• Title/Summary/Keyword: Economic Design

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A Study on analysis of Economic design cases in interior design (실내디자인에 있어 경제적 디자인 사례에 관한 연구)

  • 김현정;김문덕
    • Proceedings of the Korean Institute of Interior Design Conference
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    • 2002.04a
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    • pp.39-43
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    • 2002
  • IMF situation in Korean society in 1997 gave huge shock to all areas, such as politics, economy, and society which were covered by bubble economy. It has passed 4 years since IMF but it is continued to increase of consumer price index and depression of the society. Receiving an order in interior design become more and more tense competition domestically as well as internationally, due to the open of WTO. In order to achieve economic design of low cost-high design which pursues the power of competition in cost and quality, this study investigated specific methods for economic design and suggested the directions for economic design in interior design field. To suggest the directions of future interior design for economic design with the analysis of domestic and international cases for economic design. the following results are showed: According to the analysis of the cases, economic design is accomplished with the use of the materials. Interior designers should consider how they can use materials for economic design. Especially, use of cheap materials gives the reduction of the cost and the effects of differentiation of the spaces more. Therefore, experimentalism and knowledge of materials are needed and they should be more weighted as the method for achieving economic design,

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An Economic Statistical Design of the EWMA Control Charts with Variable Sampling Interval (VSI EWMA 관리도의 경제적 통계적 설계)

  • 송서일;박현규;정혜진
    • Journal of Korean Society for Quality Management
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    • v.32 no.1
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    • pp.92-101
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    • 2004
  • Tris paper present an economic statistical design which have statistically constraints for the optimal design of an EWMA control charts with variable sampling interval. Cost function use that proposed by Lorenzen and Vance, and the optimal design parameters include the sample size, control limit width, sampling interval, EWMA weight value. Comparisons between VSI EWMA control charts optimal economic design and optimal economic statistical designs show the following fact. Although have demerits which are more costly than economic design, have merits which to detect shifts more efficiently and to improve statistical performance.

An Economic-Statistical Design of Moving Average Control Charts

  • Yu, Fong-Jung;Chin, Hsiang;Huang, Hsiao Wei
    • International Journal of Quality Innovation
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    • v.7 no.3
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    • pp.107-115
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    • 2006
  • Control charts are important tools of statistical quality control. In 1956, Duncan first proposed the economic design of $\bar{x}-control$ charts to control normal process means and insure that the economic design control chart actually has a lower cost, compared with a Shewhart control chart. An moving average (MA) control chart is more effective than a Shewhart control chart in detecting small process shifts and is considered by some to be simpler to implement than the CUSUM. An economic design of MA control chart has also been proposed in 2005. The weaknesses to only the economic design are poor statistics because it dose not consider type I or type II errors and average time to signal when selecting design parameters for control chart. This paper provides a construction of an economic-statistical model to determine the optimal parameters of an MA control chart to improve economic design. A numerical example is employed to demonstrate the model's working and its sensitivity analysis is also provided.

A Study on the Basic-Design of Inside-Sea Fishing Vessel by Economic Optimization Technique (경제성 최적화 기법에 의한 연근해 어선설계에 관한 연구)

  • 박제웅
    • Journal of the Korean Society of Fisheries and Ocean Technology
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    • v.31 no.3
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    • pp.287-295
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    • 1995
  • fishing boat is a specialized vessel which is intended to perform certain well defined tasks. Its size, deck-layout, carrying capacity and equipment are all related to its function in carrying out its planned operations. Therefore the process of fishing boat design is inherently combined with optimization of the design variables called the economic optimization criteria. Optimization then is a process in which minimum value of weight or cost is established through evaluation of consecutive designs in which one or more design parameters are varied. This paper is to study the basic-design of Stow-net fishing vessel in the Mok-Po region. The main task is developed the preliminary design model of engineering economic system in order to use optimization techniques from operation research the design problem needs to be expressed in terms of objective function and numerous constrains like : speed, fish hold capacity, fishing range, displacement and weight, ratio of main dimensions, etc. The objective function represents the criterion which is NPV such as the ratio of revene/cost. When using computers of limited capacity like P/C, the developed basic-design model of the economic optimization procedure must be simplified to V, Cb, L/B, Dv, Db and less than 15 constraint equations. The main conclusions of this study have attempted to show that economic considerations are essential in Stow-net fishing vessel basic design and operations, and that techno-economic evaluation is an important tool for the design of Stow-net fishing vessel in 69ton and 79ton.

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A Study of the PDCA and CAPD Economic Designs of the $\bar{x}$ Control Chart

  • Sun, Jing;Tsubaki, Michiko;Matsui, Masayuki
    • Industrial Engineering and Management Systems
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    • v.6 no.1
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    • pp.11-21
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    • 2007
  • The PDCA (Plan, Do, Check and Act) cycle is often used in the field of quality management. Recently, business environments have become more competitive, and the due time of products has shortened. In a short production run process, to increase efficiency of management, the necessity for distinguishing the PDCA design that starts with PLAN and the CAPD design that starts with CHECK has been clarified. Starting from Duncan (1956), there have been a number of papers dealing with the economic design of control charts from the viewpoint of production run. Some authors (Gibra, 1971; Ladany and Bedi, 1976; etc.) have studied the economic design for finite-length runs; other authors (Crowder, 1992; Del Castillo and Montgomery, 1996; etc.) have studied the economic design for short runs. However, neither the PDCA nor the CAPD design of control charts has been considered. In this paper, both the PDCA and CAPD designs of the $\bar{\x}$ chart are defined based on Del Castillo and Montgomery's design (1996), and their mathematical formulations are shown. Then from an economic viewpoint, the optimal values of the sample size per each sampling, control limits width, and the sampling interval of the two designs are studied. Finally, by numerically analyzing the relations between the key parameters and the total expected cost per unit time, the comparisons between the two designs are considered in detail.

Economic Design of a Moving Average Control Chart with Multiple Assignable Causes when Two Failures Occur

  • Cben, Yun-Shiow;Yu, Fong-Jung
    • International Journal of Quality Innovation
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    • v.2 no.1
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    • pp.69-86
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    • 2001
  • The economic design of control charts has been researched for over four decades since Duncan proposed the concept in 1956. Few studies, however, have focused attention on the economic design of a moving average (MA) control chart. An MA control chart is more effective than the Shewhart chart in detecting small process shifts [9]. This paper provides an economic model for determining the optimal parameters of an MA control chart with multiple assignable causes and two failures in the production process. These parameters consist of the sample size, the spread of the control limit and the sampling interval. A numerical example is shown and the sensitivity analysis shows that the magnitude of shift, rate of occurrence of assignable causes and increasing cost when the process is out of control have a more significant effect on the loss cost, meaning that one should more carefully estimate these values when conducting an economic analysis.

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An Economic Evaluation and Sensitivity Analysis of Remote MicroGrid According to Design Objectives (설계목표에 따른 독립형 마이크로그리드 경제성 평가 및 민감도 분석)

  • Weon, Jong-Nam;Chae, Woo-Kyu;Lee, Hak-Ju;Sim, Jun-Bo;Shin, Chang-Hoon
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.66 no.6
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    • pp.892-897
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    • 2017
  • Until now, it has been for choosing most economic result to be generally used for designing remote MicroGrid (MG) system. It is able to make economic benefit by reducing operation cost, but proportion of renewable energy will be minimum. In other words, it is difficult to get an effect by renewable energy because economic feasibility is an only consideration. Therefore, various factors should be considered and design objectives should be are diversified to design proper remote MG system. In this paper, remote MG system is classified into two types according to design objectives, and they are analysed through case study based on economic evaluation. In addition, economic feasibility for each type is analysed through sensitivity analysis according to various factors that affect the design results of the system.

Economic Design of $\bar{X}$-Control Charts with Warning Limits under Weibull Failure Model (와이블 고장모형 하에서 경고한계를 고려한 $\bar{X}$ 관리도의 경제적 설계)

  • Jeong, Dong-Wook;Lee, Joo-Ho
    • Journal of Korean Society for Quality Management
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    • v.40 no.2
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    • pp.186-198
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    • 2012
  • Since Duncan(1956) first proposed an economic design of $\bar{X}$-control charts, most of the succeeding works on economic design of control charts assumed the exponential failure model like Duncan. Hu(1984), however, assumed a more versatile Weibull failure model to develop an economic design of $\bar{X}$-control charts and Banerjee and Rahim(1988) further improved Hu's design by changing the assumption of fixed-length sampling intervals to variable-length ones. In this article we follow the approach of Banerjee and Rahim(1988) but include a pair of warning limits inside the control limits in order to search for a failure without stopping the process when the sample mean falls between warning and control limits. The computational results indicate that the proposed model gives a lower cost than Banerjee and Rahim's model unless the early failure probability of a Weibull distribution is relatively large. The reduction in cost is shown to become larger as the cost of production loss outweighs the cost of searches for a failure.

The Prati Fashion Style In the Modem Fashion - Focused on the 2010 Fashion Collection -

  • Kim, Yun-Hee;Lee, Eun-Young
    • International Journal of Costume and Fashion
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    • v.11 no.1
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    • pp.53-61
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    • 2011
  • This study examines the prati fashion style. prati fashion refers to a practical fashion, the most sought-after trend and newest fashion concept. This trend emerged as a response to the trio of minimalism, the recent economic downturn and the modern life style, and has led to powerful fashion lines and items. Therefore, this study is to understand and analyze the prati fashion style, with its focus on the 2010 modern fashion collection that embodied functional, economic, and minimal styles. First, the functional style realized by new materials provides comfort and allows multi-style changes. Second, the minimal style adds detailed changes to minimal silhouettes. Finally the economic style means easy to wear and easy to match items at affordable prices. The analyses stated above found that the prati fashion brought about a new paradigm to society, and influenced social, cultural and economic aspects of our daily life. It also helped find solutions to economic problems of this era. Drawing global attention, the prati fashion has functional, design and economic values, and thereby influences the shift of market paradigm.