• Title/Summary/Keyword: Life Cycle Costing (LCC)

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Development of Life Cycle Cost Estimation Software on the Aspect of Maintenance Strategies (유지보수관점에서의 수명주기비용예측 소프트웨어 개발)

  • Jun, Hyun-Kyu;Kim, Jae-Hoon;Kim, Jong-Woon;Park, Jun-Seo
    • Proceedings of the KSR Conference
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    • 2007.11a
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    • pp.777-783
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    • 2007
  • Life cycle costing is one of the most effective cost approaches when we choose a solution from series of alternative so the least long-term cost ownership is achieved. Life cycle costing in railway industry has been focused on the prediction of investment for railway vehicles. But in today, the life cycle cost, LCC, prediction on the aspect of operation and maintenance cost through whole life cycle is highly necessary. In this paper, we present a strategy for the development of life cycle cost estimation software on the aspect of maintenance strategies of railway vehicle. For this purpose, we suggested a structure of LCC software based on the UNIFE LCC model. And we developed a pilot version of software to evaluate the LCC model that we suggested for railway vehicle. We performed LCC analysis on the brake module of metro vehicle in case study and concluded that the software and model developed in this research could enough to support engineers in choosing better cost effective solutions from many alternatives.

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설비의 Life Cycle Costing(LCC$\cdot$생애비용계산)특징과 그 중요성에 관하여

  • 판본계일랑
    • 월간 기계설비
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    • s.13
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    • pp.139-146
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    • 1991
  • 설비는 초기에 드는 코스트보다는 운전비, 유지비, 수선비, 갱신비, 일반관리비 등 사용하고부터의 코스트가 상당히 많고 또한 건축물에 비해 그 수명이 짧아서 건축물의 수명중 $2\sim3$번식은 갱신할 필요가 있는 것이 특징이다. 건축물의 LCC(Life Cycle Costing)등에서 설비(특히 공조설비)가 차지하는 비중은 가장크다. 따라서 건축물의 LCC로 건축물의 코스트를 검토하는 경우는 설비를 최우선 (특히 운전비, 유지비, 내구성을 중심)으로 생각해야 한다.

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Analysis of Life-Cycle Cost for Urban Transit System using RAM (RAM을 고려한 도시철도시스템의 수명주기비용 분석)

  • Han, Seok-Youn;Hong, Soon-Ki;Ha, Chen-Soo
    • IE interfaces
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    • v.18 no.4
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    • pp.477-484
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    • 2005
  • This paper is concerned with the life-cycle cost(LCC) of the urban transit system which was developed by KRRI and is now under test in Gyeongsan, Korea. Its reliability, availability and maintainability(RAM) were analyzed. LCC is the core part of analyzing the total cost of acquisition and ownership of a system. LCC analysis of a system is the most effective when it is applied in the it's early design phase. In this paper, we present IEC 60300-3-3(Life Cycle Costing) in detail and propose how to apply LCC in assessing the urban transit system according to RAM process. This case study demonstrates that reliability management system is very effective in reducing the operating cost of subway corporations in Korea.

A Study on Selection of Roof Waterproofing Method by analyzing Life Cycle Costing (LCC 평가를 통한 지붕방수공법선정에 관한 연구)

  • Choi, Oh-Young;Kim, Tae-Hui;Kim, Gwang-Hee
    • Journal of the Korea Institute of Building Construction
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    • v.8 no.5
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    • pp.127-134
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    • 2008
  • The purpose of this study is to propose the decision making technique in roof waterproofing method at the early construction stage. Selecting the suitable construction method is difficult because of the complex interrelationships between many factors of influencing the construction method selection. This study presents an example of selecting suitable method by analyzing LCC (Life Cycle Cost) in roof waterproofing work. In this study, roof waterproofing method is analyzed by LCC(Life Cycle Cost) which is consists of the initial costs, running costs, and removal costs. Sheet waterproofing, membrane waterproofing and asphalt waterproofing costs are compared to select the most economic method. The result of this study revealed that considering LCC is useful in selecting the proper method in the construction work.

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.

Exploring Capabilities of BIM Tools for Housing Refurbishment in the UK

  • Kim, Ki Pyung;Park, Kenneth S
    • Journal of KIBIM
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    • v.6 no.4
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    • pp.9-17
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    • 2016
  • Currently whole-house refurbishment for substantial energy efficiency improvement of existing housing stock is needed to achieve the targeted 80% CO2 emission reduction. As whole-house refurbishment requires a larger capital investment for lower CO2 emission, the simultaneous use of Life Cycle Costing (LCC) and Life Cycle Assessment (LCA) methodologies are recommended to generate affordable refurbishment solutions. However, two methodologies are difficult to use due to a lack of proper LCC and LCA datasets. As a response to the current problems, many researchers explore potentials in Building Information Modelling (BIM) to improve current construction practice. As a result, a BIM tool - IES IMPACT (Integrated Material Profile And Costing Tool) - has been introduced to the UK construction industry for simultaneous calculation of LCC and LCA. Thus, this research aims at examining the capability and limitation of the IES VE/IMPACT as a BIM tool for whole-house refurbishment. This research reveals that the IES VE/IMPACT is feasible for whole-house refurbishment by providing LCC and LCA information simultaneously for informed decision on refurbishment solution selection. This research shed lights on the current problems lying on the data exchange between two different BIM tools. It is revealed that additional efforts from construction professionals and industry are required to make reliable BIM objects library with LCC and LCA datasets.

A Study on the Development of Life Cycle Cost Analysis Methodology in HVAC system for Decision Maker (의사 결정자를 위한 HVAC 시스템의 LCC 분석 방법론 개발에 관한 연구)

  • Jung, Soon-Sung
    • Journal of the Korean Solar Energy Society
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    • v.24 no.4
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    • pp.55-63
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    • 2004
  • The purpose of this study is to development of life cycle cost analysis methodology of HVAC system for decision maker. The results of this study are as follows; maintenance/management, equipment construction, planning/design, and demolition/sell phases (1) To develop the cost breakdown structure for LCC in HVAC system, this study apply the method of additional pertinent level, title, CBS number, block number and variable index. (2) LCC analysis order of HVAC system compose four phase. (3) Life cycle costing influence diagram can bring us to make the most efficient decision through a visual graphical diagram that is shown relationship among variables and that decision maker traces easily from life cycle cost analysis situation.

The Life Cycle Cost Estimation for Domestic Products Motor Block of KTX-1 Considering Periodic Maintenance (유지보수정보 주기를 고려한 KTX-1 모터블럭 개발품의 수명주기비용 예측)

  • Yun, Cha-Jung;Noh, Myoung-Gyu;Kim, Jae-Moon
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.62 no.2
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    • pp.288-292
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    • 2013
  • This paper presents the result of life-cycle cost (LCC) estimation for domestic products propulsion control system (motor block unit) of KTX-1 considering periodic maintenance. Life cycle costing is one of the most effective approaches for the cost analysis of long-life systems such as the KTX-1. Life cycle costing includes the cost of concept design, development, manufacture, operation, maintenance and disposal. To estimate LCC for domestic products motor block unit, it was analyzed physical breakdown structure (PBS) on motor unit in view of maintenance cost and unit cost etc. As a results, life cycle cost on motor block unit increased moderately expect for periodical time when major parts are replaced at the same time. hereafter this results will be reflected in the domestic products being developed.

The Life Cycle Cost Estimation using the Maintenance Information of a Propulsion Control System in the High Speed Train(KTX-1) (고속철도차량(KTX-1) 추진제어장치의 유지보수정보를 이용한 수명주기비용 예측)

  • Kim, Jae-Moon;Yun, Cha-Jung;Kim, Yang-Su;Jang, Jin-Yeong;Lee, Jong-Seong
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.60 no.11
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    • pp.2176-2181
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    • 2011
  • This paper estimates the life cycle cost(LCC) of a propulsion control system using the maintenance information in the high speed train(KTX-1). Life cycle costing is one of the most effective approaches for the cost analysis of long-life systems such as the KTX-1. Until now, most life cycle cost of the system has been studied as a whole system viewpoint. But in case of railway industry, LCC studies are needed on the subsystem like a propulsion control system because subsystems are developed continuously localization. This paper proposes the life cycle cost model which fitted to estimate life cycle cost (LCC) using maintenance information manual. As a result, LCC on propulsion control system increased moderately expect for periodical time when major parts are replaced at the same time. Results will be reflected in the development of domestic products.

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.