• Title/Summary/Keyword: Unit cost

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Cost Accounting of Electricity and Heat on Combined Cycle Cogeneration (복합열병합 발전에 대한 전기 및 열 원가산정)

  • 김덕진;이근휘
    • Korean Journal of Air-Conditioning and Refrigeration Engineering
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    • v.16 no.7
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    • pp.673-682
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    • 2004
  • The cost accounting of products on energy system is important for evaluating the economical efficiency and deciding the reasonable sale price. In the present, the suggested OECOPC method was applied to a combined cycle cogeneration, and each unit cost of electricity and heat products was calculated. In addition, the previous thermoeconomic methods were applied and calculated to equal system. As a result of comparing various methods, the unit costs by OECOPC method were calculated in the middle value of those. This result tells that OECOPC methods are most moderate. The suggested OECOPC method can apply any energy system. Hence this method is expected to make contribution to cost accounting on energy System.

Replacement Model Based on Cost and Downtime

  • Jung, Ki-Mun;Han, Sung-Sil;Lim, Jae-Hak
    • Journal of the Korean Data and Information Science Society
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    • v.14 no.4
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    • pp.889-901
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    • 2003
  • In this paper, we consider the optimal replacement policies following the expiration of the combination warranty. The combination warranty can be divided into the renewing combination warranty and the non-renewing combination warranty. The criterion used to determine the optimal replacement period is the overall value function based on the expected cost and the expected downtime. Thus, we obtain the expected cost rate per unit time and the expected downtime per unit time for our model. And then the overall value function suggested by Jiagn and Ji(2002) is applied to obtain the optimal replacement period. The numerical examples are presented for illustrative purpose.

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The Characteristics of the Repair Cost Distribution in Apartment Housing

  • Lee, KangHee;Chae, ChangU
    • KIEAE Journal
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    • v.15 no.6
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    • pp.19-26
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    • 2015
  • Purpose: The repair would require to conserve and improve the building function and performance since built. Each household is responsible for maintaining the public facilities and paying the required cost. Therefore, it needs to get the tool or method to forecast the required cost in the future. Before the repair cost is provided, it needs to catch the repair cost distribution and provide the unit cost for the repair cycle. In this study, it aimed at providing the repair cost unit and analyzing the repair cost distribution in a roof proofing work, elevator work and building painting, which are divided into a fully work and partly change. Results of this study are shown that first, the average repair cost for roof proofing work is provided with $166.59{\times}10^3won/household$ and $1.59{\times}10^3won/m^2$ of a full change, $33.22{\times}10^3won/household$ and $0.33{\times}10^3won/m^2$ for a partly work. In addition, elevator work is $557.45{\times}10^3won/household$ and $5.38{\times}10^3won/m^2$ for a full change, $32.92{\times}10^3won/household$ and $0.56{\times}10^3won/m^2$ for a partly repair. Painting has a $304.48{\times}10^3won/household$ and $2.94{\times}10^3won/m^2$. Second, the distribution pattern of repair unit cost has a weibull-typed distribution which has a long tail to the right.

Comparison Analysis of a Cost Price for Dental Prosthetic Restoration (치과기공물 원가계산의 비교분석)

  • Park, Myoung-Ho;Lee, Sang-Rak
    • Journal of Technologic Dentistry
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    • v.22 no.1
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    • pp.153-178
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    • 2000
  • Dental prosthetic restoration shows a big difference of cost per itemized unit depending on the size of dental labs, facility standard, manpower, and performance. Even the same dental labs have distinctive cost according to manufacturing performance, inflation, and the number of workers. However, in apite of such a change of circumstances, it appears to be quite stable in the relative cost per itemized unit unless the manufacturing trend of particular item changes dramatically. Therefore, if the relative number of cost per itemized unit, which is produced by costing, is indicated, we are able to utilize it effectively as a standard wage estimate. If the wage of dental prosthetic restoration is determined on the basis of cost, it is desirable that the relative value of cost and that of wage are identical. But, by means of comparative analysis, since the relative value of wage reveals mostly lower than that of cost depending on an item, it is considered that the wage is not reflecting the cost approproately. Due to the subdivision and the profession of medical technology, the new development of wage items for dental prosthetic restoration is required. This means that the need for the establishment of new wage items should be presented as the general concept of dental prothetic restroation changes and the level of pathologic technology increases. The current wage structure has differences in the degree of difficulty accroding to unit items and in the cost factors. Nevertheless, the differences are not reflected enough to the wage, so there is potential to lower the medical quality through the use of low-proce materials to avoid the increase of cost and the work process which skips a manufacturing step. The new items of dental prosthetic restoration also increases, but the development of proper numerical value system is not supported. Thus, the right proce is set mostly by applying to the wage of a similar item. Since most wages are established by an individual agreement between the dental clinic institute and the dental labs, the propriety of wage level lacks. Therefore, it is urgent to provide and promote the system of a fair work charge by a standard cost which can be applied to all medical institute.

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Optimal replacement strategy under repair warranty with age-dependent minimal repair cost

  • Jung, K.M.
    • International Journal of Reliability and Applications
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    • v.12 no.2
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    • pp.117-122
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    • 2011
  • In this paper, we suggest the optimal replacement policy following the expiration of repair warranty when the cost of minimal repair depends on the age of system. To do so, we first explain the replacement model under repair warranty. And then the optimal replacement policy following the expiration of repair warranty is discussed from the user's point of view. The criterion used to determine the optimality of the replacement model is the expected cost rate per unit time, which is obtained from the expected cycle length and the expected total cost for our replacement model. The numerical examples are given for illustrative purpose.

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A Study on Developing the Acquisition Unit Cost Estimating Model of the Guided Weapon System (유도무기 획득단가 추정 모델 개발에 관한 연구)

  • Kim, Yonghyun;Lee, Yongbok;Jung, Wonil;Kim, Dongkyu;Kang, Sungjin
    • Journal of the Korea Institute of Military Science and Technology
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    • v.15 no.5
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    • pp.565-576
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    • 2012
  • Cost estimates are necessary for government acquisition program to support decisions about funding, to develop annual budget requests and to validate resource requirements at key decision points. Many researches have been done about cost estimating technique recently. Parametric cost estimating models based on CERs(Cost Estimating Relationships) have been mainly used using regression method with historical data. However, there are many restrictions in developing Korean version CERs because the number of data points are too small. Specially, data collection and data management system are unstable in Korean defense environment, when developing CERs. In this research, we analyzed the historical data, and found some cost drivers in guided weapon system area. We developed the Acquisition Unit Cost CER using the regression to remove multicollinearity in the historical data. So we could overcome the restriction of the insufficient sample number. This research as a first attempt is meaningful in terms of obtaining our own Acquisition Unit Cost CER using historical cost and physical characteristic in Korean development environment.

A Suggestion for the Worth Evaluation of Warm Air and the Allocation Methodology of Heating Cost (온기의 가치평가 및 난방비 배분방법론 제안)

  • Kim, Deok-Jin
    • Korean Journal of Air-Conditioning and Refrigeration Engineering
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    • v.20 no.10
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    • pp.654-661
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    • 2008
  • Our government will make a plan regulating the cooling limit temperature of the summer season to 26 degree and the heating limit temperature of the winter season to 20 degree for energy saving. Where, the key point of this politic pursuit can be the charge system on heating and cooling cost. Currently, the heating and cooling cost are charged as much as the volume or heat flow rate regardless of the high and low room temperature. However, we have suggested new cost estimating methodology as a worth method in the precedent study, and preformed the worth evaluation and cost allocation of electricity and heat on various cogenerations. In this study, we applied the suggested worth method to four kind of warm air, and preformed the worth evaluation and cost allocation of each warm air. As a result, the more energy a customer saved, the more heating unit cost decreased, and the more energy a customer consumed, the more heating unit cost increased. From this analysis, we hope that the suggested worth methodology can offer a theoretical basis to the politic pursuit of government, and induce the spontaneous energy saving of consumers.

Decommissioning Cost Estimation of Kori Unit 1 Using a Multi-Regression Analysis Model (회귀 분석 모델을 이용한 고리 1호기 해체 비용 추정)

  • Joo, Han Young;Kim, Jae Wook;Jeong, So Yun;Moon, Joo Hyun
    • Journal of Nuclear Fuel Cycle and Waste Technology(JNFCWT)
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    • v.18 no.2_spc
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    • pp.247-260
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    • 2020
  • A multi-regression model was developed to estimate the decommissioning cost for Kori unit 1 using foreign nuclear power plant (NPP) decommissioning cost data. First, the decommissioning cost data were collected for 13 boiling water reactors and 16 pressurized water reactors and converted into the values as of November 2019. Then, for the regression model, the decommissioning cost was chosen as the dependent variable, and two variables were selected as independent variables: a contamination factor that was designed to reflect the operational characteristics of the decommissioned NPP and the decommissioning period. A statistical package in the R language was used to derive the regression model. Finally, the regression model was applied to estimate the decommissioning cost for Kori unit 1. The estimated decommissioning cost for Kori unit 1 was 663.40~928.32 million US dollars (782,812~1,095,418 million Korean won).

Optimal design of parallel noncontinuous units with feedstock/product storages (원료및 제품저장조를 포함하는 병렬 비연속 공정의 최적설계)

  • Yi, Gyeong-Beom
    • Journal of Institute of Control, Robotics and Systems
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    • v.3 no.5
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    • pp.532-541
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    • 1997
  • This article derives an analytic solution to determine the optimal size of multiple noncontinuous process and storage units. The total cost to be minimized consists of the setup cost of noncontinuous processing units and the inventory holding cost of feedstock/product storages. A novel approach, which is called PSW(Periodic Square Wave) model, is applied to represent the material flow among non-continuous units and storages. PSW model presumes that the material flow between unit and storage is periodic square wave shaped. The resulting optimal unit size has similar characteristics with the classical economic lot sizing model such as EOQ(Economic Order Quantity) or EPQ(Economic Production Quantity) model in a sense that the unit size is determined as the balance between setup and inventory holding cost. However, the influence of inventory holding cost of PSW model is different from that of EOQ/EPQ model. EOQ/EPQ model includes only the product inventory holding cost but PSW model includes all inventory holding costs around the non-continuous unit with proportional contribution. PSW model is suitable for analyzing interlinked process-storage system. The optimal lot size of PSW model is smaller than that of EOQ/EPQ model. This is quitea remarkable result considering that the EOQ/EPQ model has been is widely used since last half century.

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Assignment-Change Optimization for the Problem of Bid Evaluation (입찰 평가 문제의 배정-변경 최적화)

  • Lee, Sang-Un
    • The Journal of the Institute of Internet, Broadcasting and Communication
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    • v.21 no.4
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    • pp.171-176
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    • 2021
  • This paper deals with bid evaluation problem that chooses the vendors and quantity with minimum purchasing cost for bid information of setup cost and unit price. For this problem, the branch-and-bound(BB) and branch-and-cut(BC) methods are well-known. But these methods can be fail to obtain the optimal solution. This paper gets the initial feasible solution with procuring quantity assignment principle in accordance with the unit price or setup cost rank-first. Then procuring quantity moving optimization(vendor change) is execute take account of unit price or setup cost rank. As a result of experimentation, the propose algorithm is significantly lower compared to BB and BC.