• Korean Journal of Construction Engineering and Management
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• v.13 no.3
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• pp.99-108
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• 2012

The rough design information is only available from BIM(Building Information Model) based schematic design. So, it is difficult to obtain sufficient information for generating BOQ. Like 2D design, there are some problems that the results are depend on what the choice of cost estimator. However, the most research of BIM based cost estimation are focus on quantity takeoff, the consideration of work item for generating BOQ is insufficient. Therefore, this paper present automatic inference process of work items in a BOQ using ontology. The proposed process and ontology is validated through applying tiling construction. If the proposed process is utilized, it is expected the basis of developing generation method for consistent BOQ by resolving intervention of cost estimator's arbitrary decision.

• The Journal of Asian Finance, Economics and Business
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• v.7 no.7
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• pp.349-360
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• 2020

The study aims to empirically examine the determinants of bank margins from Pakistan, an emerging South Asian economy. To elucidate the importance of the Pakistani banking sector, secondary data has been used, which was extracted from the annual accounts of twenty-four Pakistani scheduled commercial banks (20 conventional, four full-fledged Islamic) over a sample period of 2006 to 2017. The factors identified in the dealership model and the subsequent empirical developments in the dealership model categorized as bank-specific, diversification, regulatory, and industry concentration are analyzed by applying the most-common linear dynamic panel-data estimator, the Generalized Method of Moments (GMM) estimator, developed by Arellano and Bond (1991). The findings reveal that, among the bank-specific variables, funding cost, credit risk, managerial efficiency, market share, and operating cost are significant predictors of bank margins. For diversification variables employed in the study, both variables including net non-interest income and asset diversity are as well significant predictors of bank margins. It is also found that the market concentration variable proxied by the Herfindahl-Hirschman Index (HHI) is significantly predicting bank margins. Subsequently, one of the regulatory variables, the opportunity cost of holding reserves, and one bank-specific variable, the degree of risk aversion, are insignificant in the model.

• Journal of Korea Water Resources Association
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• v.35 no.2
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• pp.187-194
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• 2002

To improve the accuracy of the areal rainfall estimates over a river basin, the optimal design method of rainfall network was studied using the stochastic characteristics of measured rainfall data. The objective function was constructed with the estimation error of areal rainfall and observation cost of point rainfall and the observation sites with minimum objective function value were selected as the optimal network. As a stochastic variance estimator, kriging model was selected to minimize the error terms. The annual operation cost including the installation cost was considered as the cost terms and an accuracy equivalent parameter was used to combine the error and cost terms. The optimal design method of rainfall network was studied in the Yongdam dam basin whose raingauge numbers need to be enlarged for the optimal rainfall networks of the basin.

• Proceedings of the Korean Institute Of Construction Engineering and Management
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• autumn
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• pp.423-426
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• 2002

The foundation for developing a cost estimation system based on historical data has been being prepared in Korea. Historical data is a priori of developing a cost estimation model. Cost Index, one of the historical data, is used to estimate construction cost and to adjust the amount of contract money in the foreign country, whereas it is not used in domestic except for the road construction project in Korea. Construction cost indices can be used by an estimator in tender analysis, pricing, price adjustment, cost planning, and forecasting. In this regards, this paper identified the problems in developing Cost Index evaluation process by comparing the standard of framing Cost Index used in British to the one used in Korea. Then, the scheme for improving a Cost Index required for Site Developing Construction was proposed. Twenty-two cases of engineering estimate data were used to compare the domestic standard to the foreign one in deriving a Cost Index.

• International Journal of Reliability and Applications
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• v.1 no.1
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• pp.81-87
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• 2000

One of the most important quantities in reliability theory is the expected number of renewals of a system during a given interval. This quantity, the renewal function, is used to determine the optimal preventive maintenance policy and to estimate the cost of a warranty. In this paper we study a parametric approach for a renewal function. The simulation study is presented to compare the relative performance of the introduced estimators of a renewal function. And we show that the proposed parametric estimator performs well.

• 제어로봇시스템학회:학술대회논문집
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• 1992.10a
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• pp.937-940
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• 1992

A cost-saving feeding rate contro method for a batch reaction process is proposed by reconfigurating the flow rate control loop where the feeding rate is estimated by differentiating weight measurement. While the existing control methods require either a flow rate measurement device or a flow rate estimator, the proposed method is devised not to require neither of these facilities by directly controlling the tank weight with a time-varying set point. Experimental evaluation in a pilot-scale unit shows that the proposed method can significantly reduce the actuator hunting of the existing method where the flow rate is estimated by differentiating the weight measurement.

• The Korean Journal of Applied Statistics
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• v.21 no.4
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• pp.675-694
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• 2008

We propose a new sampling design for the Korean Livestock Production Cost Survey. In this sampling design, the survey population is derived from the 2005’s agricultural census of Korea. And coefficient of variation(CV) is estimated from the current livestock production cost survey data, and the estimated CV’s are used to find the optimal sample size which satisfies the predetermined precision of estimation. In order to save the enumeration cost, the agriculture enumeration districts are used as a primary sampling unit(psu). Final sample is selected by double sampling. Also, we propose the estimator which is able to reflect the change of the population of livestock production households.

• Industrial Engineering and Management Systems
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• v.10 no.2
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• pp.154-160
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• 2011

In this paper, a reliability sampling plan under progressively type-1 interval censoring is proposed when the lifetime of products follows the Pareto distribution of second kind. We use the maximum likelihood estimator for the median life and its asymptotic distribution. The cost model is proposed and the design parameters are determined such that the given producer's and the consumer's risks are satisfied. Tables are given and the results are explained with examples.

• Proceedings of the Korean Institute of Building Construction Conference
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• 2022.04a
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• pp.196-197
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• 2022

This study aims to come up with the revision of construction standard unit price for concrete pavement works to improve its applicability and availability by a construction site survey. Construction site survey was conducted from March to November 2021 with 36 construction sites. This results of the revision are expected to support to public construction project owner or estimator in construction cost estimation works.

• Journal of the Institute of Electronics Engineers of Korea SD
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• v.44 no.11
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• pp.137-141
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• 2007

This paper proposes a cost-effective architecture design of an angle-of-arrival (AOA) estimator based on the multiple signal identification and classification (MUSIC) algerian in UWB systems adapting Multi-band OFDM (MB-OFDM) techniques with two-receive antennas. In the proposed method, by modifying the equations of algorithm in order to remove the high computational functions, the computation power can be significantly reduced without significant performance degradation. The proposed architecture is designed and verified by Verilog HDL, and implemented into 0.13um CMOS standard cell and Xilinx FPGA circuits for the estimation of hardware complexity and computation power. From the results of the implementations, we can find that the proposed circuits reduces the hardware complexity by about 43% and the estimated computation power by about 23%, respectively, compared to the architecture employing the original MUSIC algorithm.