• Title/Summary/Keyword: Expected Life-Cycle Cost

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Evaluate the expected price of HTS transformer for introducing into korean power system (초전도변압기의 계통적용을 위한 예상 시장진입가격 추정)

  • Kim, Jong-Yul;Lee, Seung-Ryul;Yoon, Jae-Young
    • Proceedings of the KIEE Conference
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    • 2004.11b
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    • pp.176-178
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    • 2004
  • HTS (High Temperature Superconducting) Transformer has the several useful characteristics in the viewpoints of technical and economical. Especially, an HTS transformer replaces the copper wire coils in a conventional transformer with lower loss HTS wire In addition, inexpensive, environmentally benign liquid nitrogen replaces the conventional oil as the electrical insulation (dielectric) and provides the necessary cooling for the HTS transformer Therefore, the Life-cycle cost of an HTS transformer is much more attractive than conventional because it is more energy efficient, lighter in weight, smaller in size, and environmentally compliant. HTS transformer can be the best way to replace with conventional transformer in the future. In this paper, we investigate the expected price of HTS transformer to have a merit in viewpoint of economic aspect. First, life-cycle cost of conventional transformer is calculated and based on this, the expected price of HTS transformer is evaluated, which HTS transformer is competitive against conventional transformer.

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The Software Reliability Growth Models for Software Life-Cycle Based on NHPP

  • Nam, Kyung-H.;Kim, Do-Hoon
    • The Korean Journal of Applied Statistics
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    • v.23 no.3
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    • pp.573-584
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    • 2010
  • This paper considers the differences in the software execution environments in the testing phase and the operational phase to determine the optimal release time and warranty period of software systems. We formulate equations for the total expected software cost until the end of the software life cycle based on the NHPP. In addition, we derive the optimal release time that minimizes the total expected software cost for an imperfect debugging software reliability model. Finally, we analyze the sensitivity of the optimal testing and maintenance design related to variation of the cost model parameters based on the fault data observed in the actual testing process, and discuss the quantitative properties of the proposed model.

Life Cycle Cost Estimation of Cleaning Robot for External Windows (유리창 외부 청소용 로봇의 생애주기비용 예측)

  • Kim, Kyoon-Tai;Jun, Young-Hun;Kim, Jeoung-Tae;Park, Kyeong-Ho
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2017.05a
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    • pp.272-273
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    • 2017
  • As businesses put a greater emphasis on outward appearances, the demand for external window cleaning has been on the rise. However, with the conventional labor-intensive window cleaning method, it is hard to meet this demand. Therefore, this study proposes a Life Cycle Cost (LCC) analysis model for a guiderail-type cleaning robot, and estimate the LCCs of the conventional method and the cleaning robot. The findings of this research are expected to serve as a guide for future development of a cleaning robot.

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Optimum Life-cycle Cost Design of Orthotropic Steel Deck Bridges (강상판교의 생애주기비용 최적설계)

  • Cho, Hyo Nam;Min, Dae Hong;Lee, Kwang Min
    • Journal of Korean Society of Steel Construction
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    • v.13 no.4
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    • pp.337-349
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    • 2001
  • This study present an optimum deck and girder system design for minimizing the life-cycle cost (LCC) of orthotropic steel deck bridges. The problem of optimum LCC design of orthotropic steel deck bridges is formulated as that of minimization of the expected total LCC that consists of initial cost, maintenance cost, expected retrofit costs for strength, deflection, and fatigue. To demonstrate the effect of LCC optimum design of orthotropic steel deck bridges, the proposed optimum LCC design is compared with the conventional method for orthotropic steel deck bridges design. From the numerical investigations, it may be positively stated that the proposed optimum design procedure for orthotropic steel deck bridges based on the LCC will lead to more rational, economical and safer design.

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Cost Effectiveness of Bse-Isolation for Bridges in Low and Moderate Seismic Region (중저진 지역에서의 지진격리교량의 경제적 효율성에 관한 연구)

  • 고현무
    • Proceedings of the Earthquake Engineering Society of Korea Conference
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    • 1999.04a
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    • pp.178-185
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    • 1999
  • Minimum life-cycle cost helps to evaluate cost effectiveness of base-isolated bridges under specific condition. Life-cycle cost mainly consists of the initial construction cost and the expected damage cost. Damage cost estimation needs proper model of input ground motion failure probability evaluation method and limit states definition. We model the input ground motion as spectral density function compatible with the response spectra defined at each seismicity and site condition. Spectrum analysis and crossing theory is suitable for reseating calculation of failure probabilities in the process of cost minimization. Limit states of base-isolated bridges re defined for superstructure isolator and pier respectively The method is applied to both base-isolated bridges and conventional bridges under the same conditions to investigate cost effectiveness of base isolation in low and moderate seismic region. the results show that base-isolation of bridges are more effective in low and moderate seismic region and that the site effects on the economical efficiency may not be negligible in such a region.

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Seismic effectiveness of tuned mass dampers in a life-cycle cost perspective

  • Matta, Emiliano
    • Earthquakes and Structures
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    • v.9 no.1
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    • pp.73-91
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    • 2015
  • The effectiveness of tuned mass dampers (TMDs) in reducing the seismic response of civil structures is still a debated issue. The few studies regarding TMDs on inelastic structures indicate that they would perform well under moderate earthquake loading, when the structure remains linear or weakly nonlinear, while tending to fail under severe ground shaking, when the structure experiences strong nonlinearities. TMD seismic efficiency should be therefore rationally assessed by considering to which extent moderate and severe earthquakes respectively contribute to the expected cost of damages and losses over the lifespan of the structure. In this paper, a method for evaluating, in a life-cycle cost (LCC) perspective, the seismic effectiveness of TMDs on inelastic building structures is presented and exemplified on the SAC LA 9-storey steel moment-resisting frame benchmark building. Results show that the LCC concept may provide an appropriate alternative to traditional performance criteria for the evaluation of the effectiveness of TMDs and that TMD installation on typical existing middle-rise buildings in high seismic hazard regions may significantly reduce building lifetime cost despite the poor control performance observed under the most severe seismic events.

A Study on the Life Cycle Cost Calculation of the Railroad Vehicle Based on the Maintenance Information (철도차량 유지보수정보를 이용한 수명주기비용 계산 연구)

  • Kim, Jae-Hoon;Jun, Hyun-Kyu;Park, Jun-Seo;Jeong, Hyun-Yong
    • Journal of the Korean Society for Railway
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    • v.12 no.1
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    • pp.88-94
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    • 2009
  • Life cycle costing is one of the most effective approaches for the cost analysis of long-life products such as the railroad vehicle. Life cycle costing includes the cost of concept design, development, manufacture, operation, maintenance and disposal. Especially, life cycle costing in the railroad industry has been focused on the maintenance cost. In this paper, the standard, guide and maintenance information of railroad vehicle were investigated, and the unique corrective and preventive maintenance templates of railroad vehicle were proposed. Maintenance cost of an auxiliary power supply system of EMU was predicted by using the proposed templates. The results show that the preventive maintenance, PM, cost is much higher compare to corrective maintenance, CM, cost because of daily and monthly maintenance tasks which require lots of labor work. It is expected that these templates can help railroad operators make maintenance strategies with consideration of the cost parameter.

Development of Bridge Management System for Next Generation based on Life-Cycle Cost and Performance (생애주기 비용 및 성능을 고려한 차세대 교량 유지관리기법 개발)

  • Park, Kyung-Hoon
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2007.11a
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    • pp.167-174
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    • 2007
  • This study proposes a practical and realistic method to establish an optimal lifetime maintenance strategy for deteriorating bridges by considering the life-cycle performance as well as the life-cycle cost. The proposed method offers a set of optimal tradeoff maintenance scenarios among other conflicting objectives, such as minimizing cost and maximizing performance. A genetic algorithm is used to generate a set of maintenance scenarios that is a multi-objective combinatorial optimization problem related to the and the life-cycle cost and performance as separate objective functions. A computer program, which generates optimal maintenance scenarios, was developed based on the proposed method. The subordinate relation between bridge members has been considered to decide optimal maintenance sequence. The developed program has been used to present a procedure for finding an optimal maintenance scenario for steel-girder bridges on the Korean National Road. Through this bridge maintenance scenario analysis, it is expected that the developed method and program can be effectively used to allow bridge managers an optimal maintenance strategy satisfying various constraints and requirements.

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Estimation of Optimum Maintenance Cycle for the Chloride Damaged RC Structure (염해를 입은 RC 구조물의 최적 보수주기 산정 기법에 관한 연구)

  • Yun, Sun-Young;Lee, Han-Seung
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2010.05a
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    • pp.235-236
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    • 2010
  • Since many structures in the sea environment are damaged by chloride, appropriate repair strategy is required. Therefore in the paper, optimum period for the RC structure's repair is calculated with consideration of economic efficiency. Moreover, when the concrete members are repaired with the other material such as polymer mortar forr section restoration, their expected service life also calculated to predict more accurate repair period during the life span.

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High Performance Fiber Reinforced Cement Composites in Construction Field (건설분야의 섬유강화 시멘트 복합 신재료)

  • Hong, Geon-Ho;Kim, Ki-Soo;Han, Bog-Kyu
    • Composites Research
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    • v.19 no.1
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    • pp.43-48
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    • 2006
  • High performance fiber reinforced cement composites have better performances than traditional cement based materials, therefore, have been expected as new construction applications such as the materials for construction & bridge structure, repair and rehabilitation applications, anti-collapse applications, anti-noise applications etc. However, they have lots of the problems such as material design, fabrication method and structural analysis. Also, the most serious problems of High performance fiber reinforced cement composites have been expensive initial cost, lack of long-term exposure data. As a result, it is needed that the efforts for lowering the initial cost and accumulation of long-term exposure. There has been hardly assessment results of life cycle cost for HPFRCC in construction field, but some papers showed that total life cycle cost could be profitable if the initial cost could be reduced.