• Title/Summary/Keyword: cost structure

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Probabilistic LCC evaluation for Surface Repair of carbonated RC structure (탄산화된 RC구조물의 표면보수에 대한 확률론적 LCC 평가)

  • Lee, Hyung-Min;Yang, Hyun-Min;Lee, Han-Seung
    • Journal of the Architectural Institute of Korea Structure & Construction
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    • v.34 no.2
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    • pp.41-48
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    • 2018
  • Carbonation is one of the major detrimental factors to the reinforced concrete structures owing to penetration of atmospheric CO2 through the micro pores, thereby it reduces the durability of the concrete. The maintenance periods and cost for concrete according to the coefficient variation of different finishing materials is documented in literature. However, it is required to carry out the systematic and well planned studies. Therefore, keeping them in mind, surface repair was carried out to the carbonated concrete and the maintenance cost was calculated to measure the durability life after repair with different variable. The deterministic and probabilistic methods were applied for durability and repair cost of the concrete. In the existing deterministic model, the cost of repair materials increases significantly when the concrete structure reaches its service life. In present study using a stochastic model, the maintenance period and cost was evaluated. According to obtained results, there was no significant difference in the number of maintenance of the coefficient variation. The initial durability has a great influence on the maintenance time and cost of the structure. Unlike the deterministic model, the probabilistic cost estimating model reduces the number of maintenance to the target service life expectancy.

Cost Prediction Model using Qualitative Variables focused on Planning Phase for Public Multi-Housing Projects (정성변수를 고려한 공공아파트 기획단계 공사비 예측모델)

  • Ji, Soung-Min;Hyun, Chang-Taek;Moon, Hyun-Seok
    • Korean Journal of Construction Engineering and Management
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    • v.13 no.2
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    • pp.91-101
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    • 2012
  • In planning phase of Public Multi-Housing Projects, it is required to develop the methodology and criteria for fair cost prediction with influencing power from planning phase to occupancy phase. Many studies still have focused on the prediction of cost by multiple regression. However, there is no logical explanation about the influence of nonmetric variables for the prediction of cost in planning phase. Accordingly, this research pursues a cost prediction model including nonmetric variables for use in planning phase. There are 3 steps of this research : 1) Finding the factors influencing construction cost and assigning variables for a multiple regression. 2) Conducting a dummy regression analysis with nonmetric variables and model validation by comparing actual cost data. 3) Developing the ratio of RC structure cost to wall structure cost by using cost predection model. The results could establish cost prediction process including the influence of nonmetric variables and the ratio of RC structure cost to wall structure cost.

System Structure and Reliability Optimization of VVVF Urban Transit Brake System Through Cost Function Construction (비용함수를 이용한 VVVF 전동차 제동장치의 시스템 구조 및 신뢰도 최적화)

  • Kim, Se-Hoon;Kim, Hyun-Jung;Bae, Chul-Ho;Lee, Jung-Hwan;Lee, Ho-Yong;Suh, Myung-Won
    • Transactions of the Korean Society of Automotive Engineers
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    • v.15 no.3
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    • pp.63-71
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    • 2007
  • During the design phase of a product, reliability and design engineers are called upon to evaluate the reliability of the system, The question of how to meet target reliability for the system arises when estimated reliability or cost is inadequate. This then becomes a problem of reliability allocation and system structure design. This study proposes the optimization methodology to achieve target reliability with minimum cost through construction of the cost function of system. In cost function, total cost means the sum of initial cost, repair cost and maintenance cost. This study constructs optimization problem about system structure design and reliability allocation using cost function. This problem constructed is solved by Multi-island Genetic Algorithm(MIGA), and applies to urban transit brake system. Current brake system of the urban transit is series system. Series system is the simplest and perhaps one of the most common system, but it demands high reliability and maintenance cost because all components must be operating to ensure system operation. Thus this study makes a comparative study by applying k-out-of-n system to brake system. This methodology presented can be a great tool for aiding reliability and design engineers in their decision-makings.

A Study on the Cost Structure of Foodservice Center in Institutions (단체 급식소 원가 구조에 관한 연구)

  • Park, Myun-Ae
    • Culinary science and hospitality research
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    • v.11 no.3 s.26
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    • pp.151-165
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    • 2005
  • The current study aims to help field managers of companies providing foodservice for institutions to establish the more appropriate cost management strategy by analyzing the cost structure of foodservice center in institutions by operating types and the number of people served. From the result analyzing 161 foodservice centers, the number of factories was highest with 39.8% while offices 26.7%, schools 20.5%, and hospitals 13%. In terms of the number of people served, below 500 persons was 27.6%, 501${\sim}$l,000 persons was 23.9%, 1,001${\sim}$2,000 persons was 22.7%, and over 2,001 persons was 25%. In the demographic characteristics of managers, women occupied over 92%. The reason for this is usually dieticians perform management duties. For the age of workers, 70.8% were older than 40s, which ran become the cause of a rise in cost by causing the decrease of productivity by aging. Therefore, appropriate countermeasures are required. In case of workers in production, women occupy 962 persons (82.2%) rating absolute majority like mangers. This is because cooks are in charge of almost every producing activity of meal facilities. In addition, more than 72.9% of workers in production were over 40 years old, which requires diversified studies to promote efficiency of production associated with the aging problem. In proportion of sales compared with cost material cost presented the highest percentage with 54.5% while labor cost 28.3%, general expenses 9.6% and business profit 7.6%.

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A Study on the Cost Estimate System Development Method for Nuclear Power Plant Construction Projects

  • Lee, Sang Hyun
    • International conference on construction engineering and project management
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    • 2017.10a
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    • pp.133-137
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    • 2017
  • Nuclear power plants in Korea are usually built based on a duplicated model; so the project cost data of the preceding unit can be used as reference when estimating the project cost for the succeeding unit. However, since the contracting method is oriented towards the price, empirical factors such as making top-down estimations using the reverse calculation method based on the completion cost of the preceding unit is dominant. In order to develop a project cost database to resolve such problems, the detailed cost boundary of the project cost data must be categorized by project and by system. This study proposes a method to connect the code of account with the base quantities and the IAEA account, and proposes a database structure for the development of a project cost estimation system. The estimation system developed in the future is expected to utilize the proposed project cost data structure.

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Ratio Estimation of Indirect Cost Sector about Defense Companies by Statistic Technique (통계 기법에 의한 방산업체의 간접원가부문 비율 추정)

  • Lim, Hyeoncheol;Kim, Suhwan
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.40 no.4
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    • pp.246-252
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    • 2017
  • In the defense acquisition, a company's goal is to maximize profits, and the government's goal is to allocate budgets efficiently. Each year, the government estimates the ratio of indirect cost sector to defense companies, and estimates the ratio to be applied when calculating cost of the defense articles next year. The defense industry environment is changing rapidly, due to the increasing trend of defense acquisition budgets, the advancement of weapon systems, the effects of the 4th industrial revolution, and so on. As a result, the cost structure of defense companies is being diversifying. The purpose of this study is to find an alternative that can enhance the rationality of the current methodology for estimating the ratio of indirect cost sector of defense companies. To do this, we conducted data analysis using the R language on the cost data of defense companies over the past six years in the Defense Integrated Cost System. First, cluster analysis was conducted on the cost characteristics of defense companies. Then, we conducted a regression analysis of the relationship between direct and indirect costs for each cluster to see how much it reflects the cost structure of defense companies in direct labor cost-based indirect cost rate estimates. Lastly a new ratio prediction model based on regularized regression analysis was developed, applied to each cluster, and analyzed to compare performance with existing prediction models. According to the results of the study, it is necessary to estimate the indirect cost ratio based on the cost character group of defense companies, and the direct labor cost based indirect cost ratio estimation partially reflects the cost structure of defense companies. In addition, the current indirect cost ratio prediction method has a larger error than the new model.

Development of the Space Cost Breakdown Structure(CBS) for Multi-Family Housing Projects (공공아파트 건설공사의 공간별 공사비분류체계 개발)

  • Hyun, Chang-Taek;Koo, Kyo-Jin;Yeon, Hee-Jung;Moon, Hyun-Seok;Cho, Kyu-Man;Hong, Tae-Hoon
    • Korean Journal of Construction Engineering and Management
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    • v.8 no.6
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    • pp.178-187
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    • 2007
  • As the government has enforced recently the policies on the distribution of the housing, the construction cost of multi-family housing projects has increasingly become very sensitive and political issue. However, it is difficult to predict the construction cost in planning and design phase of the project because the Bill of Quantity of the multi-family housing projects was composed of breakdown structure based on each work package. To predict the construction cost in planning and design phase for multi-family housing projects in more effective and reasonable way, this study developed the cost breakdown structure based on spaces using Delphi method. The Cost Breakdown Structure (CBS) based on spaces for multi-family housing projects basically consists of three parts: (i) Building part; (ii) Non-building part; and (iii) Additional part. The characteristics of spaces in multi-family housing projects are fully taken into consideration. Then these three parts were subdivided into work packages in terms of work tasks. Additionally, the usefulness and effectiveness of Space CBS in this paper were validated by analyzing the BOQs of several collected sample projects and matching with Space CBS afterwards.

A Linkage Method for the Life Cycle Cost Breakdown Structure through an Analysis of Boundary Conditions (경계조건 분석을 통한 LCCBS 연계방안)

  • Jeong, Jae-Hyuk;Kim, Tae-Hui
    • Journal of the Korea Institute of Building Construction
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    • v.13 no.4
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    • pp.321-332
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    • 2013
  • Costs and expenses are intertwined and incurred throughout an entire construction project, even from the pre-construction phase, and each phase has a different impact on the life cycle cost (LCC). However, the cost breakdown structure (CBS) is different in each phase of a building construction project, which makes it hard to reasonably calculate construction cost. For this reason, the boundary conditions were analyzed in this study based on the life cycle cost break structure (LCCBS). In addition, breakdown factors were analyzed based on the boundary conditions to derive a linkage method. The validity of the linkage method was verified through application to actual construction projects. Through the analysis, it was found that the problem of items being left out was reduced by more than 97.2 percent, and the work was done an average of 6 hours faster compared to the conventional method. It is expected that by applying the new LCC system, LCC will be both reduced and calculated in a more efficient manner.

Relationship Between Farm Land Structure and Machine Operation in Korea

  • Singh, Gajendra;Ahn, Duck-Hyun
    • Proceedings of the Korean Society for Agricultural Machinery Conference
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    • 1993.10a
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    • pp.129-138
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    • 1993
  • The shortage of agricultural labour due to industrial growth has greatly induced the mechanization in Korean agriculture. However small and scattered land holdings have been the main constraints in the process of mechanization. This paper describes the interrelationships of farm land structure, machinery selection and machinery operation areas. The sandy silt loam irrigated paddy land having single crop a year was selected as a target areas for this study. Machine operation cost is greatly influenced by operation period, plot geometry and operation area. On the improved geometry plots, optimal machine size increases slowly with increase in operation area. Operable area increases due to increased effective machine capacity on better geometry plot. The difference between the effects of operation period and plot geometry is that in the former case, the cost reduction is caused by delay in increase of machine size, whereas in the latter case timeliness cost is reduced by increase ffective capacity. The effect of farmland consolidation is greater on small plots than that on big plots. Increasing wage rates have induced the adoption of more labor saving machinery. Bigger labor saving machines require enlargement of operation area and larger plots through improvement in farm land structure. Machine cost on poor plot geometry increases more rapidly than that on the good plot geometry and as operation area increases machine cost reduces significantly. It is concluded that the development of agricultural mechanization ion Korea will depend on the improvement in farm land structure and enlargement of operation area.

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Optimum Service Life Management Based on Probabilistic Life-Cycle Cost-Benefit Analysis (확률론적 생애주기비용-이익분석 기반 수명관리 최적화 기법)

  • Kim, Sunyong
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.17 no.4
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    • pp.19-25
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    • 2016
  • Engineering structures including civil infrastructures require a life-cycle cost and benefit during their service lives. The service life of a structure can be extended through appropriate inspection and maintenance actions. In general, this service life extension requires more life-cycle cost and cumulative benefit. For this reason, structure managers need to make a rational decision regarding the service life management considering both the cost and benefit simultaneously. In this paper, the probabilistic decision tool to determine the optimal service life based on cost-benefit analysis is presented. This decision tool requires an estimation of the time-dependent effective cost-benefit under uncertainty to formulate the optimization problem. The effective cost-benefit is expressed by the difference between the cumulative benefit and life-cycle cost of a deteriorating structure over time. The objective of the optimization problem is maximizing the effective cost-benefit, and the associated solutions are the optimal service life and maintenance interventions. The decision tool presented in this paper can be applied to any deteriorating engineering structure.