• Title/Summary/Keyword: Life cycle costing

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A Study of the Maintenance information DB document Template for the Life Cycle Cost Calculation of the Railroad vehicle (철도차량 수명주기비용 계산을 위한 유지보수정보 DB 템플릿에 관한 연구)

  • Kim, Jae-Hoon;Shim, Yeo-Wool;Park, Jun-Seo;Jun, Hyun-Kyu;Kim, Jong-Woon
    • Proceedings of the KSR Conference
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    • 2008.06a
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    • pp.1097-1104
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    • 2008
  • Life cycle costing is one of the most effective approaches for the cost analysis of long-term life products, like as railroad vehicle. Life cycle costing includes the cost of concept design, development, manufacture, operating, maintenance and disposal. Especially, life cycle costing in the railroad industry has been focused on the maintenance cost. In this paper, we investigated the standard, guide and maintenance information of railroad vehicle. For this purpose, we suggested the unique templates of railroad vehicle maintenance information. We also performed maintenance cost analysis on the some sub-system of railroad vehicle for the case study.

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A Study of the Maintenance cost model for the Life Cycle Cost Calculation of the Railroad Vehicle (철도차량 수명유지비용 계산을 위한 유지보수 비용모델 연구)

  • Kim, Jae-Hoon;Jun, Hyun-Kyu;Park, Jun-Seo
    • Proceedings of the KSR Conference
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    • 2008.11b
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    • pp.567-573
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    • 2008
  • Life cycle costing is one of the most effective approaches for the cost analysis of long-term life products, like as railroad vehicle. Life cycle costing includes the cost of concept design, development, manufacture, operating, maintenance and disposal. Especially, life cycle costing in the railroad industry has been focused on the maintenance cost. In this paper, we investigated the standard, guide and maintenance information of railroad vehicle. For this purpose, we suggested the cost model of railroad vehicle maintenance information. We also performed maintenance cost analysis on the some sub-system of railroad vehicle for the case study.

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Application Guide of Reliability Maintainability and Availability (신뢰성, 보전성 및 가용성 적용 모델)

  • Choi, Sung-Woon
    • Proceedings of the Safety Management and Science Conference
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    • 2007.04a
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    • pp.309-322
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    • 2007
  • This paper shows application guide of dependability data from the field, life cycle costing, and maintainability. Moreover, this study introduces mathematical expressions and predictions for reliability, availability and maintainability. This paper also shows compliance test procedures for steady-state availability, and application of Markov techniques.

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Economic Analysis of Power Transmission Lines using Interval Mathematics

  • Teegala, Srinivasa Kishore;Singal, Sunil Kumar
    • Journal of Electrical Engineering and Technology
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    • v.10 no.4
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    • pp.1471-1479
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    • 2015
  • A major portion of the capital costs in the present day power transmission systems are due to the cost of equipment and construction process. Transmission utilities in the recent years are drawing greater attention towards performing life cycle costing studies for cost management and decision making. However, the data involved in these studies are highly uncertain and the effect of these uncertainties cannot be directly included in the study process, resulting in inaccurate solutions. Interval mathematics provides a method for including these uncertainties throughout the cost analysis and provides final solution range in the form of intervals. In this regard, it is essential and extremely important that significant research has to be carried out in understanding the principles of life cycle costing methodology and its applicability to cost analysis of transmission lines along with uncertainties involved in the cost assessment process. In this paper, economic analysis of power transmission lines using interval mathematics has been studied. Life cycle costing studies are performed using net present value analysis on a range transmission lines used in India and the results are analyzed. A cost break even analysis considering right of way costs was carried out to determine the point of economy indifference.

Development of Life Cycle Cost Estimation Software on the Aspect of Maintenance Strategies (유지보수관점에서의 수명주기비용예측 소프트웨어 개발)

  • Jun, Hyun-Kyu;Kim, Jae-Hoon;Kim, Jong-Woon;Park, Jun-Seo
    • Proceedings of the KSR Conference
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    • 2007.11a
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    • pp.777-783
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    • 2007
  • Life cycle costing is one of the most effective cost approaches when we choose a solution from series of alternative so the least long-term cost ownership is achieved. Life cycle costing in railway industry has been focused on the prediction of investment for railway vehicles. But in today, the life cycle cost, LCC, prediction on the aspect of operation and maintenance cost through whole life cycle is highly necessary. In this paper, we present a strategy for the development of life cycle cost estimation software on the aspect of maintenance strategies of railway vehicle. For this purpose, we suggested a structure of LCC software based on the UNIFE LCC model. And we developed a pilot version of software to evaluate the LCC model that we suggested for railway vehicle. We performed LCC analysis on the brake module of metro vehicle in case study and concluded that the software and model developed in this research could enough to support engineers in choosing better cost effective solutions from many alternatives.

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A Study on the Simplified Economics Evaluation Method for Selecting a Heat Source System at the Pre-design Phase (초기계획단계에서 열원시스템 선정을 위한 경제성 간이 평가법에 관한 연구)

  • Park Yool;Park Jong-Il
    • Korean Journal of Air-Conditioning and Refrigeration Engineering
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    • v.16 no.11
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    • pp.1060-1067
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    • 2004
  • To apply an analysis method of life cycle cost when assessing economics of equipment system, we should basically set up preconditions such as useful life, price escalation rate, interest rate, etc. as well as consider a calculation algorism of source energy and heat source system, which is a complex process for life cycle costing. For this reason, equipment designers tend to plan heat source systems, without a thorough investigation on economics of alternative systems at the pre-design phase. In this process, architectural designers should adopt a proper heat source system, which is one of the most important factors for planning an appropriate architectural design, through a discussion with equipment designers in a short time. In order to offer an evaluation method for equipment designers to analyze economics of an alternative heat source system easily at the pre-design phase, this research would define the simplified economics, evaluation method through analysis of existing papers for economics evaluation, and examine validity through comparison of simplified method values ($LCC_{EC}$) and life cycle costing values ($LCC_{15}$) for six alternative heat source systems.

설비의 Life Cycle Costing(LCC$\cdot$생애비용계산)특징과 그 중요성에 관하여

  • 판본계일랑
    • 월간 기계설비
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    • s.13
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    • pp.139-146
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    • 1991
  • 설비는 초기에 드는 코스트보다는 운전비, 유지비, 수선비, 갱신비, 일반관리비 등 사용하고부터의 코스트가 상당히 많고 또한 건축물에 비해 그 수명이 짧아서 건축물의 수명중 $2\sim3$번식은 갱신할 필요가 있는 것이 특징이다. 건축물의 LCC(Life Cycle Costing)등에서 설비(특히 공조설비)가 차지하는 비중은 가장크다. 따라서 건축물의 LCC로 건축물의 코스트를 검토하는 경우는 설비를 최우선 (특히 운전비, 유지비, 내구성을 중심)으로 생각해야 한다.

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Analysis of Life-Cycle Cost for Urban Transit System using RAM (RAM을 고려한 도시철도시스템의 수명주기비용 분석)

  • Han, Seok-Youn;Hong, Soon-Ki;Ha, Chen-Soo
    • IE interfaces
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    • v.18 no.4
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    • pp.477-484
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    • 2005
  • This paper is concerned with the life-cycle cost(LCC) of the urban transit system which was developed by KRRI and is now under test in Gyeongsan, Korea. Its reliability, availability and maintainability(RAM) were analyzed. LCC is the core part of analyzing the total cost of acquisition and ownership of a system. LCC analysis of a system is the most effective when it is applied in the it's early design phase. In this paper, we present IEC 60300-3-3(Life Cycle Costing) in detail and propose how to apply LCC in assessing the urban transit system according to RAM process. This case study demonstrates that reliability management system is very effective in reducing the operating cost of subway corporations in Korea.

A Study on Selection of Roof Waterproofing Method by analyzing Life Cycle Costing (LCC 평가를 통한 지붕방수공법선정에 관한 연구)

  • Choi, Oh-Young;Kim, Tae-Hui;Kim, Gwang-Hee
    • Journal of the Korea Institute of Building Construction
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    • v.8 no.5
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    • pp.127-134
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    • 2008
  • The purpose of this study is to propose the decision making technique in roof waterproofing method at the early construction stage. Selecting the suitable construction method is difficult because of the complex interrelationships between many factors of influencing the construction method selection. This study presents an example of selecting suitable method by analyzing LCC (Life Cycle Cost) in roof waterproofing work. In this study, roof waterproofing method is analyzed by LCC(Life Cycle Cost) which is consists of the initial costs, running costs, and removal costs. Sheet waterproofing, membrane waterproofing and asphalt waterproofing costs are compared to select the most economic method. The result of this study revealed that considering LCC is useful in selecting the proper method in the construction work.

The Life Cycle Cost Estimation for Domestic Products Motor Block of KTX-1 Considering Periodic Maintenance (유지보수정보 주기를 고려한 KTX-1 모터블럭 개발품의 수명주기비용 예측)

  • Yun, Cha-Jung;Noh, Myoung-Gyu;Kim, Jae-Moon
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.62 no.2
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    • pp.288-292
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    • 2013
  • This paper presents the result of life-cycle cost (LCC) estimation for domestic products propulsion control system (motor block unit) of KTX-1 considering periodic maintenance. Life cycle costing is one of the most effective approaches for the cost analysis of long-life systems such as the KTX-1. Life cycle costing includes the cost of concept design, development, manufacture, operation, maintenance and disposal. To estimate LCC for domestic products motor block unit, it was analyzed physical breakdown structure (PBS) on motor unit in view of maintenance cost and unit cost etc. As a results, life cycle cost on motor block unit increased moderately expect for periodical time when major parts are replaced at the same time. hereafter this results will be reflected in the domestic products being developed.