• Title/Summary/Keyword: Optimal alternative

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Optimal capacity and allocation of distributed generation by minimum operation cost of distribution system (배전계통 운영비용의 최소화에 의한 분산전원의 최적용량과 위치결정)

  • Park, Jung-Hoon;Bae, In-Su;Kim, Jin-O;Shim, Hun
    • Proceedings of the KIEE Conference
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    • 2003.07a
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    • pp.360-362
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    • 2003
  • In operation of distribution system, DGs(Distributed Generations) are installed as an alternative of extension and establishment of substations, transmission and distribution lines according to increasing power demand. Optimal capacity and allocation of DGs improve power quality and reliability. This paper proposes a method for determining the optimal number, size and allocation of DGs needed to minimize operation cost of distribution system. Capacity of DGs for economic operation of distribution system can be estimated by the load growth and line capacity during operation planning duration. DG allocations are determined to minimize total cost with failure rate and annual reliability cost of each load point using GA(Genetic Algorithm).

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Performance Simulation for the Optimal Design of Automotive Air-Conditioning System (자동차용 냉방시스템의 최적설계를 위한 성능시뮬레이션)

  • 김제봉;신기열;김수연;정평석
    • Korean Journal of Air-Conditioning and Refrigeration Engineering
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    • v.12 no.6
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    • pp.570-580
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    • 2000
  • The performance simulation of refrigeration system for the automotive vehicles was peformed, in which the refrigerant was HFC-l34a as an alternative to CFC-12. The coefficient of performance of the system for HFC-l34a was lower than that for CFC-12 operated in the same operating and design conditions. The optimal design conditions were obtained as a function of optimum capacity ratios of condenser and evaporator.

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Optimal Operational Schemes of Mailing Center based on Simulation (Simulation 기반 우편집중국 최적운영 방안)

  • Nam, Yoon-Seok;Lee, Hong-Chul
    • IE interfaces
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    • v.13 no.4
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    • pp.680-687
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    • 2000
  • The objectives of this research are to establish the operation scheduling and the preventive maintenance system in order to optimize the operation of mailing center. For the optimal operation scheduling of mailing process, the existing workflow of mailing process and that of required time are investigated prior to simulation modeling. The simulation experiments are conducted to increase the nextday delivery rate. The best alternative whose nextday delivery rate up to 100% is selected based the AHP(Analytic Hierarchy Process) method. The optimal work scheduling of all mailing centers are also presented. In addition, the CMMS(Computerized Maintenance Management System) for preventive maintenance is introduced for efficient operation of highly automated facilities of mailing center.

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Optimal Capacity and Allocation of Distributed Generation by Minimum Operation Cost in Distribution Systems

  • Shim Hun;Park Jung-Hoon;Bae In-Su;Kim Jin-O
    • 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).

Dynamic Programming Model for Optimal Replacement Policy with Multiple Challengers (다수의 도전장비 존재시 설비의 경제적 수명과 최적 대체결정을 위한 동적 계획모형)

  • Kim, Tae-Hyun;Kim, Sheung-Kown
    • Journal of Korean Institute of Industrial Engineers
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    • v.25 no.4
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    • pp.466-475
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    • 1999
  • A backward Dynamic Programming(DP) model for the optimal facility replacement decision problem during a finite planning horizon is presented. Multiple alternative challengers to a current defender are considered. All facilities are assumed to have finite service lives. The objective of the DP model is to maximize the profit over a finite planning horizon. As for the cost elements, purchasing cost, maintenance costs and repair costs as well as salvage value are considered. The time to failure is assumed to follow a weibull distribution and the maximum likelihood estimation of Weibull parameters is used to evaluate the expected cost of repair. To evaluate the revenue, the rate of operation during a specified period is employed. The cash flow component of each challenger can vary independently according to the time of occurrence and the item can be extended easily. The effects of inflation and the time value of money are considered. The algorithm is illustrated with a numerical example. A MATLAB implementation of the model is used to identify the optimal sequence and timing of the replacement.

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Decision making for Shipping Network based on Adaptive Cumulative Prospect Theory

  • Pham Thi Yen;Nguyen Phung Hung;Truong Ngoc Cuong;Hwan-Seong Kim
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2023.05a
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    • pp.256-257
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    • 2023
  • This paper aims to propose optimal method to assess and cumulate the daily profit for liner shipping to support the shipping lines in making optimal decision with the highest average daily profit. This paper not only explains the actual calculated results align with decision-makers' behavior from concepts indicated in cumulative prospect theory but also contributes to an easy-to-apply method for liner shipping network predictability in and provides optimal decision-making is helpful for shipping managers for the best effective selection of the most appropriate alternative under uncertainties.

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An Economic Analysis of Alternative Mechanisms for Optimal IT Security Provision within a Firm (기업 내 최적 정보기술보안 제공을 위한 대체 메커니즘에 대한 경제적 분석)

  • Yu, Seunghee
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.8 no.2
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    • pp.107-117
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    • 2013
  • The main objective of this study lies at examining economic features of IT security investment and comparing alternative mechanisms to achieve optimal provision of IT security resources within a firm. There exists a paucity of economic analysis that provide useful guidelines for making critical decisions regarding the optimal level of provision of IT security and how to share the costs among different users within a firm. As a preliminary study, this study first argues that IT security resources share some unique characteristics of pure public goods, namely nonrivalry of consumption and nonexcludability of benefit. IT security provision problem also suffers from information asymmetry problem with regard to the valuation of an individual user for IT security goods. Then, through an analytical framework, it is shown that the efficient provision condition at the overall firm level is not necessarily satisfied by individual utility maximizing behavior. That is, an individual provision results in a suboptimal solution, especially an underprovision of the IT security good. This problem is mainly due to the nonexcludability property of pure public goods, and is also known as a free-riding problem. The fundamental problem of collective decision-making is to design mechanisms that both induce the revelation of the true information and choose an 'optimal' level of the IT security good within this framework of information asymmetry. This study examines and compares three alternative demand-revealing mechanisms within the IT security resource provision context, namely the Clarke-Groves mechanism, the expected utility maximizing mechanism and the Groves-Ledyard mechanism. The main features of each mechanism are discussed along with its strengths, weaknesses, and different applicability in practice. Finally, the limitations of the study and future research are discussed.

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An Alternative Model for Determining the Optimal Fertilizer Level (수도(水稻) 적정시비량(適正施肥量) 결정(決定)에 대한 대체모형(代替模型))

  • Chang, Suk-Hwan
    • Korean Journal of Soil Science and Fertilizer
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    • v.13 no.1
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    • pp.21-32
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    • 1980
  • Linear models, with and without site variables, have been investigated in order to develop an alternative methodology for determining optimal fertilizer levels. The resultant models are : (1) Model I is an ordinary quadratic response function formed by combining the simple response function estimated at each site in block diagonal form, and has parameters [${\gamma}^{(1)}_{m{\ell}}$], for m=1, 2, ${\cdots}$, n sites and degrees of polynomial, ${\ell}$=0, 1, 2. (2) Mode II is a multiple regression model with a set of site variables (including an intercept) repeated for each fertilizer level and the linear and quadratic terms of the fertilizer variables arranged in block diagonal form as in Model I. The parameters are equal to [${\beta}_h\;{\gamma}^{(2)}_{m{\ell}}$] for h=0, 1, 2, ${\cdots}$, k site variable, m=1, 2, ${\cdots}$ and ${\ell}$=1, 2. (3) Model III is a classical response surface model, I. e., a common quadratic polynomial model for the fertilizer variables augmented with site variables and interactions between site variables and the linear fertilizer terms. The parameters are equal to [${\beta}_h\;{\gamma}_{\ell}\;{\theta}_h$], for h=0, 1, ${\cdots}$, k, ${\ell}$=1, 2, and h'=1, 2, ${\cdots}$, k. (4) Model IV has the same basic structure as Mode I, but estimation procedure involves two stages. In stage 1, yields for each fertilizer level are regressed on the site variables and the resulting predicted yields for each site are then regressed on the fertilizer variables in stage 2. Each model has been evaluated under the assumption that Model III is the postulated true response function. Under this assumption, Models I, II and IV give biased estimators of the linear fertilizer response parameter which depend on the interaction between site variables and applied fertilizer variables. When the interaction is significant, Model III is the most efficient for calculation of optimal fertilizer level. It has been found that Model IV is always more efficient than Models I and II, with efficiency depending on the magnitude of ${\lambda}m$, the mth diagonal element of X (X' X)' X' where X is the site variable matrix. When the site variable by linear fertilizer interaction parameters are zero or when the estimated interactions are not important, it is demonstrated that Model IV can be a reasonable alternative model for calculation of optimal fertilizer level. The efficiencies of the models are compared us ing data from 256 fertilizer trials on rice conducted in Korea. Although Model III is usually preferred, the empirical results from the data analysis support the feasibility of using Model IV in practice when the estimated interaction term between measured soil organic matter and applied nitrogen is not important.

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Alternative Optimal Threshold Criteria: MFR (대안적인 분류기준: 오분류율곱)

  • Hong, Chong Sun;Kim, Hyomin Alex;Kim, Dong Kyu
    • The Korean Journal of Applied Statistics
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    • v.27 no.5
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    • pp.773-786
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    • 2014
  • We propose the multiplication of false rates (MFR) which is a classification accuracy criteria and an area type of rectangle from ROC curve. Optimal threshold obtained using MFR is compared with other criteria in terms of classification performance. Their optimal thresholds for various distribution functions are also found; consequently, some properties and advantages of MFR are discussed by comparing FNR and FPR corresponding to optimal thresholds. Based on general cost function, cost ratios of optimal thresholds are computed using various classification criteria. The cost ratios for cost curves are observed so that the advantages of MFR are explored. Furthermore, the de nition of MFR is extended to multi-dimensional ROC analysis and the relations of classification criteria are also discussed.

Locally Optimal and Robust Backstepping Design for Systems in Strict Feedback Form with $C^1$ Vector Fields

  • Back, Ju-Hoon;Kang, Se-Jin;Shim, Hyung-Bo;Seo, Jin-Heon
    • International Journal of Control, Automation, and Systems
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    • v.6 no.3
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    • pp.364-377
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    • 2008
  • Due to the difficulty in solving the Hamilton-Jacobi-Isaacs equation, the nonlinear optimal control approach is not very practical in general. To overcome this problem, Ezal et al. (2000) first solved a linear optimal control problem for the linearized model of a nonlinear system given in the strict-feedback form. Then, using the backstepping procedure, a nonlinear feedback controller was designed where the linear part is same as the linear feedback obtained from the linear optimal control design. However, their construction is based on the cancellation of the high order nonlinearity, which limits the application to the smooth ($C^{\infty}$) vector fields. In this paper, we develop an alternative method for backstepping procedure, so that the vector field can be just $C^1$, which allows this approach to be applicable to much larger class of nonlinear systems.