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

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The Life Cycle Cost Estimation using the Maintenance Information of a Propulsion Control System in the High Speed Train(KTX-1) (고속철도차량(KTX-1) 추진제어장치의 유지보수정보를 이용한 수명주기비용 예측)

  • Kim, Jae-Moon;Yun, Cha-Jung;Kim, Yang-Su;Jang, Jin-Yeong;Lee, Jong-Seong
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.60 no.11
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    • pp.2176-2181
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    • 2011
  • This paper estimates the life cycle cost(LCC) of a propulsion control system using the maintenance information in the high speed train(KTX-1). Life cycle costing is one of the most effective approaches for the cost analysis of long-life systems such as the KTX-1. Until now, most life cycle cost of the system has been studied as a whole system viewpoint. But in case of railway industry, LCC studies are needed on the subsystem like a propulsion control system because subsystems are developed continuously localization. This paper proposes the life cycle cost model which fitted to estimate life cycle cost (LCC) using maintenance information manual. As a result, LCC on propulsion control system increased moderately expect for periodical time when major parts are replaced at the same time. Results will be reflected in the development of domestic products.

The Estimation Analysis Method of the Annual Operation Cost of Korean High-rise Condominiums

  • Ko, Eun Hyung;Choi, Jun Young
    • Architectural research
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    • v.7 no.1
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    • pp.11-18
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    • 2005
  • In today's building industry the emphasis has been geared more towards construction, thus building maintenance and life cycle have been neglected until now. A direct result of this neglect is the rapid aging of building, which leads to more cost-effective decision making methods for the prolongation of building life span. The following study is conducted in the area of Daegu and Seoul in order to develop the estimation analysis method of the annual operation cost of the Korean high-rise condominiums for the cost-effective decision making support through mathematical and statistical analyses including the present value and standardized measurement corrections. Based on the assumption that the life expectancy of the high rise condominium is 50 years, initial cost is ₩421,212/$m^2$, and a total sum of yearly operation cost during life expectancy is ₩2,154,499//$m^2$), yearly accumulated operation cost is shown as below: $AOC=0.7097t^4-38.803t^3+806.95t^2+11045t-496.52$ ($R^2=0.98$) (Here, AOC = Accumulated Operation Cost, t = given years)

A Life Cycle Cost Analysis in Design and Manufacturing of Production System (생산시스템의 설계/제조에서의 생애비용(LCC)에 관한 연구)

  • 함효준
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.18 no.34
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    • pp.173-183
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    • 1995
  • Life cycle cost has been one of the key criteria in design or purchasing of systems, particularly in the flying weapon system. Unexpected cost increase or system breakdown during the system life can be reduced by controlling maintenance cost A system should be designed for maintainability in early stage of product life cycle. The design should be insensitive to its environmental, organizational, and human factors in the stage of customer's utilization. This paper presents LCC as a controllable variable and also suggests a new control model for LCC analysis. The estimation of maintenance cost based upon maintenance scenario, design of maintainability followed by minimizing maintainability loss function in the beginning stage of design, and increase of useful life of systems are among the factors to control LCC.

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Analysis of Life-Cycle Cost for Urban Transit System using RAM (RAM을 고려한 도시철도시스템의 수명주기비용 분석)

  • Han, Seok-Youn;Hong, Soon-Ki;Ha, Chen-Soo
    • IE interfaces
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    • v.18 no.4
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    • pp.477-484
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    • 2005
  • This paper is concerned with the life-cycle cost(LCC) of the urban transit system which was developed by KRRI and is now under test in Gyeongsan, Korea. Its reliability, availability and maintainability(RAM) were analyzed. LCC is the core part of analyzing the total cost of acquisition and ownership of a system. LCC analysis of a system is the most effective when it is applied in the it's early design phase. In this paper, we present IEC 60300-3-3(Life Cycle Costing) in detail and propose how to apply LCC in assessing the urban transit system according to RAM process. This case study demonstrates that reliability management system is very effective in reducing the operating cost of subway corporations in Korea.

Life Cycle Cost Analysis of Main Conversion System in 8200 Series Electric Locomotive (8200호대 전기기관차 주변환장치 LCC 분석)

  • Kim, Wan-il;Lee, Kye-Seung;Choi, Jong-Rok;Kim, Jae-Moon
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.66 no.12
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    • pp.1830-1835
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    • 2017
  • 8200 Series Electric Locomotives are mostly imported from overseas due to aging and uncertainty of source technology, and it's the maintenance cost is increasing. We are analyzed life cycle costs based on international standards such as IEC 60300-3-3 and IEC62278. The main conversion system of the 8200 series electric locomotive is closely related to vehicle operation and is one of the subsystems requiring frequent maintenance. In this paper, the life cycle cost of the main conversion unit in 8200 series electric locomotive is analyzed based on the maintenance manual. As a result of analysis, maintenance cost of GTO module and control device is relatively high, and it is confirmed that the cost increases according to the useful life.

A study on the economic feasibility and the LCCO2 of Main floor covering materials in day care centers (어린이집 주요 바닥마감재의 경제성 및 LCCO2 분석에 관한 연구)

  • Kim, Dong-Pil;Cho, Kyu-Man
    • The Journal of Sustainable Design and Educational Environment Research
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    • v.12 no.1
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    • pp.25-34
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    • 2013
  • As the construction industry develops, environmental pollution gets increasingly serious, giving damage including the increase of incidence of respiratory diseases and skin diseases among children with weakened immune systems, rather than adults. In daycare centers, infants and children spending much of their time, have high frequency of contact with the interior floor finish material. However, the majority of the child care centers don not use eco-friendly flooring but ordinary monorium flooring, because the initial investment cost of the eco-friendly flooring is higher than ordinary monorium flooring. Therefore, in this study, life cycle costs including the initial investment cost of the eco-friendly flooring and ordinary monorium flooring were calculated, demonstrating that the eco-friendly flooring is more economical than ordinary monorium flooring in terms of life-cycle cost. In addition, the analysis of the environmental performance also showed the excellence of the eco-friendly floor finishes. It is expected that the use of the eco-friendly floor finishes will increase due to their excellence in the aspect of life cycle cost and eco-friendly performance, through this study.

A Study on Algorithm of Life Cycle Cost for Improving Reliability in Product Design (제품설계 신뢰성 제고를 위한 LCC의 알고리즘 연구)

  • Kim Dong-Kwan;Jung Soo-Il
    • Journal of the Korea Safety Management & Science
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    • v.7 no.5
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    • pp.155-174
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    • 2005
  • Parametric life-cycle cost(LCC) models have been integrated with traditional design tools, and used in prior work to demonstrate the rapid solution of holistic, analytical tradeoffs between detailed design variations. During early designs stages there may be competing concepts with dramatic differences. Additionally, detailed information is scarce, and decisions must be models. for a diverse range of concepts, and the lack of detailed information make the integration make the integration of traditional LCC models impractical. This paper explores an approximate method for providing preliminary life-cycle cost. Learning algorithms trained using the known characteristics of existing products be approximated quickly during conceptual design without the overhead of defining new models. Artificial neural networks are trained to generalize on product attributes and life cycle cost date from pre-existing LCC studies. The Product attribute data to quickly obtain and LCC for a new and then an application is provided. In additions, the statistical method, called regression analysis, is suggested to predict the LCC. Tests have shown it is possible to predict the life cycle cost, and the comparison results between a learning LCC model and a regression analysis is also shown

Life Cycle Cost Analysis for Design of Buildings based on the Lifetime Risk (생애 위험도기반 건축물의 설계단계 생애주기비용 분석 방법)

  • Baek, Byung-Hoon;Cho, Choong-Yeon
    • Korean Journal of Construction Engineering and Management
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    • v.15 no.3
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    • pp.113-119
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    • 2014
  • Recently, the demand on the practical application of life-cycle cost effectiveness for design and rehabilitation of structure is rapidly growing unprecedently in engineering practice. Accordingly, in the 21st century, it is almost obvious that life-cycle cost together with value engineering will become a new paradigm for all engineering decision problems in practice. However, in spite of impressive progress in the researches on the LCC, the most researches have only focused on the Deterministic or Probabilistic LCC analysis approach (Level-1 LCC Model) at design stage. Thus, the goal of this study is to develop a practical and realistic methodology for the Lifetime risk based Life-Cycle Cost (LCC)-effective optimum decision-making at design stage.

A STUDY ON THE LIFE CYCLE COST ANALYSIS IN LIGHT RAIL TRANSIT BRIDGES: FOCUSED ON SUPERSTRUCTURE

  • Lee Du-heon;Kim Kyoon-tai;Kim Hyun Bae;Jun Jin-taek;Han Choong-hee
    • International conference on construction engineering and project management
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    • 2007.03a
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    • pp.30-40
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    • 2007
  • The demand for light-rail construction projects has recently been increasing, and they are mostly supervised by private construction companies. Therefore, a private construction company that aim to raise gains from the operation of the facilities during the contract period greater than what they invested should b able to accurately calculate the costs from the aspect of Life Cycle Cost (LCC). In particular, a light-rail transit bridge that has a heavier portion from the aspect of the cost of light-rail transit construction requires a more accurate calculation method than the conventional LCC calculation method. For this, an LCC analysis model was developed and a cost breakdown structure was suggested based on literature review. The construction costs by shape of the upper part of a light-rail transit were calculated based on the cost breakdown system presented in this paper, and the cost generation cycle and cost unit price were collected and analyzed based on records on maintenance costs, rehabilitation and replacement. In addition, after forming some hypotheses in order to perform the LCC analysis, economic evaluation was conducted from the aspect of the LCC by using performance data by item.

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Life Cycle Cost Analysis of Auxiliary Power Unit Developments for 8200 Series Electric Locomotive Based on Reliability (8200호대 전기기관차 보조전원장치 개발품의 신뢰도 기반 수명주기비용 분석)

  • Lee, Kye-Seung;Kim, Wan-il;Chang, Yoon-Woo;Kim, Jae-Moon
    • 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.