• Title/Summary/Keyword: building stock

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A System Dynamics Model for Evaluation of Maintenance Cost Policy in Deteriorated School Building (노후 학교건물의 유지관리비용 정책 평가를 위한 시스템 다이내믹스 모델)

  • Kang, Suhyun;Kim, Sangyong
    • Journal of the Architectural Institute of Korea Structure & Construction
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    • v.35 no.12
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    • pp.181-188
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    • 2019
  • The maintenance of school building is pivotal issue. However, it is difficult to obtain basic analysis data for LCC(Lifecycle Cost) analysis and maintenance planning of school building. Therefore, this study proposed System Dynamics(SD) techniques to make maintenance decisions for school building. The interaction between the major parameters related to the aging of a building, maintenance activities, and cost were expressed in Causal Loop Diagram. Based on this, the formula for the relationship between causal maps was defined and converted to Stock and Flow Diagram. Through the completed SD model the 50-year plan of 214 educational building were tested by considered in account budget, maintainability, and budget allocation opinions. As a result, the integrated SD model demonstrated that it can support strategic decision making by identifying the status class and LCC behavior of school buildings by scenario. According to the scenario analysis, the rehabilitation action of preventive maintenance that primarily repairs the buildings in condition grade C showed the best performance improvement effect relative to the cost. Therefore, if the proposed SD model is expanded to consider the effects of other educational policies, the crucial performance improvement budget can be estimated in the long-term perspective.

Modeling wind load paths and sharing in a wood-frame building

  • He, Jing;Pan, Fang;Cai, C.S.
    • Wind and Structures
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    • v.29 no.3
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    • pp.177-194
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    • 2019
  • While establishing adequate load paths in the light-frame wood structures is critical to maintain the overall structural integrity and avoid significant damage under extreme wind events, the understanding of the load paths is limited by the high redundant nature of this building type. The objective of the current study is to evaluate the system effects and investigate the load paths in the wood structures especially the older buildings for a better performance assessment of the existing building stock under high winds, which will provide guidance for building constructions in the future. This is done by developing building models with configurations that are suspicious to induce failure per post damage reconnaissance. The effect of each configuration to the structural integrity is evaluated by the first failure wind speed, amajor indicator beyond the linear to the nonlinear range. A 3D finite-element (FE) building model is adopted as a control case that is modeled using a validated methodology in a highly-detailed fashion where the nonlinearity of connections is explicitly simulated. This model is then altered systematically to analyze the effects of configuration variations in the model such as the gable end sheathing continuity and the gable end truss stiffness, etc. The resolution of the wind loads from scaled wind tunnel tests is also discussed by comparing the effects to wind loads derived from large-scale wind tests.

A Study on the Investment Strategy Using Neural Network Models in the Korean Stock Market (인공신경망 모델을 이용한 주식시장에서의 투자전략에 대한 연구)

  • 서영호;이정호
    • Journal of the Korean Operations Research and Management Science Society
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    • v.23 no.4
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    • pp.213-224
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    • 1998
  • Since the late 1980s, an Increasing number of neural network models have been studied in the areas of financial prediction and analysis. The purpose of this study is to Investigate the possibility of building a neural network model that is able to construct a profitable trading strategy in the Korean Stock Market. This study classifies stocks into the future market winners and losers from the publicly available accounting information and builds portfolios based on this information. The performances of the winner portfolios and the loser portfolios are compared with each other and against the market index. The empirical result of this research is consistent with the traditional fundamental analysis where it is claimed that the financial statements contain firm values that may not be fully reflected In stock prices without delay. Despite the supporting empirical evidence. It is somewhat Inconclusive as to whether or not the abnormal return in excess of market return is the result of the extra knowledge obtained in the neural network models derived from the historical accounting data. This research attempts to open another avenue using neural network models for searching for evidence against market efficiency where statistics and intuition have played a major role.

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Optimal Portfolio Models for an Inefficient Market

  • GINTING, Josep;GINTING, Neshia Wilhelmina;PUTRI, Leonita;NIDAR, Sulaeman Rahman
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.2
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    • pp.57-64
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    • 2021
  • This research attempts to formulate a new mean-risk model to replace the Markowitz mean-variance model by altering the risk measurement using ARCH variance instead of the original variance. In building the portfolio, samples used are closing prices of Indonesia Composite Stock Index and Indonesia Composite Bonds Index from 2013 to 2018. This study is a qualitative study using secondary data from the Indonesia Stock Exchange and Indonesia Bonds Pricing Agency. This research found that Markowitz's model is still superior when utilized in daily data, while the mean-ARCH model is appropriate with wider gap data like monthly observation. The Historical return has also proven to be more appropriate as a benchmark in selecting an optimal portfolio rather than a risk-free rate in an inefficient market. Therefore Mean-ARCH is more appropriate when utilized under data that have a wider gap between the period. The research findings show that the portfolio combination produced is inefficient due to the market inefficiency indicated by the meager return of the stock, while bears notable standard deviation. Therefore, the researcher of this study proposed to replace the risk-free rate as a benchmark with the historical return. The Historical return proved to be more realistic than the risk-free rate in inefficient market conditions.

Seismic risk investigation for reinforced concrete buildings in Antalya, Turkey

  • Kepenek, Engin;Korkmaz, Kasim A.;Gencel, Ziya
    • Computers and Concrete
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    • v.26 no.3
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    • pp.203-211
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    • 2020
  • Turkey is located in one of the most seismically active regions of in Europe. The majority of the population living in big cities are at high seismic risk due to insufficient structural resistance of the existing buildings. Such a seismic risk brings the need for a comprehensive seismic evaluation based on the risk analysis in Turkey. Determining the seismic resistance level of existing building stock against the earthquakes is the first step to reduce the damages in a possible earthquake. Recently in January 2020, the Elazig earthquake brought the importance of the issue again in the public. However, the excessive amount of building stock, labor, and resource problems made the implementation phase almost impossible and revealed the necessity to carry out alternative studies on this issue. This study aims for a detailed investigation of residential buildings in Antalya, Turkey. The approach proposed here can be considered an improved state of building survey methods previously identified in Turkey's Design Code. Antalya, Turkey's fifth most populous city, with a population over 2.5 Million, was investigated as divided into sub-regions to understand the vulnerability, and a threshold value found for the study area. In this study, 26,610 reinforced concrete buildings between 1 to 7 stories in Antalya were examined by using the rapid visual assessment method. A specific threshold value for the city of Antalya was determined with the second level examination and statistical methods carried out in the determined sub-region. With the micro zonation process, regions below the threshold value are defined as the priority areas that need to be examined in detail. The developed methodology can be easily calibrated for application in other cities and can be used to determine new threshold values for those cities.

A comparative study on rapid seismic risk prioritization for reinforced concrete buildings in Antalya, Türkiye

  • Engin Kepenek;Kasim A. Korkmaz;Ziya Gencel
    • Computers and Concrete
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    • v.31 no.3
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    • pp.185-195
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    • 2023
  • Antalya is located south part of minor Asia, one of the biggest cities in Türkiye. As a result of population growth and vast migration to Antalya, many parts of the city that were not suitable for construction due to its geological conditions have become urban areas, and most of these urban areas are full of poorly engineered buildings. Poor engineering has been combined with unplanned urbanization, that causes utter vulnerability to disasters in Antalya. When an earthquake-prone city, Antalya faces with an earthquake risk, fear arises in society. To overcome this problem, it has become necessary to investigate the building stock, expressed in hundreds of thousands, in a fast and reliable way and then perform an urban transformation to create the perception of structural safety. However, the excessive building stock, labor, and economic problems made the implementation stage challenging and revealed the necessity of finding alternative solutions in the field. The present study presents a novel approach for assessment and model based on a rapid visual inspection method to transform areas under earthquake risk in Türkiye. The approach aimed to rank the interventions for decision-making mechanisms by making comparisons in the scale hierarchy. In the present study, to investigate the proposed approach, over 26,000 buildings were examined in Antalya, which is the fifth largest city in Türkiye that has a population of over 2.5 Million. In the results of the study, the risk classification was defined in the framework of building, block, street, neighborhood, and district scales.

Development of the Driving Simulator of High Speed Train based on the Concurrent Engineering Design Environment (동시공학설계환경에서의 고속철도 주행시뮬레이터 개발)

  • Jun, Hyun-Kyu;Park, Sung-Hyuk;Kwak, Young-Kyu
    • Proceedings of the KSME Conference
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    • 2004.11a
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    • pp.1001-1006
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    • 2004
  • The concurrent engineering technologies have been broadly used in the field of the design, testing, manufacturing and maintenance works to reduce development time and costs. For this purpose, many design environments with the product data management system, the virtual engineering system and web database system are developed. In this research, we developed the driving simulator of the KTX(Korea Train Express) as a basic study for building the concurrent engineering design environment of rolling stock. The virtual track was developed from the Seoul to the Busan and the Daejeon to Mockpo to generate immersible driving environment. Also, fault generation systems were developed to educate drivers of the KTX. We expect to reduce the time and costs of newly developed rolling stock using the design environment developed in the research.

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A Study on the Acoustic Power DB Building for Korean Railroad in order to Predict Nearby Noise (한국철도 환경소음예측을 위한 음향파워 DB 구축에 관한 연구)

  • 조준호;이덕희;정우성;신민호
    • Proceedings of the Korean Society for Noise and Vibration Engineering Conference
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    • 2001.05a
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    • pp.265-270
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    • 2001
  • For the reduction and efficient management of railway noise, first of all prediction of railway noise is necessarily requested, At home and abroad, many studies for prediction of railway nearby noise have been accomplished, But it is impossible to predict exactly for the Korean Railroad, because the acoustic power DB for each rolling stock used in Korea has not been builded yet. So in this study, acoustic power DB for each Korean rolling stock such as Samaeul, Mugungwha was builded according to the speed and rail support systems. Predicted results using accumulated acoustic power DB are compared with measured results and it is known that accumulated acoustic power DB can be used for more precise prediction of railway nearby noise.

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Building up a Wireless Network Infrastructure for Rolling-Stock (철도차량에서의 무선인터넷 환경 구축)

  • Lee, Yong-Cheol;Kim, Dong-Il;Chun, Sang-Hun
    • Proceedings of the KSR Conference
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    • 2010.06a
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    • pp.850-856
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    • 2010
  • With skyrocketing number of people who use smartphone, the technology of wireless internet that is mobile-phone, Wi-Fi, Wibro, HSDPA has been developed remarkably. The environment that one can use wireless internet easily and inexpensively anywhere has been made. So, the customer of railway have needs and desire that could use the wireless internet network as travelling in rolling-stock. Although KTX, KTX-II and some subway agency has built-up wireless internet network and serviced it, it's closed infra and inconvenient environment has been criticized. So, we survey the wireless internet network that is serviced at present and the way to build wirelee internet infra to satisfy the needs of customers.

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Development of the Driving Simulator of High Speed Train based on the Concurrent Engineering Design Environment (동시공학설계환경에서의 고속철도 주행시뮬레이터 개발)

  • Jun, Hyun-Kyu;Park, Sung-Hyuk;Yang, Doh-Chul;Chung, Heung-Chai;Kwak, Young-Gyu
    • Proceedings of the KSR Conference
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    • 2004.10a
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    • pp.423-429
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    • 2004
  • The concurrent engineering technologies have been broadly used in the field of the design, testing, manufacturing and maintenance works to reduce development time and costs. For this purpose, many design environments with the product data management system, the virtual engineering system and web database system are developed. In this research, we developed the driving simulator of the KTX(Korea Train Express) as a basic study for building the concurrent engineering design environment of rolling stock. The virtual track was developed from the Seoul to the Busan and the Daejeon to Mockpo to generate immersible driving environment. Also. fault generation systems were developed to educate drivers of the KTX. We expect to reduce the time and costs of newly developed rolling stock using the design environment developed in the research.

  • PDF