• Title/Summary/Keyword: Cost-effective analysis

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A Study on Life Cycle Cost Analysis of Latex Modified Concrete Pavement for Bridges (LMC 교면 포장 공법의 생애주기비용분석에 관한 연구)

  • Cho, Hyo-Nam;Choi, Hyun-Ho;Jung, Pyoung-Ki;Lim, Jong-Kwon
    • Journal of the Korea institute for structural maintenance and inspection
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    • v.5 no.4
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    • pp.185-195
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    • 2001
  • Latex Modified Concrete(LMC) has been widely used for the pavement of highway bridges over the past 35years around the world since it is more resistant to the intrusion of chloride ions, has higher tensile, compressive, and flexural strength, and has greater freeze-thaw resistance. However, in Korea, it has not been introduced to fields due to higher initial construction cost for its overlay compared with that of conventional pavement materials. Due to durable characteristics, it should be noted that the LMC may be more cost-effective than conventional pavements such as asphalt pavement, when life-cycle cost(LCC) concept is considered. The objective of this study is intended to suggest a practical LCC analysis model for pavement projects and to demonstrate relative cost-effectiveness of the LMC overlays in comparison with conventional pavement techniques. It may be stated that the procedure proposed in this study may be utilized for making optimal decision on cost-effective pavement design.

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Cost-Effective Single Switch Multi-Channel LED Driver

  • Hwang, Sang-Soo;Hwang, Won-Sun;Han, Sang-Kyoo
    • Journal of Power Electronics
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    • v.15 no.2
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    • pp.319-326
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    • 2015
  • In this paper, a cost-effective single switch multi-channel LED (light emitting diode) driver is proposed. While conventional LED drivers require as many non-isolated DC/DC converters as the number of LED channels, the proposed LED driver needs only one power switch and several balancing capacitors instead of expensive non-isolated DC/DC converters. Therefore, the proposed driver features a simpler structure, with a lower cost and a higher efficiency. Because its power switch can be turned off under the zero current switching condition, it has very desirable advantages such as improved electromagnetic interference characteristics and high efficiency. Moreover, it uses only a small number of DC blocking capacitors with no additional active devices for the current balancing of multi-channel LEDs. As a result, the proposed driver exhibits high reliability and is cost effective. To confirm the validity of the proposed driver, a theoretical analysis is performed, and design considerations and experimental results obtained from a prototype that is applicable to a 46" LED-TV are presented.

A Study on Optimized Design Decision of Building Service Systems Based on a Life-Cycle Cost Analysis - A Case Study on Community Center and Congress Hall of a Local Government - (LCC분석에 의한 설비시스템의 최적화 방안에 관한 연구 - G구 구민회관 및 구의회청사 사례 -)

  • 최성호;차병주;김상민;이승복
    • Korean Journal of Air-Conditioning and Refrigeration Engineering
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    • v.14 no.2
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    • pp.134-142
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    • 2002
  • LCC (Life-Cycle Cost) analysis is a practical method and a guideline for evalua-ting the economic performance of building service systems. By using the LCC analysis, the most cost-effective design decision can be made, which has the lowest LCC during the project study period among the various design alternatives. The present case shows an example of appro-priate use of the LCC analysis, by demonstrating the procedures of decision making among at-tarnative building HVAC systems at community center and congress hall of a local government.

Probability- based Life Cycle Cost Analysis of Railroad Structures (확률적 방법에 의한 철도시설물의 LCC 분석)

  • Sho Byung-Choon;Choi Young-Min;Cho Sun-Kyu;Shin Kyung-Chul;Jung Jae-Dong
    • Proceedings of the KSR Conference
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    • 2004.10a
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    • pp.971-976
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    • 2004
  • The management of railroad structures is more difficult and complicate because there are many structures such as rail, bridge, tunnel, station, and so on. Therefore, LCC(Life Cycle Cost) analysis of railroad structures as public infrastructure must contain a maintenance cost as well as an initial cost in order to make a more effective management during the life cycle on the design phase. This paper presents a cost classification scheme considering user costs such as value of delayed time of passenger and freight. Also, in this study it is developed a probabilistic life cycle cost(PLCC) analysis model of railroad structures taking into account uncertainties and variations of input variables in order to analyze LCC. It may be stated that the model proposed in this study can greatly contribute to the making optimal decision, the estimate of the maintenance cost and the allocate of budget in the project of railroad structures.

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Optimal Seismic Reliability of Bridges Based on Minimum Expected Life Cycle Costs (최소기대비용에 기초한 교량의 최적내진신뢰성)

  • 조효남;임종권;심성택
    • Proceedings of the Computational Structural Engineering Institute Conference
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    • 1999.10a
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    • pp.249-256
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    • 1999
  • This study is intended to propose a systematic procedure for the development of the reliability-based seismic safety and cost-effective Performance criteria for design and upgrading of long span PC bridges. In the paper, a set of cost function models for life cycle cost analysis of bridges is proposed. The total life cycle cost functions consist of initial cost and direct/indirect damage costs considering repair/replacement costs, human losses and property damage costs, road user costs, and indirect regional economic losses. The damage costs are successfully expressed in terms of Park-Ang median global damage indices and damage probabilities. The proposed approach is successfully applied to model bridges in both regions of a moderate seismicity area like Seoul, Korea and a high one like Tokyo, Japan. It may be expected that the proposed approach can be effectively utilized for the development of cost-effective performance criteria for design and upgrading of various types of bridges as well as long span PC bridges.

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MODELLING AFRICAN TRYPANOSOMIASIS IN HUMAN WITH OPTIMAL CONTROL AND COST-EFFECTIVENESS ANALYSIS

  • GERVAS, HAMENYIMANA EMANUEL;HUGO, ALFRED K.
    • Journal of applied mathematics & informatics
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    • v.39 no.5_6
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    • pp.895-918
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    • 2021
  • Human African Trypanosomiasis (HAT) also known as sleeping sickness, is a neglected tropical vector borne disease caused by trypanosome protozoa transmitted by bites of infected tsetse fly. The basic reproduction number, R0 derived using the next generation matrix method which shows that the disease persists in the population if the value of R0 > 1. The numerical simulations of optimal control model carried out to determine the control strategy that can combat HAT under the minimum cost. The results indicate that, the use of both education campaign, treatment and insecticides are more efficient and effective to eliminate HAT in African community but too costly. Furthermore, the cost-effectiveness of the control measures (education campaign, treatment and insecticides) were determined using incremental cost-effectiveness ratio (ICER) approach and the results show that, the use of education and treatment of infected people as the best cost effective strategy compared to other strategies.

A Study on the Efficiency Analysis of R&D General Management Cost for Domestic R&D Agency Institutes (국내 R&D 전문관리기관의 R&D 기획·평가·관리비의 효율성 분석에 관한 연구)

  • Song, Gwangsuk;Yoo, Hanjoo;Kim, Kyung-Won;Jang, Hyun-Duk
    • Journal of Korean Society for Quality Management
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    • v.43 no.1
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    • pp.85-102
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    • 2015
  • Purpose: This study is aimed to develope effective guidelines of R&D institute with regard to general management cost, by analyzing the management characteristics of 14 domestic R&D institutes general management costs. Methods: The bootstrapping method is applied to obtain the average general management cost of 14 R&D institute and the effective R&D institutes are presented by comparing the general management costs of R&D and the rate of inflation. Results: The results show that the average R&D general management cost of 14 R&D institutes is 3.32% and, in general, it turns out that the R&D general management costs do not reflect the inflation rate after a comparative analysis of the variation of the R&D general management costs. In addition, the results of cost-effective analysis show that only 5 R&D institutes are efficient in R&D activities. Conclusion: Applying a uniform standard of R&D general management costs although their management characteristics are different, can cause the impediment to the independence and transparency of R&D institutes. Therefore it is recommended a strict implementation with respect to the monitoring system of each R&D institute and the budget policy methods which are reflected management characteristics.

Potential Role of Electrochemotherapy as Anticancer Treatment for Cutaneous and Subcutaneous Lesions

  • Zygogianni, Anna;Kyrgias, George;Scarlatos, John;Koukourakis, Michael;Souliotis, Kyriakos;Kouvaris, John;Kelekis, Nikolaos;Kouloulias, Vassilis
    • Asian Pacific Journal of Cancer Prevention
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    • v.17 no.8
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    • pp.3753-3757
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    • 2016
  • Background: The aim of this study was to investigate whether electrochemotherapy is a clinically and cost-effective treatment option against skin tumors. Materials and Methods: We performed an analysis of the current literature based on database searches in PubMed/MEDLINE and we included articles till July 2012. Terms used for the search were 'electrochemotherapy', 'skin cancer', 'recurrence', and 'cutaneous and subcutaneous tumors'. Only papers published in English were included. In addition, we performed an analysis of the cost effectiveness of the method. Results: The combination of physics and chemistry is the foundation for electrochemotherapy and its efficacy, independent of the tumor histology. Clinical data showed that ECT is well tolerated and can be used in difficult cases without other available treatment options. The analysis also showed that the treatment is feasible and cost-effective. Conclusions: Electrochemotherapy is a clinically efficient safe and cost-effective treatment and clinicians should not hesitate to use it as alternative therapeutic modality or as palliative treatment.

A Study on the Analysis of Quality Cost in the Man-Machine System (제조산업에서의 인간-기계시스템과 관연된 품질비용분석에 관한 연구)

  • 김형준
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.18 no.34
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    • pp.155-159
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    • 1995
  • For the relationship between conformance cost and the individual elements of non-conformance, an analysis was made of the relationship between inspection cost and training cost and scrap cost. As a result it was explained that there was all a positive correlation between training cost and scrap cost, and between inspection cost and scrap cost. Like this, training and inspection cost and scrap cost have a positive correlation. Judging from the fact that the coefficient of inspection cost is lower than that of training cost in the comparison of the coefficient of each cost, it can be analyzed that the change in scrap cost is influenced by the change in training cost more greatly than the change in inspection cost. If doing so, it can be interpreted that scrap cost and rework cost do not still decrease in spite of increasing in education and training cost and prevention cost. This result may represent the problem as to whether education and training cost is effectively expended for prevention activity. Accordingly, to cope with this situation, it is thought that scrap cost should be cut by establishing the effective prevention measure for causing the increase of scrap cost.

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Analysis of Economic Life Cycle for Hydro-Generator Based on Annual Equivalent Cost Method (연간등가비용법을 이용한 수력발전기의 경제적 수명주기 분석)

  • Lee, Sung-Hun;Chang, Jeong-Ho;Kim, Jin-O;Lee, Heung-Ho
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.60 no.11
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    • pp.1993-1999
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    • 2011
  • Today, the power utilities is setting on the slow load growth and the aging of power equipment, and then could spend the efforts on the stability of system performance. Asset management may be defined as the process of maximizing corporate profit by maximizing performance and minimizing cost over the entire life cycle of power equipment. Therefore, asset management is great way to fulfill the economic investment and the stability of system performance. This paper presents the application of effective asset managem ent from an economic perspective. A proposed method is considering the life cycle analysis using life cycle cost methodology for hydro-generator during the total life cycle. The life cycle cost methodology include a way to calculating maintenance and operating costs. The proposed method will be expected to play an important role in investment decision making considering economic evaluation.