• 제목/요약/키워드: Optimization of Investment

검색결과 142건 처리시간 0.025초

Optimal Location of FACTS Devices Using Adaptive Particle Swarm Optimization Hybrid with Simulated Annealing

  • Ajami, Ali;Aghajani, Gh.;Pourmahmood, M.
    • Journal of Electrical Engineering and Technology
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    • 제5권2호
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    • pp.179-190
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    • 2010
  • This paper describes a new stochastic heuristic algorithm in engineering problem optimization especially in power system applications. An improved particle swarm optimization (PSO) called adaptive particle swarm optimization (APSO), mixed with simulated annealing (SA), is introduced and referred to as APSO-SA. This algorithm uses a novel PSO algorithm (APSO) to increase the convergence rate and incorporate the ability of SA to avoid being trapped in a local optimum. The APSO-SA algorithm efficiency is verified using some benchmark functions. This paper presents the application of APSO-SA to find the optimal location, type and size of flexible AC transmission system devices. Two types of FACTS devices, the thyristor controlled series capacitor (TCSC) and the static VAR compensator (SVC), are considered. The main objectives of the presented method are increasing the voltage stability index and over load factor, decreasing the cost of investment and total real power losses in the power system. In this regard, two cases are considered: single-type devices (same type of FACTS devices) and multi-type devices (combination of TCSC, SVC). Using the proposed method, the locations, type and sizes of FACTS devices are obtained to reach the optimal objective function. The APSO-SA is used to solve the above non.linear programming optimization problem for better accuracy and fast convergence and its results are compared with results of conventional PSO. The presented method expands the search space, improves performance and accelerates to the speed convergence, in comparison with the conventional PSO algorithm. The optimization results are compared with the standard PSO method. This comparison confirms the efficiency and validity of the proposed method. The proposed approach is examined and tested on IEEE 14 bus systems by MATLAB software. Numerical results demonstrate that the APSO-SA is fast and has a much lower computational cost.

해운산업 수익성 제고 투자의사결정 모델구축에 관한 연구 - 부정기선 영업을 중심으로 - (A Building of Investment Decision Model for Improving Profitabilty of Tramper Shipping Business)

  • 김원재
    • 한국항만경제학회지
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    • 제27권2호
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    • pp.297-311
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    • 2011
  • 본 논문은 투자수익성을 극대화 할 수 있는 건화물선 운항기업의 해운투자 의사결정 모델을 제시하는 것이 핵심 내용이다. 얼마전 우리나라 4위 해운기업인 대한 해운(주)가 법정 관리를 신청해 큰 충격을 주었는데, 그 이유를 살펴보면 전적으로 투자 의사결정이 잘못된 데 기인한다. 즉 대한해운(주)는 해운 경기가 피크에 이른 2007, 8년도에 집중적으로 산물선을 장기용선 방식의 투자확충 의사결정을 내렸으나, 2009, 10년도에 부정기선 운임지수가 거의 1/10 수준으로 폭락하여 막대한 손실을 보아 결국 자금압박으로 회사가 부도 상태에 이르게 되었다. 이러한 문제는 지난 1980년대 초에도 발생된 바 있으나 여전히 반복되고 있다는 사실이 안타깝다. 따라서 본 논문은 해운 경기가 호황에 있을 때 오히려 일정 선박을 매각하고 필요한 선복량은 단기 용선하여 향후의 경기변동 상황에 대처하도록 하는 의사결정을 말한다. 즉, 해운 경기가 불황국면에 있을 때는 조선경기도 하락 하는 만큼 저가로 선박을 매수 또는 발주하고 서서히 해운 경기가 회복되고 본격적인 상승기에 역시 선가도 급격히 상승하는 시점에 일정 비율의 보유선박을 매각 처분하여 선박 매매차익을 실현하고 다시 경기가 하강한 시점에서 선박을 재매입하는 순환적인 투자 의사결정 모델이 건화물선 해운기업의 수익성 제고에 크게 기여할 수 있다고 본다. 이때 고객서비스 유지를 위해 필요한 선복량은 단기 용선으로 대체하여 가급적 선박 보유 비중을 낮추는 의사결정이 매우 중요한데, 이러한 전략적 투자의사결정 모델은 자본집약적 산업인 해운기업의 재무위험과 영업위험을 모두 낮출 수 있게 된다는 것이 논문의 핵심이다.

Efficiency criteria for optimization of separation cascades for uranium enrichment

  • Sulaberidze, Georgy;Zeng, Shi;Smirnov, Andrey;Bonarev, Anton;Borisevich, Valentin;Jiang, Dongjun
    • Nuclear Engineering and Technology
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    • 제50권1호
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    • pp.126-131
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    • 2018
  • As it is known, uranium enrichment is carried out on industrial scale by means of multistage separation facilities, i.e., separation cascades in which gas centrifuges (GCs) are connected in series and parallel. Design and construction of these facilities require significant investment. So, the problem of calculation and optimization of cascade working parameters is still relevant today. At the same time, in many cases, the minimum unit cost of a product is related to the cascade having the smallest possible number of separation elements/GCs. Also, in theoretical studies, it is often acceptable to apply as an efficiency criterion the minimum total flow to supply cascade stages instead of the abovementioned minimum unit cost or the number of separation elements. In this article, cascades with working parameter of a single GC changing from stage to stage are optimized by two of the abovementioned performance criteria and are compared. The results obtained allow us to make a conclusion about their differences.

해상풍력발전단지의 전력망과 해상변전소 위치에 대한 최적 설계 (Optimal Design of Power Grid and Location of Offshore Substation for Offshore Wind Power Plant)

  • 문원식;원종남;허재선;조아라;김재철
    • 전기학회논문지
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    • 제64권7호
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    • pp.984-991
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    • 2015
  • This paper presents the methodology for optimal design of power grid for offshore wind power plant (OWPP) and optimum location of offshore substation. The proposed optimization process is based on a genetic algorithm, where the objective cost model is composed of investment, power loss, repair, and reliability cost using the net present value during the whole OWPP life cycle. A probability wind power output is modeled to reflect the characteristics of a wind power plant that produces electricity through wind and to calculate the reliability cost called expected energy not supplied. The main objective is to find the minimum cost for grid connection topology by submarine cables which cannot cross each other. Cable crossing was set as a constraint in the optimization algorithm of grid topology of the wind power plant. On the basis of this method, a case study is conducted to validate the model by simulating a 100-MW OWF.

LASER WELDING APPLICATION IN CAR BODY MANUFACTURING

  • Shin, Hyun-Oh;Chang, In-Sung;Jung, Chang-Ho
    • 대한용접접합학회:학술대회논문집
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    • 대한용접접합학회 2002년도 Proceedings of the International Welding/Joining Conference-Korea
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    • pp.181-186
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    • 2002
  • Laser welding application for car body manufacturing has many advantages in the stiffness and the lightness of vehicle, the productivity of assembly line, and the degree of freedom in design. This presentation will express the innovation of car body manufacturing including parameter optimization, process modeling, and system integration. In this application the investment for systems was cut down dramatically by real time switching over the laser path between two welding stations. Points of technical discussion are as follows: optimization of parameters such as laser power, robot speed and trajectory, compact and useful design of jig & fixture to assure welding quality for 3 sheet-layer zinc-coated steel, system integration between 4kW Nd:YAG laser device and the other systems, on-line real time welding quality monitoring system, perfect safety standards for high power laser, minimization of consumption costs such as arc lamp, protective glass for optic, etc. Laser welding has found a place on Hyundai's production plant in conjunction with the startup of mass production of new sports car, and this production system is the result of a collaboration of its engineers. Outer side sheets are joined to inner side sheets by 122 stitch welds totally. And the length is about 2.4meter.

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BESS의 DR(Demand Response) 적용 시 수용가의 투자비 최소화를 위한 적정용량산출방법 (A Study on the Battery Storage Volume Optimization in case of DR Participation for the Minimization of the Customer's Investment Cost)

  • 양승권;김대영
    • 조명전기설비학회논문지
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    • 제27권1호
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    • pp.17-23
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    • 2013
  • The BESS(Battery Energy Storage System) is an useful device for load leveling, but the high cost, installation space and safety issues are the main barriers for supplying it widely. The important factor in supplying BESS to customers successfully is the payback period. As most of the H/W cost factors are uncontrollable, the optimization of storage volume can be useful factor in improving payback period. In order to obtain optimized BESS volume, the load factor, demand ratio, peak shaving ratio, electric rates and benefits from DR participation of customer should be analyzed. In this paper, we could verify the peak cutting capability and cost effectiveness under the some proposed conditions and changing value of PCS and battery based on the customers data after volume optimization process was applied, and we can identified the saturation point of load factor and shortening of customer's payback period.

A MULTI-OBJECTIVE OPTIMIZATION FOR CAPITAL STRUCTURE IN PRIVATELY-FINANCED INFRASTRUCTURE PROJECTS

  • S.M. Yun;S.H. Han;H. Kim
    • 국제학술발표논문집
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    • The 2th International Conference on Construction Engineering and Project Management
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    • pp.509-519
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    • 2007
  • Private financing is playing an increasing role in public infrastructure construction projects worldwide. However, private investors/operators are exposed to the financial risk of low profitability due to the inaccurate estimation of facility demand, operation income, maintenance costs, etc. From the operator's perspective, a sound and thorough financial feasibility study is required to establish the appropriate capital structure of a project. Operators tend to reduce the equity amount to minimize the level of risk exposure, while creditors persist to raise it, in an attempt to secure a sufficient level of financial involvement from the operators. Therefore, it is important for creditors and operators to reach an agreement for a balanced capital structure that synthetically considers both profitability and repayment capacity. This paper presents an optimal capital structure model for successful private infrastructure investment. This model finds the optimized point where the profitability is balanced with the repayment capacity, with the use of the concept of utility function and multi-objective GA (Generic Algorithm)-based optimization. A case study is presented to show the validity of the model and its verification. The research conclusions provide a proper capital structure for privately-financed infrastructure projects through a proposed multi-objective model.

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최소위험 종목과 비양의 상관관계를 갖는 종목들 분산투자 포트폴리오 최적화 (Portfolio Optimization of Diversified Investments with Minimum Risk Asset and Non-Positive Correlation Assets)

  • 이상운
    • 한국인터넷방송통신학회논문지
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    • 제22권1호
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    • pp.103-110
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    • 2022
  • 본 논문은 단일 종목에 투자금을 전액 투자하는 것에 비해 다수의 종목에 분산투자하는 것이 투자 위험을 보다 감소시킬 수 있다는 포트폴리오 최적화 문제를 다룬다. 널리 알려진 Markowitz의 수익률에 대한 평균-분산 기법(MV)은 위험요인인 분산(또는 표준편차)을 감소시키기 위해 지배원리를 적용하여 효율적 투자선에 있는 종목들을 대상으로 분산투자하는 포트폴리오를 구성하였다. 반면에, 본 논문에서는 최소표준편차를 가진 종목을 필수 투자종목으로 선정하고, 필수 투자종목과 비양(음의, 무)의 상관관계를 갖는 종목들을 대상으로 포트폴리오를 형성하였다. 제안된 방법을 실험한 결과 MV에 비해 보다 적은 위험(표준편차)을 보였다.

확률론적 추정 기법을 적용한 주거형 오피스텔의 최적 분양가 산정 모델 개발 기초연구 (A Basic Study on Estimation Model Development by Applying Probabilistic Forecasting Method for Determining Optimal Price of Residential Officetel)

  • 장준호;김태희;하선근;손기영
    • 한국건축시공학회:학술대회논문집
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    • 한국건축시공학회 2017년도 추계 학술논문 발표대회
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    • pp.191-192
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    • 2017
  • In response to the economic depression, the demand for fixed rent income has increased according to the easing construction regulations. it caused indiscriminated investment to stakeholders. This leads to oversupply in the multi-family Housing market and increases unsold housing and vacancy rates except specific area such as Gangnam-gu.In order to solve this issue, although studies on the optimization price of apartment houses has been conducted, the study is insufficient regarding on residential officetel. Therefore, the objective is to suggest a basic study on optimal price estimation model development by using probabilistic forecasting method in planning phase. To achieve the objective, first, variables are defined such as expenses, financial costs, income, etc. Second, causal loop diagram is suggested. Third, basic optimization prices estimation model is developed. In the future, this study can be used as one of decision making tools in planning phase of officetel development projects.

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관리보안이 강화된 수익성 최적화 시스템구축 사례연구 (A Case Study of Profit Optimization System Integration with Enhanced Security)

  • 김형태;윤기창;유승훈
    • 유통과학연구
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    • 제13권11호
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    • pp.123-130
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    • 2015
  • Purpose - Due to highly elevated levels of competition, many companies today have to face the problem of decreasing profits even when their actual sales volume is increasing. This is a common phenomenon that is seen occurring among companies that focus heavily on quantitative growth rather than qualitative growth. These two aspects of growth should be well balanced for a company to create a sustainable business model. For supply chain management (SCM) planners, the optimized, quantified flow of resources used to be of major interest for decades. However, this trend is rapidly changing so that managers can put the appropriate balance between sales volume and sales quality, which can be evaluated from the profit margin. Profit optimization is a methodology for companies to use to achieve solutions focused more on profitability than sales volume. In this study, we attempt to provide executional insight for companies considering implementation of the profit optimization system to enhance their business profitability. Research design, data, and methodology - In this study, we present a comprehensive explanation of the subject of profit optimization, including the fundamental concepts, the most common profit optimization logic algorithm -linear programming -the business functional scope of the profit optimization system, major key success factors for implementing the profit optimization system at a business organization, and weekly level detailed business processes to actively manage effective system performance in achieving the goals of the system. Additionally, for the purpose of providing more realistic and practical information, we carefully investigate a profit optimization system implementation case study project fulfilled for company S. The project duration was about eight months, with four full-time system development consultants deployed for the period. To guarantee the project's success, the organization adopted a proven system implementation methodology, supply chain management (SCM) six-sigma. SCM six-sigma was originally developed by a group of talented consultants within Samsung SDS through focused efforts and investment in synthesizing SCM and six-sigma to improve and innovate their SCM operations across the entire Samsung Organization. Results - Profit optimization can enable a company to create sales and production plans focused on more profitable products and customers, resulting in sustainable growth. In this study, we explain the concept of profit optimization and prerequisites for successful implementation of the system. Furthermore, the efficient way of system security administration, one of the hottest topics today, is also addressed. Conclusion - This case study can benefit numerous companies that are eagerly searching for ways to break-through current profitability levels. We cannot guarantee that the decision to deploy the profit optimization system will bring success, but we can guarantee that with the help of our study, companies trying to implement profit optimization systems can minimize various possible risks across various system implementation phases. The actual system implementation case of the profit optimization project at company S introduced here can provide valuable lessons for both business organizations and research communities.