• Journal of Korean Society of Industrial and Systems Engineering
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• v.45 no.4
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• pp.21-30
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• 2022

To mitigate the environmental impacts of the energy sector, the government of South Korea has made a continuous effort to facilitate the development and commercialization of renewable energy. As a result, the efficiency of renewable energy plants is not a consideration in the potential site selection process. To contribute to the overall sustainability of this increasingly important sector, this study utilizes the Black-Scholes model to evaluate the economic value of potential sites for off-site wind farms, while analyzing the environmental mitigation of these potential sites in terms of carbon emission reduction. In order to incorporate the importance of flexibility and uncertainty factors in the evaluation process, this study has developed a site evaluation model focused on system dynamics and real option approaches that compares the expected revenue and expected cost during the life cycle of off-site wind farm sites. Using sensitivity analysis, this study further investigates two uncertainty factors (namely, investment cost and wind energy production) on the economic value and carbon emission reduction of potential wind farm locations.

• Journal of Korea Port Economic Association
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• v.24 no.1
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• pp.85-102
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• 2008

The purpose of this study is to analyze the effects of Logistic Information System on performance by efficiency of internal operation and organizational innovation. The results of this study as follows : The characteristic variable evaluation model that extended from the performance(user's value, perceived usefulness) of Logistic Information System were verified meaningfully. In this study, the efficiency of internal operation and organizational innovation were very important factor, to analyze the effects of Logistic Information System on performance. This study expect that Logistic Information System will achieve their Logistic Information System competitiveness through continuous quality measurement and improvement to increase the performance.

• International Journal of Naval Architecture and Ocean Engineering
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• v.13 no.1
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• pp.306-320
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• 2021

To ensure safe port operations around the world, it is important to solve mooring problems. In particular, the many ports that face open seas have difficulties with long-period waves. As a countermeasure, the installation of a breakwater is proposed for mooring safety. However, this often cannot be put into practice because of financial issues. Instead, port terminals control berthing schedules with weather forecasting. However, mooring problems remain unsolved, because of inaccurate wave forecasting. To quantify the current situation, numerical simulations are presented with ship motions, fender deflections, and rope tensions. In addition, novel simulations for mooring ropes are proposed considering tension, friction, bending fatigue, and temperature. With this novel simulation, the optimal mooring method in terms of safety and economic efficiency was confirmed. In terms of safety, the optimal mooring method is verified to minimize dangerous mooring situations. Moreover, the optimal mooring method shows economic benefits and efficiency. It can help to reinforce the safety of port terminals and improve the efficiency of port operations.

• Korean Journal of Construction Engineering and Management
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• v.9 no.3
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• pp.185-193
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• 2008

In order to improve work efficiency in high-rise apartment building construction, it is required to establish the major criteria and practical method for selecting the construction lifts. It is necessary to analyze work efficiency and economic feasibility depending on speed, size and capacity of lifting equipment and characteristics of construction projects. The purpose of this research is to develop the fundamental process and information for selecting the lift in order to plan and manage the material lifting and laborers' vertical transporting in the high-rise apartment building projects more effectively. In order to satisfy the objective of the research, work performance of the lifting machines with different speed and carrying capacity is analyzed under the practical constraints. In addition, potential economic evaluation is conducted. One of the significant findings of the research is that the mid-speed lift shows 43% improvement in work efficiency compared with the low-speed lift. The results of the research will be used as the basis for developing the further optimal lifting management system.

• Industrial Engineering and Management Systems
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• v.6 no.1
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• pp.11-21
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• 2007

The PDCA (Plan, Do, Check and Act) cycle is often used in the field of quality management. Recently, business environments have become more competitive, and the due time of products has shortened. In a short production run process, to increase efficiency of management, the necessity for distinguishing the PDCA design that starts with PLAN and the CAPD design that starts with CHECK has been clarified. Starting from Duncan (1956), there have been a number of papers dealing with the economic design of control charts from the viewpoint of production run. Some authors (Gibra, 1971; Ladany and Bedi, 1976; etc.) have studied the economic design for finite-length runs; other authors (Crowder, 1992; Del Castillo and Montgomery, 1996; etc.) have studied the economic design for short runs. However, neither the PDCA nor the CAPD design of control charts has been considered. In this paper, both the PDCA and CAPD designs of the $\bar{\x}$ chart are defined based on Del Castillo and Montgomery's design (1996), and their mathematical formulations are shown. Then from an economic viewpoint, the optimal values of the sample size per each sampling, control limits width, and the sampling interval of the two designs are studied. Finally, by numerically analyzing the relations between the key parameters and the total expected cost per unit time, the comparisons between the two designs are considered in detail.

• Proceedings of the KIEE Conference
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• 2009.07a
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• pp.1136_1138
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• 2009

This paper gives a basic Energy performance data of micro gas turbine and Renewable Energy(BIPV and Solar Collector System) installed in Hospital Building. The efficiency of solar collector and BIPV system was 30%, 10% individually, and lower than micro gas turbines. Micro gas turbines are small gas turbines that burn gaseous and liquid fuels to produce a high-energy exhaust gas and to generate the electrical power. Recently the size range for micro gas turbines is form 30 to 500kW and power-only generation or in combined heat and power(CHP) systems. If micro gas turbine was operated only for electric energy, the efficiency was about 30%, but for combined heat and power, the efficiency was about 90%. Finally, installed in large hospital, Micro gas turbine system was operated to CHP mode, was high-efficiency system than Solar collector and BIPV system.

• The Transactions of the Korean Institute of Electrical Engineers P
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• v.55 no.4
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• pp.155-160
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• 2006

In this paper, deduced suitable optimization to request output condition after taking closely characteristic data of single phase induction motor(SIM) which is the possibility becoming economic is coming to be demanded. Motor proper move connection data took advantage of result of existing data and iron loss and copper loss, mechanical loss took advantage of statistical data, and decide motor move laking advantage of saving data and secondary resistance and optimum purpose of method that is proposed through single phase induction motor and comparison performance evaluation having on the same output parameter. That decide material factor, electric power damage ratio, and coefficient of utilization for optimum function by method that search request output and optimum values of efficiency case by case and decided is proper that is saved after take magnetizing reactance relationship. This research result which it sees against a material expense with use coefficient of utilization which is included in loss expense decides the same plan variable back the place efficiency is useful and will be applied.

• Proceedings of the Korean Institute of IIIuminating and Electrical Installation Engineers Conference
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• 2009.05a
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• pp.439-444
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• 2009

This paper gives a basic Energy performance data of micro gas turbine and Renewable Energy(BIPV and Solar Collector System) installed in Hospital Building. The efficiency of. solar collector and BIPV system was 30%, 10% individually, and lower than micro gas turbines. Micro gas turbines are small gas turbines that bum gaseous and liquid fuels to produce a high-energy exhaust gas and to generate the electrical power. Recently the size range for micro gas turbines is form 30 to 500kW and power-only generation or in combined heat and power(CHP) systems. If micro gas turbine was operated only for electric energy, the efficiency was about 30%, but for combined heat and power, the efficiency was about 90%. Finally, installed in large hospital, Micro gas turbine system was operated to CHP mode, was high-efficiency system than Solar collector and BIPV system.

• Journal of the Korean Society of Industry Convergence
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• v.25 no.6_3
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• pp.1183-1190
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• 2022

Recently, the Ministry of Strategy and Finance announced a plan to reduce the proportion of economic evaluation in non-metropolitan areas and strengthen balanced development evaluation through the reorganization of the preliminary feasibility study system. In addition, the social value of the quality of life, such as job, environment, and safety, which may be affected by the implementation of transportation facility investment projects, was reflected as the main item of policy evaluation. In this study, the ripple effect of the project in terms of social value was reviewed for the Gangil-Chuncheon. The effect of highway opening was investigated by reviewing the feasibility report, post-evaluation report, and statistical indicators. Recently, the Gangil-Chuncheon highway is getting used by around 110,000 people per day. The number of tourists in Chuncheon rapidly has increased from 5 million a year to more than 11 million now. In addition, it was confirmed to produce effects such as population migration, net inflow and land price increase, improvement of living convenience, and expansion of emergency medical care. Although this ripple effect was influenced by various socio-economic factors as well as the opening of the highway, it is clear that it is difficult to occur without the opening of the highway. It is judged that the evaluation of indirect benefits and social values due to the opening of the highway can be quantified through continuous research and data construction. Post-evaluation of construction works, including project efficiency evaluation and ripple effect evaluation, is performed for construction works with a construction cost of more than 50 billion won. In the future, we will continuously improve the evaluation system in order to evaluate the indirect benefits and social values of public investment projects.

• Journal of Ocean Engineering and Technology
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• v.16 no.6
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• pp.76-81
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• 2002

The purpose of this study is to set up the optimum economical formation of the purse seiner fishing system. For this task, the characteristics of existing purse-seiner fishing system were reviewed, and the possible formations of the fleet in tile purse-seiner fishing system were examined through the reallocation of function for each individual vessel. In addition, economic evaluations of the possible formations of the fleet are carried out. Consequently, it was found that 2-vessel formations have the most economic efficiency. Then, a conceptual system design for the main vessel in the 2-vessel formations was performed. As a result, this paper can be used as a helpful guideline to develop the most profitable and economical fishing system in the fleet type fishery.