• Title/Summary/Keyword: cost savings

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A Development Of The Window-Based Load Management System Package In A Competitive Electricity Market (경쟁적 전력시장의 윈도우 기반 부하관리 시스템 패키지 개발)

  • Chung, Koo-Hyung;Kim, Jin-Ho;Kim, Bal-Ho
    • Proceedings of the KIEE Conference
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    • 2002.07a
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    • pp.441-443
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    • 2002
  • This paper presents a window-based load management system (LMS) package developed as a decision-making tool in the competitive electricity market. The presented LMS package can help the users to monitor system load patterns, analyze their past energy consumption and schedule the future energy consumption. The LMS package can also provide the effective information on real-time energy/cost monitoring, consumed energy/cost analysis, demand schedule and cost-savings. The developed LMS package can be used to establish the optimal demand schedule and consumption strategy.

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A Simulation Based Vehicle Distribution Planning System

  • 양병희;이영해
    • Journal of the military operations research society of Korea
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    • v.22 no.2
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    • pp.182-199
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    • 1996
  • Many vehicle routing methods have been suggested, which minimize the routing distances of vehicles to reduce the total transportation cost. But the more considerations the method takes, the higher complexites are involved in a large number of practical situations. The purpose of this paper is to develop a vehicle distribution planning system using heuristic algorithms and simulation techniques for home electronics companies. The vehicle distribution planning system developed by this study involve so complicated and stochastic conditions such as one depot, multiple nodes(demand points), multiple vehicle types, multiple order items, and other many restrictions for operating vehicles. The proposed system is compared with the nearest neighbor method and the savings method in terms of total logistics cost and driving time. This heuristic algorithm and simulation based distribution planning system is efficient in computational complexity, and give improved solutions with respect to the cost as well as the time. This method constructs a route with a minimum number of vehicles for a given demand.

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A Study on the finish work applicability of Color Chip input Inorganic Floor-covering (칼라칩(Color Chip)을 혼입한 무기질 바닥재의 바닥 마감공법 적용성에 관한 연구)

  • Park, Ho-Geun;Hong, Seong-Wook;Doh, Sun-Boong;Kim, Sang-Won;Choe, Min-Kwon
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2012.05a
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    • pp.209-210
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    • 2012
  • In this study, the following conclusions are drawn. First, the Inorganic terazzo tile flooring and LCC (Life Cycle Cost) analysis showed that the sum of the total cost of 150,304 won Inorganic flooring, terrazzo tile flooring minerals won 186,202 to 35,898 won, compared to 8.22% analysis of the cost savings that have been appearing. Second, if the color chip has a unique and elegant sentence patterns, beautiful and high-strength bonding and that the crack resistance was investigated.

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Development of a New Load Management System Package for Optimal Electricity Consumption Strategy in a Competitive Electricity Market (경쟁적 전력시장에서의 최적 부하소비전략 수립을 위한 새로운 부하관리시스템 패키지 개발)

  • 정구형;이찬주;김진호;김발호;박종배
    • The Transactions of the Korean Institute of Electrical Engineers A
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    • v.53 no.3
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    • pp.187-197
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    • 2004
  • This paper presents a window-based load management system (LMS) developed as a decision-making tool in the competitive electricity market The developed LMS can help the users to monitor system load patterns, analyze their past energy consumption and schedule for the future energy consumption. The LMS can also provide the effective information on real-time energy/cost monitoring, consumed energy/cost analysis, demand schedule and cost-savings. Therefore. this LMS can be used to plan the optimal demand schedule and consumption strategy.

A Study on the Application of an Integrated Management Software for a Petrochemical Plant Project (화공플랜트 프로젝트에서 통합관리 소프트웨어 적용에 관한 연구)

  • Kim, Yoon;Lee, Dong-Eon;Yoo, Ho-seon
    • Plant Journal
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    • v.6 no.2
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    • pp.56-61
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    • 2010
  • In this paper, an integrated management software is developed to promote the business competitive power. The interoperability among the software accounts for an ever growing performance of petrochemical plant project. If the interoperability is built up, company has taken advantages of quality, schedule, cost, and safety by active communication. The advantage of an integrated management software is examined in three aspects. In efficiency aspect, It takes advantage of the saving about the various information and the standard of project performance procedure. In quality, the integration gave aid to a quality improvement through team collaboration and data management within project life cycle. In cost, poor communications between systems waste 30% of project costs. If information could be inputted once and used by all, reductions in delivery time up to 40% were possible. Therefore, 10% savings of engineering cost was also possible.

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Total Cost of Ownership Perspective Asset Investment Efficiency Analysis (총 소유 비용 관점의 자산 투자 효율성 분석)

  • Kim, Chang-Ho;Jang, Dai-Hyun;Rhee, Yang-Won
    • Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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    • 2013.10a
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    • pp.261-262
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    • 2013
  • In this paper, we subject to MA area to identifying improve the performance of equipment and prices down. When we replace the equipment, the cost savings available area, servers, storage, the As-is vs To-be of software compared to the cost. Thus, based decision-making is utilized.

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A Benefit-Cost Analysis on the DSM Programs (DSM 프로그램의 비용효과 분석)

  • 오영진;김발호;박종배
    • The Transactions of the Korean Institute of Electrical Engineers A
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    • v.52 no.9
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    • pp.535-541
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    • 2003
  • Demand Side Management (DSM) activities have been designed to encourage customers to modify their patterns of electricity consumption including the timing and level of electricity demand. The role of DSM has been more and more important in the point of social energy utilization on the limited resources. The objectives of DSM are generally related to load reductions and generation cost savings. This paper presents an approach to B/C analysis to evaluate the impact of DSM programs especially on the strategic conservation and the load management programs. The proposed approach embedding the existing B/C analyses is applicable to the new electricity market. Case studies show the B/C ratio and the avoided cost due to the impact of DSM programs.

The Feasibility Study of Offshore Outsourcing in Korea SI Industry: Comparison between India and China case (한국 SI 산업의 Offshore 아웃소싱 가능성 검토: 인도/중국 사례 비교)

  • Yoo, Jin-Ho;Kwon, Yong-Min;Yi, Yoon-Sung
    • Journal of Information Technology Services
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    • v.4 no.2
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    • pp.135-144
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    • 2005
  • The plenty of successful cases of Multi-national companies has been realized benefits of offshore outsourcing in particular "cost savings" from offshore IT outsourcing services, such as call center, software development, IT support and maintenance etc. A few Korean companies recently started to make the feasibility study of offshore IT outsourcing to catch up with the global trend. The objective of this study is to present the feasibility of offshore IT outsourcing of Korean companies through the analysis of pilot projects results between Indian and Chinese companies. The analysis include key elementsof cost, productivity, quality, practical issues as well as Gartner's framework, "AD Sourcing Cost Model", composed of 7 model factors. The findings of this study are not limited to understand offshore IT outsourcing but also provide useful guidelines covering wide range from the theoretical framework of selecting suitable offshore partner.

A COST-BENEFIT ANALYSIS OF INTEGRATING ERP SYSTEMS WITH PROJECT MANAGEMENT SYSTEMS IN CONSTRUCTION

  • BooYoung Chung;Miroslaw J. Skibniewski
    • International conference on construction engineering and project management
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    • 2005.10a
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    • pp.575-586
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    • 2005
  • This paper presents an approach to quantifying the costs and benefits of integrating ERP systems with project management systems, including potential time and cost savings. To properly identify the costs and the benefits, the paper shows the relevant construction information flows and the desired milestones in the integration process. The proposed benefit analysis model should allow construction firms considering the integration of their ERP systems with legacy systems or commercial project management software make informed decisions in regard to the existing alternatives in the early stages of decision making.

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Optimization of Hip Flexion/Extension Torque of Exoskeleton During Human Gait Using Human Musculoskeletal Simulation (인체 근골격 시뮬레이션을 활용한 인체 보행 시 외골격의 고관절 굴곡/신장 토크 최적화)

  • Hyeseon Kang;Jinhyun Kim
    • The Journal of Korea Robotics Society
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    • v.18 no.1
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    • pp.117-121
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    • 2023
  • Research on walking assistance exoskeletons that provide optimized torque to individuals has been conducted steadily, and these studies aim to help users feel stable when walking and get help that suits their intentions. Because exoskeleton auxiliary efficiency evaluation is based on metabolic cost savings, experiments on real people are needed to evaluate continuously evolving control algorithms. However, experiments with real people always require risks and high costs. Therefore, in this study, we intend to actively utilize human musculoskeletal simulation. First, to improve the accuracy of musculoskeletal models, we propose a body segment mass distribution algorithm using body composition analysis data that reflects body characteristics. Secondly, the efficiency of most exoskeleton torque control algorithms is evaluated as the reduction rate of Metabolic Cost. In this study, we assume that the torque minimizing the Metabolic Cost is the optimal torque and propose a method for obtaining the torque.