• Title/Summary/Keyword: Expected Time

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Ordering Policy for Planned Maintenance with Salvage Value

  • Park, Young T.;Jing, Sun
    • International Journal of Quality Innovation
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    • v.7 no.3
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    • pp.15-23
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    • 2006
  • A spare ordering policy is considered for planned maintenance. Introducing the ordering, uptime, downtime, inventory costs and salvage value, we derive the expected cost effectiveness. The problem is to determine jointly the ordering time for a spare and the preventive replacement time for the operating unit which maximize the expected cost effectiveness. Some properties regarding the optimal policy are derived, and a numerical example is included to explain the proposed model.

Optimal System Design of Consecutive-k-out-of-n:F System

  • Yun, Won-Young;Kim, Gui-Rae;Yamamoto, Hisashi
    • Proceedings of the Korean Society for Quality Management Conference
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    • 2006.11a
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    • pp.309-314
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    • 2006
  • The linear Consecutive-k-out-of-n:F system consists of n component ordered linearly and fail if and only if at least k consecutive components fail. We assume that the components are independent and identical exponentially distributed. This paper develops a model to calculate the expected cost per unit time of a linear consecutive-k-out-of-n:F system. The optimization problem we consider regards the choice of the system structure parameter k to minimized the expected cost per unit time.

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A Note on Sudden Death Tests (sudden death 시험에 대한 고찰)

  • Seo, Sun-Keun
    • Journal of Applied Reliability
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    • v.12 no.3
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    • pp.139-152
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    • 2012
  • Successive and simultaneous sudden death tests are compared with the complete and Type II censored samples in terms of expected test duration and Total Time on Test(TTT) subject to the same number of failures in order to maintain the equal statistical precision under Weibull lifetime distribution with known shape parameter. Also, two sudden death tests under a proposed cost model are discussed and a numerical example is provided to illustrate the use of the proposed cost model.

Strategic Foreign Direct Investment in Developing Countries under Demand Uncertainty: Commitment vs. Flexibility

  • Hyun, Hea-Jung
    • East Asian Economic Review
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    • v.16 no.1
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    • pp.25-66
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    • 2012
  • The paper analyzes the effect of expected future demand on the investment decisions of multinational enterprises. In particular, I explore the issue of the timing of switching between exporting and FDI in the host developing country and explicitly incorporate the firm's attitude toward risk in the model. The model demonstrates that the optimal time for switching to FDI depends on the expected future demand and the degree of its uncertainty.

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Designing Stacking Facilities of Pyramid Type (피라미드 형태의 적재장 최적 설계)

  • Park, Twae Kyung;Kim, Kap Hwan
    • Journal of Korean Institute of Industrial Engineers
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    • v.33 no.2
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    • pp.227-236
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    • 2007
  • This paper proposes a method for designing stacking warehouses of pyramid type which can be found in storage rooms for steel coils, paper rolls, and drums for oils. Formulas were derived for estimating the expected travel time of cranes and the expected time for rehandling activities. Based on the derived formulas, this study derives the cost function for determining the optimal numbers of rows, bays, tiers of stacks under the condition that the requirement for storage space is satisfied. Numerical examples were given.

Empirical Study for the Technological Forecasting using Delphi Method

  • Kim, Yon-Hyong
    • Communications for Statistical Applications and Methods
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    • v.9 no.2
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    • pp.425-434
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    • 2002
  • In this paper, we evaluated the technological forecasting based on questionnaires of experts working in internet-banking industry. We prepared questionnaires on the 13 items. We examined specialties of respondents, relative importance of research contents, expected time of realization, likelihood of conviction on the expected time of realization, and their opinions on the levels of domestic's research and development comparing with advanced standards on each item. And we made various analysis based on data collected from Delphi method.

Travel Time Modeling and Analysis for an Automated Work-in-process Carousel

  • Lee, Moon-Kyu
    • Journal of Korean Institute of Industrial Engineers
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    • v.15 no.1
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    • pp.77-87
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    • 1989
  • This paper deals with an automated storage carrousel which handles work-in-process(WIP) such as small parts for kitting. The system has been used predominately for order picking applications. Throughput performance of the system can be measured by the inverse of the expected order picking time. Analytic models are developed for approximating the expected times under the "nearest-item" sequencing rule. The performance of the models are tested through computer simulation. The gap between the two is shown to be reasonably small.

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A Study on times to the First Overflow in M/G/1/K/N Queueing Systems

  • Lee, Kyu-Noh;Kim, Hong-Gie
    • Communications for Statistical Applications and Methods
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    • v.6 no.3
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    • pp.871-880
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    • 1999
  • The main purpose of queueing theory is to find the optimal solution for maintaining systems such as service facilities. Analyzing the overfolw process provides an important information for the solution in queueing systems with finite capacity. In this thesis we approximate the expected time until the first overflow in M/G/1/K/N queueing systems. Results will be applied to approximate the expected time until the first reduction of source population system. Simulation results show that our approximation is applicable to real situations.

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LUBRICANTS FOR LOW MISSION DIESEL ENGINES PRESENTATION TO THE KOREAN SOCIETY OF LUBRICATION ENGINEERS

  • Lewis, Eric J.;Villts, Tim
    • Proceedings of the Korean Society of Tribologists and Lubrication Engineers Conference
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    • 1988.11a
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    • pp.1-20
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    • 1988
  • 1. Diesel emission controls becoming more severe 2. Major changes in diesel engine design expected 3. Some meoh may be used 4. Fuel S expected to decrease 5. Less need for high tbn oils 6. Low ash oils have been demonstrated 7. Lower oil consumption expected 8. Emission control timing amy be relaxed to give more time

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STOCHASTIC SINGLE MACHINE SCHEDULING SUBJECT TO MACHINES BREAKDOWNS WITH QUADRATIC EARLY-TARDY PENALTIES FOR THE PREEMPTIVE-REPEAT MODEL

  • Tang, Hengyong;Zhao, Chuanli
    • Journal of applied mathematics & informatics
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    • v.25 no.1_2
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    • pp.183-199
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    • 2007
  • In this paper we research the problem in which the objective is to minimize the sum of squared deviations of job expected completion times from the due date, and the job processing times are stochastic. In the problem the machine is subject to stochastic breakdowns and all jobs are preempt-repeat. In order to show that the replacing ESSD by SSDE is reasonable, we discuss difference between ESSD function and SSDE function. We first give an express of the expected completion times for both cases without resampling and with resampling. Then we show that the optimal sequence of the problem V-shaped with respect to expected occupying time. A dynamic programming algorithm based on the V-shape property of the optimal sequence is suggested. The time complexity of the algorithm is pseudopolynomial.