• Journal of the Korean Society for Railway
• /
• v.19 no.1
• /
• pp.77-86
• /
• 2016

Before urban railway vehicles reach their design life-span, operating agencies should determine when to buy new vehicles. Previous LCC (Life Cycle Cost) studies were limited because they independently focused on existing vehicles based on costs that directly impacted only the operating agency without considering effects such as social costs and the reduction of maintenance costs. Thus, it is difficult to systematically determine when to buy new vehicles. This study investigated the operating and maintenance related costs, especially from additional expenses and social costs due to unexpected vehicle failures and safety accidents, and did an economic analysis of scenarios with different discount rates. Considering that the public is very concerned about safety after the Sewol ferry accident, additional costs, which include social costs, should be included in the analysis. This study shows that the economic priority of scenarios may change depending on whether those costs are included and on the discount rate. The results of this study can help in the decision-making process for the planning and buying of new trains.

• Proceedings of the Korean Society of Agricultural Engineers Conference
• /
• 2003.10a
• /
• pp.359-362
• /
• 2003

This research deriving the lifetime distribution function of embank as one of main components in reservoir was carried out by mining the data of precise safety diagnosis in 1995 to 2001 as one of researches that were performed for determining the propriety for making item at design for planning and considering optimal maintenance strategy for service life through acquiring the system function of reservoir as main resource for irrigation and analyzing the life cycle cost of it.

• Journal of Families and Better Life
• /
• v.15 no.1
• /
• pp.53-70
• /
• 1997

The purpose of this study was to (1) assess the perceived needs of the married women for financial management education and (2) to identify individual and family variables that influence needs on each content of financial management education. Data were collected from questionaires with 603 married women who were residents of jeonju. The major findings were as follows; (1) The level of financial management education needs were high. (2) The priority order on each content perceived by the married women was 'saving' 'insurance' 'housing' 'tax' 'expenditure planning' and 'debt management & credit' (3) The needs on contents area of the married women group classified by characteristics were significant according to age education level job family life cycle monthly family income asset and financial need variables.

• Journal of the Korea Society for Simulation
• /
• v.18 no.4
• /
• pp.67-79
• /
• 2009

Because a product in the car industry has a short life cycle in recent years, the process planning and the manufacturing lines have to be changed frequently. Most of time, repositioning an existing facility and modifying used control information are faster than making completely new process planning. However, control information and control code such as PLC code are difficult to understand. Hence, industries prefer writing a new control code instead of using the existing complex one. It shows the lack of information reusability in the existing process planning. As a result, to reduce this redundancy and lack of reusability, we propose a SOS-Net modeling method. SOS-Net is a standard methodology used to describe control information. It is based on the Device Structure which consists of sensor information derived from device hardware information. Thus, SOS-Net can describe a real control state for automated manufacturing systems. The SOS-Net model is easy to understand and can be converted into PLC Code easily. It also enables to modify control information, thus increases the reusability of the new process planning. Proposed model in this paper plays an intermediary role between the process planning and PLC code generation. It can reduce the process planning and implementation time as well as cost.

• Korean Institute of Interior Design Journal
• /
• v.21 no.3
• /
• pp.103-110
• /
• 2012

Interior Coordination is the activity of making characteristic living space by planning and harmonizing various interior elements. In modern society, the taste and needs of the residents are getting varied and segmented, and the role of interior coordination is getting more important because that reflects cultural codes and trends and satisfies residents' needs. This study aims to investigate awareness and needs about interior coordination targeting apartment residents, and to provide fundamental data that could attribute to the planning of unique and diverse residential spaces. Methods of study include the literature research and the empirical study. Elements of interior coordination were extracted through the literature review, and the questionnaire was developed using these elements. And then a survey was carried out targeting apartment residents of Busan. The result shows that most of the residents were much interested in interior coordination, and they recognized it's importance. They wanted to plan and select the elements by themselves, but were passive in actual execution because of the difficulties in execution methods and economical conditions. There were certain differences between the styles of their own houses and the preferred styles, but they did not try actively to reconcile the differences. Therefore, various methods of interior coordination should be developed and proposed which are easy and effective for actual execution, and various media should be provided by which residents could easily get informations on design elements. Also, the concept and method of interior coordination should be considered from the very first stage of residential planning, and the replacement and modification of interior coordination could be easily done according to the change of life cycle and life styles.

• Korean Journal of Construction Engineering and Management
• /
• v.19 no.5
• /
• pp.3-9
• /
• 2018

Although Life Cycle Cost (LCC) must be evaluated by experts, sometimes it may not allow a sufficient time for even the experienced LCC expert to make rational decisions. Therefore, it often ends with relatively comparing the final numbers. We have broken down 110 technical proposals that are actually bade and accepted for large construction projects, and then have analyzed the uncertainty of Maintenance and Energy (M&E) cost during building life cycle, which turns out be the most volatile factor in uncertainty of LCC. Also we suggest "Value Engineering Index (VEI)" - the reduced M&E cost that is normalized by the reduced first cost. It is analyzed that the most uncertain factors of the M&E cost include repair and replacement term differing from each project, duplicated repair and replacement, non-standard repair items, and site-specific energy cost. Eventually we propose a VEI population with a mean of 1.38 and a standard deviation of 1.19, which is obtained by individually and exclusively applying the uncertain factors of the M&E cost to the 35 standard sample of technical proposals. The LCC evaluators may be able to use the VEI population as the benchmark to select the technical proposal with the most reasonable LCC among many others in two suggested manners; the one is to deterministically calculate the probability of single VEIs, and the other is to stochastically calculate the probability of the VEIs where uncertainty is quantified.

• Proceedings of the Korean Institute Of Construction Engineering and Management
• /
• 2006.11a
• /
• pp.384-389
• /
• 2006

The needs for Light Railroad Transit(LRT) have been increased due to the heavy traffic congestions in large cities like Seoul, Korea. Korean government is seeking the LRT system development (including planning, designing, construction, and maintenance and operations) in terms of public-private-partnership (PPP). At the private sector side, it is crucial to estimate the life cycle cost (LCC) to project the cash flow during the O&M period. Since the most construction and O&M cost of LRT project is at the bridge construction, a cost analysis model and a cost breakdown structures (CBS) on LRT bridges are discussed through in depth literature reviews. Construction and maintenance cost of bridges are collected and analyzed. LCC is analyzed by types of bridge superstructures and historical data of repair and rehabilitation (R&R) is investigated. There have been scarce number of LCC analysis on railway bridges. This research delivers a well-defined CBS and maintenance cost data, which will be a great benefit to the systematic maintenance strategy development for railroad bridges.

• Korean Journal of Construction Engineering and Management
• /
• v.12 no.3
• /
• pp.31-41
• /
• 2011

The $LCCO_2$ evaluation programs previously developed in Korea involve limitations in establishing strategies of reducing environmental loads to optimal level in a way to put in materials directly after designing. Therefore, this study has the purpose to extract and propose elements required for the establishment of highly accurate system by counteracting swiftly in a method with high energy efficiency over cost at planning stage. To that end, existing $LCCO_2$ evaluation programs in Korea and abroad were compared and analyzed, and in the planning stage, GEM-21P and Carbon-navigator intended for the establishment of building energy performance improving strategy were selected as the evaluation program for survey. On such basis, after comparison and analysis between $LCCO_2$ calculating methods and system structures of the two programs, elements required for system establishment that can evaluate life-cycle environmental loads of building in planning stage were proposed.

• Korean Journal of Construction Engineering and Management
• /
• v.17 no.1
• /
• pp.48-55
• /
• 2016

Risk management is an important element for successful management of overseas construction projects. This study reports a case study in which we proposed a risk management planning and procedure for plant construction which can be applied throughout the project life cycle. We analyzed the risk management practices of Korean construction companies by applying the concept of the PRINCE2 method developed in the UK, and proposed a risk management planning and procedure with organizational structure and working process. The suggested risk management planning and procedure was applied to an overseas plant construction project, and produced good results. It is believed that the procedure suggested here can also be aplied to other companies to enhance the competency in the global construction market.

• Journal of the Korea Academia-Industrial cooperation Society
• /
• v.17 no.6
• /
• pp.157-165
• /
• 2016

Among high-tech products, the mobile phone has experienced a rapid rate of innovation and a shortening of its product life cycle. The shortened product life cycle poses major challenges to those involved in the creation of forecasting methods fundamental to strategic management and planning systems. This study examined whether the best model applies to the entire diffusion life span of a mobile phone. Mobile phone sales data from a specific mobile service provider in Korea from March of 2013 to August of 2014 were analyzed to compare the performance of two S-shaped diffusion models and two non-linear regression models, the Gompertz, logistic, Michaelis-Menten, and logarithmic models. The experimental results indicated that the logistic model outperforms the other three models over the fitted region of the diffusion. For forecasting, the logistic model outperformed the Gompertz model for the period prior to diffusion saturation, whereas the Gompertz model was superior after saturation approaches. This analysis may help those estimate the potential mobile phone market size and perform inventory and order management of mobile phones.