• Title/Summary/Keyword: Optimal Price

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A Study on Optimal Combustion Conditions with a Design and Manufacture of the Long-Stroke Slow Speed 4 Cycle Diesel Engine (장-행정 저속 4 사이클 디젤기관의 제작 및 최적 연소조건에 관한 연구)

  • 장태익
    • Journal of Advanced Marine Engineering and Technology
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    • v.28 no.3
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    • pp.551-558
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    • 2004
  • Recently, fuel prices have been continually raised in diesel engine. Such a change in the fuel price influences enormously the development trend of marine diesel engines for slow speed, In other words, the focus was shifted from large diameter and high speed to low fuel consumption. Accordingly, more efforts are being made for engine manufacturing and development to develop highly efficient engines. In this study. a single cylinder 4 stroke cycle DI slow speed diesel engine was designed and manufactured, a 4 stroke cycle was configured and basic performances were evaluated. The results are as follows. The optimal fuel injection timing had the lowest value when specific fuel consumption was in BTDC 8~$10^{\circ}$, a little more delayed compared to high speed diesel engines. Cycle variation of engines showed about 5% difference at full loads. This is a significantly small value compared to the cycle variation in which stable operation is possible, showing the high stability of engine operation is good. The torque and brake thermal efficiency of engine increased with an increase of engine 250-450 rpm. but fuel consumption ratio increased from the 450 rpm zone and thermal efficiency abruptly decreased. Mechanical efficiency was maximally 70% at a 400 rpm that was lower than normal engines according to the increase of mechanical frictional loss for cross head part. The purpose of this study was to get more practical engines by comparing the above results with those of slow speed 2 stroke cycle diesel engines.

An Estimation of Congestion Pricing Using Speed-Flow Relationship (Gangbyeon Expressway) (속도-밀도 모형을 적용한 흔잡통행료 산정 (강변북로를 중심으로))

  • Gang, Gyeong-U;Guk, U-Gak
    • Journal of Korean Society of Transportation
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    • v.24 no.2 s.88
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    • pp.31-41
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    • 2006
  • The main purpose of this paper is to develop the practical method to estimate the congestion price in odor to overcome the difficulty of traditional microeconomics approach for demand and cost function concepts. In this paper, we estimate the theoretical congestion toll which reflecting the real traffic conditions such as a speed-density functions using a traffic engineering methods We calculates the optimal congestion toll based on the real traffic conditions assuming that the electronic road pricing (ERP) systems ave installed for the study road. After evaluating the various speed-density relationship methods. we found that the Drake model is best suited for the Gangbyeon Expressway Using the Drake model, the optimal congestion toll will be 94 to 3,255 Won for the traffic speed between 44km/h to 68 km/h based on wage rate method and 107 to 6,381 Won for the marginal substitution method for the Gangbyeon Expressway in city of Seoul, Korea.

Development of curing facility to improve environment for burley curing (I. Changes in microclimate during air-curing) (버어리종 잎담배 건조 환경 개선을 위한 건조실 개발 (I. 건조기간중의 미기상 변화))

  • Cha, Kwang-Ho;Jang, Soo-Won;Yang, Jin-Chul;Oh, Kyoung-Hwan;Shin, Seung-Ku;Jo, Chun-Joon
    • Journal of the Korean Society of Tobacco Science
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    • v.29 no.2
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    • pp.66-73
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    • 2007
  • This study was carried out to investigate the changes of curing condition on microclimate of temperature, relative humidity during curing process of burley tobacco leaves. The developed facility, ridge opening type was designed to open the central top roof. The air-cured variety, (N. tabacum cv KB111) was normally grown at the Eumseong tobacco experimental station in 2007. Mean daily temperature of $3^{\circ}C$ in ridge opening type curing facility was lower than that of conventional, whereas mean daily relative humidity of 12.6 % RH was lower in conventional curing facility for the entire stage of curing. The frequency distribution of optimal air temperature at daytime was higher 37.5 % in ridge opening type curing facility than that of conventional, while that of optimal relative humidity was lower 8.2 %. In the ridge opening type curing facility, the excessive drying leaves were low, however the price per kilogram was high. These results suggest that the new developed curing facility may be applied to improved microclimate inside the curing facility for curing burley.

Multi-lateral Concurrent Automated Negotiation for Optimal Freight Settlement (최적 수송가격 결정을 위한 다자간 동시 자동협상 방법론 개발)

  • Park, Yong-Sung;Cho, Min-Je;Choi, Hyung-Rim;Kim, Hyun-Soo;Hong, Soon-Goo
    • Journal of Information Technology Services
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    • v.7 no.2
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    • pp.1-12
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    • 2008
  • The development of IT and explosively growing number of Internet users are rapidly spreading and developing e-commerce, while creating diverse on-line transaction methods such as a negotiation, a reverse auction, and a bid. Among these transaction methods, the transactions by means of a negotiation are being made for goods that have no posted price. In particular, the transactions by means of a negotiation are expected to be widely used in the B2B. In order to determine their transportation costs, shippers usually make negotiations with many transporters and logistics companies. And before long, these negotiations are expected to be made on an on-line automated negotiation system. Because of this, this study has tried to develop an automated negotiation methodology that is absolutely necessary for an on-line automated negotiation. This study has estimated and selected the evaluation functions for multi-lateral negotiators' proposals, thus developing an automated negotiation methodology. As a result of this study, a new direction for an automated negotiation has been suggested. Also we expect that this study will be widely used in the automated negotiation of diverse fields.

QoS and SLA Aware Web Service Composition in Cloud Environment

  • Wang, Dandan;Ding, Hao;Yang, Yang;Mi, Zhenqiang;Liu, Li;Xiong, Zenggang
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.10 no.12
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    • pp.5231-5248
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    • 2016
  • As a service-oriented paradigm, web service composition has obtained great attention from both academia and industry, especially in the area of cloud service. Nowadays more and more web services providing the same function but different in QoS are available in cloud, so an important mission of service composition strategy is to select the optimal composition solution according to QoS. Furthermore, the selected composition solution should satisfy the service level agreement (SLA) which defines users' request for the performance of composite service, such as price and response time. A composite service is feasible only if its QoS satisfies user's request. In order to obtain composite service with the optimal QoS and avoid SLA violations simultaneously, in this paper we first propose a QoS evaluation method which takes the SLA satisfaction into account. Then we design a service selection algorithm based on our QoS evaluation method. At last, we put forward a parallel running strategy for the proposed selection algorithm. The simulation results show that our approach outperforms existing approaches in terms of solutions' optimality and feasibility. Through our running strategy, the computation time can be reduced to a large extent.

Finding optimal portfolio based on genetic algorithm with generalized Pareto distribution (GPD 기반의 유전자 알고리즘을 이용한 포트폴리오 최적화)

  • Kim, Hyundon;Kim, Hyun Tae
    • Journal of the Korean Data and Information Science Society
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    • v.26 no.6
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    • pp.1479-1494
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    • 2015
  • Since the Markowitz's mean-variance framework for portfolio analysis, the topic of portfolio optimization has been an important topic in finance. Traditional approaches focus on maximizing the expected return of the portfolio while minimizing its variance, assuming that risky asset returns are normally distributed. The normality assumption however has widely been criticized as actual stock price distributions exhibit much heavier tails as well as asymmetry. To this extent, in this paper we employ the genetic algorithm to find the optimal portfolio under the Value-at-Risk (VaR) constraint, where the tail of risky assets are modeled with the generalized Pareto distribution (GPD), the standard distribution for exceedances in extreme value theory. An empirical study using Korean stock prices shows that the performance of the proposed method is efficient and better than alternative methods.

Development of a Microbial Biosurfactant Production Process (미생물에 의한 생물 계면활성제 대량생산을 위한 기술개발)

  • Kim, Ju-Hyun;Kim, Gi-Eun
    • KSBB Journal
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    • v.24 no.2
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    • pp.140-148
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    • 2009
  • The microbial biosurfactants can be substituted to the chemical detergents in some industrial processes. In this study we developed a biotechnological processes for the biosurfactants with microorganisms. The biosurfactants have a lot of advantages in comparision with the chemical surfactants. They are proenvironmental even during and after industrial use. But there are not so many kinds of biosurfactants. The production cost and the end price is much higher than the chemical surfactants. But nowdays there are many kinds of microorganisms, which can produce the surfactants in large quantity and fast. We tried to develop a production process for the large scale with some microorganisms. At first Candida bombicola KCTC 7145, Sphingomonas chungbukensis KCTC 2955 and Sphingomonas yanoikuyae KCTC 2818 are cultivated and studied. For the large scale production process we used molasses as a complex medium and tried to optimize the process. Molasses contains 17 to 25% of water, 45 to 50% of sugar and 25% of carbohydrate, it can be fully used as a substrate. The microorganisms have been cultivated in the diluted media with molasses 2, 5, 8 and 10%, respectively, The optimal conditions for the cultivation and the production process have been studied. For the study the optical density, glucose concentration and the surface tension were measured. Candida bombicola KCTC 7145 and the 5% molasses media was selected as an optimal condition for the production process of a biosurfactant. During cultivation of Candida bombicola KCTC 7145 in the 5% molasses medium kerosene and corn oil were added for promoting the biosurfactants.

An integrated approach for optimum design of HPC mix proportion using genetic algorithm and artificial neural networks

  • Parichatprecha, Rattapoohm;Nimityongskul, Pichai
    • Computers and Concrete
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    • v.6 no.3
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    • pp.253-268
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    • 2009
  • This study aims to develop a cost-based high-performance concrete (HPC) mix optimization system based on an integrated approach using artificial neural networks (ANNs) and genetic algorithms (GA). ANNs are used to predict the three main properties of HPC, namely workability, strength and durability, which are used to evaluate fitness and constraint violations in the GA process. Multilayer back-propagation neural networks are trained using the results obtained from experiments and previous research. The correlation between concrete components and its properties is established. GA is employed to arrive at an optimal mix proportion of HPC by minimizing its total cost. A system prototype, called High Performance Concrete Mix-Design System using Genetic Algorithm and Neural Networks (HPCGANN), was developed in MATLAB. The architecture of the proposed system consists of three main parts: 1) User interface; 2) ANNs prediction models software; and 3) GA engine software. The validation of the proposed system is carried out by comparing the results obtained from the system with the trial batches. The results indicate that the proposed system can be used to enable the design of HPC mix which corresponds to its required performance. Furthermore, the proposed system takes into account the influence of the fluctuating unit price of materials in order to achieve the lowest cost of concrete, which cannot be easily obtained by traditional methods or trial-and-error techniques.

A study on the Oxide Semiconductors electrodes for DSSC (염료감응형 태양전지를 위한 산화물반도체 전극에 관한 연구)

  • Hwang, Hyun Suk;Kim, Hyung Jin
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.16 no.7
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    • pp.4925-4929
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    • 2015
  • Dye-sensitized solar cell(DSSC) has aroused intense interest owing to its competitive price and stabilized properties than Si based solar cells. Recently, many studies have been reported on the DSSC, especially development of a transparent conductive oxide-less dye-sensitized solar cell(TCO-less DSSC). In this paper, a thick and porous Ti electrode for low cost DSSC developed its properties. To estimate the Ti electrode, the films are tested FESEM and J-V evaluation method. An increase in Ti thickness from 50 nm to 200 nm mainly affects the fill factor without noticeably changing the photocurrent density. It was confirmed that optimal DSSC efficiency was obtained at Ti 150 nm.

Global Optimization of the Turning Operation Using Response Surface Method (선반가공공정에서 RSM을 이용한 가공공정의 포괄적 최적화)

  • Lee, Hyun-Wook;Kwon, Won-Tae
    • Journal of the Korean Society of Manufacturing Technology Engineers
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    • v.19 no.1
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    • pp.114-120
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    • 2010
  • Optimization of the turning process has been concentrated on the selection of the optimal cutting parameters, such as cutting speed, feed rate and depth of cut. However, optimization of the cutting parameters does not necessarily guarantee the maximum profit. For the maximization of the profit, parameters other than cutting parameters have to be taken care of. In this study, 8 price-related parameters were considered to maximize the profit of the product. Regression equations obtained from RSM technique to relate the cutting parameters and maximum cutting volume with a given insert were used. The experiments with four combinations of cutting inserts and material were executed to compare the results that made the profit and cutting volume maximized. The results showed that the cutting parameters for volume and profit maximization were totally different. Contrary to our intuition, global optimization was achieved when the number of inserts change was larger than those for volume maximization. It is attributed to the faster cutting velocity, which decreases processing time and increasing the number of tool used and the total tool changing time.