We study a refrigerator model which consists of two n-level systems
interacting via a pulsed external field. Each system couples to its own thermal
bath at temperatures Th and Tc, respectively (θ≡Tc/Th<1).
The refrigerator functions in two steps: thermally isolated interaction between
the systems driven by the external field and isothermal relaxation back to
equilibrium. There is a complementarity between the power of heat transfer from
the cold bath and the efficiency: the latter nullifies when the former is
maximized and {\it vice versa}. A reasonable compromise is achieved by
optimizing the product of the heat-power and efficiency over the Hamiltonian of
the two system. The efficiency is then found to be bounded from below by
ζCA=1−θ1−1 (an analogue of the Curzon-Ahlborn
efficiency), besides being bound from above by the Carnot efficiency
ζC=1−θ1−1. The lower bound is reached in the
equilibrium limit θ→1. The Carnot bound is reached (for a finite
power and a finite amount of heat transferred per cycle) for lnn≫1. If
the above maximization is constrained by assuming homogeneous energy spectra
for both systems, the efficiency is bounded from above by ζCA and
converges to it for n≫1.Comment: 12 pages, 3 figure