• Title/Summary/Keyword: overall cost method

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A Study on the Method of Measuring the Economic Use Value of Public Libraries (공공도서관 경제적 이용가치 측정방안에 관한 연구)

  • Pyo, Soon-Hee;Jeong, Dong-Youl
    • Journal of the Korean Society for Library and Information Science
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    • v.42 no.2
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    • pp.209-234
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    • 2008
  • According to increasing the benefits from public libraries, there are many studies for measuring the library value. This study presents a methodology for measuring use value of the public library in terms of time value, surplus value of alternative service, value of library service, and overall value of library. The cost-benefit ratio of the time value compared to library's annual budget is 11:1, and the cost-benefit ratio of the overall library value was measured by user's WTP is 0.3:1. This study proposed the method for measuring use value of the public library according to the process, the results of these measurments for each value and the factors affecting the values.

Dynamic Economic Dispatch and Control of a Stand-alone Microgrid in DongAo Island

  • Ma, Yiwei;Yang, Ping;Guo, Hongxia;Wang, Yuewu
    • Journal of Electrical Engineering and Technology
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    • v.10 no.4
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    • pp.1432-1440
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    • 2015
  • A dynamic economic dispatch and control method is proposed to minimize the overall generating cost for a stand-alone microgrid in DongAo Island, which is integrated with wind turbine generator, solar PV, diesel generator, battery storage, the seawater desalination system and the conventional loads. A new dispatching strategy is presented based on the ranking of component generation costs and two different control modes, in which diesel generator and battery storage alternate to act as the master power source to follow system power fluctuation. The optimal models and GA-based optimization process are given to minimize the overall system generating cost subject to the corresponding constraints and the proposed dispatch strategy. The effectiveness of the proposed method is verified in the stand-alone microgrid in DongAo Island, and the results provide a feasible theoretical and technical basis for optimal energy management and operation control of stand-alone microgrid.

STATISTICAL PROCESS CONTROL FOR MULTIPLE DEPENDENT SUBPROCESSES

  • Yang Su-Fen
    • Proceedings of the Korean Society for Quality Management Conference
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    • 1998.11a
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    • pp.217-224
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    • 1998
  • A cost model, controlling multiple dependent subprocesses with minimum cost, is derived by renewal theory approach. The optimal multiple cause-selecting control chart and individual Y control chart are thus constructed to monitor the specific product quality and overall product quality contributed by the multiple dependent subprocesses. They may be used to maintain the process with minimum cost and effectively distinguish which component of the subprocesses is out of control. The optimal design parameters of the proposed control charts can be determined by minimizing the cost model using simple grid search method, An example is given to illustrate the application of the optimal multiple cause-selecting control chart and individual Y control chart.

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Economy analysis of cost required for organic rice cultivation in two cultivation techniques

  • Kwon, Young-Rip;Choi, In-Young;Lee, Yong-Mahn;Choi, Dong-Chil;Kim, Yong-Ki
    • Korean Journal of Organic Agriculture
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    • v.19 no.spc
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    • pp.92-95
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    • 2011
  • The initial investment of rice cultivation by mechanical technique was high. This was only due to the cost of planting machine. We analysed the overall cost (without machine cost) and benefits of the two methods, it manifested that the mechanical method is very much beneficial over traditional rice cultivation technique. We observed that the requirement of soil, irrigation water, number of seeds etc. decreased in mechanical cultivation technique while net income increase by 13.07% with 80% government subsidy. Furthermore, the initial rooting was quicker, growth and development of pot raised seedlings was better than the traditional technique. Hence, this technique can give better return to the farmers with the help of government subsidy.

Reliability-Centered Maintenance Model for Maintenance of Electric Power Distribution System Equipment (배전계통 기기 유지보수를 위한 RCM 모델)

  • Moon, Jong-Fil;Shon, Jin-Geun
    • The Transactions of the Korean Institute of Electrical Engineers P
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    • v.58 no.4
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    • pp.410-415
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    • 2009
  • With the implementation of electric power industry reform, the utilities are looking for effective ways to improve the economic efficiency. One area in particular, the equipment maintenance, is being scrutinized for reducing costs while keeping a reasonable level of the reliability in the overall system. Here the conventional RCM requires the tradeoff between the upfront maintenance costs and the potential costs of losing loads. In this paper we describe the issues related to applying so-called the "Reliability-centered Maintenance" (RCM) method in managing electric power distribution equipment. The RCM method is especially useful as it explicitly incorporates the cost-tradeoff of interest, i.e. the upfront maintenance costs and the potential interruption costs, in determining which equipment to be maintained and how often. In comparison, the "Time-based Maintenance" (TBM) method, the traditional method widely used, only takes the lifetime of equipment into consideration. In this paper, the modified Markov model for maintenance is developed. First, the existing Markov model for maintenance is explained and analyzed about transformer and circuit breaker, so on. Second, developed model is introduced and described. This model has two different points compared with existing model: TVFR and nonlinear customer interruption cost (CIC). That is, normal stage at the middle of bathtub curve has not CFR but the gradual increasing failure rate and the unit cost of CIC is increasing as the interruption time is increasing. The results of case studies represent the optimal maintenance interval to maintain the equipment with minimum costs. A numerical example is presented for illustration purposes.

QUALITY IMPROVEMENT FOR BRAKE JUDDER USING DESIGN FOR SIX SIGMA WITH RESPONSE SURFACE METHOD AND SIGMA BASED ROBUST DESIGN

  • Kim, H.-S.;Kim, C.-B.;Yim, H.-J.
    • International Journal of Automotive Technology
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    • v.4 no.4
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    • pp.193-201
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    • 2003
  • The problem of brake judder is typically caused by defects of quality manufacturing. DFSS (Design for six sigma) is a design process for quality improvement. DFSS will result in more improved but less expensive quality products. This paper presents an implementation of DFSS for quality improvement of the brake judder of heavy-duty trucks. Carrying out 5 steps of DFSS, the major reasons for defects of quality are found. The numerical approximation of the brake system is derived by means of the response surface method. Its quality for brake judder is improved by using the sigma based robust design methodology. Results are compared between the conventional deterministic optimal design and the proposed sigma based robust design. The proposed one shows that manufacturing cost may increase as the quality level increase. The proposed one, however, is more economical in aspect of the overall cost since the probability of failure dramatically goes down.

Feasibility Analysis on Ground-level Stations and Wireless Power Transfer Technology Applications for Monorail System

  • Hwang, Karam;Chung, Jong-Duk;Lee, Kibeom;Tak, Junyoung;Suh, In-Soo
    • International Journal of Railway
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    • v.7 no.3
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    • pp.71-79
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    • 2014
  • Subway systems have been a proved method of public transport and are widely used in major cities around the world. However, the time and cost it takes to construct such systems are very high, as it requires underground tunnels. Cities in various countries have implemented monorail systems as public railway transport as it can be more economical and quicker compared to subway systems in terms of construction. In addition, it provides more convenience towards the public as it is not affected to traffic, and also provides an aerial view of the city. However, the overall construction cost for monorail systems is still significantly high, and as a possible solution to further reduce the overall cost, implementation of ground-level stations and wireless power transfer technology has been proposed in this paper. A concept application layout of ground-level stations and wireless power transfer systems has been discussed, using the Daegu monorail Line 3 system as a simulation base. The expected cost for monorail systems implementing ground-level stations and/or wireless power transfer technology has been estimated based on literature survey, and was compared with the current construction cost of Daegu monorail system. Based on comparison, it has shown that implementation of ground-level stations are the most economical, and can be easily implemented for either starting or expanding the monorail line. Implementation of wireless power transfer technology is also economical, but is more feasible when starting a new monorail line as it requires components which will alter the configuration of the train and infrastructure.

Practical Silicon-Surface-Protection Method using Metal Layer

  • Yi, Kyungsuk;Park, Minsu;Kim, Seungjoo
    • JSTS:Journal of Semiconductor Technology and Science
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    • v.16 no.4
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    • pp.470-480
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    • 2016
  • The reversal of a silicon chip to find out its security structure is common and possible at the present time. Thanks to reversing, it is possible to use a probing attack to obtain useful information such as personal information or a cryptographic key. For this reason, security-related blocks such as DES (Data Encryption Standard), AES (Advanced Encryption Standard), and RSA (Rivest Shamir Adleman) engines should be located in the lower layer of the chip to guard against a probing attack; in this regard, the addition of a silicon-surface-protection layer onto the chip surface is a crucial protective measure. But, for manufacturers, the implementation of an additional silicon layer is burdensome, because the addition of just one layer to a chip significantly increases the overall production cost; furthermore, the chip size is increased due to the bulk of the secure logic part and routing area of the silicon protection layer. To resolve this issue, this paper proposes a practical silicon-surface-protection method using a metal layer that increases the security level of the chip while minimizing its size and cost. The proposed method uses a shift register for the alternation and variation of the metal-layer data, and the inter-connection area is removed to minimize the size and cost of the chip in a more extensive manner than related methods.

Reliability Analysis on the Decision Method of Lateral Flow of Foundation Piles for Abutment (교대 기초말뚝의 측방유동 판정식에 관한 신뢰성 해석)

  • Ahn, Jong-Pil;Kim, Gyu-Deok;Kim, Il-Goo;Choi, Jin-Ho
    • Proceedings of the Korean Geotechical Society Conference
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    • 2008.10a
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    • pp.1090-1097
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    • 2008
  • This study conducted the decision method of lateral flow in abutment structures founded on the soft soils and the reliability analysis on the foundation pile for abutment. On the basis of the results, this study proposed the reliability design model. Reliability analysis was conducted by applying second moment method, point estimation method, and expected total cost minimization to lateral movement index, lateral movement decision index, modified lateral movement decision index, and circular failure safety factor for the decision criteria of lateral flow. The reliability index by analysis method had a similar tendency each other. Point estimation method was found as a practical method in the aspect of convenience because it could conduct the analysis only by mean and standard deviation as well as the partial derivative on random variables was not necessary. Optimum reliability index and optimum safety according to increasing in failure factors and load ratio were analyzed and loads and resistance factors of the design criteria of optimum reliability were estimated. It presented rational design model which can consider construction level and stability and economical efficiency overall.

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The Implementation of Total Quality Management in Controlling the Cost of Manufacturing

  • Seetharaman, A.;Raj, John Rudolph;Seetharaman, Saravanan Arumugam
    • Journal of Distribution Science
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    • v.13 no.8
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    • pp.27-40
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    • 2015
  • Purpose - Total Quality Management (TQM) has received significant attention and interest from a large number of organizations around the world in various industries. These organizations have tried to embody TQM concepts in areas such as engineering and product design, marketing, R&D, procurement, production, personnel, and product inspection. Research design, data, and methodology - This study presents an overview of the fundamentals of TQM and an in depth review of the obstacles to the successful implementation of TQM. Results - In order to control the cost of manufacturing, the tracking of the cost of quality (COQ) allows companies to capture the actual overall cost incurred in producing a unit of product or service. The study explores the reasons why companies track the COQ and ways to address it. Conclusions - Based on the results, COQ is one of the key performance indicators for making more accurate strategic decisions as well as a critical aspect of TQM. The study also presents a few popular quality improvement tools that have been widely used in organizations successfully implementing TQM.