• Journal of the Korean Society of Combustion
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• v.18 no.3
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• pp.44-53
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• 2013

In this study, the economic evaluation for imported coals was conducted for power plant based on thermo-dynamical performance analysis. The number of coal types considered was 1,755 imported by five power generation companies in Korea during the 2010-2012. The higher heating value (HHV) of the coals ranged 4,000-6,500 kcal/kg, mostly sub-bituminous. The 1D thermo-dynamical performance modeling was performed for a 500 MWe standard power plant using PROATES code. It was founded that the low rank coals had negative effects on the plant efficiency mainly due to the increased heat loss by moisture, hydrogen and flue gas. Based on the performance analysis, the economic performance of the coals was evaluated. The apparent price of low-rank coals tended to be significantly lower than design coal; for example, the unit price of coal with a HHV of 4,000 kcal/kg was 57% of the reference coal having 6,080 kcal/kg. Considering the negative effects leading to a decrease in the thermal performance, heating value compensation, and increased parasite load, the corrected unit cost for the coal with 4,000 kcal/kg was 90.7% of the reference coal. Overall, the cost saving by imported coals was not high as expected.

• Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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• v.29 no.8
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• pp.83-89
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• 2015

This study suggests the methodology to decide the number and adequate capacity of substation transformer in a large-scale offshore wind farm (OWF). The recent trend in transformer capacity of offshore substation is analyzed in many European offshore wind farm sites prior to entering the studies. In order to carry out the economic evaluation for the transformer capacity we present the cost models which consist of investment, operation, and expected energy not supplied (EENS) cost as well as the probabilistic wind power model of wind energy that combines the wind speed with wind turbine output characteristics for a exact calculation of energy loss cost. Economic assessment includes sensitivity analysis of parameters which could impact the 400-MW OWF: average wind speed, availability, discount rate, energy cost, and life-cycle.

• Journal of the Korea Society of Computer and Information
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• v.24 no.3
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• pp.29-39
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• 2019

In this study, we introduce a model that satisfies energy efficiency and economical efficiency by introducing and demonstrating cogeneration generators in industrial complexes using various actual data collected at the site. The proposed model is composed of three scenarios, ie, full - time operation, scenario operated according to demand, and a fusion type. In this study, the power generation profit and surplus thermal energy are measured according to the operation of the generator, and the thermal energy is traded according to the demand of the customer to calculate the profit and loss including the heat and evaluate the economic efficiency. As a result of the study, it is relatively profitable to reduce the generation of the generator under the condition that the electricity rate is low and the gas rate is high, while the basic charge is not increased. On the contrary, if the electricity rate is high and the gas rate is low, The more you start up, the more profit you can see. These results show that even a cogeneration power plant with a low economic efficiency due to a low "spark spread" has sufficient economic value if it can sell more than a certain amount of heat energy from a nearby customer and adjust the applied power through peak management.

• Journal of English Language & Literature
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• v.64 no.4
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• pp.629-649
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• 2018

To date, one of the prevailing criticisms of Daniel Defoe's Robinson Crusoe has seen the adventure novel as a celebration of the rise of mercantile capitalism and the beginnings of colonialism. From this point of view, the Englishman has often been interpreted as an early embodiment of the concept of the sovereign economic subject. Prominent social critics who took up this interpretation have included Karl Marx, Max Weber, and Jean-Jacques Rousseau. Within literary studies proper, the work of Ian Watt offered perhaps the earliest version of this point of view of the novel. Influenced by both Weber and Rousseau, Ian Watt argued that Defoe's wandering protagonist embodies the rise of economic individualism. More recent criticism has tended to challenge this dominant interpretation by laying greater stress on such countervailing factors as Crusoe's mental uncertainty and inner conflict. Drawing inspiration from Fredric Jameson's diagnosis of the ills of late capitalism, this paper analyzes the ways in which Defoe's hero, rather than championing modern rationality, can in fact be seen as suffering from many forms of emotional psychosis. Robinson Crusoe can, after all, be better viewed as a contradictory multi-layered text that, despite its outward valorization of economic individualism, portrays its hero as a victim of negative capitalistic forces, a hero driven by his desire to possess but haunted by a fear of loss, a hero who flaunts inflated feelings of self-worth even as he reveals deflated notions of material insecurity and mental persecution.

• Earthquakes and Structures
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• v.22 no.2
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• pp.109-120
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• 2022

Older or damaged structures can require significant retrofit to ensure they perform well in subsequent earthquakes. Supplemental damping devices are used to achieve this goal, but increase base shear forces, foundation demand, and cost. Displacement reduction without increasing base shear is possible using novel semi-active and recently-created passive devices, which offer energy dissipation in selected quadrants of the force-displacement response. Combining these devices with large, strictly passive energy dissipation devices can offer greater, yet customized response reductions. Supplemental damping to reduce response without increasing base shear enables a net-zero base shear approach. This study evaluates this concept using two incremental dynamic analyses (IDAs) to show displacement reductions up to 40% without increasing base shear, more than would be achieved for either device alone, significantly reducing the risk of response exceeding the unaltered structural case. IDA results lead to direct calculation of reductions in risk and annualized economic cost for adding these devices using this net-zero concept, thus quantifying the trade-off. The overall device assessment and risk analysis method presented provides a generalizable proof-of-concept approach, and provides a framework for assessing the impact and economic cost-benefit of using modern supplemental energy dissipation devices.

• Journal of computational fluids engineering
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• v.21 no.2
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• pp.40-46
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• 2016

In the paper, a study on the analysis of fouling effect of the venturi flowmeter is described. In the research flow field solutions about the venturi flowmeter with fouling are obtained and then the effects on fouling states by inserting a ring into the throat of venturi flowmeter are studied. As the result shows, it is found that the inserted ring reduces the fouling effect due to the flow separation occurring at the ring. Consequently, a venturi flowmeter with ring shows smaller pressure loss differences than the original configuration with no ring on fouling state. This research suggests an efficient and economic method of inserting a ring to reduce the pressure loss effects due to fouling.

• Journal of Korean Institute of Industrial Engineers
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• v.39 no.2
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• pp.143-148
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• 2013

In FMEA, occurrence and detectability are not related to only failure modes itself but also their causes. It is assumed that any failure occurs after at least one cause corresponding to failure occurs in advance. Occurrence of the failure mode is described by occurrence time of its cause and elapsed time to the actual failure. Under the periodic monitoring plan, the monitoring interval is another factor to determine the detectability and occurrence of each failure mode. When a failure cause occurs, the failure does not occur if the cause is identified and remedied before it actually occurs. Under this situation, we construct an economic model for prioritizing failure modes. The loss function is based on the unfulfilled mission period. We also provide an optimal monitoring plan with an illustrative example.

• Health Policy and Management
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• v.28 no.2
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• pp.162-167
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• 2018

Background: In this research, we conducted an analysis to grasp the relationship between hearing and quality of life and to prepare effective troubleshooting. Methods: In this study, we analyzed using the data of the 6th term of the National Health and Nutrition Survey of the Disease Management Headquarters. And, out of 7,380 people, 3,598 adults over the age of 40 years who participated in the hearing test were selected as final research subjects and analyzed. Results: It was confirmed that the result of the analysis affects the quality of life based on hearing. The quality of life associated with hearing loss was unpleasant, motor ability, anxiety/depression, and everyday life affected in order of self management. And factors having an effect on the quality of life of the study subjects were found to be gender, elderly, unmarried, low hearing, low household income, absence of economic activity, and low teaching standards. Conclusion: The conclusion is that strengthening education for realistic management and prevention rather than treatment for unconditional hearing impairment will overcome low self esteem and loneliness and alleviate any uncomfortable life that people with hearing loss give. It is expected to be possible.

• The Journal of Asian Finance, Economics and Business
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• v.7 no.3
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• pp.157-165
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• 2020

This paper estimates the optimum level of reserves in Vietnam based on the approach of reserves' cost-benefit and sovereign risk which is one of developing countries' characteristics. The cost of reserves is the opportunity cost when holding reserves. The benefit of reserves is the loss due to country's default in case that there is no reserves to finance external debt payment. The optimum reserves is found out by minimizing the total of opportunity cost and loss due to country's default with the probability of default. Through the usage of HP Filter method for calculating the loss due to country's default, ARDL regression for the risk premium model and lending rate of VND as proxy for opportunity cost together with the Vietnamese economic data in the period of 2005 - 2017, the empirical results show that the optimum reserves in Vietnam is almost higher than the actual reserves during the research period except the point of Q3/2008 and the last point of research period - Q4/2017. Therefore, Vietnam should continue to increase reserves for safety but Vietnam does not need pushing quickly the speed of increasing reserves. In addition, controlling Vietnamese optimum reserves is necessary to help the actual reserves become reasonable.

• Proceedings of the Korea Contents Association Conference
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• 2005.11a
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• pp.115-118
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• 2005

Leakage of waterworks pipe line net cause loss of water resources, additional foundation of pressurization facilities from pressure loss and soil weakening near leaked pipe line, etc. This is difficult to maintain and manage waterworks pipe line net and to cause serious economic loss. Rate of accounted water is better by monitoring always water pressure and flux, etc. from isolated region, positively dealing with leakage accident and preventing leakage from occurring. Actually after isolating region, average rate of accounted water in this region is 88.94% by continuously monitering control of water pressure and inflow rate. It is about 9.44% more than that of Busan metropolitan city in 2003, 79.5%.