• Journal of Environmental Policy
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• v.9 no.1
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• pp.83-107
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• 2010

Urbanized environments are constructed to estimate peak flow and cost savings in response to possible BMP allocation at a watershed scale. The main goal is to explore the proper allocation of sub-watershed level BMPs for peak flow attenuation at a watershed scale. Since several individual site scale BMPs work as a form of aggregated BMPs at a sub-watershed scale, it is a question as to how to properly allocate the sub-watershed level BMPs at a watershed scale. The Hydrological Simulation Program-FORTRAN (HSPF) is set up for a hypothetically urbanized watershed. A peak flow is determined to be the primary variable of interest and targeted to characterize the spatial distribution of aggregated BMPs. Construction cost of a regional pond forms the basis of the economic valuation. The results indicate that when total size of BMPs is constant in the entire watershed, (1) it is most effective to have aggregated BMPs in some upper sub-watersheds while the BMPs in either the mainstem sub-watershed or a single sub-watershed are the least effective choices for peak flow attenuation at a watershed scale; (2) savings exist between allocation differences and reduced peak flow increases cost savings. The largest saving is found in the strategy of aggregated BMPs in some upper sub-watersheds. These findings, however, call for follow-up site specific case studies revisiting the watershed scale impacts of BMP allocation. Then, it will be argued that location and extent of decentralization are considerable policy variables for an alternative stormwater management policy at a watershed scale.

• New & Renewable Energy
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• v.4 no.2
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• pp.52-60
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• 2008

More people have become interested in hybrid vehicles - which have been heralded as environmentally friendly automobiles - recently as the opening of domestic hybrid vehicle market draws near. Since gasoline, diesel and LPG hybrid vehicles will be produced, a need exists to conduct economic feasibility study of each vehicle type. This research analyzed projected benefits of these hybrid vehicles based on the 1600cc model. There are two categories of benefits: 1) reduced fuel costs for the owners of the vehicles; and 2) reduced environmental pollution cost. We conducted a sensitivity analysis and estimated the domestic consumer fuel costs based on the international oil prices of 100USD, 150USD, and 200USD per barrel. The analysis showed savings of 2 to 4 million Won in fuel cost and 1 to 2 million Won in environmental pollution cost; therefore, the hybrid vehicles are not economically feasible if they are between 3 to 5 million Won more expensive than the conventional internal combustion engine vehicles.

• Proceedings of the KSR Conference
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• 2009.05a
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• pp.636-642
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• 2009

The application of LCC-techniques is being introduced at the on-going procurement programs of various techniques. LCC-techniques have the common characteristic that all are designed to motivate contractors to design, manufacture and deliver equipment with lower life cycle costs. You may believe that savings may be in the acquisition cost component of life cycle costs. However, primary emphasis is generally on reducing and controlling operating and support costs by transferring more responsibility to the contractor for equipment operating and support cost performance. It has been found that life cycle cost procurement provisions must be individually tailored to each program. In this study, the currently identified LCC procurement techniques including a variety of LCC incentive provisions are introduced. Moreover, verification method, a procedural issue and incentive to application of LCC-techniques are examined.

• Proceedings of the Korean Institute of Building Construction Conference
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• 2015.05a
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• pp.132-133
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• 2015

Efficient scheduling and resource management are the key factor to reduce construction project budget (e.g., labor cost, equipment cost, material cost, etc.). Resource-based line of balance (LOB) technique has been used to complement the limitations of time-driven scheduling techniques (e.g., critical-path method). Optimizing construction alternatives contributes cost savings while honoring the project deadline. However, existing LOB scheduling is lack of identifying optimal resource combination. This study presents a method which identifies the optimal construction alternatives, hence achieving resource minimization in a repetitive construction by using genetic algorithm (GA). The method provides efficient planning tool that enhances the usability of the system.

• Korean Journal of Clinical Pharmacy
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• v.20 no.1
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• pp.30-38
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• 2010

This study was conducted to analyze cost-effectiveness of neoadjuvant chemotherapy for locally advanced head and neck cancer in Korean healthcare setting. We constructed a decision analytical model to estimate total costs and outcomes of paclitaxel+cisplatin (PC) or docetaxel+cisplatin+5-FU (DCF) for 2 years time horizon in 100 patient cohort with locally advanced head and neck cancer. Base analysis showed that cost savings of PC regimen were 379 million Korean Won and 231 million Korean Won in societal and payer's perspectives, respectively, compared to DCF regimen, and life saved was 0.18. PC regimen as a dominant strategy was found to be robust through sensitivity analyses.

• Proceedings of the KIEE Conference
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• 1996.07b
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• pp.692-694
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• 1996

Recently, rapid increase in electricity demand, tremendous financial need for new power plant construction, and environmental problem have led to search for more efficient energy production and energy conservation technologies. Due to the potential energy and cost savings to electric utilities, DSM plays an important role in the electric resource planning. However, implementation of cost-effective DSM program requires appropriate analysis methodologies and procedures. In this study, we present the cost-effectiveness analysis model for DSM program evaluation. We also present a case study to analyze DSM program.

• International conference on construction engineering and project management
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• 2015.10a
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• pp.158-160
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• 2015

Efficient scheduling and resource management are the key factor to reduce construction project budget (e.g., labor cost, equipment cost, material cost, etc.). Resource-based line of balance (LOB) technique has been used to complement the limitations of existing time-driven scheduling techniques (e.g., critical-path method). Optimizing construction alternatives contributes to cost savings while honoring the project deadline. However, existing LOB scheduling is lack of identifying optimal resource combination. This study presents a method which identifies the optimal construction alternatives, hence achieving resource minimization in a repetitive construction by using genetic algorithm (GA). The method provides efficient planning tool that enhances the usability of the system.

• International conference on construction engineering and project management
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• 2015.10a
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• pp.263-267
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• 2015

Stakeholders of a construction project expect cost savings through fast and accurate cost analysis by performing BIM-based quantity take-off (BQT). However, authors have observed that there can be discrepancies in the results of BQT depending on the level of development (LOD) and modeling methods. In addition, since quantity take-off methods are different depending on the construction work items, the combination of LOD, modeling methods of BIM, features of construction work items can cause serious overestimate or underestimate in BQT results. It is necessary to identify what kind of problems can happen and how those problems can be avoided in various construction work items, since the discrepancy of quantity take-off results has great impact on not only cost analysis but also the determination of contract amount and it can cause claims, poor construction quality, cost overruns, and many others later in the construction project. Therefore, this paper focuses the identification of issues and problems of BQT at each construction work item level based on two categorizations of structural works and interior works.

• Journal of Energy Engineering
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• v.28 no.3
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• pp.34-41
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• 2019

It is essential to introduce EERS (Energy Efficiency Resource Standards) according to the trend of the era in which energy saving is emphasized, and it is time to settle down in a stable manner. Electric motors and lighting devices, which account for more than 60% of the nation's electricity use, are the most effective items of the EERS. And accurate methods of calculating savings must be preceded. In this study, the operation rate and load rate are measured through the demonstration of energy use at 400 businesses and the measured rates are used for EERS savings calculation. The results imply that the proposed method can be successfully applied to calculate cost-effective and reliable energy savings.

• International Journal of Highway Engineering
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• v.19 no.5
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• pp.153-162
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• 2017

PURPOSES : This study was conducted to analyze the effects arising from extending the duration of nighttime road construction on improving road quality and durability. METHODS : Most previous studies estimating the social cost of various construction conditions did not consider road pavement cooling time as a factor in improving road pavement quality. This study investigated the feasibility of achieving higher road quality and durability by extending the duration of nighttime road construction time extension. For this investigation, the effects of such an extension on traffic conditions were analyzed based on micro-simulation studies and scenario-based cost-benefit analyses, using factors including traffic volume, delay, construction cost, and road pavement cooling time. RESULTS : The results of the traffic simulation studies and cost-benefit analyses indicate that the current road construction method that emphasizes completing nighttime road construction by 6 a.m. reduces pavement life while causing relatively little traffic delay. If the night construction time is instead extended to 2 p.m., road pavement lifetime is increased, reducing road re-construction cost. These savings are greater than the cost of congestion arising from extending the duration of nighttime construction. CONCLUSIONS : The current nighttime construction durations need to be extended in order to efficiently manage roads and reduce road management costs.