• Title/Summary/Keyword: Economic constraint

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Design of a Life Test Sampling Plan Based on the Cost Model

  • Kwon, Young-Il
    • International Journal of Reliability and Applications
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    • v.6 no.1
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    • pp.31-39
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    • 2005
  • An economic life test sampling plan for products with exponential lifetime distribution is developed. To reduce test time, a test plan with curtailed Type II censoring is considered. A cost model is constructed which involves three cost components; test cost, accept cost, and reject cost. Determination of optimal plan minimizing the expected average cost per lot is discussed with a constraint related to consumer's risk. Some numerical examples are provided.

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Static Model for Simultaneous Decision Making on Inventory and Pricing Polices for Capacity-Constrained Supplier (유한 공급 능력을 보유한 공급자의 재고 및 가격정책 모형)

  • Lee, Kyung-Keun;Kim, Young-Seok
    • Journal of Korean Institute of Industrial Engineers
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    • v.22 no.4
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    • pp.677-687
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    • 1996
  • We study simultaneous decision making model for a monopolistic or competitive supplier to decide inventory and pricing policies under capacity constraint. Economic implications are obtained from the optimality conditions such as production lot sizes, pricing schedules and so on. Sensitivity analysis gives us the optimal relations among the critical economic quantities.

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Path Dependence and Regional Development Paths: The Case of Ansan (경로의존성과 지역발전경로: 안산을 사례로)

  • Jeong, Jun-Ho
    • Journal of the Economic Geographical Society of Korea
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    • v.9 no.3
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    • pp.410-430
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    • 2006
  • In the process of industrial restructuring at the regional and firm's level induced by significant changes in external economic circumstances, geographic and economic inheritances could be exploited as a constraint and/or asset for firms' strategies. Through a theoretical discussion of this argument, an attempt has been to categorize the effects of inherited regional assets on firms' strategies and regional development and to analyze the firms' strategies located at the city of Ansan. Capitalizing upon this empirical findings, some feasible development paths of Ansan in the future have been proposed and then critically discussed.

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The Heterogeneity of Job Creation and Destruction in Transition and Non-transition Developing Countries: The Effects of Firm Size, Age and Ownership

  • Ochieng, Haggai Kennedy;Park, Bokyeong
    • East Asian Economic Review
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    • v.21 no.4
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    • pp.385-432
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    • 2017
  • This paper investigates how firm age, size and ownership are related with job creation and destruction, and how these patterns differ across transition and non-transition economies. The analysis finds that age is inversely related with gross job creation and net job creation in the two samples. This finding is consistent with the theory of the learning effect. The relationship between age and job destruction is indifferent in non-transition economies. On the contrary, old firms in transition economies destroy more jobs than young ones. The paper further establishes an inverse relationship between size and gross job creation in the two groups. However, there is divergence between the two samples; small firms in non-transition economies also exhibit a higher gross job destruction rate. Consequently large firms have a higher net job creation rate. In transition economies, small and large firms exhibit similar rates of job destruction. But small firms retain a higher net job creation rate. A more intriguing finding is that state owned firms do not underperform domestic private ones. This means these countries may be using soft budget constraint which allows state owned firms to overstaff. Finally, crowding out of SMEs by foreign owned firms is not evident in transition economies.

Analysis of Economic Load Dispatch for the Atmospheric Emission Control in Power Systems (대기환경오염물질의 배출량 제어를 위한 경제부하배분의 해석)

  • 김용하;정민화;송길영
    • Journal of Energy Engineering
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    • v.6 no.2
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    • pp.129-136
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    • 1997
  • This paper presents a new economic load dispatch considering atmospheric emissions such as NOx and SO$_2$caused by the operation of fossil-fueled thermal generation in power systems. The proposed method is described for scheduling their output of thermal power units so as to comply with total emission constraint, area emission constraint and the both of those constraints. Also, by using a trade-off curve, representing all dispatch alternatives and conflict between the emission and the fuel cost, the sensitivity analysis of the emission and the fuel cost is applied to this algorithm. By the way, this proposed method is analyzed how dispatch changes as a function of the total environmental cost, and as a function of the relative weighting of individual environmental insults, e.g, NOx and SO$_2$. By applying the proposed method to the system, the usefulness of this method is verified.

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Differences in Leisure Participation by Types of Leisure Constraints for Married employees (기혼취업자의 여가제약유형에 따른 여가활동참여의 차이)

  • Kim, Oi-Sook;Park, Eun Jung
    • Journal of Family Resource Management and Policy Review
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    • v.17 no.1
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    • pp.241-263
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    • 2013
  • Time pressure and financial burden have been reported as the main constraints on leisure participation. The purpose of this study was to explore a typology of leisure constraints, investigate the characteristics of leisure constraint types, and analyze the differences in leisure participation by the types of leisure constraints for married employees. The data source for this research was the 2009 Time Use Survey conducted by the Korea National Statistical Office (KNSO). Married employees aged 20 to 59 years completed 13,476 time diaries (7,984 for male, 5,492 for female), which were analyzed using chi-square, cluster analysis, and ANOVA analysis. Leisure constraints were classified into five types in two categories, working time per week and personal income for both males and females respectively. The three types for both males and females were time-income constraints, income constraints, and general constraints, with an additional type for men, $time^+$-income constraints, and an additional type for women, time constraint. The most common type was general constraints, for both males and females. Each type was further differentiated by the following socio-economic variables: age, educational level, job type, and weekly day-off. The study found that participation in study, sports, and religious activities varied with the types of leisure constraints.

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The Leisure Activity Pattern and Effects of Leisure Constraints on Leisure Satisfaction of Adolescents (청소년의 여가활동 특성과 여가장애에 따른 여가만족도 차이)

  • Lee Eun-Hee;Min Hyun-Sun
    • Journal of the Korean Home Economics Association
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    • v.42 no.12 s.202
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    • pp.231-251
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    • 2004
  • The purpose of this study us to determine the adolescents' leisure activity pattern, leisure constraints and leisure satisfaction and to identify the relevant variables. The subjects were middle and high school students. The data was collected by using the questionnaire and the final 741 cases were analyzed by SPSS Win 10.0 program. The major findings were as follows: 1. The adolescents' leisure activity hours were 2.27hours/day(weekday), 4.20hours/day(Saturday) and 5.35hours/day(Sunday). On weekdays, female students spent more time for leisure activity than male students. The most frequent activities were watching TV and playing computer. 2. The adolescents' leisure constraints were social-economic, psychological and situational. The degree of the adolescents' situational constraint was the highest. 3. The adolescents' leisure satisfactions were leisure use, leisure condition and leisure meaning. The adolescents' degree of leisure meaning satisfaction was relatively high. 4. The major related variable influencing the leisure satisfaction were psychological constraint, situational constraint and gender.

Optimum Design of Vehicle Powertrain Mounting System (자동차용 파워트레인 마운팅 시스템의 최적설계)

  • Kim, J.H.;Lee, S.J.;Lee, W.H.;Kim, J.R.
    • Journal of Power System Engineering
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    • v.14 no.3
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    • pp.33-38
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    • 2010
  • Technology of vehicle industry has been developing and it is required a better vehicle performance than before. Therefore, the consumers are asking not only an economic efficiency, functionality, polished design, ride comfort and silence but also a driving stability. The ride comfort, silence and driving stability are influenced by the size of vehicle and various facilities. But the principal factor is a room noise and vibration sensed by a driver and passenger. Thus, the NVH of vehicle has been raised and used as a principal factor for evaluation of vehicle performance. The primary objective of this study is an optimized design of powertrain mounting system. To optimized design was applied MSC.Nastran optimization modules. Results of dynamic analysis for powertrain mounting system was investigated. By theses results, design variables was applied 12 dynamic spring constant. And the weighting factor according to translational displacement and rotational displacement applied 3 cases. The objective function was applied to minimize displacement of powertrain. And the design variable constraint was imposed dynamic spring constant ratio. The constraint of design variable for objective function was imposed bounce displacement for powertrain.

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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The Sequential Rectifying Inspection for the Constraint of Motor Vehicle Emission (자동차배출(自動車排出)가스 규제(規制)를 위한 수정(修正)된 축차검사계획(逐次檢査計劃))

  • Jo, Jae-Rip
    • Journal of Korean Society for Quality Management
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    • v.17 no.1
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    • pp.48-59
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    • 1989
  • The motor vehicle emission is expected to be constrained strongly in the future in accordance with the current policy as to prevention of air pollution. This paper establishes a sequential rectifying inspection plan which satisfies the standard motor vehicle emission for the automobile producers who are currently producting the automobiles with catalytic converts. This plan also considered the constraint of the effective motor vehicle emission by way of rectifying the certification test in the past. In order to evaluate the performance of the inspection plan, the recent certification test data have also been applied. The result of the application has proved that the rectified sequential inspection plan presented in this paper satisfies the standard motor vehicle emission and can be the optimal economic inspection plan. As a result the inspection plan given in this paper will be contributed to constrain the motor vehicle emission most effectively.

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