• Environmental and Resource Economics Review
• /
• v.14 no.4
• /
• pp.817-838
• /
• 2005

In this paper, the resource adequacy as well as the optimum fuel mix is obtained by the following procedures. First, the regulation body, the government agency, determine the reliability index as well as the optimum portfolio of the fuel mix during the planning horizon. Here, the resources with the characteristics of public goods such as demand-side management, renewable resources are assigned in advance. Also, the optimum portfolio is determined by reflecting the economics, environmental characteristics, public acceptance, regional supply and demand, etc. Second, the government announces the required amount of each fuel-type new resources during the planning horizon and the market participants bid to the government based on their own estimated fixed cost. Here, the government announces the winners of the each auction by plant type and the guaranteed fixed cost is determined by the marginal auction price by plant type. Third, the energy market is run and the surplus of each plant except their cost (guaranteed fixed cost and operating cost) is withdrew by the regulatory body. Here, to induce the generators to reduce their operating cost some incentives for each generator is given based on their performance. The performance is determined by the mechanism of the performance-based regulation (PBR). Here the free-riding performance should be subtracted to guarantee the transparent competition. Although the suggested mechanism looks like very regulated one, it provides two mechanism of the competition. That is, one is in the resource construction auction and the other is in the energy spot market. Also the advantages of the proposed method are it guarantee the proper resource adequacy as well as the desired fuel mix. However, this mechanism should be sustained during the transient period of the deregulation only. Therefore, generation resource planning procedure and market mechanisms are suggested to minimize possible stranded costs.

• Korean Journal of Agricultural Science
• /
• v.38 no.1
• /
• pp.183-190
• /
• 2011

The paper is to analyze multi-attributes for expanding new renewable energy in agricultural sectors which have environmental, technical, economic, and social factors consisting of 15 attributes which have both positive and negative impacts. We applied the analytic hierarchy process (AHP) to data from opinion polls. As a result of the AHP survey, the overall results indicate that the respondents more weight on economical factor than environmental, technical, and social factors for expanding new renewable energy. At the lowest level, a comparison of individual 15 attributes within three factors shows that fixed cost highest in multi-attributes, followed by operating cost, technical superiority. To achieve the public acceptance about expanding new renewable energy in agricultural sectors, the policy-makers should take all relevant factors into account through the decision-making process by the public opinions.

• The Transactions of the Korean Institute of Electrical Engineers B
• /
• v.55 no.6
• /
• pp.292-298
• /
• 2006

Because of the high cost for the active power filter, passive filters have been widly used to eliminate harmonic currents of nonlinear load and can also improve the power factor. They are not often optimal filters because the passive filters are designed under the fixed load conditions. In this paper we proposed the method which only the necessary harmonic filters are operated by detecting the various harmonic current components. We presents the new control method of passive filter selection type with the relay control circuit which is consist of analog GIC, comparater, flip-flop and etc. By the experimental results using the proposed system for the rectifier load, we concluded that the researched method is cost effective and the performance is better than the passive filter.

• Proceedings of the Korean Society of Precision Engineering Conference
• /
• 2004.10a
• /
• pp.530-536
• /
• 2004

In this paper a servo-system is developed to improve straightness of linear motor stages. When a linear motor stage is used for high-precision linear motion systems, high precision straightness accuracy is necessary to meet the required position accuracy. In such cases, machining and assembling cost increases to improve the straightness accuracy. An electro-magnetic actuator which is relatively cost effective than any other conventional servo-systems is suggested to compensate the fixed straightness error. To overcome the compensation error due to the friction, a sliding mode control is applied. The effectiveness of the suggested mechanism and the control performance are illustrated along with some experimental results.

• Proceedings of the Safety Management and Science Conference
• /
• 2005.11a
• /
• pp.199-202
• /
• 2005

All machines and systems in a firm should be managed for optimizing its productivity. Actually, however, it is hard to manage the machines of a firm in collective methods because the company making each machine varies and the way maintaining each machine is various. As a machine Is out of order, the machine is fixed by the repair person from the company making the machine. Every time comes repair person to fix a machine firm having the machine would experience time loss and cost loss. Therefore, a firm needs to manage blueprint of their machine to reduce loss in time and cost and to maintain their facilities in TPM(Total Productive Management) to make operators manage directly. In this study, we suggest the method to manage a blueprint of a machine with TPM.

• Journal of the Korean Institute of Landscape Architecture
• /
• v.24 no.1
• /
• pp.55-64
• /
• 1996

The size of leisure space has been determined on the basis of the annual and peak day's number of visitor, turnover rate, and size per visitor. But the past models have no theoretical base and practical errors on the many cases. So, this study was carried out to build and test a new theoretical model for selecting a optimal size of theme park. The basic concept of the model building is the break-even point analysis of cost-volume-profit relation. That is, Gain-Loss of theme park is determined by marginal profit and fixed cost by size. YongIn Farmland was selected as a model test case.

• Proceedings of the Korean Operations and Management Science Society Conference
• /
• 2003.11a
• /
• pp.305-308
• /
• 2003

It is widely used that a network termination rate is calculated by using a Long Run Incremental Costing model. Interconnection Order issued Ministry of Information and Communication in Korea on December 2002 has declared that termination charges of local, national, payphone, and mobile calls are going to be determined by LRIC costing models after 2004. There are lots of preceding researches on a fixed network costing model for applying to LRIC method but on a mobile network not pretty much of them. Besides, Most important basis of current calculation models for termination charges are access costs to connect subscribers to network such as a local loop. In this paper, we look into being of access costs in mobile network and show the applicable standards for cost allocation of access costs in implementing LRIC costing model.

• Journal of Korean Society for Quality Management
• /
• v.29 no.2
• /
• pp.46-53
• /
• 2001

In this paper, a preventive maintenance(PM) policy for a repairable system is considered. The failure rate model proposed by Park et at.(2000) is generalized by assuming that after each PM not only the PM slows down the degradation process of the system but also reduces down the system failure rate by a certain fixed amount. Long-run expected cost rate of the PM policy is derived and the properties of joint solution of the optimal PM period and optimal number of PM which minimizes the expected cost rate are obtained. Numerical examples for the case of a Weibull-type failure rate are given.

• Journal of Korean Institute of Industrial Engineers
• /
• v.27 no.4
• /
• pp.328-336
• /
• 2001

In this paper, an approach is presented for determining the required storage capacity of a warehouse with leased public space. Storage assignment policies considered are randomized and class-based storage assignment policies. An analytic model for each of the storage policies is formulated with the objective of minimizing the cost of owned storage space and leased space while satisfying a desired service level of protection against space shortages. Cost functions used in the models are piecewise liear with fixed costs. For the models, algorithms are developed to generate optimal solutions. The approach is applied to the systems where the standard economic-order-quantity inventory model is used for all items being stored in the warehouse.

• Journal of the Korean Operations Research and Management Science Society
• /
• v.28 no.4
• /
• pp.115-129
• /
• 2003

This paper suggests that the profit sharing contract can be Pareto optimal for both supplier and the purchaser. It is shown that Pareto optimal risk sharing contract can be obtained even though the decisions are made in a decentralized manner. The effect of risk attitude of the members of the supply chain is discussed. We examined various aspects of the risk sharing contract such as risk altitude, bargaining power, and cost of information system. The different risk attitude changes the optimal parameters and decision variables. Especially, we proved that, when both the supplier and the purchaser are risk averse, the purchaser orders less quantity than when the one is risk neutral and the other is risk averse. If the fixed cost for the information system is big enough to satisfy a certain condition, it is Pareto optimal not to share the profit and the purchaser takes all the risk even though he is risk averse.