• Title/Summary/Keyword: safety cost

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Economic Analysis for Standardization R&D of Urban Rail System (도시철도 표준화 연구개발사업의 경제성 분석)

  • Chung, Choong-Sik
    • Proceedings of the KSR Conference
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    • 2007.11a
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    • pp.1694-1714
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    • 2007
  • This study is to estimate economic benefits of Standardization R&D of Urban Rail System. Benefit was to be realized through standardization of main areas such as train vehicle, railway, power system, and signal system. To derive and calculate the quantitative benefit, the sources of economic impact was divided into three dimensions -operational cost savings, import substitution, and safety effects. Economic effect of the standardization was categorized based on a modified BSC model. Economic benefits from time and labor savings are converted into cost savings. Import substitution and investment multiplier effect have a positive impact in addition to cost savings. The estimation of the standardization R&D of Urban Rail System was conservatively estimated 370 billion Won. Cost effectiveness of standardized safety system was conservatively translated into economic benefit in this analysis. This study provides a practical guide to economic evaluation of the various railway R&D projects.

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A Study on Export and Import Logistics Business Model for Transportation Cost Reduction (물류비 절감을 위한 수출입물류 Business Model 연구)

  • Kim, Tae-Hun;Jang, Jung-Hwan;Choi, Yoon-Jeong;Lee, Chang-Ho
    • Journal of the Korea Safety Management & Science
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    • v.15 no.1
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    • pp.177-182
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    • 2013
  • More and more medium and small enterprises do business across the world according to generalization of online shopping mall such as eBay and Amazon. But high export and import transportation cost make weak the price competitive power of medium and small enterprises products. Then this paper deals with the development of new business model which can reduce the transportation cost for global logistics through efficiently overcoming the constraints as length, size, and weight of product. We explain this model with application for company which export the automobile parts. We can expect the transportation cost reduction by 50%.

Study on Optimal LCC Considering Asset Management Through Maintenance-Period Analysis about Railway Truss Bridge (철도트러스 교량의 유지보수주기분석을 통한 자산관리 차원의 최적LCC에 관한 연구)

  • Kim, Tae-Hee;Park, Mi-Yun;Moon, Jae-Woo
    • Proceedings of the KSR Conference
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    • 2008.06a
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    • pp.1350-1358
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    • 2008
  • Recently the study related to life cycle cost analysis of railway structure consisted of a complex is proceeded covering several range, which is considering the methodology of efficiency and rationalization for maintenance and analysing long-time behavior of the structure of looking at standpoint from asset management and safety. But LCCA(life cycle cost analysis) of railway structure was almost impossible as there were not anything datum for maintenance plan, such as maintenance periods related to each of components(painting and corrosion of steel, and cracking of elements, etc)and maintenance proportion, despite of its 100-year history. According, for collecting data related to railway truss bridge, bridge record cards and testing safety papers, and researching question, etc are surveyed and classified for LCC Analysis. Especially, LCC assessment on the side of assets-maintenance considering about initial cost, maintenance cost, and indirect cost is constructed. Maintenance period and complementary measure rate are very important in maintenance. To decide maintenance period, Baysian updating method is applied.

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A Study on the Reduction of Logistics Cost in the Paper Industry Using PPS (PPS도입에 의한 "제지업계" 물류비 절감에 대한 연구)

  • 안종윤;강경식
    • Journal of the Korea Safety Management & Science
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    • v.5 no.1
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    • pp.57-67
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    • 2003
  • The logistics cost in Korea is very higher than that of the other countries. Thus, we propose to the way to reduce company's logistics cost in the paper industry. Each company in the paper industry is having its particular sized pallets and using them to manufactured products, store, deliver, retrieve empty pallet and so on. In this reason, the logistics cost is still increasing. As the common introduction of Pallet Pool System to "Paper Industry", the logistics cost could be reduced up to 24% and 1.8 billion won saved approximately, and it possibly attributes to the increase of company profit and the strength of the company competitiveness.itiveness.

Study on Operational Plan of Hot Gas Parts for Cost Reduction of Gas Turbine with Cases Oriented (가스터빈의 운전유지비 절감을 위한 고온부품의 운영방안에 관한 연구 - 사례중심으로 -)

  • Yu, Won-Ju;Cho, Chi-Woon
    • Journal of the Korea Safety Management & Science
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    • v.11 no.1
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    • pp.93-101
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    • 2009
  • The use of the gas turbine for power supply is increasing recently. Accordingly, the operation and maintenance cost of the gas turbine is gradually increasing and the various efforts to cut the cost are needed. For an operation and maintenance cost saving of the gas turbine, reductions of the new purchasing charge and the reproduction repair cost of the hot gas parts are required through more effective operation and life management methods for the hot gas parts. The hot gas parts are the main parts of the gas turbine and they are replaced with the periodic. In this research, efficient operation and life management methods for the hot gas parts were presented with the cases. The methods were analyzed and verified based on real data and the cases for improving a lifetime were utilized in the field.

Optimal Burn-In under Warranty

  • Kim, Kui-Nam J.;Park, Chi-Yeon;Hong, Chan-Geui
    • Proceedings of the Safety Management and Science Conference
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    • 1999.11a
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    • pp.147-155
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    • 1999
  • This paper discusses an optimal burn-in procedure to minimize total costs based on the assumption that the failure rate pattern follows a bimodal mixed Weibull distribution. The procedure will consider warranty period as a factor of the total expected burn-in cost. A cost model is formulated to find the optimal burn-in time that minimizes the expected burn-in cost. Conditional reliability for warranty period will be discussed. An illustrative example is included to show how to use the cost model in practice.

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The study of logistics optimization model with empty transfer rate of reverse logistics (역물류의 공차율을 고려한 물류 최적화 모델 연구)

  • Ryu, Byung-Woo;Park, Jae-Hyun
    • Journal of the Korea Safety Management & Science
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    • v.8 no.3
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    • pp.125-141
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    • 2006
  • If do not become whole optimization because enterprise's individual enterprise internal determinate improvement effort is associated with activity in enterprise SCM, competitive power can not but be extremely limited the result. Therefore, to spur in hidden cost's discovery and logistics' optimization is actuality. In this paper, as long as it is by logistics cost except empty driving if reverse logistics happens in distribution channel progressing, logistics reverse logistics' hidden cost through model that do minimization profit of logistics to look for plan that can do maximization try. Finally, is based on dual of distribution cost and profit of logistics and reverse logistics and achieves Pull, optimal system modeling that use Push system and gropes method of effective logistics cost.

Determining the Proper Level of Spare Parts using the CSP and (r,Q) Policies in a Two-Echelon Distribution System (2계층 분배시스템에서 혼합재고정책을 이용한 적정재고수준 결정에 관한 연구)

  • Jeong, Suk-Tae;Lee, Jung-Hack;Kim, Kyung-Sup
    • Journal of the Korea Safety Management & Science
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    • v.9 no.4
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    • pp.121-127
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    • 2007
  • CSP(Concurrent Spare Parts) is supplied with the procurement of new equipment or weapon system and is used to sustain the equipment without resupply during the initial coverage period. This study is concerned with a problem of determining the near optimal inventory level of the spare parts, especially Concurrent Spare Parts. For this, we utilize the mixed periodic and continuous review polices considering the CSP and (r,Q) Policies concurrently in a two-echelon distribution system. We propose the mathematical model to minimize the total cost which is composed with ordering cost, purchasing cost, holding cost, and stickout cost. If the mixed policy is compared to other policies(CSP, (r,Q)), the proposed methodology performs well and is best policy in the equipment maintenance expenses.

Analysis of Economic Lifespan for Replacement Policy of Container Ship using Fuzzy Interval Numbers

  • Jang, Woon-Jae
    • Journal of Navigation and Port Research
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    • v.35 no.2
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    • pp.173-178
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    • 2011
  • This study determined the ship replacement life expectancy from an economic perspective. There are many ambiguities in the cost for calculation of economic lifespan, and these were expressed as fuzzy numbers. Also, a fuzzy cost model using fuzzy numbers was developed and suggested as a more practical analysis method than the existing cost model. And the suggested fuzzy model was used to determine the economic lifespan for various types of container ships. As the result, Without fuzziness, the economic lifespan of 5000 TEU Ships was found to be 19 years. it was found that the greater the container ship, the greater the economic lifespan was.

An Analysis of Policy Priority for Work-Related Injury & illness and Investment Losses of Workplace Safety (작업관련성 손상·질병 발생과 손실비용에 따른 예방정책 우선순위 연구)

  • Park, Kyoung-Don;Yi, Kwan-Hyung
    • Journal of the Korea Safety Management & Science
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    • v.15 no.4
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    • pp.7-16
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    • 2013
  • As workplace incidents has been being declining in Korea, there is criticism of the effectiveness of occupational safety policy implementation. It is unknown that which policy target group needs to be targeted to yield effective injuries prevention. The purpose of this paper is to analyze and reveal the policy intervention group with a high priority in terms of industrial incident prevention and the related investment cost. A Policy Priority Model(PPM) is composed of 6 indicators regarding influences of both the incident reduction and the cost reduction. Z-score analyses are used to confirm the high policy priority area or policy target group. Overall, workplace with worker below 50 persons, construction site with the sales of more than a hundred million won, workplace with relatively small percentage of female employees and relatively higher percentage of older worker should be prioritized to reduce workplace injuries. This paper provides an analytic way that can be used to decide the policy priority workplace in order not only to reduce work-related injuries&illnesses and the related investment cost but to further lessen the related societal costs.