• Journal of KIISE:Software and Applications
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• v.31 no.1
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• pp.20-28
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• 2004

Estimation of software project cost, effort, and duration in the early stage of software development cycle is a difficult and key problem in software engineering. Most of development effort and duration estimation models presented by regression model of simple relation function point vs. effort and effort vs. duration instead of considering developer's productivity. But different project have need for different effort according to developer's productivity if the projects are same software size. Also, different duration takes according to developer's productivity if the projects require the same effort. Therefore, models that take into account of productivity have a limited application in actual development project. This paper presents models that can be estimate the duration according to productivity in order to compensate a shortcoming of the previous models. Propose model that could presume development period by various methods based on productivity and compared models' performance. As a result of performance comparison, an estimating model of development period from software size got simple and most good result. The model gives decision-making information of development duration to project management in the early stage of software life cycle.

• KSCE Journal of Civil and Environmental Engineering Research
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• v.32 no.4D
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• pp.345-356
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• 2012

Road pavement requires repetitive maintenance works to maintain satisfactory service level to the public. However, the repetitive maintenance works upon deteriorated pavement structure make negative effects to deterioration speed. It often leads to inefficient use of limited budget. For that reason, the pavements require reconstruction work to recover their original performance. Recently, construction demands in the Korean national highway have already been reached to maximum level, and the aged pavements start to demand much more reconstruction works. However, in the real world, road agencies have often been confused when they determine maintenance design for such aged road sections due to budget constraint. It is because there is no reliable long-term maintenance strategy that supports their decision making. To support their decision making, this paper aimed to suggest the best maintenance strategy considering changing process of pavement performance by repetitive maintenance works. As an analysis method, probability distribution and hazard function to estimate the life expectancy were adopted, and then the results were used for long-term life cycle cost analysis with deterministic or Monte-Carlo method under various scenarios. As an empirical study, the Korean national highway data that has long-maintenance history data since 1986 has been applied. Last, this paper considered quality assurance of maintenance work to improve maintenance quality. These could be important information as a part of long-term maintenance strategy of pavement.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.39 no.4
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• pp.15-25
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• 2016

SCM activities in a company are considered as total innovation through synchronizing supply and demand while maintaining appropriate inventory level and reducing the business operating costs. Until now, even several researches are carried out on the SCM performance of the companies which have introduced and been operating SCM, the research on the cost analysis for the inventory which occurs frequently on supply chain is still insufficient. Especially, for the electronics industry in which the product depreciation is sharp caused by the short product life cycle and the complexity of distribution channels, even the inventory related costs are a major factor in business management, since the current estimated criteria of inventory costs are limited to the interest and maintenance management costs, the criteria do not reflect the total influence of the product depreciation and lost opportunity cost which are related to the business management. Furthermore, even though the rapid price drops of the distributor inventory caused by the frequent new model launch can be covered by the product manufacturers, the scale of total costs related to the inventory has not been conceived because the price compensation is traditionally considered as a market costs. In this research, we analyzed the inventory characteristics of electronics industry in which the price depreciation happens frequently, newly defining the estimated criteria of the product total inventory cost which includes price depreciation from the product manufacturers' view. Finally we focus on the case study of a representative electronics company and verify the scale of the influence on management performance.

• Korean Journal of Construction Engineering and Management
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• v.10 no.1
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• pp.45-57
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• 2009

BTL (Build-Transfer-Lease) Project for Education Facilities are contracted as a package which consists of several education facilities. The general maintenance period of BTL project for education facilities is 20 years. Thus, total cost variation largely depends on the accuracy of the maintenance cost forecasting in the early stage in the life cycle of the BTL Project. This research develops a cost forecasting system using complete linkage algorithm and branch & bound algorithm to help in finding optimal bundling combination. This system helps owner's decision-making to estimate the total project cost with various constraints changing. The result of this research suggests more reasonable and effective forecasting model for the maintenance facilities package in the BTL project.

• Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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• v.18 no.3
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• pp.156-162
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• 2004

In this paper, a technique that estimate the optimal capacity of the solar-wind hybrid power system for minimizing the total monthly electric power expenses is presented. The hybrid power system is assumed to be operated in connection with the utility power system and electric bill be paid for the power not covered by the hybrid system generation. Monthly generation cost is estimated based on total life-cycle cost analysis. The monthly utility power bill is assumed to be increased quadratically in proportion with the net utility power consumption which is the difference between the total monthly load minus the hybrid system generations. Test results demonstrate applications potential of the proposed technique.

• The Transactions of The Korean Institute of Electrical Engineers
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• v.65 no.6
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• pp.962-968
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• 2016

The large scaled lead-acid battery is widely used for efficient operation of the photovoltaic system in many islands. However, lithium-ion battery is now being introduced to mitigate the fluctuation of wind power and to replace lead-acid battery. Therefore, hybrid ESS(Energy Storage system) that combines lithium-ion battery with lead-acid battery is being required because lithium-ion battery is costly in present stage. Under this circumstance, this paper presents the optimal algorithm to create composition rate of hybrid ESS by considering fixed and variable costs in order to maximize advantage of each battery. With minimization of total cost including fixed and variable costs, the optimal composition rate can be calculated based on the various scenarios such as load variation, life cycle and cost trend. From simulation results, it is confirmed that the proposed algorithms are an effective tool to produce a optimal composition rate.

• International conference on construction engineering and project management
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• 2009.05a
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• pp.1113-1116
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• 2009

The attempt to use a 3D model each field such as design, structure, construction, facilities, and estimation in the construction project has recently increased more and more while BIM (Building Information Modeling) that manages the process of generating and managing building data has risen during life cycle of a construction project. While the 2D Drawing based work of each field is achieved in the already existing construction project, the BIM based construction project aims at accomplishing 3D model based work of each field efficiently. Accordingly, the solution that fits 3D model based work of each field and supports plans in order to efficiently accomplish the relevant work is demanded. The estimation, one of the fields of the construction project, has applied BIM to calculate quantity and cost of the building materials used to construction works after taking off building quantity information from the 3D model by a item for a Quantity Take-off grouping the materials relevant to a 3D object. A 3D based estimation program has been commonly used in abroad advanced countries using BIM. The program can only calculate quantity related to one 3D object. In other words, it doesn't support the take-off process considering quantity of a contiguous object. In case of temporary materials used in the frame construction, there are instances where quantity is different by the contiguous object. For example, the formwork of the temporary materials quantity is changed by dimensions of the contiguous object because formwork of temporary materials goes through the quantity take-off process that deduces quantity of the connected object when different objects are connected. A worker can compulsorily adjust quantity so as to recognize the different object connected to the contiguous object and deduces quantity, but it mainly causes the confusion of work because it must complexly consider quantity of other materials related to the object besides. Therefore, this study is to propose the solution that automates the formwork 3D modeling to efficiently accomplish the quantity take-off of formwork by preventing the confusion of the work which is caused by the quantity deduction process between the contiguous object and the connected object.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.17 no.9
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• pp.533-542
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• 2016

The periodic maintenance of bridges is necessary once they have been constructed and its cost depends on various factors, such as their condition, environmental conditions and so on. To make a decision support system, it is essential to establish a basic reconstruction cost model. In this study, a regression model is suggested for calculating the reconstruction cost for typical cases and influential factors, depending on the type of bridge and its components, by analyzing the basic bridge specifications based on the data of the Bridge Management System (BMS). The details for each case were estimated in consideration of the cost calculation variables. The details for each case were estimated in consideration of the cost calculation variables. The cost model for the new construction of the superstructure, substructure and foundation and the temporary bridge construction and demolition costs were drawn from the regression analysis of the estimation results of typical cases according to the cost calculation variables. The reconstruction costs for different types of bridge were obtained using the cost model and compared with those in the literature. The cost model developed herein is expected to be utilized effectively in maintenance decision making.

• Proceedings of the Korean Geotechical Society Conference
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• 2008.10a
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• pp.508-518
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• 2008

Reliability and sensitivity analysis of the design parameters for a section of caisson type quaywall which is the most applicable in Korea were performed. It was tried to estimate probabilities of failure for the system of the multiple failure modes and to analyze LCC in the quaywall structure. The reliability analysis was performed by FORM. Also, sensitivity indices were estimated using the reliability indices, which may be used inferring effects of each design parameter on the reliability indices. As a result, the coefficient of friction between caisson and rubble, the moment by self weight and the moment of resistance mostly affected on the reliability indices in the sliding, overturning and foundation failure, respectively. System reliability theorem was applied in order to estimate the probabilities of failure for the system of the multiple failure modes. As the results of estimation of the probabilities of failure for the system, all cases were more conservative than those for the elements, according to both failure mode and load combination applied to series system. It entirely exceeded the target reliability index, but it was consistent with the theorem. According to the optimum LCC with the width of the caisson, the probability of failure exceeded the target probability of failure at then time. Therefore, it was judged to be insufficient to the practical application.

• Journal of Electrical Engineering and Technology
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• v.11 no.4
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• pp.869-877
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• 2016

Necessity has compelled man to improve upon the art of tapping wind energy for power generation; an apt reliever of strain exerted on the non-renewable fossil fuel. The power generation in a Wind Farm (WF) depends on site and wind velocity which varies with time and season which in turn determine wind power modeling. It implies, the development of an accurate wind speed model to predict wind power fluctuations at a particular site is significant. In this paper, Box-Jenkins ARIMA (Auto Regressive Integrated Moving Average) time series model for wind speed is developed for a 99MW wind farm in the southern region of India. Because of the uncertainty in wind power developed, the economic viability and reliability of power generation is significant. Life Cycle Costing (LCC) method is used to determine the economic viability of WF generated power. Reliability models of WF are developed with the help of load curve of the utility grid and Capacity Outage Probability Table (COPT). ARIMA wind speed model is used for developing COPT. The values of annual reliability indices and variations of risk index of the WF with system peak load are calculated. Such reliability models of large WF can be used in generation system planning.