• Journal of the Korean Operations Research and Management Science Society
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• v.35 no.4
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• pp.33-53
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• 2010

When purchase prices of a raw material fluctuate over time, the total purchasing cost is mainly affected by reordering time. Existing researches focus on deciding the right time when the demand for each period is replenished at the lowest cost. However, the decision is based on expected future prices which usually turn out to include some error. This discrepancy between expected prices and actual prices deteriorates the performance of inventory models dealing with fluctuating purchase prices. In this paper, we propose a new inventory model which incorporates not only cost but also risk into making up a replenishment schedule to meet each period's demand. For each replenishment schedule, the risk is defined to be the variance of its total cost. By introducing the risk into the objective function, the variability of the total cost can be mitigated, and eventually more stable replenishment schedule will be obtained. According to experimental results from crude oil inventory management, the proposed model showed better performance over other models in respect of variability and cost.

• IE interfaces
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• v.17 no.spc
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• pp.52-61
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• 2004

During the past decades automated storage/retrieval (AS/R) systems have been dominantly implemented in most industrial fields due to their handling efficiency and high utilization of storage space. Such AS/R systems consist of several modules each of which contains two racks and a S/R machine. This paper proposes a design of the hybrid AS/R module which can be adopted without too much initial expenditure by most of small-and-medium sized companies. The hybrid module consists of an AS/R module on the upper floor and a traditional warehouse module on the lower floor. For the AS/R module, analytical expressions of the expected travel times for the S/R machine and the elevator per operation are derived. The expected travel times represent the performance of the module and thus can be used for its economic design.

• Proceedings of the Korean Operations and Management Science Society Conference
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• 1995.09a
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• pp.113-118
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• 1995

본 연구는 폐쇄형 대기행렬망(CQN:Closed Network of Queue)으로 표시되는 FMS 시스템의 최적 성능을 산정하는 방법과 각 작업장의 작업 부하 (Workload)를 최적화하기 위한 방법에 관한 연구이다. FMS 생산 시스템의 성능 (Performance)을 기존의 생산률(Production Rate)외에 기대생산률 (Expected Production Rate), 평균 대기작업량(Mean Queueue Length), 및 기대 투자이용률(Expected Investment Utilization Rate)과 이들 각각의 분산 (Variance)들을 고려하였다. 이러한 성과측정 문제를 수리 모델링하고 이를 이용하여 각 작업장에서의 가공 장비의 그룹(Machine Group)별 최적 작업배 분(Workload) 조건을 보였다. 또한 위의 과정을 최근의 FMS 전용 Simulator인 FACTOR/AIM을 이용한 분석 결과와 비교하여 보였다.

• 한국전산유체공학회:학술대회논문집
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• 2006.05a
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• pp.163-166
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• 2006

We have introduced a new version of the 3-D lid-driven cavity problem that leads to more complicated fluid parcel trajectories and thus, enhanced mixing, but at the same time weakens corner singularities. We employed an advanced form of LES to solve this problem and presented preliminary results that show very complicated streamline structures on both large and small scales, despite a relatively low Reynolds number. Finally, we demonstrated moderate speedups via parallelization. Ongoing tests are expected to resolve the questions raised regarding possible sources of the rather poor parallel performance compared with that seen in earlier studies with the same code. Because it is expected that findings may be significant for parallel performance in general, we plan to emphasize this aspect in the oral presentation the Parrel (CFD 2006 Conference.

• Journal of the Korean Society of Industry Convergence
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• v.12 no.1
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• pp.35-42
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• 2009

In Taguchi's quadratic expected loss function used as robustness metric of performance characteristics, the mean and variance contributions are confounded. The consolidation of the mean and variance in the expected loss function may not always be the ideal approach. This paper presents a procedure for multi-attributes design optimization, where the mean and variance of performance characteristics are considered as separate attributes having designer's relative preferences for them and Technique for Order Preference by Similarity to Ideal Solution(TOPSIS) is introduced to attain robust optimal design. The effectiveness of proposed approach is shown with an example of a weld line minimization problem in the injection molding process.

• Proceedings of the Korean Institute of Building Construction Conference
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• 2016.05a
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• pp.89-90
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• 2016

Despite the rise of importance of Facility Management(FM), relatively little attention was paid to evaluate FM efficiency and drive for greater FM efficiency. The purpose of the present paper is to offer a quantitative analysis of 14 Key Success Factors(KSF) and 22 detailed maintenance practices in order to develop FM evaluation system. In addition, from survey with Owner/Property Manager group and Facility Manager group, the present paper measures both importance of detailed maintenance practices and performance satisfaction. It is expected that by using the result of this survey, this paper helps increase efficiency in FM. Moreover, It is expected that this paper will be used as base line data in developing FM practice evaluation system.

• Proceedings of the Computational Structural Engineering Institute Conference
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• 1999.10a
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• pp.249-256
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• 1999

This study is intended to propose a systematic procedure for the development of the reliability-based seismic safety and cost-effective Performance criteria for design and upgrading of long span PC bridges. In the paper, a set of cost function models for life cycle cost analysis of bridges is proposed. The total life cycle cost functions consist of initial cost and direct/indirect damage costs considering repair/replacement costs, human losses and property damage costs, road user costs, and indirect regional economic losses. The damage costs are successfully expressed in terms of Park-Ang median global damage indices and damage probabilities. The proposed approach is successfully applied to model bridges in both regions of a moderate seismicity area like Seoul, Korea and a high one like Tokyo, Japan. It may be expected that the proposed approach can be effectively utilized for the development of cost-effective performance criteria for design and upgrading of various types of bridges as well as long span PC bridges.

• 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.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.28 no.1
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• pp.129-133
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• 2005

Slotted ALOHA(S-ALOHA) is widely used in local wireless network. We analyze the performance of contention-based model in wireless LAN using S-ALOHA protocol. We analyze the performance of binary exponential backoff (BEB) algorithm under the slotted ALOHA protocol: whenever a node's message which tries to reserve a channel is involved in a collision for the ith time, it chooses one of the next $2^i$ frames with equal probability and attempts the reservation again. We derive the expected access delay and throughput which is defined as the expected number of messages that reserve a channel in a frame. A simulation study is performed to verify our method.

• Journal of Energy Engineering
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• v.13 no.3
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• pp.173-180
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• 2004

A technique of the heat rate allocation was devised to monitor the performance of Combined Cycle Power Plant. This calculates the expected heat rate of current conditions and compares it with actual values. Loss allocation in heat rate is reconciled by calculating the magnitude of the deficiency contributed by major components, such as the gas turbine, heat recovery steam generator (HRSG), steam turbine and condenser. Expected power output is determined by a detailed model and correction curves of the plant.