• Environmental and Resource Economics Review
• /
• v.14 no.4
• /
• pp.923-941
• /
• 2005

Odor problem of livestock operation is important issue in a local community. I quantified the property price impact of 199 livestock operations for 3,355 housing sales in the U.S (Colorado). Spatial hedonic model was adopted to deal with spatial autocorrelation in housing market. Small beef and dairy operations, which are the traditional agricultural sector, seem to create a positive rural lifestyle amenity effect. However, the impact of livestock operation on rural residential sales turns to negative if the operation is over a certain size and species. Large hog and sheep operation seems to bring fatal economic loss from the local community perspective if it close to residential area. Livestock odor is one of the negative externality, the results provide the potential social cost of the livestock sector in the region. Policy makers may incorporate this social cost in the regional planning to minimize the social and maximize the development effect. Therefore, local officials and private individuals should carefully consider the location and characteristics of new residential properties and livestock operations alike.

• The Transactions of The Korean Institute of Electrical Engineers
• /
• v.58 no.3
• /
• pp.455-461
• /
• 2009

This paper proposes Direct Load Control(DLC) operation scheme using a bidding system and the methodology to value proper quantity decided by the DLC program, which is a kind of resources for stabilization of electricity market price during peak times by managing consumer electricity demand. Since DLC program in Korea is based on the contract with the customers participating in this program, it is difficult to anticipate voluntary participation. That is, incentive for participants in DLC program is insufficient. To cope with this point, it is necessary to develop a new market mechanism and market compatible operation scheme for DLC programs. DLC market mechanism is deemed to be equipped with iterative bidding system, independent operation from energy market, and interactive with bidding information on energy market. With this market mechanism, it is important to find the optimal operation point of DLC allowing for the factors of stabilizing the electricity market price and compensating DLC implementation. This paper focuses on the mathematical approaches for the bid-based DLC operation scheme and examines several scenarios for the following technical justifications: 1) stabilization of electricity market price during peak times, 2) elasticity of demand.

• Proceedings of the KSR Conference
• /
• 2004.10a
• /
• pp.1538-1545
• /
• 2004

In the train schedule plan corresponds to a master plan for transport services. This service plan must be constructed to minimize operational cost or maximize revenue considering transportation demands and resource capacities in the operation company, and it includes several sub-planning activities such as train operation frequency plan, train schedule plan, train capacity assignment plan, and rolling stock requirement plan. In this paper, we present profitability evaluation system for the current train schedule plan. The proposed system can be used for evaluating profitability by estimating train service revenue considering customer demands.

• Korean Management Science Review
• /
• v.9 no.1
• /
• pp.41-52
• /
• 1992

The QOS(Quality of Service) recognized by the customer will become the most important thing under the competitive telecommunications market. Korea Telecom is going to develop many system to manage the telecommunication network, to improve the level of QOS, and to increase the revenue. Operation and Maintenance Adiministration System is one of the systems developed to meet those purposes efficiently. This system gathers qualities data from telephone offices or operation centers and analyze the results of QOS improvement activities and evaluate overall QOS. And also system makes it possible to improve the cost/effectiveness of operation and maintenance of telecommunication network. Operation and Maintenance Administration System has four functional modules, i.e., the user interface module, the database management module, the QOS management module, and the database conversion module. The purpose of this study is to develop the QOS management program, one of the four functional modules of the system,using FOCUS 4GL/DBMS. Since Operation and Maintenance Administration System is developed using FOCUS 4GL, every user can handle and maintain the system very easily and reduce system backlogs.

• International Journal of Quality Innovation
• /
• v.9 no.2
• /
• pp.149-160
• /
• 2008

In a service business, it is difficult to cope with all your customers' needs. They come and go with various wants and when it comes to their own good there are complaining. Such variances in the service business interfere the operation resulting in inefficiency. To come against all those fluctuate wants, Frei is suggesting a new way how to cope with this customer variability in the service business: Low-Cost accommodation and uncompromised reduction. However, his assertion that these solutions can reduce cost and enhance service quality at the same time is empirically not proved. Thus, the following research will be dedicated in the empirical proof whether the solutions mentioned above can enhance service quality while reducing cost by pursuing efficiency in the service business.

• Journal of the military operations research society of Korea
• /
• v.18 no.2
• /
• pp.181-191
• /
• 1992

In this paper in order to prevent break of operation of equipments resulted from the delay of parts supply, the continuous review(Q, r) inventory model with probabilistic lead time is developed. If the lead tire is random varivable, the cycle also is stochastic. Then it is not easy to obtain the total cost equation of this inventory model. Therefore it is assumed that one cycle is the interval of reorder points. When the lead time is assumed to have exponential probability distribution, the lot-size and reorder point which minimize total cost are obtained. And as the lead time increases, the order quantity and the total cost are greater, but the reorder point increases by a certain point of time and then decreases.

• Journal of Korean Institute of Industrial Engineers
• /
• v.15 no.1
• /
• pp.51-63
• /
• 1989

This paper considers software release problems based on Goel-Okumoto and S-shaped reliability growth models. Test of the software system is terminated after a preassigned time T, and it is released to the operational phase. It is assumed that correction cost of an error is increasing with test or operation time. Optimum software release time is obtained using total expected cost on the software life time as a criterion for optimization. In addition, optimal software release policies under the constraint of a software reliability requirement are discussed.

• Journal of Korea Water Resources Association
• /
• v.50 no.12
• /
• pp.803-813
• /
• 2017

Recently, various studies have been conducted to optimize the pump operation scheduling and/or the pump/tank size minimizing the system cost of water distribution network. Prior to that, it is important to understand the sensitivity of pump/tank size on the system cost and overall water quality. Here, we have performed the sensitivity analysis to investigate the effect of pump/tank size on the economic cost (construction and operation) and water quality (water age). The analysis was applied on a real, large-scale water transmission network currently operating in South Korea. The results revealed that the pump/tank size has a strong influence on system construction/operation costs. Especially, the tank size has a significant effect on the system-wide water quality. In the case of applied networks, the operating cost decreases as the capacity of the facility increases, but the design cost increases. Using a sensitivity analysis, a suitable range of pump/tank size could be suggested to minimize costs and stabilize the water quality at the same time prior to a system design.

• Journal of the Korean Society for Railway
• /
• v.13 no.3
• /
• pp.333-338
• /
• 2010

Investment in railroad, it is very important to find a way to increase a benefit to make the economic efficiency more positive, but is also considering that the cost will be higher. In this paper, we suggest a optimized model for increasing the benefit of railroad business considering of stopping patterns. According to existing analytical method, the operation hour is calculated based on that scenario regarding that it stops at all major stations but it does not fit the actual operation conditions. Considering various stopping patterns can be reasonably calculated the cost for required rail cars in the planning stages, and can also affect economic efficiency in a positive way.

• Journal of the Korea Safety Management & Science
• /
• v.7 no.1
• /
• pp.101-115
• /
• 2005

This study deals with the procedure of safety improvement, productivity increase ,and tact-time reduction through setting up the system about preventive maintenance. Actually, it is hard to establish and carry out preventive maintenance, even though we recognize the importance of the system concerning time, cost, labor, and so forth. In this study in the viewpoint of cost we are for achieving maximum efficiency by change and reduction of planning process adapted to the special work group. At first we briefly will mention the kind ,the necessity ,and the concept of preventive maintenance ,and then divide the equipment used in the assembly line into the two whether it is necessary or not by way of estimating the breakdown loss ,comparing with general establishment of preventive maintenance and modifying it to the case. At the second step we will establish the operation system of plan management related to production and quality in the special case. Check period and category will be set by dividing the assembly equipment into LCL and Focus in the third step. The forth step will contain the operation procedure in detail. And then we must make check and repair record periodically. Finally, on the basis of the record the selection of checking of significance will be conducted. This results in safety improvement, tact time reduction, and productivity improvement.