• Title/Summary/Keyword: cost of capital

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Economic and Performance Analysis for 2bed and 3bed Oxygen PSA Process (2탑 및 3탑식 Oxygen PSA 장치 운전결과 및 경제성 비교분석)

  • Kim, Kweon-Ill;Kim, Jong-Nam;Cho, Sung-Chul;Cho, Soon-Haeng;Jin, Myung-Jong
    • Applied Chemistry for Engineering
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    • v.7 no.4
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    • pp.653-660
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    • 1996
  • For oxygen PSA process development, adsorbed amount of oxygen and nitrogen on various adsorbents were measured corresponding Langmuir isotherm parameters were measured. A reasonable adsorbent for oxygen process was selected based on the effective adsorbed amount. The PSA process consists of adsorption, desorption, pressurization, purging and pressure equilization steps. Adsorption pressure was about 2 atm and desorption pressure was between 120 torr to 400torr. Cycle time of 2-bed PSA process was 80 seconds and that of 3-bed oxygen PSA process was 180 seconds. In order to compare and analyze operation characteristics and economic feasibilities of 2-bed and 3-bed oxygen PSA processes, productivity, oxygen concentration and recovery were compared and the effect of purge and pressurization steps on the performance of PSA processes were analyzed. For the commercial scale oxygen PSA process, capital and electricity cost were estimated. In the range of $O_2$ production less than $700Nm^3/hr$, the 2-bed process is conformed more feasible in economic view point.

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Optimal Design Of Multisite Batch-Storage Network under Scenario Based Demand Uncertainty (다수의 공장을 포함하는 불확실한 수요예측하의 회분식 공정-저장조 망의 최적설계)

  • 이경범;이의수;이인범
    • Journal of Institute of Control, Robotics and Systems
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    • v.10 no.6
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    • pp.537-544
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    • 2004
  • An effective methodology is reported for determining the optimal lot size of batch processing and storage networks which include uncertain demand forecasting. We assume that any given storage unit can store one material type which can be purchased from suppliers, internally produced, infernally consumed, transported to or from other sites and/or sold to customers. We further assume that a storage unit is connected to all processing and transportation stages that consume/produce or move the material to which that storage unit is dedicated. Each processing stage transforms a set of feedstock materials or intermediates into a set of products with constant conversion factors. A batch transportation process can transfer one material or multiple materials at once between sites. The objective for optimization is to minimize the probability averaged total cost composed of raw material procurement, processing setup, transportation setup and inventory holding costs as well as the capital costs of processing stages and storage units. A novel production and inventory analysis formulation, the PSW(Periodic Square Wave) model, provides useful expressions for the upper/lower bounds and average level of the storage inventory. The expressions for the Kuhn-Tucker conditions of the optimization problem can be reduced to two sub-problems. The first yields analytical solutions for determining lot sires while the second is a separable concave minimization network flow subproblem whose solution yields the average material flow rates through the networks for the given demand forecast scenario. The result of this study will contribute to the optimal design and operation of the global supply chain.

An Estimation of Performance Test and Uncertainty of Measurement for a Large Axial-flow Fan Based on ANSI/AMCA 210 Standard (ANSI/AMCA 210 기준에 의한 대형 축류 송풍기의 성능시험 및 측정 불확도 평가)

  • Ko, Hee-Hwan;Chung, Cheol-Young;Kim, Kyung-Yup
    • The KSFM Journal of Fluid Machinery
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    • v.17 no.2
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    • pp.24-29
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    • 2014
  • In general, a large-capacity axial flow fan is used for industrial processes or ventilation in a social overhead capital infrastructure. The main characteristics of the large axial-flow fan need a lot of electrical power consumption and operate 24 hours a day, 365 days a year. Since the large axial flow fan consumes several hundreds to thousands kW per hour, both manufacturer and consumer are struggling to select high efficiency products for saving energy and reducing operation cost. Therefore, the performance testing should be accurately conducted in experimental equipments. The performance estimation and uncertainty of measurement of the axial-flow fan gathered from the result from nozzle shaped testing equipments certified with ANSI/AMCA standard and duct shaped testing equipment under the same experimental condition. The experimental results from both facilities have maximum 17% differences in performance evaluation and uncertainty of measurement. As considering that the differences, it is doubt about the reliability of testing result. The test was repeated with the specific term during 12 months because it is important to fully reflect the real conditions and to decide the repeatability of data. The evaluation of duct type testing facilities was failed to get an uncertainty measure. Testing results were previously published. As a series of previous paper, axial fan (∅1690 mm) and duct type testing facilities were fabricated. The purpose of fabricating testing equipment was testing an uncertainty measurement under the controlled environments.

A Study on Concept of the Mobile Access Part based on the ITU's Access Network Functional Model (ITU Access Network의 기능적 모형에 근거한 이동망의 가입자 접속 부문 정립에 관한 연구)

  • Kim, Moon-Soo
    • The Journal of Korean Institute of Communications and Information Sciences
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    • v.28 no.1A
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    • pp.17-24
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    • 2003
  • Access network is one of the most critical components of telecommunication networks. Essentially it provides the final connection through to the subscriber and at the same it is usually the most expensive component in terms of capital investment and ongoing cost of maintenance and repair In recent, various access technologies with broadband have been developed and also are emerging newly Comparing fixed access networks, the concrete concept as well as the scope of mobile access networks or parts has not been defined yet although it is caused by peculiarities of mobile network with mobility-guarantee technology, use of RF resource, fixed-exchange and transport networks This article examines the characteristics and detailed functions of BTS, BSC, MSC and other components in CDMA mobile network under the IS-95 A/B and cdma 2000-1x standards comparing the ITU's access network functional model From the systematic and functional perspectives, futhermore, an alternative definition for access parts of mobile network is proposed.

Detection Model of Fruit Epidermal Defects Using YOLOv3: A Case of Peach (YOLOv3을 이용한 과일표피 불량검출 모델: 복숭아 사례)

  • Hee Jun Lee;Won Seok Lee;In Hyeok Choi;Choong Kwon Lee
    • Information Systems Review
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    • v.22 no.1
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    • pp.113-124
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    • 2020
  • In the operation of farms, it is very important to evaluate the quality of harvested crops and to classify defective products. However, farmers have difficulty coping with the cost and time required for quality assessment due to insufficient capital and manpower. This study thus aims to detect defects by analyzing the epidermis of fruit using deep learning algorithm. We developed a model that can analyze the epidermis by applying YOLOv3 algorithm based on Region Convolutional Neural Network to video images of peach. A total of four classes were selected and trained. Through 97,600 epochs, a high performance detection model was obtained. The crop failure detection model proposed in this study can be used to automate the process of data collection, quality evaluation through analyzed data, and defect detection. In particular, we have developed an analytical model for peach, which is the most vulnerable to external wounds among crops, so it is expected to be applicable to other crops in farming.

Profile Position Control of Extractive Thermally Coupled Distillation System (추출 열 통합 증류계의 프로필 위치 제어)

  • Cho, Hoon;Choi, Yu-Mi;Lee, Jin-Hong;Cho, Im-Pyo;Han, Myung-Wan
    • Korean Chemical Engineering Research
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    • v.50 no.5
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    • pp.815-824
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    • 2012
  • Extractive distillation system can be used when the components to be separated have close boiling points or form azeotropes. Extractive distillation is one of the most important and widely used separation methods in chemical process industry. The main disadvantage of the distillation is its high-energy requirements. Thermally coupled distillation system (TCDS) can provide significant savings in energy consumption and capital cost over the operation of sequences based on conventional distillation column. Despite such advantages of the thermally coupled distillation system, the process is not widely used in industry because control and operation of the column are difficult. In this study, we propose several control schemes for thermally coupled distillation system to overcome the difficulties and make the column stable when the process is confronted with feed disturbances. Profile position control scheme shows best control performance among the proposed control schemes.

Performance Analysis of a Five-leg Inverter for the Train Propulsion System (철도차량 추진시스템을 위한 FLI(Five-leg Inverter)의 성능 분석)

  • Lim, Young-Seol;Shin, Duck-Ho;Lee, June-Seok;Lee, Kyo-Beum
    • Journal of the Korean Society for Railway
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    • v.20 no.1
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    • pp.43-54
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    • 2017
  • This paper analyzes the performance of two three-leg inverters and a five-leg inverter and proposes the optimal operation conditions in applying the five-leg inverter for the train propulsion system. The five-leg inverter offers a saving of two switches compared with the standard two three-leg inverters and it is possible to control two three-phase motors independently by using a control board. All of these features lead to a potential reduction in capital cost and miniaturization of system. In this paper, first, the analysis of the existing motor control method and PWM method for two-traction motor drive of urban railway is implemented. Next, the operation principle and performance of five-leg inverter is introduced. Through the analysis, when it applies the same motor control method and the same PWM method for three-leg inverter and five-leg inverter, the characteristic of motor's speed and torque is compared.

Optimal Design Of Batch-Storage Network with Financial Transactions and Cash Flows (현금흐름을 포함하는 회분식 공정-저장조 망구조의 최적설계)

  • ;Lee, Euy-Soo;Lee, In-Beom;Yi, Gyeong-Beom
    • Journal of Institute of Control, Robotics and Systems
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    • v.11 no.11
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    • pp.956-962
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    • 2005
  • This paper presents an integrated analysis of production and financing decisions. We assume that a cash storage unit is installed to manage the cash flows related with production activities such as raw material procurement, process operating setup, Inventory holding cost and finished product sales. Temporarily financial investments are allowed for more profit. The production plant is modeled by the Batch-Storage Network with Recycle Streams in Yi and Reklaitis (2003). The objective function of the optimization is minimizing the opportunity costs of annualized capital investment and cash/material inventory while maximizing stockholder's benefit. No depletion of all the material and cash storage units is major constraints of the optimization. A novel production and inventory analysis formulation, the PSW(Periodic Square Wave) model, provides useful expressions for the upper/lower bounds and average level of the cash and material inventory holdups. The expressions for the Kuhn-Tucker conditions of the optimization problem can be reduced to two subproblems and analytical lot sizing equations under a mild assumption about the cash flow pattern of stockholder's dividend. The first subproblem is a separable concave minimization network flow problem whose solution yields the average material flow rates through the networks. The second subproblem determines the decisions about financial Investment. Finally, production and financial transaction lot sizes and startup times can be determined by analytical expressions as far as the average flow rates are calculated. The optimal production lot and storage sizes considering financial factors are smaller than those without such consideration. An illustrative example is presented to demonstrate the results obtainable using this approach.

A Study on the Method to Evaluate Minimum Capacity of Energy Storage System(ESS) for Micro Grid(MG) Design (확률론적 방법론을 이용한 마이크로그리드(MG)의 에너지 저장장치(ESS) 최소 필요용량 및 투자시점 결정방법)

  • Lee, Jae-Gul;Shin, Jeong-Hoon;Nam, Su-Chul;Baek, Sung-Muk
    • Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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    • v.24 no.8
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    • pp.40-47
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    • 2010
  • In this paper, we propose a probability method to determine minimum capacity of energy storage system(ESS) for Micro Grid(MG). Because of high capital cost of ESS, it's very important to determine optimal capacity of ESS and for stable operation of MG and we should determine minimum capacity of ESS. The proposed method has abilities to consider forced outage rate of generators and intermittent of non-dispatchable generators and minimum capacity make MG keep energy balancing by oneself.

From Charity to Solidarity, Sympathy to Empathy: The Case of Yellow Envelope Campaign (자선에서 연대로, 동정에서 공감으로: 노란봉투 캠페인의 사례연구)

  • Ahn, Hyomi;Nahm, Keebom
    • Journal of the Economic Geographical Society of Korea
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    • v.22 no.2
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    • pp.141-159
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    • 2019
  • Giving behavior promotes social solidarity and lessens social deprivations by voluntary practices to make better communities. Despite the increasing trend of giving in terms of participation and amount in Korean society, the giving culture has deeply rooted in charitable emotion based on compassion, still far from social solidarity. This paper attempts to identify giving behavior by investigating its characteristics and changes in its motives from the compassion-based social welfare to social responsibility and community solidarity, centering around 'Yellow envelope campaign' started in 2014 to support the living expenses and cost of litigation for the fired workers of Ssangyong Motors. By employing questionnaire survey and in-depth interview, it analyzes the horizontal relationships, reciprocal responsibility, social capital, and pursuit for conflict solution. Even though the campaign didn't change our society as a whole, but it cast the social questions on the birth of social empathy and solidarity.