• Proceedings of the Korea Society for Simulation Conference
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• 1998.03a
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• pp.61-64
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• 1998

도로의 건설을 위해서는 통상 타당성조사, 기본계획, 기본설계 및 시공의 여러 가지 단계를 밟는다. 이들 각 단계를 거치면서 일반적으로 투자비 추정액은 실제 공사비와 더욱 근접하게 되게 되나, 타당성조사 등 계획단계에서의 추정액은 실제 공사비와 상당한 차이를 보이는 것이 일반적이다. 이러한 차이는 계획물량의 추정이나, 단가의 추정 등에서도 발생할 수도 있고, 구체적인 지질조사 등이 없는 상태에서 가정한 지질조건이나 공사조건 등에 대한 불확실성으로 인해 발생한다. 현재의 일반적인 관행은 이러한 투자비 추정단계에 작용하는 불확실성을 명시적으로 고려하여 투자비 추정치의 확률적인 분포를 산정하지 않고, 하나의 확정적인 추정치만 제시하고 있어 제시된 추정치의 신뢰도를 확인하기가 곤란하다. 본 연구에서는 현재의 관행과는 달리 투자비추정에서 관여하는 불확실성을 확률분포를 사용하여 명시적으로 고려하여 추정된 투자비에 대한 확률분포를 명시적으로 파악하려는 노력을 하였다. 추정된 투자비에 대한 확률분포는 Mont Carlo 시뮬레이션 방법을 이용하여 분석하였으며, 연구의 결과와 현재 각 계획단계에서 일반적으로 용인되는 추정오차와의 관계도 분석하였다. 결과에 근거하여 도로사업에 대한 투자비 추정을 효율적으로 할 수 있는 방법을 제시하였으며, 추가적인 연구방향도 제시하였다.

• Journal of Korea Port Economic Association
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• v.26 no.3
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• pp.42-55
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• 2010

This paper primarily deals with a decision-making for determining the number of voyages in each ship size under a specific port structure in order to minimize the total transport cost consisting of transport cost at sea, queuing cost in port, and inventory cost in yard. As a result of computer simulation using queuing model characterized by inter-arrival time distribution, we were able to find out some combination of voyage numbers of 3 ship-size(50,000-ton, 100,000-ton, and 200,000-ton), where the total transport cost can be minimized under a specific port structure. The simulation model also allows us to figure out any trade-off relationship among sea transport cost, queuing cost in port, and inventory cost in yard. Put it differently, an attempt to reduce the sea transport cost by increasing the number of voyages of the largest ship size, the transport cost incurred in both port and yard is hypothesized to be increased and vice versa. Consequently, Port managers are required to adjust the number of annual number of voyages allocated in each ship size, put into the sea lines for importing raw materials, in order to optimize the transport costs incurred under the specific port system. We may consider a net present value(NPV) model for performing an economic feasibility analysis on port investment project. If a total discounted net benefit, including cost savings, exceeds the initial investment for an additional berth construction, then we accept the port investment project. Otherwise, we reject the proposed port investment plan.

• The Journal of the Korea Contents Association
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• v.12 no.2
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• pp.472-482
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• 2012

There are many investors in the stock market, and more and more people get interested in the stock investment. In order to avoid risks and make profit in the stock investment, we have to determine several aspects using various information. That is, we have to select profitable stocks and determine appropriate buying/selling prices and holding period. This paper proposes a data mining tool for the investors' decision support. The data mining tool makes stock investors apply machine learning techniques and generate stock price prediction model. Also it helps determine buying/selling prices and holding period. It supports individual investor's own decision making using past data. Using the proposed tool, users can manage stock data, generate their own stock price prediction models, and establish trading policy via investment simulation. Users can select technical indicators which they think affect future stock price. Then they can generate stock price prediction models using the indicators and test the models. They also perform investment simulation using proper models to find appropriate trading policy consisting of buying/selling prices and holding period. Using the proposed data mining tool, stock investors can expect more profit with the help of stock price prediction model and trading policy validated on past data, instead of with an emotional decision.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.17 no.11
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• pp.340-347
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• 2016

Since the 1970s, manufacturing has been one of the key driving forces that has led to Korea's economic growth. However, this growth rate has been reduced significantly since the 2000s, and shows that revenues and employment are steadily decreasing. In addition, while manufacturing investment in Korea has dropped sharply, the United States, Germany, Japan, and other major countries have increased investment in manufacturing. These countries have promoted manufacturing innovation strategies that include the convergence of information and communications technologies (ICT) and manufacturing. For manufacturing innovation, it is important for time and cost savings required for product development to be achieved by changes in the production process, especially product design. Modeling and simulation (M&S) is a process that replaces physical product design, mockup making, and testing, with virtual product creation (modeling) and engineering analysis (simulation). In this paper, we analyze the economic ripple effect of supercomputing M&S using an input-output model technique based on the input-output tables published by the Bank of Korea. When we set the M&S budget (about US$16 million for the last 10 years) of the Korea Institute of Science and Technology Information (KISTI) as input coefficients, the effect on production inducement, value-added inducement, and employment inducement was analyzed to be US$24 million, US$13.4 million, and 267, respectively.

• Journal of Korean Institute of Industrial Engineers
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• v.41 no.2
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• pp.173-184
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• 2015

The application of radio frequency identification (RFID) sensor-tags in cold chain systems has recently received a great deal of attention. To design cold chain systems with RFID sensor-tags that minimize the initial investment and operational cost while fulfilling the functional and operational requirements, simulation study is one of the preferable and effective approaches. To simulate the possible design configurations, the individual components in a cold chain system can be extracted and implemented as a DEVS (Discrete Event System Specification) model. Based on the proposed DEVS model, a new cold chain simulation model can be efficiently created by simply connecting each DEVS model around the RFID sensor-tag of interest in sequence according to the structure of the cold chain system, and then executed (or simulated) on Java programming environments by the DEVSJAVA simulator. As a result of simulation, some key performance indexes such as reliability, accuracy or timeliness can be calculated and used to choose better components or to compare different system configurations of cold chain systems.

• Journal of Drive and Control
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• v.16 no.3
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• pp.67-74
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• 2019

The automotive market has recently been investing much time and costs in improving existing technologies such as ABS (Anti-lock Braking System) and TCS (Traction Control System) and developing new technologies. Additionally, various methods have been applied and developed to reduce this. Among them, the development method using the simulation has been mainly used and developed. In this paper, we have studied a method to develop SILS (Software In the Loop Simulation) for TCS which can test various environment variables under the same conditions. We modeled hardware (vehicle engine and ABS module) and software (control logic) of TCS using MATLAB/Simulink and Carsim. Simulation was performed on the climate, road surface, driving course, etc. to verify the TCS logic. By using SILS to develop TCS control logic and controller, it is possible to verify before production and reduce the development period, manpower and investment costs.

• Proceedings of the KIEE Conference
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• 1991.07a
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• pp.422-425
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• 1991

This paper presents the effect of the voltage proximity index for the voltage collpase in power systems. The reactive generation limits are considered for the determination of the voltage proximity index. This paper also shows how the VAR investment ranking order works by the sensitivity index(proximity index). Simulation has carried out with the IEEE 14 bus system and has shown the voltage proximity index working well.

• Proceedings of the Korean Society of Precision Engineering Conference
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• 1991.11a
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• pp.235-241
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• 1991

The FMS(flexible Manufacturing System) was introduced to the part manufacturing industry more than twenty years ago. Considering the vast capital investment and today's competitive environment, it is very important to effectively manage and control the FMS including the day to day disturbances while meeting customer requirements.(omitted)

• Proceedings of the KIEE Conference
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• 1987.07b
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• pp.889-893
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• 1987

This paper suggests a model for the economic evaluation and the selection of alternatives using teletraffic. Economic evaluation is analyzed by the comparison of revenue loss which happens without trunk extension and additional revenue which results from trunk extension. Simulation technique is used as a methodology to apply economic evaluation to telephone system. The study results will provide a support in a optimal decision about investment strategies.

• IE interfaces
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• v.16 no.2
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• pp.211-221
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• 2003

This paper introduces a simulation study regarding the design for the installation of Color Rescheduling Storage (CRS) in an automobile factory. In the painting shop the colors of vehicles are changed frequently according to the assembly schedule. When the color of a vehicle is changed from one to another, the cleaning process of painting-gun is necessary and it generates costs. Therefore many of the automobile manufacturers equip the CRS in front of the Top Coat Booth of the painting shop. The major objective of CRS is to reduce the change over cost in the painting process by grouping vehicles having same color. In this paper the configuration of CRS and the input/output algorithms are explained. The suggested system is verified using simulation models and experiments are conducted. Finally the best alternative is suggested by sensitivity analysis and evaluation of investment feasibility.