• Industrial Engineering and Management Systems
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• v.9 no.2
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• pp.107-120
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• 2010

In today's uncertain economic environment, the evaluation of safety for investment alternatives is of practical importance in manufacturing companies. This paper examines a method of quantitatively evaluating profitability and risk for multiple alternatives using the total-cost unit-cost domain. The paper assumes such factors as unit sales price, sales and production volume, unit variable cost, fixed cost, and yield for each alternative. The paper incorporates the relationship between production capacity and demand, distinguishing between cases of production capacity surplus and shortage for each year over the entire planning horizon. The paper investigates the case in which the values of each factor independently move in the direction of decreasing profit each year, and clarifies the procedure of comparing safety among multiple investment alternatives on a single consolidated total-cost unit-cost domain. The difficulty of the problem lies in the method of consolidating multiple total-cost unit-cost domains into a single domain since the combination of years of capacity surplus and shortage depends upon the change values in each factor under consideration. A systematic method of evaluating profitability as well as risk is presented, and the validity of the proposed method is verified using a numerical example.

• Industrial Engineering and Management Systems
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• v.14 no.2
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• pp.122-128
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• 2015

The purpose of this paper is to propose an appropriate evaluation scheme for improvement activities, based on a simple model comprising cash inflow by sales as well as variable and fixed cost expenditures. The paper distinguishes capacity surplus and capacity shortage situations, and examines economic benefits gained by yield increase improvement and capacity increase. The paper then proposes a basic rule of thumb for economic evaluation of improvement activities. The logic is simple but useful in practice, being conducive towards improvement activities under current economic conditions with uncertainties.

• Fashion & Textile Research Journal
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• v.13 no.2
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• pp.269-278
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• 2011

This study aims at setting up productive capacity which can be usefully utilized for work management of apparel manufacturers. So as to achieve this goal, an apparel manufacturing company which has been operated by miniline system in Seoul was selected. Standard time and man-hour were calculated to create the accurate productive capacity by observing and measuring a work flow included cutting, sewing and finishing processes. And the result is as following. The standard time for each process was presented as cutting process 47004.5s, sewing process 671050.5s and finishing process 22426.3s. And 15284.4ms was computed as total procession man-hour per day of the manufacturer which is organized of 16 people. Also, the procession man-hour for each process was revealed as cutting process 396.7ms(2.6%), sewing process 14509.3ms(94.9%) and finishing process 378.5ms(2.5%). +Surplus was found in the productivity for each process included the cutting process(outshell, lining and seam process), the sewing process(preparation and arrangement process) and the finishing process. But, additional man-hour 52436.18ms was required because the productive capacity was calculated as -surplus(-13.9%) in the sewing process(part and assembly process). Therefore, a work schedule was planned based on the previous result. However, loading can be ideal when a capacity and a load become '0'. The object company should find the way to reduce allowance(26.25%) of the sewing process through reconstruction of consciousness and improvement in functions with analyzing works of operators. Also, they need to consider an additional supplement of the personnel.

• Journal of the Korean Society of Fisheries and Ocean Technology
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• v.49 no.1
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• pp.18-28
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• 2013

It was compared the estimated parameters by the surplus production from three different models, i.e., three types (Schaefer, Gulland, and Schnute) of the traditional surplus production models, a stock production model incorporating covariates (ASPIC) model and a maximum entropy (ME) model. We also evaluated the performance of models in the estimation of their parameters. The maximum sustainable yield (MSY) of small yellow croaker (Pseudosciaena polyactis) in Korean waters ranged from 35,061 metric tons (mt) by Gulland model to 44,844mt by ME model, and fishing effort at MSY ($f_{MSY}$) ranged from 262,188hauls by Schnute model to 355,200hauls by ME model. The lowest root mean square error (RMSE) for small yellow croaker was obtained from the Gulland surplus production model, while the highest RMSE was from Schnute model. However, the highest coefficient of determination ($R^2$) was from the ME model, but the ASPIC model yielded the lowest coefficient. On the other hand, the MSY of Kapenta (Limnothrissa miodon) ranged from 16,880 mt by ASPIC model to 25,373mt by ME model, and $f_{MSY}$, from 94,580hauls by ASPIC model to 225,490hauls by Schnute model. In this case, both the lowest root mean square error (RMSE) and the highest coefficient of determination ($R^2$) were obtained from the ME model, which showed relatively better fits of data to the model, indicating that the ME model is statistically more stable and robust than other models. Moreover, the ME model could provide additional ecologically useful parameters such as, biomass at MSY ($B_{MSY}$), carrying capacity of the population (K), catchability coefficient (q) and the intrinsic rate of population growth (r).

• Journal of Fisheries and Marine Sciences Education
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• v.18 no.1
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• pp.19-30
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• 2006

For fishery stock assessment and optimum sustainable yield of anchovy in Korea, surplus production(SP) models and a maximum entropy(ME) model are employed in this paper. For determining appropriate models, five traditional SP models-Schaefer model, Schnute model, Walters and Hilborn model, Fox model, and Clarke, Yoshimoto and Pooley (CYP) model- are tested for effort and catch data of anchovy that occupies 7% in the total fisheries landings of Korea. Only CYP model of five SP models fits statistically significant at the 10% level. Estimated intrinsic growth rates are similar in both CYP and ME models, while environmental carrying capacity of the ME model is quite greater than that of the CYP model. In addition, the estimated maximum sustainable yield(MSY), 213,287 tons in the ME model is slightly higher than that of CYP model (198,364 tons). Biomass for MSY in the ME model, however, is calculated 651,000 tons which is considerably greater than that of the CYP model (322,881 tons). It is meaningful in that two models are compared for noting some implications about any significant difference of stock assessment and their potential strength and weakness.

• The Transactions of the Korean Institute of Electrical Engineers P
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• v.67 no.2
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• pp.94-99
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• 2018

Depending on how the energy storage system(ESS) is used in a system that can construct a microgrid by using an independent power source such as campus, surplus power can be generated that can not be charged to the ESS. For example, assuming that heat is supplied by a fuel cell in the case of a system in which thermal self-sustaining is prioritized, the fuel cell capacity required differs depending on the heat load. The amount of surplus power that can not be stored in the ESS will appear differently depending on the load operation of the fuel cell for each cycle. This power is hydrogenated through a water electrolytic device to present the amount of hydrogen energy that can be operated for each cycle. Therefore, this paper propose the possibility of utilizing University campus as a hydrogen station.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.4 no.4
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• pp.372-379
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• 2003

In order to improve a damage of connection part of Main Board Memory, we developed a hazard extension card(Socket Jig). The damage occurs during the test of the memory module product of the Desktop-PC. The connection part of main board was broken by 15％ per a day before the development. There existed two major problems; One was that we must obtain more than 15％ of surplus equipment. while the other was that we needed people who were wholly responsible for repair. The development of extension card decreased operation delay. Besides, it improved capacity of surplus equipment and operation efficiency. Therefore, we can save 78,000,000 won per year.

• Transactions of the Korean hydrogen and new energy society
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• v.34 no.2
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• pp.91-99
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• 2023

Participation in power trading using surplus power is considered a business model active in the domestic energy trade market, but it is limited only if the legal requirements according to the type, capacity, and use of the facilities to be applied for are satisfied. The hydrogen residential demonstration model presented in this paper includes solar power, energy storage system (ESS), fuel cell, and water electrolysis facilities in electrical facilities for private use with low-voltage power receiving system. The concept of operations strategy for this model focuses on securing the energy self-sufficiency ratio of the entire system, securing economic feasibility through the optimal operation module installed in the energy management system (EMS), and securing the stability of the internal power balancing issue during the stand-alone mode. An electric facility configuration method of a hydrogen residential complex demonstrated to achieve this operational goal has a structure in which individual energy sources are electrically connected to the main bus, and ESS is also directly connected to the main bus instead of a renewable connection type to perform charging/discharging operation for energy balancing management in the complex. If surplus power exists after scheduling, participation in power trading through reverse transmission parallel operation can be considered to solve the energy balancing problem and ensure profitability. Consequentially, this paper reviews the legal regulations on participation in electric power trading using surplus power from hydrogen residential models that can produce and consume power, gas, and thermal energy including hybrid distributed power sources, and suggests action plans.

• Journal of the Korean Solar Energy Society
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• v.40 no.3
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• pp.21-31
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• 2020

The government mandates gradually zero energy building and Photovoltaic power generation systems installed in buildings are emerging as the most realistic alternative to increase the independence rate of building energy. In this study, we propose a method to reduce the power consumption of households by increasing the PV capacity of balconies and applying the method used the charged electric power stored in batteries after sunset. In order to evaluate the electric power energy savings of the residential BESS, a balcony PV 1.2 kW and a battery pack 2 kWh were installed for 9 houses in 4 apartments in Seoul and Gyeonggi-do. The BESS is charged when the balcony PV is generated electric power, and when solar power generation is finished, it supplies power to the electric appliances connected to the load. As a result of installing the solar PV module 1.2 kW and 2 kWh class BESS for 3 households located in Seoul and Gyeonggi-do, the average electric power consumption saving rate was 40%. The reduction in electricity consumption in the case of zero generation surplus power by maximizing the utilization rate of BESS has been improved to about 53%. Therefore, in order to increase the self-sufficiency rate of electric energy in apartment houses, it is effective to increase the solar photovoltaic capacity of the balcony and apply the residential BESS. In the future, it is believed that the balcony PV and home BESS will play a key role in achieving mandatory zero-energy housing.

• Fisheries and Aquatic Sciences
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• v.27 no.3
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• pp.195-205
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• 2024

Amphipoda is a benthic fauna occupying aquatic environments that can be used as a live feed for mud crabs. The abundance of amphipods in the water is thought to impact the preying capacity of crablets, which in turn will affect their growth performance. This study aims to determine the preying capacity of the crablet stage of Scylla tranquebarica exposed at different densities (20, 30, and 40 amphipods / 0.5 L) of amphipod, Grandidierella megnae. The preying capacity was estimated by counting the number of amphipods ingested by an individual crablet during the 60-day rearing period. The main parameters measured were daily consumption rate (DCR), Cumulative molting (CM), Feed conversion ratio (FCR), and the specific growth rate of weight (SGR-W). The results showed that the DCR and FCR were not affected by amphipod densities but the higher the amphipod density the higher the SGR-W and CM. Based on this study, 30 amphipods / 0.5 L is recommended as the optimal density to optimize the DCR and improve the growth performance of crablets. It is also proposed that surplus live feed will potentially reduce the cannibalism rate of crablets during weaning. However, more research needs to be carried out to elucidate the benefits of crablet-feeding amphipods in communal systems.