• Journal of Korean Society of Industrial and Systems Engineering
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• v.38 no.3
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• pp.39-48
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• 2015

In this study, granting the optimal loan limit on SME (Small and Medium Enterprise) loans of financial institutions was proposed using the traditional newsvendor model. This study was the first domestic case study that applied the newsvendor model that was mainly used to calculate the optimum order quantity under some uncertain demands to the calculation of the loan limit (debt ceiling) of institutions. The method presented in this study made it possible to calculate the loan limit (debt ceiling) to maximize the revenue of a financial institution using probability functions, applied the newsvendor model setting the order volume of merchandise goods as the loan product order volume of the financial institution, and proposed, through the analysis of empirical data, the availability of additional loan to the borrower and the reduction of the debt ceiling and a management method for the recovery of the borrower who could not generate profit. In addition, the profit based loan money management model presented in this study also demonstrated that it also contributed to some extent to the prediction of the bankruptcy of the borrowing SME (Small and Medium Enterprise), as well as the calculation of the loan limit based on profit, by deriving the result values that the borrowing SME (Small and Medium Enterprise) actually went through bankruptcy at later times once the model had generated a signal of loan recovery for them during the validation of empirical data. accordingly, The method presented in this study suggested a methodology to generated a signal of loan recovery to reduce the losses by the bankruptcy.

• Korean System Dynamics Review
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• v.3 no.2
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• pp.113-140
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• 2002

The cost-benefit analysis is a technique for assisting with decision about the use of society's scare resources. There exists no detailed assessment like cost-benefit analysis. But recently, many policy analysts criticized the merit of cost-benefit analysis. As it is, it can be said that partial or approximate estimates of benefit and cost may be more dangerous than helpful. The purpose of this study is to overcome the limit of traditional cost-benefit analysis. For this purpose, we use the system dynamics approach for setting up new cost-benefit analysis, which we named that ‘Dynamics Cost-Benefit Analysis'. The usefulness of ‘Dynamics Cost-Benefit Analysis' is as follows; finding structural causal relationship between cost factors and benefit factors, understanding the long-term behavior of systems economic feasibility. In this study, we apply 'Dynamic Cost-Benefit Analysis' to case that is construction investment of funeral house by local government sector.

• Proceedings of the Korean Society of Marine Engineers Conference
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• 2002.05a
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• pp.251-259
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• 2002

The design concept of diesel engines for sea-going ships has been directed to Low-speed/Long-Stroke type to improve the efficiencies of combustion and propelling. But the time-delay property inevitable at such low speed engines gives much difficulties for governors to control the engine speed because they would be apt to go into unstable region especially when operating at low speed. The purpose of this paper is to study the problem of how the governor gain can be calculated dynamically in accordance with the variance of engine speed at least for an engine to be stable. In this study, the property of diesel engine was described as composed of combustion element including dead time and rotating element, and the ultimate gain for the speed control system to be located on the condition of stability limit was proposed based on the frequency characteristics. And the target gains with optimized stability also were proposed by giving proper margin to these ultimate conditions. The results were applied to a model system and the availability was confirmed to be satisfactory.

• Journal of Advanced Marine Engineering and Technology
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• v.26 no.5
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• pp.565-572
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• 2002

The design concept of diesel engines for sea-going ships has been directed to Low-speed/Long-Stroke type to improve the efficiencies of combustion and propelling. But time-delay inevitable at low speed gives much difficulties for governors to control the engine speed because they would be apt to go into unstable region especially when operating at low speed. The purpose of this paper is to study the problem of how the governor gain can be calculated dynamically in accordance with the valiance of engine speed to locate the engine still on the properly stable condition. In this study, the property of diesel engine was described as composed of combustion element including dead time and rotating element, and the ultimate gain for the speed control system to be located on the condition of stability limit was proposed based on the frequency characteristics. And the target gains with optimized stability also were proposed by giving proper margin to these ultimate conditions. The results were applied to a model system and the availability was confirmed to be satisfactory.

• Journal of the Korea Society of Computer and Information
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• v.24 no.3
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• pp.57-64
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• 2019

We consider the D2D sum utility maximization in the cellular system. D2D links reuse the uplink resource of cellular system. This reuse may cause severe interference to cellular users. To protect the cellular users, interference limit from the D2D links is required. In this setting, D2D sum utility maximization problem is investigated. Each D2D link has limited transmit power budget. Because optimum solution may require global information between links and computational complexity, we propose the distributed algorithm which only require the local information from each D2D link and simple broadcasting. Simulation results are provided to verify the performance of the proposed algorithm.

• Journal of the Korean GEO-environmental Society
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• v.20 no.1
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• pp.19-25
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• 2019

In this present study, to evaluate the applicability of the monitoring system of the entire reservoir dam facility using the wireless sensor network system and a section representative of the domestic reservoir dam was selected as the test bed site and to operated a system that can evaluate the condition of the facility at the real time with monitoring. In order to set up a wireless sensor network system, the system assessment of present state was carried out for confirmation the risk factors and the limit values of the risk factors in limit state were calculated. The type and position of the sensor to be measured in the field were determined by setting the measurement items suitable for the hazardous area and the risk factor. In this paper, we evaluated the feasibility of the system by monitoring and constructing a wireless sensor network system in a field for a fill dam that can represent a domestic reservoir dam. Applicability evaluation was verified by comparing directly with the measurement of partial concentration method which is the measurement management technology of the dam.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.43 no.3
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• pp.95-100
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• 2020

Machines and facilities are physically or chemically degenerated by continuous usage. One of the results of this degeneration is the process mean shift. The representative type of the degeneration is wear of tool or machine. According to the increasing wear level, non-conforming products cost and quality loss cost are increasing simultaneously. Therefore a periodic preventive resetting the process is necessary. The total cost consists of three items: adjustment cost (or replacement cost), non-conforming cost due to product out of upper or lower limit specification, and quality loss cost due to difference from the process target value and the product characteristic value among the conforming products. In this case, the problem of determining the adjustment period or wear limit that minimizes the total cost is called the 'process mean shift' problem. It is assumed that both specifications are set and the wear level can be observed directly. In this study, we propose a new model integrating the quality loss cost, process variance, and production volume, which has been conducted in different fields in previous studies. In particular, for the change in production volume according to the increasing in wear level, we propose a generalized production quantity function g(w). This function can be applied to most processes and we fitted the g(w) to the model. The objective equation of this model is the total cost per unit wear, and the determining variables are the wear limit and initial process setting position that minimize the objective equation.

• Journal of the Korean Society of Marine Environment & Safety
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• v.25 no.3
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• pp.313-319
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• 2019

As vessels become larger and competition between ports intensifies, there has been an increase in the number of cases where vessels that exceed the available berths are berthed at the pier. Therefore, there has been an increase in the number of cases in which the bow or stern of a ship is projected and moored. The risk of overhanging berthing is that mooring safety can be compromised because it is not possible to connect the bow and stern mooring line to the ship properly. In addition, collision accidents may occur between moving vessels if the view of a vessel moving in the port is obstructed. Therefore, in this study, the simulation of mooring safety was performed according to the overhanging range in Piers No. 6 and 7 in Ulsan's main port to propose the overhanging limit and operational standards according to each ship. As a result of the assessment, 30,000 DWT bulkers are able to overhang up to 0.75B, and 50,000 DWT bulkers can overhang up to 0.50B. The results of this study are expected to be used as basic data for setting the allowable overhang limit, as well as clear usage criteria for safe unloading operations.

• Journal of Korea Multimedia Society
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• v.25 no.8
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• pp.1097-1108
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• 2022

This paper aimed to design and implement an EMS for real-time power generation control based on wake effect optimization of wind farm, and then to test it in commercial operating wind farm. For real-time control, we proposed the wake band-based optimization and setting the wake effect distance limit, and when the wake effect distance limit was set to 7D in the actual wind farm layout, the calculation time was improved by about 93.94%. In addition, we designed and implemented the script-based EMS for flexible operation logic management in preparation for unexpected issues during testing, and it was installed and tested on a wind farm in commercial operation. However, three issues arose during the testing process. These are the communication interface problem of meteorological tower, the problem of an abnormal wake effect, and the problem of wind turbine yaw control. These issues were solved by modifying the operation logic using EMS's script editor, and the test was successfully completed in the wind farm in commercial operation.

• The Transactions of the Korean Institute of Electrical Engineers A
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• v.53 no.2
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• pp.97-103
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• 2004

CHP system supplies electricity and heating together with high efficiency. Current utility's CHP system uses electric power by itself and sells thermal energy to KDHC(Korea District Heating Corporation). CHP's operation cost except sales revenue of heating was covered by the sale revenue of electricity. Thus Electric generation cost in district Heating CHP system has close relationship with the level of heating price. However, after the restructuring of electricity industry, the operation cost could not be covered by sales revenue of heating and electricity. This loss was compensated by energy subsidy program in the electric power industry infrastructure fund. This paper suggests reasonable evaluation and improvement methods of the loss calculation of CHP system utilizing the infrastructure fund efficiency In terms of the direction of support by the fund, it provides the methods to prevent inefficient operation through setting up the upper limit of subsidy and to improve the loss calculation. Moreover, it suggest fixed rate support by heating supply level and reducing subsidy gradually for an efficient operation of CHP system.