• Title/Summary/Keyword: cost variance index

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A Standard Section-Based Approximate Cost Estimating Model on Tunnel (II) - Cost Variance Index Table and Test - (표준단면을 이용한 터널 공사비 예측모델 개발 (II) - 공사비 변동 모델 및 검증 -)

  • Cho, Jeongyeon;Kim, Sang-Kwi;Kim, Kyoungmin;Kim, Kyong Ju
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.28 no.5D
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    • pp.677-684
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    • 2008
  • The paper provides an approximate cost estimating model that can be used for tunnel. Based on the previous study analyzed critical factors that have impact on tunnel construction cost, this paper establishes a cost variance index table that reflects the cost impacts due to the change of the critical cost factors. An estimating procedure is described utilizing the index table. For the verification of the suggested model, the comparison of the estimated construction cost with real project cost is performed. The estimated results range from 95%~111% of the real project costs. As an approximate tunnel cost estimating model, the model can be utilized to quickly estimate tunnel construction costs based on the conceptual information at the planning stage and to efficiently make a decision on design alternatives.

Development and Application of Process Incapability Index including Capability Analysis of Inspection or Gage System (검사/계측시스템의 능력분석을 포함한 비공정능력지수의 개발과 적용)

  • 민성진;김계완;류정현;윤덕균
    • Journal of Korean Society for Quality Management
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    • v.30 no.1
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    • pp.118-132
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    • 2002
  • This paper presents a process incapability index to provide manager with various information of process and to reduce cost. The introduced process incapability indices indicate information about mean and variance of manufacturing process and variance of inspection process to evaluate process capability using ratio of variance and difference between target and mean to specification. This model can be used by the scale of six sigma management.

Design of Generalized Minimum Variance Controllers for Nonlinear Systems

  • Grimble Michael J.
    • International Journal of Control, Automation, and Systems
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    • v.4 no.3
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    • pp.281-292
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    • 2006
  • The design and implementation of Generalized Minimum Variance control laws for nonlinear multivariable systems that can include severe nonlinearities is considered. The quadratic cost index minimised involves dynamically weighted error and nonlinear control signal costing terms. The aim here is to show the controller obtained is simple to design and implement. The features of the control law are explored. The controller obtained includes an internal model of the process and in one form is a nonlinear version of the Smith Predictor.

Tunnel Cost Estimating Model Based on Standard Section and Cost Variance Index (I) - Analysis Of Critical Cost Factors - (표준단면을 이용한 터널 공사비 예측모델 개발 (I) - 공사비 영향요인 분석 -)

  • Cho, Jeongyeon;Kim, Kyong Ju;Kim, Kyoungmin;Kim, Sang Kwi
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.28 no.5D
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    • pp.665-675
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    • 2008
  • The objective of this paper is to provide an approximate cost estimating model for tunnel that can be utilized both in quick construction cost estimating for design alternatives, and in evaluating efficiently the cost effects according to the environmental changes during design and construction stage. To meet this requirement, this study analyzes critical cost factors influencing tunnel construction costs. The cost factors include 7 elements such as rock drilling method, advancing method, type of detonator, loader capacity, unit weight and soil volume change factor, length of tunnel. This paper investigates the cost variance according to the change of the cost factors. The result is expected to be used in formulating approximate tunnel cost estimating model.

Development of Earned Value Management System by Using Visualization Index and WBS Map (시각화 지표 및 좌표식 정보분류체계에 의한 공정.공사비 통합관리시스템 개발)

  • Lee, Woo-Sik;Kang, Leen-Seok;Park, Seo-Young
    • Korean Journal of Construction Engineering and Management
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    • v.10 no.1
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    • pp.26-35
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    • 2009
  • Work breakdown structure (WBS) can be used as an information center in earned value management system (EVMS) for the construction project. Because EVMS results, such as schedule variance and cost variance, are analyzed for the selected WBS code, the role of WBS code is important in EVMS. This study suggests a methodology for organizing WBS map with a quadrant. It can represent the project organization collectively by work level in a coordinate system. And the study developed an EVMS tool based on the WBS map and this tool can visualize various attribute indexes of EVMS by color symbols. Those methodologies can be used for improving practical application of EVMS.

An Improved Process Incapability Index for the Evaluation of Process Capability (공정능력의 평가를 위한 개선된 비공정능력지수)

  • Shin, Kyung-seok;Kim, Seong-Jip;Kang, Chang-wook
    • Journal of Korean Society for Quality Management
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    • v.24 no.4
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    • pp.90-102
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    • 1996
  • Process incapability index which is intended to evaluate the process capability by measuring process incapability provides more detailed information by dividing information about the process mean and variance. But when the target value is not consistent with the center of specification, it is very difficult to evaluate the process capability accurately. Thus it is necessary to improve the existing process incapability index. The improved process incapability index can identify the variation of the process faster than other process capability indices when applied firstly, to the precision process which can be affected sensitively by the change of the process, secondly, to the ordinary process where cost difference from the change of process is noticeable. By using subindices such as inaccuracy index and imprecision index, it is easier for quality manager to find where the cause of the variation of process is, and to take necessary action in advance.

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A Maintenance Model Applying Loss Function Based on the Cpm+ in the Process Mean Shift Problem in Which the Production Volume Decreases (생산량이 감소하는 공정평균이동 문제에서 Cpm+ 기준의 손실함수를 적용한 보전모형)

  • Lee, Do-Kyung
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.44 no.1
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    • pp.45-50
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    • 2021
  • Machines and facilities are physically or chemically degenerated by continuous usage. The representative type of the degeneration is the wearing of tools, which results in the process mean shift. According to the increasing wear level, non-conforming products cost and quality loss cost are increasing simultaneously. Therefore, a preventive maintenance is necessary at some point. The problem of determining the maintenance period (or wear limit) which minimizes the total cost is called the 'process mean shift problem'. The total cost includes three items: maintenance cost (or adjustment cost), non-conforming cost due to the non-conforming products, and quality loss cost due to the difference between the process target value and the product characteristic value among the conforming products. In this study, we set the production volume as a decreasing function rather than a constant. Also we treat the process variance as a function to the increasing wear rather than a constant. To the quality loss function, we adopted the Cpm+, which is the left and right asymmetric process capability index based on the process target value. These can more reflect the production site. In this study, we presented a more extensive maintenance model compared to previous studies, by integrating the items mentioned above. The objective equation of this model is the total cost per unit wear. The determining variables are the wear limit and the initial process setting position that minimize the objective equation.

Developing drilling rate index prediction: A comparative study of RVR-IWO and RVR-SFL models for rock excavation projects

  • Hadi Fattahi;Nasim Bayat
    • Geomechanics and Engineering
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    • v.36 no.2
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    • pp.111-119
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    • 2024
  • In the realm of rock excavation projects, precise estimation of the drilling rate index stands as a pivotal factor in strategic planning and cost assessment. This study introduces and evaluates two pioneering computational intelligence models designed for the prognostication of the drilling rate index, a pivotal parameter with direct implications for cost estimation in rock excavation projects. These models, denoted as the Relevance Vector Regression (RVR) optimized with the Invasive Weed Optimization algorithm (IWO) (RVR-IWO model) and the RVR integrated with the Shuffled Frog Leaping algorithm (SFL) (RVR-SFL model), represent a groundbreaking approach to forecasting drilling rate index. The RVR-IWO and RVR-SFL models were meticulously devised to harness the capabilities of computational intelligence and optimization techniques for drilling rate index estimation. This research pioneers the integration of IWO and SFL with RVR, constituting an unprecedented effort in forecasting drilling rate index. The primary objective of this study was to gauge the precision and dependability of these models in forecasting the drilling rate index, revealing significant distinctions between the two. In terms of predictive precision, the RVR-IWO model emerged as the superior choice when compared to the RVR-SFL model, underscoring the remarkable efficacy of the Invasive Weed Optimization algorithm. The RVR-IWO model delivered noteworthy results, boasting a Variance Account for (VAF) of 0.8406, a Mean Squared Error (MSE) of 0.0114, and a Squared Correlation Coefficient (R2) of 0.9315. On the contrary, the RVR-SFL model exhibited slightly lower precision, yielding an MSE of 0.0160, a VAF of 0.8205, and an R2 of 0.9120. These findings serve to highlight the potential of the RVR-IWO model as a formidable instrument for drilling rate index prediction, particularly within the framework of rock excavation projects. This research not only makes a significant contribution to the realm of drilling engineering but also underscores the broader adaptability of the RVR-IWO model in tackling an array of challenges within the domain of rock engineering. Ultimately, this study advances the comprehension of drilling rate index estimation and imparts valuable insights into the practical implementation of computational intelligence methodologies within the realm of engineering projects.

Multilevel Analysis of Factors Related to Cost and Length of Stay in Acute Myocardial Infarction Patients with Coronary Stenting: Based on Korean National Health Insurance Service's Customized Database in 2010 and 2015 (관상동맥 스텐트를 삽입한 급성 심근경색 환자의 진료비 및 재원일수 관련 요인에 대한 다수준분석: 2010년과 2015년 국민건강보험공단 맞춤형 데이터베이스 자료를 바탕으로)

  • Choi, Boyoung;Lee, Hae-Jong
    • Health Policy and Management
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    • v.30 no.3
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    • pp.418-429
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    • 2020
  • Background: This study aims to analyze the cost and the length of stay (LOS) of acute myocardial infarction (AMI) patients with coronary artery stenting according to the characteristics of individuals and institutions. Methods: The data was collected from Korean National Health Insurance Service's customized database in 2010 and 2015. Chi-square test, t-test, analysis of variance, and multilevel analysis were performed. Results: The intraclass correlation coefficients for cost were 7.02% in 2010, 5.61% in 2015 and for LOS were 3.17%, 1.40%, respectively. The average costs were 9,067,000 won in 2010 and 9,889,000 won in 2015 (p<0.0001). However, the cost in 2015 was lower than the cost applying increased fee. The costs increased in aged 50-59 years, 60-69 years, and aged ≥70 years versus in aged under 49 years. The cost was higher in Charlson comorbidity index (CCI) 3 to 4 and ≥5 than in CCI 0. The costs were lower in male, medical aid recipients, metropolises, and local hospitals in other regions in 2010. LOS decreased from 8.1 days in 2010 to 7.4 days in 2015. It decreased in male, high income group, and the group of admission via emergency room. However, it increased in higher ages and medical aid recipients, and it also increased when CCI rose. The Internal Herfindahl Index was related to LOS in 2010. Conclusion: The variation of hospital level was small compared to the patient level. Therefore, it is important to implement applicable policies at the patient level in order to reduce cost and LOS of AMI patients.

An Adaptive Garbage Collection Policy for NAND Flash Memory (낸드 플래시 메모리를 위한 적응형 가비지 컬렉션 정책)

  • Han, Gyu-Tae;Kim, Sung-Jo
    • Journal of KIISE:Computing Practices and Letters
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    • v.15 no.5
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    • pp.322-330
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    • 2009
  • In order to utilize NAND flash memory as storage media which does not allow update-in-place and limits the number of block erase count, various garbage collection policies supporting wear-leveling have been investigated. Conventional garbage collection policies require cleaning-index calculation for the entire blocks to choose a block to be garbage-collected to support wear-leveling whenever a garbage collection is required, which results in performance degradation of system. This paper proposes a garbage collection policy which supports wear-leveling using a threshold value, which is in fact a variance of erase counts and by the maximum erase count of all blocks, without calculating the cleaning-index. During garbage collection, the erase cost is minimized by using the Greedy Policy if the variance is less than the threshold value. It achieves wear-leveling by excluding the block with the largest erase count from erase target blocks if the variance is larger than threshold value. The proposed scheme shows that a standard deviation approaches to zero as the erase count of blocks approaches to its upper limit and the measured speed of garbage collection is two times faster than the conventional schemes.