• Korean Journal of Computational Design and Engineering
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• v.20 no.2
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• pp.193-209
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• 2015

For reasons such as global warming, depletion of fossil fuels and the danger of nuclear energy the research and development of renewable energy is actively underway. Wind energy has advantages over another renewable energy in terms of location requirements, energy efficiency and reliability. Nowadays the research and development area is expanded to offshore because it can supply more wind reliability and free from noise pollution. In this study, the monopile offshore wind turbine transportation and installation (T&I) process are investigated. In addition, the schedule and cost for the process are estimated by discrete event simulation. For the simulation, simulation models for various means of T&I are developed. The optimum T&I execution plan with shortest duration and lowest cost can be found by using different mission start day and T&I means.

• Journal of Korean Society for Quality Management
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• v.40 no.2
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• pp.117-125
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• 2012

For the highly reliable products, an accelerated degradation test (ADT) is a useful tool which has been employed in industry to obtain reliability-related information within an affordable amount of time and cost. In an ADT, as all other reliability tests, it is important to carefully design the ADT beforehand to obtain estimates of the quantities of interest as precisely as possible. In this paper, optimal ADTs are developed assuming that the constant-stress loading method is employed and the degradation characteristic follows a Wiener process. Under the constraint that the total cost does not exceed a pre-specified budget, the stress levels, the number of test units allocated to each stress level and the number of measurement (termination time) are determined such that the asymptotic variance of the maximum likelihood estimator of the q-th quantile of the lifetime distribution at the use condition is minimized.

• Clean Technology
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• v.28 no.2
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• pp.182-192
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• 2022

This study provides an overview of the production costs of methane and hydrogen via water electrolysis-based hydrogen production followed by a methanation based methane production technology utilizing CO₂ from external sources. The study shows a comparative way for economic optimization of green methane generation using excess free electricity from renewable sources. The study initially developed the overall process on the Aspen Plus simulation tool. Aspen Plus estimated the capital expenditure for most of the equipment except for the methanation reactor and electrolyzer. The capital expenditure, the operating expenditure and the feed cost were used in a discounted cash flow based economic model for the methane production cost estimation. The study compared different reactor configurations as well. The same model was also used for a hydrogen production cost estimation. The optimized economic model estimated a methane production cost of $11.22/mcf when the plant is operating for 4000 hr/year and electricity is available for zero cost. Furthermore, a hydrogen production cost of $2.45/GJ was obtained. A sensitivity analysis was performed for the methane production cost as the electrolyzer cost varies across different electrolyzer types. A sensitivity study was also performed for the changing electricity cost, the number of operation hours per year and the plant capacity. The estimated levelized cost of methane (LCOM) in this study was less than or comparable with the existing studies available in the literature.

• Journal of the Korean Society for Aeronautical & Space Sciences
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• v.49 no.3
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• pp.233-241
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• 2021

As increasing the feasibility of the eVTOL UAM(electric vertical take-off and landing urban air mobility), numerous corporations and laboratories are conducting researches. In the aircraft development process, estimating the cost of the aircraft is essential part in terms of budgeting and commercial viability analysis. However, it is difficult to predict the cost of an eVTOL UAM owing to various configurations and little open cost information. This paper presents a novel method to predict the vehicle cost of various eVTOL configurations by modifying previous studies of the aircraft cost estimation. A vehicle cost of Wisk Cora is calculated by the presented method as an example to illuminate the method. The method is indirectly validated by comparing the vehicle costs of six representative eVTOL aircraft with those from the UAM study reports.

• Journal of Korean Society of Water and Wastewater
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• v.22 no.5
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• pp.511-516
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• 2008

Since 1989, Advanced drinking water treatment processes began to build in Korea, especially the water treatment plants around the Nak-dong river stream due to sequential pollutant accidents. Moreover, Advanced drinking water treatment processes, ozone and GAC, are again to be built in water treatment plants around Han-river stream to control taste and odor, micro pollutants. However, there are still a lot of discussion to decide the processes to apply for advanced treatment. Thus there are still need to understand clearly on the cost evaluation of each advanced treatment processes. The cost evaluation was accomplished based on the data of six water treatment plants which are currently being either operating or constructing. Exceptionally, PAC(Powdered Activated Carbon) process was evaluated with cost estimation from construction company. The capital cost per unit volume of ozone process was significantly decreased as the treatment capacity increased. The capital cost was in the order of GAC, ozone and GAC. The operation cost decreased in the order of PAC, GAC and ozone. The total cost considering present value shows that ozone process covers 84% of ozone and GAC process for $30,000m^3/d$ capacity while it covers less than 35% for over 140 thousands $m^3/d$ capacity. Comparing GAC only, and ozone/GAC process, ozone/GAC process is more cost effective for high capacity water treatment plant.

• Proceedings of the Korean Institute of Building Construction Conference
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• 2013.05a
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• pp.210-212
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• 2013

The construction cost estimates during the design phase becomes the standard to judge profitability and validity, and is very important in various decision-makings by project owner. However, since approximate costs are quoted when many parts are undecided in the early stage of project, differences are bound to occur between the construction cost calculated through approximate quotation and that put into construction actually. Also, since in existing quotation works, quantity calculations have been dependent on the staff's manual work, involving error potential, and thus differences are likely in quantity calculation depending on the quotation staff's method of calculation. In this study, the process of creating space model to deduce 3D geometry information for approximate quotation in association with knowledge information and the expression for calculation of finishing area were proposed.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.19 no.5
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• pp.35-44
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• 2018

The purpose of this study was to derive the factors that affect the development cost and the priority/weight of effectiveness in the pre-development stage of a service robot to estimate the development cost. In particular, the functions of service robots vary according to the field of application, and their prices are not only different but most of them are small-scale production; hence, a cost estimation is necessary. In this research, the factors affecting the service robot development cost in the process of service robot development and adding functions are classified as a functional factor while the factors that affect the entire development cost due to environmental causes, in which the service robot is operated or in the development process, are classified as an adjustment factor. The FGI was conducted to derive the factors and a Delphi survey was conducted among 84 domestic experts to determine the weights of the factors. As a result of the analysis, six functional factors (41 detailed criteria) and five adjustment factors (17 criteria) were derived, the cost weight and rank of the factors were suggested. This study suggests that the development cost of the service robot can be used as a decision-making strategy to select the operation functions in the development process, and can be utilized as an essential tool for the service robot development.

• Proceedings of the KIPE Conference
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• 2016.11a
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• pp.59-60
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• 2016

Flooded lead acid batteries are still very popular in the industry because of their low cost as compared to their counterparts. State of Charge (SOC) estimation is of great importance for a flooded lead acid battery to ensure its safe working and to prevent it from over-charging or over-discharging. Different types of Kalman Filters are widely used for SOC estimation of batteries. The values of process and measurement noise covariance of a filter are usually calculated by trial and error method and taken as constant throughout the estimation process. While in practical cases, these values can vary as well depending upon the dynamics of the system. Therefore an Adaptive Unscented Kalman Filter (AUKF) is introduced in which the values of the process and measurement noise covariance are updated in each iteration based on the residual system error. A comparison of traditional and Adaptive Unscented Kalman Filter is presented in the paper. The results show that SOC estimation error by the proposed method is further reduced by 3 % as compared to traditional Unscented Kalman Filter.

• Proceedings of the Korean Institute of Building Construction Conference
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• 2014.05a
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• pp.44-45
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• 2014

Recently the Korean government also has strictly restricted a law such as GBCC(Green Building Certification Criteria)and RPS(Renewable Portfolio Standard) on the construction. Especially the government announced a obligation of renewable energy consumption over 12% for all the public buildings of total area over 1,000㎡ since 2014. Regarding to the policy, this study presented the economics of energy analysis of the public office buildings that supplies 12% renewable energy output in the early stage of construction project. This paper calculated on CO₂ emission by the geothermal, solar heat, and solar photovoltaic system and estimated the saving cost. Reduced cost through the energy saving are predicted to influence on the total construction cost. As a result air pollution and energy saving cost are expected that renewable energy system would be saving total initial cost of construction on planning phase.

• Journal of the Korean Society for Railway
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• v.14 no.2
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• pp.194-202
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• 2011

Most of Orders of Magnitude estimate are based on historical data. This data is converted to the current price using by the cost index method mainly. This method, however, is rarely utilized or only for one-time use due to the lack of data and the complex escalation calculation method. This paper present a typical process on the conceptual investment cost estimation using by Cost Indexes based on the actual case for the Train Control facility of High-speed rail project. The result is expected to serve as both an easy way for Order of Magnitude estimate and a standard guideline for computerized modeling.