• Journal of the Korean Mathematical Society
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• v.44 no.1
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• pp.139-150
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• 2007

We investigate an optimal portfolio selection problem with transaction costs when an illiquid asset pays cash dividends and there are constraints on the illiquid asset holding. We provide closed form solutions for the problem, and by using these solutions we illustrate interesting features of optimal policies.

• Proceedings of the Korean Institute of Building Construction Conference
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• 2015.05a
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• pp.198-199
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• 2015

Construction equipment is a major energy consumption source in construction projects. If 10% reduction of the diesel fuel usage is achieved in the construction industry, it may reduce 5% of the total energy usage. Energy saving operation is a major issue in equipment-intensive operations (e.g., earthmoving or paving operations). Identifying optimal equipment fleet is important measure to achieve low-energy consumption in those operations. This study presents a system which finds an optimal equipment fleet by computing the low-energy performance of earthmoving operations. It establishes construction operation model and compares numerous combinations using alternative equipment allocation plans. It implements sensitivity analysis that facilitates searching the lowest energy consumption equipment fleet by enumerating all cases.

• IEIE Transactions on Smart Processing and Computing
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• v.1 no.2
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• pp.117-124
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• 2012

A client collaboration (CC) system is proposed for a user relay system. The proposed scheme focuses on the management of transmit power and leakage interference. In the proposed CC system, edge users transmit signals to the masters considered as user relays. The masters relay the signals of the edge users to the base station using the resource blocks (RBs) that are assigned to the edge users. The leakage interference and power consumption were analyzed in the CC system. In addition, an optimal master location problem was formulated based on the signal-to-leakage-plus-noise ratio (SLNR). Because the optimal master location problem is quite complex, a sub-optimal master location problem was proposed and a closed-form sub-optimal master location was obtained. The edge users generate smaller leakage interference and power consumption in the proposed CC system compared to the system without the CC. The numerical results showed that the edge users generate smaller leakage interference and power consumption in the proposed CC system compared to the system without the CC, and the average throughput increases.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.14 no.9
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• pp.4610-4615
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• 2013

In this study, optimal operation strategies to save the electric energy and power price in the building central cooling system is researched by experiments. The optimal strategies of demand response control and outdoor temperature reset control algorithms are applied by consideration the electric energy and power price according to the energy consumption characteristics. The suggested optimal control method shows better responses in the power price and energy consumption in comparison with the conventional one and saves energy consumption by 9.5% and electronic price by 15.7%, respectively.

• Proceedings of the KIEE Conference
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• 2003.07a
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• pp.602-605
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• 2003

This paper describes the consumer's decision-making process fur own optimal electricity consumption schedule and strategy using new load management system (LMS). As a result, it is demonstrated that a consumer in competitive electricity market has the opportunities to reduce electric payment by use of this LMS.

• The Transactions of the Korean Institute of Electrical Engineers
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• v.43 no.2
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• pp.197-205
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• 1994

Security of a power system refers to its robustness relative to a set of imminent disturbances (contingencies) during operation. The socially optimal solution for the actuall level of generation/consumption has been well-known spot pricing at shot-run marginal cost. The main disadvantage of this approach arises because serious contingencies occur quite infrequently. Thus by establishing contractual obligations for contingency offering before an actual operation time through decision feedback we can obtain socially optimal level of system security. Under probabilistic precontract pricing the operating point is established at equal incremental cost of the expected short-run and collapse cost of each participant. Rates for power generation/consumption and for an offer to use during a contingency, as well as information on the probability distribution of contingency need for each participant, are derived so that individual optimization will lead to the socially optimal solution in which system security is optimized and the aggregate benefit is maxmized.

• Journal of Biomedical Engineering Research
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• v.18 no.1
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• pp.51-64
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• 1997

A dynamic model of the Korean total artificial heart(TAH) which contains a brushless DC motor, all of mechanical components, the pump system with integrated variable volume space(WS) and the circulatory system model including the bronchial circulation were established Two different sets of seven differential equations were separately derived for the left and right systolic period of the Korean TAH operation. Throughout the computer simulation, a full-state fEedback optimal controller that minimizes the power consumption of the Korean TAH and drives the end stage velocity of the energy converter to zero was developed based upon the optimal control theory. Robustness of the controller were also analyzed with the dynamic model of the Korean TAH.

• Journal of the Korea Institute of Information and Communication Engineering
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• v.25 no.4
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• pp.603-610
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• 2021

In this paper, we extract the user's power consumption patterns, and model the optimal consumption patterns by applying the user's environment and emotion. Based on the comparative analysis of these two patterns, we present an efficient power consumption method through changes in the user's power consumption behavior. To extract significant consumption patterns, vector standardization and binary data transformation methods are used, and learning about the ensemble's ensemble with k-means clustering is applied, and applying the support factor according to the value of k. The optimal power consumption pattern model is generated by applying forced and emotion-based control based on the learning results for ensemble aggregates with relatively low average consumption. Through experiments, we validate that it can be applied to a variety of windows through the number or size adjustment of clusters to enable forced and emotion-based control according to the user's intentions by identifying the correlation between the number of clusters and the consistency ratios.

• Transactions of the Korean Society of Automotive Engineers
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• v.20 no.6
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• pp.46-51
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• 2012

Fuel Cell Hybrid Vehicles (FCHVs) have become a major topic of interest in the automotive industry owing to recent energy supply and environmental problems. Several types of power management strategies have been developed to improve the fuel economy of FCHVs including optimal control strategy based on optimal control theory, rule-based strategy, and equivalent consumption minimization strategy (ECMS). The ECMS is applied in this study. This strategy is based on the heuristic concept that the usage of the electric energy can be exchanged to equivalent fuel consumption. This strategy is known as one of the promising solutions for real-time control of hybrid vehicles. The ECMS for an FCHV is introduced in this paper as well as the equivalent fuel consumption parameter. The relationship between the battery final state of charge (SOC) and the fuel consumption while changing the equivalent fuel consumption parameter is obtained for three different driving cycles. The function of the equivalent fuel consumption parameter is also discussed.

• Journal of Astronomy and Space Sciences
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• v.32 no.4
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• pp.379-386
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• 2015

This work presents fuel-optimal altitude maintenance of Low-Earth-Orbit (LEO) spacecrafts experiencing non-negligible air drag and J2 perturbation. A pseudospectral (direct) method is first applied to roughly estimate an optimal fuel consumption strategy, which is employed as an initial guess to precisely determine itself. Based on the physical specifications of KOrea Multi-Purpose SATellite-2 (KOMPSAT-2), a Korean artificial satellite, numerical simulations show that a satellite ascends with full thrust at the early stage of the maneuver period and then descends with null thrust. While the thrust profile is presumably bang-off, it is difficult to precisely determine the switching time by using a pseudospectral method only. This is expected, since the optimal switching epoch does not coincide with one of the collocation points prescribed by the pseudospectral method, in general. As an attempt to precisely determine the switching time and the associated optimal thrust history, a shooting (indirect) method is then employed with the initial guess being obtained through the pseudospectral method. This hybrid process allows the determination of the optimal fuel consumption for LEO spacecrafts and their thrust profiles efficiently and precisely.