• Title/Summary/Keyword: Cost Evaluation Method

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A Decision Support System for the Selection of a Rapid Prototyping Process (쾌속조형공정 선정을 위한 지원 시스템)

  • 변홍석;이관행
    • Proceedings of the Korean Society of Precision Engineering Conference
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    • 2003.06a
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    • pp.5-8
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    • 2003
  • This paper presents a methodology to be able to select an appropriate RP system that suits the end use of a part. Evaluation factors used in process selection include major attributes such as accuracy, roughness, strength, elongation, part cost and build time that greatly affect the performance of RP systems. Crisp values such as accuracy and surface roughness are obtained with a new test part developed. The test part is designed with conjoint analysis to reflect users' preference. The part cost and build time that have approximate ranges due to cost and many variable parameters are presented by linguistic values that can be described with triangular fuzzy numbers. Based on the evaluation values obtained, an appropriate RP process for a specific part application is selected by using the modified TOPSIS(Technique of Order Preference by Similarity to Ideal Solution) method. It uses crisp data as well as linguistic variables, and each weight on the alternatives is assigned by using pair-wise comparison matrix. The ranking order helps the decision making of the selection of RP systems.

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A Study on the Simplified Economics Evaluation Method for Selecting a Heat Source System at the Pre-design Phase (초기계획단계에서 열원시스템 선정을 위한 경제성 간이 평가법에 관한 연구)

  • Park Yool;Park Jong-Il
    • Korean Journal of Air-Conditioning and Refrigeration Engineering
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    • v.16 no.11
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    • pp.1060-1067
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    • 2004
  • To apply an analysis method of life cycle cost when assessing economics of equipment system, we should basically set up preconditions such as useful life, price escalation rate, interest rate, etc. as well as consider a calculation algorism of source energy and heat source system, which is a complex process for life cycle costing. For this reason, equipment designers tend to plan heat source systems, without a thorough investigation on economics of alternative systems at the pre-design phase. In this process, architectural designers should adopt a proper heat source system, which is one of the most important factors for planning an appropriate architectural design, through a discussion with equipment designers in a short time. In order to offer an evaluation method for equipment designers to analyze economics of an alternative heat source system easily at the pre-design phase, this research would define the simplified economics, evaluation method through analysis of existing papers for economics evaluation, and examine validity through comparison of simplified method values ($LCC_{EC}$) and life cycle costing values ($LCC_{15}$) for six alternative heat source systems.

Vibration Control and Cost-Effectiveness Evaluation of Cable-Stayed Bridges with Semi-Active Control System (준능동 제어시스템을 이용한 사장교의 진동제어 및 비용효율성 평가)

  • Hahm, Dae-Gi;Ok, Seung-Yong;Park, Wonsuk;Koh, Hyun-Moo;Park, Kwan-Soon
    • Journal of the Earthquake Engineering Society of Korea
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    • v.9 no.4 s.44
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    • pp.43-54
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    • 2005
  • This paper presents cost-effectiveness evaluation of semi-active control system for cable-stayed bridge under earthquake excitations with various magnitudes and frequency contents. Semi-active control system, which is operated by using Bi-stale control method on the basis of linear quadratic Gaussian (LQG) optimal controller, is designed for the benchmark control problem proposed by Dyke et at. The cost-effectiveness of the proposed control system is defined by the ratio of life-cycle costs between a bridge structure with shock transmission units and a bridge structure with the semi-active control devices. The simulated results show that the damper cost has little influence on the cost-effectiveness of the semi-active control system while the cost-effectiveness is quite sensitive to the damage cost induced by the bridge failure. It is also found that the semi-active control system guarantees relatively high cost-effectiveness for the cable-stayed bridge subject to the ground motions in the regions of moderate seismicity with soft soil condition and strong seismicity with stiff soil condition.

A Study On Cost/Benefit Analysis in the Economic Evaluation of GSIS Implementation (GSIS 도입의 경제적 평가에 있어서 비용/효과 분석에 관한 연구)

  • Kim, Joo-Hwan;Yom, Jae-Hong;Sohn, Duk-Jae;Yeon, Sang-Ho
    • Journal of Korean Society for Geospatial Information Science
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    • v.1 no.1 s.1
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    • pp.217-225
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    • 1993
  • The cost/benefit analysis method is frequently used in the feasibility study of investments on geo-spatial information system. The cost/benefit analysis method has been applied extensively in the feasibility study of conventional information systems and recently efforts has been made to apply this method to geo-spatial information systems as well. This study efforts were made to present a cost/benefit model suitable for Korean GSIS and this model was then applied to Facility Management. In establishment of the cost model, the items of various costs were defined and a survey was made to find the average unit cost of each item. For the benefit model, the benefits of implementing a geo-spatial information system is classified into tangible and intangible benefits and only th tangible benefits were further classified. The established cost/benefit model was then applied to a gas distribution company with more than 100 employees and more than 300,000 customers. A GSIS was designed and the cost its implementation was compared to the present manual method of operation.

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A Study on the Application of Cost Risk Exposure methods by the Probabilistic Evaluation on the Construction Projects (확률적 평가에 의한 건설공사 비용 위험도 측정의 적용성에 관한 연구)

  • Cho Jea-Ho;Chun Jae-Youl
    • Korean Journal of Construction Engineering and Management
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    • v.1 no.1 s.1
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    • pp.63-71
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    • 2000
  • The paper considers two non-deterministic methods of analysing the risk exposure in a cost estimate The fist method(referred to as the 'conventional statistical' method) analyses cost data directly, to describe a probability distribution for total cost. The second method(referred to as the 'Monte Carlo simulation' method) interprets cost data directly, to generate a probability distribution for total costs from the descriptions of elemental cost distribution. The common practice of allowing for risk through an all-embracing contingency sum or percentage addition is challenged. Rather than excluding conventional, non-deterministic methods, they are here presented as possibly the only of effective foundation on which to risk management in cost estimating.

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A Study on the Evaluation Process Development for the Use of Outflowing Groundwater in Large-Scale Buildings (대형건축물의 유출지하수 활용을 위한 평가 프로세스구축에 관한 연구)

  • Kim, Jae-Yeob;Lee, Dong-Jin
    • Journal of the Korea Institute of Building Construction
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    • v.10 no.3
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    • pp.91-97
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    • 2010
  • Recently, as a countermeasure to the buoyancy of a building, the use of permanent drainage methods have been on the increase, and these provide benefits both in terms of economical feasibility and efficiency. When a permanent drainage method is applied, some underground water can drain out. Korea has been designated by PAI (Population Action International) as a water-stressed country, and the use of outflowing groundwater is required for the efficient oversight of water resources. However, the evaluation process on the practical use of underground water is currently insufficient. Therefore, the amount of outflowing groundwater put to practical use and the standard for the water quality were examined in this research, with the aim of establishing anappraisal process on the practical use of underground water drainage. In addition, standards for the assessment of the treatment process and the application cost of underground water drainage were developed. On this basis, an evaluation process on the use of outflowing groundwater was developed and applied inthe field. The application result proved that it was possible to assess the initial investment cost and the maintenance and management cost in the field, and thesecan be compared to the costs when supplied water is used, which makes it possible to apply in the field.

LCC Analysis of Steel Plate Bridge Deck Pavement Through Internalization of Improved Functions (기능 개선의 내재화를 통한 강상판 교면포장의 LCC 분석)

  • Baek, Jae Wook;Park, Tae Hyo
    • Journal of the Korea institute for structural maintenance and inspection
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    • v.15 no.5
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    • pp.113-123
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    • 2011
  • LCC analysis is a method that coordinates with function evaluation for value improvement, rather than a separate one for cost evaluation. Although its accuracy is rising, materials and structural types developed or applied relatively recently have yet to obtain a sufficient maintenance profile DB, inducing reliability to reduce from difficulties in estimating maintenance records. Based on the above mentioned background, this paper presents the LCC methodology of coordinating functional intensification matters with cost for analysis on alternatives with difficulties in setting maintenance profile. Recently, steel plate bridge deck pavements are faced with problems such as plastic deformation due to the increase in heavy vehicles and traffic, promoting the development of a new compound pavement. This paper execute LCC analysis by mentioning case studies of SMA, Guss and PSMA pavements to include performance scale compared between alternatives as relative evaluation coefficients into the maintenance profile.

Assessment of Interruption Costs for Public Customers

  • Choi Sang-Bong
    • KIEE International Transactions on Power Engineering
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    • v.5A no.2
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    • pp.186-192
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    • 2005
  • As the power industry moves towards open competition, there has been a call for methodology to evaluate power system reliability by using customer interruption costs. This paper presents an evaluation of the interruption costs for public customers in Korea using customer survey methodology. When various research results are examined, the evaluation of direct interruption costs becomes much more simplified. Especially, in the case of public customers, it is known that the evaluation of direct interruption costs is more useful. Accordingly, this paper selected the customer survey method to evaluate the interruption costs for public customers in Korea considering interruption and customer characteristics.

A Case Study on Simplified Assessment Method for Site Selection of the Waste Treatment Facilities in Korea (폐기물 처리시설 입지선정의 효율화 방안에 관한 연구 - 여주군 폐기물 매립지 입지선정 사례를 중심으로 -)

  • Lee, Mu Choon;Koo, Ja Kon;Kim, Ki Cheol;Kwon, Yeon Jeong
    • Journal of Environmental Impact Assessment
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    • v.8 no.1
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    • pp.71-79
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    • 1999
  • The comparative evaluation is the most effective method for site selection because the selection of waste treatment facility is to determine the optimum site out of limited candidate sites. This study adopted the ordinal scale evaluation, one of methods of comparative evaluation. The ordinal scale evaluation aims to determine the investigating items referring to the character of sites, to determine the importance factors for investigating items, and to determine the optimum site according to the quantitative evaluation. As a result of this study, the defects of the former reports on the environmental characteristics, such as obscurity of meaning and subjective statement, were reduced by the ordinal scale evaluation which is one of the quantitative evaluation methods. This ordinal scale evaluation method has some valuable advantages, such as, to be able to consider the cost-effect efficiency, to consider the objectiveness and the clearness of the reports on the environmental characteristics. Therefore the reducement of social complications about site selection of the indisposed facilities could be expected by this study.

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An Efficient Incremental Evaluation Technique Using an Extended Dependency Chart (확장된 종속차트를 사용한 효율적인 점진 평가 방법)

  • Hun, Jung-Lan
    • Journal of Internet Computing and Services
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    • v.10 no.2
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    • pp.75-84
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    • 2009
  • There have been numerous researches in minimizing the total cost of program development in order to improve productivity of the programs. The incremental evaluation is the evaluation method of reevaluating only affected parts instead of reevaluating overall program when the program has been changed. Since the incremental evaluation method carries its advantage, the method itself is very important when considering the execution efficiency of the program developing environment. This paper extends the dependency chart for an imperative language and presents the extended version of dependency chart which can be applied to the Object Oriented Programming Languages such 'Java'. This paper also presents the incremental evaluation algorithm for Object Oriented Programming Languages and proves its correctness, analyzing the efficiency of incremental evaluation by the simulation.

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