• Title/Summary/Keyword: expected life-cycle cost

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Economic Assesment for Track Ballast Structures based on Proper Maintenance Level (적정 유지관리수준에 기초한 궤도도상구조에 대한 경제성 검토)

  • Baek, Jae-Wook;Joo, Hwan-Joong;Song, Yoo-Seob;Park, Tae-Hyo
    • Journal of the Korean Society for Railway
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    • v.10 no.2 s.39
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    • pp.167-178
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    • 2007
  • In general, it is known that the concrete ballast track is possible to reduce a cost of maintenance activities cause of maintenance free by restrictive maintenance in application of track ballast structures. However, if deteriorations and fracture mechanism of a material are considered, proper maintenance activities and repairing are continually required. For the problems, we evaluated an economical efficiency of the gravel ballast and the concrete ballast on a proper level of maintenance activities. As the method based on history path is difficult to obtain sufficient reliabilities cause of an absence of real data for maintenance activities, we chose the delphi survey method by professional group, and we obtained the appropriate index and profiles for maintenance activities. As a result, we founded that effects for cost reduction can be expected by preventive maintenance management, and we proposed economical restrictions and life cycle cost for track ballast structures in a life cycle.

Economic Feasibility Analysis on the Benefit of Daylighting Incorporation Devices under Clear Skies (주광연동 제어설비를 이용한 청공광의 경제성 평가)

  • Kim, Gon;Kim, Jeong-Tai
    • Korean Journal of Air-Conditioning and Refrigeration Engineering
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    • v.19 no.7
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    • pp.491-499
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    • 2007
  • An architectural means of optimal daylight distribution is by using so-called light shelf systems, horizontal shading and redirecting devices. The overall performance of the daylighting system can be improved by the incorporation with electric lighting control devices. This paper aims to exemplify the benefit of daylighting in term of economic consideration. In such a case a reasonable technique to compare system costs is by life-cycle costing. Stated simply, a life-cycle cost represents the total cost of a system over its entire life cycle, that is, the sum of first cost and all future costs. Four different electric lighting system designs are proposed and a lighting control system that is continuously operating according to the level of daylight in the space has been adapted. The result shows clearly that although denser layout of lighting fixtures might be more effective to interface to the level of daylight ceaselessly changeable, its economic benefit may not meet the expected criterion the reason of increased initial investment and maintenance cost for the fixtures and control devices.

Economic Probation on the Benefit of Daylighting by a Light-Guide System (생애주기비용분석 기법을 이용한 채광기능성 창호시스템의 경제성 평가에 관한 연구)

  • Kim, Gon;Kim, Jeong-Tai
    • KIEAE Journal
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    • v.6 no.3
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    • pp.11-18
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    • 2006
  • Attention on daylighting should be focused not so much on a simple maximization of the natural light available in a space, as on improving the quality of lighting by ensuring as even but intense distribution of illumination in inner areas. An architectural means of optimal daylight distribution is by using so-called light shelf systems, horizontal shading and redirecting devices. The overall performance of the daylighting system can be improved by the incorporation with electric lighting control devices. This paper aims to exemplify the benefit of daylighting in term of economic consideration. In such a case a reasonable technique to compare system costs is by life-cycle costing. Stated simply, a life-cycle cost represents the total cost of a system over its entire life cycle, that is, the sum of first cost and all future costs. Four different electric lighting system designs are proposed and a lighting control system that is continuously operating according to the level of daylight in the space has been adapted. The result shows clearly that although denser layout of lighting fixtures might be more effective to interface to the level of daylight ceaselessly changeable, its economic benefit may not meet the expected criterion the reason of increased initial investment and maintenance cost for the fixtures and control devices.

Optimal Design of Steel Box Girders Considering LCC (LCC를 고려한 강박스 거더의 최적설계)

  • 안예준;이현섭;신영석;박장호
    • Proceedings of the Computational Structural Engineering Institute Conference
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    • 2004.10a
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    • pp.339-346
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    • 2004
  • This paper presents a method to minimize Life-Cycle Cost(LCC) of steel box girders. The LCC function considered in this paper includes initial cost, expected life-cycle maintenance cost and repair cost. A resistance force curve is derived from a condition grade curve of steel girders and optimal design of steel box girders is performed on the basis of derived resistance force curve. Also, in this paper annual costs of various case in LCC are compared and analyzed. It is concluded that the optimal design of steel box girders considering LCC by a presented method will lead to more economical and safer girders than conventional design.

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Automated Methodology for Linking BIM Objects with Cost and Schedule Information by utilizing Geometry Breakdown Structure (GBS)

  • Lee, Kwangjin;Jung, Youngsoo
    • International conference on construction engineering and project management
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    • 2015.10a
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    • pp.637-638
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    • 2015
  • There has been growing interests in life-cycle project management in the construction industry. A lot of attention is given to Building Information Modeling (BIM) which stores and uses a variety of construction information for the life cycle of project management. However, due to the additional workload arising from BIM, its expected effects versus its input costs are still under discussion in practice. As an attempt to address this issue, one of previous studies suggested an automated linking process by developing Standard Classification Numbering System (SCNS) and Geometry Breakdown Structure (GBS) to enhance the efficiency of integration process of BIM objects, cost, and schedule. Though SCNS and GBS facilitates identifying all different dataset, making object sets and linking schedule activities still needs to be manually done without having an automated tool. In this context, the purpose of this paper is to develop and validate a fully automated integration system for 3D-objects, cost, and schedule. A prototype system for single family homes (Hanok) was developed and tested in order to verify its efficiency.

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The Model to Generate Optimum Maintenance Scenario for Steel Bridges considering Life-Cycle Cost and Performance (강교량의 최적 유지관리 시나리오 선정 모델)

  • Park, Kyung Hoon;Lee, Sang Yoon;Kim, Jung Ho;Cho, Hyo Nam;Kong, Jung Sik
    • Journal of Korean Society of Steel Construction
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    • v.18 no.6
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    • pp.677-686
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    • 2006
  • In this paper, a more practical and realistic method is proposed to establish the lifetime optimum maintenance strategies of the deteriorating bridges considering the life-cycle performance as well as life-cycle cost. The genetic algorithm is applied to generate the set of maintenance scenarios that is the multi-objective combinatorial optimization problem related to lifetime performance and cost as separate objective functions, and the technique to select optimum tradeoff maintenance scenario is presented. Optimum maintenance scenarios could be generated not only at the individual member level but also at the system level of the bridge. Through the analytical results of applying the proposed methodology to the existing bridge, it is expected that the methodology will be effectively used to determine the optimum maintenance strategy for introducing a real preventive maintenance system and overcoming the limits of existing maintenance methods.

Optimal Life-Cycle Cost Design of Steel Box Girders (강박스 거더의 생애주기비용 최적설계)

  • Shin Yung-Seok;Park Jang-Ho;Lee Hyun-Sub;Ahn Ye-Jun
    • Journal of the Computational Structural Engineering Institute of Korea
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    • v.18 no.4 s.70
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    • pp.445-452
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    • 2005
  • This paper presents a design method to minimize Life Cycle Cost (LCC) of steel box girders. The LCC considered in this paper includes initial cost, expected life-cycle maintenance cost and repair cost. A load carrying capacity curve is derived from a condition grade curve of steel girders and load tarrying capacity that is measured in safety diagnostic test. And then, optimal design of steel box girders is performed on the basis of load carrying capacity curve. In this paper time and number of times for repair of steel girders are determined based on the calculated load carrying capacity curve. Also, annual costs considering real discount rate are compared and analyzed in various cases. It is concluded that the optimal design of steel box gilders considering LCC by the presented method will lead to more economical and safer girders than conventional design.

A Bayesian approach to maintenance strategy for non-renewing free replacement-repair warranty

  • Jung, K.M.
    • International Journal of Reliability and Applications
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    • v.12 no.1
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    • pp.41-48
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    • 2011
  • This paper considers the maintenance model suggested by Jung and Park (2010) to adopt the Bayesian approach and obtain an optimal replacement policy following the expiration of NFRRW. As the criteria to determine the optimal maintenance period, we use the expected cost during the life cycle of the system. When the failure times are assumed to follow a Weibull distribution with unknown parameters, we propose an optimal maintenance policy based on the Bayesian approach. Also, we describe the revision of uncertainty about parameters in the light of data observed. Some numerical examples are presented for illustrative purpose.

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Comparison of Relative Weights of Cost for Road-bed Construction and Energy on Life Cycle Cost of Railroad -in Case of Seoul-pusan High Speed Rail (철도노선의 생애주기비용에서 노반건설비와 에너지비용의 상대적 비중 분석 - 경부고속철도 사례를 중심으로)

  • Suh, Sunduck;Kim, Jeong Hyun
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.34 no.4
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    • pp.1261-1267
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    • 2014
  • It is generally recognize that the weight of energy cost for railroad alignment in the life cycle cost is higher than that for roadway. This study analyzed the relative weights of railroad road-bed construction cost and energy cost in the case of Seoul-Pusan High Speed Rail. Recently, the optimization of railroad alignment with computerized methodology has been studies. The optimization is supposed to aim the minimization of life cycle cost including the energy cost as well as the minimization of the construction cost. The operation period of the Seoul-Pusan High Speed Rail is limited to ten years, then various future operation scenario were developed for the next 20 years. The weight of energy cost is estimated 10~30% of the construction cost by scenario, and it is lower than the figure generally expected. It may be meaningful to provide the method to include the energy cost in the railroad alignment optimization.

A STUDY ON THE LIFE-CYCLE FOR SELECTING A GRATING

  • Yun-Sik Kim;Dong-Wan Kang;Taehoon Hong;Chang-Taek Hyun
    • International conference on construction engineering and project management
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    • 2009.05a
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    • pp.1189-1194
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    • 2009
  • A gutter-shaped U grating is a facility that is installed at the sides of a road to provide pedestrians with a rainwater-free road. The previous studies on this facility focused mainly on the progress of the efforts that are being made to improve its performance and interception efficiency so as to prevent damages in regional areas due to the heavy rains caused by climate change. The studies on its maintenance, however, are still inadequate. Therefore, this study was conducted to analyze and compare the life cycle costs and performance evaluations of the steel and magic gratings, which are installed in apartments. The results of the study show that the replacement period and rate of gratings differ depending on where they are installed. The initial capital investment cost of a magic grating installed at a road where many vehicles pass is quite high, but in terms of its maintenance and entire-life-cycle costs, its total expenses are lower than those of a steel grating. The results of this study are expected to serve as preliminary data for the selection of an adequate grating that is suitable for particular places in the design phase of construction projects.

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