• Proceedings of the KSR Conference
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• 2011.10a
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• pp.517-544
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• 2011

Promote competition in local government and the construction of a subway construction in the vicious cycle of debt due to the operating deficit as a greater burden on local finances was leave. This government policy of public transport in the center of the metro construction costs affordable and to respond appropriately to public transport demand new transit LRT(Light rail Transit) by introducing the current Busan was the opening of Line 4, yongin line, Busan - Gimhae line, parliamentary and barge construction or ready for the opening. What is light rail, compared to the existing subway and cheaper construction cost, the existing road or bridge that runs along the track is installed, etc. Manless system construction cost and operating expenses as a possible new railway transportation has been a leading state-of-the-art mad. However, the domestic business system engineering of light rail-related companies in the developed countries are doing to advance to the national to the local engineering skills of the self-free, hurry will have to be secured. Therefore, this paper applies local light rail project on the status of the systems engineering analysis and based on this source of the latest engineering technology-intensive systems engineering to provide direction to the development of technology.

• Journal of the Korea Institute of Building Construction
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• v.13 no.5
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• pp.506-512
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• 2013

Since the amendment of the law on the private sector investment in social infrastructure in January of 2005, the government has been actively promoting Build-Transfer-Lease (BTL) projects. Notably, most new educational facilities have been built as BTL projects. For these facilities, the unit cost per unit area has been applied to predict construction costs. However, since construction costs are mostly managed after the detailed design phase, the costs can be estimated incorrectly. For this reason, cost management is needed in the planning phase, with a sound approximate estimate to prevent the wasteful use of funds. To address this shortcoming, this study aims to develop a quantity prediction model for education facilities using regression analysis in the planning phase. The developed model is focused on the required quantities of reinforced concrete and bricks. In order to achieve the objective, the data of 44 educational facility projects collected from Gyeonggi-do was used in the regression model. This study can be utilized by major stakeholders to accurately predict construction costs by estimating the appropriate quantities of reinforced concrete and bricks in the planning design phase.

• Journal of the Korean Society of Environmental Restoration Technology
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• v.4 no.4
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• pp.72-81
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• 2001

This study is aimed to review the previous research accomplishments with analysis of problems and to suggest the counter plan for the watershed management and the ongoing research strategy. Phytoremediation provides a cost-effective techniques having a merit of low investment and maintenance cost. It could be one of the best techniques, which is an alternative plan to overcome economical situation and lack of experts in our country. In forest watershed affected by waste water and heavy metal pollutants should be controlled by vegetative remediation system, but the disposal techniques of harvested plant materials should be developed. Also, high degree areas of natural vegetation as a key model to recover the vegetation should be well conserved. It is important to restore forest continuity between upper stream and lower stream basin with the restoration of damaged in forest watershed. It is established to integrated protection system for land use and management plan and to natural environment evaluation methods affected by projects such as erosion control and developments in stream and forest. In addition, I suggest the continuous environmental monitoring system to treat the pollutions concerned.

• Korean Management Science Review
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• v.32 no.4
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• pp.69-80
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• 2015

The semiconductor industry is one of those in which the most intricate processes are involved and there are many critical factors that are controlled with precision in those processes. Naturally production scheduling in the semiconductor industry is also very complex and studied by the industry and academia for many years; however, still there are many issues left unclear in the problem. This paper proposes an multi-objective optimization-based scheduling method for semiconductor fabrication(fab). Two main objectives are throughput maximization and meeting target production quantities. The first objective aims to reduce production cost, especially the fixed cost incurred by a large investment constructing a new fab facility. The other is meeting customer orders on time and also helps a fab maintain stable throughput through controlled WIP balancing in the long run. The paper shows a trade-off structure between the two objectives through experimental studies, which provides industrial practitioners with useful references.

• Journal of the Korean Society for Geothermal and Hydrothermal Energy
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• v.13 no.3
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• pp.16-22
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• 2017

It has become important for unutilized energy to be used for air conditioning of building. Economic evaluation on energy system by using treated sewage water as heat source, which is one of unutilized energy, was performed. The floor area of the subject building and the distance between heat source equipment and sewage treatment plant was assumed $30,000m^2$ and 200m. Absorption chiller-heater system was used for comparing to the energy efficient system, and payback period method was applied to carry out economic evaluation. Although the operating cost of this system is reduced compared to general heat source system, the ratio is not meaningful compared to the initial investment cost increase, and payback period was calculated to be about 36.1 years. However, when calculated based on the 2014 rate of electricity and city gas, it will be greatly reduced to 3.1 years. International commodity prices are constantly changing, and therefore national policy on the spread of unutilized energy should be maintained.

• Korean Journal of Air-Conditioning and Refrigeration Engineering
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• v.29 no.3
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• pp.119-126
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• 2017

Recently, ground source heat pump systems are being used in buildings for cooling and heating to reduce greenhouse gas and save energy. However, ground source heat pump systems mainly use the vertical closed-loop geothermal system design rather than the open-loop geothermal system design. This is due to a lack of knowledge and few research feasibility studies. In this research, a dynamic thermal analysis numerical simulation based on a standard house model was conducted for an open-loop geothermal system. Based on heating load analysis results, the life cycle costs of a standard house using an open two-well geothermal system were analyzed and compared with a vertical closed-loop geothermal system, and a diesel boiler. As a result, it was found that using an open two-well geothermal system shows economic return on investment after three years.

• Journal of Environmental Policy
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• v.6 no.3
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• pp.91-114
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• 2007

The cooperative cost sharing scheme for Dust and Sand Storm(DSS) in North East Asia, as suggested in Song and Nagaki(2007), may not be feasible due to possible defection(s) of participating countries. If non-cooperative strategies are more plausible, Nash equilibrium can suggest possible outcomes of the cost sharing game. The result from the continuous strategy model shows that there exists an infinite number of Nash equilibrium such that the summation of investment from each country is always equal to the required budget of the ADS pilot project. It is also discussed that the discrete strategy model points to only 3 Nash equilibria in continuous strategy game outcome and the cooperative game solution may be just one of the infinite equilibria.

• Transactions of the Korean hydrogen and new energy society
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• v.27 no.3
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• pp.256-263
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• 2016

As the hydrogen era comes near future, hydrogen fuel cell vehicles are core of hydrogen economy. Until now, Korea has 17 hydrogen refueling stations but 9 hydrogen refueling stations have been retired already and 8 hydrogen refueling stations are still running. With a limited number of hydrogen refueling stations, it is very difficult to get scientific data for the economy of hydrogen refueling stations in Korea. Thus, based on NREL(National Renewable Energy Laboratory) study, we analyzed most recent data for the construction of hydrogen refueling stations in one specific site in Korea. The cost comparison data between Korea and USA shows 14% difference, saying higher costs of Korea. Korea looks 5 years delay compared to USA. This data will be an important tool for the investment from every industrial parties.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.45 no.4
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• pp.21-30
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• 2022

To mitigate the environmental impacts of the energy sector, the government of South Korea has made a continuous effort to facilitate the development and commercialization of renewable energy. As a result, the efficiency of renewable energy plants is not a consideration in the potential site selection process. To contribute to the overall sustainability of this increasingly important sector, this study utilizes the Black-Scholes model to evaluate the economic value of potential sites for off-site wind farms, while analyzing the environmental mitigation of these potential sites in terms of carbon emission reduction. In order to incorporate the importance of flexibility and uncertainty factors in the evaluation process, this study has developed a site evaluation model focused on system dynamics and real option approaches that compares the expected revenue and expected cost during the life cycle of off-site wind farm sites. Using sensitivity analysis, this study further investigates two uncertainty factors (namely, investment cost and wind energy production) on the economic value and carbon emission reduction of potential wind farm locations.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.45 no.1
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• pp.83-90
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• 2022

This study deals with replacement analysis of deteriorated equipment for improving productivity of production system. Frequent breakdown of the deteriorated equipment causes a situation that reduces productivity such as low product quality, process delay, and repair cost. However, the replacement of new equipment will be required a high initial investment cost, so it is important to analysis the economic feasibility. Therefore, we analyze the effect of the production system due to the aging effect of the equipment and the feasibility of equipment replacement based on the economic analysis. The process flow, working time, logistics movement, etc. are analyzed in order to build the simulation modeling for a ship and land switchboard production system. Using numerical examples, the economic feasibility analysis of equipment replacement through replacement of existing deteriorated equipment and additional arrangement of new facilities is performed.