• Title/Summary/Keyword: Operating costs

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A Study on Equipment Replacement under Technological development environment (진보하는 기술 환경에서의 장비 구체에 관한 연구)

  • 고현우;황의철
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.17 no.30
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    • pp.51-57
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    • 1994
  • This paper considers the problem of equipment replacement A equipment replacement problem is treated in a thchnological development environment. Our model assumes that the costs associated with the presently available thchnology and future technology is known, but the appearance times of future technology is uncertain. A cost model is presented, and method is suggested for finding the optimal operating time for replacement A numerical example is shown.

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An Analytic Algotithm to Estimate Expected Generation and Marginal Costs (발전 및 한계비용의 해석적 추정법에 관한 연구)

  • 박영문;서보혁
    • The Transactions of the Korean Institute of Electrical Engineers
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    • v.31 no.7
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    • pp.1-10
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    • 1982
  • This paper derives the algorithm to estimate the operating cost, its marginal cost, and the reliability indices for the long term planning of power system. Treating the load duration curve and the system in the stochastic sense takes the place of the inverted load duration curve, effective load duration curve, and the numerical integration in the conventional methods. The time and accuracy of computation are substantially improved due to the fact that all expressions are represented by simple analytic form instead of the existing recursive form.

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Overviews on Energy Savings through Lubrication Improvements (윤활유 개선을 통한 에너지 절감 동향)

  • 이안성
    • Proceedings of the Korean Society of Tribologists and Lubrication Engineers Conference
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    • 2000.11a
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    • pp.107-114
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    • 2000
  • As one of the strategies to sustain the maximum output with the total minimum cost, huge plants worldwide, such as steel mills, refineries, petrochemical plants, and etc., may and will plan and implement the minimization of operating and maintenance costs for their own. This paper is to review the foreign cases of energy savings through lubrication improvements as one of the actions for that purpose and summarize their directions, and also to look at one such local test case.

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Are Flywheels Right for Rail?

  • Read, M.G.;Smith, R.A.;Pullen, K.R.
    • International Journal of Railway
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    • v.2 no.4
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    • pp.139-146
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    • 2009
  • Vehicle braking in non-electrified rail systems wastes energy. Advanced flywheel technology presents a way to capture and reuse this braking energy to improve vehicle efficiency and so reduce the operating costs and environmental impact of diesel trains. This paper highlights the suitability of flywheels for rail vehicle applications, and proposes a novel mechanical transmission system to apply regenerative braking using a flywheel energy storage device. A computational model is used to illustrate the operation and potential benefits of the energy storage system.

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A Study on the Enhanced Filtering for the Removal of BEMF in BLDC Motors

  • Moon, Yu-Sung;Choi, Jae-Hyun;Kim, Jung-Won
    • Journal of IKEEE
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    • v.23 no.1
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    • pp.310-313
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    • 2019
  • This paper used the majority function to digitally filter back-electromotive force as an explanation of the Brushless DC MOTOR control algorithm. The cause and improvement of motor noise, which are operating in close proximity to high frequency sources, did not use conventional low pass filter and comparator elements. Also, they repeatedly output a noise-free BEMF signal for the input value of the majority detection filtering. These filtering steps can help reduce costs and minimize the area of a PCB by requiring relatively little hardware.

QoS-, Energy- and Cost-efficient Resource Allocation for Cloud-based Interactive TV Applications

  • Kulupana, Gosala;Talagala, Dumidu S.;Arachchi, Hemantha Kodikara;Fernando, Anil
    • IEIE Transactions on Smart Processing and Computing
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    • v.6 no.3
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    • pp.158-167
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    • 2017
  • Internet-based social and interactive video applications have become major constituents of the envisaged applications for next-generation multimedia networks. However, inherently dynamic network conditions, together with varying user expectations, pose many challenges for resource allocation mechanisms for such applications. Yet, in addition to addressing these challenges, service providers must also consider how to mitigate their operational costs (e.g., energy costs, equipment costs) while satisfying the end-user quality of service (QoS) expectations. This paper proposes a heuristic solution to the problem, where the energy incurred by the applications, and the monetary costs associated with the service infrastructure, are minimized while simultaneously maximizing the average end-user QoS. We evaluate the performance of the proposed solution in terms of serving probability, i.e., the likelihood of being able to allocate resources to groups of users, the computation time of the resource allocation process, and the adaptability and sensitivity to dynamic network conditions. The proposed method demonstrates improvements in serving probability of up to 27%, in comparison with greedy resource allocation schemes, and a several-orders-of-magnitude reduction in computation time, compared to the linear programming approach, which significantly reduces the service-interrupted user percentage when operating under variable network conditions.

Limited Cost-Based Competition and the Cost Distortion Factor - How Real Variable Costs are Reported in Cost-Base Pool of Korean Power Market - (원가기반 제한경쟁과 비용왜곡 요인 -변동비 반영 전력시장에서의 실제변동비 반영사례를 중심으로-)

  • Kim, Myung-Seok;Cho, Sung Bong
    • Environmental and Resource Economics Review
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    • v.23 no.3
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    • pp.497-513
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    • 2014
  • Rate-of-return regulation where a regulator compensates the utilities based upon the cost incurred the regulated companies have the incentive to over-report cost level. However, in case of cost-based competition where a regulator knows the cost of each plant involved and induce the competition among them, one can encounter prisoner's dilemma situation in the short run where the regulated firms under-report cost level. For instance, in case of cost-based pool, a generator may have a strategic behavior to keep its registered variable cost higher than the actual level to maintain its operation rate and generation amounts higher. Eventually, however, such behavior decrease the profitability of a generator and discourage new entry jeopardizing required level of capacity reserves. This is a typical Prisoner's Dilemma situation. The power market operating rule should be revised so that generators' registered variable cost reflect actual level of variable cost.

An Analysis of Home Health Care Travel Cost (가정간호 수가 중 교통비 분석)

  • Baek, Hee-Chong;Song, Chong-Rye;Kim, Hae-Young
    • Journal of Korean Academic Society of Home Health Care Nursing
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    • v.10 no.1
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    • pp.52-57
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    • 2003
  • The purpose of this study was to evaluate appropriateness of home health care travel cost. For the evaluation, investigated the operating costs of vehicles used by home care nurses and then were components of home care nurses's annual salaries. Travel costs were then calculated based on actual travel expenses of home health care service. Actual data of 23 hospital-based home care agencies between July, 2002 to December, 2002 were collected for the analysis of the travel costs. The results of this study are : 1) For home visit, 65% of home care agencies turned out to be using only hospital owned cars, and 17.1% be depending purely on home care nurses' cars. On average, 1.9 cars used for home visit. 2) Out of 89 agencies, 23 agencies responded to the travel cost survey. Total maintenance cost of a car per month was 381,457 won. 3) Average per visit personal expenses of home care nurses during travel time turned out to be 7,124won assuming 8 working hours per day, 4 visits per day, and 30 minuets of travel time for each visit. 4) Total home health care travel cost per visit was 12,069 won, which was the sum of actually paid travel cost of 4,945 won and personal expenses during travel time of 7,124. In conclusion. we reckon that current compensation price of home care nurses' travel is inappropriate because total home health care travel costs of 12,069 won per visit turned out to be 2.1 times of currently prevailing standard compensation price of 5,830 per visit.

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A Study of LCCA and LCA to Evaluate Feasibility for Introducing Smart Quiescent Power Control System into Office Building (LCCA 및 LCA 분석을 이용한 오피스 빌딩에 지능형 대기전력 제어시스템 도입의 타당성 분석에 관한 연구)

  • Quan, Junlong;Lee, Seok-Jung;Choi, Hye-Mi;Kim, Kyung-Hwan;Kim, Ju-Hyung
    • Journal of the Korea Institute of Building Construction
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    • v.16 no.2
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    • pp.141-149
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    • 2016
  • Recently, in an attempt to overcome the defects of quiescent power shutdown system, smart quiescent power control system has been developed. However, due to its higher investment costs, feasibility evaluation must be conducted. While LCCA (Life Cycle Cost Analysis) model is useful to estimate net savings of alternatives that differ with respect to initial costs and operating costs, the environmental burdens are not considered. On the contrary, LCA (Life Cycle Assessment) model is suitable to assess environmental impacts associated with the stages of a product's life but it does not consider costs. In this study, a comprehensive analysis on the economic and environmental impacts of smart quiescent power control system is conducted by using LCCA and LCA model. In addition, sensitivity analysis is carried out to quantify accuracy of estimates.

Implementation of a Blockchain-based Talent Trading Platform to Reduce Transaction Costs (거래 비용 절감을 위한 블록체인 기반 재능거래 플랫폼)

  • Yang, Seonghun;Jin, Hoe-Yong;Kim, Sang-Kyun
    • Journal of Broadcast Engineering
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    • v.25 no.6
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    • pp.922-934
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    • 2020
  • The talent trading platform is a platform that brokers transactions such as program coding, media content production (video, music, presentation materials, etc.), design, learning, and repair. Existing talent trading platforms provide a server-client model-based service, which incurs server operating costs and arbitration labor costs for transactions, which has a disadvantage that users bear high service fees. This paper proposes a method to reduce server and database operation costs by uploading transaction information to blocks through the system as a distributed app (dApp) based on the Ethereum platform. In addition, it proposes a method to lower transaction fees by reducing the labor cost of transaction arbitrators through smart contracts. Compare and analyze the cost processing procedure and transaction fee size of the blockchain-based talent trading platform and the existing talent trading platform.