• Journal of the Korea Academia-Industrial cooperation Society
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• v.14 no.3
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• pp.1474-1480
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• 2013

This study attempted to estimate construction costs in accordance with the resource-based cost estimation (unit cost price) system by diameter for TBM method, and analyzed the direct cost and the total cost. Based on such figures, this study performed a regression analysis and proposed a model for an equation for estimating construction costs. model for the resource-based cost estimation (unit cost price) system classified by diameter for TBM method proposed by this study can be effectively applied to business planning, preliminary investigation, feasibility study, construction cost estimations in the early design stages.

• Proceedings of the Korean Institute of Building Construction Conference
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• 2011.11a
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• pp.133-134
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• 2011

While researches related with construction automation have dramatically increased, a Robot-based Automatic Construction system (RCA system) has developed for high-rise buildings in Korea. At the aspect that wide adoption of the RCA system is dependent on economic efficiency comparing with a conventional method, feasibility study on the RCA system should be implemented. However, due to practical limitations, the RCA system has tested to a seven story building. Based on the test results, this study implements a cost/benefits analysis to a simulated forty story building in order to derive more reliable data on the RCA system's practicability.

• Journal of the Korea Safety Management & Science
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• v.11 no.2
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• pp.153-158
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• 2009

An optimal selection problem of SCM system is one of the critical issues for the company's competitiveness and performance under global economy. This paper presents a hierarchy model consisted of characteristic factors for introducing SCM system and an AHP (Analytic Hierarchy Process) based decision-making model for SCM system evaluation and selection. The proposed model can systematically construct the objectives of SCM system selection to meet the business goals. This paper focuses on selecting an optimal SCM system considering both all decision factors and sub-decision factors of a hierarchy model. Especially, the benefit/cost analysis is applied to choose SCM system. A case study shows the feasibility of the proposed model and the model can help a company to make better decision-making in the SCM system selection problem.

• Journal of the Semiconductor & Display Technology
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• v.17 no.1
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• pp.54-61
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• 2018

In this study, two aspects were analyzed about the robot for removal of explosive devices. First, the cost analyses were performed to provide a reasonable solution for the acquirement of the system. It is processed by an engineering estimate method and the process was consisted of two ways : a system development expense and a mass production unit price. In additions, the resultant cost analyses were compared between the cases excluding and including a mines detection system. As results, in the case of the acquirement of the robot system for removal of explosive devices, it is recommended that the performance by improving the mines detection ability should be considered preferentially rather than the cost because the material cost for the mines detection system is negligible compared to the whole system cost. Second, as a way for improving the system performance by the mine detection function, the carbon nanotube (CNT) based sensor technology was studied in terms of sensitivity and simple productivity with presenting its preliminary experimental results. The detection electrodes were formed by a photolithography method using a photosensitive CNT paste. As results, this method was shown as a scalable and expandable technology for the excellent mines detection sensors.

• Journal of The Korean Society of Agricultural Engineers
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• v.55 no.2
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• pp.9-20
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• 2013

Many studies have reported additional treatment is needed to use wastewater for agricultural purpose. Economic considerations should be taken into account to establish infrastructure for agricultural reuse because of a large amount of water use in irrigation and relatively low water quality requirement. The objective of this study was to conduct economic analysis of wastewater reclamation and reuse systems for agriculture. A system dynamics approach considering complexity and dynamics in the wastewater reuse systems was used for the economic analysis, which are related with social, environmental, and economic problems. Sensitivity and benefit cost analysis for wastewater reuse systems was conducted through the established economic assessment model. The result of sensitivity analysis showed that water resources development and installation cost were the most sensitive for total benefits and costs, respectively. The scenario-based test of the organized economic assessment model shows marginal cost ranges and enables decision-makers to decide reasonable cost for the wastewater reuse systems for agriculture.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.67 no.11
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• pp.1523-1529
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• 2018

Electric vehicles that are currently in operation are being produced domestically. Therefore, there is no great difficulty in receiving or repairing the failed parts or in the overall repair. On the other hand, most of the electric locomotives are manufactured by introducing the parts and technology of foreign vehicle manufacturers. In this paper, conducted a study about life cycle cost analysis of developed auxiliary power unit in 8200 series electric locomotive and suggested cost down method. This confirms the economic benefits of the developed products of the auxiliary power supply compared to the existing products. In addition, a sensitivity analysis of MTBF was conducted to suggest a life cycle cost down method.

• Proceedings of the KSR Conference
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• 2011.05a
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• pp.1134-1141
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• 2011

Costs have long since become a major issue in railway system analysis, attention is not limited to the acquisition costs alone, but encompasses all costs involved in the use and disposal of the systems. Concepts such as Life Cycle Cost(LCC), Costs Of Ownership(COO), or Total Ownership Cost(TOC) are more and more frequent in any document dealing with system analysis. Most of railway projects have applied this LCC Model to evaluate effectiveness of system acquisition cost. But these action of LCC model does not applied all the rest of system life cycle period due to the differences of its responsibility. This is why a study has been undertaken by the operation party to harmonize the most important aspects of the LCC model. This study focused on these and other objectives for introduction of method and needs for an action plan for maintenance actions involved relevant cost allocation.

• KIEAE Journal
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• v.12 no.1
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• pp.105-112
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• 2012

When a building is planned and designed, the design should be able to minimize the cost during the whole life cycle of the building. This study has begun to analyze LCC about the alternative design which is applicable to renewable energy facility construction. It is reviewed domestic and foreign papers about the trend of LCC technology and it is determined the analytical method to analyze the LCC of renewable energy. Regarding the review of alternatives, it is chosen the three alternatives which are able to designed combing the renewable energy facilities and it is performed the LCC analysis about each alternative. Alternative 1 is Photovoltaic + Solar Thermal + Photovoltaic /Wind Power, Alternative 2 is Geothermal + Photovoltaic, and Alternative 3 is Photovoltaic + Solar Thermal. The LCC analysis is present value method, its analytical period is 40 years and it is applied 3.2% of real discount rate. As a result, it is proved that Alternative 1 and Alternative 3 are not able to collectible the early investment cost during the analytical period and Alternative 2 is analyzed that its pay-back period of early investment cost is about 31 years. As the final outcome of this study on case analysis, it is more advantageous to use the combination of Geothermal and Photovoltaic energy than to use the other combination in LCC aspect.

• Geomechanics and Engineering
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• v.32 no.5
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• pp.503-512
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• 2023

In tunneling projects, a significant part of the costs is spent on segment production. By more economically producing, the cost of tunnel construction can be greatly reduced, especially in long and large-diameter tunnels. In the present study, the effect of using the Carousel method in the improvement of the production system performance compared to the conventional Static system has been studied. To carry out the research, a quantitative comparison of cost and production time was carried out for two production methods using the available documentation. The opinions of experts have been obtained using questionnaires and qualitative comparison of cost, time and production quality was done by implementation of statistical analysis. The SPSS software and the univariate t-test were used to analyze the questionnaires. According to the results of statistical analysis with SPSS, the use of the Carousel method will reduce production time and costs along with increasing manufacturing quality. According to the documentation analysis, the Carousel method reduces the cost of production by almost 30% and leads to a reduction of the production time to approximately 40% of the Static moulds system. The Carousel method has a higher production rate, efficiency, and better performance. Research into quantifying the benefits of Carousel method in the production system performance is very limited. This comparison is based on real information from the under construction Tabriz Metro project. This article can be very helpful in choosing the best production method.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.60 no.11
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• pp.1993-1999
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• 2011

Today, the power utilities is setting on the slow load growth and the aging of power equipment, and then could spend the efforts on the stability of system performance. Asset management may be defined as the process of maximizing corporate profit by maximizing performance and minimizing cost over the entire life cycle of power equipment. Therefore, asset management is great way to fulfill the economic investment and the stability of system performance. This paper presents the application of effective asset managem ent from an economic perspective. A proposed method is considering the life cycle analysis using life cycle cost methodology for hydro-generator during the total life cycle. The life cycle cost methodology include a way to calculating maintenance and operating costs. The proposed method will be expected to play an important role in investment decision making considering economic evaluation.