• 제목/요약/키워드: Economic Production Quantity

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Design optimization for analysis of surface integrity and chip morphology in hard turning

  • Dash, Lalatendu;Padhan, Smita;Das, Sudhansu Ranjan
    • Structural Engineering and Mechanics
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    • 제76권5호
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    • pp.561-578
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    • 2020
  • The present work addresses the surface integrity and chip morphology in finish hard turning of AISI D3 steel under nanofluid assisted minimum quantity lubrication (NFMQL) condition. The surface integrity aspects include microhardness, residual stress, white layer formation, machined surface morphology, and surface roughness. This experimental investigation aims to explore the feasibility of low-cost multilayer (TiCN/Al2O3/TiN) coated carbide tool in hard machining applications and to assess the propitious role of minimum quantity lubrication using graphene nanoparticles enriched eco-friendly radiator coolant based nano-cutting fluid for machinability improvement of hardened steel. Combined approach of central composite design (CCD) - analysis of variance (ANOVA), desirability function analysis, and response surface methodology (RSM) have been subsequently employed for experimental investigation, predictive modelling and optimization of surface roughness. With a motivational philosophy of "Go Green-Think Green-Act Green", the work also deals with economic analysis, and sustainability assessment under environmental-friendly NFMQL condition. Results showed that machining with nanofluid-MQL provided an effective cooling-lubrication strategy, safer and cleaner production, environmental friendliness and assisted to improve sustainability.

지수적 변질과정의 재고시스템에 관한 연구 (Stochastic Inventory Model with an Exponential Decay)

  • 김영민
    • 산업경영시스템학회지
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    • 제9권13호
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    • pp.39-43
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    • 1986
  • This thesis aims to find an optimal inventory of probabilistic model with an exponential decay. This system is divided into the production period and non-production period and the behavior of each period is analyzed by birth and death process. The result of this analysis gives how to decide the economic production quantity and the optimal production cycle.

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Analyzing the Business and Environmental Implications of Agricultural Policy Changes in North Korea

  • Chehwan LIM;Seunghwan SHIN
    • Asian Journal of Business Environment
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    • 제14권3호
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    • pp.37-50
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    • 2024
  • The agricultural policy of Kim Jong-un's regime inherits the economic reform policy of the Kim Jong-Il period, which expands the autonomy of production and allows the market to dispose of products. The formation of markets represents an important factor in the business environment, as it indicates the establishment of fundamental conditions for management. However, major crops are still mainly managed by the state, and the government implements agricultural policies, such as emphasizing "Juche Farming." This study analyzed the impact of transition economic policies during the Kim Jong-un period on agricultural production using variability. Production variabilities increased for minor grain crops compared to previous years, but those of major grain (rice and maize) and horticultural crops did not change significantly. Even the production quantity of horticultural crops decreased, which is different from previous predicts that the expansion of the North Korean market would increase the consumption power of North Koreans and promote horticultural crop production. This study underscores the imperative for North Korea to develop policies aimed at stabilizing crop yields in the face of production variability. It proposes the establishment of an agricultural early warning system as a feasible solution to enhance agricultural infrastructure and promote inter-Korean cooperation.

저장조 용량제약이 있는 회분식 공정-저장조 그물망 구조의 최적설계 (Optimal Design of Batch-Storage Network with Finite Intermediate Storage)

  • 김형민;김규년;이경범
    • 제어로봇시스템학회논문지
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    • 제7권10호
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    • pp.867-873
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    • 2001
  • The purpose of this study is to find analytic solution of determining the optimal capacity (lot-size) of multiproduct acyclic multistage production and inventory system to meet the finished product demand under the constraint of finite intermediate storage. Intermediate storage is a practical way to mitigate the material flow imbalance through the line of supply and demand chain. However, the cost of constructing and operating storage facilities is becoming substantial because of increasing land value, environmental and safety concern. Therefore, reasonable decision-making about the capacity of processes and storage units is an important subject for industries. The industrial solution for this subject is to use the classical economic lot sizing method, EOQ/EPQ(Economic Order Quantity/Economic Production Quantity) model, incorporated with practical experience. But EOQ/EPQ model is not suitable for the chemical plant design with highly interlinked processes and storage units because it is developed based on single product and single stage. This study overcomes the limitation of the classical lot sizing method. The superstructure of the plant consists of the network of serially and/or parallelly interlinked non-continuous processes and storage units. The processes transform a set of feedstock materials into another set of products with constant conversion factors. A novel production and inventory analysis method, PSW(Periodic Square Wave) model, is applied to describe the detail material flows among equipments. The objective function of this study is minimizing the total cost composed of setup and inventory holding cost. The advantage of PSW model comes from the fact that the model provides a set of simple analytic solutions in spite of realistic description of the material flows between processes and storage units. the resulting simple analytic solution can greatly enhance the proper and quick investment decision for the preliminary plant design problem confronted with economic situation.

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다품종 소량생산시스템하에서의 로트크기 결정기법에 관한 사례연구 (A study on Lot sizing Technique for Multi-product Small batch production system : A case study)

  • 송수정;김태호;강경식
    • 산업경영시스템학회지
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    • 제17권32호
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    • pp.177-186
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    • 1994
  • Economic Lot size decision is studied on this thesis foe the muti-product small batch production system. Even though economic lot size decision has been studied for the MRP system. this could be applied at the industry under the multi-product small batch production system because of very complicate and manager's lack of understand. Therefore, this technique is applied at the industry in order to minimize ordering cosy based on optimal quantity and period, and holding cost according to optimize inventory level under the muti-product small batch production system. After that, lot size decision technique is compared with lot size decision technique which has been used for analyzing and emphasizing productivity

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지역순환형 농업의 발전모델과 기술 및 경제적 문제점 고찰 (A Model for the Development of Regionally Circular Agriculture, and Consideration of Technological and Economic Problems)

  • 윤성이
    • 한국유기농업학회지
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    • 제11권2호
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    • pp.1-21
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    • 2003
  • Customary agriculture seeks to increase production and supply people with safe foods. Thus. the promotion and establishment of organic agriculture are required to reduce water and soil pollution caused by customary agriculture. Although organic agriculture is an agricultural technology system whose basic principle is organic water circulation in agronomic agriculture and livestock industry. the livestock raising sector has not been developed in Korean organic agriculture: hence the limited development of agronomic agriculture. This study therefore sought to develop a standardized model connected with organic livestock raising and organic agronomic agriculture to secure symmetric and continued development. Specifically, this study reviewed the technological and economic problems related to the development of a naturally circular standard model where organic agronomic agriculture and organic livestock raising are connected. Likewise, a model for calculating the appropriate quantity of fertilizers to be applied and appropriate number of livestock to be bred was proposed as important factors in the development of a regionally circular agriculture model, and an alternative to a system connecting the two factors suggested.

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재공품 재고를 고려한 제조 시스템에서의 재고 관리 모델 연구 (A Study of Inventory Models for Imperfect Manufacturing Setup Considering Work-in-Process Inventory)

  • 미스바 울라;강창욱;쉐리야르 모신 코레시
    • 산업경영시스템학회지
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    • 제37권4호
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    • pp.231-238
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    • 2014
  • Optimum lot size calculation for real world manufacturing environment has been focused since last few decades. Several extensions have been made to the basic economic order and production order quantity models to realize the possible practical situations in industry. However, focus on work-in-process inventory has been ignored relatively. This paper provides a comprehensive review of the models developed for group technology based manufacturing environment focusing on work-in-process inventory. Models have been extended from a perfect manufacturing conditions to an imperfect manufacturing situation considering rework, rejection and inspection. Optimum lot size has been evaluated using a simple algebraic optimization approach. Significant parameters are highlighted using sensitivity analysis for the developed models. Numerical example is used to illustrate the utilization of such models in day-to-day production setups and the impact of significant factors' variation on total cost and optimum lot size.

Economic production quantity with expontial deterioration

  • Hwang, Hark;Kim, Kap-Hwan
    • 한국경영과학회지
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    • 제4권1호
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    • pp.53-58
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    • 1979
  • Production lot sizing problem for a system with exponentially decaying inventory is considered. From the exact cost function developed under conditions of constant demand and no shortages permitted, an approximate optimal solution is derived. The formula is compared with those of the exact solution obtained from numerical procedure and other existing approximate solution. Finally some notable properties of the formula are investigated and shown to be consistent.

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확장 EPQ 모델과 MPS 및 MRP에의 응용 (Extended EPQ Model and Its Applications to MPS and MRP)

  • Kim, Joong In;Kim, Keun Chong
    • 산업경영시스템학회지
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    • 제22권52호
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    • pp.53-68
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    • 1999
  • 지금까지 전통적인 EPQ(Economic Production Quantity) 모델에서는 생산율이 수요율보다 큰 경우만을 다루어 왔으나, 실제 시장에서는 그 반대로 수요율이 생산율보다 큰 경우도 종종 발생한다. 그러나 이러한 상황에 대한 EPQ 연구는 찾아보기 어려운 실정이다. 따라서 본 논문에서는 수요율이 생산율보다 큰 상황을 고려한 확장된 EPQ 모델(Extended EPQ Model)을 유도하고, 이를 생산재고의 유한보충률 상황(Finite Replenishment Rate Environment)에서의 MPS(Master production Schedule)와 MRP(Material Requirements Planning)에 적용하였다.

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PRICE모델을 이용한 KlAl전차의 경제수명 결정에 관한 연구 (A Study for Determining Economic Life of KlAl Tank by Using the PRICE Model)

  • 문태동;강성진
    • 한국국방경영분석학회지
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    • 제28권1호
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    • pp.97-114
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    • 2002
  • An estimation of economic life for a new weapon system is a critical issue in aquisition process. In general a life cycle cost consists of, development cost, aquisition cost, and maintenance cost. These costs are not identified and obtained in the beginning of the aquisition process. This paper deals with an economic life for KlAl tank which is being deployed recently, using PRICE model. In order to estimate an KlAl economic life, we use equivalent annual cost method which is sum of capital recovering with return and equivalent O&M cost method. This method determines an economic life by minimizing annual investment cost and operation and maintenance cost. In this paper, an aquisition cost of KlAl is obtained from PRICE H and O&M cost from PRICE HL model. We obtained various results depending upon production quantity. An economic life for KlAl is estimated 18 years when 300 tanks are produced.