• Title/Summary/Keyword: Economic loss

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Determination of Optimum Process Mean and Screening Limits for Production Processes with Multi - Decision Alternatives (다결정 대안을 갖는 생산공정에서 최적공정평균 및 스크리닝 한계선의 결정)

  • Hong, Sung-Hoon;Kwon, Hyuck-Moo;Kim, Sang-Boo;Lee, Min-Koo
    • Journal of Korean Institute of Industrial Engineers
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    • v.25 no.3
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    • pp.336-341
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    • 1999
  • The problem of jointly determining the optimum process mean and screening limits for each market is considered in situations where there are several markets with different price/cost structures. The quality characteristic is assumed to be a normal distribution with unknown mean and known variance. A quadratic loss function is utilized for developing the economic model. Methods of finding the optimum process mean and screening limits are presented and a numerical example is given.

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Climate protection and soil protection-policy trends in the European Union (기술사마당: 기술자료 -기후보호와 토양보호-유럽연합의 정책동향)

  • Lee, Teong-Heui
    • Journal of the Korean Professional Engineers Association
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    • v.43 no.6
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    • pp.39-45
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    • 2010
  • Soil plays a huge role in climate change, because even a tiny loss of 0.1% of carbon emitted into the atmosphere from European soils is the equivalent to the carbon emission of 100million extra cars on Europe's roads - an increase of about half of the existing car fleet. Soils contain around twice the amount of carbon in the atmosphere and three times the amount to be found in vegetation. Europe's soils are an enormous carbon reservoir, containing around 75billion tonnes, and poor management can have serious consequences. Soil degradation is accelerating across the EU, with negative effects on human health, ecosystems and climate change - and on economic prosperity and quality of life. Climate change is identified as a common element in many soil threats. Europe's soils urgently need better protection. The current trend of soil degradation needs to be reversed, and soil management practices must be improved if a high rate of soil carbon sequestration is to be achieved.

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Study on Seismic Performance Evaluation of Existing Apartment with Wall Type (벽식 노후 공동주택의 내진성능평가에 관한 연구)

  • Jeong Chul-Hwa;Chung Lan
    • Proceedings of the Korea Concrete Institute Conference
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    • 2004.05a
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    • pp.52-55
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    • 2004
  • Before incorporating the earthquake-resistance design in design code(998), most of existing residential buildings were built without having lateral resistance capacity in addition to their structural peculiarity such as exterior stair ways, exterior elevator room. For these reasons, the retrofitting research demands for existing buildings arise recently and many retrofitting methods are proposed. These tasks are important to reduce the enormous economic loss and environmental issues. In this study, Scaled residential buildings with/without lateral resistance were tested and monitored with external lateral load especially toward the longer side of the building. From these experiments, enhanced retrofitting methods of old shear wall system are proposed and also compared with structural analysis.

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A Study on Reliability Analysis of Substation Automation System (변전소 자동화 시스템의 신뢰도 해석에 관한 연구)

  • Park, Chul-Won
    • The Transactions of the Korean Institute of Electrical Engineers P
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    • v.64 no.4
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    • pp.281-285
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    • 2015
  • Electrical energy supply interruption degrades reliability of power supply as well as social costs and economic loss. It is important to assess the reliability of the power system. Nowadays IEC61850 based substation automation system(SAS) has been developed for an updating of automation and interoperability. In this study, three kinds of reliability block diagram(RBD) were proposed to examine of network availability of the three types SAS. And reliability and unreliability of the SAS was formulated using the RBD. Finally, while varying the value of reliability and unreliability, the reliability and the unreliability of the overall system were evaluated.

The analysis for flooding prevention countermeasures of Electrical facility and Transformer Vault on Foreign (국외 수변전실 및 지상 전력기기 침수방지 대책에 관한 조사연구)

  • Kim, Gi-Hyun;Lee, Sang-Ick;Jean, Hyun-Jae;Bae, Suk-Myong;Lee, Jae-Young
    • Proceedings of the KIEE Conference
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    • 2008.09a
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    • pp.305-307
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    • 2008
  • Inundation of substation and ground power equipment breaks out every summer season in low-lying downtown and low-tying shore by heavy rain, typhoon and tidal wave. In case inundation excluding the exchanging cost of equipment, it occurs a great economic and social loss owing to recovery time and events of electric shock occur by inundation electrical equipment (Pad-mounted Transformer and Switch). So we research the flooding prevention countermeasures of electrical facility and Transformer Vault on Foreign. We conform the site facility and related regulation for flooding prevention on Foreign.

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Study on the Persistent Wage Losses of Displaced Workers (실직으로 인한 임금 손실과 지속 원인에 대한 연구)

  • Park, Young Hyun
    • Journal of Labour Economics
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    • v.33 no.1
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    • pp.53-84
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    • 2010
  • This paper investigates the wage losses of displaced workers, using data from the Korean Labor & Income Panel Study. Previous Korean studies were only to estimate the wage losses shortly after job displacement. However, if the wage losses persist, those results seem to under-estimate the effects of displacement. Our findings show that the wage reductions are quite persistent 4 years after displacement. And much of this persistence can be explained by the lost labor market experience (lost opportunities to accumulate generalized skills) and additional job losses in the years following an initial displacement.

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Some Considerations on the P.I.D. type Autopilot (P.I.D.형 바동조타장치에 대한 약간의 고찰)

  • 이철영;김시화;김환수
    • Journal of the Korean Institute of Navigation
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    • v.9 no.2
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    • pp.13-26
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    • 1985
  • The purpsoe of automatic steering system is to keep the ship's course stable with the minimum course error and rudder angle, and there have been a number of studies as to the optimal design and adjustment of the autopilot. Recently, modern control theories are being used widely in analyzing and designing the system. When a ship is at sea, autopilot installed on the ship plays an important role, particularly in the respect of economic aspects, that is, when the design and the adjustment of adjustable parameters are not conducted perfectly, the amount of loss in energy and the extension of sailing distance become large. Therefore the optimal design and adjustment of a autopilot are very important. Though P.I.D type autopilots are widely spread and generally used in modern ships, the suitability and the adjusting method are not clarified. In this paper the authors considered the stabilaity and the economical efficiency of the P.I.D. type autopilot and investigated various facts which should be considered at the time of designing and using the P.I.D. type autopilot through the digital computer simulation.

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A Novel DC Solid-State Circuit Breaker for DC Grid (DC Grid를 위한 새로운 구조의 DC Solid-State Circuit Breaker)

  • Kim, Jin-Young;Kim, In-Dong;Nho, Eui-Cheol
    • The Transactions of the Korean Institute of Power Electronics
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    • v.17 no.4
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    • pp.368-376
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    • 2012
  • According to developed distributed generators, Solid State Circuit Breaker(SSCB) is essential for high power quality of DC Grid. In this paper, a simple and new structure of DC SSCB with a fast circuit breaker and fault current limiter is proposed. It can help to choice low specification of elements because of the limiting of fault current and achieve economic efficiency for minimizing auxiliary SCRs. Also all of SCRs have little switching loss because they operate under ZVS and ZCS. Through simulations and experiments of short-circuit fault, the performance characteristic of proposed circuit is verified and a guideline is so suggested that the DC SSCB is applied for a different DC grid using formulas.

Automatic Design Supporting System for Automobile Stamping Tool (자동차 프레스 금형 자동 설계 지원 시스템)

  • Jeong, Hyo-Sang;Lee, Seong-Su
    • Journal of the Korean Society for Precision Engineering
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    • v.19 no.8
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    • pp.194-202
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    • 2002
  • Die design of bonnet drawing is composed of upper die, lower die and blank holder. It has been performed by checked and re-design method, which cause economic and financial loss. Nowadays, CAD/CAM system is excellent, but application is low. Therefore, in specific item, drawing die of bonnet outer draw by 3-D lay-out. In this study purpose, Bonnet drawing die is designed rapidly, correctly. It's method that shape modify to resemble. This purpose lead to 3-D Lay-Out. It is to react the standard die. In rule relation, input data change all of the shape.

Pricing in ATM network with feedback

  • Kim, Hyoun-Jong
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 1996.10a
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    • pp.186-189
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    • 1996
  • In most of the recent research literature, network performance is expressed in terms of network engineering measures such as delay or loss. These performance measures are important to network owners and operators, but it is believed that user preferences should be the primary consideration which drives the resource allocation scheme. A network is only as valuable as its users perceive it to be. Therefore, it is advocated that the users themselves determine relative traffic priorities. This paper describes the role of feedback in network resource allocation, which could be part of a user-oriented framework for network operation and control. Feedback mechanism can also be used to improve the two types of efficiency in the network; network efficiency and economic efficiency.

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