• IE interfaces
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• v.13 no.3
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• pp.539-547
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• 2000

An architecture of a Web-based Decision Support system for mathematical analysis is presented. Front-end modules provide web-client GUI environment for mathematical analysis. The networking architecture is built upon client/server system by Java socket and accesses database by JDBC in WWW. Back-end modules provide decision supporting service and data management for mathematical programming analysis. In the back-end any analysis tools, such as mathematical optimizer, simulation package, or statistics package can be used. As an application example for this implementation, optimal facility replacement decision problem is selected. In the implementation the optimal facility replacement decision problem is formulated as a shortest path problem. It uses Oracle DB and CPLEX package as the mathematical optimizer. While ORAWeb is designed and implemented on the optimal facility replacement problem, it can easily be extended to any decision supporting problems that would require mathematical optimization process.

• Journal of Korean Society of Water and Wastewater
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• v.23 no.3
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• pp.279-285
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• 2009

In this study, applied to the industrial water service, it is verified feasibility of break-even analysis method which has not been introduced in Korea. The On-san water pipeline of 7.1km among the Ul-san industrial water service is selected and the optimal replacement time calculated by break-even analysis method is year 2033 to 2044 which will be 53 to 67 years since the pipes were buried. If indirect cost such as the value of lost water and traffic disruption, service interruption, etc. is calculated as 30 and 100% of the direct cost, the financially optimum replacement time is advanced 3 to 9 years. These ways present rational criteria to establish long-term plan for budget and to execute the limited budget efficiently.

• Journal of Korean Society for Quality Management
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• v.17 no.1
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• pp.1-10
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• 1989

In general, the characteristics of components which consist of multi-component system can not be the same. This paper proposes a maintenance model of multi-component system considering the characteristics of each component. In this paper, multi-component system is divided into three components-critical unit, major unit and minor unit, respectively. This paper determines the optimal replacement time of the system which minimizes total maintenance cost, optimal replacement period of major unit and initial stock quantity of minor unit within this optimal replacement time. Numerical examples are shown when the failure times of each unit have gamma distribution.

• Journal of Korean Institute of Industrial Engineers
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• v.25 no.4
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• pp.466-475
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• 1999

A backward Dynamic Programming(DP) model for the optimal facility replacement decision problem during a finite planning horizon is presented. Multiple alternative challengers to a current defender are considered. All facilities are assumed to have finite service lives. The objective of the DP model is to maximize the profit over a finite planning horizon. As for the cost elements, purchasing cost, maintenance costs and repair costs as well as salvage value are considered. The time to failure is assumed to follow a weibull distribution and the maximum likelihood estimation of Weibull parameters is used to evaluate the expected cost of repair. To evaluate the revenue, the rate of operation during a specified period is employed. The cash flow component of each challenger can vary independently according to the time of occurrence and the item can be extended easily. The effects of inflation and the time value of money are considered. The algorithm is illustrated with a numerical example. A MATLAB implementation of the model is used to identify the optimal sequence and timing of the replacement.

• Journal of Korean Society of Water and Wastewater
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• v.16 no.6
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• pp.710-716
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• 2002

A General Pipe Break Prediction Model that incorporates linear and exponential models in its form is developed. The model is capable of fitting pipe break trends that have linear, exponential or in between of linear and exponential trend by using a weighting factor. The weighting factor is adjusted to obtain a best model that minimizes the sum of squared errors of the model. The model essentially plots a best curve (or a line) passing through "cumulative number of pipe breaks" versus "break times since installation of a pipe" data points. Therefore, it prevents over-predicting future number of pipe breaks compared to the conventional exponential model. The optimal replacement time equation is derived by using the Threshold Break Rate equation by Loganathan et al. (2002).

• Asia-Pacific Journal of Business Venturing and Entrepreneurship
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• v.9 no.2
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• pp.81-86
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• 2014

In this paper, a jointly optimal group replacement and spare provisioning policy is presented. Most maintenance policies assume that the spare inventory is always available, but in practice the maintenance schedule is affected by the availability of spare inventory. We present a maintenance-inventory model which jointly optimizes the group replacement interval and spare ordering quantity. Group replacement policy is used when a group of units are put in operation simultaneously. The operating fleet is replaced altogether at a predetermined number of units are failed. A sufficient level of spare inventory is carried to perform a number of group replacement. A cost rate expression which considers the group maintenance cost and inventory holding cost is derived and a heuristic method for searching the optimum value of decision variables is suggested. Numerical examples demonstrate the analytical results and the performance of the presented model.

• Journal of the Korea Institute of Military Science and Technology
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• v.4 no.1
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• pp.170-176
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• 2001

An optimization problem to obtain the optimal replacement interval considering the salvage values is studied. The system is minimally repaired at failure and is replaced by new one at age T(periodic replacement policy with minimal repair of Barlow and Hunter〔2〕). Our model assumes that the time horizon associated with the number of replacements is random The total expected cost considering the salvage values with random time horizon is obtained and the optimal replacement interval minimizing the cost is found by numerical methods. Comparisons between non-considered salvage values and this case are made by a numerical example.

• Journal of the Korean Operations Research and Management Science Society
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• v.14 no.2
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• pp.75-86
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• 1989

Joint stocking and preventive age replacement policy is considered for non-repairable items assuming instantaneous replenishment. A recursive relationship among the optimal preventive replacement ages is obtained, which shows that the preventive replacement ages in a replenishment cycle form an increasing sequence due to the inventory carrying cost. Using this relationship, a procedure is given for determining how many units to purchase on each order and when to replace each unit after it has begun operating so as to minimize the total cost per unit time over an infinite time span. The problem can be simplified if equal preventive replacement ages are assumed, and the solution is very close to that of the original unconstrained problem.

• Journal of Applied Reliability
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• v.13 no.2
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• pp.77-86
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• 2013

Recently, an extended warranty of a system following the expiration of the basic warranty is becoming increasingly popular to the user. In this respect, we suggest a replacement model following the expiration of extended warranty with minimal repair warranty from the user's point of view in this paper. Under extended warranty, the failed system is minimally repaired by the manufacturer at no cost to the user during the original extended warranty period. As a criterion of the optimality, we utilize the expected cost rate per unit time during the life cycle from the user's perspective and suggest the optimal replacement period after extended warranty. Finally, a few numerical examples are given for illustrative purpose.

• Journal of the Korean Society of Safety
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• v.38 no.2
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• pp.104-111
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• 2023

Rolling stock maintenance, which focuses on preventive maintenance, is typically implemented considering the potential harm that may be inflicted to passengers in the event of failure. The cost of preventive maintenance throughout the life cycle of a rolling stock is 60%-75% of the initial purchase cost. Therefore, ensuring stability and reducing maintenance costs are essential in terms of economy. In particular, private railroad operators must reduce government support budget by effectively utilizing railroad resources and reducing maintenance costs. Accordingly, this study analyzes the reliability characteristics of components using field data. Moreover, it resolves the problem of determining an economical replacement interval considering the timing of scrapping railroad vehicles. The procedure for determining the optimal replacement interval involves five steps. According to the decision model, the optimal replacement interval for the onboard signal device components of the "A" line train is calculated using field data, such as failure data, preventive maintenance cost, and failure maintenance cost. The field data analysis indicates that the mileage meter is 9 years, which is less than the designed durability of 15 years. Furthermore, a life cycle in which the phase signal has few failures is found to be the same as the actual durability of 15 years.