• Journal of Electrical Engineering and Technology
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• 제12권2호
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• pp.981-987
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• 2017

In this paper, we estimate the economic benefits of Energy Storage Systems (ESSs) for peak load shaving in an urban railway substation using the annual cost. The annual investment cost of ESSs is estimated using Net Present Value (NPV) and compared with the cost reduction of electricity by the ESS. The optimal capacities of the battery and Power Converting System (PCS) are determined for peak load shaving. The optimal capacity of the ESS and the peak load shaving is determined to maximize the profit by the ESS. The proposed method was applied to real load data in an urban railway substation, and the results show that electric power costs can be reduced. Other aspects of the ESS, such as the lifetime and unit price of the battery, are also investigated economically.

• 한국경영과학회지
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• 제32권1호
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• pp.147-160
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• 2007

In this paper, the optimal decision making strategy for resource management is viewed in terms of a combined strategy of planting and producing time. A model which can be used to determine the optimal management strategy is developed, and focuses on how to design the operation of a Markov chain so as to optimize its performance. This study estimated a dynamic stochastic model to compare alternative production style and used the net present value of returns to evaluate the scenarios. The managers in this study may be able to increase economic returns by delaying produce in order to market larder, more valuable commodities.

• 전기학회논문지
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• 제64권1호
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• pp.29-34
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• 2015

This paper presents a method to select optimal device for mitigating voltage sags. The method is based on economic evaluation and voltage sag assessment involving sag duration as well as magnitude. The economic evaluation is performed by using the operation cost and economic benefit of the mitigation devices. The optimal device can be determined from the values of NPV (net present value) which is widely accepted in cost-benefit analysis. The proposed method can help sensitive customers to select optimal mitigation device. In this paper, the case study considering two sensitive customers was performed by using the proposed method.

• 전자공학회논문지A
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• 제32A권1호
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• pp.222-233
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• 1995

For effective module generation, a detailed router which can handle complicated routing regions on multimple layers of interconnection under various constraints is necessary. In this paper, a new improved maze routing technique is described, which can find the shortest path for each net without allowing stacked vias. In this method, two cost values are stored at each grid point. The cost values represent the routing costs from the terminal of the net being routed to the grid point. One cost value shows the cost of the shortest path without making a via at the grid point and the other cost value shows that with making a via at the grid point. This is the first systematic maze routing technique which can find the shortest path without via-stacking.

• 동력기계공학회지
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• 제18권3호
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• pp.112-117
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• 2014

The purpose of this study is to suggest the benefit-cost analysis for photovoltaic system in greenhome. Perspectives of benefit-cost analysis for photovoltaic system in greenhome is participant, non-participant, administrator and nation. This study identifies the cost and benefit components and benefit-cost calculation procedures from four major perspectives : participant, non-participant, administrator and nation. The results of benefit-cost analysis from each perspective can be expressed in a variety of ways, but in all cases it is necessary to calculate the net present value of photovoltaic system impacts over the lifecycle of those impacts.

• 신재생에너지
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• 제10권2호
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• pp.40-47
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• 2014

This study is intended to analyze the appropriate scope for 9.9MW biomass cogeneration, feasibility and sensitivity according to changing market situation. In the study, the heat load is classified into three types to predict heat sales and find out the appropriate scope of thermal business that is operated in CHP 34.42 Gcal/h, PLBwg 70 Gcal/h of cogeneration. the feasibility is estimated based on internal rate of return (IRR) and net present value(NPV). the sensitivity is analyzed in terms of biomass fuel cost, unit price of heating cost, investment cost, SMP unit price and REC unit price.

• 농업과학연구
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• 제40권2호
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• pp.169-176
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• 2013

The price and revenue of rice are expected to decrease due to increasing rice imports, decreasing consumption and the discontinuance of the government's rice procurement. This degenerating profitability is leading to a rise in the cultivation of upland-crops such as beans, fodder crops and fruits in paddy fields. However, there is a lack of research on the selection of rice substitute crops which are adaptable to the relevant region through profitability analysis. This research, therefore, analyzed investment profitability of rice substitute crops for Cheorwon-gun area in Kangwon province. The study applied net present value (NPV) and internal rate of return (IRR), which fit for mutually exclusive investments that make one selection to the exclusion of other crops. Target crops are green house plants in Cheorwon-gun area. Financial analysis showed paprika and cucumber have investment feasibility for automated vinyl greenhouses and conventional plastic greenhouses respectively.

• 수산해양교육연구
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• 제27권4호
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• pp.1092-1098
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• 2015

Fishing population has been increasing with national income improvement and the five-day workweek in Korea. Recently commercial fishing facilities like pay fishing pond are emerging as demand of saltwater fishing increases, unlike the past when inland fishing was prominent. In order to do businesses, economic analysis should be done in advance. This study aimed to make an Economic analysis of Uljin pay-fishing place by estimating the cost and benefit, and calculating the rate of economic return. The results show the Uljin pay-fishing place's net present value of 3.5 billion won, internal rate of return of 14%, and benefit cost ratio of 1.16 at 5.5% social discount rate.

• 한국정밀공학회지
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• 제25권1호
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• pp.160-170
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• 2008

Shape morphing is the process of transforming a source shape, through intermediate shapes, into a target shape. Two main problems to be considered in three dimensional shape morphing are vertex correspondence and path interpolation. In this paper, an approach which uses the linear interpolation of the Laplacian coordinates of the source and target meshes is introduced for the determination of more plausible path when two topologically identical shapes are morphed. When two shapes to be morphed are different in shape and topology, a new method which combines shape deformation theory based on Laplacian coordinate and mean value coordinate with distance field theory is proposed for the efficient treatment of vertex correspondence and path interpolation problems. The validity and effectiveness of the suggested method was demonstrated by using it to morph large and complex polygon models including male and female whole body models.

• 대한원격탐사학회지
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• 제19권5호
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• pp.341-349
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• 2003

The so-called B-method, a simplified surface energy budget, permits calculation of daily actual evapotranspiration (ET) using remotely sensed data, such as NOAA-AVHRR. Even if the use of satellite data allows estimation of the albedo and surface temperature, this model requires meteorological data measured at ground-level to obtain the other inputs. In addition, a difficulty may be occurred by the difference of temporal scales between the net radiation in daily scale and instantaneous measurement at midday of the surface and air temperatures because the data covered whole day are necessary to obtain accumulated daily net radiation. In order to solve these problems, this study attempted a modification of B-method through an extension of hourly ET value calculated using a complete instantaneous inputs. The estimation of the daily apparent ET from newly proposed system showed a root mean square error of 0.26 mm/day as compared the output obtained from the classical model. It is evident that this may offer more rapid estimation and reduced data volume.