• 한국유통학회:학술대회논문집
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• 한국유통학회 2000년도 추계학술대회 발표논문집
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• pp.91-105
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• 2000

Results of a study of the coordination effect in stocking and promotional markdown policies for a supply chain consisting of a retailer and a discount outlet (DCO) are reported here. We assume that the products are sold in two consecutive periods: Normal Sales Period (NSP) and subsequent Promotional Sales Period (PSP). When managers in the two periods coordinate, they share information on the demand forecast and jointly decide the stocking quantity, markdown time schedule, and markdown price to maximize mutual profit. In the absence of coordination, decisions are decentralized to optimize the individual party's objective function. Optimal coordination policy for the retailer/DCO problem setting is analyzed, and the coordination policy is compared with the uncoordinated policy to explore factors that make coordination an effective approach.

• 한국경영과학회지
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• 제31권1호
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• pp.25-36
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• 2006

Consider a supply chain in which a vendor supplies a product to a buyer. We assume that the buyer's and vendor's inventory cost structures are different, resulting in differences in inventory order/delivery cycle times. Here, if one party insists on its individually optimal order/delivery quantity, the other party will suffer from mismatches in cycle times. Under this scenario, coordination contracts that make use of either a Net Term/Two parts Term Trade Credit or a Quantity Discount are designed to align individually optimal order Quantities. We compare and analyze the perform ances of these contracts. The focus of the comparison is the ability of contracts to generate a lower cost for the supply chain. We show that a Trade Credit policy can be effectively used to coordinate a supply chain. In many cases it will result in a lower supply chain cost compared to that achieved by using a Quantitative Discount policy.

• KIEE International Transactions on Power Engineering
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• 제4A권1호
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• pp.42-47
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• 2004

This paper presents the various application programs for the Distribution Automation System (DAS) of the Korea Electric Power Corporation (KEPCO)'s distribution system. These programs are developed to allow for optimal operation in the areas of feeder automation, relay coordination, loss minimization and so on. They are single line diagram auto creation programs for the feeder, service restoration program, protection coordination program, data error detection program, and optimal network reconfiguration program. The details of these programs are presented for validity and effectiveness.

• 대한기계학회논문집A
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• 제26권9호
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• pp.1822-1830
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• 2002

The paper describes the development of a decomposition based multidisciplinary design optimization (MDO) method that coordinates each of disciplinary subspace optimization (DSO). A multidisciplinary design system considered in the present study is decomposed into a number of subspaces based on their own design objective and constraints associated with engineering discipline. The coupled relations among subspaces are identified by interdisciplinary design variables. Each of subsystem level optimization, that is DSO would be performed in parallel, and the system level coordination is determined by the first order optimal sensitivities of subspace objective functions with respect to interdisciplinary design variables. The central of the present work resides on the formulation of system level coordination strategy and its capability in decomposition based MDO. A fluid-structure coupled design problem is explored as a test-bed to support the proposed MDO method.

• Industrial Engineering and Management Systems
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• 제14권2호
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• pp.129-158
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• 2015

It is necessary for retailers to determine the optimal ordering policy of products considering supply disruptions due to a natural disaster and a production process failure as quality and machine breakdowns. Under the situation, a dualsourcing supply chain (DSSC) is one of effective SC for retailers to order products reliably. This paper proposes the optimal ordering policy of a product in a DSSC with a retailer and two manufacturers. Two manufacturers may face supply disruptions due to a natural disater and a production process failure after they received the retailer's order of products. Here, two scenarios of demand information of products are assumed: (i) the demand distribution is known (ii) mean and variance of the demand are known. Under above situations, two types of DSSC are discussed. Under a decentralized DSSC (DSC), a retailer determines the optimal ordering policy to maximize his/her total expected profit. Under the integrated DSSC (ISC), the optimal ordering policy is determined to maximize the whole system's total expected profit. Numerical analysis investigates how demand information and supply disruptions affect the optimal decisions under DSC and ISC. Besides, profitability of supply chain coordination adjusting the wholesale price is evaluated to encourage the optimal decision under ISC.

• Industrial Engineering and Management Systems
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• 제13권3호
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• pp.304-318
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• 2014

It is necessary for a retailer to improve responsiveness to uncertain customer demand in product sales. In order to solve this problem, this paper discusses an optimal operation for a 2-stage-ordering-production system consisting of a retailer and a manufacturer. First, based on the demand information estimated at first order time $t_1$, the retailer determines the optimal initial order quantity $Q^*_1$, the optimal advertising cost $a^*_1$ and the optimal retail price $p^*_1$ of a single product at $t_1$, and then the manufacturer produces $Q^*_1$. Next, the retailer updates the demand information at second order time $t_2$. If the retailer finds that $Q^*_1$ dissatisfies the demand indicated by the demand information updated at $t_2$, the retailer determines the optimal second order quantity $Q^*_2$ under $Q^*_1$ and adjusts optimally the advertising cost and the retail price to $a^*_2$ and $p^*_2$ at $t_2$. Here, decision-making approaches for two situations are made-a decentralized supply chain (DSC) whose objective is to maximize the retailer's profit and an integrated supply chain (ISC) whose objective is to maximize the whole system's profit. In the numerical analysis, the results of the optimal decisions under DSC are compared with those under ISC. In addition, supply chain coordination is discussed to adjust the unit wholesale price at each order time as Nash Bargaining solutions.

• Journal of Electrical Engineering and Technology
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• 제13권3호
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• pp.1043-1051
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• 2018

The coordination of directional overcurrent relay (DOCR) is employed in this work, considering gray wolf optimizer (GWO), a recently designed optimizer that employs the hunting and leadership attitude of gray wolves for searching a global optimum. In power system protection coordination problem, the objective function to be optimized is the sum of operating time of all the main relays. The coordination of directional overcurrent relays is formulated as a linear programming problem. The proposed optimization technique aims to minimize the time dial settings (TDS) of the relays. The calculation of the Time Dial Setting (TDS) setting of the relays is the core of the coordination study. In this article two case studies of IEEE 6-bus system and IEEE 30-bus system are utilized to see the efficiency of this algorithm and the results had been compared with the other algorithms available in the reference and it was observed that the proposed scheme is quite competent for dealing with such problems. From analyzing the obtained results, it has been found that the GWO approach provides the most globally optimum solution at a faster convergence speed. GWO has achieved a lot of relaxation due to its easy implementation, modesty and robustness. MATLAB computer programming has been applied to see the effectiveness of this algorithm.

• 제어로봇시스템학회:학술대회논문집
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• 제어로봇시스템학회 1996년도 한국자동제어학술회의논문집(국내학술편); 포항공과대학교, 포항; 24-26 Oct. 1996
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• pp.1012-1015
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• 1996

This study focuses on the optimal operation and control strategy of the fuel cell process. The control objective of the Phosphoric Acid Fuel Cell (PAFC) is established and dynamic modeling equations of the entire fuel cell process are formulated as discrete-time type. On-line optimal control of the MIMO system employs the direct decomposition-coordination method. The objective function is modified as the tracking form to enhance the response capability to the load change. The weight factor matrices Q,R, which are design parameters, are readjusted. This control system is compared with LQI method and the results show that the suggested method is better than the traditional method in pressure difference control.

• International Journal of Control, Automation, and Systems
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• 제3권spc2호
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• pp.341-345
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• 2005

Part-I of this two-part paper develops an optimal algorithm for transient stability control to coordinate the preventive actions and emergency actions for a subset of contingencies with an identical unstable mode. In this portion, several subsets of contingencies having dissimilar unstable modes are dealt with. Preventive actions benefiting a subset of contingencies may go against the stability of others, thus coordination among the optimal schemes for individual subsets is necessary. The coordination can be achieved by replacing some preventive actions with contingency-specified emergency actions. It is formulated as a classical model of economic dispatch with stability constraints and stability control costs. Such an optimal algorithm is proposed based on the algorithm in Part-I of the paper and is verified by simulations on a Chinese power system.

• Industrial Engineering and Management Systems
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• 제14권2호
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• pp.111-121
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• 2015

A correct information of customer returns ratio under e-commerce is not always shared between supply chain (SC) members. Also, it is important issue for SC members to handle the unsold products in a market. This paper discusses the impact of information sharing of customer returns ratio on an optimal sales strategy including resale of customer returns and buyback policy for a SC under e-commerce with a manufacturer and a retailer. A retailer sells a single product and resells the resalable customer returns in the same market. A manufacturer produces the products and buys back the unsold products as to their quality from the retailer. The integrated SC (ISC) determines the optimal product order quantity to maximize the expected profit of the whole SC. The decentralized SC (DSC) makes the optimal decisions for order quantity and the wholesale price of products to maximize the expected profit of each SC member. The effect of information sharing is discussed between SC members under ISC and DSC. The analysis numerically investigates how information sharing of the returns ratio affects the optimal decision and the expected profits under ISC and DSC. Besides, effect of SC coordination to encourage the shift to ISC is discussed.