• Title/Summary/Keyword: economic cycle

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Development and Application of the Spare-parts Cost Estimating Relationships (수리부속비 비용추정식 개발과 활용방안)

  • Ryu, Min-Kyu;Lee, Yong-Bok;Kang, Sung-Jin
    • Journal of the Korea Institute of Military Science and Technology
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    • v.13 no.4
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    • pp.601-611
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    • 2010
  • Currently, a life cycle cost estimates(LCCE) is the most important factor in weapon system acquisition process. However, operation and maintenance(O&M) cost related studies are insufficient from the previous literature survey. O&M cost consists of various cost factors such a man power, maintenance and direct & indirect support costs. We have known that spare-parts cost is a key factor in the O&M cost. In this paper, we developed the spare-parts cost estimating relationships(CERs) of fixed-wing aircraft and armored vehicle weapon systems which include 4 historical cost drivers ; system acquisition cost, deterioration rate, localization rate, mission characteristic. Furthermore, we proposed the application methodologies that O&M cost estimating, total life cycle cost estimating and determination of the economic life using the spare-parts CERs.

Fuel Cycle Analysis of Heavy Water-Moderated Reactor System

  • Paik, In-Kul;Kim, Jin-Soo;Lee, Chang-Kun;Chung, Chang-Hyun;Kim, Chang-Hyo
    • Nuclear Engineering and Technology
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    • v.9 no.1
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    • pp.15-31
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    • 1977
  • New conception of batch and period is defined appropriate for the on-power refuelling scheme of a heavy water-moderated reactor, A computer code (“HWRCOST”) is developed using nuclear fuel cycle economic equations based on the continuous energy calculation method. The fuel cycle cost of the CANDU-PHW reactor is calculated and sensitivity analyses are performed with variation of uranium ore price, fabrication cost, spent fuel permanent disposal expenses, and capacity fctor.

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A NEXT GENERATION SODIUM-COOLED FAST REACTOR CONCEPT AND ITS R&D PROGRAM

  • Ichimiya, Masakazu;Mizuno, Tomoyasu;Kotake, Shoji
    • Nuclear Engineering and Technology
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    • v.39 no.3
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    • pp.171-186
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    • 2007
  • Critical issues in the development targets for the future fast reactor(FR) cycle system, including sodium-cooled FR were to ensure safety assurance, efficient utilization of resources, reduction of environmental burden, assurance of nuclear non-proliferation, and economic competitiveness. A promising design concept of sodium-cooled fast reactor JSFR is proposed aiming at fully satisfaction of the development targets for the next generation nuclear energy system. A roadmap toward JSFR commercialization is described, to be followed up in a new framework of the Fast reactor Cycle Technology development(FaCT) Project launched in 2006.

A Study of the PDCA and CAPD Economic Designs of the $\bar{x}$ Control Chart

  • Sun, Jing;Tsubaki, Michiko;Matsui, Masayuki
    • Industrial Engineering and Management Systems
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    • v.6 no.1
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    • pp.11-21
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    • 2007
  • The PDCA (Plan, Do, Check and Act) cycle is often used in the field of quality management. Recently, business environments have become more competitive, and the due time of products has shortened. In a short production run process, to increase efficiency of management, the necessity for distinguishing the PDCA design that starts with PLAN and the CAPD design that starts with CHECK has been clarified. Starting from Duncan (1956), there have been a number of papers dealing with the economic design of control charts from the viewpoint of production run. Some authors (Gibra, 1971; Ladany and Bedi, 1976; etc.) have studied the economic design for finite-length runs; other authors (Crowder, 1992; Del Castillo and Montgomery, 1996; etc.) have studied the economic design for short runs. However, neither the PDCA nor the CAPD design of control charts has been considered. In this paper, both the PDCA and CAPD designs of the $\bar{\x}$ chart are defined based on Del Castillo and Montgomery's design (1996), and their mathematical formulations are shown. Then from an economic viewpoint, the optimal values of the sample size per each sampling, control limits width, and the sampling interval of the two designs are studied. Finally, by numerically analyzing the relations between the key parameters and the total expected cost per unit time, the comparisons between the two designs are considered in detail.

A Study on Rent burden and Family Economic Problem Perception - Focus on Seoul City's Rental Households - (서울시 임차가계의 임대료부담과 가계경제문제지각)

  • Lee, Kee-Choon;Bae, Soon-Young
    • Journal of Families and Better Life
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    • v.9 no.1 s.17
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    • pp.241-257
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    • 1991
  • The objectives of this study are : to measure the level of rent burden. to examine the independent influences of the variables related to rent burden. to measure the level of family economic problem perception. to examine the differences in the level of family economic problem perception due to rent burden, household characteristics, housing characteristics and rent incresing. For these purpose, a survey is conducted using questionaires. The data used in this study included 369 renters living in Seoul. Statistics uses for data analysis were Frequency Distribution. Percentile, men, Pearson's Correlation, Partial Correlation, One-way ANOVA, Breakdown and Multiple Regression Analysis. Major findings are as follows : The average score of rent burden was 35.87, Therefore rent burden of large cities, rental households is very heavy. Family income, housing facility quality, rent type, and rent incresing have independent influences on rent burden. The average of family economic problem perception is above the mid-point of the scale. The level of family economic problem perception differs due to rent burden, family income, family life cycle, family size, occupation of household head, education leval of household head and homemaker, rent type, housing type, housing size, housing facility quality and rent increases. If the level of rent burden is below 25, family economic problem perception is adequate.

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The Role of Economic Cluster Perspectives in Regional Economic Development

  • Haak, Robert;Vora, Gautam;Walsh, Steven T.;White, Craig G.
    • World Technopolis Review
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    • v.3 no.1
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    • pp.17-29
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    • 2014
  • The importance of science and technology as the root of exceptional regional economic development has been extolled since the time of Schumpeter. Today emerging technologies are signaling the start of a new economic cycle where regions that are effective in technology translation will gain advantage. The will of policymakers to translate technology into regional job and wealth creation seems to be at an all-time high. Yet an improved process for translating technical development into regional prosperity has proved elusive. If there are no processes other than applying techniques that have worked in the past for other regions to a new region then there is cause for concern. Here the authors seek to add to this field of knowledge by applying elements of the varied cluster theories to provide a basis for policy for regional economic development by turning science and technology into commercial innovation. We provide a review of current cluster theories and discuss the positive and negative issues associated with each. We propose a model that allows interested professionals to utilize aspects of each cluster perspective geared to the realities of their specific area.

AN EOQ MODEL FOR DETERIORATING INVENTORY WITH ALTERNATING DEMAND RATES

  • A.K. Pal;B. Mabdal
    • Journal of applied mathematics & informatics
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    • v.4 no.2
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    • pp.457-468
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    • 1997
  • The present paper deals with an economic order quan-tity model for items deteriorating at some constant rate with demand changing at a known and at a random point of time in the fixed pro-duction cycle.

Economic Analysis of a Residential Ground-Source Heat Pump System (단독주택용 지열원 열펌프 시스템의 경제성 분석)

  • Sohn, Byong-Hu;Kang, Shin-Hyung;Lim, Hyo-Jae
    • New & Renewable Energy
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    • v.3 no.4
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    • pp.31-37
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    • 2007
  • Because of their low operating and maintaining costs, ground-source heat pump(GSHP) systems are an increasingly popular choice for providing heating, cooling and water heating to public and commercial buildings. Despite these advantages and the growing awareness, GSHP systems to residential sectors have not been adopted in Korea until recently. A feasibility study of a residential GSHP system was therefore conducted using the traditional life cycle cost(LCC) analysis within the current electricity price framework and potential scenarios of that framework. As a result, when the current residential electricity costs for running the GSHP system are applied, the GSHP system has weak competitiveness to conventional HV AC systems considered. However, when the operating costs are calculated in the modified price frameworks of electricity, the residential GSHP system has the lower LCC than the existing cooling and heating equipments. The calculation results also show that the residential GSHP system has lower annual prime energy consumption and total pollutant emissions than the alternative HVAC systems considered in this work.

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