• Title/Summary/Keyword: Time-cost function

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Development of Outage Cost Impact Index Function of Electricity Energy and Outage Cost Assessment using WOROCAIS (전력에너지 공급지장비의 충격도지수 함수개발 및 WOROCAIS를 이용한 이의 추정에 관한 연구)

  • Lim, Jin-Taek;Choi, Jae-Seok;Jeon, Dong-Hoon;Seo, Chul-Soo;Lee, Jae-Gul
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.62 no.8
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    • pp.1066-1073
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    • 2013
  • This paper illustrates newly an outage cost impact index function(OCIIF). The assessment of the OCIIF is described using the Web Based Online Real-time Outage Cost Assessment and Information System(WOROCAIS) for power system outage cost assessment in Korea. The proposed OCIIF is not absolute but relative outage cost impact index function in view point of outage time using web based survey method for outage cost assessment. While conventional methodology does not consider short time outage cost assessment, the proposed OCIIF reflects short time outage. SCOF(Sector Customer Outage Function) in stead of the traditional SCDF(Sector Customer Damage Function) is defined and proposed newly in this paper. Based the SCOF, AVLL(Average Value of Loss Load) is newly proposed. The OCIIF is demonstrated by WOROCAIS in case study around 2,000 sample data surveyed by KEPCO in South Korea in recent.

Cost Function of Congestion-Prone Transportation Systems (혼잡현상을 갖는 교통체계의 비용함수)

  • Mun, Dong-Ju;Kim, Hong-Bae
    • Journal of Korean Society of Transportation
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    • v.25 no.6
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    • pp.209-230
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    • 2007
  • This paper analyzed the social cost function of a congestion-prone service system, which is developed from the social cost minimization problem. The analysis focused on the following two issues that have not been explicitly explored in the previous studies: the effect of the heterogeneity of value-of-travel-times among customers on the structure of cost functions; and the structure of the supplier cost function constituting the social cost function. The analysis gave a number of findings that could be summarized as follows. First, the social marginal cost for one unit increase in system output having a certain value-of-travel-time is the sum of the service time cost for that value-of-travel-time and the marginal congestion cost for the average value-of-service-time of all the system outputs. Second, the marginal congestion cost equals the marginal supplier cost of system output under the condition that supplier compensates the customers for the changed service time costs which is incurred by the marginal capacity increase necessary for economically facilitating an additional system output. Third, the compensated marginal cost is the multiple of the marginal capacity cost and the inverse of system utilization ratio, if the service time function is homogeneous of degree zero in its inputs.

Characteristics of the Economic Repair Time of the Components in Public Rental Housing

  • Lee, KangHee;Chae, ChangU
    • KIEAE Journal
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    • v.15 no.1
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    • pp.69-75
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    • 2015
  • Building has required the repair money to improve or maintain the decent living condition continuously after construction. It needs to grasp the building deterioration to decide the scope and contents before it is repaired. Under various conditions such as physical, social and financial constraints, the repair plan would be prepared. Among constraints, the cost is indispensible to specify the repair time, repair scope and target. The required cost would be planned to preparation over the years. In this paper, it aimed at providing the repair strategy of the public rental housing in repair time, using the cumulative cost model which is $3^{rd}$ function. In the $3^{rd}$ function, the inflection point should exist in the line. And there are two types in the cumulative model, First, if the maximum cost be shown, the repair time would be provided. Second, if the maximum cost not be shown, the cumulative function should be proportionally increased and the repair strategy is properly provided with a short cycle. In results of this study, 11 items would provide the repair time. These cumulative function would be repaired about 4 years after constructed, and after about 4 years, the cumulative function would be continuously increased.

Determination of Resetting Time to the Process Mean Shift with Failure (고장을 고려한 공정평균 이동에 대한 조정시기 결정)

  • Lee, Do-Kyung
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.42 no.4
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    • pp.145-152
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    • 2019
  • All machines deteriorate in performance over time. The phenomenon that causes such performance degradation is called deterioration. Due to the deterioration, the process mean of the machine shifts, process variance increases due to the expansion of separate interval, and the failure rate of the machine increases. The maintenance model is a matter of determining the timing of preventive maintenance that minimizes the total cost per wear between the relation to the increasing production cost and the decreasing maintenance cost. The essential requirement of this model is that the preventive maintenance cost is less than the failure maintenance cost. In the process mean shift model, determining the resetting timing due to increasing production costs is the same as the maintenance model. In determining the timing of machine adjustments, there are two differences between the models. First, the process mean shift model excludes failure from the model. This model is limited to the period during the operation of the machine. Second, in the maintenance model, the production cost is set as a general function of the operating time. But in the process mean shift model, the production cost is set as a probability functions associated with the product. In the production system, the maintenance cost of the equipment and the production cost due to the non-confirming items and the quality loss cost are always occurring simultaneously. So it is reasonable that the failure and process mean shift should be dealt with at the same time in determining the maintenance time. This study proposes a model that integrates both of them. In order to reflect the actual production system more accurately, this integrated model includes the items of process variance function and the loss function according to wear level.

Delay-dependent Guaranteed Cost Control for Uncertain Time Delay System

  • Lee, In-Beum;Choi, Jin-Young
    • 제어로봇시스템학회:학술대회논문집
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    • 2001.10a
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    • pp.62.4-62
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    • 2001
  • In this paper, we propose a delay-dependent guaranteed cost controller design method for uncertain linear systems with time delay. The uncertainty is norm bounded and time-varying. A quadratic cost function is considered as the performance measure for the given system. Based on the Lyapunov method, sufficient condition, which guarantees that the closed-loop system is asymptotically stable and the upper bound value of the closed-loop cost function is not more than a specied one, is derived in terms of Linear Matrix Inequalities(LMIs) that can be solved sufficiently. A convex optimization problem can be formulated to design a guaranteed cost controller, which minimizes the upper bound value of the cost function. Numerical examples show the activeness of the proposed method.

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Guaranteed cost control for singular systems with time delays using LMI

  • Kim, Jong-Hae
    • 제어로봇시스템학회:학술대회논문집
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    • 2002.10a
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    • pp.44.1-44
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    • 2002
  • This paper is concerned with the problem of designing a guaranteed cost state feedback controller for singular systems with time-varying delays. The sufficient condition for the existence of a guaranteed cost controller, the controller design method, and the optimization problem to get the upper bound of guaranteed cost function are proposed by LMI(linear matrix inequality), singular value decomposition, Schur complements, and change of variables. Since the obtained sufficient conditions can be changed to LMI form, all solutions including controller gain and upper bound of guaranteed cost function can be obtained simultaneously.

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Replacement Model Based on Cost and Downtime

  • Jung, Ki-Mun;Han, Sung-Sil;Lim, Jae-Hak
    • Journal of the Korean Data and Information Science Society
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    • v.14 no.4
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    • pp.889-901
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    • 2003
  • In this paper, we consider the optimal replacement policies following the expiration of the combination warranty. The combination warranty can be divided into the renewing combination warranty and the non-renewing combination warranty. The criterion used to determine the optimal replacement period is the overall value function based on the expected cost and the expected downtime. Thus, we obtain the expected cost rate per unit time and the expected downtime per unit time for our model. And then the overall value function suggested by Jiagn and Ji(2002) is applied to obtain the optimal replacement period. The numerical examples are presented for illustrative purpose.

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The Multiple Traveling Purchaser Problem for Minimizing Logistics Response Time in Wartime (전시 군수반응시간 최소화를 위한 복수 순회구매자 문제)

  • Choi, Myung-Jin
    • Journal of the Korea Institute of Military Science and Technology
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    • v.13 no.3
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    • pp.431-437
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    • 2010
  • It's strongly needed to minimize the logistics response time for supporting military operations in wartime. In this paper, we suggest the ILP formulation for minimizing logistics response time in wartime. Main structure of this formulation is based on the traveling purchaser problem(TPP) which is a generalized form of the well-known traveling salesman problem(TSP). In the case of general TPP, objective function is to minimize the sum of traveling cost and purchase cost. But, in this study, objective function is to minimize traveling cost only. That's why it's more important to minimize traveling cost(time or distance) than purchase cost in wartime. We find out optimal solution of this problem by using ILOG OPL STUDIO(CPLEX v.11.1) and do the sensitive analysis about computing time according to number of operated vehicles.

A System Analysis of a Controllable Queueing Model Operating under the {T:Min(T,N)} Policy (조정가능한 대기모형에 {T:Min(T,N)} 운용방침이 적용되었을 때의 시스템분석)

  • Rhee, Hahn-Kyou
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.38 no.1
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    • pp.21-29
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    • 2015
  • A steady-state controllable M/G/1 queueing model operating under the {T:Min(T,N)} policy is considered where the {T:Min(T,N)} policy is defined as the next busy period will be initiated either after T time units elapsed from the end of the previous busy period if at least one customer arrives at the system during that time period, or after T time units elapsed without a customer' arrival, the time instant when Nth customer arrives at the system or T time units elapsed with at least one customer arrives at the system whichever comes first. After deriving the necessary system characteristics including the expected number of customers in the system, the expected length of busy period and so on, the total expected cost function per unit time for the system operation is constructed to determine the optimal operating policy. To do so, the cost elements associated with such system characteristics including the customers' waiting cost in the system and the server's removal and activating cost are defined. Then, procedures to determine the optimal values of the decision variables included in the operating policy are provided based on minimizing the total expected cost function per unit time to operate the queueing system under considerations.

Repair Accumulation Cost for the Long-Term Repair Plan in Multifamily Housing Using the Forecasting Model of the Repair Cost (공종별 수선비용 추계모델을 활용한 공동주택 장기수선충당금 적립금액 산정)

  • Lee, Kang-Hee;Chae, Chang-U
    • KIEAE Journal
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    • v.16 no.3
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    • pp.137-143
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    • 2016
  • Purpose: Apartment housing should conduct a cyclic repair to keep and maintain the building performance since they are constructed. Therefore, the repair plan would be provided for long term period which explains the repair time, items and repair cost. Residents of apartment housing are responsible to pay for the repair activities. For repair cost, residents would reserve the money for repair little by little continuously until the required repair time because the repair cost takes a big burden for residents and lots of money a time. But, there is no systematic approach to provide the long term repair cost because it is no proper forecast of the repair cost to the upcoming repair time. In this study, it aimed at providing the monthly accumulation of the long term repair cost with the survey data in Seoul. Method: For these, the surveyed data are classified into 6 categories and number of data are 1,918. In addition, it developed the repair cost model for the 24 repair works and the cumulation function which is reflected with the each cost model. Result: This study are shown as follows : First, among the various estimation for the repair cost, the power function has a goodness of fit in statistics. Second, the monthly accumulation would be 12,840 won/household in size of $100,000m^2$ management area and $81.7won/m^2$ in size of the 1,000 household number during 40 years.