• International Journal of Advanced Culture Technology
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• v.8 no.1
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• pp.62-70
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• 2020

As an effective means of price discrimination, some suppliers offer trade credit to the distributors in order to stimulate the demand for the product they produce. The availability of the delay in payments from the supplier enables discount of the distributor's selling price from a wider range of the price option in anticipation of increased customer's demand. Since the distributor's lot-size is affected by the demand for the customer, the distributor's lot-size and the selling price determination problem is interdependent and must be solved at the same time. Also, in many common business transactions, the distributor pays the shipping cost for the order and hence, the distributor's ordering cost consists of a fixed ordering cost and the shipping cost that depend on the order quantity. In this regard, we deal with the joint lot-size and price determination problem when the supplier allows delay in payments for an order of a product. The positive effects of credit transactions can be integrated into the EOQ (economic order quantity) model through the consideration of retailing situations, where the customer's demand is a function of the distributor's selling price. It is also assumed that the distributor's order cost consists of a fixed ordering cost and the variable shipping cost. We formulate the distributor's mathematical model from which the solution algorithm is derived based on properties of an optimal solution. A numerical example is presented to illustrate the algorithm developed.

• Industrial Engineering and Management Systems
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• v.7 no.3
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• pp.257-265
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• 2008

This paper deals with the joint decisions on pricing and ordering for a monopolistic retailer who sells perishable goods with a fixed lifetime or demand period. The newsvendor-typed problem is formulated as a two-period inventory system where the first period represents the inventory of fresh or new-arrival items and the second period represents the inventory of items that are older but still usable. Demand may be for either fresh items or for somewhat older items that exhibit physical decay or deterioration. The retailer is allowed to adjust the selling price of the deteriorated items in the second period, which stimulates demand and reduces excess season-end or stale inventory. This paper develops a stochastic dynamic programming model that solves the problem of preseason decisions on ordering-pricing and a within-season decision on markdown pricing. We also develop a fixed-price model as a benchmark against the dual-price dynamic model. To illustrate the effect of the dual-price policy on expected profit, we conduct a comparative study between the two models. Extension to a generalized multi-period model is also discussed.

• Journal of Electrical Engineering and Technology
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• v.12 no.5
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• pp.1777-1788
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• 2017

This paper presents the design and dynamic analysis of a stand-alone microgrid with high penetration of renewable energy. The optimal sizing of various components in the microgrid is obtained considering two objectives: minimization of levelized cost of energy (LCOE) and maximization of renewable energy penetration. Integrating high renewable energy in stand-alone microgrid requires special considerations to assure stable dynamic performance, we therefore develop voltage and frequency control method by coordinating Battery Energy Storage System (BESS) and diesel generators. This approach was applied to the design and development of Gasa Island microgrid in South Korea. The microgrid consists of photovoltaic panels, wind turbines, lithium-ion batteries and diesel generators. The dynamic performance of the microgrid during different load and weather variations is verified by simulation studies. Results from the real microgrid were then presented and discussed. Our approach to the design and control of microgrid will offer some lessons in future microgrid design.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.32 no.3
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• pp.110-117
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• 2009

This paper introduces a case study for efficient generation of production schedules in a tube manufacturing system. The considered scheduling problem consists of two sub problems : lot sizing for a job and Job sequencing. Since these problems require simulation optimization in which the performance measures are obtained by simulation execution, the trade-off between solution quality and computation time is an important issue. In this study, the optimal lot size for every product type is determined from simulation experiments. Then, target production quantity for each product type is transformed to several jobs such that a Job consists of determined lot size. To obtain the good solution for a Job sequence in a reasonable time, a number of alternatives are generated from heuristic rules developed by intuition and analysis of the considered system, and a job sequence is selected from simulation experiments.

• Journal of Ocean Engineering and Technology
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• v.24 no.1
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• pp.20-33
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• 2010

The paper deals with strength design of a riser support installed on floating production storage and offloading (FPSO) vessel under various loading conditions - operation, extreme, damaged, one line failure case (OLFC) and installation. The design problem is formulated such that thickness sizing variables are determined by minimizing the weight of a riser support structure subject to stresses constraints. The initial design model is generated based on an actual FPSO riser support specification. The finite element analysis (FEA) is conducted using MSC/NASTRAN, and optimal solutions are obtained via moving least squares method (MLSM) in the context of response surface based approximate optimization. For the meta-modeling of inequality constraint functions of stresses, a constraint-feasible moving least squares method (CF-MLSM) is used in the present study. The method of CF-MLSM, compared to a conventional MLSM, has been shown to ensure the constraint feasibility in a case where the approximate optimization process is employed. The optimization results present improved design performances under various riser operating conditions.

• Journal of the Korean Society for Aeronautical & Space Sciences
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• v.35 no.9
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• pp.850-857
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• 2007

The design and analysis of satellite electrical power subsystem is an important driver for the mass, size, and capability of the satellite. In particular, satellite energy balance analysis is critical in determining the capabilities and limitations of the power subsystem and the success of satellite operations. This paper introduces a new energy balance analysis program for LEO satellite development and shows an example of test results using other LEO satellite design data. The test results show that the proposed energy balance program can be used the optimal sizing of satellite electrical power subsystem and the analytical prediction of the on-orbit energy balance during satellite mission operations.

• Proceedings of the KIEE Conference
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• 2008.07a
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• pp.95-96
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• 2008

사회가 발전함에 따라 전력 수요는 기하급수적으로 증가한다. 늘어나는 전력 수요는 전압안정도 마진을 감소시키고 이는 대정전의 원인이 될 수도 있기 때문에 전력계통에서 전압유지 및 전압안정도 여유확보는 중요한 이슈가 된다. 무효전력은 전압과 큰 관련이 있기 때문에 전압유지 및 전압안정도 여유확보 방안으로써 가장 최우선적으로 고려되는 사항이 조상설비를 추가하는 것이다. 하지만 조상설비를 추가하기 위한 용지확보, 비용, 환경문제 등의 영향으로 인한 전원의 원격화, 편재화 그리고 부하의 수요집중화에 의한 송전설비의 장거리화와 대용량화가 진행되고 있으며 이와 같은 장거리 송전에 따라 계통손실의 증가와 수요지의 저전압문제가 발생하고 있다. 그러므로 전압안정도 마진을 고려하면서 조상설비를 적절하게 투입하는 것은 중요한 고려사항이다. 본 논문은 2007년 8월 EMS Peak 데이터를 시뮬레이션 해 조상설비를 투입함에 있어 최적의 위치와 용량을 산정하는 위한 방안을 제시한다. 이러한 조상설비 추가를 최소로 하는 경제적인 측면 뿐 아니라 전압 안정성 측면도 고려하기 위한 부하 scaling 기법을 적용해 전압안정도 여유를 확보하기 위한 방안을 추가한다. 또한 여러 가지 상정사고를 가정한 후 heuristic method를 적용해 조상설비 최적화를 수행하고 한전데이터를 근거로 추가할 조상설비의 가장 적절한 투입위치 및 용량을 산정해 제시한다.

• Proceedings of the Korean Society for Technology of Plasticity Conference
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• 2005.10a
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• pp.239-242
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• 2005

In the roll forming, a flat strip is progressively deformed by feeding it through a series of rotating rolls. There are various layouts for the tube toll-forming stages. The process sequences are as follows: leveling, roll-forming, welding, bead removing, seam annealing, cooling, sizing and cutting. Electric resistance welded(ERW) tubes have been widely used for the machinery parts, especially for hydroformed automotive parts. However conventional ERW tubes do not have a high formability because of hardening of welded portion by rapid cooling. Moreover the decrease in thickness of the welded portion during the grinding of the inner and outer bead may reduce the formability of the tube. In case of applying the tubular parts without grinding the bead, the flow of the fluid can be prevented due to the turbulent flow induced by the inner bead. In attempt to determine the optimal bead grinding amount in the roll forming process, in the present paper, the effects of the removal depth and width of the inner beads on the hydroformability are analyzed by the finite element simulation.

• Proceedings of the Korean Society for Noise and Vibration Engineering Conference
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• 1997.04a
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• pp.413-417
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• 1997

Distributed piezoelectric sensor and actuator have been designed for efficient vibration control of a cantilevered beam. Both PZT and PVDF are used in this study, the former as an actuator and the latter as a sensor for our integrated structure. For the PZT actuator, the position and size have been optimized. Optimal electrode shape of the PVDF sensor has been determined. For multi-mode vibration control, we have used two PZT actuators and a PVDF sensor. Electrode shading of PVDF is more powerful for modal force adjustment than the sizing and positioning of PZT. Finite element method is used to model the structure that includes the PZT actuator and the PVDF sensor. By deciding on or off of each PZT segment, the length and the location of the PZT actuator are optimize. Considering both of the host structure and the optimized actuators, it is designed that the active electrode width of PVDF sensor along the span of the beam. Actuator design is based on the criterion of minimizing the system energy in the control modes under a given initial condition. Sensor is designed to minimize the observation spill-over. Modal control forces for the residual(uncontrolled) modes have been minimized during the sensor design. Genetic algorithm, which is suitable for this kind of discrete problems, has been utilized for optimization. Discrete LQG control law has been applied to the integrated structure for real time vibration control. Performance of the sensor, the actuator, and the integrated smart structure has been demonstrated by experiments.

• The Journal of the Korea institute of electronic communication sciences
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• v.9 no.11
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• pp.1291-1296
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• 2014

The thermoelectric cooler is receiving great interest because of advantages such as the precise temperature control capability, the compact and lightweight cooler, and the mechanical vibrationless structure which enhances the reliability compared with the existing vapor compression cooler. However, it is not easy to design the optimal thermoelectric cooler which appropriate to the application because the thermal analysis should be necessary required. Accordingly, this paper studies the methodology of the modelling, sizing and thermal analysis of the thermoelectric cooler using SINDA/FLUINT analysis tool.