• Title/Summary/Keyword: Cost Evaluation

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Evaluation of Design Variants of Drive Mechanisms for a Neck Massager based on a Simplified Criterion (단순화된 기준에 기반한 경추안마기 구동부 설계안의 평가)

  • Park, Jung Hyun;Kim, Kwon Hee;Chae, Soo Won;Cho, Chang Hee
    • Journal of the Korean Society for Precision Engineering
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    • v.32 no.1
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    • pp.83-88
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    • 2015
  • At the early stages of engineering design, a number of design concepts may be suggested. With a great degree of freedom, making a good choice may be a challenge at this stage. In this study, a simplified evaluation criterion for design concepts is presented based on cost, simplicity and safety. Cost is estimated by the amount of materials and the required level of tolerance. Simplicity is represented by the number of parts, assembly steps, and fasteners. Safety is assessed by the level of potential failure. The proposed criterion is applied to an example design of driving mechanisms for cervical vertebrae massage machine.

Reasonable Evaluation Technique in Regional Configuration of Underground Distribution System (지역별 지중 배전계통 구성방식의 합리적인 평가 기법)

  • Choe, Sang-Bong;Kim, Dae-Gyeong;Jeong, Seong-Hwan
    • The Transactions of the Korean Institute of Electrical Engineers A
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    • v.49 no.3
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    • pp.124-135
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    • 2000
  • This paper presents reasonable evaluation technique to determine system configuration of underground distribution system. To set up reasonable evaluation for a certain object region, it is necessary for methodology to access accurately factors such as economics, reliability, customer interruption cost, implementation and flexibility about proposed various configuration of underground distribution system. But it is difficult to evaluate factors as above-mentioned since there is no criterion to assess them in our country. Accordingly, having completed the technical and economical analysis and customer interruption cost of various types of system, this paper presents the most reasonable results to get the optimal configuration of underground distribution system. Also, this paper presents possible methodology which can be applied other areas having a different load characteristics by application actually making a selection Myungdong as sample area.

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Application of High Performance Coatings for Service Life Extension of Steel Bridge Coatings

  • Lee, Chan-Young
    • Corrosion Science and Technology
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    • v.20 no.4
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    • pp.169-174
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    • 2021
  • In this study, performance tests, a field evaluation, and a life cycle cost (LCC) analysis for high performance coating systems were conducted to prepare a plan to reduce the cost of maintenance coating and contribute to the service life extension of steel bridges by applying high performance coatings to steel bridges that will be constructed in the future. From the deterioration models based on the field evaluation for chlorinated rubber and urethane topcoat systems, which have been applied often, the mean service lives were derived as 20.8 and 26.6 years, respectively. For the other coating systems that have not been applied in practice, the coordination factors were differentially applied with evaluation items. The most durable coating system was predicted to be thermal spray coating (TSC) primer/epoxy intermediate coat/fluoride resin topcoat, with a predicted value as long as 42.2 years. The LCC analysis indicates that partial application of high performance coating, such as TSC and fluoride resin, to specific parts vulnerable to corrosion and ultraviolet ray (UV) is more advantageous than the use of general coating systems.

Feasibility Study on Leveling Method of Electric Power Load by Applying Thermal Storage Air Conditioning System (축열식 열원시스템 적용에 의한 전력부하 평준화의 경제성 검토)

  • Lee, Chulgoo
    • Journal of the Korean Society for Geothermal and Hydrothermal Energy
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    • v.15 no.1
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    • pp.9-17
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    • 2019
  • Reducing global warming potential has become important, and as one of those methods for reducing it, economic evaluation by applying ice thermal storage air conditioning system was performed. The floor area and height of the subject building was assumed $5,000m^2$ and 20 m. Absorption chillerheater system and air source heat pump system was used for comparing to the subject system, and payback period method was used to perform economic evaluation. Although the running cost of ice thermal storage system is reduced compared to two systems, the ratio is not significant compared to the increase of initial construction expenses, and payback period was calculated to be about 7.7 and 79.3 years. However, the heat storage system should be approached from the viewpoint of long term rather than the economic standard in the present standard.

Economic Feasibility of Common Utility Tunnel based on Cost-Benefit Analysis (비용편익 분석에 기초한 공동구의 경제적 타당성 평가)

  • Kang, Yeong Ku;Choi, Ik Chang
    • Journal of the Korean Society of Safety
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    • v.30 no.5
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    • pp.29-36
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    • 2015
  • Common utility tunnel is essential to the daily lives of people underground utilities (electricity, gas and supply facilities such as water, communication facilities, sewer facilities, etc.) to improve the appearance by co-acceptance and disaster prevention, important for the conservation of the city's population was concentrated road construction the city-based facilities. There is recognition of the importance of the various supply treatment facilities in common utility tunnel as infrastructure to accommodate joint according to the city expanded, the demand for infrastructure. In this paper, a cost-benefit analysis using a one-time occurrence, without simply relying on cost or current cost, project manager for the city-dimensional feasibility study conducted, the user level of the maintenance costs and user costs, including social costs items from various angles can be investigated and proposed a mechanism of economic feasibility common utility tunnel. Evaluation of the proposed technique is cost-benefit and cost caused by installing common utility tunnel the existing pipeline area - was investigated by the benefit analysis, extended and repeated common utility tunnel installation depends much affected by the excavation, so users of reducing the number of repeat excavation convenience can be seen that this occurs.

The evaluation of cost-of-illness due to use of cost-of-illness-based chemicals

  • Hong, Jiyeon;Lee, Yongjin;Lee, Geonwoo;Lee, Hanseul;Yang, Jiyeon
    • Environmental Analysis Health and Toxicology
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    • v.30 no.sup
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    • pp.6.1-6.4
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    • 2015
  • Objectives This study is conducted to estimate the cost paid by the public suffering from disease possibly caused by chemical and to examine the effect on public health. Methods Cost-benefit analysis is an important factor in analysis and decision-making and is an important policy decision tool in many countries. Cost-of-illness (COI), a kind of scale-based analysis method, estimates the potential value lost as a result of illness as a monetary unit and calculates the cost in terms of direct, indirect and psychological costs. This study estimates direct medical costs, transportation fees for hospitalization and outpatient treatment, and nursing fees through a number of patients suffering from disease caused by chemicals in order to analyze COI, taking into account the cost of productivity loss as an indirect cost. Results The total yearly cost of the diseases studied in 2012 is calculated as 77 million Korean won (KRW) per person. The direct and indirect costs being 52 million KRW and 23 million KRW, respectively. Within the total cost of illness, mental and behavioral disability costs amounted to 16 million KRW, relevant blood immunological parameters costs were 7.4 million KRW, and disease of the nervous system costs were 6.7 million KRW. Conclusions This study reports on a survey conducted by experts regarding diseases possibly caused by chemicals and estimates the cost for the general public. The results can be used to formulate a basic report for a social-economic evaluation of the permitted use of chemicals and limits of usage.

Nutritional Evaluation of the School Lunch Program : The Nutritent Density and Nutrients that affect the Cost of a Meal (학교급식식단의 영양평가 : 식단의 영양밀도 및 식단가에 영향을 미치는 영양소 연구)

  • 임경숙
    • Journal of Nutrition and Health
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    • v.29 no.10
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    • pp.1132-1141
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    • 1996
  • To provide approprate nutrition informatios and guidelines for the healthy school lunch program(SLP) menus, the nutritional quality of the SLP and the nutrients that affect the food cost of SLP were evaluated after analysis of recipes and food price lists of 776 menus collected from 10 elementary SLP schools in Seoul and Kyunggi province in Korea in the year of 1995. Index of nutritional quality of SLP menus were good enough, showing over 1.0 in all nutrients except vitamin A(0.86) in kyunggi province. The percent of calories from carbohydrates, protein and fat was 52%, 16% and 32%, while the polyunsaturated fatty acid/monousaturate fatty acid/saturated fatty acid(P/M/S) ratio was 1.0/0.95/1.15. On the other hand, the nutrient-cost evaluation showed that the most expersive nutrient for the RDA(Recommended Dietary Allowance) standard of SLP was origined from the cost of energy and vitamin A. In Pertary correlation analyses, the cost of SLP meals was positively asociated with energy(r=0.244, p<0.001), protein(r=0.306, p<0.001) and carbohydrate(r=0.159, p<0.001) in diet, while the most important predictor of the cost of SLP meal provides sufficient nutrients with enough calories, but fat level is somewhat higher than the suggested value from Dietary Guidelines for Koreans. These data also suggest that meals which could offer enough vitamin A might be included in SLP menus and the cost of a SLP meal can be reduced when choosing the cheap protein source food.

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Development of Economic Evaluation of Indoor Lighting System (실내 조명시스템의 경제성 평가법 개발)

  • Cho, Sook-Hyun;Lee, Min-Wook;Choi, Hyeon-Seok;Kim, Hoon
    • Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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    • v.26 no.1
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    • pp.8-14
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    • 2012
  • An economic evaluation is required to reduce the cost of energy and lighting in the design of interior lighting. WEELS2011 is developed as a method of economic evaluation for LED lighting systems. Economic evaluation for fluorescent and LED lightings and after applying rebate to LED system is conducted using WEELS2011. The utilization and analysis of WEELS2011 are suggested for the reduction of energy and lighting cost.

A Study on the Computerization of Function Evaluation in VE (가치공학(價値工學)에서의 기능평가(機能評價) 전산화(電算化)에 관(關)한 연구(硏究))

  • Lee, Seok-Hwan;Park, No-Guk;Song, Mun-Ik
    • Journal of Korean Society for Quality Management
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    • v.21 no.1
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    • pp.199-213
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    • 1993
  • The function-cost matrix table is not constant, but can be changed by many factors including equipment capacity, level of production technique, fluctuation of production volume, and the continuous development of products. Such changes would give the VE analysists additional work burden. By using computer. in this study, much of the time and effort of the function evaluation could be saved, and the efficiency of the analysis could also be enhanced. The application of the function evaluation data of R Company, as a case analysis, to the function evaluation computer program developed in this study resulted in the faster management of function-cost matrix table and function evaluation.

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A Study on the Evaluation of Energy Consumption of the Air Compressor (공기압축기 소비에너지 평가에 관한 연구)

  • Jang, Ji Seong
    • Journal of Drive and Control
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    • v.17 no.2
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    • pp.38-44
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    • 2020
  • Various efforts have been initiated to reduce the energy consumption of the compressor as it is one of the approaches to saving a large portion of the fixed cost of the production site. Various results of reducing the energy consumption of the compressor have been reported, but to reduce the energy consumption of the compressors fundamentally, regular management of the compressor should ensure optimum operation. This requires periodic on-site visits by experts, but is often overlooked as a cost issue, resulting in the use of the compressor in low-efficiency conditions. Thus, it is necessary to develop a low-cost evaluation technology for compressor condition monitoring and efficiency analysis to ensure that the compressor is always driven at the optimum efficiency without imposing undue burden on the compressor user. In this study, a sensor was installed at the inlet, outlet, and power supply of the compressor, and a method for evaluating the energy consumption of the compressor using the minimum sensor was derived. The experimental results are presented to show the validity of the proposed method. It was confirmed that the energy consumption of the compressor can be easily as well as efficiently evaluated by using the method developed in this study.