• The Transactions of The Korean Institute of Electrical Engineers
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• v.57 no.12
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• pp.2179-2185
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• 2008

This paper deals with the optimal investment method for distribution facilities, based on the analytical approach for the reliability assessment in distribution systems interconnected with new dispersed generations. The existing approach can estimate the expected reliability performance of distribution systems by a direct assessment of the configuration of the systems using the reliability indexes such as NDP(Non-Delivery Power) and NDE(Non-Delivery Energy). The indexes can only consider the number and configuration of the load, but can not consider the characteristics of the load which is the one of the most important factor in the investment cost for the distribution systems. Therefore, this paper presents the new performance indexes for the investment of the distribution facilities considering both the expected interruption cost for the load section and the operation characteristics of dispersed generations. The results from a case study show that the proposed methods can be a practical tool for the voltage management in distribution systems including dispersed sources.

• The Transactions of the Korean Institute of Electrical Engineers P
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• v.63 no.4
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• pp.266-270
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• 2014

In this paper, the effects of superconducting fault current limiter (SFCL) installed in power distribution system on reliability are evaluated and analyzed. The fault current will be decreased in power distribution system with SFCL because of the increased impedance of SFCL. The decreased fault current will improve the voltage drop of the bus of substation. The voltage drop is an important factor of power distribution system reliability. In this paper, improvement of reliability worth is analyzed when SFCLs are installed at the starting point in power distribution system. First, resistor-type SFCL model is used in PSCAD/EMTDC. Next, typical power distribution system is modeled. Finally, when the SFCLs with impedance 0.5 [${\Omega}$] are installed in feeder, power distribution system reliability is evaluated. Also, the improvement effect of reliability worth including the effect of voltage sag is analyzed using customer interruption cost according to whether or not SFCL is installed.

• Journal of the Korean Society for Aeronautical & Space Sciences
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• v.39 no.6
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• pp.576-584
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• 2011

In order to develop a launch vehicle successfully, it is important to estimate development costs accurately but it is also important to plan the annual budget. In this paper, the statistical method was utilized for cost spreading. For cost spread modeling, the suitability of the model by analyzing several statistical models was evaluated and consequently, the beta-distribution model has been selected. In this study, the validity of the annual estimation cost model was verified through the comparison of the actual development cost distribution and the estimating cost distribution of Space Shuttle Main Engine. In addition, this paper estimated the annual budget required for the development of the KSLV-II using currently allocated cost for successful development. It is anticipated that the present cost spread model can be applied to not only launch vehicle development but also other large complex system development.

• Journal of the Korea Institute of Military Science and Technology
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• v.14 no.5
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• pp.850-858
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• 2011

The risk analysis plays an important role in weapon system acquisition project due to uncertainties in the acquisition process. But in domestic, studies on risk analysis are insufficient and risk cost is not included in acquisition budget in policy. Therefore, in this study, we suggest a method that measures risk or success probability of project using the stochastic model. In particular, in order to calculate the success probability, we apply the joint probability distribution model of cost and schedule that are critical factors influencing the project risk. And also we verify the applicability of this model in Korean defence industry environment through case studies.

• Journal of the Korea Safety Management & Science
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• v.1 no.1
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• pp.135-143
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• 1999

This paper discusses an optimal burn-in procedure to minimize total costs based on the assumption that the failure rate pattern follows a bimodal mixed Weibull distribution. The procedure will consider warranty period as a factor of the total expected bum-in cost. A cost model is formulated to find the optimal burn-in time that minimizes the expected burn-in cost. Conditional reliability for warranty period will be discussed. An illustrative example is included to show how to use the cost model in practice.

• Journal of Korean Society for Quality Management
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• v.8 no.2
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• pp.15-22
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• 1980

This paper deals with the problem of determining a minimum cost sampling inspection plan for a single destructive testing by attribute. The cost for inspection lot is constructed by following three cost factors: (1) cost of inspection, (2) cost of accepted defective, (3) cost of rejected lot Using Hald's Bayesian approach in a single non-destructive testing, procedure's for finding the minimum cost single destructive sampling inspection plan by attribute are given. Assuming the uniform distribution as a prior-distribution and using numerical analysis by computer, a minimum cost single destructive sampling inspection plan by attribute for several lot sizes, unit cost, destructive testing cost, and salvage cost is given.

• Proceedings of the KIEE Conference
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• 2006.07a
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• pp.95-96
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• 2006

As the power industry moves towards open competition, there has been a call for methodology to evaluate distribution power system reliability by using customer interruption costs. Accordingly, it is increased for methodology to evaluate distribution power system reliability in power supply zones under competitive electricity market. This paper presents algorithm to evaluate system average interruption duration index. expected energy not supplied and system outage cost taking Into consideration failure rate of distribution facility and industrial customer interruption cost. Also, to apply this algorithm to evaluate system outage cost presented in this paper, distribution system of a dual supply system consisting of mostly high voltage customers in industrial complex in Korea is used as a sample case study. Finally, evaluation results of system interruption cost, system average interruption duration index and expected energy not supplied in sample industrial complex area are shown in detail.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.24 no.65
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• pp.11-22
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• 2001

Recently, many studies on the supply chain management have been published due to increasing attention placed on the design and performance analysis of the supply chain as a whole. Using the Beer distribution game introduced in Sterman[1995], we develop a simple order-up-to-R inventory model to minimize sum of the inventory holding cost and shortage cost under probabilistic demand. We show that performance of the model is robust through extensive simulation experiment. Applying the model to serially connected supply chain, we observe that, if the unit shortage cost is relatively high, R value computed independently is an optimal solution.

• The Transactions of the Korean Institute of Electrical Engineers A
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• v.52 no.12
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• pp.705-712
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• 2003

In this paper, we propose new unified methodologies of reliability and its cost evaluation in power distribution systems. The unified method means that the proposed reliability approaches consider both conventional evaluation factor, i.e. sustained interruptions and additional ones, i.e. momentary interruptions and voltage sags. Because the three voltage quality phenomena generally originate from the outages on distribution systems, the basic and additional reliability indices are summarized considering the fault clearing mechanism. The proposed unified method is divided into the reliability evaluation for calculating the reliability indices and reliability cost evaluation for assessing the damage of customer. The analytic and probabilistic methodologies are presented for each unified reliability and its cost evaluation. The time sequential Monte Carlo technique is used for the probabilistic method. The proposed DVL(Demand Varying Load) model is added to the reliability cost evaluation substituting the average load model. The proposed methods are tested using the modified RBTS(Roy Billinton Test System) form and historical reliability data of KEPCO(Korea Electric Power Corporation) system. The daily load profile of the each customer type in domestic are gathered for the DVL model. Through the case studies, it is verified that the proposed methods can be effectively applied to the distribution systems for more detail reliability assessment than conventional approaches.

• Proceedings of the KIEE Conference
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• 2002.07a
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• pp.74-78
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• 2002

In this study, We propose equations which can determine the number of sectionalizing switches for minimizing the outage and switch installation cost.