• Title/Summary/Keyword: Cost-loss Model

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Optimal Design of Power Loss for 3 Phase Voltage Source Inverter by using Thermal Management (써멀 메니지먼트(Thermal Management)에 의한 3상 전압형 인버터의 전력손실 최적화 설계)

  • Cho, S.E.;Park, S.J.
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.56 no.10
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    • pp.1757-1762
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    • 2007
  • Recently, the demand for the low cost power conversion equipment is rapidly increased. To develop this three phase voltage source inverter, optimum power conversion equipment to system is designed. The optimum operation method to minimize the power loss also satisfy the life time of the power electronics that is request in the present industry. In this paper, the efficient operating method to change of the acceleration, jerk, and switching frequency in the interval of acceleration is selected to optimize the power loss and life time of the power electronics by using the elevator model. So, we proposed the method that 50[A] rating power electronics is adopted in 9[kW] load.

A Modified EGEAS Model with Avoided Cost and the Optimization of Generation Expansion Plan (회피비용을 고려한 EGEAS 모형 개발과 전원개발계획의 최적화)

  • 이재관;홍성의
    • Journal of the Korean Operations Research and Management Science Society
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    • v.17 no.1
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    • pp.117-117
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    • 1992
  • Pubilc utility industries including the electric utility industry are facing a new stream of privatization com-petition with the private sector and deregulation. The necewssity to solve now and in the future power supply and demand problems has been increasing through the sophisticated generation expansion plan(GEP) approach con-sidering not only KEPCo's supply-side resources but also outside resources such as non-utility generation(NUG) demand-side management (DSM). Under the environmental situation in the current electric utility industry a new approach is needed to acquire multiple resources competitively. This study presents the development of a modified electric generation expansion analysis system(EGEAS) model with avoided cost based on the existing EGEAS model which is a dynamic program to develope an optimal generation expansion plan for the electric utility. We are trying to find optimal GEP in Korea's case using our modified model and observe the difference for the level of reliabilities such as the reserve margin(RM) loss of load probability(LOLP) and expected unserved energy percent(EUEP) between the existing EGEAS model and our model. In addition we are trying to calculate avoided cost for NUG resources which is a criterion to evaluate herem and test possibility of connection calculation of avoided cost with GEP implementation using our modified model. The results of our case study are as follows. First we were able to find that the generation expansion plan and reliability measures were largely influenced by capacity size and loading status of NUG resources, Second we were able to find that avoided cost which are criteria to evaluate NUG resources could be calculated by using our modified EGEAS model with avoided cost. We also note that avoided costs were calculated by our model in connection with generation expansion plans.

A Condition Based Maintenance Model for Systems with Weibull Distributed Deterioration (와이블 분포로 열화하는 시스템의 상태에 기초한 정비모형)

  • Kong, Myung Bock;Park, Il Gwang
    • Journal of Korean Institute of Industrial Engineers
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    • v.33 no.1
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    • pp.70-75
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    • 2007
  • This paper discusses condition based preventive replacement for deteriorating systems. The system continuouslydeteriorates in time and fails at any deterioration level which is always monitored, It is replaced at failure or atsome deteriorated level preventively before failure. The deterioration process is represented by a Weibulldistribution with a time-linear scale parameter. The cost rate function is formed considering replacement costand opportunity loss cost and deterioration dependent failure distribution, If the system has an increasingdeterioration dependent failure rate, the optimal deterioration level for preventive replacement can be determinedfrom minimizing the cost rate. An illustrative example is given for a Weibull deterioration dependent failuredistribution.

Economic Decision of Specification Limits for a Ham Production Process - An Industrial Case Study -

  • Cha, Young-Joon;Hong, Yeon-Woong;Lee, Jae-Man
    • Journal of the Korean Data and Information Science Society
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    • v.16 no.4
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    • pp.943-949
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    • 2005
  • An economic design of specification limits for production process of ham is considered for a given process mean in a complete inspection plan. Each ham is inspected, and if it meets the specification, it is accepted. The ham less than the lower specification limit are changed another products or at a discounted price, and those greater than the upper specification limit are reworked. A profit model is developed which involves selling price, production cost, rework cost and the cost which is incurred by imperfect quality. Methods for finding the optimal specification limits are derived for the case of piecewise linear loss function with an industrial case study.

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Comments on : An Expected Loss Model for FMEA under Periodic Monitoring of Failure Causes (FMEA에서 주기적인 고장원인 감시하의 기대손실모형에 대한 소고)

  • Yun, Won Young;Kwon, Hyuck-Moo
    • Journal of Korean Institute of Industrial Engineers
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    • v.40 no.3
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    • pp.321-324
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    • 2014
  • Kwon et al. (2013) studied the optimal monitoring interval of systems with finite life cycle. It is assumed that there are several failure modes from several failure causes and the occurrence of causes follows a homogeneous Poisson process. The total expected cost is used as an optimization criterion. In this article, we derive newly the total expected cost under the same assumptions and consider some extended models.

Burn-in Considering a Trade-Off of Yield and Reliability (수율과 신뢰도의 상충효과를 고려한 번인)

  • Kim, Kyung-Mee
    • IE interfaces
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    • v.20 no.1
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    • pp.87-93
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    • 2007
  • Burn-in is an engineering method for screening out products containing reliability defects which would cause early failures in field operation. Previously, various burn-in models have been proposed mainly focused on the trade-off of shop repair cost and warranty cost ignoring manufacturing yield. From the view point of a manufacturer, however, burn-in decreases warranty cost at the expense of yield reduction. In this paper, we provide a general model quantifying a trade-off between product yield and reliability, in which any defect distribution from previous yield models can be used. A profit function is expressed in burn-in environments for determining an optimal burn-in time. Finally, the method is illustrated with gate oxide failures which is an important reliability concerns for VLSI CMOS circuits.

Welfare Impacts of Behavior-Based Price Discrimination with Asymmetric Firms

  • Chung, Hoe-Sang
    • Asia-Pacific Journal of Business
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    • v.11 no.1
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    • pp.17-26
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    • 2020
  • Purpose - This paper studies the welfare impacts of behavior-based price discrimination (BBPD) when firms are asymmetric in quality improvement costs. Design/methodology/approach - To this end, we consider a differentiated duopoly model with an inherited market share, where firms first make quality decisions and then compete in prices according to the pricing scheme, namely, uniform pricing or BBPD. Findings - We show that BBPD increases social welfare relative to uniform pricing if the firms' cost gap is large enough. This is because BBPD induces more consumers to buy a high-quality product than under uniform pricing, and because a low-cost firm's profit loss from BBPD decreases as the cost difference increases. Research implications or Originality - Our analysis offers policy implications for markets where BBPD raises antitrust concerns, and quality competition prevails.

Sensitivity Analysis of Burn-in Model considering Bimodal-Mixed Weibull Distribution under Free Warranty Policy (무료보증정책하에서 이봉-혼합 와이블 분포를 고려한 Burn-in 모형의 민감도 분석)

  • Song Suh-Ill;Jo Young-Chan;Park Hyun-Kyu;Shon Han-Deak
    • Proceedings of the Korean Society for Quality Management Conference
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    • 1998.11a
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    • pp.544-555
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    • 1998
  • Although the bimodal mixed weibull distribution is used to developing burn-in model widely, the failure times for a component or a system is often truncated at some time, T, due to the obsolescence in the electronics industry. In this paper, we will determine minimum total cost and burn-in time by using the bimodal mixed weibull distribution and the truncated bimodal mixed weibull distribution under the free warranty policy. The results of this study are summarized as follows. First, when products or system is not repairable, the width of the change of burn-in time can be larger by ${\beta}_1,\;{\beta}_2$ Second, if burn-in time become longer, it will be impossible to consider the bum-in in a long time, and in this case, the burn-in time should be shorten by the acceleration burn-in. Third, in case that opportunity loss cost or repair cost is exceed the warranty cost, or the total cost of considering burn-in is larger than that of not considering burn-in, it is not existed burn-in time which makes total cost to minimize. Forth, the shorter life-cycle of product, the more burn-in times will be decreased and the cost in considering burn-in will be increased

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An Analysis of Policy Priority for Work-Related Injury & illness and Investment Losses of Workplace Safety (작업관련성 손상·질병 발생과 손실비용에 따른 예방정책 우선순위 연구)

  • Park, Kyoung-Don;Yi, Kwan-Hyung
    • Journal of the Korea Safety Management & Science
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    • v.15 no.4
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    • pp.7-16
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    • 2013
  • As workplace incidents has been being declining in Korea, there is criticism of the effectiveness of occupational safety policy implementation. It is unknown that which policy target group needs to be targeted to yield effective injuries prevention. The purpose of this paper is to analyze and reveal the policy intervention group with a high priority in terms of industrial incident prevention and the related investment cost. A Policy Priority Model(PPM) is composed of 6 indicators regarding influences of both the incident reduction and the cost reduction. Z-score analyses are used to confirm the high policy priority area or policy target group. Overall, workplace with worker below 50 persons, construction site with the sales of more than a hundred million won, workplace with relatively small percentage of female employees and relatively higher percentage of older worker should be prioritized to reduce workplace injuries. This paper provides an analytic way that can be used to decide the policy priority workplace in order not only to reduce work-related injuries&illnesses and the related investment cost but to further lessen the related societal costs.

A Methodology of Seismic Damage Assessment Using Capacity Spectrum Method (능력 스펙트럼법을 이용한 건물 지진 손실 평가 방법)

  • Byeon, Ji-Seok
    • Journal of the Earthquake Engineering Society of Korea
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    • v.9 no.3 s.43
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    • pp.1-8
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    • 2005
  • This paper describes a new objective methodology of seismic building damage assessment which is called Advanced Component Method(ACM). ACM is a major attempt to replace the conventional loss estimation procedure, which is based on subjective measures and the opinions of experts, with one that objectively measures both earthquake intensity and the response ol buildings. First, response of typical buildings is obtained analytically by nonlinear seismic static analysis, push-over analyses. The spectral displacement Is used as a measure of earthquake intensity in order to use Capacity Spectrum Method and the damage functions for each building component, both structural and non-structural, are developed as a function of component deformation. Examples of components Include columns, beams, floors, partitions, glazing, etc. A repair/replacement cost model is developed that maps the physical damage to monetary damage for each component. Finally, building response, component damage functions, and cost model were combined probabilistically, using Wonte Carlo simulation techniques, to develop the final damage functions for each building type. Uncertainties in building response resulting from variability in material properties and load assumptions were incorporated in the Latin Hypercube sampling technique. The paper also presents and compares ACM and conventional building loss estimation based on historical damage data and reported loss data.