• Title/Summary/Keyword: Cost analysis

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An Analysis on Cost Factor Reduction of Life Cycle for High Speed Train(KTX-1) Based on the Maintenance Information (유지보수정보를 활용한 고속철도차량(KTX-1) 수명주기비용 요소절감 분석)

  • Kim, Jae-Moon;Kim, Yang-Su;Chang, Chin-Young;Lee, Jong-Sung
    • Proceedings of the KIEE Conference
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    • 2011.07a
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    • pp.2169-2170
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    • 2011
  • This paper presents about the analysis on cost factor reduction using the life cycle cost model for motor block in the KTX-1. Until now, most life cycle cost of the system as a whole that has been studied. but in case of railway industry part, LCC studies are needed on the subsystem like a propulsion control system because subsystems are developed continuously localization. Therefore, In this paper presents cost breakdown structure for life cycle cost (LCC) estimation for localization development of propulsion control system (Motor Block) in high speed railway vehicle (KTX-1). Also to analysis LCC on motor block, it was analyzed physical breakdown structure (PBS) and preventive cost on propulsion control system in view of maintenance cost. Based on this, we describe life cycle cost on motor block of KTX-1.

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A Study on Developing a CER Using Production Cost Data in Korean Maneuver Weapon System (한국형 기동무기체계 양산비 비용추정관계식 개발에 관한 연구)

  • Lee, Doo-Hyun;Kim, Gak-Gyu
    • Journal of the Korean Operations Research and Management Science Society
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    • v.39 no.3
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    • pp.51-61
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    • 2014
  • In this paper, we deal with developing a cost estimation relationships (CER) for Korean maneuverable weapons systems using historical production cost. To develop the CER, we collected the historical data of the production cost of four tanks and five armored vehicles. We also analyzed the Required Operational Capability (ROC) of the weapons systems and chose cost drivers that can compare operational capabilities of the weapons systems We used Forward selection, Backward selection, Stepwise Regression and $R^2$ selection as the cost drivers which have the greatest influence with the dependent variables. And we used Principle Component Regression, Robust Regression and Weighted Regression to deal with multicollinearity and outlier among the data to develop a more appropriate CER. As a result, we were able to develop a production cost CER for Korean maneuverable weapons systems that have the lowest cost errors. Thus, this research is meaningful in terms of developing a CER based on Korean original cost data without foreign data and these methods will contribute to developing a Korean cost analysis program in the future.

ANALYSIS AND IMPROVEMENT OF FINISHING WORK PROCESS FOR COST MANAGEMENT (FOCUSED ON INDOOR FINISHING WORK OF APARTMENT)

  • Hoon-Ku Lee;Yoon-sun Lee;Ja-Young Yoon;Jae-Jun Kim
    • International conference on construction engineering and project management
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    • 2007.03a
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    • pp.711-720
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    • 2007
  • Apartment housing in the Korean domestic construction industry has had various and high-quality finishing work since the enforcement of price deregulation in 1998. Before the enforcement of price deregulation, feasibility studies of housing projects have not had particular difficulties as uniform description of finishing work items were reflected and finishing work cost also was equalized. However, the recent distinction of finishing work based on the same floor plan brings about project cost variation, along with many effects on construction management due to project cost increment. Accordingly, this paper suggests the improved plan of cost management to control the feasibility study result consistently during the life cycle of a project through an analysis based on cost management phase due to cost blackout, appearing at the commencement of a project, cost gradation caused by high-quality finishing work item, and cost reduction due to the degradation of finishing work after analysis of current apartment construction process focused on finishing work using the IDEF process analysis technique.

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The evaluation of cost-of-illness due to use of cost-of-illness-based chemicals

  • Hong, Jiyeon;Lee, Yongjin;Lee, Geonwoo;Lee, Hanseul;Yang, Jiyeon
    • Environmental Analysis Health and Toxicology
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    • v.30 no.sup
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    • pp.6.1-6.4
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    • 2015
  • Objectives This study is conducted to estimate the cost paid by the public suffering from disease possibly caused by chemical and to examine the effect on public health. Methods Cost-benefit analysis is an important factor in analysis and decision-making and is an important policy decision tool in many countries. Cost-of-illness (COI), a kind of scale-based analysis method, estimates the potential value lost as a result of illness as a monetary unit and calculates the cost in terms of direct, indirect and psychological costs. This study estimates direct medical costs, transportation fees for hospitalization and outpatient treatment, and nursing fees through a number of patients suffering from disease caused by chemicals in order to analyze COI, taking into account the cost of productivity loss as an indirect cost. Results The total yearly cost of the diseases studied in 2012 is calculated as 77 million Korean won (KRW) per person. The direct and indirect costs being 52 million KRW and 23 million KRW, respectively. Within the total cost of illness, mental and behavioral disability costs amounted to 16 million KRW, relevant blood immunological parameters costs were 7.4 million KRW, and disease of the nervous system costs were 6.7 million KRW. Conclusions This study reports on a survey conducted by experts regarding diseases possibly caused by chemicals and estimates the cost for the general public. The results can be used to formulate a basic report for a social-economic evaluation of the permitted use of chemicals and limits of usage.

Research on RAM-C-based Cost Estimation Methods for the Supply of Military Depot Maintenance PBL Project (군직 창정비 수리부속 보급 PBL 사업을 위한 RAM-C 기반 비용 예측 방안 연구)

  • Junho Park;Chie Hoon Song
    • Journal of the Korean Society of Industry Convergence
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    • v.26 no.5
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    • pp.855-866
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    • 2023
  • With the rapid advancement and sophistication of defense weapon systems, the government, military, and the defense industry have conducted various innovative attempts to improve the efficiency of post-logistics support(PLS). The Ministry of Defense has mandated RAM-C(Reliability, Availability, and Maintainability-Cost) analysis as a requirement according to revised Total Life Cycle System Management Code of Practice in May 2022. Especially, for the project budget forecast of new PBL(Performance Based Logistics) business contacts, RAM-C is recognized as an obligatory factor. However, relevant entities have not officially provided guidelines or manuals for RAM-C analysis, and each defense contractor conducts RAM-C analysis with different standards and methods to win PBL-related business contract. Hence, this study aims to contribute to the generalization of the analysis procedure by presenting a cost analysis case based on RAM-C for the supply of military depot maintenance PBL project. This study presents formulas and procedures to determine requirements of military depot maintenance PBL project for repair parts supply. Moreover, a sensitivity analysis was conducted to find the optimal cost/utilization ratio. During the process, a correlation was found between supply delay and total cost of ownership as well as between cost variability and utilization rate. The analysis results are expected to provide an important basis for the conceptualization of the cost analysis for the supply of military depot maintenance PBL project and are capable of proposing the optimal utilization rate in relation to cost.

System model reduction by weighted component cost analysis

  • Kim, Jae-Hoon;Skelton, Robert-E.
    • 제어로봇시스템학회:학술대회논문집
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    • 1993.10b
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    • pp.524-529
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    • 1993
  • Component Cost Analysis considers any given system driven by a white noise process as an interconnection of different components, and assigns a metric called "component cost" to each component. These component costs measure the contribution of each component to a predefined quadratic cost function. One possible use of component costs is for model reduction by deleting those components that have the smallest component cost. The theory of Component Cost Analysis is extended to include finite-bandwidth colored noises. The results also apply when actuators have dynamics of their own. When the dynamics of this input are added to the plant, which is to be reduced by CCA, the algorithm for model reduction process will be called Weighted Component Cost Analysis (WCCA). Closed-form analytical expressions of component costs for continuous time case, are also derived for a mechanical system described by its modal data. This is very useful to compute the modal costs of very high order systems beyond Lyapunov solvable dimension. A numerical example for NASA's MINIMAST system is presented.presented.

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A Study on the Life Cycle Cost Analysis of Railroad Bridges (철도교량의 생애주기비용분석에 관한 연구)

  • Park Mi-Yun;Na Ok-Pin;Hwang Young-Min;Kim Dae-Young;Cho Hyo-Nam
    • Proceedings of the KSR Conference
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    • 2005.05a
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    • pp.574-580
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    • 2005
  • Recently, the number of bridges and tunnels in railway is increasing due to the super high-speedy of train. Also, because of successively accidents of civil structures such as bridges and dams, the importance of maintenance become influential. The purpose of this study is to show the probabilistic life cycle cost analysis technique(PLCC) of the railroad bridge as pubic-infrastructures, and reasonably to indicate the economy in life cycle cost(LCC) through a case study. Rationally for life cycle cost analysis, the data gathered through many materials considered the uncertainty such as covariance. As a result, it is indicated that prestressed concrete bridge is pretty more cost-effective during life-cycle than preflex as well as steel box bridge. In future, if the construction of database and maintenance materials for railroad infrastructure is actualized, the life cycle cost analysis for railroad can be conducted easily and practically.

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A Case Study on Sensitivity Analysis of KHP Total Ownership Cost (KHP 총소유비용의 민감도 분석 사례 연구)

  • Byun, Hyung-Kyun;Lee, Sang-Woo;Kwon, Moon-Won;Kim, Joo-Kyun;Choi, Young-Hwan
    • Journal of Applied Reliability
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    • v.11 no.2
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    • pp.187-212
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    • 2011
  • KHP project sets total ownership cost as the target cost by applying CAIV and administrates total ownership cost through compromise analysis, a periodical estimate and management of design alternatives for each development. Based on expected cost results, sensibility of total ownership cost is analyzed complying with the change of reliability, availability, maintainability and other related factors. By considering potential total ownership cost saving methods, first of all, this paper identifies total ownership cost changing effects for each related factor, secondly, suggests total ownership cost and maintenance and operating cost saving methods via finding components that affect total ownership cost and lastly, suggests total ownership cost saving directions that may be applied to other projects in the future.

An Analysis of Cost Driver in Software Cost Model by Neural Network System

  • Kim, Dong-Hwa
    • 제어로봇시스템학회:학술대회논문집
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    • 2000.10a
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    • pp.377-377
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    • 2000
  • Current software cost estimation models, such as the 1951 COCOMO, its 1987 Ada COCOMO update, is composed of nonlinear models, such as product attributes, computer attributes, personnel attributes, project attributes, effort-multiplier cost drivers, and have been experiencing increasing difficulties in estimating the costs of software developed to new lift cycle processes and capabilities. The COCOMO II is developed fur new forms against the current software cost estimation models. This paper provides a case-based analysis result of the cost driver in the software cost models, such as COCOMO and COCOMO 2.0 by fuzzy and neural network.

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A Study on the Benefit cost Analysis of the Safety Cost in Construction Work (건설공사의 안전관리비 사용에 대한 투자효과 분석에 관한 조사 연구)

  • 이영섭;김남훈;박종근
    • Journal of the Korean Society of Safety
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    • v.16 no.3
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    • pp.111-116
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    • 2001
  • This study is conducted to review the ratio of direct and indirect cost accompanied by industrial accident in construction sites. It is surveyed that how to use safety cost in construction work is most efficient in comparison with several items of safety cost through the regression analysis.

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