• Title/Summary/Keyword: long-term cost

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A Study on the Long-Term Behavior Characteristics of Buoyancy-Resistant Permanent Anchor (부력저항 영구앵커의 장기거동 특성에 관한 연구)

  • Huh, Byungjoo;Kim, Chanki;Jung, Yonggun;Chun, Byungsik
    • Journal of the Korean GEO-environmental Society
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    • v.11 no.12
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    • pp.27-35
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    • 2010
  • The structures built under the groundwater level are affected by the buoyancy force, which is hydrostatic pressure in the up direction. Recently, buoyancy-resistant anchor method has been applied in many cases of the construction of the important structure of large size, which is built under the groundwater level so that it takes high uplift pressure. Even if the construction cost of the method is very high, it surely increases the safety rate. However, the diagnosis of the performance of the buoyancy-resistant permanent anchor and the investigation of resistance mechanism are still insufficient. Especially, the long-term behavior of the anchor has not been studied well due to the difficulty in observation procedure. The contribution of this paper is the establishment of reasonable design methodology. We have measured anchor axial forces for 10 years after the construction, by using an automated measurement and a manual measurement by establishing a load cell in anchor head. Through the data collected from the measurements, we analyze the construction-step behavior of the anchor according to the self-weight variation of the building and the long-term behavior (i.e. movement within 10 years after the construction) of the anchor according to the passage of time.

A study on the Dynamic Cost-Benefit Analysis with System Dynamics: Modeling and Economic Feasibility (시스템 다이내믹스 기법을 활용한 동태적 비용편익분석 모델구축과 사업성 평가에 관한 연구)

  • 최남희;전재호
    • Korean System Dynamics Review
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    • v.3 no.2
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    • pp.113-140
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    • 2002
  • The cost-benefit analysis is a technique for assisting with decision about the use of society's scare resources. There exists no detailed assessment like cost-benefit analysis. But recently, many policy analysts criticized the merit of cost-benefit analysis. As it is, it can be said that partial or approximate estimates of benefit and cost may be more dangerous than helpful. The purpose of this study is to overcome the limit of traditional cost-benefit analysis. For this purpose, we use the system dynamics approach for setting up new cost-benefit analysis, which we named that ‘Dynamics Cost-Benefit Analysis'. The usefulness of ‘Dynamics Cost-Benefit Analysis' is as follows; finding structural causal relationship between cost factors and benefit factors, understanding the long-term behavior of systems economic feasibility. In this study, we apply 'Dynamic Cost-Benefit Analysis' to case that is construction investment of funeral house by local government sector.

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Estimation and Adjustment Model Considering Time Value of Money for Long-Term Maintenance Cost of Apartment House (시간적 가치를 고려한 공동주택 장기수선충당금 산정 및 조정 모델)

  • Koo, Seonkeun;Kim, Jonghyeob;Jun, Inyeong;Kim, Yeongjin;Yoon, Yousang;Hyun, Changtaek
    • Korean Journal of Construction Engineering and Management
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    • v.18 no.3
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    • pp.12-21
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    • 2017
  • From 1960, the government decided to build apartment houses on a large scale in order to resolve the rising housing problems. However, the maintenance issues that have arisen from the deterioration of housing has not received adequate attention. The policy focuses only on the supply of housing. By passing new laws, the durable period during which buildings allowed reconstruction was increased, and long term maintenance plans were treated as important issues. The government was then obligated to establish certain long term maintenance plans and costs by legislating a Housing Act and requiring it be adjusted every three years. However, when planning long-term repair costs, doing so without considering the time value of money would become a problem. In addition, if differences between the planned repair costs and actual costs occur, it becomes necessary to adjust the long-term repair costs but, as of yet, the criteria to adjust such things does not exist. For these reasons, if there is lack of money to execute large-scale repair work, a building is unlikely to respond to deterioration of housing; on the other hand, an unnecessary reserve or pool of money can lead to conflict among residents. Therefore, this paper will propose estimation and adjustment models considering the time value of money for long term maintenance costs of apartment houses.

THE DEVELOPMENT OF A SAFETY ASSESSMENT APPROACH AND ITS IMPLICATION ON THE ADVANCED NUCLEAR FUEL CYCLE

  • Hwang, Yong-Soo;Kang, Chul-Hyung
    • Nuclear Engineering and Technology
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    • v.42 no.1
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    • pp.37-46
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    • 2010
  • The development of advanced nuclear fuel cycle(ANFC) technology is essential to meet the national mission for energy independence via a nuclear option in Korea. The action target is to develop environmentally friendly, cost-effective measures to reduce the burden of long term disposal. The proper scenarios regarding potential radionuclide release from a repository have been developed in this study based on the advanced korean Reference Disposal System(A-KRS). To predict safety for the various scenarios, a new assessment code based on the GoldSim software has also been developed. Deterministic analysis indicates an environmental benefit from the ANFC as long as the solid waster from the ANFC act as a proper barrier.

Purposes, Results, and Types of Software Post Life Cycle Changes

  • Koh, Seokha;Han, Man Pil
    • Journal of Information Technology Applications and Management
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    • v.22 no.3
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    • pp.143-167
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    • 2015
  • This paper addresses the issue how the total life cycle cost may be minimized and how the cost should be allocated to the acquirer and developer. This paper differentiates post life cycle change (PLCC) endeavors from PLCC activities, rigorously classifies PLCC endeavors according to the result of PLCC endeavors, and rigorously defines the life cycle cost of a software product. This paper reviews classical definitions of software 'maintenance' types and proposes a new typology of PLCC activities too. The proposed classification schemes are exhaustive and mutually exclusive, and provide a new paradigm to review existing literatures regarding software cost estimation, software 'maintenance,' software evolution, and software architecture from a new perspective. This paper argues that the long-term interest of the acquirer is not protected properly because warranty period is typically too short and because the main concern of warranty service is given to removing the defects detected easily. Based on the observation that defects are caused solely by errors the developer has committed for software while defects are often induced by using for hardware (so, this paper cautiously proposes not to use the term 'maintenance' at all for software), this paper argues that the cost to remove defects should not be borne by the acquirer for software.

Forecast of Repair and Maintenance Costs for Public Rental Housing (공공임대주택의 유지관리를 위한 수선유지비용 예측)

  • Lee, Hak-Ju;Kim, Sunghee;Kim, Do-Hyung;Cho, Hunhee
    • Journal of the Korea Institute of Building Construction
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    • v.18 no.6
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    • pp.621-631
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    • 2018
  • The repair and maintenance cost of domestic public rental housing is an issue of considerable interest and growing financial concern. This paper suggests a quantity-based model as an alternative method for predicting costs, instead of the conventional model which is based on actual cost data. Furthermore, this paper provides a forecast of the repair costs incurred each year during the multi family house's maintenance phase (40 years). The recently changed the long-term repair plan and quality-improved interior materials were considered into the research. In order to estimate the cost of maintenance work, 5 sample apartments were selected and analyzed. The repair and maintenance cost from the case studies was converted to cost per household and per floor area for general use. On the other hand, the net present value method was applied to reflect the effect of time. We expect that the results will help to establish expenditure plans that are more effective for public rental housing in the maintenance stage.

DEVELOPMENT OF A WEB-BASED COST AND DURATION MANAGEMENT SYSTEM FOR MEGA-PROJECTS

  • Chang-Taek Hyun;Run-Zhi Jin;Myoung-Jin Son;Seung-Yoon Shin
    • International conference on construction engineering and project management
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    • 2011.02a
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    • pp.510-515
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    • 2011
  • Urban renewal projects, in the form of mega-projects, are being actively implemented both nationally and internationally to revitalize inactive cities. These programs, however, are difficult to manage efficiently due to their need for a large budget over a long period of time and due to conflicts with stockholders. Moreover, existing cost and duration management systems are structured with emphasis on the design and construction stage of unit projects, thus limiting their application to long-term mega-projects that are integrated with various facilities. To solve these problems, this study developed a web-based system that can collectively manage the cost and duration of mega-projects at a program level. The unit modules included in the system--CBS organization, construction cost and duration prediction, and total cost and duration prediction--can support decision-making at the early stage of the program. Furthermore, the modules, which include contract management, execution management, change management, and program progress management, support the program operations for its successful accomplishment. The web-based cost and duration management system developed in this study is expected to be used as a valuable tool that supports the successful accomplishment of mega-projects through their efficient management throughout their life cycle.

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Development of Long-Term Hospitalization Prediction Model for Minor Automobile Accident Patients (자동차 사고 경상환자의 장기입원 예측 모델 개발)

  • DoegGyu Lee;DongHyun Nam;Sung-Phil Heo
    • Journal of Korea Society of Industrial Information Systems
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    • v.28 no.6
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    • pp.11-20
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    • 2023
  • The cost of medical treatment for motor vehicle accidents is increasing every year. In this study, we created a model to predict long-term hospitalization(more than 18 days) among minor patients, which is the main item of increasing traffic accident medical expenses, using five algorithms such as decision tree, and analyzed the factors affecting long-term hospitalization. As a result, the accuracy of the prediction models ranged from 91.377 to 91.451, and there was no significant difference between each model, but the random forest and XGBoost models had the highest accuracy of 91.451. There were significant differences between models in the importance of explanatory variables, such as hospital location, name of disease, and type of hospital, between the long-stay and non-long-stay groups. Model validation was tested by comparing the average accuracy of each model cross-validated(10 times) on the training data with the accuracy of the validation data. To test of the explanatory variables, the chi-square test was used for categorical variables.

Impact of Adjusted Out-of-Pocket Maximum Rules of Long-stay Admissions in Long-Term Care Hospitals (요양병원 장기입원에 대한 본인부담상한제 개편 영향 분석)

  • Yeojeong Gu;Seungji Lim
    • Korea Journal of Hospital Management
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    • v.29 no.2
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    • pp.37-47
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    • 2024
  • Purpose: This study aimed to determine the effect of adjusted out-of-pocket maximum rules in the 'differential co-payment ceiling', which means having a higher burden of co-payment, that expanded to the entire ceiling level in long-stay admission patients in long-term care hospitals(LTCH). Methodology: We used health insurance claim data between January 1, 2022, and December 31, 2022 received from the National Health Insurance Service. The study populations were inpatients in long-term care hospitals more than 1 days during the study period. We performed the difference in characteristics of the LTCH patient of the differential and general ceiling by the chi-square test. We estimated the change of the population, cost, and co-payments per person under the assumption of restructuring. Finding: Based on adjusted out-of-pocket maximum rules in 2023, it was expected that the number of benefits decreases at the high-income level while increasing at the low-income level. The burden of health expenditure after reimbursement of co-payment ceiling, is expected to increase by 65.1% in the highest medical necessity, whereas the low medical necessity would decreases compared to 2022. Practical Implications: The results demonstrate that the current out-of-pocket maximum rules do not reflect the needs of medical necessity. This study suggested the need to reflect the medical necessity in LTCH on the out-of-pocket maximum rules in the future.

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A Study on Contant Power Control for Virtual Implementation of Solar Cell (태양전지의 가상구현을 위한 정전력제어에 관한 연구)

  • 이정민
    • Proceedings of the KIPE Conference
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    • 2000.07a
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    • pp.10-13
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    • 2000
  • This paper proposes the virtual implementation of solar cell(VISC) for photovoltaic system. It is required to make operation condition of solar cell arrays where is the limit of time and space, The main advantage of the simulator is its ability to simulate different types and sizes of arrays considering V-I characteristics of data sheet. The VISC with buch-boost converter can be used to study the short-term and long-term performances of PV cells. The simulator is a far more cost effective and reliable replacement for field and filight testing.

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