• Journal of Korean Institute of Industrial Engineers
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• v.21 no.4
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• pp.507-517
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• 1995

The failure rate of an item depends on operational environment. When an item has a chance failure period and a wearout failure period in sequel, the severity of operational environment causes the increase in the slop of wearout failure rate or the increase in the magnitude of chance failure rate. For such a change of operational environment, this paper concerns the change of optimal preventive replacement time. Two preventive replacement policies, age replacement policy and periodic replacement policy with minimal repair, are considered. Investigated properties are: (a) in age replacement policy, optimal preventive replacement time increases as the chance failure rate increases and optimal preventive replacement time decreases as the slope of wearout failure rate increases, and (b) in periodic replacement policy with minimal repair, optimal preventive replacement time increases as the slope of wearout failure rate increases; however, the change of chance failure rate does not alter the optimal preventive replacement time.

• Journal of Communications and Networks
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• v.14 no.2
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• pp.121-129
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• 2012

In this paper, we consider a source node that operates over a time varying channel with energy harvesting capability. The goal of the source is to maximize the average number of successfully delivered packets per time slot. The source is able to choose whether to transmit a packet or defer the transmission in each time slot. The decision which is chosen by the source depends on the channel information available and the length of the energy queue. We formulate the problem of finding the optimal policy as a Markovian decision problem. We show some properties of the value function that represents the discounted number of successfully delivered packets per time slot. We prove that the optimal policy is a threshold type policy depending on the state of the channel and the length of the energy queue. We also derive an upper bound for the average number of packets per time slots successfully received by the destination. We show using numerical results that this bound is a tight bound on the performance of the optimal policy. And we consider the case of time varying channel but without channel state information (CSI). Then, we study the impact of channel time varying nature and the availability of CSI. In this case, we show that the optimal policy is a greedy policy. The performance of this greedy policy is also calculated.

• Journal of the Korean Data and Information Science Society
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• v.17 no.2
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• pp.367-377
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• 2006

This paper develops a periodic preventive maintenance(PM) policy following the expiration of warranty. Two types of warranty are considered: renewing warranty and non-renewing warranty. Also, we consider the situation where each PM cost is an increasing function of the PM effect. We determine the optimal number of PM's before replacing the system by a new one and the optimal length of period for the periodic PM following the expiration of warranty. Explicit solutions to determine the optimal periodic PM are presented for the Weibull distribution case.

• East Asian Economic Review
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• v.24 no.3
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• pp.237-252
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• 2020

This paper characterizes the optimal reciprocal trade policy in the environment of Melitz (2003) with firm productivity heterogeneity. In particular, without making parametric assumptions on firm productivity distribution, this paper derives the optimal degree of reciprocal tariff reductions that maximize the world welfare. A reciprocal import subsidy raises the industry productivity, lowering aggregate price; a reciprocal import tariff helps correct the markup distortion, increasing nominal income. With all the conflicting effects of import tariffs on welfare considered, the optimal degree of reciprocity in multilateral tariff reduction is shown to be free trade.

• Journal of Korean Institute of Industrial Engineers
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• v.25 no.4
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• pp.527-531
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• 1999

Instead of using the expected unfinished work, we use the expected number of customers in the system for finding the optimal D-policy for the M/G/1 queue in order to make it consistent with other control policies such as N-policy and T-policy.

• Proceedings of the Korean Reliability Society Conference
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• 2002.06a
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• pp.273-273
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• 2002

In this paper, we investigate a software release policy with software reliability growth factor during the warranty period by assuming that the software reliability growth is assumed to occur after the testing phase with probability p and the software reliability growth is not assumed to occur after the testing phase with probability 1-p. The optimal release policy to minimize the expected total software cost is discussed. Numerical examples are shown to illustrate the results of the optimal policy. And we consider a Bayesian decision theoretic approach to determine an optimal software release policy. This approach enables us to update our uncertainty when determining optimal software release time, When the failure time is Weibull distribution with uncertain parameters, a bayesian approach is established. Finally, numerical examples are presented for illustrative propose.

• Journal of Korean Society for Quality Management
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• v.30 no.4
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• pp.94-105
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• 2002

In this paper, replacement problems for a deteriorating system are considered. In the system under consideration, the successive lifetimes after repair become shorter and shorter, while the consecutive repair times become longer and longer. More specifically, the lifetimes of the system form a nonhomogeneous Poisson process, whereas the consecutive repair times constitute a stochastically increasing geometric process. Optimal replacement policies for the long-run average cost rate and the steady state availability are considered. Also taking the cost and the availability into consideration at the same time, the properties of optimal policies under the Cost Priority Policy and the Availability Priority Policy are obtained.

• IE interfaces
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• v.24 no.4
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• pp.396-407
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• 2011

We develop a cash management model in which firms face randomly occurred investment projects and retrieve investments upon the maturity of these projects. Using the Markov Decision Problem approach, we examine a control policy which dynamically adjusts the cash balance under the discounted cost criterion. The existence of an optimal policy is shown under some conditions. The optimal solution procedure is developed to find the optimal points and the optimal sizes for adjusting the cash balance. In numerical experiment, we investigate important structural properties of the optimal cash management policy.

• Journal of Korean Institute of Industrial Engineers
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• v.34 no.4
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• pp.398-407
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• 2008

We consider a product recovery system that a single product is stocked in order to meet a demand from customers who may return products after usage. This paper addresses a problem of when to release a procurement process to replenish serviceable inventory and how many new products to procure. The structure of the optimal procurement policy is examined and numerically identified as a monotonic threshold curve. A numerical procedure is presented to jointly find the optimal procurement order size, optimal procurement policy, and optimal discounted profit. Sensitivity analysis also indicates that these optimal performance measurements have monotonic properties with respect to system parameters.

• 제어로봇시스템학회:학술대회논문집
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• 1992.10a
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• pp.303-308
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• 1992

In this study, we propose a shared storage system which is more efficient policy than MIS(Mixed Intermediate Storage) policy for relatively rare storage system and can be called CIS(Common Intermediate Storage) policy. Using this strategy, we develop a new completion time algorithm and apply it to two kinds of optimal or near optimal scheduling method; combinatorial search and simulated annealing method. We also extend this strategy to other storage policy, for example MIS policy, with PLC(Programmable Logic Controller) logic and on/off action of electronic valves. It thus can be accepted as a basic form of FMS(Flexible Manufacturing System) for operating various storage policies. Finally we suggest the interlocking block to compansate for the shortcoming of CIS policy, i.e, complication of operation and safety, resulting in a basic batch process automation mode.