• 제목/요약/키워드: Cost Constraint

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Two Phase Heuristic Algorithm for Mean Delay constrained Capacitated Minimum Spanning Tree Problem (평균 지연 시간과 트래픽 용량이 제한되는 스패닝 트리 문제의 2단계 휴리스틱 알고리즘)

  • Lee, Yong-Jin
    • The KIPS Transactions:PartC
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    • v.10C no.3
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    • pp.367-376
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    • 2003
  • This study deals with the DCMST (Delay constrained Capacitated Minimum Spanning Tree) problem applied in the topological design of local networks or finding several communication paths from root node. While the traditional CMST problem has only the traffic capacity constraint served by a port of root node, the DCMST problem has the additional mean delay constraint of network. The DCMST problem consists of finding a set of spanning trees to link end-nodes to the root node satisfying the traffic requirements at end-nodes and the required mean delay of network. The objective function of problem is to minimize the total link cost. This paper presents two-phased heuristic algorithm, which consists of node exchange, and node shift algorithm based on the trade-off criterions, and mean delay algorithm. Actual computational experience and performance analysis show that the proposed algorithm can produce better solution than the existing algorithm for the CMST problem to consider the mean delay constraint in terms of cost.

A Study on the Optimal Design Method of Reinforced Concrete Two Way Slabs (Direct Method에 의한 鐵筋콘크리트 二方向슬라브의 最適設計에 관한 硏究)

  • Kim, Yong-Hee;Lyu, Hong-Leal;Park, Moon-Ho
    • Magazine of the Korean Society of Agricultural Engineers
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    • v.26 no.2
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    • pp.97-105
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    • 1984
  • We have, at present, found some studies on the optimum design of reinforced concrete about the simple slab but very few about the multi-story and multi-span slab. The aim of this study is to make a optimum design of coalesced beam and column slab constructure. Some results of the evaluation by using the optimalized algorithm that was developed in this study are as follows. 1. Slab was mainly restricted by the constraint of effective depth, bending moment, and minimum steel ratio; especially the effective depth was the preceding crifical constraint. In the optimum design of slab, therefore, the constraint about the minimum thickness should be surely considered. 2. This optimum design is good economy as much as some 3.4&~6.2% compared with the conventional design method. 3. In most case, it was converged by 3 to 6 iteratin regardless of the highest or lowest value and only in case of N=1 and case 1, there is a little oscillation after the 3rd iteration but it makes no difference in taking either the highest or lowest value because the range of oscillation is low as much as about 1.2% of the total construction cost. 4. In this study the result seeking for constraints that make no difference in the least cost design shows that shear stress and maximum steel ration may not be considered in it. 5. Bending moment was converged by one time iteration regardless of the initial value, while steel ratio, in most case, by two times because both bending moment and steel ratio are the fuction of effective depth.

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Analysis of Operational Economic Efficiency in a Cogeneration Power Plant (열병합 발전소의 운전경제성 분석에 관한 연구)

  • Kim, Gun-Hoe;Hur, Jin-Huek;Moon, Seung-Jae;Lee, Jae-Heon
    • Plant Journal
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    • v.5 no.1
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    • pp.40-44
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    • 2009
  • This study presents an operational technique to maximize the profit of a cogeneration power plant under cost-based pool power market. In benefit side energy sale profit, heat sale profit, and supplementary fund profit for electric power industry are included and the changeable cost was considered in cost side. The profit of a cogeneration power plant is varied enormously by the operation conditions, and constraint conditions. The result of this case study can be used as a reference to a cogeneration power plant under the same power trading system.

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Project Time-Cost Tradeoff Problem with Milestones under an Uncertain Processing Time (불확실한 환경 하에서 중간 평가가 있는 시간-비용 프로젝트 문제)

  • Choi, Byung-Cheon;Chung, Jibok
    • Journal of the Korean Operations Research and Management Science Society
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    • v.38 no.2
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    • pp.25-42
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    • 2013
  • We consider a project time-cost tradeoff problem with two milestones, where one of the jobs has an uncertain processing time. Unless each milestone is completed on time, some penalty cost may be imposed. However, the penalty costs can be avoided by compressing the processing times of some jobs, which requires additional resources or costs. The objective is to minimize the expected total costs subject to the constraint on the expected project completion time. We show that the problem can be solved in polynomial time if the precedence graph of a project is a chain.

Estimation of Liquidity Cost in Financial Markets

  • Lim, Jo-Han;Lee, Ki-Seop;Song, Hyun-Seok
    • Communications for Statistical Applications and Methods
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    • v.15 no.1
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    • pp.117-124
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    • 2008
  • The liquidity risk is defined as an additional risk in the market due to the timing and size of a trade. A recent work by Cetin et ai. (2003) proposes a rigorous mathematical model incorporating this liquidity risk into the arbitrage pricing theory. A practical problem arising in a real market application is an estimation problem of a liquidity cost. In this paper, we propose to estimate the liquidity cost function in the context of Cetin et al. (2003) using the constrained least square (LS) method, and illustrate it by analyzing the Kellogg company data.

A study on the estimate of the angular distortion for a fillet weldment (필릿 용접부의 각변형량 예측에 관한 연구)

  • ;;;Lee, S. H.;Cho, S. H.
    • Journal of Welding and Joining
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    • v.15 no.4
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    • pp.63-69
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    • 1997
  • Welding distortion is more serious problem than any other problems caused by welding process, especially, in the heavy-industrial place. These welding distortions are caused by nonuniform heating and cooling of metal during and after welding operations. And these distortion quantities are must be known to worker in production line because distorions are important role in assembling part. Therefore an analytical model to explain and predict the welding distortion are needed. A numerical analysis of welding distortion which is inelastic behavior of weldment would require the three dimensional calculation. But computing time and memory would be very large, and the resulting cost might be unacceptable. Therefore we use a numerical technique for two dimensional analysis in the section normal to the weld direction of weldment under an assumption of quasi-stationary conditions. But the result of the calculation under two dimensional(plane strain) assumption was not satisfied as compared with experimental result. This paper proposed a technique for analysing the welding angular distortion by using a constraint boundary condition on the two dimensional finite element model. The simulation results revealed that the constraint boundary model could more reasonably describe the welding distortion than the plane strain model did.

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Structure Borne Durability Design of a Vehicle Body Structure (차체구조의 구조기인 내구 설계)

  • 김효식;임홍재
    • Transactions of the Korean Society of Automotive Engineers
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    • v.12 no.3
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    • pp.109-121
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    • 2004
  • This paper presents an optimal design method for structure-borne durability of a vehicle body structure. Structure-borne durability design requires a new design that can increase fatigue lives of critical areas in a structure and must prohibit transition phenomenon of critical areas that results from modification of the structure at the same time. Therefore, the optimization problem fur structure-borne durability design are consists of an objective function and design constraints of 2 types; type 1-constraint that increases fatigue lives of the critical areas to the required design limits and type 2-constraint that prohibits transition phenomenon of critical areas. The durability design problem is generally dynamic because a designer must consider the dynamic behavior such as fatigue analyses according to the structure modification during the optimal design process. This design scheme, however, requires such high computational cost that the design method cannot be applicable. For the purpose of efficiency of the durability design, we presents a method which carry out the equivalent static design problem instead of the dynamic one. In the proposed method, dynamic design constraints for fatigue life, are replaced to the equivalent static design constraints for stress/strain coefficients. The equivalent static design constraints are computed from static or eigen-value analyses. We carry out an optimal design for structure-borne durability of the newly developed bus and verify the effectiveness of the proposed method by examination of the result.

Virtual Network Embedding based on Node Connectivity Awareness and Path Integration Evaluation

  • Zhao, Zhiyuan;Meng, Xiangru;Su, Yuze;Li, Zhentao
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.11 no.7
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    • pp.3393-3412
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    • 2017
  • As a main challenge in network virtualization, virtual network embedding problem is increasingly important and heuristic algorithms are of great interest. Aiming at the problems of poor correlation in node embedding and link embedding, long distance between adjacent virtual nodes and imbalance resource consumption of network components during embedding, we herein propose a two-stage virtual network embedding algorithm NA-PVNM. In node embedding stage, resource requirement and breadth first search algorithm are introduced to sort virtual nodes, and a node fitness function is developed to find the best substrate node. In link embedding stage, a path fitness function is developed to find the best path in which available bandwidth, CPU and path length are considered. Simulation results showed that the proposed algorithm could shorten link embedding distance, increase the acceptance ratio and revenue to cost ratio compared to previously reported algorithms. We also analyzed the impact of position constraint and substrate network attribute on algorithm performance, as well as the utilization of the substrate network resources during embedding via simulation. The results showed that, under the constraint of substrate resource distribution and virtual network requests, the critical factor of improving success ratio is to reduce resource consumption during embedding.

Grant-Free Random Access in Multicell Massive MIMO Systems with Mixed-Type Devices: Backoff Mechanism Optimizations under Delay Constraints

  • Yingying, Fang;Qi, Zhang
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.17 no.1
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    • pp.185-201
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    • 2023
  • Grant-free random access (GFRA) can reduce the access delay and signaling cost, and satisfy the short transmission packet and strict delay constraints requirement in internet of things (IoT). IoT is a major trend in the future, which is characterized by the variety of applications and devices. However, most existing studies on GFRA only consider a single type of device and omit the effect of access delay. In this paper, we study GFRA in multicell massive multipleinput multiple-output (MIMO) systems where different types of devices with various configurations and requirements co-exist. By introducing the backoff mechanism, each device is randomly activated according to the backoff parameter, and active devices randomly select an orthogonal pilot sequence from a predefined pilot pool. An analytical approximation of the average spectral efficiency for each type of device is derived. Based on it, we obtain the optimal backoff parameter for each type of devices under their delay constraints. It is found that the optimal backoff parameters are closely related to the device number and delay constraint. In general, devices that have larger quantity should have more backoff time before they are allowed to access. However, as the delay constraint become stricter, the required backoff time reduces gradually, and the device with larger quantity may have less backoff time than that with smaller quantity when its delay constraint is extremely strict. When the pilot length is short, the effect of delay constraints mentioned above works more obviously.

The Optimal Tracking Error of Active Stock Fund by Smart Beta Strategy (스마트 베타 전략에 따른 액티브 주식형 펀드의 최적 추적오차)

  • Jae-Hyun Lee
    • Asia-Pacific Journal of Business
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    • v.13 no.4
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    • pp.163-175
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    • 2022
  • Purpose - This study introduces a methodology for finding the optimal tracking error of active stock funds. Tracking error is commonly used in risk budgeting techniques as a concept of cost for alpha creation. Design/methodology/approach - This study uses a post-optimal smart beta portfolio that maximizes alpha under the given tracking error constraint. Findings - As a result of the analysis, the smart beta strategy that maximized alpha under the constraint of 0.15% daily tracking error shows the highest IR. This means the maximum theoretically achievable efficiency. In this regard, a fixed-effect panel regression analysis is conducted to evaluate the active efficiency of domestic stock funds. In addition to control variables based on previous studies, the effect of tracking error on alpha is analyzed. The alpha used in this model is calculated using the smart beta portfolio according to the size of the constraint of the tracking error as a benchmark. Contrary to theoretical estimates, in Korea, the alpha performance is maximized under a daily tracking error of 0.1%. This indicates that the active efficiency of domestic equity funds is lower than the theoretical maximum. Research implications or Originality - Based on this study, it is expected that it can be used for active risk management of pension funds and performance evaluation of active strategies.