• Title/Summary/Keyword: Process sharing

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Risk-sharing Strategies on EPC Contracts: Lessons-learned from Sabine Pass Liquefaction Project

  • Yoon, Sang-Moon;Lee, Jung-Heon;Lee, Eul-Bum
    • International conference on construction engineering and project management
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    • 2015.10a
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    • pp.629-630
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    • 2015
  • 'Sabine Pass Liquefaction Project (SPL Project)', a case study in this report, is the first construction project of a U.S. liquefaction facility for shale gas export overseas. This study analyzes the SPL Project to give understanding and a guideline to Korean EPC companies by benchmarking about effective risk-sharing strategies on EPC contracts. This study consists of three parts. The first summarizes the liquefaction process adopted on the SPL Project, named the 'ConocoPhillips Optimized Cascade Process', and compares it with other competitive liquefaction processes. The second introduces the unique features of the SPL EPC contract by comparing it with two other EPC forms of contracts: a FIDIC Silver Book for onshore plant projects and a contract of an offshore oil production (FPSO) project. The third focuses on the complexity of project financing (PF), especially lenders control and impact on the EPC contract such as covenant provisions to constrain variations and changes on the EPC Contract. From these conclusions, it is anticipated that this case study can provide a guideline for successful performance of Korean EPC contractors overseas.

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A PROCESSOR SHARING MODEL FOR COMMUNICATION SYSTEMS

  • Lim, Jong Seul;Park, Chul Guen;Ahn, Seong Joon;Lee, Seoyoung
    • Journal of applied mathematics & informatics
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    • v.15 no.1_2
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    • pp.511-525
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    • 2004
  • we model communication and computer systems that process interactive and several and several types of background jobs. The scheduling policy in use is to share the processor among all interactive jobs and, at most, one background job of each type at a time according to the process sharing discipline. Background jobs of each type are served on a first-come-first-served basis. Such scheduling policy is called Processor Sharing with Background jobs (PSBJ). In fact, the PSBJ policy is commonly used on many communication and computer systems that allow interactive usage of the systems and process certain jobs in a background mode. In this paper, the stability conditions for the PSBJ policy are given and proved. Since an exact analysis of the policy seems to be very difficult, an approximate analytic model is proposed to obtain the average job sojourn times. The model requires the solution of a set of nonlinear equations, for which an iterative algorithm is given and its convergence is proved. Our results reveal that the model provides excellent estimates of average sojourn times for both interactive and background jobs with a few percent of errors in most of the cases considered.

Development of Knowledge Sharing Platform for Digitization of Surface Mount Technology (생산기반기술 디지털화를 위한 지식공유형 플랫폼 개발: 전자패키지 표면실장기술을 중심으로)

  • Bae, Sung-Min;Son, Soo-Hyun;Kwon, Sang-Hyun;Lee, Hyo-Soo;Heo, Young-Moo;Kang, Mun-Jin;Yoo, Se-Hoon
    • Journal of the Microelectronics and Packaging Society
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    • v.18 no.1
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    • pp.1-5
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    • 2011
  • In this paper, we introduce knowledge sharing platform for production technology. Surface mount technology (SMT) is one of the important production technologies to fabricate electronic devices. The production technology of the SMT, however, has been propagated from an experienced worker to an inexperienced worker in a manufacturing field. The objective of the knowledge sharing platform is to convert the production experiences like a solder printing knowhow into quantitative values, to construct the database of the process technologies, and to share the technologies systematically via web portal service. In addition, the knowledge sharing platform contains the total production process of mobile products, the information of experts and facilities, and recent R&D output. In this manner, the knowledge sharing platform for production technology could strengthen the technological competitiveness of small and medium manufacturing companies in Korea.

Effect Analysis of Carrier Pinhole Position Error on the Load Sharing of Planetary Gear (캐리어의 핀홀 위치 오차가 유성기어의 하중 분할에 미치는 영향 분석)

  • Kim, Jeong-Gil;Park, Young-Jun;Lee, Geun-Ho;Kim, Jae-Hoon
    • Journal of the Korean Society of Manufacturing Process Engineers
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    • v.15 no.4
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    • pp.67-72
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    • 2016
  • Planetary gear sets are widely used in power transmission components, which have high efficiency and good durability. Their most important design parameter is the load-sharing characteristics among several planetary gears. In this study, the load sharing of planetary gears was analyzed according to the carrier pinhole position error of planetary gear sets. The loads acting on planetary gears varied with the pinhole position error of the carrier, and the load sharing of planetary gears improved as the input load increased. In addition, the load of the planetary gear with a carrier pinhole position error was relatively higher than that of other planetary gears without carrier pinhole position errors. This trend appeared more clearly in the non-floating-type carrier than the floating-type carrier.

Scheduling Tasks for a Time Sharing Computer System with a Single Processor

  • 차동완
    • Communications of the Korean Institute of Information Scientists and Engineers
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    • v.5 no.1
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    • pp.04-10
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    • 1987
  • We consider a time sharing computer system with a single processor where tasks ofK different types arrive at the system according to independent time homogeneous Poisson processes from outside. A task, after given a quantum for processing, leaves the system, or changes the type and rejoins the system according to specified probabilitycs. While many existing priority time sharing models determine the priorities of tasks strictly by their service time requirements, this paper develops a new scheduling rule wherein the importances or urgencies in addition to the service time requirements of tasks are counted, by inposing an appropriate reward structure on the system. Also presented is the algorithm through which to determine the rankings of K types according to this new scheduling rule.

A Study on Information Sharing in the MICE Industry (MICE산업의 정보공동활용에 관한 연구)

  • Kim, Kil-Lae;Jeong, So-Yeon
    • Journal of Information Management
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    • v.41 no.1
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    • pp.127-144
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    • 2010
  • The importance of MICE information sharing has recently emerged in MICE industry. However it is very difficult to provide a solution that would enable MICE industry to come to an agreement to share MICE information. In this context, the purpose of this study is to analyze the major problems in information sharing process of MICE industry and to develop the paradigm model by ground theory approach and to propose a guideline for MICE information sharing which have not been treated as a research topic in the domestic MICE areas sofar.

Study on the Validity of Inventory Sharing System for the Strategic Cooperation of Outsourcing Companies (아웃소싱 업체의 전략적 제휴를 위한 재고 공유 시스템 타당성 연구 - 제조업체 재고 및 판매 중심으로 -)

  • 김경섭;박진원;정석재;송일윤
    • Journal of the Korea Society for Simulation
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    • v.12 no.4
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    • pp.61-71
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    • 2003
  • Recently, a matter of the highest priority that the company must do for the satisfaction of customer service is that the company ensure the competitive power throughout the strategic cooperation in the market environment changing rapidly In this situation, one of allied strategies is the supply chain management and the outsourcing is one of the supply chain management strategies. In this paper, the inventory sharing system is introduced as the method to solve two inconsistency problem such as inventory and customer service. This paper also suggests how to increase customer service and to decrease inventory throughout construction of the inventory sharing system among outsourcing companies. For this, we experimented the effect of the inventory sharing system on the supply chain dynamics by using the simulation modeling and analyzed the validity about construction of the inventory sharing system presented in this study. The simulation is designed by Vensim(Process simulation package) and has some feedback loops.

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The Impact of Information Sharing Under Opportunism in Supplier-Buyer Relationships: An Empirical Analysis

  • Chang, Young Bong;Cho, Wooje
    • Journal of Information Technology and Architecture
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    • v.9 no.4
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    • pp.365-376
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    • 2012
  • We examine the value of information sharing in the context of supplier-buyer relationships after controlling for trading partners' opportunism. Given that trading partners' opportunism is not randomly chosen, we explicitly incorporate their self-selection process into our estimation procedure by employing Heckman's self-selection model. According to our analysis, firms that have built safeguards via mutual trust, commitments and information sharing experience less opportunistic risk in supplier-buyer relationships. Our findings also suggest that information sharing has a positive impact on firm performance after controlling for opportunism. Further, firms that are less exposed to trading partners' opportunistic risk have achieved a higher performance than others that are more exposed. Importantly, higher performance for those firms with less opportunistic risk is driven by safeguards in supplier-buyer relationships as well as information sharing. Our findings can be applied for systems analysts to design information systems of supplier-buyer transactions.

Design of Evaluation Method for Business Models Considering Spectrum Sharing using Analytic Hierarchy Process(AHP) Method (AHP를 이용한 주파수 공유 비즈니스 모델 평가방법 설계)

  • Kim, Taehan;Park, Hyun Min
    • The Journal of the Korea Contents Association
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    • v.15 no.12
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    • pp.525-533
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    • 2015
  • The evolution of spectrum sharing technology enables the creation of many business scenarios and business models such as TV white space service. Business models considering spectrum sharing should guarantee economic feasibility for service providers and increasing benefit for service users. In addition, new business models should contribute to economic activation in the wireless telecommunication service industry. It is therefore necessary to design quantitative evaluation methods for selection of the best business models. The methods should reflect the various points of view of valuation. Our research addresses evaluation method for business models considering spectrum sharing. We define evaluation indicators to reflect the distinct characteristics of spectrum sharing. Also, we adopt analytic hierarchy process(AHP) to derive the weights of each indicator to evaluate business models considering spectrum sharing.

A Comparative Performance Study for Compute Node Sharing

  • Park, Jeho;Lam, Shui F.
    • Journal of Computing Science and Engineering
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    • v.6 no.4
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    • pp.287-293
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    • 2012
  • We introduce a methodology for the study of the application-level performance of time-sharing parallel jobs on a set of compute nodes in high performance clusters and report our findings. We assume that parallel jobs arriving at a cluster need to share a set of nodes with the jobs of other users, in that they must compete for processor time in a time-sharing manner and other limited resources such as memory and I/O in a space-sharing manner. Under the assumption, we developed a methodology to simulate job arrivals to a set of compute nodes, and gather and process performance data to calculate the percentage slowdown of parallel jobs. Our goal through this study is to identify a better combination of jobs that minimize performance degradations due to resource sharing and contention. Through our experiments, we found a couple of interesting behaviors for overlapped parallel jobs, which may be used to suggest alternative job allocation schemes aiming to reduce slowdowns that will inevitably result due to resource sharing on a high performance computing cluster. We suggest three job allocation strategies based on our empirical results and propose further studies of the results using a supercomputing facility at the San Diego Supercomputing Center.