• KSCE Journal of Civil and Environmental Engineering Research
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• v.30 no.4D
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• pp.361-368
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• 2010

It is general that mostly congested sections of national backbone networks have been improved based on the national network expansion plan. However, in case of intermodal terminals which are origins of logistics, it is still so congested that travel time between origin and destination is long. Therefore, intermodal transportation systems plan of major intermodal terminals for the intermodal connector networks between intermodal terminal and national backbone network or intermodal terminal was established. With the limitation of priority methodology applying to intermodal connector facility under existing methodology, this study suggests an improved priority methodology. This study includes characteristics of terminal on the hierarchical structure and assessment list, but it does not concentrate on the specific terminal type through survey. To avoid a certain concentration, budget constraint for each terminal type was considered ahead of priority. Finally priority methodology was developed with two-step assessment under consideration that specific terminal is not involved in intermodal connector facility project. As a result of calculating weights by survey, effects such as d/c and accessibility fluctuations index through project implementation gain high weight, and degree of region underdevelopment gets next. Although the methodology in this study could not yields the priority by assessment list, it will be useful for setting the direction on policy related to intermodal connector facility projects.

• Journal of the Korean Operations Research and Management Science Society
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• v.34 no.2
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• pp.1-13
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• 2009

In this paper, we develop theoretical game models to determine the level of government subsidies for banks to provide policy loans to Innovative SMEs(small and medium sized enterprises) through banks, which otherwise would not finance them for the sake of their own profitability. For this, we compare net cash flows of each bank using different strategies against high risk innovative SMEs. A bank can decide whether to provide them loans or not In each period. Following Kim(2003)'s Infinite horizon model on the soft budget constraint, we introduce a situation in which banks compete against each other for higher net long-term payoffs from their loans to innovative SMEs and non-innovative SMEs. From the models, we show that competition among banks in general leads to a tighter decision against innovative SMEs, as a Nash equilibrium. It is not because the government bank is simply loose in providing loans, but because competition among commercial banks for fewer riskier borrowers results in tighter loan decisions against innovative SMEs. Thus, the competitive market for policy loans to innovative SMEs fails to reach the socially optimal level of loans for innovative SMMs. Commercial banks in the competitive market may require additional supports from the government to make up for the differences in their payoffs to support innovative SMEs, possibly much riskier due to moral hazards and poor discounted cash flows. The monopolistic government bank might also request such supports from the government to fund otherwise unqualified SMEs. We calculate an optimal level of governmental support for banks to guarantee funding such high-risk innovative SMEs over periods without deviating from their optimal Nash equilibrium policies.

• Environmental and Resource Economics Review
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• v.24 no.2
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• pp.365-410
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• 2015

Block-rate structures are widely used in utility-pricing, including the Korean residential electricity sector. In the case of the current pricing structure, Korean citizens are highly concerned about incurring excessive electricity costs. For these reasons, there have been many discussions concerning mitigation of the strict pricing structure. Existing studies on the residential electricity demand function under block-rate structure have the following three issues - the consumer's budget constraint is non-linear, perceived price under block-rate structure is uncertain, block-rate structure has endogeneity in the price variable. In this context, this paper estimates the residential electricity demand function using micro-level household expenditure data and simulates the impact of alternative block-pricing schedules.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.19 no.5
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• pp.632-639
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• 2018

Recently, a policy has been enforced to supply Plug-in Electric Vehicles (PEVs) but this may require reinforcement of the power system depending on its clustering because PEVs are charged directly from power systems. On the other hand, as the reinforcement of power system is limited by time and budget, it is important to supply the charging demand of PEVs efficiently using the existing power systems to increase the diffusion of PEVs. This paper establishes a charging schedule for Plug-in Electric Vehicles (PEVs) considering the power system constraints. For this, the required amount and time of the charging demand for an individual PEV was modeled to integrate into power systems based on the driving pattern and charging tariff of PEV. Furthermore, the charging schedule of PEVs was established to meet the power system constraints by calculating the operating conditions of the power systems with PEVs.

• International Journal of Internet, Broadcasting and Communication
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• v.8 no.2
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• pp.49-54
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• 2016

Data delivery is very challenging in VANETs because of its unique characteristics, such as fast topology change, frequent disruptions, and rare contact opportunities. This paper tries to explore the scope of 3G-assisted data delivery in a VANET within a budget constraint of 3G traffic. It is started from the simple S_Random (Srand) and finally reached the 3GSDD, i.e., the proposed algorithm. The performance evaluation of different algorithms is done through the two metrics delivery ratio and average delay. A third function utility is created to reflect the above two metrics and is used to find out the best algorithm. A packet can either be delivered via multihop transmissions in the VANET or via 3G. The main challenge is to decide which set of packets should be selected for 3G transmissions and when to deliver them via 3G. The aim is to select and send those packets through 3G that are most sensitive and requiring immediate attention. Through appropriate communication mechanism, these sensitive information are delivered via VANET for 3G transmissions. This way the sensitive information which could not be transmitted through normal VANET will certainly find its destination through 3G transmission unconditionally and with top priority. The delivery ratio of the packets can also be maximized by this system.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.40 no.4
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• pp.253-259
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• 2017

Recent development in science and technology has modernized the weapon system of ROKN (Republic Of Korea Navy). Although the cost of purchasing, operating and maintaining the cutting-edge weapon systems has been increased significantly, the national defense expenditure is under a tight budget constraint. In order to maintain the availability of ships with low cost, we need accurate demand forecasts for spare parts. We attempted to find consumption pattern using data mining techniques. First we gathered a large amount of component consumption data through the DELIIS (Defense Logistics Intergrated Information System). Through data collection, we obtained 42 variables such as annual consumption quantity, ASL selection quantity, order-relase ratio. The objective variable is the quantity of spare parts purchased in f-year and MSE (Mean squared error) is used as the predictive power measure. To construct an optimal demand forecasting model, regression tree model, randomforest model, neural network model, and linear regression model were used as data mining techniques. The open software R was used for model construction. The results show that randomforest model is the best value of MSE. The important variables utilized in all models are consumption quantity, ASL selection quantity and order-release rate. The data related to the demand forecast of spare parts in the DELIIS was collected and the demand for the spare parts was estimated by using the data mining technique. Our approach shows improved performance in demand forecasting with higher accuracy then previous work. Also data mining can be used to identify variables that are related to demand forecasting.

• Journal of the Korea Society for Simulation
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• v.22 no.1
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• pp.31-40
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• 2013

Recent development in science and technology has modernized the weapon systems of ROKN (Republic Of Korea Navy). Although the cost of purchasing, operating, and maintaining the cutting-edge weapon systems has been increased significantly, the national defense expenditure is under a tight budget constraint. In order to maintain the availability of ships with low cost, we need an efficient and scientific method for managing repairable parts. In this study, we propose a simulation model that computes the availability of ship's repairable parts. Our model is based on the METRIC (Multi Echelon Technique Repairable Item Control) model and extends to five sub-models to reflect the realistic situations that arise in the navy, such as planned maintenance, condemnation, lateral transshipment, and cannibalization. We have performed simulations to compute the availability of repairable parts while setting the part-level consistent throughout the five models and carried out two sensitivity analyses. The simulation results show the differences in the part availability in different models. The experiments confirm our claim that ROKN needs an inventory management system that captures the operational characteristics of the navy.

• Journal of the Korea Society for Simulation
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• v.20 no.3
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• pp.1-10
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• 2011

In this study, we consider a capacity planning problem where the number of machines at each workstation is determined in manufacturing systems of top-edge electronic products such as semiconductor or display. The considered manufacturing system is the typical hybrid flowshop which has identical parallel machines at each workstation and the setup operation occurs when the types of consecutively processed products are different. The objective of the problem is finding good combinations of the numbers of machines at all workstations, under the given capital amount for purchasing machines. Various heuristic methods for determining the numbers of machines at workstations are proposed and the performances were tested through a series of computational experiments. In the study, a simulation model has been developed in order to simulate the considered manufacturing system with dynamic orders and complex process. The simulation model is also used for conducting the computational comparison test among various proposed methods.

• Review of Culture and Economy
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• v.21 no.3
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• pp.3-30
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• 2018

The purpose of this study is to investigate the effects of participation in cultural activities on happiness. The empirical results show that participation in cultural activities has a positive impact on individual happiness, because cultural activities cause entertainment and social contacts with people. Furthermore, the levels of income and education are analyzed by dividing them into high and low groups. Noteworthy is that the low-income and less-educated groups show lower participation in cultural activities than those in the high-income and well-educated groups, But the utility magnitude gained through cultural activities is higher. This implies that opportunity costs arising from financial and time constraints are greater in the low-income and less-educated groups than in the high-income and well-educated groups. Finally, for the low-income group, the marginal utility is reduced when spending on cultural activities exceeds certain levels, which means there exist a budget constraint for the low-income group.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.41 no.4
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• pp.9-21
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• 2018

In South Korea, Jeju Island has a role as a test bed for electric vehicles (EVs). All conventional cars on the island are supposed to be replaced with EVs by 2030. Accordingly, how to effectively set up EV charging stations (EVCSs) that can charge EVs is an urgent research issue. In this paper, we present a case study on planning the locations of EVCS for Jeju Island, South Korea. The objective is to determine where EVCSs to be installed so as to balance the load of EVCSs while satisfying demands. For a public service with EVCSs by some government or non-profit organization, load balancing between EVCS locations may be one of major measures to evaluate or publicize the associated service network. Nevertheless, this measure has not been receiving much attention in the related literature. Thus, we consider the measure as a constraint and an objective in a mixed integer programming model. The model also considers the maximum allowed distance that drivers would detour to recharge their EV instead of using the shortest path to their destination. To solve the problem effectively, we develop a heuristic algorithm. With the proposed heuristic algorithm, a variety of numerical analysis is conducted to identify effects of the maximum allowed detour distance and the tightness of budget for installing EVCSs. From the analysis, we discuss the effects and draw practical implications.