• Journal of the Korea Society of Computer and Information
• /
• v.23 no.8
• /
• pp.133-142
• /
• 2018

Subway metro scheduling is one of the most important problems impacting passenger convenience today. To operate efficiently, the Seoul metro uses regular, periodic schedules for all lanes, both north and southbound. However, many past studies suggest that non-periodic scheduling would better optimize costs. Since the Seoul metro is continuously facing a deficit, adopting a non-periodic schedule may be necessary. Two objectives are presented; the first, to minimize the average passengers' waiting time, and the second, to minimize total costs, the sum of the passenger waiting time, and the operational costs. In this paper, we use passenger smart card data and a precise estimation of transfer times. To find the optimal time-table, a genetic algorithm is used to find the best solution for both objectives. Using Python 3.5 for the analysis, for the first objective, we are able to reduce the average waiting time, even when there are fewer trains. For the second objective, we are able to save about 4.5 thousand USD with six fewer trains.

• Industrial Engineering and Management Systems
• /
• v.8 no.4
• /
• pp.221-227
• /
• 2009

There are customer services jointly provided by two facilities so that each customer will complete the course made up of both facilities' sub-services. The two facilities are assumed invested respectively by an infrastructure owner and one subordinate facility owner, whose partnership is built on their capital investments. This paper presents a mathematical model of Stackelberg competition between the two facility owners to derive their optimal Nash equilibrium. In this study, each facility owner's profit is consisted of fixed revenue fractions of sold services, operating costs (including depreciation cost) and maintenance costs of her facility. The maintenance costs of one facility are incurred both by failures and deterioration due to usage. Moreover, for both facilities, failures are rectified immediately by minimal repairs and preventive maintenance is carried out at a fixed time epoch. Additional assumptions are also employed to develop the model such as customer arrivals are manipulated to follow a Poisson process, and each facility's lifetime is independently Weibull-distributed. The Stackelberg game proceeds as follows. At the first stage of decision making process, the infrastructure owner (acting as a leader) decides the allocation of revenue shares based on her self-interest. After observing the allocation of revenue shares, the subordinate facility owner determines her own optimal price of services. This paper investigates actions and reactions of the two partners in the system. Then analytical conditions are proposed to achieve a unique optimal Nash equilibrium. Finally, some suggestions for further research are discussed.

• Journal of the Korea Academia-Industrial cooperation Society
• /
• v.13 no.3
• /
• pp.1091-1098
• /
• 2012

From the perspective of risk management, financial organization that have issued ELW require an efficient hedging methodology due to recently increased trade volume of ELW. This study presents an ELW hedging methodology using artificial neural network(ANN) to minimize hedging costs. The performance of the presented methodology in this study is examined by analysis utilizing the prices and volatilities of underlying assets, risk free interest rates, and maturities and computational experiments show that the proposed method is superior to existing dynamic delta hedging(DDH) technique in terms of hedging costs ranged from 25% to 250%.

• Proceedings of the KIEE Conference
• /
• 2005.07a
• /
• pp.90-92
• /
• 2005

This paper addresses the analysis of interruption costs and the studies made through the direct interview with Korean Industrial customers for the period of two years. It is conducted to evaluate the direct and short duration interruption costs resulting from local random electrical supply interruptions. The cost is evaluated by providing a designed questionnaire focused on the experience or the preparative actions which consumers predicted they would take. In the first phase, authors made a survey on all types of industry with 176 industrial customers and evaluated them as per standard industry classification (SIC). In that case, the evaluation data obtained are not so reasonable, because the number of sampled industries was small and the sampled industries were surveyed by being divided into 18 types. So, in the second phase the authors concentrated on only 4 types of 302 industries who have many and large sensitive loads to the short duration interruption.

• Korean Journal of Air-Conditioning and Refrigeration Engineering
• /
• v.30 no.4
• /
• pp.167-174
• /
• 2018

The geothermal heat pump systems were installed for heating and cooling of public buildings in Jincheon Eco-friendly Energy town. The heat pump system was operated at night to save on operational costs, and the cold heat was stored in thermal energy storage (TES). In this study, the performance of geothermal heat pump systems with the TES during the summer season was analyzed, and the operational costs with and without the TES were compared. The electric chiller model was used to simulate a heat pump applied without the TES system. Electric rates of each system were measured to calculate operational costs. When the TES is used in the air conditioning system, the electric load (30.4 MWh) calculated in the daytime can move to off-peak load time, and the operational cost is reduced by 36~54%.

• Journal of Environmental Policy
• /
• v.12 no.2
• /
• pp.33-57
• /
• 2013

This paper test the relationship among determinants of environmental investments, level of environmental investments, eco-efficiency (carbon productivity). The results show that profitability, leverage and R&D costs have a negative impact on environmental investments, and controlling ownership have a positive impact on environmental investments as well as environmental protection costs. The analysis also show that firms increasing environmental investments are able to gain superior environmental performance ($CO_2$ emission), but are negatively relationship with financial performance. Finally, the findings prove that differences exist in the relationship between determinants and effect of environmental investments when grouped by industry characteristics.

• Proceedings of the IEEK Conference
• /
• 2001.10a
• /
• pp.59-64
• /
• 2001

On July 5, 1997, environmental Protection Administration of Taiwan publicized the recycling regulation of waste home appliances that include four items, namely, television, refrigerator, washing machine, and air conditioner. It is believed that this regulation pioneers the law enforcement of waste home appliances in the world. To comply with tile policy, several contemporary waste disposal plants specialized in waste home appliances were established according to a follow-up technical specification oil the waste treatment facilities and methodology. Therefore, the traditional dismantling facilities were substituted and waste collection routes were altered as well accordingly. This study investigates the collection and recycling costs of waste home appliances in accordance with these newly established routes and facilities, respectively. Cost survey was conducted among collectors and recycling plants of waste home appliances; consequently, tire collection and recycling costs were analyzed, correspondingly. Results show that the recycling costs of waste home appliances were much higher than that of other waste items. Since the market share of recycled materials is lacking, these waste recycling plants of home appliances can only survive under the subsidy of EPA in Taiwan. Due to some arduous problems, the subsidiary system has already caused serious financial unbalance for a foundation under EPA of Taiwan, which associated with waste recycling in Taiwan.

• The Korean Journal of Health Service Management
• /
• v.8 no.4
• /
• pp.209-220
• /
• 2014

This study found a relationship between the characteristics of the elderly with disabilities and extra health care monthly costs caused by disability and suggests methods for effectively managing health care spending of the elderly with disabilities. This study used data from the 2011 Survey on the Disabled conducted by the Ministry of Health and Welfare and the Korea Institute for Health and Social Affairs. The results of the analysis indicate that the relations between the socio-demographic characteristics of the elderly with disabilities and extra health care monthly costs caused by disability of the elderly are influenced by factors such as gender, age, members of the household, average monthly income and type of health insurance. Elderly people with disabilities spend too much for their medical care. To solve this problem, the government needs to find a variety of policy approaches to improve administrative procedure, establish a medical delivery system and enhance health care services.

• Journal of Forest and Environmental Science
• /
• v.32 no.2
• /
• pp.173-181
• /
• 2016

This study designed a model of the efficient production schemes and raw materials transportation optimization of current South Korean's simple and monolithic distribution system of wood to build a SCM (supply chain management) as a basic level to establish a distribution of future by pellet production of raw materials costs and reduce transport costs, and specifically to forest of pallet to contribute to revitalizing the market. The result of each transportation costs after building the best transportation network from raw material supply area to demand area applying transport law was 964,600 thousands Won from 6 supply areas to 7 demand areas. And the result of each model's analysis to get the pellet's efficient production through production cost reduction showed that it reduced from 325,701 Won/t to 240,106 Won/t, results of existing efficient pellet for the production model 8,233 tons over 20,000 tons annual production capacity from the size of the expanded production capacity when the expansion. However, when the production size expanded to 50,000 Tons of the production, the effect was very small even though production cost decreased.

• Membrane and Water Treatment
• /
• v.4 no.4
• /
• pp.237-249
• /
• 2013

Ultra-pure water (UPW), a highly treated water free of colloidal material and of a conductivity less than 0.06 ${\mu}S$, is an essential component required by modern industry. One of the methods for UPW production is the electrodialysis-ion exchange (ED/IE) system, in which the electrodialysis (ED) process is used as a preliminary demineralization step. The IE step can be replaced with electrodeionization (EDI) to decrease the volume of post-regeneration lyes. In this paper, the electrodialysis process carried out to relatively low diluate conductivity was investigated and the costs of UPW production were calculated. The optimal value of desalination degree by ED in the ED/IE and ED/EDI systems was estimated. UPW unit costs for integrated ED/IE and ED/EDI systems were compared to simple ion exchange and other methods for UPW production (RO-IE, RO-EDI). The minimal UPW unit costs in ED/EDI integrated system were estimated as $0.37/$m^3$ for feed TDS 600 mg/L and $0.36/$m^3$ for feed TDS 400 mg/L at 64 $m^3/h$ capacity, which was lower than in the comparable ED/IE integrated system ($0.42-0.44/$m^3$). The presented results suggest that an ED/EDI integrated system may be economically viable.