• Journal of Korean Institute of Industrial Engineers
• /
• v.34 no.4
• /
• pp.398-407
• /
• 2008

We consider a product recovery system that a single product is stocked in order to meet a demand from customers who may return products after usage. This paper addresses a problem of when to release a procurement process to replenish serviceable inventory and how many new products to procure. The structure of the optimal procurement policy is examined and numerically identified as a monotonic threshold curve. A numerical procedure is presented to jointly find the optimal procurement order size, optimal procurement policy, and optimal discounted profit. Sensitivity analysis also indicates that these optimal performance measurements have monotonic properties with respect to system parameters.

• Journal of Korean Society for Quality Management
• /
• v.45 no.4
• /
• pp.889-902
• /
• 2017

Purpose: The orthogonality and trace optimal properties are desirable for constructing designs of experiments. This article focuses on the determination of the sizes of experiments for the balanced trace optimal resolution-V fractional factorial designs for 2-level factorial designs, which have near-orthogonal properties. Methods: In this paper, first we introduce the trace optimal $2^t$ fractional factorial designs for $4{\leq}t{\leq}7$, by exploiting the partially balanced array for various cases of experimental sizes. Moreover some orthogonality criteria are also suggested with which the degree of the orthogonality of the designs can be evaluated. And we appraise the orthogonal properties of the introduced designs from various aspects. Results: We evaluate the orthogonal properties for the various experimental sizes of the balanced trace optimal resolution-V fractional factorial designs of the 2-level factorials in which each factor has two levels. And the near-orthogonal 2-level balanced trace optimal resolution-V fractional factorial designs are suggested, which have adequate sizes of experiments. Conclusion: We can construct the trace optimal $2^t$ fractional factorial designs for $4{\leq}t{\leq}7$ by exploiting the results suggested in this paper, which have near-orthogonal property and appropriate experimental sizes. The suggested designs can be employed usefully especially when we intend to analyze both the main effects and two factor interactions of the 2-level factorial experiments.

• Korean Journal of Computational Design and Engineering
• /
• v.4 no.4
• /
• pp.318-326
• /
• 1999

Recently, electronic systems including computers have been rapidly shrinking in size while at the same time the complexity and the capability of these systems continue to grow/sup [1]/. Thus, system volumes have decreased as system power has increased, resulting in dramatic increases in system heat density. The high temperature of the computer system is considered as the major reason for low performance and shortening life of the product. It is necessary to solve this problem due to the heat density increased and to develop the design skill of the computer cabinet according to miniaturization. M4500 desk-top computer was selected for analyzing the thermal management inside cabinet. The cabinet volume, the configuration of the heating devices, the size and location of air ventilation, and the fan selection have been investigated as the important parameters to find out an optimal cabinet design. The objectives of this project were to analyze which design parameters would affect cooling performance by thermal strategy, to design an optimal model, and to measure the temperatures of the main parts to confirm the effect of the thermal design. The temperatures of each part of the optimal model were compared with those of the existing model. As a result. the volume of this miniaturized model was about 16% smaller than that of M4500 without any change in operating performance.

• Journal of the Ergonomics Society of Korea
• /
• v.26 no.2
• /
• pp.21-33
• /
• 2007

The study investigates the effects of luminance contrast, which is the contrast between text color and background color, on readability in VDT environments. Our research goals are to prove that the relationship between luminance contrast and readability is not linear and to explore the best luminance contrast level for optimal readability. We conducted two pretests before the main experiment to determine the operational readability and luminance contrast levels. We also conducted a controlled main experiment, in which luminance contrast, reading amount and screen size were tested in terms of its relation with readability. The results of the main experiment indicate that the readability has a non-linear relation with luminance contrast, and the optimal readability is obtained when the contrast is equal to 0.951. Furthermore, the non-linear function and optional point stay constant regardless of screen size and reading amount. The paper ends with implications of the results that maximal contrast does not always mean the optimal readability.

• The Transactions of The Korean Institute of Electrical Engineers
• /
• v.62 no.1
• /
• pp.21-28
• /
• 2013

The paper proposes an optimal sizing method of a customer's battery energy storage system (BESS) which aims at managing the electricity demand of the customer to minimize electricity cost under the time of use(TOU) pricing. Peak load limit of the customer and charging and discharging schedules of the BESS are optimized on annual basis to minimize annual electricity cost, which consists of peak load related basic cost and actual usage cost. The optimal scheduling is used to assess the maximum cost savings for all sets of candidate capacities of BESS. An optimal size of BESS is determined from the cost saving curves via capacity of BESS. Case study uses real data from an apartment-type factory customer and shows how the proposed method can be employed to optimally design the size of BESS for customer demand management.

• Journal of the Society of Naval Architects of Korea
• /
• v.42 no.2 s.140
• /
• pp.175-182
• /
• 2005

It is necessary to develop an efficient optimization technique to optimize the engineering structures which have given design spaces, discrete design values and several design goals. As optimization techniques, direct search method and stochastic search method are widely used in designing of engineering structures. The merit of the direct search method is to search the optimum points rapidly by considering the search direction, step size and convergence limit. And the merit of the stochastic search method is to obtain the global optimum points by spreading point randomly entire the design spaces. In this paper, a Pareto optimal based multi-objective function method (PMOFM) is developed by considering the search direction based on Pareto optimal points, step size, convergence limit and random search generation . The PMOFM can also apply to the single objective function problems, and can consider the discrete design variables such as discrete plate thickness and discrete stiffener spaces. The design results are compared with existing Evolutionary Strategies (ES) method by performing the design of double bottom structures which have discrete plate thickness and discrete stiffener spaces.

• Journal of the Korean Mathematical Society
• /
• v.61 no.5
• /
• pp.875-898
• /
• 2024

This study estimates the true price of an asset and finds the optimal bid/ask prices for market makers. We provide a novel state-space model based on the exponential Ornstein-Uhlenbeck volatility and the Heston models with Gaussian noise, where the traded price and volume are available, but the true price is not observable. An objective of this study is to use Bayesian filtering to estimate the posterior distribution of the true price, given the traded price and volume. Because the posterior density is intractable, we employ the guided particle filtering algorithm, with which adaptive rejection metropolis sampling is used to generate samples from the density function of an unknown distribution. Given a simulated sample path, the posterior expectation of the true price outperforms the traded price in estimating the true price in terms of both the mean absolute error and root-mean-square error metrics. Another objective is to determine the optimal bid/ask prices for a market maker. The profit-and-loss of the market maker is the difference between the true price and its bid/ask prices multiplied by the traded volume or bid/ask size of the market maker. The market maker maximizes the expected utility of the PnL under the posterior distribution. We numerically calculate the optimal bid/ask prices using the Monte Carlo method, finding that its spread widens as the market maker becomes more risk-averse, and the bid/ask size and the level of uncertainty increase.

• Proceedings of the IEEK Conference
• /
• 2000.06d
• /
• pp.39-42
• /
• 2000

Motion estimation plays an important role for video coding. In this paper, we derive optimal search patterns for fast block matching motion estimation. By analyzing the block matching algorithm as a function of block shape and size, we can find an optimal search pattern for initial motion estimation. The proposed idea, which has been verified experimentally by computer simulations, can provide an analytical basis for the current MPEG-2 proposals. In order to choose a more compact search pattern for BMA, we exploit the statistical relationship between the motion and the frame difference of each block.

• Journal of Ocean Engineering and Technology
• /
• v.17 no.2
• /
• pp.77-84
• /
• 2003

The excessive cost of building ships causes the instability of payability, which manage poorly fishing vessels longer than 24m. As a result, an officer evades embarkation and a vicious circle is repeated. In this study, the optimal engine horsepower system for fishing vessels longer than 24m was invented to develop the most efficient engine horsepower, and also a database program for the most efficient engine horsepower has been developed based on the type of and their size.

• Journal of applied mathematics & informatics
• /
• v.9 no.2
• /
• pp.807-815
• /
• 2002

We consider a more general linear regression super-population model than the one of Chaudhuri and Stronger(1992) . We can find the same type of the best linear unbiased(BLU) predictor as that of Chaudhuri and Stenger and see that the optimal design is again a purposive one which prescribes choosing one of the samples of size n which has $\chi$ closest to $\bar{X}$.