• Title/Summary/Keyword: Unit process cost

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ASSESSMENT OF ACTIVITY-BASED PYROPROCESS COSTS FOR AN ENGINEERING-SCALE FACILITY IN KOREA

  • KIM, SUNGKI;KO, WONIL;BANG, SUNGSIG
    • Nuclear Engineering and Technology
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    • v.47 no.7
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    • pp.849-858
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    • 2015
  • This study set the pyroprocess facility at an engineering scale as a cost object, and presented the cost consumed during the unit processes of the pyroprocess. For the cost calculation, the activity based costing (ABC) method was used instead of the engineering cost estimation method, which calculates the cost based on the conceptual design of the pyroprocess facility. The calculation results demonstrate that the pyroprocess facility's unit process cost is $194/kgHM for pretreatment, $298/kgHM for electrochemical reduction, $226/kgHM for electrorefining, and $299/kgHM for electrowinning. An analysis demonstrated that the share of each unit process cost among the total pyroprocess cost is as follows: 19% for pretreatment, 29% for electrochemical reduction, 22% for electrorefining, and 30% for electrowinning. The total unit cost of the pyroprocess was calculated at $1,017/kgHM. In the end, electrochemical reduction and the electrowinning process took up most of the cost, and the individual costs for these two processes was found to be similar. This is because significant raw material cost is required for the electrochemical reduction process, which uses platinum as an anode electrode. In addition, significant raw material costs are required, such as for $Li_3PO_4$, which is used a lot during the salt purification process.

A study on evaluation of information retrieval system (정보검색(情報檢索)시스템의 평가(評価)에 관한 연구(硏究))

  • Park, In-Ung
    • Journal of the Korean BIBLIA Society for library and Information Science
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    • v.5 no.1
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    • pp.85-105
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    • 1981
  • Information is an essential factor leading the rapid progress which is one of the distinguished characteristics in modem society. As more information is required and as more is supplied by individuals, governmental units, businesses, and educational institutions, the greater will be the requirement for efficient methods of communication. One possibility for improving the information dissemination process is to use computers. The capabilities of such machine are beginning to be used in the process of Information storage, retrieval and dissemination. An important problems, that must be carefully examined is whether one technique for information retrieval is better for worse than another. This paper examines problem of how to evaluate an information retrieval system. One specific approach is a cost accounting model for use in studying how to minimize the cost of operating a mechanized retrieval system. Through the use of cost analysis, the model provides a method for comparative evaluation between systems. The general cost accounting model of the literature retrieval system being designed by this study are given below. 1. The total cost accounting model of the literature retrieval system. The total cost of the literature retrieval system = (the cost per unit of user time X the amount of user time) + ( the cost per unit of system time X the amount of system time) 2. System cost accounting model system cost = (the pre-search system cost per unit of time X time) + (the search system cost per unit of time X time) + (the post search system cost per unit of time X time) 1) Pre-search system cost per unit of time = cost of channel per unit time + cost of central processing unit per unit time + cost of storage per unit time 2) Search system cost per unit of time = comparison cost + document representation cost. 3) Post-search system cost per unit of time. = cost of channel per unit time + cost of central processing unit per unit time + cost of storage per unit time 3. User cost accounting model Total user cost = [pre-search user cost per unit of time X (time + additional time) ] + [search user cost per unit of time X (time + additional time) ] + [post-search user cost per unit of time X (time + additional time) ].

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A Combined Process Control Procedure by Monitoring and Repeated Adjustment

  • Park, Changsoon
    • Communications for Statistical Applications and Methods
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    • v.7 no.3
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    • pp.773-788
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    • 2000
  • Statistical process control (SPC) and engineering process control (EPC) are based on different strategies for processes quality improvement. SPC reduces process variability by detecting and eliminating special causes of process variation. while EPC reduces process variability by adjusting compensatory variables to keep the quality variable close to target. Recently there has been needs for a process control proceduce which combines the tow strategies. This paper considers a combined scheme which simultaneously applies SPC and EPC techniques to reduce the variation of a process. The process model under consideration is an integrated moving average(IMA) process with a step shift. The EPC part of the scheme adjusts the process back to target at every fixed monitoring intervals, which is referred to a repeated adjustment scheme. The SPC part of the scheme uses an exponentially weighted moving average(EWMA) of observed deviation from target to detect special causes. A Markov chain model is developed to relate the scheme's expected cost per unit time to the design parameters of he combined control scheme. The expected cost per unit time is composed of off-target cost, adjustment cost, monitoring cost, and false alarm cost.

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A Study on the Cost Estimating Method based on Spatial Unit Focused on Improving Limitation Caused by Lack of Spatial Information of the Cost Based on Work Type (공간단위 공사비 산정방법에 관한 연구 - 공종별 공사비의 공간정보 부재로 인한 한계점 개선을 중심으로 -)

  • Lee, Ki-Sang
    • Korean Journal of Construction Engineering and Management
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    • v.12 no.3
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    • pp.131-139
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    • 2011
  • In this Study, the Cost of Public Facility Construction in the VE Cost Model, and the Progress of the Construction Site Management, and Cost due to the Lack of Cpatial Information in Dispute Cost Work Type Recognize the limits of Historical Information, and to Overcome the Perception of Cost and Space Systems Unit In the Process of Transition that Began Seeking Ways to Improve Through this Study, Different Parts of the Proposed Area of Construction Work Unit System, the Core of Calculating Hourly and Detailed Engineering Information and Cost Information Generated Extension to Configure the Construction Unit in Every Space, Every Work Unit System, All Materials That Make Up Work Unit System, Unit Labor Costs, And All of the Configuration Items Enables Precise And Multidimensional Understanding is That.

An optimal management policy for the surplus process with investments (재투자가 있는 잉여금 과정의 최적 운용정책)

  • Lim, Se-Jin;Choi, Seungkyoung;Lee, Eui-Yong
    • The Korean Journal of Applied Statistics
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    • v.29 no.7
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    • pp.1165-1172
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    • 2016
  • In this paper, a surplus process with investments is introduced. Whenever the level of the surplus reaches a target value V > 0, amount S($0{\leq}S{\leq}V$) is invested into other business. After assigning three costs to the surplus process, a reward per unit amount of the investment, a penalty of the surplus being empty and the keeping (opportunity) cost per unit amount of the surplus per unit time, we obtain the long-run average cost per unit time to manage the surplus. We prove that there exists a unique value of S minimizing the long-run average cost per unit time for a given value of V, and also that there exists a unique value of V minimizing the long-run average cost per unit time for a given value of S. These two facts show that an optimal investment policy of the surplus exists when we manage the surplus in the long-run.

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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A Cost Model for an Activity in Ship Production (선박 건조의 생산단위에 대한 Cost Model)

  • Jeong-Je Kim
    • Journal of the Society of Naval Architects of Korea
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    • v.28 no.1
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    • pp.197-205
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    • 1991
  • A methodology of constructions a mathematical cost model for an activity constituting ship hull assembly process is proposed. The relationship between number of workers and processing time required for an activity can be formulated using an work study method, then manhours and shop floor area-hours required are calculated accordingly. The costs for unit manhour and unit shop floor area-hour respectively are calculated by distributing the overall annual cost of the company to the overall production resources consummed during the year. A general procedure of implementing the methodology has been demonstrated through a test on an exampled activity drawn from a real process.

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Data Standardization of Construction Performance for Optimized Process Management in High-rise Curtain-wall Operations (초고층 커튼월 공정관리 최적화를 위한 건설성능 데이터 표준화)

  • Lee, Tae-Hee;Ko, Yong-Ho;Kim, Young-Suk;Han, Seung-Woo
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2012.11a
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    • pp.283-284
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    • 2012
  • High-rise building construction has been increasing for the recent years and the construction process has become more complicated. This suggests a need for precise planning based on reliable data to prevent cost overruns and delays. However, the process planning is implemented based mainly on the experience of engineers that can result in critical damage in cost and time. Accurate productivity estimation and unit cost analysis must be considered important matter to prevent such disaster. This study estimates productivity and unit cost of curtain wall operations in high-rise building construction by simulation techniques and statistical methodologies. This study suggests a decision making methodology for the site personnel that enables to compare various combinations of productivity and unit cost based on reliable data that has been collected in actual construction sites. It is expected that this study contributes to the following research of developing an optimized construction performance assembling model for the site personnel.

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An optimal continuous type investment policy for the surplus in a risk model

  • Choi, Seung Kyoung;Lee, Eui Yong
    • Communications for Statistical Applications and Methods
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    • v.25 no.1
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    • pp.91-97
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    • 2018
  • In this paper, we show that there exists an optimal investment policy for the surplus in a risk model, in which the surplus is continuously invested to other business at a constant rate a > 0, whenever the level of the surplus exceeds a given threshold V > 0. We assign, to the risk model, two costs, the penalty per unit time while the level of the surplus being under V > 0 and the opportunity cost per unit time by keeping a unit amount of the surplus. After calculating the long-run average cost per unit time, we show that there exists an optimal investment rate $a^*$>0 which minimizes the long-run average cost per unit time, when the claim amount follows an exponential distribution.

Application of Probabilistic Risk Analysis for Profitability-Evaluation of Apartment Reconstruction Projects (아파트 재건축사업의 수익성평가에 대한 확률적 위험도 분석 모형 적용방안)

  • Woo, Kwang-Min;Lee, Hak-Ki
    • Korean Journal of Construction Engineering and Management
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    • v.7 no.5
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    • pp.167-176
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    • 2006
  • It was found that Korean Standard of Estimate which has been used as the only basis of cost estimate of public construction projects had some side effects such as jerry-build construction and over-estimation because it failed to reflect the current price and the state-of-the-art construction methods in a changing construction environment. Therefore, the government decided to gradually introduce historical construction cost into cost estimate of public construction projects from 2004. This paper presents analytic criteria and a process model for deducing more current and reasonable historical construction cost for contract items from not only previous contract prices but also all of the other bid prices that were not contracted. The procedure of estimating actual unit cost proposed in this paper focuses on the removal of abnormal values including strategically too low or high prices and the time correction. In addition, basic research is conducted for the correction of actual unit cost through the analysis of fluctuation of bid price depending on bidding types and rates of successful bid. It is anticipated that the effective use of the proposed process model for estimating actual unit cost would make the cost estimation more current and reasonable.