• Korean Journal of Materials Research
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• v.25 no.11
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• pp.636-641
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• 2015

Titanium has many special characteristics such as specific high strength, low elastic modulus, excellent corrosion and oxidation resistance, etc. Beta titanium alloys, because of their good formability and strength, are used for jet engines, and as turbine blades in the automobile and aerospace industries. Low cost beta titanium alloys were developed to take economic advantage of the use of low-cost beta stabilizers such as Mo, Fe, and Cr. Generally, adding a trace of boron leads to grain refinement in casted titanium alloys due to the pinning effect of the TiB phases. This study analyzed and evaluated the microstructural and mechanical properties after plastic deformation and heat treatment in boron-modified Ti-2Al-9.2Mo-2Fe alloy. The results indicate that a trace of boron addition made grains finer; this refinement effect was found to be maintained after subsequent processes such as hot forging and solution treatment. This can effectively reduce the number of required manufacturing process steps and lead to savings in the overall cost as well as low-cost beta elements.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.21 no.12
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• pp.612-618
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• 2020

In recent years, the demand for external window cleaning has increased, but the process is a very dangerous manpower-dependent operation. In addition, it is difficult to clean at the desired frequency in a business that values cleanliness. Therefore, there is a need to automate this work. This paper presents the concept of a device that can be attached to a specific window and clean the window continuously. The economic feasibility of this device was analyzed. The estimated manufacturing cost of the equipment was approximately 10 million won, but the possible investment cost was at least 9.8 million won for five years of endurance and 103 million won for 10 years of endurance. Therefore, the expected savings well exceed the equipment cost, and it was evaluated as having economic feasibility. Since this study analyzed only quantitative indicators, the expected cost reduction due to a reduction in safety accidents, productivity improvement, construction time reduction, and quality improvement was not considered. Therefore, it is expected that the calculated economic feasibility will be more accurate if the cost reduction effect by the automation equipment is calculated by adding the expected values not considered in this study.

• Journal of Korea Port Economic Association
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• v.26 no.3
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• pp.42-55
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• 2010

This paper primarily deals with a decision-making for determining the number of voyages in each ship size under a specific port structure in order to minimize the total transport cost consisting of transport cost at sea, queuing cost in port, and inventory cost in yard. As a result of computer simulation using queuing model characterized by inter-arrival time distribution, we were able to find out some combination of voyage numbers of 3 ship-size(50,000-ton, 100,000-ton, and 200,000-ton), where the total transport cost can be minimized under a specific port structure. The simulation model also allows us to figure out any trade-off relationship among sea transport cost, queuing cost in port, and inventory cost in yard. Put it differently, an attempt to reduce the sea transport cost by increasing the number of voyages of the largest ship size, the transport cost incurred in both port and yard is hypothesized to be increased and vice versa. Consequently, Port managers are required to adjust the number of annual number of voyages allocated in each ship size, put into the sea lines for importing raw materials, in order to optimize the transport costs incurred under the specific port system. We may consider a net present value(NPV) model for performing an economic feasibility analysis on port investment project. If a total discounted net benefit, including cost savings, exceeds the initial investment for an additional berth construction, then we accept the port investment project. Otherwise, we reject the proposed port investment plan.

• Journal of The Korean Society of Grassland and Forage Science
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• v.44 no.1
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• pp.40-49
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• 2024

This study divided the area capable of producing domestic forage into grazing pasture, hay production area, and silage crop area, calculated the required area according to the forage production volume, and examined whether self-sufficiency in forage leads to cost savings. When the self-sufficiency rate of forage for dairy cows and Hanwoo is 80%, the improvement in profitability per heaf ranges from 3% to 9%, typically around 5%, which is considered a significant benefit for both corporate and individual businesses. The average profit per ranch is expected to increase about KRW 50 million per year, and the country as a whole is expected to reduce forage costs by KRW 0.9 trillion per year. Recently, efforts are being made by the government and local authorities to cultivate summer forage at the rice fields for improving self-sufficiency in forage feed to stabilize rice supply and demand. Furthermore, it is also necessary to conduct research on reducing the cost of concentrated feed and TMR (Total mixed ration).

• Proceedings of the Korean Reliability Society Conference
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• 2001.06a
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• pp.277-278
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• 2001

The successful operation of a product In service depends upon the effective provision of logistic support in order to achieve and maintain the required levels of performance and customer satisfaction. Logistic support encompasses the activities and facilities required to maintain a product (hardware and software) in service. Logistic support covers maintenance, manpower and personnel, training, spares, technical documentation and packaging handling, storage and transportation and support facilities.The cost of logistic support is often a major contributor to the Life Cycle Cost (LCC) of a product and increasingly customers are making purchase decisions based on lifecycle cost rather than initial purchase price alone. Logistic support considerations can therefore have a major impact on product sales by ensuring that the product can be easily maintained at a reasonable cost and that all the necessary facilities have been provided to fully support the product in the field so that it meets the required availability. Quantification of support costs allows the manufacturer to estimate the support cost elements and evaluate possible warranty costs. This reduces risk and allows support costs to be set at competitive rates.Integrated Logistic Support (ILS) is a management method by which all the logistic support services required by a customer can be brought together in a structured way and In harmony with a product. In essence the application of ILS:- causes logistic support considerations to be integrated into product design;- develops logistic support arrangements that are consistently related to the design and to each other;- provides the necessary logistic support at the beginning and during customer use at optimum cost.The method by which ILS achieves much of the above is through the application of Logistic Support Analysis (LSA). This is a series of support analysis tasks that are performed throughout the design process in order to ensure that the product can be supported efficiently In accordance with the requirements of the customer.The successful application of ILS will result in a number of customer and supplier benefits. These should include some or all of the following:- greater product uptime;- fewer product modifications due to supportability deficiencies and hence less supplier rework;- better adherence to production schedules in process plants through reduced maintenance, better support;- lower supplier product costs;- Bower customer support costs;- better visibility of support costs;- reduced product LCC;- a better and more saleable product;- Improved safety;- increased overall customer satisfaction;- increased product purchases;- potential for purchase or upgrade of the product sooner through customer savings on support of current product.ILS should be an integral part of the total management process with an on-going improvement activity using monitoring of achieved performance to tailor existing support and influence future design activities. For many years, ILS was predominantly applied to military procurement, primarily using standards generated by the US Government Department of Defense (DoD). The military standards refer to specialized government infrastructures and are too complex for commercial application. The methods and benefits of ILS, however, have potential for much wider application in commercial and civilian use. The concept of ILS is simple and depends on a structured procedure that assures that logistic aspects are fully considered throughout the design and development phases of a product, in close cooperation with the designers. The ability to effectively support the product is given equal weight to performance and is fully considered in relation to its cost.The application of ILS provides improvements in availability, maintenance support and longterm 3ogistic cost savings. Logistic costs are significant through the life of a system and can often amount to many times the initial purchase cost of the system.This study provides guidance on the minimum activities necessary to Implement effective ILS for a wide range of commercial suppliers. The guide supplements IEC60106-4, Guide on maintainability of equipment Part 4: Section Eight maintenance and maintenance support planning, which emphasizes the maintenance aspects of the support requirements and refers to other existing standards where appropriate. The use of Reliability and Maintainability studies is also mentioned in this study, as R&M is an important interface area to ILS.

• Korean Journal of Air-Conditioning and Refrigeration Engineering
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• v.24 no.1
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• pp.70-76
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• 2012

The purpose of this study is to analyze of the operating characteristics of the Gas engine driven Heat Pump(GHP) and to reduce maintenance costs through the most Economical plan. As the zoning modifications that have economic effects were confirmed. Applications should be made with a similar purpose of the space. The combination of a modified space has led to reduced operating hours of the outdoor unit. The reduction of the outdoor unit operating hours, reducing maintenance costs accordingly. When analyzed at six years have elapsed, the amount of savings through zoning modifications is more than an additional construction cost. During the design phase, cost-effective operation of the GHP is required for the proper zoning plan.

• Geomechanics and Engineering
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• v.13 no.4
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• pp.641-651
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• 2017

Ground improvement with use of geosynthetic products is globally accepted now. The present paper discusses the improvement in bearing capacity of square footing placed at surface of cohesionless soil reinforced with geocell. Mohr-Coulomb failure criterion has been used in the observations. To study effects of geocell with respect to planar geogrid, model tests were conducted on planar reinforcement also. A comparative study of unreinforced soil and soil reinforced with plane geogrid and geocell has also been made. Numerical analysis results obtained by PLaxis have been compared with those obtained from model tests and were found to be in good agreement. A parametric study revealed the role of length of reinforcement, spacing between layers, placement of reinforcement from top surface etc. on bearing capacity. A design example given in paper illustrates the savings in cost of construction of footing on reinforced sand. The study shows that there is improvement in bearing capacity with respect to unreinforced soil which is of the order of 86%. Similarly settlement reduction is 13.07% for single layer of geocell which for double layers of geocell is 693% and 86.48% respectively. The cost reduction in case of reinforced soil is 35% as compared to unreinforced soil.

• KIEAE Journal
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• v.15 no.6
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• pp.5-10
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• 2015

Purpose: To evaluate the economic performance of grid-connected photovoltaic system in residential house, household electricity bill policy of Korea Electric Power Corporation (KEPCO) must be applied precisely, and market tendency and uncertainty of system also need to be considered. In this study, to evaluate the economic feasibility of PV system, we measured PV power generation and electricity consumption of six of Green home in Daejeon through web based remote monitoring system. Method: We applied Monte-Carlo simulation based on life cycle cost analysis, to reflect an uncertainty of main factor in economic feasibility evaluation of photovoltaic system. Result: First, with deterministic analysis, the difference of NPV of cumulative financial savings among households varied from -3,310 ~ 24,170 thousand won, portraying notably big range. Also the possibility of getting the same result was 50% when applying uncertainty. Second, the higher electricity consumption is, the more economic feasibility of photovoltaic system increases because KEPCO uses progressive taxation in household electricity bill policy. Third, The contribution to variance of electricity price increases in NPV varied from 98.5% to 99.9%. While the inflation rate and annual degradation contributed very little to none.

• International Journal of Concrete Structures and Materials
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• v.4 no.1
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• pp.3-8
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• 2010

This paper present the results of investigation on the use of rice husk ash as a partial substitute for cement in construction. One hundred and eighty specimens of concrete cubes were cast. 0, 5, 10, 15, and 20% partial replacement of cement with rice husk ash were carried at 1:2:4 mixes by weight with 0.60, 0.65, 0.70 water/cement ratio. The results indicated that compressive strengths of cubes at 0.6, water/cement were higher than 0.65 and 0.70. Also 5% partial replacement cement with rice husk ash at $28^{th}$ day average compressive strength value of $25.4\;N/mm^2$ compared well with 0% partial replacement of cement with rice husk ash of $26.28\;N/mm^2$. This shows that at 5% partial replacement of cement with rice husk ash can be used for structural concrete and at 15% replacement or more it can be used for non - structural construction works or light weight concrete construction. The cost analysis shows substantial amount of savings for the country.

• Journal of the Korea Institute of Building Construction
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• v.5 no.4 s.18
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• pp.99-106
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• 2005

With labor shortage and high-wage, the construction cost is rising and the construction-business is dull, demanding the construction environment of Korea to raise profitability through major cost savings and rationalization of construction management. Therefore, in this study, to improve many problems found in calculating rebar quantity for capital expenditure programming which is considered the beginning stage of rebar work. and to improve problems such as no grasping of rebar loss due to lack of systematic management in order/purchase stage and construction management stage, a rebar information-management-system was found and preyed. The relation database was designed for the rebar information management system by analyzing work process of a rebar manufacturing plant, as the rebar information that is necessary in a rebar manufacturing plant if similar to that of a purchasing department of general construction company. The Proposed rebar information management system was implemented in two large rebar production plants. The implementation of the proposed system showed that the system increased work efficiency, reduced the management manpower, and improved the project-integrated management