• Title/Summary/Keyword: Present worth

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Development and Applications of a Methodology and Computer Algorithms for Long-term Management of Water Distribution Pipe Systems (상수도 배수관로 시스템의 장기적 유지관리를 위한 방법론과 컴퓨터 알고리즘의 개발 및 적용)

  • Park, Suwan
    • Journal of Korean Society on Water Environment
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    • v.23 no.3
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    • pp.356-366
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    • 2007
  • In this paper a methodology is developed to prioritize replacement of water distribution pipes according to the economical efficiency of replacement and assess the long-term effects of water main replacement policies on water distribution systems. The methodology is implemented with MATLAB to develop a computer algorithm which is used to apply the methodology to a case study water distribution system. A pipe break prediction model is used to estimate future costs of pipe repair and replacement, and the economically optimal replacement time of a pipe is estimated by obtaining the time at which the present worth of the total costs of repair and replacement is minimum. The equation for estimating the present worth of the total cost is modified to reflect the fact that a pipe can be replaced in between of failure events. The results of the analyses show that about 9.5% of the pipes in the case study system is required to be replaced within the planning horizon. Analyses of the yearly pipe replacement requirements for the case study system are provided along with the compositions of the replacement. The effects of water main replacement policies, for which yearly replacement length scenario and yearly replacement budget scenario are used, during a planning horizon are simulated in terms of the predicted number of pipe failures and the saved repair costs.

A Study on the reliability method development for the LCC analysis (LCC분석에 있어서 신뢰성기법 활용에 관한 연구)

  • Lee, J.B.;Cho, S.H.;Min, B.C.;Hong, D.Y.;Lee, W.J.
    • Proceedings of the Korean Reliability Society Conference
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    • 2011.06a
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    • pp.319-328
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    • 2011
  • The failure of LCC analysis is recognized as a serious risk for companies in fast-paced business environment. LCC analysis has been mentioned and analyzed only in accounting perspectives, but recently engineering perspectives of LCC analysis based on the execution of appropriate procedures become more important than the accounting perspectives. Especially, the practical use of reliability engineering related methodologies is recognized as a key factor for the LCC analysis. For the practical use of reliability methods, LCC analysis for unexposed problems is a key issue, and utilizing FMEA and FTA techniques is needed to solve the unexposed problems. Reliability, maintainability, availability, and safety should be evaluated by the LCC analysis with the reliability methods, so we study methodologies for the LCC analysis. Present Worth can be calculated by multiplication of Annual Equivalent Cost and PWAF. Reliability engineering related methods are needed for the process of dividing Present Worth into PWAF, and the practical use of reliability methods can improve accuracy of LCC analysis.

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A Study on the Economic Analysis for Ballast Water Treatment System (선박 평형수 처리 장치의 선내 배치를 위한 경제성 평가 연구)

  • Kim, Soo-Young;Shin, Sung-Chul;Chung, Bo-Young;Jo, Jung-Hwa;Kang, Byung-Yoon
    • Journal of the Society of Naval Architects of Korea
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    • v.47 no.2
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    • pp.258-264
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    • 2010
  • Various kinds of ballast water treatment systems (BWTS) have been developed corresponding to reinforced IMO rules for marine environment. Some of them got the certificate of IMO and others are waiting for it. Selection of optimum BWTS is very important. Optimum BWTS means not only functional requirements but also economic efficiency. This paper presents economic analysis model for optimum BWTS according to ship type and size. In this study 10 kinds of BWTS whose initial installation cost and maintenance cost are known are analyzed based on present worth method. It is assumed that all BWTS satisfy minimum functional requirements and we need to consider different economical efficiency. Through the economic analysis we could select optimum BWTS.

Children's Self-Percieved Competence and Their perception of Parental Warnth and Control (부모의 온정 및 통제와 아동의 역량에 대한 자기자각)

  • Kong, In Sook
    • Korean Journal of Child Studies
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    • v.10 no.1
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    • pp.64-78
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    • 1989
  • The present study investigated children's self-perceived competence as related to (1) their perception of parental warmth and control (2) age and sex of child (3) the relationship of this perception to parents' educational level and children's sex. The subjects were 303 fourth and sixth grade children selected from three elementary schools in Seoul. The instruments were a children's self-perceived competence scale, and a perception of parental warmth and control scale. Frequencies, percentiles, mean, t-test, one-way-ANOVA, and $Scheffe{\acute{e}}$-test were used for data analysis. There were significant differences in children's self-perceived competence by perception of parental warmth and control. The children who perceived more parental warmth and control perceived themselves higher in cognitive and social competence and in self-worth. Children whose parents' were college graduates perceived highest parental warmth. Fourth grade children perceived themselves higher than sixth grade children in cognitive competence and in global self-worth. Boys perceived themselves higher than girls in physical competence. Boys perceived higher parental control than girls.

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시내외 전화서비스 가격의 최적결정에 관한 실증연구

  • Ji, Gyeong-Yong
    • ETRI Journal
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    • v.10 no.4
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    • pp.146-160
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    • 1988
  • The purpose of the present study is to build a model to determine the structure of long-term quasi-optimal rates of local and toll telephone services. The outline of this study is as follows : Telephone business, providing social goods, is capital-intensive industry which needs huge fixed cost to operate exchanges and telephone networks nationwide. The nature of above industry justifies the market structure of telephone business to be natural monopoly and makes a good reason for government's direct regulation, that is, price regulation. Three is a gap between the present rates and the quasi-optimal ones because some administrative processes intervene in rate making process before execution. On the above diagnostic basis, the present study made an empirical test for the optimality of present rates structure in connection with Ramsey-Boiteux model to maximize the sum of producer's and consumer's surplus and also the current study proposed a qusasi-optimal rates structure for better market performance. From the empirical analysis, we can deduce a policy recommendation the local price should be increased to 47% whereas toll price decreased to 24% in order to improve the net welfare worth of 32.6 billion won.

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The Relationship between External Contingencies of Self-Worth and Materialism of Undergraduates: Self-Discrepancy and the Stability of Self-Esteem as Mediators (대학생의 외적 자기가치 수반성과 물질주의의 관계: 자기 불일치, 자존감 안정성의 매개효과)

  • Shin, Jiyun;Seol, Kyoung Ok
    • Korean Journal of Culture and Social Issue
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    • v.28 no.3
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    • pp.373-392
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    • 2022
  • The present study aimed to emprically verify the materialistic pursuits process of undergraduates by applying the escape theory of materialism(Donnelly et al., 2016). Among the six steps of Donnelly's model, the first step is percieving that the fall short of high standards of life, as measured by external contingencies of self-worth. The second step is blaming the self for falling short of standards, as measured by self-discrepancy. The third step of high aversive self-awareness is measured by low stability of self-esteem. A total of 465(203 male and 262 female) college students participated in the online survey and the model was tested using structural equation model. We found that the relationship of external contingencies of self-worth and materialism was mediated by self-discrepancy and there was a sequential mediation effect of self-discrepancy and the stability of self-esteem. The direct effect of external contingencies of self-worth on materialism was also significant. This study is meaningful in that it used the escape theory to emprically verify the materialistic pursuit process of Korean undergraduates living in a meritocratic society.

Iconological Interpretation of the Fashion of Rock Stars in the 1960's (1960년대 록 스타 패션의 도상학적 해석)

  • Lee, Jung-Won;Geum, Key-Sook
    • Journal of the Korean Society of Costume
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    • v.58 no.6
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    • pp.69-84
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    • 2008
  • Considering that star reflects the image of current society, analyzing fashion of celebrity is to read ideal type and demands of beauty of the era. Especially the rock music-represents youth culture that last on present day-born in 1960's, and it is considered to a significant decade in pop music history. Thus this research will analysis rock star's fashions in iconological view of E. Panofsky. The aim of this document is Clarifying how the fashion of pop stars appeared and what formed its worth. As a result of analyzing fashions of rock star in 1960's, it is available to find these sameness and difference. The Mods borrowed images of the past, and introduce the elite modernism and shows very urban style. The Folky and the Psychedelic showed post-structuralism propensity against industrial society, in the case of the Folky it induced styles that symbolize labor class to realize social worth. And as an aftereffect of war and repulsion of commercial worth, they embody nature-returning peasant look so that it shows pastoral mood in total. The Psychedelic express somewhat struggling escapism and it generated illusionary images with quests to superego and glorification to psychedelic status. The Folky and the Psychedelic are same in the side of introducing existentialism, this occurred by using ethnic factor. But the Folky showed plain outlook by pop propensity, on the other hand, the Psychedelic showed magnificent outlook such as optical art, pop art, and futurism ought to express merrymaking culture. And common feature of these is introduction of unisex mod which is came after the change of gender role. Thus each star or group has professed special ideology into their culture and it is reflected to acts which is including music and dress style. This affair is analyzed like these two things. The mass of people schemes their identity with inducing special ideology to their culture at the first. And the purpose to archive cultural hegemony in inter-social class at the next.

Warranty Cost Analysis and Its Application to Replacement Policy for a Repairable Warranted Item (수리가능한 품목의 보증비용분석과 응용)

  • Son, Eun-Il;Suh, Yong-Sung;Park, Young-Taek
    • Journal of Korean Society for Quality Management
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    • v.22 no.3
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    • pp.54-65
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    • 1994
  • A hybrid warranty policy for a repairable item is considered. Assuming that minimal repairs ar e performed for failures during warranty period, present worth of warranty cost is derived from a supplier's viewpoint. An optimal preventive periodic replacement policy for the case is also derived from a user's viewpoint Numerical examples are presented in order to explain the results.

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Dynamic rod worth measurement method based on eqilibrium-kinetics status

  • Lee, Eun-Ki;Jo, YuGwon;Lee, Hwan-Soo
    • Nuclear Engineering and Technology
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    • v.54 no.3
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    • pp.781-789
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    • 2022
  • KHNP had licensed Dynamic Control rod Reactivity Measurement (DCRM) method using detector current signals of PWRs in 2006. The method has been applied to all PWRs in Korea for about 15 years successfully. However, the original method was inapplicable to PWRs using low-sensitivity integral fission chamber as ex-core detectors because of their pulse pile-up and the nonlinearity of the mean-square voltage at low power region. Therefore, to overcome this disadvantage, a modified method, DCRM-EK, was developed using kinetics behavior after equilibrium condition where the pulse counts maintain the maximum value before pulse pile-up. Overall measurement, analysis procedure, and related computer codes were changed slightly to reflect the site test condition. The new method was applied to a total of 15 control rods of 1000 MWe and 1400 MWe PWRs in Korea with worths in the range of 200 pcm -1200 pcm. The results show the average difference of -0.4% and the maximum difference of 7.1% compared to the design values. Therefore, the new DCRM-EK will be applied to PWRs using low sensitivity integral fission chambers, and also can replace the original DCRM when the evaluation fails by big noises present in current or voltage signals of uncompensated/compensated ion chambers.

Economic Analysis on Solar Energy System with Decision Support Models (의사 결정지원 모형에 의한 태양에너지 이용시스템의 경제성 고찰)

  • Chea, In-Su;Jo, Dok-Ki;Chea, Young-Hi
    • Solar Energy
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    • v.10 no.1
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    • pp.63-79
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    • 1990
  • It has been recognized that a policy for supplying solar house and hot water production systems utilizing solar energy needs to be driven to save civilian comsuming energy or to develop alternative energy. However, the economic feasibility study of solar energy systems must be carried out before their practical use. The purpose of this study is to furnish information for supplying policy and enlightening users with the economic feasibility study of solar house and hot water production systems. Decision support systems are established to carry out economic analysis on solar systems more accurately. Therefore, computer simulation is carried out to analyze the performance of solar systems and also economic feasibility study by trial and error method is carried out. Fuel cost and additional cost for solar systems are estimated employing present worth concept and economic analysis has been conducted using the break-even point analysis method and life-cycle cost analysis method.

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