• 설비공학논문집
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• 제10권6호
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• pp.773-783
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• 1998

The heating system for apartment complex may be classified as old systems including central system with steam boiler(S1), gas engine driven heat pump system(S2), system using waste heat(S3) and new systems including mechanical vapor re-compression system with flashing heat exchangers(S4), system using methanol(S5), system using metal hydride (S6). The purpose of the present study is to suggest optimal heating system by technically, economically and environmentally evaluating old and new heating systems of apartment complex from 500 to 3,000 households. Economic evaluation based on the technical evaluation results which estimated heat transfer area of heat exchangers and capacity of equipments was estimated initial investment cost, annual operating cost and relative payback period by considering annual increasing rates of energy cost and interest. Environmental evaluation provided annual generation rate of carbon dioxide. Initial investment cost was cheap in the order of S6, S5, S3, S2, S4, S1, annual operating cost was cheap in the order of S1, S2, S4, S5 and relative payback period was short in the order of S6, S5, S2, S3 and S4. Relative payback period was within 8 years for all scenarios of 3,000 households, and was increased as annual increasing rates of energy cost and interest were increased. As transportation pipe length was increased twice, payback period was increased by 1.4~2.6 time. The effect of temperatures of waste gas and waste water on the relative payback period was small within 0.8 years. The annual generation rate of carbon dioxide was big in the order of S4, S2 and S1. S4 was the most economic system among whole scenarios when S1 was replaced with other scenarios.

• 국제학술발표논문집
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• The 4th International Conference on Construction Engineering and Project Management Organized by the University of New South Wales
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• pp.534-541
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• 2011

Risk evaluation approaches for bidding on international construction projects are typically partitioned into three stages: country selection, project classification, and bid-cost evaluation. However, previous studies are frequently under attack in that they have several crucial limitations: 1) a dearth of studies about country selection risk tailored for the overseas construction market at a corporate level; 2) no consideration of uncertainties for input variable per se; 3) less probabilistic approaches in estimating a range of cost variance; and 4) less inclusion of covariance impacts. This study thus suggests a three-staged risk evaluation model to resolve these inherent problems. In the first stage, a country portfolio model that maximizes the expected construction market growth rate and profit rate while decreasing market uncertainty is formulated using multi-objective genetic analysis. Following this, probabilistic approaches for screening bad projects are suggested through applying various data mining methods such as discriminant logistic regression, neural network, C5.0, and support vector machine. For the last stage, the cost overrun prediction model is simulated for determining a reasonable bid cost, while considering non-parametric distribution, effects of systematic risks, and the firm's specific capability accrued in a given country. Through the three consecutive models, this study verifies that international construction risk can be allocated, reduced, and projected to some degree, thereby contributing to sustaining stable profits and revenues in both the short-term and the long-term perspective.

• 산업경영시스템학회지
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• 제18권34호
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• pp.161-172
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• 1995

The paper examines the cost analysis and economic evaluation for manufacturing system installation in a metal industry. The evaluation procedure is consist of four steps. 1) Attribute determination of manufacturing system 2) Cost Estimating 3) Alternative and Model determination of manufacturing system 4) Economic Analysis. The impact of manufacturing system installations on employment displacement and strategic benefit is discussed and suggested to make a coherent determination of company's objective.

• 대한인간공학회지
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• 제27권4호
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• pp.45-58
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• 2008

Ergonomic techniques have been required to analyze the effectiveness of functional clothing design improvement in a systematic and analytic manner. The goals of the present study are to: (1) comprehensively and analytically examine the effectiveness of clothing improvement by using the relationship analysis between clothing design components (D) and ergonomic evaluation measures (E) and (2) prove the usefulness of cost-effectiveness analysis for clothing design optimization. The cost effectiveness analysis is comprised of the preliminary evaluation based on expertise and the in-depth evaluation where the D-E relationship analysis is applied. As a result of the cost effectiveness analysis applied to flame-proof clothing, an optimal design was identified by analyzing costs and qualitative/quantitative effects. In the preliminary evaluation, the expected effectiveness of each design alternative on wear efficiency and wear comfort was estimated. In the in-depth evaluation, however, the effectiveness of each design alternative was analyzed by quantitative evaluation in a wearing test using a questionnaire prepared based on the D-E relationship analysis. It was concluded that the D-E relationship analysis and the cost-effectiveness analysis are useful for comprehensive evaluation and optimization of functional clothing design.

• 동의생리병리학회지
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• 제36권2호
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• pp.48-53
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• 2022

This scoping review was conducted to identify the trends of cost-effectiveness studies on treatment of Korean medicine after rotator cuff surgery and indicators used in those studies. In researching stage, "patients after rotator cuff surgery", "cost-effectiveness evaluation" and "treatment of Korean medicine" were set as the keywords in "Pubmed", "Google scholar" and Korean databases (RISS, OASIS, KCI). There were no studies containing all three keywords, and after searching separately for "cost-effectiveness evaluation" and "treatment of Korean medicine", each 7 studies were reviewed. The indicators used in the study were identified such as study design, characteristics of subjects, outcome measurement and others. This study identified the need for cost-effectiveness evaluation on the treatment of Korean medicine after rotator cuff surgery. We expect that those indicators will be used to implement other studies afterwards.

• 전기학회논문지
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• 제61권7호
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• pp.950-956
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• 2012

As development of battery technologies, the installation of Battery Energy Storage System (BESS) increased. The BESS can be used for various purposes such like frequency response, load leveling, and fluctuation mitigation of renewable energy generators. In this paper, three state BESS model is proposed. the BESS model considering charge, discharge and keeping efficiency, and life cycle according to depth of discharge (DOD). Then, the benefit and cost of BESS installed at substation for load leveling are summarized. The economic evaluation of BESS is analyzed using net present values (NPV) analysis. In case study, the NPV analysis of NaS battery system is carried out using the proposed BESS model. Because the result of economic evaluation of BESS using nowadays cost data is not positive, the sensitivity analysis of BESS is conducted by changing the capital cost and energy cost.

• 국제학술발표논문집
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• The 3th International Conference on Construction Engineering and Project Management
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• pp.1195-1200
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• 2009

Two important concepts in VE are "function" and "cost." Cost can be expressed quantitatively. Unlike cost, the function can only be expressed qualitatively. Thus, to accurately evaluate the performance in VE analysis, it is required that the functional aspect should be considered a qualitative one. This study suggests a procedure of function oriented evaluation which can evaluate function enhancement of a VE proposal more logically and objectively. To conduct this study, problems were induced via case analysis, and solutions were found. In addition, the existing simple evaluation procedures were corrected, and a function enhancement evaluation procedure via function classification was suggested. For function classification, the use of the concepts, which were "intended function" and "additionally obtained function," was suggested. Function oriented evaluation procedure to VE proposals which is suggested in this study is expected to be a great help in treating valuable functions through VE job plan.

• 한국지진공학회:학술대회논문집
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• 한국지진공학회 2001년도 춘계학술대회 논문집
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• pp.387-393
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• 2001

Installing vibration control devices in the structure rises as a solution instead of increasing structural strength considering construction cost. Especially, viscoelastic dampers show excellent vibration control performance at low cost and are easy to install in existing structures compared with other control devices. Therefore, cost-effectiveness of structure with viscoelastic dampers needs to be evaluated. Previous cost-effectiveness evaluation method for the seismically isolated structure(Koh et al., 1999;2000)is applied on the building structure with viscoelastic dampers, which combines optimal design and cost-effectiveness evaluation for seismically isolated structures based on minimum life-cycle cost concept. Input ground motion is modeled in the form of spectral density function to take into account acceleration and site coefficients. Damping of the viscoelastic damper is considered by modal strain energy method. Stiffness of shear building and shear area of viscoelastic damper are adopted as design variables for optimization. For the estimation of failure probability, transfer function of the structure with viscoelastic damper for spectral analysis is derived from the equation of motion. Results reveal that cost-effectiveness of the structure with viscoelastic dampers is relatively high in how seismic region and stiff soil condition.

• KIEE International Transactions on Power Engineering
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• 제3A권3호
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• pp.124-129
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• 2003

As the power industry moves towards open competition, there has been a call for methodology to evaluate power system reliability by using composite interruption cost. This paper presents algorithms to evaluate the interruption cost of distribution power systems by taking into consideration the failure source and the composite customer interruption cost. From the consumer's standpoint, the composite customer interruption cost is considered as the most valuable index to estimate the reliability of a power distribution system. This paper presents new algorithms that take into account the load by customer type and failure probability by distribution facilities while calculating the amount of unserved energy by customer type. Finally, evaluation results of unserved energy and system interruption cost based on composite customer interruption cost are shown in detail.

• 대한전기학회:학술대회논문집
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• 대한전기학회 2001년도 하계학술대회 논문집 A
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• pp.267-269
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• 2001

This paper presents algorithms to evaluate reliability of distribution power system taking into consideration customer interruption cost. Customer interruption cost is considered as one of the valuable index to estimate reliability of the distribution power system from customer situation. Also, this paper estimate evaluation results regarding the reliability of distribution power system using a sample model system. Finally, evaluation results of unserved energy and system interruption cost based on customer interruption cost are shown in detail.