• Journal of Korean Port Research
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• v.1 no.1
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• pp.21-47
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• 1987

Nowaday all the countries of the world have studied the various problems caused in operating their own ports efficiently. Ship delay in the port is attributal to the inefficient operation in the navigation aids, the cargo handling, the storage and transfer facilities, and to the inefficient allocation of gangs or to a bad service for ships. Among these elements the allocation of gangs is the predominating factor in minimizing ship's turn round time. At present, in the case of Pusan Port. the labour union and stevedoring companies allocate gangs in every hatches of ships by a rule of thumb, just placing emphasis on minimizing ship's turn round time, without applying the principle of allocation during the cargo handling. Owing to this the efficiency of the cargo handling could not be expected to be maximized and this unsystematic operation result in supplying human resources of much unnecessary surplus gangs. Therefore in this paper the optimal size and allocation of gangs for minimizing the ship's turn round time is studied and formularized. For the determination of the priority for allocation the evaluation function, namely $F=PHi^{n}{\times}(W+H)$, can be obtained; where, PHI : Principal Hatch Index W : Total Cargo Weight represented in Gang-Shifts H : Total Number of Ship's hatches and also for the optimal size of gangs the average number of gang allocated per shift (Ng), namely Ng=W/PHI, is used. The proposed algorithm is applied to Pusan Port and its validity is verified.

• ETRI Journal
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• v.24 no.4
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• pp.280-289
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• 2002

In this work, we present a novel approach to the bit allocation problem that aims to minimize overall distortion subject to a bit rate constraint. The optimal solution can be found by the Lagrangian method with dynamic programming. However, the optimal bit allocation for block-based interframe coding is practically unattainable because of the interframe dependency of macroblocks caused by motion compensation. To reduce the computational burden while maintaining a result close to the optimum, i.e., near optimum, we propose an alternative method. First, we present a partitioned form of the bit allocation problem: a "frame-level problem" and "one-frame macroblock-level problems." We show that the solution to this new form is also the solution to the conventional bit allocation problem. Further, we propose a bit allocation algorithm using a "two-phase optimization technique" with an interframe dependency model and a rate-distortion model.

• Journal of Advanced Research in Ocean Engineering
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• v.1 no.2
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• pp.94-105
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• 2015

In this study, a thruster allocation method of a deep-sea working vessel was proposed with the aims of producing the demanded generalized forces and moment for dynamic positioning while at the same time minimizing total power. For this, an optimization problem for thrust allocation was mathematically formulated with design variables, objective function, and constraints. The genetic algorithms (GA) was used to solve the formulated problem. The proposed method was applied to an example of finding optimal thrust allocation of the deep-sea working vessel having 5 thrusters. The result showed that the method could be used to determine better strategy for thruster allocation of the vessel as compared to existing study.

• Journal of the Korean Data and Information Science Society
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• v.24 no.6
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• pp.1503-1520
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• 2013

For multi-line insurance companies, allocating the risk capital to each line is a widely-accepted risk management exercise. In this article we consider several applications of the Euler capital allocation. First, we propose visual tools to present the diversification and the line-wise performance for a given loss portfolio so that the risk managers can understand the interactions among the lines. Secondly, on theoretical side, we prove that the Euler allocation is the directional derivative of the marginal or incremental allocation method, an alternative capital allocation rule in the literature. Lastly, we establish the equivalence between the mean-shortfall optimization and the RORAC optimization when the risk adjusted capital is the expected shortfall, and show how to construct the optimal insurance business mix that maximizes the portfolio RORAC. An actual loss sample of an insurance portfolio is used for numerical illustrations.

• Management Science and Financial Engineering
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• v.16 no.1
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• pp.59-79
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• 2010

This paper considers bandwidth allocation and scheduling problems on Ethernet Passive Optical Networks (EPON). EPON is one of the good candidates for the optical access network. This paper formulates the bandwidth allocation problem as a nonlinear mathematical one and characterizes the optimal bandwidth allocation which maximizes weighted sum of throughput and fairness. Based upon the characterization, two heuristic algorithms are suggested with various numerical tests. The test results show that our algorithms can be used for efficient bandwidth allocation on the EPON. This paper also shows that the WSPT (Weighted Shortest Processing Time) rule is optimal for minimization the total delay time in transmitting the traffic of the given allocated bandwidth.

• Journal of the Korean Institute of Navigation
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• v.13 no.1
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• pp.55-61
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• 1989

Nowadays much efforts for evaluating the productivity of port physical distribution system to meet the rapid change of the port and shipping circumstances has been made continuously all over the world. The major part of these efforts is the improvement of the productivity of cargo handling system. The cargo equipment system as infrastructure in the cargo handling system is organized well in some degrees, but the management system of manpower as upper structure is still remained in an insufficient degree. There is little study, so far, on a systematic research for the management of port labor gang, and even those were mainly depended on rule of thumb. The object of this study is to introduce the method of optimal allocation and assignment for the labor gang in single ship, which was suggested as a first stage in dealing with them generally. The problem of optimal allocation and assignment of the labor gang can be (I) formalized with multi-stage allocation and assignment of the labor gang can be. (II) dealt with two stages in form of hierarchic structure and moreover, (III) The optimal size of labor gang was obtained through dynamic programming from the point of minimizing the summation of labor gang in every stage, (IV) For the problem of optimal assignment, the optimal policy was determined at the point of minimizing the summation of movement between hatches.

• KSII Transactions on Internet and Information Systems (TIIS)
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• v.10 no.10
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• pp.4748-4765
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• 2016

We consider a virtualized cognitive radio (CR) network, where multiple virtual network operators (VNOs) who own different virtual cognitive base stations (VCBSs) share the same physical CBS (PCBS) which is owned by an infrastructure provider (InP), sharing the spectrum with the primary user (PU). The uplink scenario is considered where the secondary users (SUs) transmit to the VCBSs. The PU is protected by constraining the interference power from the SUs. Such constraint is applied by the InP through pricing the interference. A Stackelberg game is formulated to jointly maximize the revenue of the InP and the individual utilities of the VNOs, and then the Stackelberg equilibrium is investigated. Specifically, the optimal interference price and channel allocation for the VNOs to maximize the revenue of the InP and the optimal power allocation for the SUs to maximize the individual utilities of the VNOs are derived. In addition, a low‐complexity ±‐optimal solution is also proposed for obtaining the interference price and channel allocation for the VNOs. Simulations are provided to verify the proposed strategies. It is shown that the proposed strategies are effective in resource allocation and the ±‐optimal strategy achieves practically the same performance as the optimal strategy can achieve. It is also shown that the InP will not benefit from a large interference power limit, and selecting VNOs with higher unit rate utility gain to share the resources of the InP is beneficial to both the InP and the VNOs.

• The Journal of Korea Institute of Information, Electronics, and Communication Technology
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• v.15 no.6
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• pp.440-448
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• 2022

Recently, due to the introduction of distributed energy resources, the optimal resource allocation problem of the power network is more and more important, and the distributed resource allocation method is required to process huge amount of data in large-scale power networks. In the optimal resource allocation problem, many studies have been conducted on the case when the supply-demand balance is satisfied due to the limitation of the generation capacity of each generator, but the studies considering the supply-demand imbalance, that total demand exceeds the maximum generation capacity, have rarely been considered. In this paper, we propose the consensus-based distributed algorithm for the optimal resource allocation of power network considering the supply-demand imbalance condition as well as the supply-demand balance condition. The proposed distributed algorithm is designed to allocate the optimal resources when the supply-demand balance condition is satisfied, and to measure the amount of required resources when the supply-demand is imbalanced. Finally, we conduct the simulations to verify the performance of the proposed algorithm.

• Korean Management Science Review
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• v.30 no.1
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• pp.167-181
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• 2013

We investigate the dynamic asset allocation problem under inflation risk when the wealth of an investor is constrained with minimum requirements. To capture the investor's risk preference, the CRRA utility function is considered and he maximizes his expected utility at predetermined date of the refund by participation in the financial market. The financial market is supposed to consist of three kinds of financial instruments which are a risk free asset, a risky asset, and an index bond. The role of an index bond is managing inflation risk represented by price process. The optimal wealth and the optimal asset allocation are derived explicitly by using the method to get the European call option pricing formula. From the numerical results, it is confirmed that the investments on index bond is high when the investor's wealth level is low. However, as his wealth increases, the investments on index bond decreases and he invests on risky asset more. Furthermore, the minimum wealth constraint induces lower investment on risky asset but the effect of the constraints is reduced as the wealth level increases.

• KIEE International Transactions on Power Engineering
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• v.5A no.1
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• pp.9-15
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• 2005

In the operation of distribution systems, DGs (Distributed Generations) are installed as an alternative to extension and the establishment of substations, transmission and distribution lines according to the increasing power demand. In the operation planning of DGs, determining optimal capacity and allocation achieves economical profitability and improves the reliability of power distribution systems. This paper proposes a determining method for the optimal number, size and allocation of DGs in order to minimize the operation costs of distribution systems. Capacity and allocation of DGs for economical operation planning duration are determined to minimize total cost composed with power buying cost, operation cost of DGs, loss cost and outage cost using the GA (Genetic Algorithm).