In this paper, we investigated the method of compensation for optical pulse shape distortion due to both chromatic dispersion and SPM(self phase modulation) in a single mode fiber We selected MSSI(mid-span spectral inversion) as compensation method using OPC(optical phase conjugator). We used EOP(eye-opening penalty) parameter in order to evaluate the efficiency of waveform distortion compensation. In this paper, we induced optimum pump power level in optical phase conjugator through analytic method of computer simulation. And we investigated input signal power range being able to maintain stable reception performance under the condition of optimum pump power. We verified the possibility of high performance optical transmission system realization through the inducement and application of optimum pump power, input signal power and in-line amplifier spacing, because power control is important in the compensation for optical pulse distortion.