• Journal of the Korea institute for structural maintenance and inspection
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• v.11 no.5
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• pp.160-170
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• 2007

This study predicts Life Cycle Cost of RC Slab bridge case in maintenance and operation level and calculated economic efficiency by the avoidable costs of a bridge. This result of the study can be summarized as follow: (1) LCC analysis model on the bridge case is suggested. (2) Maintenance and operation level of a bridge have been divided, and LCC of the bridge case has been predicted at current maintenance and operation level and required maintenance and operation level. (3) Reduction costs is predicted by LCC of the bridge case, and its economic efficiency is calculated.

• Korean Journal of Construction Engineering and Management
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• v.6 no.6 s.28
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• pp.133-141
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• 2005

In the resent years, the importance of VE (value engineering) and LCC (life cycle cost) analysis for apartment building construction projects has been fully recognized. Accordingly theoretical models, guidelines, and supporting software systems were developed for the value engineering and life cycle cost analysis for construction management including large building systems. However, the level of consensus on VE and LCC analysis results is still low due to the lack of reliable data on maintenance. This paper presents time dependent LCC model based value analysis method for rational investment decision making and design alternative selection for construction of apartment building. The proposed method incorporates a time dependent LCC model and a performance evaluation technique by fuzzy logic theory to properly handle the uncertainties associated with statistics data and to analyze the value of alternatives more rationally. The presented time dependent VE and LCC analysis procedure were applied to a real world project, and this case study is discussed in the paper. The model and the procedure presented in this study can greatly contribute to design value engineering alternative selection, the estimation of the life cycle cost, and the allocation of budget for apartment building construction projects.

• Journal of the Korean Society for Railway
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• v.18 no.1
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• pp.81-86
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• 2015

Assets are an essential part of a railway financial position and income state. The Railway industry, SOC, has characteristics of possessing vast tangible assets and incurring vast asset-related-costs. For higher liquidity and profitability, the railway industry need more active asset management. Since 2011, IFRS has its changed accounting method for tangible assets, this has subsequently affected asset management. As the railway industry has a high portion of tangible assets, the accounting method for tangible assets is very important. This paper analyzes the newly adopted accounting method for tangible assets and proposes LCC for effective asset management.

• Journal of the Korea Institute of Building Construction
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• v.13 no.4
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• pp.321-332
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• 2013

Costs and expenses are intertwined and incurred throughout an entire construction project, even from the pre-construction phase, and each phase has a different impact on the life cycle cost (LCC). However, the cost breakdown structure (CBS) is different in each phase of a building construction project, which makes it hard to reasonably calculate construction cost. For this reason, the boundary conditions were analyzed in this study based on the life cycle cost break structure (LCCBS). In addition, breakdown factors were analyzed based on the boundary conditions to derive a linkage method. The validity of the linkage method was verified through application to actual construction projects. Through the analysis, it was found that the problem of items being left out was reduced by more than 97.2 percent, and the work was done an average of 6 hours faster compared to the conventional method. It is expected that by applying the new LCC system, LCC will be both reduced and calculated in a more efficient manner.

• Korean Journal of Construction Engineering and Management
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• v.10 no.6
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• pp.40-47
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• 2009

The lightweight bubble mixture soil is used for soft ground rear-filling material by applying reduced weight on structure. However, comparing with the general soil, it is not applied in domestic because of initial phase cost of construction. General soil, which has lower initial phase cost is usually used for rear-filling, but the use of overlay method of general soil is reduced as the number of layers increases. Especially box structure placed in soft ground or the overlay method when gap near pier rear-filling can be replaced with temporary alternative method, however, it can't be a solution to gap by generation of extra weight of thickness of overlaying. Therefore, execute LCC analysis of two alternative-the general and the lightweight bubble mixture soils, which are rear-filling material of box structure- and present economical analysis in order to make resonable decision from the economics. As a result, although the lightweight bubble mixture soil takes higher initial phase cost than the general soil, it has been analyzed to procure economical efficiency by having less cost of maintenance.

• Journal of Environmental Policy
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• v.10 no.4
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• pp.39-59
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• 2011

In this article, I would like to analyze the conditions in applying the LCC method for each construction type by selecting 10 apartment complexes among the Turn-key projects which have been ongoing for the last 5 years. In addition, this article will identify the problems to the application of double landscape architecture and suggest improvement measures. Among the 10 case targets, a total of 151 LCC analyses were conducted, and the average application ratio placing for each construction type was shown in the following order: architecture (34.4%)> electricity (21.2%)>machine (18.5%)>civil engineering (13.2%)>landscape architecture (12.6%). As numbers show, landscape architecture was the lowest. The ratio of LCC reduction amount was shown in the following order: machine (32.1%)> architecture (23.9%)>electricity (23.4%)>civil engineering (17.5%)>landscape architecture (3.1%). The field of landscape architecture had a reduction amount that was about 5 to 6 times lower than civil engineering which had a similar number of LCC analysis cases. The total LCC analysis items of landscape architecture was 19, including 15 double packing material, 1 building covering, 1 grass planting, 1 planting infrastructure, and 1 facility. The following measures were suggested to promote LCC analysis in landscape architecture: first, set an analysis item that considers the construction expense ratio of landscape architecture; second, legal regulation of landscape architecture and expansion of its application; third, prepare VE/LCC standards which are suitable for landscape architecture.

• Proceedings of the KSR Conference
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• 2011.05a
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• pp.1134-1141
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• 2011

Costs have long since become a major issue in railway system analysis, attention is not limited to the acquisition costs alone, but encompasses all costs involved in the use and disposal of the systems. Concepts such as Life Cycle Cost(LCC), Costs Of Ownership(COO), or Total Ownership Cost(TOC) are more and more frequent in any document dealing with system analysis. Most of railway projects have applied this LCC Model to evaluate effectiveness of system acquisition cost. But these action of LCC model does not applied all the rest of system life cycle period due to the differences of its responsibility. This is why a study has been undertaken by the operation party to harmonize the most important aspects of the LCC model. This study focused on these and other objectives for introduction of method and needs for an action plan for maintenance actions involved relevant cost allocation.

• Korean Chemical Engineering Research
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• v.46 no.6
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• pp.1135-1141
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• 2008

The $La_{1-x}(Ca\;or\;Sr)xCrO_3$(x=0 and 0.25) interconnect materials for high temperature electrolysis of steam were investigated in views of sinterability and electrical conductivity. $LaCrO_3$, $La_{0.75}Ca_{0.25}CrO_3$ (LCC), and $La_{0.75}Sr_{0.25}CrO_3$ (LSC) powders were synthesized by coprecipitation method. Crystal structure was confirmed by X-ray diffraction (XRD). The sintering characteristics were analyzed by relative density and scanning electron microscopy. The electrical conductivity was measured by a DC four probe method. From the analyses of relative densities, it was found that the doped $LaCrO_3$ showed better sinterability than $LaCrO_3$ and the those sinterability increased with decrease of those particle sizes. The XRD results at different sintering temperatures for LCC and LSC revealed that the sinterability is closely related to the second phase transformation, that is, the second phase melting above $1,300^{\circ}C$ for LCC and $1,400^{\circ}C$ for LSC significantly promotes the sinterability. In case of electrical conductivities of LCC and LSC, which had a similar relative density, LCC showed better electrical conductivity than LSC.

• Proceedings of the KSR Conference
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• 2009.05a
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• pp.636-642
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• 2009

The application of LCC-techniques is being introduced at the on-going procurement programs of various techniques. LCC-techniques have the common characteristic that all are designed to motivate contractors to design, manufacture and deliver equipment with lower life cycle costs. You may believe that savings may be in the acquisition cost component of life cycle costs. However, primary emphasis is generally on reducing and controlling operating and support costs by transferring more responsibility to the contractor for equipment operating and support cost performance. It has been found that life cycle cost procurement provisions must be individually tailored to each program. In this study, the currently identified LCC procurement techniques including a variety of LCC incentive provisions are introduced. Moreover, verification method, a procedural issue and incentive to application of LCC-techniques are examined.

• Proceedings of the Computational Structural Engineering Institute Conference
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• 2001.04a
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• pp.128-136
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• 2001

This paper presents an optimum deck and girder system design for minimizing the life-cycle cost (LU) of steel box girder bridges. The problem of optimum LCC design of steel box girder 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 crack. To demonstrate the effect of LCC optimum design of steel box girder bridges, the LCC optimum design is compared with conventional design method for steel box girder bridges design. From the numerical investigations, it may be positively stated that the optimum design of steel box girder bridges based on LCC will lead to more rational, economical and safer design.