• Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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• v.27 no.11
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• pp.7-13
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• 2013

There has been a need for the systematic evaluation of the economic efficiency between conventional fluorescent lamp lighting systems that have been used in tunnels and LED lighting systems. This study has evaluated basic tunnel lighting between the conventional fluorescent lighting systems and the LED lighting system using the evaluation tool of tunnel lighting by Life Cycle Cost (LCC) and using the economic efficiency evaluation method. In addition, the unit discount rate of the LED lighting system and the estimated increase in the price of electricity have made the estimated cost of LCC the same if two luminaires were used in the basic part of the tunnel.

• Journal of the Earthquake Engineering Society of Korea
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• v.9 no.2 s.42
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• pp.17-27
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• 2005

This paper presents an integrated optimum design and a cost effectiveness evaluation method of a viscoelastically damped structural system. The criterion selected for the optimization is the minimization of the life?cycle cost which is a function of structural sizing variables and the amount of the viscoelastic damper. A genetic algorithm is used as a numerical searching technique in order to simultaneously find the optimum parameters of the integrated system. Optimal distributions of design variables according to various seismic characteristics are investigated by applying the proposed design method to a numerical example of a 10?story building structure. The cost effectiveness of viscoelastically damped structural system is also evaluated by comparing the life-cycle cost of the structure without viscoelastic dampers. The results show that the viscoelastic damper is effective in a region of low to moderate seismicity.

• Proceedings of the KSR Conference
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• 2004.10a
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• pp.551-556
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• 2004

The deterioration of a shunting locomotive was characterized for the lifetime assessment. The locomotive has been used for shunting works in steel making processes, and in this investigation, various types of technical evaluation methods for the locomotive parts were employed to assess the current deterioration status and to provide important clue for lifetime prediction. Unlike other rolling stocks in railway applications, the diesel shunting locomotive is composed of major components such as diesel engine, transmission, gear box, brake system, electronic devices, etc., which cover more than 70 percent of the total price of the locomotive. Therefore, in this paper, each part of major components in the diesel locomotive was analyzed in terms of the degree of deterioration. The life-cycle-cost (LCC) analysis was performed based on the maintenance and repair history as compared with economical cost to provide the cost-effective prediction, i.e., to assess either repair for reuse or putting the locomotive out of service based on cost-effective calculation.

• International Journal of High-Rise Buildings
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• v.10 no.1
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• pp.29-34
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• 2021

Vertical greenery has become an important technological means to improve the ecological environment condition in urban high-density areas, especially in central areas of Chinese cities. The cost of vertical greenery has significantly increased both in the decision-making process of architectural design and in the assessment of the sustainability potential of urban complexes. The estimation and evaluation of the cost of vertical greenery have become important obstacles to multi-party investment in the construction of vertical greenery. Considering the factors of the building typology and full life-cycle cost, this paper constructs an assessment model of vertical greenery in seven types in urban complex, and suggests an optimized approach to vertical greenery in an urban complex.

• IE interfaces
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• v.14 no.2
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• pp.205-209
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• 2001

The number of tunnel has fast increased with the rapid expansion of highway network. Tunnel should be designed to provide for drivers both safety and pleasant driving conditions. In this perspective, the design for tunnel lightning is very important in order to provide its safety, pleasantness, and cost-efficienty of maintenance, all of which should be considered and analyzed for a better tunnel lighting. This paper attempts to compare the low-pressure sodium lamp, which has usually been used for tunnel lighting, with the fluorescent lamp, which we consider as an alternative for the former. In an effort to determine the number of lamps to meet the required illuminance in the tunnel, this research employs a simulation technique which would allow us to conjecture, with the aid of basic model, the life cycle cost for illumination per each tunnel. This analysis is expected to provide a basic method and related information for tunnel development and design.

• 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.

• Journal of Korean Society for Quality Management
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• v.51 no.4
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• pp.481-496
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• 2023

Purpose: The main theme of this study is to derive a profit curve by a cubic cost function for nonlinear CVP analysis. According to the analytical approach to derive a nonlinear profit function in this study, it is possible with only the existing cost structure to calculate the profit maximization and downtime point sales unlike the classical CVP analysis. Furthermore, the profit curve by the mathematical model of this study could serve as a tool to quantify the qualitative evaluation of each stage of the industry life cycle. Methods: This study followed the mathematical approach from the cubic cost function model of microeconomics, and using real data of the Bank of Korea Results: The nonlinear profit function suggested by this study is as follows; ${\pi}(x)=-a\left(x-\frac{f}{1-v}\right)^3+(1-v)x-k$ where $a=\frac{1}{3}v\left(\frac{(1-v)}{f}\right)^2,k=f-a\left(1-\frac{f}{1-v \right)^3$ Conclusion: The process and results of this study would be able to contribute not only in practice of nonlinear CVP analysis required in the management accounting or financial management, but also in cost theory of microeconomics. Also, since the life cycle of all industries in Korea was verified to the growth or mature stage, decision makers should pay careful attention to determining life cycle stages and consider the profit curve by the average variable cost ratio over multi periods.

• Journal of Korean Institute of Industrial Engineers
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• v.34 no.4
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• pp.386-397
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• 2008

Due to the rapid advancement of technologies, a growing number of innovative products with a short life-cycle have been introduced to the market. As the life-cycles of such products are shorter than those of durable goods, the demand variation during the life-cycle adds to the difficulty of inventory management. Traditional inventory planning models and techniques mostly deal with products that have long life-cycles. The assumptions on the demand pattern and subsequent solution approaches are generally, not suitable for dealing with products with short life-cycles. In this research, inventory replenishment problems based on the logistic demand model are formulated and solved to facilitate the management of products with short life-cycles. An extended Wagner- Whitin approach is used to determine the replenishment cycle, schedules and lot-sizes.

• Journal of the military operations research society of Korea
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• v.30 no.1
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• pp.168-188
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• 2004

Integrated Logistic Support (ILS) is a management and technical process whereby all the diverse elements needed to fully operate, maintain, and totally support a materiel system in the field are identified, developed, and deployed simultaneously and on an equal priority with the item of materiel being supported. The test and evaluation (T＆E)of ILS act the important role of reduction of life-cycle cost and keeping of good performance for weapon system. In this article, we suggest the alternatives for improvement in the test and evaluation of ILS during weapon system acquisition. It is hoped that this research is valuable and beneficial to persons related weapon system acquisition, in order to maximize the efficiency of defense acquisition management by reducing the life-cycle cost and enhancing the quality of weapon system.

• 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.