• Title/Summary/Keyword: Cost analysis

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Application study of heat storage type GSHP system in Apartment building with central cooling and heating facilities using life cycle cost analysis (LCC 분석을 이용한 중앙공급식 공동주택의 수축열식 지열원 히트펌프시스템의 적용연구)

  • Lee, Sang-Hoon;Park, Jong-Woo;Cho, Sung-Hwan
    • Proceedings of the SAREK Conference
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    • 2009.06a
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    • pp.1497-1502
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    • 2009
  • The present study has been conducted economic analysis of heat storage type ground source heat pump system(HSGSHP) and normal ground source heat pump (GSHP) and central boiler system with individual air conditioning facility which are installed at the same building in the shared an apartment house. Cost items, such as initial construction cost, annual energy cost and maintenance cost of each system are considered to analyze life cycle cost (LCC) and simple payback period (SPP) with initial cost different are compared. The initial cost is a rule to the Government basic unit cost of production. LCC applied present value method is used to assess economical profit of both of them. Variables used to LCC analysis are prices escalation rate and interest rate mean values of during latest 10 years. The LCC result shows that HSGSHP (1,351,000,000won) is more profitable than central boiler system with individual air conditioning facility by 86.7% initial cost. And SPP appeared 8.0 year overcome the different initial cost by different annual energy cost.

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Cost-Effectiveness Analysis of HPV Vaccination: Comparing the General Population with Socially Vulnerable Individuals

  • Han, Kyu-Tae;Kim, Sun Jung;Lee, Seo Yoon;Park, Eun-Cheol
    • Asian Pacific Journal of Cancer Prevention
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    • v.15 no.19
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    • pp.8503-8508
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    • 2014
  • Background: After the WHO recommended HPV vaccination of the general population in 2009, government support of HPV vaccination programs was increased in many countries. However, this policy was not implemented in Korea due to perceived low cost-effectiveness. Thus, the aim of this study was to analyze the cost-utility of HPV vaccination programs targeted to high risk populations as compared to vaccination programs for the general population. Materials and Methods: Each study population was set to 100,000 people in a simulation study to determine the incremental cost-utility ratio (ICUR), then standard prevalence rates, cost, vaccination rates, vaccine efficacy, and the Quality-Adjusted Life-Years (QALYs) were applied to the analysis. In addition, sensitivity analysis was performed by assuming discounted vaccination cost. Results: In the socially vulnerable population, QALYs gained through HPV vaccination were higher than that of the general population (General population: 1,019, Socially vulnerable population: 5,582). The results of ICUR showed that the cost of HPV vaccination was higher for the general population than the socially vulnerable population. (General population: 52,279,255 KRW, Socially vulnerable population: 9,547,347 KRW). Compared with 24 million KRW/QALYs as the social threshold, vaccination of the general population was not cost-effective. In contrast, vaccination of the socially vulnerable population was strongly cost-effective. Conclusions: The results suggest the importance and necessity of government support of HPV vaccination programs targeted to socially vulnerable populations because a targeted approach is much more cost-effective. The implementation of government support for such vaccination programs is a critical strategy for decreasing the burden of HPV infection in Korea.

Analysis of Levelized Cost of Electricity for Type of Stationary Fuel Cells (발전용 연료전지 형식에 따른 균등화 발전비용 분석)

  • DONGKEUN LEE;TORRES PINEDA ISRAEL;YONGGYUN BAE;YOUNGSANG KIM;KOOKYOUNG AHN;SUNYOUP LEE
    • Transactions of the Korean hydrogen and new energy society
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    • v.33 no.6
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    • pp.643-659
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    • 2022
  • For the economic analysis of fuel cells, levelized cost of electricity was calculated according to the type, capacity, and annual production of the fuel cells. The cost of every component was calculated through the system component breakdown. The direct cost of the system included stack cost, component cost, assembly, test, and conditioning cost, and profit markup cost were added. The effect of capacity and annual production was analyzed by fuel cell type. Sensitivity analysis was performed according to stack life, capital cost, project period, and fuel cost. As a result, it was derived how much the economic efficiency of the fuel cell improves as the capacity increases and the annual production increases.

Improvement Directions for Life Cycle Cost Analysis and Evaluation in the Design-Build and Alternative Bidding Projects (설계.시공일괄입찰공사 및 대안입찰공사의 생애주기비용 분석 및 평가체계 개선방향)

  • Kang, Tai-Kyung;Lee, Yoo-Sub
    • Journal of the Korea Institute of Building Construction
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    • v.8 no.1
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    • pp.97-102
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    • 2008
  • The report of the Korean Board of Audit and Inspection(BAI) on May 2007 indicates the problems of Life Cycle Cost (LCC) analysis and evaluation in the Design-Build(Turn-Key) and alternative bidding system. The point which the report indicates is that the cost estimation system for LCC analysis has nothing in common each other and there's no consistency among the repair cycle and ratio per facilities parts. For solving these problems, BAI demands the establishment of the guidelines for LCC analysis and evaluation from the competent authority Korean Ministry of Construction And Transportation(MOCT). The objective of this study is to develop the improvement directions for LCC analysis and evaluation which are suitable to the public construction projects especially for the Design-Build and alternative bidding system in Korea. For this study, the LCC related raws and regulations, LCC analysis guidelines of public cooperations, actual condition of LCC analysis and evaluation which include, the elements of LCC, the estimation rules of the initial cost and the maintenance cost, the analysis standards of time value of money, etc. are investigated to provide the improvement directions for LCC analysis and evaluation.

Sensititivity Analysis For Development Of Gulf Of Alaska

  • Pak, Ee-Tong
    • 한국해양학회지
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    • v.11 no.2
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    • pp.57-63
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    • 1976
  • It was attempted to analyze the sensitivity of the oil prospect place named MARIA which placed inside Gulf of Alaska. For the analysis, P6031090, ECOANA( computer) which installed in the head office, Shell Oil Co was used and the data needed for computer programming were 1) Unit of Production data 2) Production Schedule 3) Total Gross Yearly Expenses and 4) Total Gross Capital and so on. The important data among the computer output 1) PVPAT (Present Value After Tax): $1,167,077,500 2) Payout After Tax: 3.14 Years (256,284,810 BBL Production) 3) Earning Power: 42% (After Tax) 4) PVPAT/BBL : $1.22 5) Capital/BBL : $2.00. On the other hand, the effect acted upon PVPAT with varying the Platform cost, Facility cost, Pipeline cost and Well cost was observed in comparion with the basic for range from 50% to 200%. Resultantly, the order was 1) Pipeline cost 2) Facility cost 3) Well cost 4) Platform cost for range form 100% to 200%. This project was completed by the contract with Shell Oil Co., and the geological data needed for this analysis were given by the head office and the development project started from Jan. 1976.

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A Study on Safety Cos Estimation Using Process Risk Assessment for Polyol Process (polyol공정에 대한 위험성 평가에 의한 안저비용 산정에 관한 연구)

  • Lee, Jun-Suk;Lee, Young-Soon;Park, Young-Ku
    • Journal of the Korean Society of Safety
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    • v.17 no.1
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    • pp.68-71
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    • 2002
  • A research on accident loss calculation for polyol process without safety management activities, and safety cost estimation using process risk assessment has been implemented. In order to estimate a magnitude of loss, accident scenarios were made by combining result made from HAZOP Study method with accident possibility analysis results implemented with FTA. Also effect assessment was implement for accident consequence of each scenario. And minimum possible loss cost has been calculated when safety investment do or not. Result from cost-benefit analysis was shown as approximately \335 billion(=USS44,000 billion), as cost after subtracting safety management cost from minimum possible loss cost.

The Development on the Estimate method for the Cost-Effect Analysis of the Electrical Safety Management (전기안전 업무의 비용효과 분석을 위한 전기화재 손실비용 추정방법 개발)

  • Yoo, Jae-Geun
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.64 no.2
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    • pp.349-352
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    • 2015
  • This paper estimates electrical fire damage cost-effect to analyze electrical safety efficiency by applying a cost-benefit analysis method for analyzing the efficiency of a business public interest. Electrical fire loss statistics data was presented as direct costs and casualties, including deaths due to an electrical fire, this paper adds overhead "Incidental Cost of Accidents to the Employer" by W. H. Heinrich was applied to estimate the cost of economic loss. Also wounded, including the loss of human deaths by referring to the car accident insurance claims costs and human development estimated the losses caused by an electrical fire. And to perform a cost-benefit analysis of the electrical safety as a result of future work. In this paper, the economic effect of the electric field of safety and public interest work to systematically presented.

KF-16 Software Upgrade Cost Analysis (KF-16 항공기 SW성능향상사업 비용분석)

  • Min, Sung Ki;Lee, Cheol Woo;Dalton, Carl
    • Journal of the Korean Society of Systems Engineering
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    • v.2 no.1
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    • pp.18-23
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    • 2006
  • The purpose of this study and report is to provide, to the MND, an independent cost analysis of modernizing software of F-16 fighter fleets to support the use of several weapon system options, including JDAM, AIM-9X and HARM Targeting System etc. The study analyzed each options with software sizing, software cost, enabling hardware cost, flight test cost, system engineering cost, and 3 strategies. And the study proposed and analyzed some alternative strategies: strategy1 is to modernize software only within existing electronic processing capability; strategy2 is a full upgrade of weapons avionics with plug compatible electronics; strategy3 is an approach defined to mirror the USAF Common Configuration Implementation Approach (CCIP). The recommended alternative is strategy2.

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Water cost analysis of different membrane distillation process configurations for brackish water desalination

  • Saleh, Jehad M;Ali, Emad M.;Orfi, Jamel A;Najib, Abdullah M
    • Membrane and Water Treatment
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    • v.11 no.5
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    • pp.363-374
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    • 2020
  • Membrane distillation (MD) is a process used for water desalination. However, its commercialization is still hindered by its increased specific cost of production. In this work, several process configurations comprising Direct Contact and Permeate Gap distillation membrane units (PGMD/DCMD) were investigated to maximize the production rate and consequently reduce the specific water cost. The analysis was based on a cost model and an experimentally validated MD model. It was revealed that the best achievable water cost was approximately 5.1 $/㎥ with a production rate of 8000 ㎥/y. This cost can be further decreased to approximately 2 $/㎥ only if the heating and cooling energies are free of cost. Therefore, it is necessary to decrease the MD capital investment to produce pure water at economical prices.

Development of Cost Estimation Method using Multiple-Regression Analysis for Rural Planning -Case Study for Land Consolidation - (농촌계획에 있어 다중회귀분석법에 의한 사업비 결정 - 경지정리사업비의 예 -)

  • Yun, Seong-Su;Lee, Jeong-Jae;Jo, Rae-Cheong
    • Journal of Korean Society of Rural Planning
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    • v.2 no.2
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    • pp.103-108
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    • 1996
  • In rural planning, the cost estimation of project is a key factor for planning. Therefore, development of reliable cost estimation method is essential. Recently, new techniques are suggested for determination of project cost using historical cost data. In this study, a multiple-regression analysis was used to determine the cost of the farm land consolidation. The results demonstrated that multiple regression analysis using historical cost data can be applicable to project cost estimation.

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