The iron loss of an iron core excited by an inverter power supply is reduced. A modulation operation-setting device 1430 for the inverter power supply controls a maximum value Hmax and a minimum value Hmin of a field intensity H in at least one minor loop such that the loss (iron loss, copper loss, and switching loss) of the entire system is less than the loss of the entire system when an electric device is operated with a target waveform (excluding harmonics).