• Title/Summary/Keyword: hybrid cost function

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Economic Efficiency of the Korean Container Terminals: A Stochastic Cost Frontier Approach

  • Seokwoo Jake Choi;Gi-Su Kim;BoKyung Kim
    • Journal of Korea Trade
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    • v.26 no.3
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    • pp.23-44
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    • 2022
  • Purpose - Recent issues such as vessel enlargement, strengthening of environmental regulations, and port smartization are expected to increase costs and intensify competition in the port industry. In the new normal era, when external growth has reached its limit, the efficient operation of ports is becoming indispensable for achieving sustainable growth. This study aims to identify the determinants of inefficiency by examining the cost structure and efficiency of container terminals in Korea and furthermore propose the political implications to derive the maximization of efficiency. Design/methodology - This study estimates the cost function of container terminal operators and identifies the efficiency of container terminals using stochastic cost frontier (SCF) in the first stage. In the second step, the SCF results are compared with the data envelopment analysis (DEA). Last, this paper proposes efficiency determinants on container terminal operation to establish appropriate strategies. Out of the 29 container terminal operators in South Korea, 13 operators participated in the survey. The translog cost function was estimated utilizing a total of 116 observations collected over the 2007-2017 period. Findings - Empirical analysis shows that economies of scale exist in Korea's container ports, which provides a rationale for the government's policy to establish the global terminal operator by integrating small terminal operators to enhance competitiveness. In addition, as a result of the determinants analysis, container throughput, weight of direct employment costs, and labour cost share have positive effects on improving cost efficiency, while inefficiency increases as the length of quay increases. More specifically, cost efficiency improves as the proportion of direct employment costs to outsourcing service costs increases. Originality/value - This study contributes to analyzing the inefficiency factors of container terminals through efficiency analysis with respect to a cost function. In addition, this study proposes the practical and political implications, such as establishing a long-term manpower pool, the application of the hybrid liner terminal system, and the construction of a statistical data system, to improve the cost inefficiency of terminal operators.

Mixed LMSF Blind Multiuser Detector for DS-CDMA Systems (DS-CDMA 시스템을 위한 혼합 LMSF 블라인드 다중 사용자 검출)

  • Park, Sung-Wook;Park, Jong-Wook
    • 전자공학회논문지 IE
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    • v.43 no.2
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    • pp.75-79
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    • 2006
  • Blind techniques without the help of training sequences are able to detect the information signal which has the minimal information of desired user. In this paper, we proposed the blind multiuser detector using the hybrid cost function to cancel the multiple user interference in direct sequence code division multiple access systems. The cost function of proposed blind multiuser detector is the hybrid type which joints both least mean square(LMS) algorithm and least mean fourth(LMF) algorithm. We evaluate the bit error rate(BER) performance of proposed blind multiuser detector under additive white Gaussian noise channel. Simulation results show that the proposed blind detector has an about 3dB of signal to noise ratio more than blind minimum output energy(MOE) multiuser detector under existing active user 20.

Photovoltaic Hybrid Systems Reliability and Availability

  • Zahran, Mohamed B.A.
    • Journal of Power Electronics
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    • v.3 no.3
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    • pp.145-150
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    • 2003
  • Reliability, availability, and cost have been the major concerns for photovoltaic hybrid systems since their beginning as primary sources for much critical applications like communication units and repeaters. This paper descnbes the performance of two hybrid systems, photovoltaic-battery, wind-turbine coupled with the public-grid (PVBWG) hybrid system and photovoltaic-battery, wind-turbine coupled With the diesel generator (PVBWD) hybrid system The systems are sized to power a typical 300W/48V de telecommunication load continuously throughout the year Such hybrid systems consist of subsystems, which in turn consist of components Failure of anyone of these components may cause failure of the entire system. The reliability and availability basics, and estimation procedure for the two proposals are introduced also in this paper. The PVBWG and PVBWD system configurations are shown with the relevant mean-time-between-faIlure (MTBF) and failure rate (${\lambda}$) of each component. The characteristics equations of the two systems are deduced as a function of operating hours and the percentage of sun and wind availabilities per day. The system probability failure as well as the reliability is estimated based on the fault tree analysis technique. The results show that, by using standard or normal components MTBF, the PVBWG is more reliable and the time of periodic maintenance period is more than one year especially in the rich sites of both sun and wind, but PVBWD competes else Also, in the first five years from the system installation, the system is quit reliable and may not require any maintenance. The results show also, as the sun and wind are available, as the system reliable and available.

Study on the Smart Charging for Plug-in Hybrid Electric Vehicle (플러그인 하이브리드 전기자동차의 스마트 충전에 관한 연구)

  • Roh, Chul-Woo;Kim, Min-Soo
    • 한국신재생에너지학회:학술대회논문집
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    • 2008.10a
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    • pp.349-352
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    • 2008
  • The most concerning issue in these days is the energy crisis by increasing threat of global warming and depletion of natural resources. In the situations, the Plug-in Hybrid Electric Vehicle (PHEV) is drawing attention from many countries for the next generation's car which has higher fuel efficiency and lower environmental impact. This paper presents simulation results about the limit capacity of central power-grid which doesn't have enough surplus electric power for charging PHEVs. Therefore, this paper also presents a smart charging system that can charge the PHEVs with a function of distributing demands of charging. The smart charging system is an agent facility between the government and consumer, which can recommend the best time to charge the battery of PHEVs by the lowest energy cost. This function of choosing time-slots is the technical system for the government which wants to control the consumption rate of electric power for PHEVs. Finally, this paper presents the economic feasibility of PHEVs from the two kinds of price system, midnight electric price and home electric price.

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Climate Change Policy Analysis Considering Bottom-up Electricity Generation System (발전부문 하이브리드 모형을 사용한 기후변화 정책효과 분석)

  • Oh, Inha;Oh, Sang-Bong
    • Environmental and Resource Economics Review
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    • v.22 no.4
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    • pp.691-726
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    • 2013
  • We develop a hybrid model which allows the change in electricity generation mix by adding the electricity-sector components of bottom-up model to the conventional CGE model. The electricity sector is represented as a sum of separate generation technologies, each of which has the form of DRTS (Decreasing Returns to Scale) production function, unlike the conventional CGE model. We compare the effects of the 30% emission reduction target using the hybrid model with those using the conventional CGE model. The cost of meeting the target is lower with the hybrid model than the conventional CGE. It is consistent with previous studies in that adding the bottom-up components to the top-down model reduces the cost of emission reduction. In an extra analysis we find that an additional regulation like RPS (Renewable Portfolio Standard) increases the cost.

Characterization of a Hybrid Cu Paste as an Isotropic Conductive Adhesive

  • Eom, Yong-Sung;Choi, Kwang-Seong;Moon, Seok-Hwan;Park, Jun-Hee;Lee, Jong-Hyun;Moon, Jong-Tae
    • ETRI Journal
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    • v.33 no.6
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    • pp.864-870
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    • 2011
  • As an isotropic conductive adhesive, that is, a hybrid Cu paste composed of Cu powder, solder powder, and a fluxing resin system, has been quantitatively characterized. The mechanism of an electrical connection based on a novel concept of electrical conduction is experimentally characterized using an analysis of a differential scanning calorimeter and scanning electron microscope energy-dispersive X-ray spectroscopy. The oxide on the metal surface is sufficiently removed with an increase in temperature, and intermetallic compounds between the Cu and melted solder are simultaneously generated, leading to an electrical connection. The reliability of the hybrid Cu paste is experimentally identified and compared with existing Ag paste. As an example of a practical application, the hybrid Cu paste is used for LED packaging, and its electrical and thermal performances are compared with the commercialized Ag paste. In the present research, it is proved that, except the optical function, the electrical and thermal performances are similar to pre-existing Ag paste. The hybrid Cu paste could be used as an isotropic conductive adhesive due to its low production cost.

Hybrid Energy Storage System with Emergency Power Function of Standardization Technology (비상전원 기능을 갖는 하이브리드 에너지저장시스템 표준화 기술)

  • Hong, Kyungjin
    • The Journal of the Institute of Internet, Broadcasting and Communication
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    • v.19 no.2
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    • pp.187-192
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    • 2019
  • Hybrid power storage system with emergency power function for demand management and power outage minimizes the investment cost in the building of buildings and factories requiring emergency power generation facilities, We propose a new business model by developing technology that can secure economical efficiency by reducing power cost at all times. Normally, system power is supplied to load through STS (Static Transfer Switch), and PCS is connected to system in parallel to perform demand management. In order to efficiently operate the electric power through demand forecasting, the EMS issues a charge / discharge command to the ESS as a PMS (Power Management System), and the PMS transmits the command to the PCS controller to operate the system. During the power outage, the STS is rapidly disengaged from the system, and the PCS becomes an independent power supply and can supply constant voltage / constant frequency power to the load side. Therefore, it is possible to secure reliability through verification of actual system linkage and independent operation performance of hybrid ESS, By enabling low-carbon green growth technology to operate in conjunction with an efficient grid, it is possible to improve irregular power quality and contribute to peak load by generating renewable energy through ESS linkage. In addition, the ESS is replacing the frequency follow-up reserve, which is currently under the charge of coal-fired power generation, and thus it is anticipated that the operation cost of the LNG generator with high fuel cost can be reduced.

CO2 emissions optimization of reinforced concrete ribbed slab by hybrid metaheuristic optimization algorithm (IDEACO)

  • Shima Bijari;Mojtaba Sheikhi Azqandi
    • Advances in Computational Design
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    • v.8 no.4
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    • pp.295-307
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    • 2023
  • This paper presents an optimization of the reinforced concrete ribbed slab in terms of minimum CO2 emissions and an economic justification of the final optimal design. The design variables are six geometry variables including the slab thickness, the ribs spacing, the rib width at the lower and toper end, the depth of the rib and the bar diameter of the reinforcement, and the seventh variable defines the concrete strength. The objective function is considered to be the minimum amount of carbon dioxide gas (CO2) emission and at the same time, the optimal design is economical. Seven significant design constraints of American Concrete Institute's Standard were considered. A robust metaheuristic optimization method called improved dolphin echolocation and ant colony optimization (IDEACO) has been used to obtain the best possible answer. At optimal design, the three most important sources of CO2 emissions include concrete, steel reinforcement, and formwork that the contribution of them are 63.72, 32.17, and 4.11 percent respectively. Formwork, concrete, steel reinforcement, and CO2 are the four most important sources of cost with contributions of 67.56, 19.49, 12.44, and 0.51 percent respectively. Results obtained by IDEACO show that cost and CO2 emissions are closely related, so the presented method is a practical solution that was able to reduce the cost and CO2 emissions simultaneously.

Novel Five-Level Three-Phase Hybrid-Clamped Converter with Reduced Components

  • Chen, Bin;Yao, Wenxi;Lu, Zhengyu
    • Journal of Power Electronics
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    • v.14 no.6
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    • pp.1119-1129
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    • 2014
  • This study proposes a novel five-level three-phase hybrid-clamped converter composed of only six switches and one flying capacitor (FC) per phase. The capacitor-voltage-drift phenomenon of the converter under the classical sinusoidal pulse width modulation (SPWM) strategy is comprehensively analyzed. The average current, which flows into the FC, is a function of power factor and modulation index and does not remain at zero. Thus, a specific modulation strategy based on space vector modulation (SVM) is developed to balance the voltage of DC-link and FCs by injecting a common-mode voltage. This strategy applies the five-segment method to synthesize the voltage vector, such that switching losses are reduced while optional vector sequences are increased. The best vector sequence is then selected on the basis of the minimized cost function to suppress the divergence of the capacitor voltage. This study further proposes a startup method that charges the DC-link and FCs without any additional circuits. Simulation and experimental results verify the validity of the proposed converter, modulation strategy, and precharge method.

Model reduction and compensation of FE model for Hybrid modelling (혼합모델링을 위한 유한요소모델의 자유도 축소와 보상)

  • 이창호;이시복;이인갑
    • Proceedings of the Korean Society for Noise and Vibration Engineering Conference
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    • 1998.04a
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    • pp.419-425
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    • 1998
  • This paper presents a method of enhancing the accuracy of hybrid modelling that predicts dynamic characteristics of the coupled structure by synthesizing after FE analysis and vibration experimental analysis of the relevant individual substructure. Since most FE models in engineering problems are very large, dynamic analysis with the full FE model is costly. Frequency response function(FRF) synthesis after reducing the FE model can reduce this computational cost but introduce mode truncation error similarly in the case of considering only low-frequency mode after eigensolutions of the complete structure. This paper introduces a FRF of FE model for hybrid FRF synthesis, which is reduced by using IIRS methods and compensated through eigensolutions of the reduced model, and shows the effectiveness of the presented method.

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