• Journal of Energy Engineering
• /
• v.17 no.3
• /
• pp.139-144
• /
• 2008

Recently due to march as the high oil price, It is necessary for Korea to grope a plan, which is to increase the energy efficiency of existing facilities as well as to develop overseas gas and oil resources. With this point, this work carried out to approach the high pressure LNG pipeline network of Inchon receiving terminal with Newton method as corrective flowrate. We found that the high pressure network mainly depends on FCVs(Flow Control Valves). The high pressure pump showed the maximum efficiency at the FCVs of 50% opening and could discharge LNG only above the LNG head of 1,500m from a system curve obtained. The operating cost of pumps was estimated from their operating points. We compared the operating cost under normal operation with the operating cost under maximum efficiency. Especially, we obtained the day savings of a year as wells as the hour savings of a day. From the results, the high pressure network win be able to reduce the operating cost of 138 million wons in a year. This means that a pump can reduce the operating cost of 9,823 thousands won. Consequently, this work could find the operating features of the pumps under the complicated high pressure LNG network and the savings effect of the pump operating cost. Also, the results will be able to macroscopically contribute the heightening of national energy competitiveness as well as to microscopically contribute the future effective operation of LNG receiving terminal.

• Proceedings of the Korean Institute of Building Construction Conference
• /
• 2014.05a
• /
• pp.60-61
• /
• 2014

the reference values are high, because the Korean construction standards quote the foreign construction standars indiscriminately. Therefore ten experts were consulted to draw the items about the machine equipment construction standards for project cost saving in this study.

• Journal of Distribution Science
• /
• v.8 no.4
• /
• pp.35-41
• /
• 2010

Although dictionary definition of standardization is 'to prevent disordered complexity and to make and use rules for reasonable simplification or unification, from a position of shop-floor operations of distribution, it is directly connected to efficiency, that is 'productivity equals cost savings'. This study analyzed influence of standardization of agricultural product packages in hypermarkets on costs in stakeholders of distribution channel such as suppliers, distribution centers and hypermarkets. The research findings demonstrated that it would influence manufacturing costs of suppliers and improve shop productivity of hypermarkets.

• Journal of the Korean Operations Research and Management Science Society
• /
• v.19 no.1
• /
• pp.169-187
• /
• 1994

The efficiency of marketing channel of distribution between a sholesaler and a retailer with uncertain characteristics can be improved by influencing the retailer's ordering pattern. The wholesaler with large unit invetory holding cost can offer a large quantity discount tanks to the great benefit which comes from the transfer of part of his inventory to retailer. The retailer's increasing average inventory holding cost can be offset by the quantity discount and by savings of the ordering cost. Conditions under which marketing channel improvement can be possible are derived.

• Journal of the Korea Academia-Industrial cooperation Society
• /
• v.20 no.10
• /
• pp.149-158
• /
• 2019

The scheduling of planned maintenance problem of a system consisting of a number of components was studied. The purpose of maintenance scheduling is to minimize the cost of maintaining long-term operations. On the system side, the cost of a system shutdown can be minimized by grouping and inspecting a number of components. In addition, proper inspection cycles can be selected for each component to identify the failure sufficiently early to minimize the cost of the failure. To reduce the complexity of the calculations, the 'base interval approach' used in previous studies was applied and, in addition, the inspection cost savings from simultaneous inspections of multiple components were considered. To compare the effectiveness of inspection cost savings, this paper presents the results of simulation analysis performed by referring to the cases in the existing studies.

• Journal of Korea Water Resources Association
• /
• v.42 no.9
• /
• pp.759-771
• /
• 2009

The electricity cost of pumping system accounts for a large part of the total operating cost for long distance water supply networks. This study presents a method based on dynamic programming for establishing an joint optimal operation of pumps and storages system on a hourly basis. Analysis is taken of the relative efficiencies of the available pumps, the structure of the electricity tariff, the consumer-demand pattern, and the storage characteristics and operational constraints of the pipe. The possible system objectives and constraints are described. An application of the method to the existing Yangju Water Supply System consisted of two pump station and 5 storage pools under the condition of expanding pumping facility in the part of the Capital Area Water Supply System is presented, showing that considerable electricity cost savings are remarkable. The approach was found to be implementable in real system operation and large-scale water supply system design in respect of minimizing life-cycle total cost.

• Journal of the Korean Dietetic Association
• /
• v.9 no.1
• /
• pp.32-39
• /
• 2003

Although medical nutrition therapy (MNT) is considered as a cornerstone of medical treatment for hypercholesterolemia, few studies have evaluated medical and economical outcome of MNT. This study was conducted to identify whether MNT administered by registered dieticians could lead to a beneficial clinical and cost outcome in persons with hypercholesterolemia. A prospective clinical trial was carried out at outpatient clinics, which involved an initial visit with a dietitian followed by another visit at first 4 weeks during the 6 weeks study periods. Thirty-nine subjects took part in a 6 weeks nutrition intervention program. Clinical and economical outcomes were compared before and after MNT. Medical nutrition therapy lowered total serum cholesterol level 6.1% (P<0.05), low-density lipoprotein cholesterol (LDL-C) 9.4% (P<0.05) and high-density lipoprotein cholesterol (HDL-C) 3.0% (P<0.05). The cost-effective ratio was ￦ 1,520/cholesterol mg/dl and ￦ 1,441/LDL-cholesterol mg/dl, respectively. After dietitian's intervention, lipid drug eligibility was obviated in 16 of 39(41%) subjects. The cost savings from the avoidance of lipid medications was ￦ 151,107 per patient annually. In conclusion, it is suggested that provision of systemic intensive nutritional care for persons with hypercholesterolemia has significant effects on serum cholesterol reduction and clinical cost savings.

• Journal of Korean Institute of Industrial Engineers
• /
• v.26 no.1
• /
• pp.66-72
• /
• 2000

Inventory management of a product not to be produced any more has a great impact on the financial status of a company. Clearance pricing can make bigger sales volume together with great savings of inventory holding cost specially for a durable goods with relatively large inventory carrying cost and accordingly cash inflow can be improved. This paper deals with the inventory management by non-linear clearance pricing with the sales rate which depends on the accumulated sales volume and selling price.

• Journal of the Korean Operations Research and Management Science Society
• /
• v.6 no.1
• /
• pp.25-32
• /
• 1981

The optimum design problem of a proposed oil pipeline network has been formulated as a zero-one programming model to determine the optimum sizes of pipe and pump which minimize the sum of material costs and operating costs during the 20 years of life span. Applying to a real situation, the problem constitutes an assignment type zero-one programming with 372 zero-one variables and 13 constraints. A heuristic algorithm has been developed based on the modified Petersen algorithm utilizing the special form of the activity matrix. The results showed impressive cost savings of 37 percent of the total cost from the original proposal.

• Journal of the Microelectronics and Packaging Society
• /
• v.8 no.2
• /
• pp.49-52
• /
• 2001

This paper presents product level considerations for multichip packaging as a cost effective alternative to single chip packaging in the design and manufacture of mobile telephony products. Important aspects include component functionality and complexity, acquisition and logistics costs, product modularity and integration. Multichip packaging offers unique solutions and significant system level cost savings in many applications including RF modules, digital matrix functions and product options such as security, data storage, voice recognition, etc.