• Proceedings of the KSR Conference
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• 2005.05a
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• pp.849-855
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• 2005

Railway fields are complicatedly connected with engineering such as physics, civil engineering, architecture engineering, electrical engineering (Telecommunication, signal, catenary, system), machine engineering and performance phase of project in domestic railway can be divided with four steps : planning, design, supervision, construction. Value Engineering is needed to reduce the cost of long period construction duration and periodically maintenance. Currently, railway design is difficult to act optimum design due to limited time, short of manpower, downsized of design company. therefore, VE concept in Design must require In order to solve this problem. it is called Design Management. This paper presents both item of design management and total design management tool of practical aspects, and describes LCC (Life Cycle Cost) analyze process and accomplishment process for applying VE concept

• Journal of the Korea Safety Management & Science
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• v.2 no.3
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• pp.37-46
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• 2000

A company needs low cost and high efficient S/W tools to improve the white color productivity in daily operation, These needs may be satisfied by end-user knowledge management system to be suggested in this paper. We suggest that the end-user knowledge management is not made by specialized developer but directly made by end-users of some related managers using company-wide DB and department DB. We expect that this end-user knowledge management system will increase the efficiency of end-user daily operation and minimize the total life cycle cost of end-user computing system in industry. The suggested end-user knowledge management system has been tested in some companies through the training course.

• Journal of the Korean Institute of Educational Facilities
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• v.15 no.3
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• pp.4-16
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• 2008

BTL(Build-Transfer-Lease) Project for Education Facilities is contracted as a package which consists of several education facilities and its maintenance period 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 Projects. This research develops a method using complete linkage algorithm and branch & bound algorithm to help in finding optimal bundling combination. The result of this research suggests more reasonable and effective forecasting method for the maintenance bundle in BTL projects.

• Proceedings of the KIEE Conference
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• 2003.11a
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• pp.348-350
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• 2003

본 논문에서는 태양광-풍력 복합발전시스템의 발전용량 예측을 통한 시스템 시설투자비 및 발전단가와 경제성에 대하여 분석한다. 도시지역의 일사량 및 풍속 데이터를 기초로 하여 복합발전시스템의 일일 발전량을 구하고, 수용가의 일일부하패턴과 수요부하를 고려하여 태양전지 어레이와 풍력발전기의 용량을 산정한다. 그리고 용량 산정에 따른 복합발전시스템의 초기투자비용과 연간 발전량, 연간 소요경비 등의 요소를 고려하여 총 수명가 분석법(Total Life-Cycle Cost Analysis)에 기초한 발전단가를 계산하고 잉여전력을 계통에 판매할 경우의 경제성을 평가한다.

• Journal of the Korean Institute of Landscape Architecture
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• v.42 no.5
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• pp.101-109
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• 2014

In order to save costs and enhance quality in construction without damaging the environment, the VE/LCC analysis method is increasingly used. This study was carried out to conduct a value analysis for the ecological restoration of a slope considering life cycle cost and performance. The construction conditions were classified into three types(A, B, C) according to the condition of each base. Three construction methods for slope ecological restoration were selected by each condition. Eventually, a value analysis was conducted for total nine conditions by analyzing the life cycle cost and performance. The gradient of slope and base of Condition 1 were below 1:1.2 and general soil, while condition 2 and 3 were below 1:1.0(reaping rock) and below 1:0.7(soft rock, blasted rock), respectively. A value analysis was conducted based on the value estimated via life cycle cost and performance analysis. The result showed that the B construction method had the highest value in Condition 1 as it showed 108.4, while A and C showed 90.3 and 45.8, respectively. When it comes to Condition 2, Construction Method A indicated the highest value as it showed 89.1(B: 47.5, C: 47.0). In Condition 3, Construction Method A(89.1) was the highest, while B and C showed 55.4 and 40.2, respectively. Based on the result of this study, in order to make a reasonable decision that can enhance quality and reduce costs in slope ecological restoration, the slope ecological restoration method must be reviewed in consideration of life cycle cost and performance.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.17 no.1
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• pp.274-283
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• 2016

The study of maintenance planning is important in military weapon systems because it can improve their availability and reduce the operational and maintenance cost during the total life cycle. In maintenance planning, it is important to determine the preventive maintenance task and its optimal interval. This paper focuses on the hard time task, which is one of the preventive maintenance tasks. A hard time task removes an item or restorative action before some specified maximum age limit to prevent functional failure. The Monte-Carlo simulation model was proposed to help understand the cost effectiveness of a hard time task. In the simulation, various shape parameters of the Weibull distribution and cost ratio of corrective maintenance to preventive maintenance were assumed. Using a Monte-Carlo simulation, a quantified cost saving effect and optimal preventive maintenance interval were suggested.

• Journal of the military operations research society of Korea
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• v.36 no.2
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• pp.107-124
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• 2010

In order to estimate the life cycle expense of the weapon system acquisition from the first demand planning phase until the last disuse phase, we apply the reliable expense analysis method to the current situation in Korea by using the sensitivity analysis. We estimate the total cost of the weapon system acquisition by focusing on the most important variables such as exchange rate, and hence by strengthening the function of the existing expense analysis method, which is used to be simply recognized as a tool of cost reduction. Therefore, this study could make a contribution to the literature in this area, in terms of deriving the most cost-efficient method of acquisition by comparing the various estimated costs that result from the different alternatives of the weapon system acquisition.

• Journal of Ocean Engineering and Technology
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• v.34 no.5
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• pp.342-350
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• 2020

In this study, a hydrate inhibition system is investigated for shallow water gas fields. Mono-ethylene glycol (MEG) injection has been used as a typical method for inhibiting hydrate formation in gas fields; therefore, most offshore platforms are equipped with MEG injection and regeneration processes. A recent application of a kinetic hydrate inhibitor (KHI) has reduced the total volume of MEG injection and hence reduce the operating cost. Experiments are designed and performed to evaluate and verify the KHI performance for inhibiting hydrate formation under shallow water conditions. However, the shut-in and restart operation may require the injection and regeneration of MEG. For this operation, the MEG concentration must be optimized while considering the cost of MEG regeneration. The obtained results suggest that decreasing MEG concentration from 80 wt% to 70 wt% can reduce the life cycle cost (LCC) of MEG regeneration process by approximately 5.98 million USD owing to reduced distillation column cost. These results suggest that the hydrate inhibition system must be evaluated through well-designed experiments and process simulations involving LCC analysis.

• Journal of Korea Water Resources Association
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• v.42 no.9
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• pp.759-771
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• 2009

The electricity cost of pumping system accounts for a large part of the total operating cost for long distance water supply networks. This study presents a method based on dynamic programming for establishing an joint optimal operation of pumps and storages system on a hourly basis. Analysis is taken of the relative efficiencies of the available pumps, the structure of the electricity tariff, the consumer-demand pattern, and the storage characteristics and operational constraints of the pipe. The possible system objectives and constraints are described. An application of the method to the existing Yangju Water Supply System consisted of two pump station and 5 storage pools under the condition of expanding pumping facility in the part of the Capital Area Water Supply System is presented, showing that considerable electricity cost savings are remarkable. The approach was found to be implementable in real system operation and large-scale water supply system design in respect of minimizing life-cycle total cost.

• Proceedings of the KIEE Conference
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• 2008.10c
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• pp.223-225
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• 2008

In order to apply SFCLs into electric power systems, the urgent issues to be settled are as follows, such as initial installation price, operation and maintenance cost due to ac loss of superconductor and the life of cryostat, and high voltage and high current problems. We designed novel hybrid SFCLs which combine superconductor and conventional electric equipments including a vacuum interrupter, an electro-magnetic contactor and a current limiting reactor. The main purpose of the hybrid SFCL is to drastically reduce total usage of superconductor by adopting current commutation method by use of the superconductor and the fast switch. According to protective coordination and performance, we investigated two concepts of Hybrid SFCLs. First is a half cycle fault current limitation type and second is a non-half cycle fault current limitation type. We concluded that the non-half cycle fault current limitation type is batter than the other.