• Title/Summary/Keyword: Optimal sizing

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Buyer's EOQ model for deteriorating products under conditions of permissible delay in payments and quantity discounts for freight cost

  • Shinn Seong-Whan;Song Chang-Yong
    • Proceedings of the Safety Management and Science Conference
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    • 2002.05a
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    • pp.237-241
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    • 2002
  • This paper deals with the problem of determining the buyer's economic lot sizing policy for exponentially deteriorating products under trade credit. It is also assumed that the ordering cost consists of a fixed set-up cost and a freight cost, where the freight cost has a quantity discount offered due to the economies of scale. We formulate the mathematical model and the solution algorithm is developed based on the properties of an optimal solution.

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Buyer's EOQ model for deteriorating products under order-size-dependent delay in payments

  • Shinn Seong-Whan;Song Chang-Yong
    • Proceedings of the Safety Management and Science Conference
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    • 2002.05a
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    • pp.243-247
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    • 2002
  • This paper deals with the problem of determining the buyer's economic lot sizing policy for exponentially deteriorating products under trade credit. Assuming that the supplier's credit terms are already known and the length of delay is a function of the buyer's order size, we formulate the mathematical model and the solution algorithm is developed based on the properties of an optimal solution.

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Economic production quantity with expontial deterioration

  • Hwang, Hark;Kim, Kap-Hwan
    • Journal of the Korean Operations Research and Management Science Society
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    • v.4 no.1
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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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Lot-Sizing with Random Yield

  • Park, Kwang-Tae
    • Journal of the Korean Operations Research and Management Science Society
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    • v.17 no.2
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    • pp.107-115
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    • 1992
  • Many manufacturing processes involved in the fabrication and assembly of hightech components have highly variable yields that tend to complicate the production control. Under this random yield situation we develop a model to determine optimal input quantity, mean waiting time in the system and variance of waiting time in the system. An example which considers beta distribution as a yield distribution is given.

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Optimal Design of Nonlinear Structural Systems via EFM Based Approximations (진화퍼지 근사화모델에 의한 비선형 구조시스템의 최적설계)

  • 이종수;김승진
    • Proceedings of the Korean Institute of Intelligent Systems Conference
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    • 2000.05a
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    • pp.122-125
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    • 2000
  • The paper describes the adaptation of evolutionary fuzzy model ins (EFM) in developing global function approximation tools for use in genetic algorithm based optimization of nonlinear structural systems. EFM is an optimization process to determine the fuzzy membership parameters for constructing global approximation model in a case where the training data are not sufficiently provided or uncertain information is included in design process. The paper presents the performance of EFM in terms of numbers of fuzzy rules and training data, and then explores the EFM based sizing of automotive component for passenger protection.

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A Study on Lower Body Type of Adult Males for Tight-fit Slacks Pattern Making (타이트-핏(Tight-Fit) 슬랙스 패턴구성을 위한 성인 남성의 하반신 채형에 관한 연구)

  • Do, Wol-Hee
    • Korean Journal of Human Ecology
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    • v.12 no.4
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    • pp.559-570
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    • 2003
  • The focus of this research was concerned with studying lower body type for Korean adult males. To understand the features of men's lower body required to organize an optimal sizing system for men's tight-fit slacks, information from the measuring values based on research on the physical standard of the nation(l997) were summarized; in addition, a factor analysis and a cluster analysis among multivariate analyses were performed. In terms of the need for appropriate fit in motorcycle wear, basic lower body parts applying to each item had to be taken into consideration to enhance sizing suitability. In the case of the length of the lower limbs, the inclusion of protectors plays an important role in affecting sizing. The factors related to the lower body were defined as follows: Factor 1 was the vertical dimension of the lower body, Factor 2 was the horizontal dimension of waist and hip, Factor 3 was the horizontal dimension of the lower limbs, Factor 4 was the length of hips, and Factor 5 was the ankle height. The lower body part was also divided into 3 clusters. Cluster 1 referred to the smallest stature and skeleton structure among the 3 body types. Cluster 2 represented the biggest stature, with a thin lower limbs body type. Cluster 3 represented a medium stature but with a large skeleton structure of lower limbs, a muscular type. In conclusion, Cluster 2 appeared most in the 20s age groups, but Cluster 3 appeared most in each of the 30s, 40's, and 50's age groups.

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Topology, Shape and Sizing Optimization of the Jig Supporting High Voltage Pothead (고전압 장비 지그의 동특성에 대한 위상, 형상 및 치수 최적화)

  • Choi, Bong-Kyun;Lee, Jae-Hwan;Kim, Young-Joong
    • Journal of the Computational Structural Engineering Institute of Korea
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    • v.26 no.5
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    • pp.351-358
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    • 2013
  • In the electric power supplying industry, outdoor sealing end (pothead) is used and sometimes it is necessary to check the seismic qualification analysis or test which is intended to demonstrate that the equipment have adequate integrity to withstand stress of the specified seismic event and still performs their function. And since the pothead is mounted on the supporting jig, the avoidance of resonance between the pothead and jig is required. In order to design jig, three types of optimization are performed to get the minimum weight while satisfying the natural frequency constraint using ANSYS. Optimal array, position and thickness of truss members of the jig are obtained through topology, shape and sizing optimization process, respectively. And seismic analysis of the pothead on the jig for given RRS acceleration computes the displacement and stress of the pothead which shows the safety of the pothead. The obtained natural frequency, mass, and member thickness of the jig are compared with those of the reference jig which was used for seismic experimental test. The numerical results of the jig in the research is more optimized than the jig used in the experimental test.

Multi-step design optimization of a high speed machine tool structure using a genetic algorithm with dynamic penalty (동적 벌점함수 유전 알고리즘과 다단계 설계방법을 이용한 공작기계 구조물의 설계 최적화)

  • 최영휴;배병태;김태형;박보선
    • Proceedings of the Korean Society of Precision Engineering Conference
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    • 2002.05a
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    • pp.108-113
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    • 2002
  • This paper presents a multi-step structural design optimization method fur machine tool structures using a genetic algorithm with dynamic penalty. The first step is a sectional topology optimization, which is to determine the best sectional construction that minimize the structural weight and the compliance responses subjected to some constraints. The second step is a static design optimization, in which the weight and the static compliance response are minimized under some dimensional and safety constraints. The third step is a dynamic design optimization, where the weight static compliance, and dynamic compliance of the structure are minimized under the same constraints. The proposed design method was examined on the 10-bar truss problem of topology and sizing optimization. And the results showed that our solution is better than or just about the same as the best one of the previous researches. Furthermore, we applied this method to the topology and sizing optimization of a crossbeam slider for a high-speed machining center. The topology optimization result gives the best desirable cross-section shape whose weight was reduced by 38.8% than the original configuration. The subsequent static and dynamic design optimization reduced the weight, static and dynamic compliances by 5.7 %, 2.1% and 19.1% respectively from the topology-optimized model. The examples demonstrated the feasibility of the suggested design optimization method.

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A Simulation-based Heuristic Algorithm for Determining a Periodic Order Policy at the Supply Chain: A Service Measure Perspective (공급사슬 내의 재고관리를 위한 모의실험에 기초한 발견적 기법: 봉사척도 관점)

  • Park, Chang-Kyu
    • IE interfaces
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    • v.13 no.3
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    • pp.424-430
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    • 2000
  • Supply chain management (SCM) is an area that has recently received a great deal of attention in the business community. While SCM is relatively new, the idea of coordinated planning is not. During the last decades, many researchers have investigated multi-stage inventory problems. However, only a few papers address the problem of cost-optimal coordination of multi-stage inventory control with respect to service measures. Even published approaches have a shortcoming in dealing with a delivery lead time consisted of a shipping time and a waiting time. Assumed that there is no waiting time, or that the delivery lead time is implicitly compounded of a shipping time and a waiting time, the problem is often simplified into a multi-stage buffer allocation and a single-stage stochastic buffer sizing problem at all installations. This paper presents a simulation-based heuristic algorithm and a comparison with others for the problem that cannot be decomposed into a multi-stage buffer allocation and a single-stage stochastic buffer sizing problem because the waiting time ties together all stages. The comparison shows that the simulation-based heuristic algorithm performs better than other approaches in saving average inventory cost for both Poisson and Normal demands.

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A Comprehensive Model for Wind Power Forecast Error and its Application in Economic Analysis of Energy Storage Systems

  • Huang, Yu;Xu, Qingshan;Jiang, Xianqiang;Zhang, Tong;Liu, Jiankun
    • Journal of Electrical Engineering and Technology
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    • v.13 no.6
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    • pp.2168-2177
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    • 2018
  • The unavoidable forecast error of wind power is one of the biggest obstacles for wind farms to participate in day-ahead electricity market. To mitigate the deviation from forecast, installation of energy storage system (ESS) is considered. An accurate model of wind power forecast error is fundamental for ESS sizing. However, previous study shows that the error distribution has variable kurtosis and fat tails, and insufficient measurement data of wind farms would add to the difficulty of modeling. This paper presents a comprehensive way that makes the use of mixed skewness model (MSM) and copula theory to give a better approximation for the distribution of forecast error, and it remains valid even if the dataset is not so well documented. The model is then used to optimize the ESS power and capacity aiming to pay the minimal extra cost. Results show the effectiveness of the new model for finding the optimal size of ESS and increasing the economic benefit.