• The Transactions of The Korean Institute of Electrical Engineers
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• v.67 no.10
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• pp.1278-1285
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• 2018

For saving electricity bill, energy storage system(ESS) is being installed in factories, public building and commercial building with a Time-of-Use(TOU) tariff which consists of demand charge(KRW/kW) and energy charge(KRW/kWh). However, both of peak reduction and ESS special tariff are not considered in an analysis of initial cost payback period(ICPP) on ESS. Since it is difficult to reflect base rate by an amount of uncertain peak demand reduction during mid-peak and on-peak periods in the future days. Therefore, the ICPP on ESS can be increased. Based on this background, this paper presents the advanced analysis method for the ICPP on ESS. In the proposed algorithm, the representative days of monthly electricity consumption pattern for the amount of peak reduction can be found by the k­means clustering algorithm. Moreover, the total expected energy costs of representative days are minimized by optimal daily ESS operation considering both peak reduction and the special tariff through a mixed-integer linear programming(MILP). And then, the amount of peak reduction becomes a value that the sum of the expected energy costs for 12 months is maximum. The annual benefit cost is decided by the amount of annual peak reduction. Two simulation cases are considered in this study, which one only considers the special tariff and another considers both of the special tariff and amount of peak reduction. The ICPP in the proposed method is shortened by 18 months compared to the conventional method.

• Journal of Labour Economics
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• v.25 no.2
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• pp.33-78
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• 2002

This study analyzes effects of the proposed reduction of legal working hours in Korea in which base wage is unchanged with working hours reduction. The theoretical analysis shows that a reduction of legal working hours would result in less than equal size reduction of actual working hours, and increase in wages. On the other hand, the effects on employment is ambiguous depending on the substitution effect and scale effect. An empirical analysis based on macro-economic model simulation supports the theoretical conjecture. It has been found that with the reduction of legal working hours, real wages and consumption increase while actual working hours decreases about half of the legal hours reduction. In addition, the immediate and outright imposition of legal hours reduction on all sectors of the economy is found to create a cost push inflation and reduce GDP, investment, and employment. This negative effects are lessened as the reduction of legal hours is gradually made and/or some measures to absorb the cost shock such as abolition of paid monthly leave are employed together.

• Journal of Korean Society of Water and Wastewater
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• v.37 no.6
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• pp.335-345
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• 2023

In Korea, as part of the Green New Deal project toward a carbon-neutral society, it is necessary to build a climate-resilient urban environment to green the city, space, and living infrastructure. To this end, SWMM-ING was improved and the model was modified to analyze the carbon reduction effect. In addition, I plan to select target watersheds where urbanization is rapidly progressing and evaluate runoff, non-point pollution, and carbon reduction effects to conduct cost estimation and optimal design review for domestic rainwater circulation green infrastructure. In this study, green infrastructure facilities were selected using SWMM-ING. Various scenarios were presented considering the surface area and annual cost of each green infrastructure facility, and The results show that the scenario derived through the APL2 method was selected as the optimal scenario. In this optimal scenario, a total facility area of 190,517.5 m² was applied to 7 out of 30 subwatersheds to achieve the target reduction. The target reduction amount was calculated a 23.50 % reduction in runoff and a 26.99 % reduction in pollutant load. Additionally, the annual carbon absorption was analyzed and found to be 385,521 kg/year. I aim to achieve additional carbon reduction effects by achieving the goal of reducing runoff and non-point pollution sources and analyzing annual carbon absorption. Moreover, considering the scale-up of these interventions across the basin, it is believed that an objective assessment of economic viability can be conducted.

• Journal of the korean Society of Automotive Engineers
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• v.14 no.6
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• pp.113-126
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• 1992

Recently the multi-kind, small-amount manufacturing system has been replacing the mass manufacturing system, and domestic machining inustry also is eager to absorb the new technology because of its high productivity and cost reduction. The optimization of the cutting condition has been a vital problem in the machining industry, which would help increase the productivity and raise the international competitiveness. It is intended in this study to investigate the machining costs per unit time which is essential to the analysis of the optimal cutting condition, to computer the cutting speed that lead to the minimum machining costs and the maximum production to suggest the cutting speed range that enables efficient speed cutting, and to review the machining economy in relation to cutting depth and feed. Also considered are the optimal cutting speed and prodution rated in rrelation with feed. It is found that the minimum-cost cutting speed increases and the efficient cutting speed range is reduced as machining cost per unit time increases since the cutting speed for maximum production remains almost constant. The machining cost is also lowered and the production rate increases as the feed increases, and the feed should be selected to satisfy the required surface roughness. The machining cost and production rate are hardly affected by the cutting depth if the cutting speed stays below 100m/min, however, they are subject to change at larger cutting depth and the high-efficient speed range also is restricted. It can be established an adaptive optimal cutting conditions can be established in workshop by the auto-selection progam for optimal operation. It is expected that this method for choosing the optimal cutting conditions might contribute to the improvement of the productivity and reduced the cost. It is highly recommended to prepare the optimal cutting conditionthus obtained for future use in the programing of G-function of CNC machines. If proper programs that automatically select the optimal cutting conditions should be developed, it would be helpful to the works being done in the machine shops and would result in noticeable production raise and cost reduction.

• Nutrition Research and Practice
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• v.9 no.4
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• pp.400-403
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• 2015

BACKGROUND/OBJECTIVES: By the year 2050, thirty-eight percent of the Korean population will be over the age of 65. Health care costs for Koreans over age 65 reached 15.4 trillion Korean won in 2011, accounting for a third of the total health care costs for the population. Chronic degenerative diseases, including coronary heart disease (CHD), drive long-term health care costs at an alarming annual rate. In the elderly population, loss of independence is one of the main reasons for this increase in health care costs. Korean heath policies place a high priority on the prevention of CHD because it is a major cause of morbidity and mortality. SUBJECTS/METHODS: This evidence-based study aims to the estimate potential health care cost savings resulting from the daily intake of omega-3 fatty acid supplementation. Potential cost savings associated with a reduced risk of CHD and the medical costs potentially avoided through risk reduction, including hospitalizations and physician services, were estimated using a Congressional Budget Office cost accounting methodology. RESULTS: The estimate of the seven-year (2005-2011) net savings in medical costs resulting from a reduction in the incidence of CHD among the elderly population through the daily use of omega-3 fatty acids was approximately 210 billion Korean won. Approximately 92,997 hospitalizations due to CHD could be avoided over the seven years. CONCLUSIONS: Our findings suggest that omega-3 supplementation in older individuals may yield substantial cost-savings by reducing the risk of CHD. It should be noted that additional health and cost benefits need to be revisited and re-evaluated as more is known about possible data sources or as new data become available.

• Journal of Energy Engineering
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• v.18 no.4
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• pp.221-229
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• 2009

This study develops the optimized operation program which enables effective and economic operation between individual and connected branch offices by analyzing the current status and influential indicators of district heating companies' capital branch offices. Accordingly, the study examines the efficiency of optimized operation program. In doing so, this study has diagnosed and analyzed various factors, such as boilers, pumps, and relevant tags (temperature, pressure, fuel amount) through investigation of individual branch offices, and finally succeeded in developing wide-ranging data base by factor covering one-year time period. Additionally, after running the optimized operation program, different branch offices, optimum preference has turned out "incinerator receiving heat from KEPCO>CHP >PLBs>PLBw." Meantime, except the connected offices, there has been no big difference between actual and optimum operation program in branch offices. Meanwhile, the integrated optimum operation program has made it possible the most optimal result only via the connecting supply and demand heat without changing received Heat from KEPCO which is the same as total productive heat. The result has showed that the reduction percentage per day is 2.45~6.80%, and the reduction cost per day is 22,727~60,077 thousand won given the randomly selected sample days. In particular, winter time shows the highest demand with the largest reduction cost whereas summer time illustrates the lowest demand with the smallest reduction cost. Given this result, reduction cost per year compared to actual heat production cost for one year theoretically would be 84 hundred million won. Also, the economic effect showed that the reduction cost percentage per year is more than 2.74% on heat production cost per year for all capital branch offices.

• Journal of the Korea Safety Management & Science
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• v.8 no.5
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• pp.131-137
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• 2006

The Cost has been much emphasized in inside of an army because of the promotion of reconciliation atmosphere between South and North Korea and the reduction of defense budget since 1990. So we are now faced with the problem that we should consider a cost above all besides the performance and arrangement for such a restriction of budget in time of developing new generation weapon systems. In this research we are suggested following two methodologies. One is the develop a weapon system with optimum cost considering a Life Cycle Cost from the first stage of design and the other is the cost control and management with the establishment of Target cost.

• International conference on construction engineering and project management
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• 2015.10a
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• pp.606-607
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• 2015

The traffic volume on the road shows various trends reflecting regional characteristics for monthly and hourly, and economic loss affecting users varies according to the selected period for the maintenance of road pavements. Therefore, in this study, the user cost (or delay cost) for monthly and hourly on the work zone near the Maesang Bridge Section on Poseung-Gu, Pyeongtaek-si, Gyeonggi-do was calculated using the time series models and VISSIM, and based on the result, the effect of user cost reduction according to the selection of best maintenance period was examined. The analysis result showed that the month of the lowest user cost occurred due to the maintenance of target section was January (10,293,258 KRW/Day×1km) and the month of the greatest user cost occurred was November (13,337,495 KRW/Day×1km).

• 한국정보디스플레이학회:학술대회논문집
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• 2005.07b
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• pp.873-877
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• 2005

Recent developments in Dual Select Diode (DSD) AMLCD technology are described. They include a novel array design and drive method with shared select lines, which leads to higher aperture ratio and a further reduction of module cost. A Color-On-Array DSD process and pixel layout compatible with In-Plane-Switching is also proposed.

• Journal of the Korean Society of Environmental Restoration Technology
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• v.25 no.4
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• pp.15-31
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• 2022

The Green Purification Unit System (GPUS) is a green infrastructure facility applicable to the roadside to reduce particulate matter from road traffic. This study introduces two types of GPUS (type1 and type2) and assesses the performance and maintenance costs of each of them. The GPUS's performance analysis used the data collected in November 2021 after the installation of the GPUS type1 and type2 at the study site in Suwon. The changes in the particulate matter concentration near the GPUS were measured. The maintenance cost of GPUS type1 and type2 was assessed by calculating the initial installation cost and the management and repair cost after installation. The results of the performance analysis showed that the GPUS type1, which was manufactured by combining plants and electric dust collectors, had a superior particulate matter reduction performance. In particular, type1 produced a greater effect of particulate matter reduction in the time with a high concentration (50㎍/m³ or higher) of particulate matter due to the operation of electric dust collectors. GPUS type2, which was designed in the form of a plant wall without applying an electric dust collector, showed lower reduction performance than type1 but showed sufficiently improved performance compared to the existing band green area. Meanwhile, the GPUS type1 had three times higher costs for the initial installation than GPUS type2. In terms of costs for managing and repairing, it was evaluated that type1 would be slightly more costly than type2. Finally, this study discussed the applicability of two types of GPUS based on the result of the analysis of their particulate matter performance and maintenance cost at the same time. Since GPUS type2 has a cheaper cost than type1, it could be more economical. However, in the area suffering a high concentration of particulate matter, GPUS type1 would be more effective than type2. Therefore, the choice of GPUS types should rely on the status of particulate matter concentration in the area where GPUS is being installed.