• Title/Summary/Keyword: Cost Evaluation

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Understanding and Attitude to Sustainable Development of College Students for a Nuclear Power Plant Construction in Education for Sustainable Development through Panel Discussion (패널토론을 적용한 지속가능발전교육에서 대학생의 원자력발전소 건립에 대한 지속가능발전 인식과 태도)

  • MOON, Sungchae
    • Journal of Fisheries and Marine Sciences Education
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    • v.27 no.5
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    • pp.1236-1251
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    • 2015
  • This study examined understanding and attitude of sustainable development(SD) of 38 college students in a nuclear power plant construction after education for sustainable development(ESD) through panel discussion. The results were as follows: First, after lesson 66% of students were expected that SD is possible if scientific technology is developed and a frugal life for the protection of environment is carried out. However, the remaining students regarded SD as an ideal concept, because they thought it is not possible to pursue environmental sustainability and socio-economic development simultaneously. Second, students' opinions in the evaluation of constructing a nuclear power plant in three aspects(environment, society and economy) before and after panel discussion were changed as follows; 1) After panel discussion, the objectors increased to 21% in economic evaluation, while the supporters increased to 11% in environmental evaluation. 2) Students majoring in engineering or natural sciences changed their opinions to agree in environmental evaluation because they considered a nuclear power plant safe and eco-energy. However students majoring in social science/business or liberal arts/arts changed their opinions to disagree in economic evaluation because they considered a nuclear power plant as high-cost energy when assessing danger-accidents cost, public consensus cost, operation and maintenance cost, and waste disposal cost. 3) This change of decision-making in students majoring in social science/business or liberal arts/arts after panel discussion was statistically significant(p<0.05). Implications of panel discussion as a teaching and learning method in ESD are also discussed.

Cost-Benefit Analysis for Safety Management Cost using Quantitative Risk Analysis (정량적 위험성 평가에 의한 안전관리 투자의 비용-편익분석)

  • 장서일;조지훈;김태옥
    • Journal of the Korea Safety Management & Science
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    • v.4 no.4
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    • pp.15-26
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    • 2002
  • The quantitative evaluation method of the safety management cost was suggested to prevent a gas accident as a major industrial accident. In a gas governor station, process risk assessments such as the fault tree analysis(FTA) and the consequence analysis were performed. Based on process risk assessments, potential accident costs were estimated and the cost-benefit analysis(CBA) was performed. From the cost-benefit analysis for five classification items of safety management cost, the order of the cost/benefit ratio was estimated.

Economic Evaluation Analysis of Effect of Train Freight Car Safety Transport Integrated Quality Management System Based on Internet of Things(IoT) (IoT기반 철도 화차 안전운송 통합 품질관리시스템에 관한 경제성 평가지표 분석)

  • Won, Jong-Un;Yoon, Chiho;Park, Sang-Chan
    • Journal of Korean Society for Quality Management
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    • v.44 no.4
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    • pp.869-881
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    • 2016
  • Purpose: The objective of this study is to verify the economic validation of quality management integrated train freight car by analyzing economic evaluation indicators such as benefit and cost, net present value, and inter rate of return. Methods: First, we itemize benefit and cost field by reviewing literatures; Benefit consists of 1)Safety, 2)Operation, and 3)Maintenance; Cost consists of 1)Set-up fee, 2)Wireless internet fee, and 3)Cloud storage using fee. Second, based on these estimated values, we conduct an economic evaluation analysis. Among them, benefit and cost, net present value, and internal rate of return are selected. Results: As a result, all estimated values are highly over criterion of economic validity($$B/C{\geq}_-1$$, $$NPV{\geq}_-0$$, $$IRR{\geq}_-R$$); 1)benefit over cost ratio is 28.22, 2)Net present value is 8,121.66million KRW, and 3)Internal rate of return value is 2272%. Conclusion: The findings of this study will help making a decision when train industry adopts IoT technology for improving the effectiveness.

Power cost evaluation of 350 MWe nuclear power plant (350MWe 원자력 발전소의 발전원가 추정)

  • 노윤래
    • 전기의세계
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    • v.16 no.4
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    • pp.41-49
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    • 1967
  • This paper covers an estimation and analysis of generating cost of 350MWe nuclear power plant using a pressurized water reactor on the assumption that such a nuclear power plant would be constructed in Korea in or around 1970. For the evaluation of this generating cost, an extensive study has been conducted based on the current information on operating and costing parameters of light water reactors, particularly those of pressurized water reactors. Based on this study, a total generating cost of 7.29 Mills/Kwh was evaluated by operating the plant at 80% plant factor. For this calculation, a steady state method was introduced. It is considered, therefore, that a total generating cost in the beginning of plant operation would be a little higher than 7.29 Mills/Kwh, which has been calculated in the state of equilibrium.

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Life-Cost-Cycle Evaluation Analysis of the Shunting Locomotive (입환기관차의 LCC 평가분석)

  • Chung Jong-Duk;Kim Jeong-Guk;Pyun Jang-Sik;Kim Pil-Hwan
    • Proceedings of the KSR Conference
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    • 2004.10a
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    • pp.551-556
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    • 2004
  • The deterioration of a shunting locomotive was characterized for the lifetime assessment. The locomotive has been used for shunting works in steel making processes, and in this investigation, various types of technical evaluation methods for the locomotive parts were employed to assess the current deterioration status and to provide important clue for lifetime prediction. Unlike other rolling stocks in railway applications, the diesel shunting locomotive is composed of major components such as diesel engine, transmission, gear box, brake system, electronic devices, etc., which cover more than 70 percent of the total price of the locomotive. Therefore, in this paper, each part of major components in the diesel locomotive was analyzed in terms of the degree of deterioration. The life-cycle-cost (LCC) analysis was performed based on the maintenance and repair history as compared with economical cost to provide the cost-effective prediction, i.e., to assess either repair for reuse or putting the locomotive out of service based on cost-effective calculation.

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Cost Analysis of Vertical Greenery in Urban Complex

  • Dong, Nannan;Huang, Fang
    • International Journal of High-Rise Buildings
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    • v.10 no.1
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    • pp.29-34
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    • 2021
  • Vertical greenery has become an important technological means to improve the ecological environment condition in urban high-density areas, especially in central areas of Chinese cities. The cost of vertical greenery has significantly increased both in the decision-making process of architectural design and in the assessment of the sustainability potential of urban complexes. The estimation and evaluation of the cost of vertical greenery have become important obstacles to multi-party investment in the construction of vertical greenery. Considering the factors of the building typology and full life-cycle cost, this paper constructs an assessment model of vertical greenery in seven types in urban complex, and suggests an optimized approach to vertical greenery in an urban complex.

A Study on Association Rule and Cost Efficiency Analysis Model Using Construction Supervision Reports (건축공사감리 문서 기반 연관규칙 및 비용효율성 분석 모델)

  • Song, Tae-Geun;Yoo, Wi Sung
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2023.05a
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    • pp.389-390
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    • 2023
  • To improve the cost performance of construction sites, various systems and standards are constantly being developed and implemented. Although legal requirements for these system and standard improvements have been increasing, the cost efficiency performance of construction sites remains stagnant. We have digitized documents generated through construction supervision work at 39 building construction sites and proposed a model that can support decision-making in cost efficiency evaluation. This model selects key keywords that are considered to be highly related to cost efficiency by identifying the patterns and relationships of keywords through associated rule analysis and social network analysis using keywords derived from documents. In addition, it is expected to be used as a decision-making aid to determine the cost efficiency of a specific building construction site by establishing a logistic regression model using core keywords. As a systematic database of construction supervision documents and an integrated system of massive data generated by digital technology are established in the future, the accuracy and reliability of the cost efficiency evaluation model are expected to be reinforced.

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A Study of Improvements in the Standards of Cost Estimate for the New Excellent Technology in Construction (건설 신기술의 원가산정기준 개선방안에 대한 연구)

  • Lee, Ju-hyun;Tae, Yong-Ho;Baek, Seung-Ho;Kim, Kyoungmin
    • Korean Journal of Construction Engineering and Management
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    • v.23 no.5
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    • pp.65-76
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    • 2022
  • The New Excellent Technology (NET) designation system, introduced in 1989 for the purpose of promoting the development of domestic construction technology and enhancing national competitiveness, reviews the statement of construction cost of new technologies. And the cost reduction effect such as design, construction, and maintenance cost and the effect of reducing the construction duration are evaluated as an evaluation criteria of economic feasibility. However, in this evaluation process, differences of opinion between the institution of construction cost estimating standard management and the new technology developer about unique technologies frequently occur. In addition it is difficult to objectively compare the construction duration with existing similar technologies because there is no information on productivity as the current cost estimating standards for new technologies only present the required amount per unit quantity. In this study, the current state of cost estimating criteria review procedure, evaluation criteria, and cost estimating standards establishment method were analyzed when screening for the designation of a new construction technologies, and compared with overseas cost estimating standards, measures to improve the cost estimating standards of current construction new technologies were suggested. Through the improved cost estimating standards of this study, it is expected that cost information on new technologies will be provided to clients in more detail than the current ones, and the availability and applicability of new construction technologies would be improved by simplifying the construction cost calculation process more.

Review on Studies for External Cost of Nuclear Power Generation (원자력발전 외부비용 연구들에 대한 검토)

  • Park, Byung Heung;Ko, Won Il
    • Journal of Nuclear Fuel Cycle and Waste Technology(JNFCWT)
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    • v.13 no.4
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    • pp.271-282
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    • 2015
  • External cost is cost imposed on a third party when producing or consuming a good or service. Since the 1990s, the external costs of nuclear powered electricity production have been studied. Costs are a very important factor in policy decision and the external cost is considered for cost comparison on electricity production. As for nuclear fuel cycle, a chosen technology will determine the external cost. However, there has been little research on this issue. For this study, methods for external cost on nuclear power production have been surveyed and analyzed to develop an approach for evaluating external cost on nuclear fuel cycles. Before the Fukushima accident, external cost research had focused on damage costs during normal operation of a fuel cycle. However, accident cost becomes a major concern after the accident. Various considerations for external cost including accident cost have been used to different studies, and different methods have been applied corresponding to the considerations. In this study, the results of the evaluation were compared and analyzed to identify methodological applicability to the external cost estimation with nuclear fuel cycles.

A Systematic Review of the Economic Evaluation of Telemedicine in Japan

  • Akiyama, Miki;Yoo, Byung-Kwang
    • Journal of Preventive Medicine and Public Health
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    • v.49 no.4
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    • pp.183-196
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    • 2016
  • Objectives: There is no systematic review on economic evaluations of telemedicine in Japan, despite over 1000 trials implemented. Our systematic review aims to examine whether Japan's telemedicine is cost-saving or cost-effective, examine the methodological rigorousness of the economic evaluations, and discuss future studies needed to improve telemedicine's financial sustainability. Methods: We searched five databases, including two Japanese databases, to find peer-reviewed articles published between January 1, 2000 and December 31, 2014 in English and Japanese that performed economic evaluations of Japan's telemedicine programs. The methodological rigorousness of the economic analyses was assessed with a well-established checklist. We calculated the benefit-to-cost ratio (BCR) when a reviewed study reported related data but did not report the BCR. All cost values were adjusted to 2014 US dollars. Results: Among the 17 articles identified, six studies reported on settings connecting physicians for specialist consultations, and eleven studies on settings connecting healthcare providers and patients at home. There are three cost-benefit analyses and three cost-minimization analyses. The remaining studies measured the benefit of telemedicine only, using medical expenditure saved or users' willingness-to-pay. There was substantial diversity in the methodological rigorousness. Studies on teledermatology and teleradiology indicated a favorable level of economic efficiency. Studies on telehomecare gave mixed results. One cost-benefit analysis on telehomecare indicated a low economic efficiency, partly due to public subsidy rules, e.g., a too short budget period. Conclusions: Overall, telemedicine programs in Japan were indicated to have a favorable level of economic efficiency. However, the scarcity of the economic literature indicates the need for further rigorous economic evaluation studies.