• Proceedings of the Korea Water Resources Association Conference
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• 2023.05a
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• pp.172-172
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• 2023

The use of low-cost IoT sensors for flow measurement in open channels has gained significant attention due to their potential to provide continuous and real-time data at a low cost. However, the accuracy and reliability of these sensors in real-world scenarios are not well understood. This study aims to compare the performance of low-cost IoT sensors in the laboratory and real-world conditions to evaluate their accuracy and reliability. Firstly, a low-cost IoT sensor was integrated with an IoT platform to acquire real-time flow rate data. The IoT sensors were calibrated in the laboratory environment to optimize their accuracy, including different types of low-cost IoT sensors (HC-SR04 ultrasonic sensor & YF-S201 sensor) using an open channel prototype. After calibration, the IoT sensors were then applied to a real-world case study in the Dorim-cheon stream, where they were compared to traditional flow measurement methods to evaluate their accuracy.The results showed that the low-cost IoT sensors provided accurate and reliable flow rate data under laboratory conditions, with an error range of less than 5%. However, when applied to the real-world case study, the accuracy of the IoT sensors decreased, which could be attributed to several factors such as the effects of water turbulence, sensor drift, and environmental factors. Overall, this study highlights the potential of low-cost IoT sensors for flow measurement in open channels and provides insights into their limitations and challenges in real-world scenarios.

• Journal of Korean Society for Quality Management
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• v.52 no.2
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• pp.275-286
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• 2024

Purpose: The spare part cost is one of the most important cost factors with which construct Life Cycle Cost. The LCSP(Life Cycle Sustainment Plan) Guidebook issued by Korea Ministry of Defense, however, suggests a simple equation to estimate the spare part cost using maintenance task frequencies and each part cost. Therefore, following the cost estimation method in the LCSP Guidebook may lead to an improper cost estimation result since both the hierarchical structure of the weapon system and the part discard rate are not considered. The purpose of this study is to develop a new life cycle cost estimation method for spare parts of weapon system during its life cycle. Methods: In this study, the detailed cost structure of spare parts is provided. Also a new spare part cost estimation methods for the each cost element are proposed, considering the hierarchical structure of weapon system and the part discard rate. And the proposed spare cost estimation methods are applied to K system for a case study. Results: Based on the case study of K system, the spare part cost estimation method, proposed by this study, shows that it can complement the estimation method suggested by the LCSP Guidebook. It also shows that it is applicable to the weapon systems for Korea armed forces. Conclusion: The proposed life cycle cost estimation method for spare parts has an advantage of estimating the spare part cost more accurately. It is expected to be useful in analyzing the procurement alternatives objectively and making up the Korea armed forces budget effectively.

• Proceedings of the Korean Institute of Building Construction Conference
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• 2002.11a
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• pp.103-109
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• 2002

This research is aiming to specify the requirement of the investment such as initial cost, running cost earning rate to make effective investment considering the purpose of remodeling and economical value of store building enough to meet the initial purpose of remodeling. The review of earning rate for economical evaluation was performed by the on-site auditing on the structure and function of the building and applying the assessment simulation program, which is to find the possible business model to identify the requirement of building owner through case study. After the research, the following results are obtained. First, it is important that many aspects should be carefully analysis and the best method should be selected as characteristics of remodeling can be defer each other in their implementations. Second, though the remodeling of exist buildings to promote the functions has been applied. no suitable assessment tool has bee developed for deciding the level of remodeling in the view of economical efficiency so far. Third, the economical benefit was evaluated by analysing annual earning rate which is applied by investment items and recovery period for the investment. More specific data bate should be established to apply the suggested economic accession in business enough to forecast the future circumstances. More researches should be promoted on this area continuously as well as the integrated economic evaluation of remodeling on existing building.

• Journal of Digital Convergence
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• v.10 no.8
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• pp.91-96
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• 2012

The purpose of this study is to examine the rationality for public organizations' cost allocation method through the case of special post offices. The proper use of allocation method is crucial to promote and nurture the public organization sector. On that note, this paper presents how to apply the proper estimation method. The cost allocation method is to split the total expense into appropriate services and departments. Using the basic expense rate and the standard depreciation rate and area at each post office, the total cost is calculated into the cost per person and area. As a result, the correct cost can be assigned through allocation per according service unit.

• The Transactions of the Korean Institute of Electrical Engineers P
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• v.64 no.4
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• pp.297-302
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• 2015

Replacing a manual switch installed in a feeder for a distribution system with an automatic one increases the reliability of the electric power system. This is because the automatic switch can shorten the duration of a fault the customer experiences by splitting the faulty section faster than the manual one does. However, improving the reliability of the distribution system may increase investment costs. Here, the investment costs include automatic switch cost, replacement work cost and labor cost. For this reason, importance should be attached to the proper balance between the increase of the investment costs and the improvement of the reliability of the distribution system. This article analyzed reliability index and economics when manual switches installed in a feeder (RBTS Bus2 model) was replaced by automatic ones. In addition, it attempted to draw the optimum rate of automation of manual switches by automatic ones using the GRG optimization method, considering the current economic requirements.

• Journal of the Korean Data and Information Science Society
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• v.24 no.4
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• pp.773-781
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• 2013

Recently, an extended warranty of the system following the expiration of the basic warranty is becoming increasingly popular to the user. In this respect, we suggest a preventive maintenance model following the expiration of extended warranty with minimal repair warranty from the user's point of view in this paper. Under basic warranty and extended warranty, the failed system is minimally repaired by the manufacturer at no cost to the user. For the preventive maintenance model, we derive the expressions for the expected cycle length, the expected total cost and the expected cost rate per unit time. Also, we determine the optimal preventive maintenance period and the optimal preventive maintenance number by minimizing the expected cost rate per unit time. Finally, the numerical examples are presented to illustrate the purpose when the failure time of the system has a Weibull distribution.

• Industrial Engineering and Management Systems
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• v.9 no.3
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• pp.204-214
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• 2010

A manufacturing/remanufacturing system is investigated with the consideration of required minimum quality of end-of-used products. A constant demand is satisfied by remanufacturing end-of-used products and manufacturing raw materials outsourced from outside. It is assumed in this system that the buyback price and remanufacturing cost are related to the different quality level of end-of-used products. For remanufacturing, only the used products that satisfy a required minimum quality level will be recycled. Thus, the returning rate is a function of the required minimum quality level. Functions of returning rate, buyback price and remanufacturing cost, which are closely connected to the quality level of end-of-used products, are investigated here. Treating the required minimum quality level of end-of-used products, the length of a cycle, the number of manufacturing lots and remanufacturing lots in a cycle as decision variables, the mathematical models with the objective of minimizing the average total cost are constructed. Through construction of a solution process based on Tabu Search algorithm and calculating examples, the validity of the models is illustrated.

• Journal of the Korean Society of Safety
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• v.14 no.2
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• pp.155-162
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• 1999

reliability from components reliability. In this case, it assumes that components failure is mutually independent, but it may not true in real systems. In this study, the mean cost per unit time is computed as the ratio of mean life to the mean cost. The mean life is obtained by the reliability function under power rule model. The mean cost is obtained by the mathematical model based on the inspection interval. A heuristic method is proposed to determine the optimal number of redundant units and the optimal inspection interval to minimize the mean cost per unit time. The assumptions of this study are as following : First, in the load-sharing k-out-of-n:G system, total loads are applied to the system and shared by the operating components. Secondly, the number of failed components affects the failure rate of surviving components as a function of the total load applied. Finally, the relation between the load and the failure rate of surviving components is set by the power rule model. For the practical application of the above methods, numerical examples are presented.

• Journal of the Korean Operations Research and Management Science Society
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• v.32 no.2
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• pp.99-107
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• 2007

We consider (worst-case) robust optimization versions of the Economic Order Quantity (EOQ) model with decreasing cost functions. Two variants of the EOQ model are discussed, in which the purchasing costs are decreasing power functions in either the order quantity or demand rate. We develop the corresponding worst-case robust optimization models of the two variants, where the parameters in the purchasing cost function of each model are uncertain but known to lie in an ellipsoid. For the robust EOQ model with the purchasing cost being a decreasing function of the demand rate, we derive the analytical optimal solution. For the robust EOQ model with the purchasing cost being a decreasing function of the order quantity, we prove that it is a convex optimization problem, and thus lends itself to efficient numerical algorithms.

• Proceedings of the KSME Conference
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• 2000.04b
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• pp.962-969
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• 2000

Quality that character of energy is the same at every state in case of equal working fluid and net concept of material flow was applied to thermoeconomics about energy system, and we could naturally explain the suitable degree about this concept, also thermoecomic equations about general power plant was easily deduced. And deduced equations exactly corresponded with principle of thermoeconomics that overall input cost flow rate equal overall output cost flow rate. This equations is applied to gas turbine cogeneration power plant as one example and found the product unit cost. Also this product cost comparison could been naturally explained.