• Title/Summary/Keyword: long-term cost

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A Study on the Construction of the Flexible Long-Term Generation Mix under Uncertainties of Power System (전력계통(電力系統)의 불확실성(不確實性)을 포함한 유연(柔軟)한 장기전원구성(長期電源構成)의 수립에 관한 연구(硏究))

  • Song, Kil-Yeong;NamGung, Jae-Young;Choi, Jae-Seok
    • Proceedings of the KIEE Conference
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    • 1993.07a
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    • pp.159-162
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    • 1993
  • A new approach using fuzzy dynamic programming is proposed for the flexible long-term generation mix under uncertain circumstances. A characteristic feature of the presented approach is that not only fuzziness in fuel and construction cost. load growth and reliability but also many constraints of generation mix can easily be taken into account by using fuzzy dynamic programming. The method can accommodate arbitrary shape of membership function as well as the operation of pump-generator. And so more realistic solution can be obtained. The effectiveness of the proposed approach is demonstrated by the best generation mix problem of KEPCO-system which contains nuclear, coal, LNG, oil and pump-generator hydro plant in multi-years.

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The state of the art on bridge monitoring system in Korea (국내 교량 계측시스템 현황 파악 및 문제점 분석)

  • Park, Ki-Tae;Lee, Woo-Sang;Joo, Bong-Chul;Hwang, Yoon-Koog
    • 한국방재학회:학술대회논문집
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    • 2008.02a
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    • pp.465-468
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    • 2008
  • The long term bridge monitoring system in Korea was installed in 1995 at first, and many bridges has been maintained by long term monitoring system. Recently, reliability of data and cost effectiveness has been increased by advanced sensor technology, measuring equipment. However, considering several reference and data on bridge monitoring systems in Korea, various problems of bridge monitoring systems can be found. Therefore, in this study, the state of the art on bridge monitoring systems in Korea were investigated and various problems and solutions for these problems were suggested.

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A Study on the Development of Simulation Model for Inchon Port (인천내항을 위한 시뮬레이션 모델 개발)

  • 김동희;김봉선;이창호
    • Journal of the Korea Safety Management & Science
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    • v.2 no.2
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    • pp.127-137
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    • 2000
  • Inchon Port is the second largest import-export port of Korea, and has the point at issue such as the excessive logistics cost because of the limits of handling capacity and the chronic demurrage. The purpose of this paper is to develop the simulation program as a long-term strategic support tool, considering the dual dock system and the TOC(Terminal Operation Company) system executed since March, 1997 in Inchon Port. The basic input parameters such as arrival intervals, cargo tons, service rates are analyzed and the probability density functions for these parameters are estimated. From the simulation model, it is possible to estimate the demurrage status through analyzing various scenarios and to establish the long-term port strategic plan.

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A Study on Probabilistic Optimal Reliability Criterion Determination in Transmission System Expansion Planning (송전계통확충계획을 위한 확률론적 최적신뢰도 기준설정에 관한 연구)

  • Tran, TrungTinh;Kwon, Jung-Ji;Choi, Jae-Seok
    • Proceedings of the KIEE Conference
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    • 2005.07a
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    • pp.748-750
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    • 2005
  • This paper approaches a methodology for deciding the optimal reliability criteria for an optimal composite power system expansion planning considering generation and transmission systems simultaneously. A probabilisticreliability criterion, $LOLE_R$(Loss of Load Expectation), is used in this study. The optimalreliability criterion $LOLE_R*$ is decided at minimum cost point of total cost curve which is the sum of the utility cost associated with construction cost and the customer outage cost associated with supply interruptions for load considering forced outage rates of elements(generators and lines) in long term forecasting. The characteristicsand effectiveness of this methodology are illustrated by the case study using MRBTS size system.

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A Study of the Maintenance information DB document Template for the Life Cycle Cost Calculation of the Railroad vehicle (철도차량 수명주기비용 계산을 위한 유지보수정보 DB 템플릿에 관한 연구)

  • Kim, Jae-Hoon;Shim, Yeo-Wool;Park, Jun-Seo;Jun, Hyun-Kyu;Kim, Jong-Woon
    • Proceedings of the KSR Conference
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    • 2008.06a
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    • pp.1097-1104
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    • 2008
  • Life cycle costing is one of the most effective approaches for the cost analysis of long-term life products, like as railroad vehicle. Life cycle costing includes the cost of concept design, development, manufacture, operating, maintenance and disposal. Especially, life cycle costing in the railroad industry has been focused on the maintenance cost. In this paper, we investigated the standard, guide and maintenance information of railroad vehicle. For this purpose, we suggested the unique templates of railroad vehicle maintenance information. We also performed maintenance cost analysis on the some sub-system of railroad vehicle for the case study.

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A Study on the Time Series Analysis of Defect Maintenance Cost in Apartment House according to the Actual Use Data (실적자료에 의한 공동주택 하자보수비용의 시계열적 분석)

  • Song, Dong-Hyun;Lee, Sang-Beom
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2011.05a
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    • pp.177-178
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    • 2011
  • Recently a great deal of people are taking legal action against the housing provider due to the defects of their Apartment house. And most of the housing companies are spending a huge amount of expenses and efforts to keep their brand value. This essay will carry out time series analysis the 20 housing district which are constructed by huge construction companies. This analysis itemised by metropolitan area(Seoul) and others to keep the degree of reliability, and converted future defect maintenance cost into current cost applied by discount rate to figure out suitability of defect maintenance cost. Even though, this essay is not able to represent standard of defect maintenance cost due to the insufficiency of record, while it will be assisted as a referance when long-term record of time series is estabilished.

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Dynamic deflection monitoring method for long-span cable-stayed bridge based on bi-directional long short-term memory neural network

  • Yi-Fan Li;Wen-Yu He;Wei-Xin Ren;Gang Liu;Hai-Peng Sun
    • Smart Structures and Systems
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    • v.32 no.5
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    • pp.297-308
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    • 2023
  • Dynamic deflection is important for evaluating the performance of a long-span cable-stayed bridge, and its continuous measurement is still cumbersome. This study proposes a dynamic deflection monitoring method for cable-stayed bridge based on Bi-directional Long Short-term Memory (BiLSTM) neural network taking advantages of the characteristics of spatial variation of cable acceleration response (CAR) and main girder deflection response (MGDR). Firstly, the relationship between the spatial and temporal variation of the CAR and the MGDR is described based on the geometric deformation of the bridge. Then a data-driven relational model based on BiLSTM neural network is established using CAR and MGDR data, and it is further used to monitor the MGDR via measuring the CAR. Finally, numerical simulations and field test are conducted to verify the proposed method. The root mean squared error (RMSE) of the numerical simulations are less than 4 while the RMSE of the field test is 1.5782, which indicate that it provides a cost-effective and convenient method for real-time deflection monitoring of cable-stayed bridges.

Can Properly Raised Debts Help Increase the Profits of Industrial Enterprises?

  • Zhang, Cheng;Song, Li-Yuan
    • Journal of Information Processing Systems
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    • v.15 no.4
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    • pp.920-930
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    • 2019
  • To figure out the impact of debt financing on the profits of industrial enterprises, it starts with calculating the first differences against the logarithms of the cost profit ratios and the debt asset ratios of Chinese industrial enterprises during 179 months from 2002 to 2016; next, it runs the cointegration test and afterwards the regression test to analyze the obtained first differences, and still next uses the Simulink software to get the regularity of those changes. It finds out that there is not only a long-term stable relationship between the enterprises' profits and debts, but also a steady time series trend within a short term. The profit rate positively correlates to the debt asset ratio, and profit for the current term positively correlates to the profit for the previous term. It indicates that properly raised debts can help increase the profit rate of the industrial enterprises, and a higher previous profit level can help improve the current profit level.

A Study on Re-calculation of Recycling Standard Cost through the Analysis on Standard Cost (표준원가 분석을 통한 재활용 기준비용 재산정에 관한 연구)

  • Lee, Hee-Nahm;Choi, Yoon-Jeong
    • Journal of the Korea Safety Management & Science
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    • v.13 no.1
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    • pp.189-193
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    • 2011
  • The current standard cost for recycling applied under the Extended Producer Responsibility(EPR) institution, is not coping with continuously increased number of obligatory subject items as well as a variety of variable cost changing factors regarding the recycling treatment cost caused by price fluctuation such as increased material and labor cost entirely across the society; changes in recycling treatment process following the developing technologies; and changes in the required work forces and equipments followed by the trends of automated facilities. Despite such various cost fluctuation factors, the current EPR is not coping with the trends, making the re-calculation process difficult, which causes differences between the real treatment cost for recycling. In this study, the analysis was made on main factors affecting on the related cost and the related price changing index was calculated, by conducting the influence evaluation on the standard cost factors of the current standard cost for recycling. Through theses results, more objective standard will be set for the re-calculation of standard cost for recycling to greatly contribute to setting up the midterm and long-term strategies in the future towards efficient institution.

A Study of an effective centralization of medical supply system. In Y University Medical Center (Y의료원의 물류 공급체계 중앙화 관리에 대한 연구)

  • Kwon, Soon-Chang;Kim, Young-Soo
    • Korea Journal of Hospital Management
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    • v.4 no.1
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    • pp.1-20
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    • 1999
  • Since the late 1980s, there have been radical changes in the managerial environment of Y University Medical Center(YUMC). Externally, the competition among hospitals has intensified due to the establishment of universal health insurance in 1939 and the entrance of large enterprises into the health care industry in the early 1990s. In addition, government regulation of medical institution is becoming stricter. Also, consumer groups have continued to demand the respect for patient rights and improvement of the quality of medical services. Internally, the financial condition of YUMC has worsened, not only because weak control and poor mediation in its large-scale structure have made its operation inefficient, but also because the rates of increase in the prices of goods and labor have grown faster than any increases in revenues. This study on materials management at YUMC presents a way for YUMC to reduce costs and increase its productivity, thereby overcoming its financial difficulties and dealing with external pressures. This study utilized the case studies of the materials purchasing and medical supply management in the United States and the comparative analysis of management to suggest short-term and long-term alternatives for innovation in YUMC. The goals of the short-term alternatives for innovation are to centralize the purchasing and supply departments and to simplify the decision-making processes. Through these attempts, it is estimated that YUMC's costs could be reduced by $600,000 per year. In the long-term, it is necessary to consider introducing a Supply Processing Distribution(SPD) system and setting up a centralized electronic system for supply and inventory management, although it is difficult to estimate the effect of cost-cutting because of the lack of analysis data. Thus, YUMC should thoroughly analyze initial investment costs and economical efficiency generated from long-term alternatives.

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