• Title/Summary/Keyword: Price calculation

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A Study on Calculation and Decomposition of Bus Incremental Cost on Power System Operation (계통운전상태에서의 모선증분비용 산정 및 분해에 관한 연구)

  • Kim, Y.H.;Lee, Buhm;Choi, S.K.;Moon, H.K;Lee, J.G.;Yeon, J.H.
    • Proceedings of the KIEE Conference
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    • 2002.11b
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    • pp.105-107
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    • 2002
  • This paper provides calculation and decomposition of Bus Incremental Cost on Power System Operation. In this method we show deriving Shadow Price from state variables in Optimal condition. And the decomposition can give a detailed description of each Bus Incremental Cost. The proposed method is applied to IEEE-30 and results shows the effectiveness of the method.

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Suggestion of Power and Heat Costing for an Energy System (에너지 시스템에 대한 전력 및 열 비용산정)

  • 김덕진
    • Korean Journal of Air-Conditioning and Refrigeration Engineering
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    • v.15 no.5
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    • pp.360-371
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    • 2003
  • The calculation of each unit cost of productions is very important for evaluating the economical efficiency and deciding the reasonable sale price. In the present, two methods of exergy costing on multiple energy systems are suggested to reduce the complexities of conventional SPECO method and MOPSA method and to improve the calculation efficiency of exergoeconomics. The suggested methods were applied to a gas-turbine cogeneration and the unit costs of the power and the steam energy were calculated as an example. The main points of our methods are the following three. First, one exergetic cost is applied to one cycle or system. Second, the suggested equations are the internal cost balance equation and the production cost balance equation. Third, necessary states in a system are only inlet and exit states of 1ha components producing energy.

Performing linear regression with responses calculated using Monte Carlo transport codes

  • Price, Dean;Kochunas, Brendan
    • Nuclear Engineering and Technology
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    • v.54 no.5
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    • pp.1902-1908
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    • 2022
  • In many of the complex systems modeled in the field of nuclear engineering, it is often useful to use linear regression-based analyses to analyze relationships between model parameters and responses of interests. In cases where the response of interest is calculated by a simulation which uses Monte Carlo methods, there will be some uncertainty in the responses. Further, the reduction of this uncertainty increases the time necessary to run each calculation. This paper presents some discussion on how the Monte Carlo error in the response of interest influences the error in computed linear regression coefficients. A mathematical justification is given that shows that when performing linear regression in these scenarios, the error in regression coefficients can be largely independent of the Monte Carlo error in each individual calculation. This condition is only true if the total number of calculations are scaled to have a constant total time, or amount of work, for all calculations. An application with a simple pin cell model is used to demonstrate these observations in a practical problem.

Performance Comparison of Optimal Power Flow Algorithms for LMP Calculations of the Full Scale Korean Power System

  • Lee, Sungwoo;Kim, Wook;Kim, Balho H.
    • Journal of Electrical Engineering and Technology
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    • v.10 no.1
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    • pp.109-117
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    • 2015
  • This paper proposes the comparison results of various optimal power flow algorithms (OPF) to calculate the locational marginal prices (LMP) of the unreduced full scale Korean transmission system. Five different types of optimal power flow models are employed: Full AC OPF, Cubic AC OPF, Quadratic AC OPF, Linear AC OPF and DC OPF. As the results, full AC OPF and cubic AC OPF model provides LMP calculation results very similar to each other while the calculation time of cubic AC OPF model is faster than that of the Full AC OPF. Other simplified OPF models, quadratic AC OPF, linear AC OPF and DC OPF offer erroneous results even though the calculation times are much faster than the Full AC OPF and the Cubic AC OPF. Given the condition that the OPF models sometimes fail to find the optimal solution due to the severe complexity of the Korean transmission power system, the Full AC OPF should be used as the primary OPF model while the Cubic AC OPF can be a promising backup OPF model for the LMP calculations and/or real-time operation.

A Study on Application Methods of the Transfer of Development Rights - Focused on Residential Areas of Gwangju - (개발권양도제 적용방안에 관한 연구 - 광주광역시 주거지를 중심으로 -)

  • Jeong, Woo-Gon
    • Journal of the Korean housing association
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    • v.23 no.5
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    • pp.61-73
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    • 2012
  • This study applied the value of floor-area-ratio standard calculation method to case areas and analyzed them to overcome the limits of previous studies in calculation methods for area standards and land price (value) standard development rights. The results are presented as follows: First, criteria to select sending areas and receiving areas are needed. Second, calculation methods based on the value of floor-area-ratio standard can be widely used as standardized criteria in various areas. Third, for the connection of sending areas with receiving areas, the connections of 1:1, n:1, 1:n, and n:n are available and the location of possible dealing areas should be considered. Also, the choice of connecting unions that meet the purpose of TDR presented by local governments is available. Fourth, for Gwangju, as receiving areas downtown provide higher profits than previous renewal projects, the application of TDR is available. Application methods to overcome problems are presented as follows: First, criteria to select sending and receiving areas should be prepared and implemented in an order of priority. Second, in calculating development rights, methods based on the value of floor-area-ratio standard should be used. Third, the standards and principles of sending and receiving areas should be designated and possible dealing areas should not be limited.

Integrated Simulation System of GIS and ANN for Land Price Appraisal (GIS 기반 지가산정 및 시뮬레이션 시스템)

  • Moon, Tae-Heon
    • Journal of the Korean Association of Geographic Information Studies
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    • v.3 no.2
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    • pp.1-10
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    • 2000
  • The purpose of this study is to develope a parcel-based automatic simulation system of land price through the integration of urban mathematical model and GIS. The appraisal process of public land price by the local government is simple but is a great time-consuming task. Moreover, it doesn't provide any statistical analysis and spatial presentation tools. So, it is difficult for planners or administrative officials to analyze the variation of land price with spatial idea. From these, a system is developed combining two sub-systems, they are ANN(Artificial Neural Network) for the calculation of land price and GIS for visual presentation. Using Matlab application, ANN model was designed having 3-layer structure and was trained with the sample data taken from Chinju city. With the trained network, the impact of 'road', 'parks', 'height control district' and 'beauty district' on land price in 9 regions(dong) are simulated. The results of the simulation were visualized with ArcView GIS. The automatic simulation system operated through the DDE(Dynamic Data Exchange) conversation between two applications. ArcView was set as client and Matlab as server. Scripting in ArcView and customizing a window of ArcView, this system can execute the whole process of simulation by just clicking a button with mouse. As a conclusion, this system was proved to be an effective and easily controllable planning support system for the land price simulation.

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Experimental Comparative Analysis of Terrestrial Lidar Data and Cadastral Data for the Calculation of the Slope Area of Highland Agriculture Region (고랭지 농업지역의 경지면적 산출을 위한 지상라이다 데이터와 지적성과의 실험적 비교 분석)

  • Lee, Ho-Hyun;Lee, Jung-Il;Oh, Min-Kyun;Lee, Kyung-Do
    • Journal of Cadastre & Land InformatiX
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    • v.46 no.2
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    • pp.137-153
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    • 2016
  • The price of agricultural products has changed from year to year, the m ajor c ause o f price fluctuation is the imbalance of supply and demand. Materials which are mainly used in korean cabbage production volume is the forecast model, using the cadastral result, slope calculation is impossible to achieved. For this reason, this implies the drastic decrease of prices and the prediction of supply and demand of field crops that is cultivated in a highland slope area, this situation is being repeated. Therefore, the target area of this research is the slopes of high land, by using 2D and 3D Lidar data for the analysis of the cultivated area. Experiment was carried out in the same area to compare the data differences. The rate of change in the area of slope is quantitatively increasing presented by the regression model. An alternative methodology that can improve the reliability of the calculated slope area using 2D is through cadastral map.

Effective Application Methods of Cadastral Resurvey and Appraisal (지적재조사와 감정평가의 효과적 적용 방안)

  • Lee, Kyong-Hun;Jeong, Jong-Chul
    • Journal of the Korean Association of Geographic Information Studies
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    • v.16 no.1
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    • pp.80-88
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    • 2013
  • This study is to suggest the need to apply appraisal in calculating estimated compensation in order to efficiently implement the national cadastral resurvey project. The results from this research are summarized as follows. First, it is expected that the need to calculate estimated compensation would increase in the near future because current cadstral records do not reflect the reality. Second, the calculation and adjustment of estimated compensation can not be performed by officially assessed individual land price because the true value of a land can not be evaluated on the basis of the individual land price. Third, a variety of evaluation techniques such as individual evaluation and partial evaluation would be required in calculating estimated compensation depending on the type of land. In addition, an expert appraisal would be applied to the calculation of estimated compensation in order to achieve the purpose of fair estimated compensation.

A Break-Even Analysis that Helps with Decision Making involving the Introduction of Ultrasonography (초음파기기 도입 시 의사결정 지원을 위한 손익 분석)

  • Yeo, Seong-Hee;Lee, Hae-Jong;Seo, Young-Joon;Kim, Young-Hoon
    • Korea Journal of Hospital Management
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    • v.14 no.3
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    • pp.23-48
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    • 2009
  • The purpose of this study was to provide criteria which help executives to make decisions through the analysis of profitability of ultrasonography conducted in each medical department. In order to achieve such purpose, the study conducted break-even analyses on three medical departments of a university hospital in which has used ultrasonography was largely conducted in diagnosing diseases and performing surgeries. The research was carried out from January to June 2008. The data necessary for calculating cost, were collected using by computerized data. The results of the study were summarized as follows. 1. The Cost structure of each medical department: The Cost of ultrasonography was divided into direct cost and indirect cost through the categorization by cost object. Labor cost accounted for the largest portion of the direct cost with 69.3% in the department of obstetrics and gynecology, 67.4% in the department of radiology and 58.2% in the cardiac ultrasonography center, which followed by the depreciation cost of ultrasonography equipment. The calculation of the average material cost of each ultrasonographic test by medical test found that the cardiac ultrasonography center took first place with 2,355 won, followed by the department of obstetrics and gynecology with 266 won and the department of radiology with 233 won. As for the power cost of ultrasonography equipment, the department of radiology took fist place with 442,000 won. The power cost, however, did not affect much the cost price, because it accounted for only a small portion of the cost. As for indirect cost, the cardiac ultrasonography center ranked first with 7,156,000 won. Building depreciation cost accounted for the largest portion of the indirect cost. 2. Break-even analysis: Under the supposition that cost price can be divided into fixed cost and variable cost, a break-even analysis was conducted using the cost price confirmed through the cost structure of each medical department. As for the average customary charge of ultrasonography test conducted in each medical department, the department of obstetrics and gynecology charged 24,627 won, the department of radiology 53,179 won and the cardiac ultrasonography center 65,174 won. According to these results, the charges of ultrasonography test imposed by the department of radiology and the cardiac ultrasonography center wre enough to surpass break-even levels, but the charge imposed by the department of obstetrics and gynecology was not enough to offset the cost price. In conclusion, labor cost accounted for the largest proportion of cost price of ultrasonography test conducted in diagnosing diseases and performing surgeries in medical departments, followed by the fixed cost of ultrasonographic equipment depreciation cost. In medical department where the current charge of ultrasonography test turned out not to offset cost price through the break-even analysis of ultrasonographic equipment, ways to reduce fixed cost which accounts for the largest proportion of the cost price should be sought. Even medical departments whose current charge of ultrasonography test is enough to surpass break-even level are required to work for efficient management and cost reduction to continuously generate profits.

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An Empirical Study on Pricing Model for Software Operation (소프트웨어 운영 대가산정 방식에 대한 실증적 연구)

  • Kim, Heungshik;Kim, Choong Nyoung;Seo, Yongwon
    • Journal of Information Technology Services
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    • v.18 no.4
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    • pp.67-82
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    • 2019
  • The purpose of this study is to improve the calculation method of the software operation pricing proposed by the software business price calculation guide from 'input manpower method' to 'rate calculation method'. The software operation pricing of the input manpower method is not objectively calculated in the domestic IT outsourcing situation where the statistical data based on the activity based estimating is insufficient and it is decided by agreement between the owner and the client. In addition, there was no standard for adjusting the productivity according to the characteristics of the operation service. In order to improve this, an operational correction factor item that can affect the software operation productivity was selected based on foreign and domestic standards, and it was confirmed through the first questionnaire to IT operation managers. In order to determine the level of difficulty of the fixed operational correction factors, the operational correction factor using AHP technique was confirmed through a second questionnaire for pairwise comparison. The operational difficulty calculation table was developed with reference to COCOMO and ITIL standards. Finally, we propose a new pricing scheme that reflects the operating rate. Regression analysis was carried out by collecting the data of the domestic public institutions on the estimated cost and the actual cost calculated from the new rate method software operation pricing. The results of the regression analysis show that the estimated cost and the actual cost are related to each other. Mean magnitude of relative error(MMRE) and PRED[25] analysis were added for accuracy analysis. MMRE and PRED also showed satisfactory results, confirming the possibility of replacing the rate method software operation pricing.