• Journal of Korean Institute of Industrial Engineers
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• v.23 no.3
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• pp.545-557
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• 1997

This paper deals with dynamic optimal pricing for new products by a firm which maximizes the discounted profit stream of it's own in a duopoly. The problem is constructed as differential games and dynamic optimization theory. Cost is assumed to decline as time goes on. A modified customer's choice model is formulated as a diffusion model and we solve a dynamic optimization problem by adopting the diffusion model. Since this paper focus on deriving real prices not showing a time trend, we formulate recursive form equations of costate variables(shadow price) and a simultaneous equation of price. Hence we derive a dynamic optimal pricing model for using in real market. In particular, we construct a dynamic optimal pricing model in the case that there are benefits from not only new subscribers but also previous subscribers. We analyze instant camera market in U.S.A(1976-1985) by utilizing the above model.

• The Transactions of the Korean Institute of Electrical Engineers A
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• v.48 no.10
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• pp.1247-1250
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• 1999

This paper presents an algorithm for evaluating power wheeling effects. For a specific operating condition, the effects are quantified by the sensitivity of specific quantities of interest with respect to power wheeling level. Quantities of interest are total operating cost, transmission losses, and system security which is quantified with several indices. The model and solution method are applied on a example power system and the results are presented.

• The Transactions of the Korean Institute of Electrical Engineers A
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• v.52 no.10
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• pp.557-562
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• 2003

This paper presents a power transfer capability calculation algorithm considering the closest saddle node bifurcation for voltage stability margin. In this method, voltage stability margin constraints considering the closest saddle node bifurcation are incorporated into a power transfer capability formulation to guarantee adequate voltage security levels in an interconnected power system. The proposed method is applied to IEEE-24 reliability test system and the results show the effectiveness of the method.

• Journal of Astronomy and Space Sciences
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• v.30 no.1
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• pp.17-24
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• 2013

The use of generating functions for solving optimal rendezvous problems has an advantage in the sense that it does not require one to guess and iterate the initial costate. This paper presents how to apply generating functions to analyze spacecraft optimal reconfiguration between projected circular orbits. The series-based solution obtained by using generating functions demonstrates excellent convergence and approximation to the nonlinear reference solution obtained from a numerical shooting method. These favorable properties are expected to hold for analyzing optimal formation reconfiguration under perturbations and non-circular reference orbits.

• Nuclear Engineering and Technology
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• v.1 no.2
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• pp.79-85
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• 1969

Determination of a two-point boundary value problem is the key of finding the control function u(f) with the application of the fundamental idea of Minimum principle. The late development shows the discovery of the initial testate vector for the solution of a two-point value problem. As a new technique of determining the optimal control function, Newton's sequential method is examined in this paper.

• Journal of the Korean Society for Aeronautical & Space Sciences
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• v.33 no.9
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• pp.56-65
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• 2005

A dynamic analysis method that freezes a time domain by discretization and solves the spatial propagation equation has a unique feature that provides a degree of freedom on spatial domain compared with the space discretization or space-time discretization finite element method. Using this feature, the time finite element analysis can be effectively applied to optimize the spatial characteristics of distributed type actuators. In this research, the time domain finite element method was used to discretize the model. A state variable vector was used in the discretization to include arbitrary initial conditions. A performance index was proposed on spatial domain to consider both potential and vibrational energy, so that the resulting shape of the distributed actuator was optimized for dynamic control of the structure. It is assumed that the structure satisfies the final rest condition using the realizable control scheme although the initial disturbance can affect the system response. Both equations on states and costates were derived based on the selected performance index and structural model. Ricatti matrix differential equations on state and costate variables were derived by the reconfiguration of the sub-matrices and application of time/space boundary conditions, and finally optimal actuator distribution was obtained. Numerical simulation results validated the proposed actuator shape optimization scheme.