• Title/Summary/Keyword: cost forecast

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A Study on the Prototyping for Developing Computer Game (컴퓨터게임 제작을 위한 프로토타입에 관한 연구)

  • Tak, Hwa-Eun;Kim, Sung-Kon
    • Archives of design research
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    • v.17 no.4
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    • pp.129-140
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    • 2004
  • The process of game development is contained of many steps that is hard to forecast success or failure. In order to develop successful game, the development period should be shorter, which could reduce development cost. In order to reduce development period and cost, it is needed to make a communication among planners, programmers, graphic designers and investors lively with a prototype as a communication tool. In this study, the concrete examples are demonstrated how to use prototypes as a tool for communication and feedback of team members, in the process of game development. This paper explains the characteristics of various types of prototypes according to types of game contents. This paper demonstrated two types of prototype according to development stage, one type is a prototype to gather feedback in the planning stage, the other is a prototype to make team members cooperate and communicate in the stage of production stage.

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Development of Daily Operation Program of Battery Energy Storage System for Peak Shaving of High-Speed Railway Substations (고속철도 변전소 피크부하 저감용 ESS 일간 운전 프로그램 개발)

  • Byeon, Gilsung;Kim, Jong-Yul;Kim, Seul-Ki;Cho, Kyeong-Hee;Lee, Byung-Gon
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.65 no.3
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    • pp.404-410
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    • 2016
  • This paper proposed a program of an energy storage system(ESS) for peak shaving of high-speed railway substations The peak shaving saves cost of equipment and demand cost of the substation. To reduce the peak load, it is very important to know when the peak load appears. The past data based load profile forecasting method is easy and applicable to customers which have relatively fixed load profiles. And an optimal scheduling method of the ESS is helpful in reducing the electricity tariff and shaving the peak load efficiently. Based on these techniques, MS. NET based peak shaving program is developed. In case study, a specific daily load profile of the local substation was applied and simulated to verify performance of the proposed program.

Dynamic Thermal Rating of Overhead Transmission Lines Based on GRAPES Numerical Weather Forecast

  • Yan, Hongbo;Wang, Yanling;Zhou, Xiaofeng;Liang, Likai;Yin, Zhijun;Wang, Wei
    • Journal of Information Processing Systems
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    • v.15 no.4
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    • pp.724-736
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    • 2019
  • Dynamic thermal rating technology can effectively improve the thermal load capacity of transmission lines. However, its availability is limited by the quantity and high cost of the hardware facilities. This paper proposes a new dynamic thermal rating technology based on global/regional assimilation and prediction system (GRAPES) and geographic information system (GIS). The paper will also explore the method of obtaining any point meteorological data along the transmission line by using GRAPES and GIS, and provide the strategy of extracting and decoding meteorological data. In this paper, the accuracy of numerical weather prediction was verified from the perspective of time and space. Also, the 750-kV transmission line in Shaanxi Province is considered as an example to analyze. The results of the study indicate that dynamic thermal rating based on GRAPES and GIS can fully excavate the line power potential without additional cost on hardware, which saves a lot of investment.

A Study on the Perceptions and Current Practices in Estimating Risk Cost of Contractor's Construction Budget - Focused on Building Projects - (종합건설사 실행예산 편성 시 리스크 비용 산정에 관한 인식 및 실태에 관한 연구 - 건축공사를 중심으로 -)

  • Choi, Jeong Won;Kim, Han Soo
    • Korean Journal of Construction Engineering and Management
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    • v.23 no.3
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    • pp.13-24
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    • 2022
  • Construction projects are exposed to various types of risks, which tend to increase. The increasing risks call for contractors' more attentions to forecasting and dealing with these risks. One of the measures to deal with contractors' risks is to forecast or estimate risk cost and include it in the construction budget. Although various researches in relation to risk cost have been observed, little attention has been paid to general contractors' perceptions and current practices in estimating risk cost of construction budget. The objective of the study is to identify and discuss key characteristics and implications based on the survey and analysis of general contractors' perceptions and current practices in estimating risk cost of construction budget. The study shows that there is a gap between the perception and the practice of estimating risk cost, that is, high perception of the importance of risk cost and a relatively low level of practice. It suggests that historical cost data, guidelines and corporate-level standard procedures are required to improve the current practice in addition to sufficient time allocations for risk cost estimating. It discusses that there is a need for using sophisticated estimating techniques including bid data analytics despite a low level of the current adoption, and also proposes that research and development in the field of the sophisticated estimating techniques should be further implemented in order to increase their practicality.

CASH FLOW FORECASTING IN CONSTRUCTION PROJECT (건설공사에서의 현금흐름 예측)

  • Park Hyung-Keun
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • autumn
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    • pp.35-41
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    • 2002
  • This research introduces the development of a project-level cash flow forecasting model in construction stage based on the planned earned value and the cost from a general contractors view on a jobsite. Most previous models have been developed to assist contractors in their pre-tendering or planning stage cash flow forecasts. The critical key to cash flow forecasting at the project level is how to build a cash-out model. The basic concept is to use moving weights of cost categories in a budget over project duration. The cost categories are classified to compile resources with almost the same time lags that are based on contracting payment conditions and credit times given by suppliers or venders. For cash-in, net planned monthly-earned values are simply transferred to the cash-in forecast, to be applied there with billing time and retention money. Validation of the model involves applying data from on-going 4 projects in progress for 12 months. Based on the results of the comparative analyses through the simulation of the proposed model and the existing models, the proposed model is more accurate, flexible and simpler than traditional models to the employee of construction jobsite who is not oriented financial knowledge.

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A Study on the Market Conditions and Foreacast of housing and office market relating with Station Area Development (역세권에 연계한 주거.업무시설 시장현황 및 전망 연구)

  • Sun, Sang-Hun;Park, Jong-Koon;Kim, Ju-Young;Kim, Eun-Ju
    • Proceedings of the KSR Conference
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    • 2011.10a
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    • pp.1766-1784
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    • 2011
  • In the past, station-area development projects were proceeded for modernizing the station facilities and improving the customer's convenience facilities by attracting private financing. But the site of station-are a development has a limitation that limits of benefits comparing with initial cost and absence of collateral by constructed the national property. For the advancing business value, merchandising facilities were adopted. There were many problems like coming the loss of city development opportunities. Now, station-area developments are considered the station and city plan. so, they are rapidly rised up the life in the station, need of making cultural space, improvement efficiency, combination and connectivity of transportation system and need of journey to Work Distance. Accordingly, this study suggests the station-area development projects by analysis of market conditions and forecast about housing and office that meets the trend of station-area development and secures feasible business value.

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The Forecast analysis on Non-electrical Machinery and Equipment of Macroeconomic variables (기계산업 수출액에 대한 거시경제변수의 예측 실험 - 보건과학분야의 정밀기계 수출액 포함 -)

  • Kim Jong-Kwon
    • Proceedings of the Safety Management and Science Conference
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    • 2006.04a
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    • pp.471-484
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    • 2006
  • The focus of analysis is effect on Non-electrical Machinery and Equipment of Macroeconomic variables through long-term and short-term periods. Also, this paper is related with implication on steady growth possibility of Non-electrical Machinery and Equipment. The period of variables is from 1985 to April in 2005. In case of not-available data is treated as missing figures. As spatial scope, these data are Non-electrical Machinery and Equipment on the basis of KSIC. In case of items, it composes MTI 1&3 digit of Korea International Trade Association (KITA), on the basis of HSK & classification of Korea Machinery industries. According to Granger causality test, yield of Cooperate Bond and export amount of Machinery have a meaning at statistical Confidence level of 10%. In case of index of the unit cost of export and export amount of Machinery, they have an interactive Granger cause. In yen dollar exchange rate and export amount of Machinery, former variable gives an unilateral Granger cause to latter that.

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A Study on the Demand Forecasting by using Transfer Function with the Short Term Time Series and Analyzing the Effect of Marketing Policy (단기 시계열 제품의 전이함수를 이용한 수요예측과 마케팅 정책에 미치는 영향에 관한 연구)

  • Seo, Myeong-Yu;Rhee, Jong-Tae
    • IE interfaces
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    • v.16 no.4
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    • pp.400-410
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    • 2003
  • Most of the demand forecasting which have been studied is about long-term time series over 15 years demand forecasting. In this paper, we set up the most optimal ARIMA model for the short-term time series demand forecasting and suggest demand forecasting system for short-term time series by appraising suitability and predictability. We are going to use the univariate ARIMA model in parallel with the bivariate transfer function model to improve the accuracy of forecasting. We also analyze the effect of advertisement cost, scale of branch stores, and number of clerk on the establishment of marketing policy by applying statistical methods. After then we are going to show you customer's needs, which are number of buying products. We have applied this method to forecast the annual sales of refrigerator in four branch stores of A company.

A Study on Improvement of Capacity Payment using Fuzzy Theory in CBP Market (퍼지이론을 활용한 변동비 반영 전력시장의 용량요금 개선방안에 관한 연구)

  • Kim, Jong-Hyuk;Kim, Bal-Ho
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.58 no.6
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    • pp.1087-1092
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    • 2009
  • This paper presents a method for improvement of capacity payment in CBP(cost based pool) market. Capacity payments have been used as common mechanisms in various pools for compensating generators recognized to serve a for reliability purpose. Ideal pricing for capacity reserves by definition achieves a balance between economic efficiency and investment incentives. That is, prices must be kept close to costs, but not so low as to discourage investment. However, the price set is not easy. This paper concludes with market design recommendations that apply fuzzy theory for improvement of capacity payment. Following this model, market participants decided on their own based on their forecast to the market demand and the payment for it.

Water Management Program for Hasa District (하사지구 물관리 프로그램 개발)

  • Go, Gwang-Don;Kwun, Soon-Kuk;Lim, Chang-Young;Kwak, Yeong-Cheol
    • Proceedings of the Korean Society of Agricultural Engineers Conference
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    • 2002.10a
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    • pp.17-20
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    • 2002
  • Hasa TM/TC system is composed of one control center, two reservoirs, six pumping stations and twelve canal systems. For this system we developed water management program which includes flood forecast program, drought reduction program, irrigation scheduling program and database program. With these program we expect that operators can improve the irrigation efficiencies of the irrigation systems due to the timely irrigation on a right place, in a proper quantity and reduce the cost of maintenance and reduce flood and drought damages of the Hasa district. In agricultural engineering respect, the databases including water level, rainfall, the amount of flowing can be useful to the researcher who make a study of hydrology and hydraulics in rural area. Water management program records all of the TM/TC data to MOB format file per 10 minutes.

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