• Title/Summary/Keyword: Replacement cost method

Search Result 154, Processing Time 0.028 seconds

Proper Decision for Maintenance Intervals of Equipment in Power Stations by Considering Maintenance Replacement Rate and Operation Rate

  • Nakamura, Masatoshi;Suzuki, Yoshihiro;Hatazaki, Hironori
    • 제어로봇시스템학회:학술대회논문집
    • /
    • 2001.10a
    • /
    • pp.157.3-157
    • /
    • 2001
  • In this paper, the optimal maintenance scheduling for turbine with considering maintenance replacement rate was proposed in order to reduce the maintenance cost during the whole period of operation, meanwhile keeping current reliability of turbine. The proposed method is only based on a few limited available data with various factors relating to maintenance replacement and repair of turbine. The proposed method will be adopted by Kyushu Electric Power Co., Inc. from April in 2002 to determine the maintenance schedule of thermal power plants.

  • PDF

Determination of Container Ship' s Economical Replacement Policy by Fuzzy Annual Equivalent Cost Method (퍼지 연등가 비용법을 이용한 선박의 경제적 교체시기 결정)

  • Jang, Woon-Jae;Keum, Jong-Soo
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
    • /
    • 2007.12a
    • /
    • pp.241-242
    • /
    • 2007
  • This paper aims to determination of container ship's economical replacement policy by Fuzzy Annual Equivalent Cost Method Especially, though there was much vagueness to expense for calculation of container ship's economical life, this paper expressed such vague nature with a fuzzy number. And this paper developed the fuzzy expense model with a fuzzy number, and to analyze more practically than an expense model, was decided economical life-age with an application in a containership of various volumes.

  • PDF

A Study on Equipment Replacement under Technological development environment (진보하는 기술 환경에서의 장비 구체에 관한 연구)

  • 고현우;황의철
    • Journal of Korean Society of Industrial and Systems Engineering
    • /
    • v.17 no.30
    • /
    • pp.51-57
    • /
    • 1994
  • This paper considers the problem of equipment replacement A equipment replacement problem is treated in a thchnological development environment. Our model assumes that the costs associated with the presently available thchnology and future technology is known, but the appearance times of future technology is uncertain. A cost model is presented, and method is suggested for finding the optimal operating time for replacement A numerical example is shown.

  • PDF

Determination of Optimal Time to Replace On-S Water Pipeline by Analyzing Water Main Failures and Economical Efficiency (수도사고 분석 및 경제성 평가를 통한 상수관로 최적 교체시기 결정)

  • Kim, Jong-Sin;Jung, Kwan-Sue;Bae, Chul-Ho;Lee, Doo-jin
    • Journal of Korean Society of Water and Wastewater
    • /
    • v.23 no.3
    • /
    • pp.279-285
    • /
    • 2009
  • In this study, applied to the industrial water service, it is verified feasibility of break-even analysis method which has not been introduced in Korea. The On-san water pipeline of 7.1km among the Ul-san industrial water service is selected and the optimal replacement time calculated by break-even analysis method is year 2033 to 2044 which will be 53 to 67 years since the pipes were buried. If indirect cost such as the value of lost water and traffic disruption, service interruption, etc. is calculated as 30 and 100% of the direct cost, the financially optimum replacement time is advanced 3 to 9 years. These ways present rational criteria to establish long-term plan for budget and to execute the limited budget efficiently.

A Study on a Preventive Replacement Model by the Dynamic Programming Method (동적 계획법에 의한 예방교체모형에 관한 연구)

  • 조재립;황의철
    • Journal of Korean Society of Industrial and Systems Engineering
    • /
    • v.10 no.16
    • /
    • pp.75-80
    • /
    • 1987
  • This paper is deals with the preventive replacement for the equipment which fails only when the total amount of damage reaches a prespecified failure level. Most of replacement model use time as their decision variable, but it is not appropriate for the cases in which failures dependent on their cumulative damage levels. In this paper, a new type preventive replacement model is introduced in which an equipment is replaced before failure when the cumulative damage reaches a certain level or replaced on failure, whichever occures first. The optimal replacement damage levels which minimize total expected cost are obtained by the Dynamic programming Method when the number of use of the equipment is finite. A numerical example is also presented. The optimal preventive replacement policy when the equipment will be used for a finite time span is also discussed.

  • PDF

Optimal Number of Failures before Group Replacement under Minimal Repair

  • Young Kwan, Yoo
    • Journal of the Korea Safety Management & Science
    • /
    • v.6 no.1
    • /
    • pp.61-70
    • /
    • 2004
  • In this paper, a group replacement policy based on a failure count is analysed. For a group of identical repairable units, a maintenance policy is performed with two phase considerations: a repair interval phase and a waiting interval phase. Each unit undergoes minimal repair at failure during the repair interval. Beyond the interval, no repair is made until a number of failures. The expected cost rate expressions under the policy is derived. A method to obtain the optimal values of decision variables are explored. Numerical examples are given to demonstrate the results.

A Probabilistic Analysis on the Repair and Replacement Cost of Educational Facilities (교육시설물의 수선교체비용에 대한 확률론적 분석 연구)

  • Yu, Yeong-jin;Son, Kiyoung;Kim, Ji-Myong;Kim, Taihui
    • Journal of the Korean Institute of Educational Facilities
    • /
    • v.25 no.1
    • /
    • pp.3-12
    • /
    • 2018
  • Educational facilities are more uncertain about maintenance costs due to their comprehensive and long life-cycle compared to commercial buildings. In addition, maintenance of the existing post management system can not maintain the original function of education facilities continuously and economically. In order to overcome this problem, it is necessary to analyze the repair and replacement cost for the uncertainty factor in maintenance. This study propose a model to determine repair and maintenance cost and cycle of educational facility based on probabilistic estimation concept. For the analysis, Monte Carlo simulation, a probabilistic analysis method, was applied based on the repair and maintenance history data of the educational facilities in Florida. The results of this study can be used as a guideline for quantitative facility management and facility management research.

Experimental study on repair of corroded steel beam using CFRP

  • Chen, Meiling;Das, Sreekanta
    • Steel and Composite Structures
    • /
    • v.9 no.2
    • /
    • pp.103-118
    • /
    • 2009
  • It has been reported that more than thirty five percent of steel bridges in the USA are structurally deficient because of structural degradations. The degraded structures need either full replacement or rehabilitation such that they are able to provide the required services for a longer period of time. The cost for repair in most cases is far less than the cost of replacement. Moreover, repair method generally takes less time than replacement and also reduces service interruption time. Modern advanced composites have been used in aerospace and automotive fields since World War II. In the recent past, because of the high strength-to-weight ratio and high stiffness-to-weight ratio, these composite materials have been introduced to civil engineering infrastructures primarily for repair and rehabilitation of concrete structures. However, only a few preliminary studies on repair of corroded steel structures using theses composite materials are reported in the literature available in the public domain. Thus, in this study, a series of laboratory tests was undertaken to evaluate the effectiveness of this repair method using carbon fiber reinforced polymer composite. The paper discusses the test method and test results obtained from these tests.

Probabilistic Optimization for Improving Soft Marine Ground using a Low Replacement Ratio (해상 연약지반의 저치환율 개량에 대한 확률론적 최적화)

  • Han, Sang-Hyun;Kim, Hong-Yeon;Yea, Geu-Guwen
    • The Journal of Engineering Geology
    • /
    • v.26 no.4
    • /
    • pp.485-495
    • /
    • 2016
  • To reinforce and improve the soft ground under a breakwater while using materials efficiently, the replacement ratio and leaving periods of surcharge load are optimized probabilistically. The results of Bayesian updating of the random variables using prior information decrease uncertainty by up to 39.8%, and using prior information with more samples results in a sharp decrease in uncertainty. Replacement ratios of 15%-40% are analyzed using First Order Reliability Method and Monte Carlo simulation to optimize the replacement ratio. The results show that replacement ratios of 20% and 25% are acceptable at the column jet grouting area and the granular compaction pile area, respectively. Life cycle costs are also compared to optimize the replacement ratios within allowable ranges. The results show that a range of 20%-30% is the most economical during the total life cycle. This means that initial construction cost, maintenance cost and failure loss cost are minimized during total life cycle. Probabilistic analysis for leaving periods of shows that three months acceptable. Design optimization with respect to life cycle cost is important to minimize maintenance costs and retain the performance of the structures for the required period. Therefore, more case studies that consider the maintenance costs of soil structures are necessary to establish relevant design codes.

A Study on Cost Benefit Analysis Optimization Model for Water Distribution Network Rehabilitation Project of Taebaek Region (태백권 배수관망 개량사업의 비용효과분석 최적화 모델 연구)

  • Kim, Taegon;Choi, Taeho;Kim, Kyoungpil;Koo, Jayong
    • Journal of Korean Society of Water and Wastewater
    • /
    • v.29 no.3
    • /
    • pp.395-406
    • /
    • 2015
  • This research carried out an analysis on input cost and leakage reduction effect by leakage reduction method, focusing on the project for establishing an optimal water pipe network management system in the Taebaek region, which has been executed annually since 2009. Based on the result, optimal cost-benefit analysis models for water distribution network rehabilitation project were developed using DEA(data envelopment analysis) and multiple regression analysis, which have been widely utilized for efficiency analysis in public and other projects. DEA and multiple regression analysis were carried out by applying 4 analytical methods involving different ratios and costs. The result showed that the models involving the analytical methods 2 and 4 were of low significance (which therefore were excluded), and only the models involving the analytical methods 1 and 3 were suitable. From the result it was judged that the leakage management method to be executed with the highest priority for the improvement of revenue water ratio was installation of pressure reduction valve, followed by replacement of water distribution pipe, replacement of water supply pipe, and then leakage detection and repair; and that the execution of leakage management methods in this order would be most economical. In addition, replacement of water meter was also shown to be necessary in case there were a large number of defective water meters.