• Title/Summary/Keyword: Operating variables

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The Procedure of Finding Operating Conditions Minimizing Quality Loss and Case Study (공정 데이터를 이용한 조업 조건 결정 절차와 사례연구)

  • Jeong Il Gyo;Jeon Chi Hyeok
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2003.05a
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    • pp.76-80
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    • 2003
  • The procedure of finding operating conditions minimizing qualify loss is proposed with a real industry example. The procedure consists or major two parts - the selection or process variables critical to the response and He determination or operating conditions. The coefficients or ridge regression and the and stores or partial least squares are applied to select important process variables. Functional approach and Non-functional approach are used to find proper operating conditions of important process variables.

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The Relationship between the Fashion Industry and Macro Variables - Focus on Fashion Listed Company - (패션산업과 거시 변수들간의 관계 -패션 상장기업 중심으로-)

  • Kwon, Ki Yong;Choo, Ho Jung
    • Fashion & Textile Research Journal
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    • v.22 no.1
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    • pp.38-54
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    • 2020
  • This study examines the time causal relationship between the operation profit of the listed fashion companies and the macro variables. Operating profit data of 36 listed fashion companies from 2000 to 2017 has been used. Macro variables include household income, household expenditure, number of Korean overseas travelers, number of foreigner travelers and sentiment index. The study results are as follows. First, the number of outbound travelers from Korea has a negative effect on the operating profit of listed fashion companies; however the number of foreigner visiting Korea has a positive effect at 0 time lag. Second, the consumer sentiment index had a positive effect on the sales and the operating profits of the listed fashion companies with a time difference between the 3rd and the 4th quarter. Third, a disposable income has a positive effect on the operating profit of listed fashion companies. Last, educational expenses have a negative effect on operating profit with a time lag between the first and the second quarter. The findings can be used as useful information to analyze the fashion industry and help fashion companies improve their financial performances.

Development of Reservoir Operating Rule Using Explicit Stochastic Dynamic Programming (양해 추계학적 동적계획기법에 의한 저수지 운영률 개발)

  • Go, Seok-Gu;Lee, Gwang-Man;Lee, Han-Gu
    • Journal of Korea Water Resources Association
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    • v.30 no.3
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    • pp.269-278
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    • 1997
  • Operating rules, the basic principle of reservoir operation, are mostly developed from maximum or minimum, mean inflow series so that those rules cannot be used in practical operating situations to estimate the expected benefits or provide the operating policies for uncertainty conditions. Many operating rules based on the deterministic method that considers all operation variables including inflows as known variables can not reflect to uncertainties of inflow variations. Explicit operating rules can be developed for improving the weakness. In this method, stochastic trend of inflow series, one of the reservoir operation variables, can be directly method, the stochastic technique was applied to develop reservoir operating rule. In this study, stochastic dynamic programming using the concepts was applied to develop optimal operating rule for the Chungju reservoir system. The developed operating rules are regarded as a practical usage because the operating policy is following up the basic concept of Lag-1 Markov except for flood season. This method can provide reservoir operating rule using the previous stage's inflow and the current stage's beginning storage when the current stage's inflow cannot be predicted properly.

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4인자(因子) 이상(以上)의 EVOP법(法)에 관한 연구

  • Gang, Eun-Mi
    • Journal of Korean Society for Quality Management
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    • v.11 no.1
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    • pp.30-43
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    • 1983
  • Evolutionary Operation was proposed by Box(1957) as an operating procedure for nudging a plant toward optimum conditions without causing dramatic disturbances and catastrophic cutbacks in production. In case two or three operating variables are monitored, Box and Hunter (1959) show how the EVOP is facilitated by using simplified calculations and emphasizing graphical presentation. Now, in this artical we develope EVOP when four operating variables are monitored and suggest more extended EVOP in general case.

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Performance Prediction of 3 MWth Chemical Looping Combustion System with Change of Operating Variables (3 MWth 급 매체순환연소 시스템의 운전변수 변화에 따른 성능 예측)

  • RYU, HO-JUNG;NAM, HYUNGSEOK;HWANG, BYUNG WOOK;KIM, HANA;WON, YOOSEOB;KIM, DAEWOOK;KIM, DONG-WON;LEE, GYU-HWA;CHOUN, MYOUNGHOON;BAEK, JEOM-IN
    • Transactions of the Korean hydrogen and new energy society
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    • v.33 no.4
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    • pp.419-429
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    • 2022
  • Effects of operating variables on temperature profile and performance of 3 MWth chemical looping combustion system were estimated by mass and energy balance analysis based on configuration and dimension of the system determined by design tool. Air reactor gas velocity, fuel reactor gas velocity, solid circulation rate, and solid input percentage to fluidized bed heat exchanger were considered as representative operating variables. Overall heat output and oxygen concentration in the exhaust gas from the air reactor increased but temperature difference decreased as air reactor gas velocity increased. Overall heat output, required solid circulation rate, and temperature difference increased as fuel reactor gas velocity increased. However, overall heat output and temperature difference decreased as solid circulation rate increased. Temperature difference decreased as solid circulation rate through the fluidized bed heat exchanger increased. Effect of each variables on temperature profile and performance can be determined and these results will be helpful to determine operating range of each variable.

Productivity Change Analysis of Fisheries Cooperative Operating Office with Global-Malmquist Productivity : 2001~2010 (글로벌 Malmquist 지수를 이용한 수협상호금융 영업점의 생산성 변화 분석 : 2001~2010년)

  • Chang, Young-Jae;Lee, Kwang-Min;Hong, Jae-Bum
    • The Journal of Fisheries Business Administration
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    • v.43 no.2
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    • pp.95-106
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    • 2012
  • This study analyzed the changes in productivity growth of 291 regional fisheries cooperatives area from 2001 to 2010 selected as target. The productivity growth analysis of operating offices calculates Global-Malmquist productivity index. Input variables are number of the persons and the nettable area, output variables are deposit, loans and earnings. To improve the homogeneity of industry, the operating conditions were considered. Global Malmquist index of Operating offices was reduced between 2001~2010. The cause of increase and decrease of productivity are divided by efficiency change(EC) and best-practice change(BPC). Operating offices with increased productivity existed between 2001~2002 and between 2002~2003 and between 2006~2007. There were operating offices with increased productivity by EC. Global Malmquist index of Operating offices with locations was highest relatively in metropolitan. Operating offices with increased productivity existed between 2003~2004 and between 2007~2008 and between 2008~2009 in all locations. There were operating offices with decreased productivity by BPC.

An Exploratory Study on the Causal-effect Relationship between Valuation and Performance in Ventures (벤처기술평가와 경영성과의 인과관계에 관한 탐색연구)

  • Yang, Dong-Woo
    • 한국벤처창업학회:학술대회논문집
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    • 2006.11a
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    • pp.61-85
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    • 2006
  • The Purpose of this study is to prove empirically the relationship between ventures' technology valuation and performance, while considering the uniqueness of Korean firms. We use technology valuation index, marketability valuation index, business valuation index as ex-ante independent variables, use firm's performance(sales, asset, operating income ratio, net income ratio etc) as ex-post dependent variables. Parametric analysis such as Paired T-test, ANOVA are applied in this paper. The results of Empirical analysis is summarized as follows. Firstly, operating income ratio and net income ratio are different in portfolios classified by technology valuation index. Secondly, the growth rate of operating income is different in portfolios classified by technology valuation index. Finally, this study has shown that technology valuation index has possibility which it use the predictive variables of ventures' performances.

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Effects of Operating Variables on the Solid Circulation Rate in a Three-phase Circulating Fluidized Bed

  • Kim, Min Kon;Hong, Sung Kyu;Lim, Dae Ho;Yoo, Dong Jun;Kang, Yong
    • Korean Chemical Engineering Research
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    • v.53 no.4
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    • pp.440-444
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    • 2015
  • Effects of operating variables on the solid circulation rate were investigated in a three-phase circulating fluidized bed, of which inside diameter was 0.102m and height was 3.5m, respectively. Gas velocity, primary and secondary liquid velocities, particle size and height of solid particles piled up in the solid recycle device were chosen as operating variables. The solid circulation rate increased with increasing primary and secondary liquid velocities and height of solid particles piled up in the solid recycle device, but decreased with increasing particle size. The value of solid circulation rate decreased only slightly with increasing gas velocity in the riser. The values of solid circulation rate were well correlated in terms of dimensionless groups within the experimental conditions.

An Empirical Study on the Relationship between Technology Valuation and Performance in Ventures (벤처의 기술평가와 경영성과의 관계에 관한 연구)

  • Yang, Dong-Woo
    • Knowledge Management Research
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    • v.4 no.1
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    • pp.21-33
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    • 2003
  • The Purpose of this study is to prove empirically the relationship between technology valuation and performance in Ventures, while considering the uniqueness of Korean firms. We use technology score, marketability score, business attractiveness score as ex-ante independent variables, use firm's performance(sales, asset, operating income ratio, net income ratio etc) as ex-post dependent variables. Parametric analysis such as Paired T-test, ANOVA are applied in this paper. The results of Empirical analysis is summarized as follows. Firstly, operating income ratio and net income ratio are different in portfolios classified by technology score. Secondly, the growth rate of operating income is different in portfolios classified by technology score. Finally, this study has shown that technology score has possibility which it use the predictive variables of firm performances.

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Selecting Decision Variable for a Plant-wide Optimization (석유화학공장 규모 최적화를 위한 변수 선정)

  • Jeong, Changhyun;Jang, Kyungsoo;Han, Chonghun
    • Korean Chemical Engineering Research
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    • v.46 no.4
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    • pp.714-721
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    • 2008
  • Chemical plants which consume lots of energy are not operating in the best conditions due to their own peculiar nonlinearity, instability, and diverse disturbances. In order to improve this, the plant wide optimization was performed. It is important to select the most appropriate number of decision variables which strongly affect the operating cost because there are too many decision variables which economically have an effect on plant wide. For instance, if all decision variables which can economically affect are applied in optimization and then the result of the optimization is applied to operation, a lot of operating conditions should be going to be changed. As a result of changing a plenty of operating conditions, the cost of the change will absolutely increase. Thus, in this study, the method of selecting the most appropriate decision variables which can influence on saving operation costs was presented in order to optimize plant wide. TPA (Terephthalic-acid) plant is considered as a case study. In other word, after modeling, the most proper decision variables was selected by examining the degree which decision variables influence on operating costs through sensitivity analysis. In TPA process, the three decision variables were selected by the presented method in this study. Then the plant was optimized by selected the decision variables. Consequently, it was seen that the plant are expected to save the 350 million won of energy annually without additional investment for facilities or remodeling of the plant.