MBR. It is shown that the least treatment cost in MBR was about $0.13/m^3$. However, the $0.13/m^3$ is the theoretical cost which is very small compared to the actual average MBR treatment cost of $0.5/m^3$.

Relative Cost Modeling for Main Component Systems fo Parallel Hybrid Electric Vehicle (병렬 하이브리드 전기자동차의 주요 구성시스템에 대한 상대적 가격 모델링)

  • Kim, Pill-Soo;Kim,Yong
    • The Transactions of the Korean Institute of Electrical Engineers B
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    • v.48 no.6
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    • pp.294-300
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    • 1999
  • There is a growing interest in hybrid electric vehicles due to environmental concerns. Recent efforts are directed toward developing an improved main component systems for the hybrid electric vehicle applications. Soon after the introduction of electric starter for internal combustion engine early this century, despite being energy efficient and nonpolluting, electric vehicle lost the battle completly to internal combustion engine due to its limited range and inferior performance. Hybrid Electric vehicles offer the most promising solutions to reduce the emission of vehicles. This paper describes a method for cost reduction estimation of parallel hybrid electric vehicle. We used a cost reduction structure that consisted of five major subsystems (three-type and two-type motor) for parallel hybrid electric vehicle. Especially, we estimated the potential for cost reductions in parallel hybrid electric vehicle as a function of time using the learning curve. Also, we estimated the potentials of cost by depreciation.

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On Minimum Cost Multicast Routing Based on Cost Prediction

  • Kim, Moon-Seong;Mutka, Matt W.;Hwang, Dae-Jun;Choo, Hyun-Seung
    • Journal of Communications and Networks
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    • v.11 no.5
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    • pp.500-508
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    • 2009
  • We have designed an algorithm for a problem in multicast communication. The problem is to construct a multicast tree while minimizing its cost, which is known to be NP-complete. Our algorithm, which employs new concepts defined as potential cost and spanning cost, generates a multicast tree more efficiently than the well-known heuristic called Takahashi and Matsuyama (TM) [1] in terms of tree cost. The time complexity of our algorithm is O($kn^2$) for an n-node network with k members in the multicast group and is comparable to the TM. Our empirical performance evaluation comparing the proposed algorithm with TM shows that the enhancement is up to 1.25%~4.23% for each best case.

Saving Tool Cost in Flexible Manufacturing Systems: Joint Optimization of Processing Times and Pallet Allocation (유연생산시스템에서 절삭공구 비용절감을 위한 가공시간과 팔렛배분의 최적화)

  • 김정섭
    • Journal of the Korean Operations Research and Management Science Society
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    • v.23 no.4
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    • pp.75-86
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    • 1998
  • We address the problem of determining the optimal processing times and pallet/fixture allocation in Flexible Manufacturing systems in order to minimize tool cost while meeting throughput targets of multiple part types. The problem is formulated as a nonlinear program superimposed on a closed queueing network of the FMSs under consideration. A numerical example reveals the potential of our approach for significant cost saving. We argue that our model can be Integrated Into the process planning system of an FMS to generate efficient process plans quickly.

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