• Title/Summary/Keyword: Cost information

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A Study on the Prediction-Formulas of Approximate Estimate Based on Actual Work Cost for Subway (실적공사비에 의한 지하철 공사비 예측모형에 관한 연구)

  • Park, Jong-Hyuk;Jeon, Yong-Bae;Park, Hong-Tae
    • Journal of the Society of Disaster Information
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    • v.9 no.1
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    • pp.11-21
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    • 2013
  • This study proposed cost prediction equation model by considering duration, construction, size, actual cost with the subway construction started by the actual cost system which was introduced since 2004. Costs - scale exponent n(confidence range: 0.5 to 0.7) for cost prediction of subway construction was drawn total cost(0.713), net cost(0.77) in point of the 11 subway construction data. The cost prediction equation model of the subway construction which was presented in this study is able to effectively apply to business planning, preliminary investigation, feasibility study, basic design stage to estimate the approximate cost in the future.

Cost-Effective Replication Schemes for Query Load Balancing in DHT-Based Peer-to-Peer File Searches

  • Cao, Qi;Fujita, Satoshi
    • Journal of Information Processing Systems
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    • v.10 no.4
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    • pp.628-645
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    • 2014
  • In past few years, distributed hash table (DHT)-based P2P systems have been proven to be a promising way to manage decentralized index information and provide efficient lookup services. However, the skewness of users' preferences regarding keywords contained in a multi-keyword query causes a query load imbalance that combines both routing and response load. This imbalance means long file retrieval latency that negatively influences the overall system performance. Although index replication has a great potential for alleviating this problem, existing schemes did not explicitly address it or incurred high cost. To overcome this issue, we propose, in this paper, an integrated solution that consists of three replication schemes to alleviate query load imbalance while minimizing the cost. The first scheme is an active index replication that is used in order to decrease routing load in the system and to distribute response load of an index among peers that store replicas of the index. The second scheme is a proactive pointer replication that places location information of each index to a predetermined number of peers for reducing maintenance cost between the index and its replicas. The third scheme is a passive index replication that guarantees the maximum query load of peers. The result of simulations indicates that the proposed schemes can help alleviate the query load imbalance of peers. Moreover, it was found by comparison that our schemes are more cost-effective on placing replicas than PCache and EAD.

Cost Management System for Mechanical, Electrical, and Plumbing(MEP) Coordination Using Building Information Modeling(BIM) - A Case Study (BIM 기반 MEP 설계 조율 프로세스 분석을 통한 비용 관리 시스템 개발 사례 연구)

  • Won, Jongsung;Ham, Sungil;Jang, Sejun
    • Journal of the Korea Institute of Building Construction
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    • v.22 no.2
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    • pp.195-205
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    • 2022
  • This paper aims to propose a cost-based mechanical, electrical, and plumbing(MEP) coordination process using building information modeling(BIM). The proposed process can help project participants eliminate identified clashes between the MEP elements, analyze trends relating to MEP costs during the coordination process, and share their findings. MEP quantity-related information extracted through BIM was integrated with the cost database and schedule information. To check the applicability of the proposed process, it was applied to a construction project in South Korea. Through the application of the proposed process, MEP-related cost was reduced.

Preference for accessible design features for the elderly housing with its cost information (노약자를 위한 주거에서 비용정보제공에 따른 접근가능한 디자인 요소별 선호도 분석)

  • Lee, So-Young;Yoo, Sung-Eun
    • Korean Institute of Interior Design Journal
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    • v.22 no.5
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    • pp.60-67
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    • 2013
  • Preference studies regarding the elderly housing have been conducted to find out design features in specific needs of certain elderly groups with their various demographic characteristics. The purpose of this study was to investigate preference for accessible design features for the elderly and find out the differences in preference whether the cost information was given or not. Contrast to the previous studies, we suggested some alternatives to fulfill the accessible goals. Preference for each option was investigated and differences in preference with its cost information was also investigated. The total of 700 questionnaires were collected and analyzed using SPSS 18.0. As a result, to remove the level differences, respondents prefer installation of trench to installation of deck or ramp. When people received the cost information, the proportion of selection for each option has slightly changed. The findings of the study suggest that cost information is an important factor for choosing the option for removal of level difference, installation of sink design and holding bars, and installation of elevator. Regardless of age, the respondents prefer sliding door option (its cost is equal to the other option), one of the door option for bath room. It may be due to the relative small area for its installation. It was found that when people recognized the importance of the accessible design features higher, they are ore likely to pay for the option even though its cost is higher. The higher people evaluate the importance of accessible design features, the more they can pay for the option. In general, for the preference of alternatives, there are significant differences between the elderly and the younger.

Web-Based Cost Planning Program for High-Rise Office Building (고층 사무소건축의 공사비계획을 위한 웹 기반 개산견적 프로그램)

  • Kim Ki-Hong;Park Chan-Sik;Chang Sun-Ho
    • Korean Journal of Construction Engineering and Management
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    • v.6 no.2 s.24
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    • pp.69-79
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    • 2005
  • The Purpose of cost Planning at the early Phase of construction Projects is to provide the clients with the appropriate cost information during the design decision-making process. Therefore, the cost planning process is expected not only to predict projects' cost accurately but also closely to coordinate with the design decision-making activities. This paper proposes a new cost planning method for the effective and efficient directions relating a design decision-making process. Strategies for this method are i ) to utilize elemental cost breakdown system, and ii ) to apply probabilistic distribution theories. Based on these strategic direction, this paper proposed a probabilistic cost planning model for high-rise office building projects. The suggested model provides appropriate cost information to meet clients limited budget and various project' requirements during the design decision-making process. This study is based on probabilistic distribution variables theories and the range estimating technique. This study also develops a web-based software program in order to apply the proposed cost planning model effectively in high-rise of office building construction practices.

Life Cycle Cost Analysis of Primary Cooling System by Systematic Support Cost (각종지원금제도에 의한 냉열원시스템의 라이프 사이클 코스트 분석)

  • Kim, C.M.;Jung, S.S.;Choi, C.H.
    • Journal of the Korean Solar Energy Society
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    • v.22 no.4
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    • pp.97-106
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    • 2002
  • The purpose of this study is to analyze the life cycle cost of primary cooling system by systematic support cost. Life Cycle Cost(LCC) is the process of making an economic assessment of an item, area, system, or facility by considering all significant costs of ownership over an economic life, expressed in terms of equivalent costs. The essence of life cycle costing is the analysis of equivalent costs of various alternative proposals. In order to select economical primary cooling system in early heat source plan stages, the research investigates cost items and cost characteristics during project process phases such as planning/design, construction, maintenance /management, and demolition/sell phases. The study also analyze the life cycle cost by capacity leading to suggest the most economical primary cooling system by systematic support cost.

A study on pricing for information services (정보서어비스의 가격설정)

  • 권은경
    • Journal of Korean Library and Information Science Society
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    • v.20
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    • pp.383-411
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    • 1993
  • Information and information services are recently recognized as a commodity and libraries and information centers are also considered as a company. Under this circumstance, libraries and information centers encounter the problems how they can effectively achieve the objectives of service institutions and objectives of resource management as companies. Pricing policy for information services must be something to satisfy these two very different objectives. This paper discusses the following issues to develop pricing model for information services, 1) the needs of pricing for information services, 2) the major elements impacting to pricing of information services including the objectives of pricing, cost and demand of information services, and information value, 3) the pros and cons of pricing method using concepts of average cost, price differentiation, and marginal cost, respectively.

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The Impact of Corporate's Name Change on Cost of Capital (상호변경이 내재자본비용에 미치는 영향)

  • Yu, Soon-Mi
    • Management & Information Systems Review
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    • v.33 no.4
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    • pp.21-38
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    • 2014
  • This study investigates whether and how a firm's cost of equity is influenced by the extent of a firms's name change. Even though corporate name change doesn't give any benefit to investors, it can be a signaling about firm's future valuation. And also, if that signaling has high credibility, it can be decrease information cost and the firm's cost of equity. on the contrary to this, if corporate name change is kind of break with the past and corporate image laundering, it is bad signaling to investors. So it can be increase information risk and the firm's cost of equity. Using yearly cross-sectional regressions of the cost of equity on our proxies for corporate name change, size, beta, market-to-book ratio and other innate risk factor over the 2005-2010, we find that the cost of capital is positively associated with corporate name change after controlling for all other factors. This result implies that corporate name change increase information risk of the business, and thus increase information asymmetries between managers and outside investors with respect to a firm's true future value. This increases information risk, and creates an adverse selection problem, on the part of outside investors. Rational investors therefore demand a premium for bearing this corporate name change-related information risk, which in turn leads us to observe a positive relation between the intensity of corporate name change and the cost of equity.

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Establishment of WBS·CBS-based Construction Information Classification System for Efficient Construction Cost Analysis and Prediction of High-tech Facilities (하이테크 공장의 효율적 건설 사업비 분석 및 예측을 위한 WBS·CBS 기반 건설정보 분류체계 구축)

  • Choi, Seong Hoon;Kim, Jinchul;Kwon, Soonwook
    • The Journal of the Korea Contents Association
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    • v.21 no.8
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    • pp.356-366
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    • 2021
  • The high-tech industry, a leader in the national economy, has a larger investment cost compared to general buildings, a shorter construction period, and requires continuous investment. Therefore, accurate construction cost prediction and quick decision-making are important factors for efficient cost and process management. Overseas, the construction information classification system has been standardized since 1980 and has been continuously developed, improving construction productivity by systematically collecting and utilizing project life cycle information. At domestic construction sites, attempts have been made to standardize the classification system of construction information, but it is difficult to achieve continuous standardization and systematization due to the absence of a standardization body and differences in cost and process management methods for each construction company. Particular, in the case of the high-tech industry, the standardization and systematization level of the construction information classification system for high-tech facility construction is very low due to problems such as large scale, numerous types of work, complex construction and security. Therefore, the purpose of this study is to construct a construction information classification system suitable for high-tech facility construction through collection, classification, and analysis of related project data constructed in Korea. Based on the WBS (Work Breakdown Structure) and CBS (Cost Breakdown Structure) classified and analyzed through this study, a code system through hierarchical classification was proposed, and the cost model of buildings by linking WBS and CBS was three-dimensionalized and the utilized method was presented. Through this, an information classification system based on inter-relationships can be developed beyond the one-way tree structure, which is a general construction information classification system, and effects such as shortening of construction period and cost reduction will be maximized.

A Study of the Maintenance cost model for the Life Cycle Cost Calculation of the Railroad Vehicle (철도차량 수명유지비용 계산을 위한 유지보수 비용모델 연구)

  • Kim, Jae-Hoon;Jun, Hyun-Kyu;Park, Jun-Seo
    • Proceedings of the KSR Conference
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    • 2008.11b
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    • pp.567-573
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    • 2008
  • Life cycle costing is one of the most effective approaches for the cost analysis of long-term life products, like as railroad vehicle. Life cycle costing includes the cost of concept design, development, manufacture, operating, maintenance and disposal. Especially, life cycle costing in the railroad industry has been focused on the maintenance cost. In this paper, we investigated the standard, guide and maintenance information of railroad vehicle. For this purpose, we suggested the cost model of railroad vehicle maintenance information. We also performed maintenance cost analysis on the some sub-system of railroad vehicle for the case study.

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