• Title/Summary/Keyword: Economic loss

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On-Line Economic Dispatch Algorithm including Transmission Loss (송전손실을 고려한 온라인 경제급전 알고리즘)

  • Jeon, D.H.;Kim, K.J.;Choi, J.H.;Jang, K.C.;Lim, J.H.;Lee, S.J.
    • Proceedings of the KIEE Conference
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    • 1998.07c
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    • pp.847-849
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    • 1998
  • In this paper, we propose the generalized on-line economic dispatch algorithm including transmission loss. it was derived from the process developing matrix form of the classic ELD problem. it can rapidly calculate generation power using transmission loss and transmission loss sensitivity calculated from the result of power flow analysis. Transmission loss sensitivity ${\partial}P_{loss}/{\partial}P_G$ is derived using optimization technique.

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Economic Design of the Specification for Geometrical Quality Characteristic

  • Ma, Yizhong;Zhao, Fengyu;Xu, Jichao
    • International Journal of Quality Innovation
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    • v.2 no.1
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    • pp.50-57
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    • 2001
  • The economic design of specification limits must be determined on an economic basis where we minimize total loss to society, which consists of both the producer and the consumer. Economic specification limits have been developed based on the assumption that the quality characteristic is normally distributed. Unfortunately, the assumption is not to meet some practical cases. In this paper, some non-normal distributions are considered for quality characteristic with geometrical features. An economic model for selecting the optimum specification limits on the basis of minimizing total cost is introduced. A case study is presented to illustrate the application in practice.

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A Power System Economic Operation using Bus Distributed Transmission Loss Information (분산 송전손실정보에 의한 전력시스템의 경제운용)

  • 이봉용;심건보
    • The Transactions of the Korean Institute of Electrical Engineers
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    • v.39 no.4
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    • pp.333-340
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    • 1990
  • 분산 송전송실정보에 의한 전력시스템의 경제운용=The transmission loss information produced in a line may be shared by both end buses connected to the line. Then, the loss may be seen as if it is discretely produced at both buses. Likewise, all transmission losses can be considered as if they are discretely produced at every bus distributed. The bus transmission loss equation can be defined, in which the loss information about connected lines are contained. This formulation can greatly enhance the computational efficiency for the economic control of both real powers and voltages. It requires solutions of two linear matrix equations, one for the calculation of incremental transmission losses and the other for the determination of voltage levels to be controlled. The Proposed approach is demonstrated through three sample systems and it is found that the solutions can be obtained after three iterations regardless of system sizes. This implies that only one-step search would be required for the solution if real informations would be available. Results are compared with those of optimal power flows.

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Economic Selection of Specification Limits for a Given Target Value (공정평균(工程平均)의 목표치(目標値)가 주어진 경우 규격한계(規格限界)의 경제적(經濟的) 선정(選定))

  • Riew, Moon-Charn
    • Journal of Korean Institute of Industrial Engineers
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    • v.15 no.2
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    • pp.57-64
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    • 1989
  • An Economic selection of specification limits is considered for a given target value in a complete inspection plan. Each item is inspected, and if it meets the specification, it is accepted. Items less than the lower specification limit are scrapped or sold at a reduced price, and those greater than the upper specification limit are reworked. Cost factors to be considered are economic loss caused by quality deviations, rework cost and scrapping cost. Methods for finding the optimal specification limits are given for the cases of piecewise linear loss function and quadratic loss function with illustrative examples.

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Development of Expected Loss Capability Index Using Reflected Normal Loss Function (역정규 손실함수를 이용한 기대손실 능력지수의 개발)

  • Chun, Dong-Jin;Chung, Young-Bae
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.40 no.1
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    • pp.41-49
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    • 2017
  • Process quality control, which prevents problems and risks that may occur in products and processes, has been recognized as an important issue, and SPC techniques have been used for this purpose. Process Capability Index (PCI) is useful Statistical Process Control (SPC) tool that is measure of process diagnostic and assessment tools widely use in industrial field. It has advantage of easy to calculate and easy to use in the field. $C_p$ and $C_{pk}$ are traditional PCIs. These traditional $C_p$ and $C_{pk}$ were used only as a measure of process capability, taking into account the quality variance or the bias of the process mean. These are not given information about the characteristic value does not match the target value of the process and this has the disadvantage that it is difficult to assess the economic losses that may arise in the enterprise. Studies of this process capability index by many scholars actively for supplement of its disadvantage. These studies to evaluate the capability of situation of various field has presented a new process capability index. $C_{pm}$ is considers both the process variation and the process deviation from target value. And $C_{pm}{^+}$ is considers economic loss for the process deviation from target value. In this paper we developed an improved Expected Loss Capability Index using Reflected Normal Loss Function of Spring. This has the advantage that it is easy to realistically reflect the loss when the specification is asymmetric around the target value. And check the correlation between existing traditional process capability index ($C_{pk}$) and new one. Finally, we propose the criteria for classification about developed process capability index.

The Convergence relation of tobacco smoking to tooth loss in older adults (65세 이상 한국 노인들의 결손치와 흡연의 융합관계)

  • Jun, Mee-Jin
    • Journal of the Korea Convergence Society
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    • v.7 no.5
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    • pp.127-134
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    • 2016
  • This study aims to investigate the factors affecting tooth loss and the association between smoking and tooth loss, by using the forth Korea National Health and National Examination Survey(2007-2009) of 1,565 elderly people over 65 years old. In terms of the characteristics, as age increases, tooth loss increases. In particular, according to the results of the analysis that identify the correlation between smoking to gender, socio-economic status and dental visiting patterns after correcting socio-economic factors and behavior, it is clear that male's tooth loss is higher than female's in current smoking and tooth loss is caused highly in the lower socio-economic status. In the dental visiting patterns, tooth loss is high when visiting more than twice a year. Therefore, it seems to need a preventive non-smoking policy at the level of dental services through further studies.

A Study on the Power Loss Cost of Inner-Grid in the Offshore Wind Farm (해상풍력단지 내부그리드의 전력손실비용에 관한 연구)

  • Shin, Je-Seok;Kim, Sung-Yul;Bae, In-Su
    • Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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    • v.28 no.3
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    • pp.72-77
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    • 2014
  • The cross-section area of cable in the Offshore Wind Farm (OWF) is smaller than that in the onshore wind farm. Because the power loss in OWF is large relatively, the power loss is a key element for the economic evaluation of OWF design. The availability of wind turbine in OWF and the size of OWF are larger than those of onshore wind farm. If the economic evaluation of OWF ignores the availability of wind turbines, the power loss cost of OWF is overpriced. Since there are so many wind turbines, also, the calculation of power loss should be more accurate. In this paper, a method to calculate power loss is proposed for the design of big and complex inner-grid in OWF. The 99.5MW OWF is used for case study to see what effect the proposed method have on the power loss cost.

Effects of Economic Pressure among Unemployed Heads of Households : An Empirical Analysis of Moderating Effects by Family Support (실직 가구주 가정의 경제적 부담감이 가구주의 심리상태에 미치는 영향 : 가족 지지의 완충효과에 관한 실증적 분석)

  • Ryu, Seong-Ryeol;Cheong, Key-Won
    • Korean Journal of Social Welfare
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    • v.42
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    • pp.397-422
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    • 2000
  • Since 1998 when economic assistance from IMF started, the empirical research on the effects of unemployment and drastic income loss on psychological functioning among the unemployed as well as their family members has increased. These studies have found that unemployment and drastic income loss following unemployment have significant negative influence on the psychological outcomes such as anxiety and depression of the unemployed and their family members. Studies have also focused on the role of social support in this process, and reported that depending on the levels of received social support, unemployment and income loss have differential effects on the psychological aspects of the unemployed. However, these studies have several weaknesses. First, most of the related studies employed the data which were collected from limited regions of the country, which imposes limitations on the scope of the generalizability of research findings. Second, the main independent variables used in these studies were mainly unemployment or income loss, which ignore the psychological evaluation by the employed of their family financial situations. Third, in analyzing the moderating effects of social support, most studies have focused mainly on showing the existence of moderating effects by social support. Consequently, the nature and role of social support remained unanalyzed and left to speculations. The purpose, of this study is to examine the effects of economic pressure experienced by family heads who were unemployed and to analyze the moderating role of social support based on a nationally representative sample. The findings showed that economic pressure has negative influence on anxiety and depressive feelings among the unemployed, and that the effect of economic pressure on depressive feelings were substantially higher among those who have received lower levels of social support from family members than that among those with higher levels of family support.

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Seismic Influence on Subsea Pipeline Stresses

  • Choi, Byoung-Yeol;Lee, Sang-Gil;Kim, Jin-Kwang;Oh, Jin-Soo
    • Journal of Advanced Research in Ocean Engineering
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    • v.3 no.1
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    • pp.1-14
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    • 2017
  • The safety analysis of an earthquake is carried out during the operation of a subsea pipeline and an onshore pipeline. Several cases are proposed for consideration. In the case of a buried pipeline, permanent ground deformation by the earthquake and an increase of internal pressure by the acceleration of the earthquake should be considered. In the case of a subsea pipeline, a bending moment is caused by liquefaction of the backfill material on a trenched seabed, etc., which results in a high bending moment of the buried pipeline. The bending moment causes the collapse of the subsea pipeline or a leak of crude oil or gas, which results in economic loss due to enormous environmental contamination and social economic loss owing to operation functional failure. Thus, in order to prevent economic loss and operation loss, structurally sensitive design with regard to seismic characteristics must be performed in the buried pipeline in advance, and the negative impact on the buried pipeline must be minimized by conducting a thorough analysis on the seabed and backfilling material selection. Moreover, it is proposed to consider the selection of material properties for the buried pipeline. A more economical review is also required for detailed study.

A Study on Education Service Quality's Expected Loss Evaluation Model with Potential Customer Satisfaction Improvement Index (잠재적고객요구개선지수를 이용한 교육서비스품질 기대손실평가 모형에 관한 연구)

  • Chang, Yong-Hyuk;Cho, Yu-Jin;Kang, Kyung-Sik
    • Journal of the Korea Safety Management & Science
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    • v.21 no.2
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    • pp.15-23
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    • 2019
  • Among service industries of knowledge based economic era, the roles of educational service field are becoming more important and standard of educational service makes a direct effect on economic development and social growth. Therefore, accurate measurement of service quality is the most important assignment and the measurement of the service quality remains difficult assignment. So, this researcher classified quality attributes applying weighted value and found potential satisfaction level(PSL) and potential customer demand improvement index(PCDI) for trainees participating in national manpower business so as to suggest measurement of service quality and easiness of use and then, calculated satisfaction position and opportunity cost by quality factor with Taguchi's loss fraction. And, improvable satisfaction level was measured, opportunity cost by degree of customer dissatisfaction was quantitatively measured, and a model that can indicate with economic factors was suggested. In addition, methodology of measuring quality cost that can be reduced by quality improvement and direction of strategic decision-making for deciding items to be improved preferentially were suggested with qualitative index that can indicate the degree of customers' dissatisfaction by loss.