• Title/Summary/Keyword: Generalized Cost

Search Result 238, Processing Time 0.025 seconds

A Predictive Controller Based on the Generalized Minimum Variance Approach (일반화 최소분산법을 기초로 한 예측 제어기)

  • 한홍석;양해원
    • The Transactions of the Korean Institute of Electrical Engineers
    • /
    • v.37 no.8
    • /
    • pp.557-562
    • /
    • 1988
  • This paper presents a class of discrete adaptive controller that can be applied to a plant without sufficient a priori information. It is well known that the GMV(Generalized Minmum Variance) contrlller performs satisfactorily if the plant time delay is known. By introducing the long-range prediction into the GMV controller, robustness to the time delay can be improved, although optimality is lost. Such an idea motivates a predictive control system to be proposed here, where the system minimizes multi-stage cost via the GMV approach. Moreover, the detuning control weight is determined by an on-line tuning method. It is shown that robustness, computational efficiency, and performance of the resulting control system are improved as compared with those of the GPC(Generalized Predictive Control)system.

  • PDF

Generalized Partially Linear Additive Models for Credit Scoring

  • Shim, Ju-Hyun;Lee, Young-K.
    • The Korean Journal of Applied Statistics
    • /
    • v.24 no.4
    • /
    • pp.587-595
    • /
    • 2011
  • Credit scoring is an objective and automatic system to assess the credit risk of each customer. The logistic regression model is one of the popular methods of credit scoring to predict the default probability; however, it may not detect possible nonlinear features of predictors despite the advantages of interpretability and low computation cost. In this paper, we propose to use a generalized partially linear model as an alternative to logistic regression. We also introduce modern ensemble technologies such as bagging, boosting and random forests. We compare these methods via a simulation study and illustrate them through a German credit dataset.

Design of Multi-loop PID Controllers Based on the Generalized IMC-PID Method with Mp Criterion

  • Vu Truong Nguyen Luan;Lee Jie-Tae;Lee Moon-Yong
    • International Journal of Control, Automation, and Systems
    • /
    • v.5 no.2
    • /
    • pp.212-217
    • /
    • 2007
  • A new method of designing multi-loop PID controllers is presented in this paper. By using the generalized IMC-PID method for multi-loop systems, the optimization problem involved in finding the PID parameters is efficiently simplified to find the optimum closed-loop time constant in a reduced search space. A weighted sum Mp criterion is proposed as a performance cost function to cope with both the performance and robustness of a multi-loop control system. Several illustrative examples are included to demonstrate the improved performance of the multi-loop PID controllers obtained by the proposed design method.

The Multiple Traveling Purchaser Problem for Minimizing Logistics Response Time in Wartime (전시 군수반응시간 최소화를 위한 복수 순회구매자 문제)

  • Choi, Myung-Jin
    • Journal of the Korea Institute of Military Science and Technology
    • /
    • v.13 no.3
    • /
    • pp.431-437
    • /
    • 2010
  • It's strongly needed to minimize the logistics response time for supporting military operations in wartime. In this paper, we suggest the ILP formulation for minimizing logistics response time in wartime. Main structure of this formulation is based on the traveling purchaser problem(TPP) which is a generalized form of the well-known traveling salesman problem(TSP). In the case of general TPP, objective function is to minimize the sum of traveling cost and purchase cost. But, in this study, objective function is to minimize traveling cost only. That's why it's more important to minimize traveling cost(time or distance) than purchase cost in wartime. We find out optimal solution of this problem by using ILOG OPL STUDIO(CPLEX v.11.1) and do the sensitive analysis about computing time according to number of operated vehicles.

Empirical Analysis of Man-hour Data to Support a Cost-Plus Pricing Approach for Estimating BIM Service Costs

  • Koo, Bonsang;Lee, Ghang;Kim, Chung-woon;Shin, Byungjin
    • International conference on construction engineering and project management
    • /
    • 2015.10a
    • /
    • pp.660-661
    • /
    • 2015
  • Building Information Modeling (BIM) is a nascent technology in Korea, and currently lacks formal guidelines to assist Architectural and Engineering (AE) firms in estimating BIM service fees, while also allowing government agencies to allocate budgets for the rendered BIM services. This research provides a method to estimate costs for BIM services based on the cost-plus pricing framework. The approach requires a generalized estimate of the man hour per floor area data to calculate the direct labor costs. Man-hour data were collected from forty five projects that have implemented BIM. Interpolation of the man-hours was performed to develop a general reference table for 'Type 2' (i.e., public schools and office buildings, etc.) projects. By providing an objective approach for estimating the costs of BIM services, it allows clients and AE firms to agree upon a fair cost for BIM related services, and thus expedite its adoption in Korea.

  • PDF

HEDGING OPTION PORTFOLIOS WITH TRANSACTION COSTS AND BANDWIDTH

  • KIM, SEKI
    • Journal of the Korean Society for Industrial and Applied Mathematics
    • /
    • v.4 no.2
    • /
    • pp.77-84
    • /
    • 2000
  • Black-Scholes equation arising from option pricing in the presence of cost in trading the underlying asset is derived. The transaction cost is chosen precisely and generalized to reflect the trade in the real world. Furthermore the concept of the bandwidth is introduced to obtain the better rehedging. The model with bandwidth derived in this paper can be used to calculate the more accurate option price numerically even if it is nonlinear and more complicated than the models shown before.

  • PDF

An Estimation of Generalized Cost for Transit Assignment (대중교통 통행배정을 위한 일반화비용 추정)

  • Son, Sang-Hun;Choe, Gi-Ju;Yu, Jeong-Hun
    • Journal of Korean Society of Transportation
    • /
    • v.25 no.2 s.95
    • /
    • pp.121-132
    • /
    • 2007
  • This paper addressed the issue of a generalized cost model for transit assignment. The model composed of walk time, waiting time (including transfer waiting time), line-haul time, transfer walk time, and fare. The weights of each component were supposed to be calculated using the stated preference (SP) data, which were collected prudently in order to reflect reality. The marginal rate of substitution and wage rate were applied to calculate the weights. The results showed that the weight of walking time per in-vehicle travel time (IVTT) was 1.507, the weight of waiting time (per IVTT) was 1.749, that of transfer time (per IVTT) was 1.474, and that of fare (per IVTT) was 1.476 for trips between inner-city areas in Seoul. Weights for each component were identified as 1.871, 1.967, 1.015, and 0.857, respectively, for trips between Seoul and Gyeonggi. Statistical significance existed between two cases and each variable was also statistically significant. Transit assignment using the relative weights estimated in this study was implemented to analyze the travel index in a macroscopic and quantitative basis. The results showed that average total travel times were 30.23 minutes and 63.29 minutes and average generalized costs were 2,510 won and 3,880 won for trips between inner-city areas in Seoul and between Seoul and Gyeonggi, respectively.

The Calculation of the Effected Rate in Medical Insurance Fee Schedules according to Fluctuation of Foreign Currency Exchangerate through Cost Analysis in a University Hospital (환율변동에 따른 의료보험 진료수가의 영향률 산출 - 한 대학병원의 원가분석을 중심으로 -)

  • 박은철;박웅섭;김소윤;김한중;손명세;임종건;김영삼
    • Health Policy and Management
    • /
    • v.8 no.2
    • /
    • pp.76-87
    • /
    • 1998
  • This study analyzed the effect of foreign currency exchange rate on the increasing rate of medical care cost by items of fee schedule of Korean Medical Insurance. This study uses the data of cost analysis including cost of imported goods and the data of for a university hospital National Federation's Medical Insurance for a trend of claim. The method of cost analysis is as same as that used in the study of the development of Korean RBRVS(Resource Based Relative Valus Scale). The main findings of this study are as follows; 1. The proportion of imported goods in cost related to Medical Insurance fee schedule is 7.93%, and in case of substitution of available domestic goods 6.96%. 2. If foreign currency exchange rate changes from 800wen per $1 to 1,300won, the affecting rate of Medical Insurance fee schedules is 5.00%. If the imported goods will be substituted with available domestic goods, the rate 4.35%. Our results can be used a data for updating Medical Insurance fee schedule. But this result is limited to be generalized, because this study used the cost analysis for a university hospital.

  • PDF

Structural identification based on substructural technique and using generalized BPFs and GA

  • Ghaffarzadeh, Hosein;Yang, T.Y.;Ajorloo, Yaser Hosseini
    • Structural Engineering and Mechanics
    • /
    • v.67 no.4
    • /
    • pp.359-368
    • /
    • 2018
  • In this paper, a method is presented to identify the physical and modal parameters of multistory shear building based on substructural technique using block pulse generalized operational matrix and genetic algorithm. The substructure approach divides a complete structure into several substructures in order to significantly reduce the number of unknown parameters for each substructure so that identification processes can be independently conducted on each substructure. Block pulse functions are set of orthogonal functions that have been used in recent years as useful tools in signal characterization. Assuming that the input-outputs data of the system are known, their original BP coefficients can be calculated using numerical method. By using generalized BP operational matrices, substructural dynamic vibration equations can be converted into algebraic equations and based on BP coefficient for each story can be estimated. A cost function can be defined for each story based on original and estimated BP coefficients and physical parameters such as mass, stiffness and damping can be obtained by minimizing cost functions with genetic algorithm. Then, the modal parameters can be computed based on physical parameters. This method does not require that all floors are equipped with sensor simultaneously. To prove the validity, numerical simulation of a shear building excited by two different normally distributed random signals is presented. To evaluate the noise effect, measurement random white noise is added to the noise-free structural responses. The results reveal the proposed method can be beneficial in structural identification with less computational expenses and high accuracy.

Efficient Multicast Routing on BCube-Based Data Centers

  • Xie, Junjie;Guo, Deke;Xu, Jia;Luo, Lailong;Teng, Xiaoqiang
    • KSII Transactions on Internet and Information Systems (TIIS)
    • /
    • v.8 no.12
    • /
    • pp.4343-4355
    • /
    • 2014
  • Multicast group communication has many advantages in data centers and thus is widely used by many applications. It can efficiently reduce the network traffic and improve the application throughput. For the multicast application in data centers, an essential problem is how to find a minimal multicast tree, which has been proved to be NP-hard. In this paper, we propose an approximation tree-building method for the minimal multicast problem, named HD(Hamming Distance)-based multicast tree. Consider that many new network structures have been proposed for data centers. We choose three representative ones, including BCube, FBFLY, and HyperX, whose topological structures can be regarded as the generalized hypercube. Given a multicast group in BCube, the HD-based method can jointly schedule the path from each of receiver to the only sender among multiple disjoint paths; hence, it can quickly construct an efficient multicast tree with the low cost. The experimental results demonstrate that our method consumes less time to construct an efficient multicast tree, while considerably reduces the cost of the multicast tree compared to the representative methods. Our approach for BCube can also be adapted to other generalized hypercube network structures for data centers after minimal modifications.