• Title/Summary/Keyword: The benefit estimation

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An Accurate Estimation of a Modal System with Initial Conditions (ICCAS 2004)

  • Seo, In-Yong;Pearson, Allan E.
    • 제어로봇시스템학회:학술대회논문집
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    • 2004.08a
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    • pp.1694-1700
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    • 2004
  • In this paper, we propose the AWLS/MFT (Adaptive Weighed Least Squares/ Modulation Function Technique) devised by A. E. Pearson et al. for the transfer function estimation of a modal system and investigate the performance of several algorithms, the Gram matrix method, a Luenberger Observer (LO), Least Squares (LS), and Recursive Least Squares (RLS), for the estimation of initial conditions. With the benefit of the Modulation Function Technique (MFT), we can separate the estimation problem into two phases: the transfer function parameters are estimated in the first phase, and the initial conditions are estimated in the second phase. The LO method produces excellent IC estimates in the noise free case, but the other three methods show better performance in the noisy case. Finally, we compared our result with the Prony based method. In the noisy case, the AWLS and one of the three methods - Gram matrix, LS, and RLS- show better performance in the output Signal to Error Ratio (SER) aspect than the Prony based method under the same simulation conditions.

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Development of Automatic System for Estimation of Digital Relay Performance (Digital Relay 자동성능평가 시스템 개발)

  • Min, Byoung-Woon;Park, Dong-Ho;Kim, Jung-Han;Choi, Hang-Sub;Lee, Seung-Jae
    • Proceedings of the KIEE Conference
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    • 2005.07a
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    • pp.510-512
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    • 2005
  • This paper introduces the development of automatic system for estimation of digital relay performance. We have developed an automatic estimation system "HRV2004(Himap Relay function Verifier 2004)" for digital relay in 2004 and it has been verified in the field for one years. This paper describes the development details and field experience of HRV2004. HRV2004 can perform a series of jobs required for the relay testing in one environment and could handle most of all models of protective relay currently produced by Hyundai Heavy Industries. The functionality of this program consists of GUI of relay setting for beginner, fault record analysis and relay performance estimation. The core of this system is an automatic reporting of estimation test. If user is only click a button for relay estimation and one will received testing report to deliver customer. Additional benefit is fast response than the manual estimation. For example, the manual estimation takes spending 6 hours but this system is about 15 minutes.

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Weighted Distance-Based Quantization for Distributed Estimation

  • Kim, Yoon Hak
    • Journal of information and communication convergence engineering
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    • v.12 no.4
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    • pp.215-220
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    • 2014
  • We consider quantization optimized for distributed estimation, where a set of sensors at different sites collect measurements on the parameter of interest, quantize them, and transmit the quantized data to a fusion node, which then estimates the parameter. Here, we propose an iterative quantizer design algorithm with a weighted distance rule that allows us to reduce a system-wide metric such as the estimation error by constructing quantization partitions with their optimal weights. We show that the search for the weights, the most expensive computational step in the algorithm, can be conducted in a sequential manner without deviating from convergence, leading to a significant reduction in design complexity. Our experments demonstrate that the proposed algorithm achieves improved performance over traditional quantizer designs. The benefit of the proposed technique is further illustrated by the experiments providing similar estimation performance with much lower complexity as compared to the recently published novel algorithms.

A Study on Establishing Operation Mathematical Model for Optimum Capacity Estimation of the ESS Applications for each in the Nationwide Perspective (국가적 관점에서 용도별 ESS 적정용량 산정을 위한 운전수리모델 수립에 대한 연구)

  • Kim, Jung-Hoon;Youn, Seok-Min
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.65 no.6
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    • pp.969-978
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    • 2016
  • Around the world are increasing the demand for ESS. Currently, the domestic is expected to benefit by operating ESS. In the domestic, it is expected to benefit from operations of the installed ESS because of the introduction of ESS less capacity. However ESS capacity to the maximum profit occurs is unknown. ESS is different from the charge-discharge characteristics and the reserve to replace, depending on the application. Therefore, it should be established in accordance with the ESS optimal capacity according to the purpose used because it can maximize the quality and efficiency of the electric energy. To the ESS optimal capacity estimation by the purpose used, It should compare the investment cost caused by ESS facility installation and operation cost caused by operating ESS. In this paper, the operation mathematical model for estimating marginal operation costs established. In operation mathematical model, operating cost is considered fuel cost and no-load cost start-up cost. Because no-load cost and start-up cost are not related to cost and power plant output, there are expressed an integer variable costs as a step function.

Valuation of Public Data Using Stated Preference Method: The Case of Agriculture Soil Database (진술선호방법을 이용한 공공 데이터의 가치 평가: 농업토양정보 데이터베이스 사례)

  • Lee, Sang-Ho;Ha, Sung-Ho;Jeong, Ki-Ho
    • The Journal of Information Systems
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    • v.27 no.4
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    • pp.149-165
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    • 2018
  • Purpose As Korean economy has been sluggish in recent years, firms' interest in publicly financed projects has increased due to the relatively increasing proportion in the economy. Since 1999, publicly financed projects in Korea need to undergo preliminary feasibility study to evaluate economic efficiency and policy quality if they are larger than a certain scale. The benefits of public projects are one of the most important factors in the preliminary feasibility study but are difficult to estimate due to their nature. Design/methodology/approach This study estimates the benefits of the agricultural soil information database, a public database in Korea. The method used in the study is the stated preference method which is formally used in Korea's preliminary feasibility study. Data are collected through surveys and a logit model is constructed to be estimated by the maximum likelihood estimation method. Findings As the first study evaluating a public database, this study can be used as a baseline in all public database projects developed in the future. In addition, this study can contribute to improving the understanding of both private companies and public organizations who are interested in the cost-benefit analysis and estimation procedure for the publicly financed projects.

Cost-benefit Analysis of Health Screening Test for the Insured (피보험자 건강진단의 비용-편익 분석)

  • Yu, Seung-Hum;Sohn, Myong-Sei;Cho, Woo-Hyung;Park, Eun-Cheol;Lee, Young-Doo;Lee, Kyu-Sik;Chun, Ki-Hong
    • Journal of Preventive Medicine and Public Health
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    • v.22 no.2 s.26
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    • pp.248-258
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    • 1989
  • As a result of cost-benefit analysis by making a macroscopic approach to the health screening projects conducted 4 times since 1950 for the insured people of the Korea Medical Insurance Corporation, the following conclusions were reached. 1. The direct costs put into the health screening project, and the time costs which were paid by examinees or calculated in terms of social costs have been estimated. The results is that the lowest estimation was 10,337 million won and the highest 15,141 million won when a minimum of 1.5 hours of time spent and a maximum 4 hours were applied. 2. In terms of the psychiatric benefits, the lowest estimation was 5,341 million won while the highest was 5,585 million won. 3. In terms of the benefits for each kind of diseases, the lowest estimation of 37,188 million won and highest estimation of 74,383 million won have been calculated for the liver diseases. And for the cardiovascular diseases, the minimum estimation was 14,475 million won while the maximum was 20,532 million won. In case of pulmonary tuberculosis, with external effect benefits being included, the estimation ranged from the minimum of 1,649 million won to the maximum of 1,832 million won. And the estimation of benefits for diabetes mellitus and renal diseases ranged from 89 million won to 92 million won and from 4,567 million won to 7,598 million won respectively. 4. In comparing costs and benefits, as a results of comparing each highest and lowet estimation a range of minimum 46,708 million won and maximum 98,071 million won of benefits has been gained.

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Tensor-Based Channel Estimation Approach for One-Way Multi-Hop Relaying Communications

  • Li, Shuangzhi;Mu, Xiaomin;Guo, Xin;Yang, Jing;Zhang, Jiankang
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.9 no.12
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    • pp.4967-4986
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    • 2015
  • Multi-hop relaying communications have great potentials in improving transmission performance by deploying relay nodes. The benefit is critically dependent on the accuracy of the channel state information (CSI) of all the transmitting links. However, the CSI has to be estimated. In this paper, we investigate the channel estimation problem in one-way multi-hop MIMO amplify-and-forward (AF) relay system, where both the two-hop and three-hop communication link exist. Traditional point-to-point MIMO channel estimation methods will result in error propagation in estimating relay links, and separately tackling the channel estimation issue of each link will lose the gain as part of channel matrices involved in multiple communication links. In order to exploit all the available gains, we develop a novel channel estimation model by structuring different communication links using the PARAFAC and PARATUCK2 tensor analysis. Furthermore, a two-stage fitting algorithm is derived to estimate all the channel matrices involved in the communication process. In particular, essential uniqueness is further discussed. Simulation results demonstrate the advantage and effectiveness of the proposed channel estimator.

The Potential Cost-Benefit Analysis on the Disability Discrimination Act in Korea (장애인차별금지법의 잠재적 비용-편익 분석: 고용영역을 중심으로)

  • Yu, Dong-Chul
    • Korean Journal of Social Welfare
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    • v.57 no.2
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    • pp.297-320
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    • 2005
  • This study was attempted to give aids in making 'the Disability Discrimination Act' by estimating the potential Cost-Benefit in case that the discrimination on the disabled is removed. The potential benefits from this Disability Discrimination Act are calculated considering the income increase of the people with disabilities from additional employment for them and the decrease of employment levies and the public assistance benefits. The potential cost was made focusing on the following 2 expenses- the extra expenditures that the owners of companies had to invest from the employment of the disabled and the managing expenses for correcting discrimination organizations. As the result of this estimation, the potential net present value under the 7% discount rate is very high as 12,700,301 million won and the cost-benefit ratio is also great as 96.8. The consequence of the sensitive analysis in changing the discount rate also does not have great changes. As the result of these estimating results, it is known that when the discrimination is solved by the 'Disability Discrimination Act', the pure benefit of our society will become tremendous. After all, it could be said that the need for 'the Disability Discrimination Act' is emphasized and should be emphasized.

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Calculation of Total Benefit by the Contingent Valuation Method for Cost-Benefit Analysis: Focusing on Income and Distance-Decay Effects (비용편익분석을 위한 조건부가치측정법에서의 총편익 산정: 소득효과 및 거리-소멸 효과를 중심으로)

  • Lee, Jongyearn
    • KDI Journal of Economic Policy
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    • v.36 no.1
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    • pp.43-80
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    • 2014
  • This study suggests a model for calculating total benefit rigorously to use the contingent valuation method (CVM) in cost-benefit analysis (CBA). Estimating households' willingness to pay through survey method, the study attempts to demonstrate if a respondent's income and the distance between a respondent's residence and the location of a target facility affect her willingness to pay. The estimation results from a structural model show that income and distance-decay effects exist and that the calculated total benefit varies largely when these effects are ignored. The study emphasizes the effects of income and distance-decay on the total benefit must be carefully considered in using CVM for CBA. Even though the total project cost is precisely estimated, the benefit/cost (B/C) ratio may differ largely when the total benefit is not correctly calculated. Also, an ad hoc model generates significantly different estimates from the utility difference model this study adopted. The difference in estimates suggests that the total benefit has to be estimated by a structural model. Finally, simulations are performed to check the validity of the model as well as to predict consequences when income and distance-decay effects are not properly treated. The results from simulations reveal it is not desirable to ignore those effects considering the perspectives of balanced regional development.

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