• 한국경영과학회지
• /
• 제22권4호
• /
• pp.93-113
• /
• 1997

In studying an EOQ-like inventory model for a manufacturing process, a number of findings were made. The system can "go out of control" resulting in a relatively minor problem state or "break-down". When the production system is in the minor problem statei produces a number of defective items. It is assumed that each defective piece requires rework cost and related operations. Once the machine breakdown takes place, the production system produces severely defective items that are completely unusable. Each completely unusuable item is immediately discarded and incurs handling cost, scrapped raw material cost and related operations. Two investment options in improving the production process are introduced : (1) reducing the probability of machine breakdown, breakdowns, and (2) simultaneously reducing the probability of machine breakdowns and setup costs. By assuming specific forms of investment cost function, the optimal investment policies are obtained explicitly. Finally, to better understand the model in this paper, the sensitivity of these solutions to changes in parameter values and numerical examples are provided.amples are provided.

• Asian-Australasian Journal of Animal Sciences
• /
• 제10권2호
• /
• pp.157-163
• /
• 1997

This paper analyses a number of important areas relating to methane production in ruminants, consequent hazards and different methods of reducing this gas. Clearly methane not only affects on the environment but also on the economy of animal production. Several factors including feed, species, microbes, rumen environment, etc. are responsible for methane production in animals. Although methane production can be reduced by chemical manipulation, defaunation and strategic feeding, the latter was found to be effective because the method is easier to follow than the others. Furthermore, feeding technology could play an important role in reducing methane production particularly in developing countries because of its relative cost effectiveness. however, it needs to compare to what extent it could reduce methane production as well as cost of animal production. Therefore, research program needs to be concentrated on the appropriate feeding system to reduce methane production, consequently pollution and cost of production particularly in developing countries.

• 대한산업공학회지
• /
• 제41권3호
• /
• pp.243-252
• /
• 2015

This paper considers a supply chain consisting of a manufacturer under the cap-and-trade emissions regulation and a permit supplier. We study joint production quantity and investment in reducing permit production cost decisions for centralized and decentralized supply chains. We formulate two supply chain contracts with aims to coordinate the decentralized supply chain; wholesale price contract and cost-sharing contract. Under the cost-sharing contract, the manufacturer shares a part of the investment in reducing permit production cost and then is allowed to purchase emission permit at a lower price. We analytically find that the proposed cost-sharing contract with reasonable parameters can coordinate the supply chain whereas the wholesale price contract is not desirable to achieve the system-wide profit. Numerical example is followed to support the analysis.

• 대한안전경영과학회지
• /
• 제17권1호
• /
• pp.225-230
• /
• 2015

Productivity is the essential comparative advantage in high tech industry company in 21 century. These company endless endeavor for low cost production. Low cost production can be led by low facility operation cost and low labor cost. But reducing facility operation cost arise much investment. Thus many high tech company drive reduction of labor cost. These article suggest model for reducing labor cost and prove a effect by example of some company.

• 한국농공학회논문집
• /
• 제50권4호
• /
• pp.51-58
• /
• 2008

Unit costs for energy production in bioenergy facilities are dependent upon both fixed cost for facility construction and operational costs including biomass feedstock supply. With the increase of capacity, unit fixed cost could be decreased while supply cost tends to increase due to the longer transportation distance. It is desirable to take into account biomass availability in planning bioenergy facilities. A cumulative curve relationship was proposed to relate biomass availability and cumulative products of biomass amount and transportation distance. Optimum size of gasification facilities was affected by collection cost, biomass cumulative relationship. Based on biomass availability of Icheon-City, optimum sizes were about $400kW_{th}$ for gas production, and about $200kW_{el}$ for power generation. Unit cost of bioenergy production could be substantially reduced by reducing collection cost through supplying biomass from diverse sources including land development areas where significant amount of waste wood is generated. When planning bioenergy facilities, however, biomass availability and spatial distribution are key factors in determining the size of capacity.

• 대한전기학회:학술대회논문집
• /
• 대한전기학회 1995년도 하계학술대회 논문집 B
• /
• pp.550-552
• /
• 1995

Real time informations from industrial power system in operation can be used for efficient energy conservation, optimal operation of electrical equipments, and expansion planning of apparatus. Requirements for energy conservation and supplied power quality in customers are increasing significantly because of their effects on the production cost and efficiency. Thus, the development of low cost power management system which can can operate in domestic power system properly is substantially requested. In this research, operation software for real time monitoring and control system in customer power system has been developed to achieve the above purposes. The development of the operating software and related technologies are expected to be applied successfully for reducing electricity cost, enhancing power quality, determining facility expansion planning, operating optimal power system, increasing production efficiency, and reducing maintenance cost.

• 경영과학
• /
• 제32권4호
• /
• pp.19-28
• /
• 2015

This study presents a mathematical programming model to develop production planning in the manufacturing processes for photovoltaic silicon ingots and wafers. The model is formulated as a linear programming model that maximizes total growth margin, which is composed of production cost, inventory cost, shortage cost, and sales profit while considering the constraints associated with the production environments of photovoltaic materials. In order to demonstrate the utility of the model for production planning, we run operations for a planning horizon of a year for a case study. When the primary results of this mathematical programming are compared with the historical records, the model could have resulted in the considerable increase of the total growth margin by effectively reducing inventory cost if a decision maker had employed the model as a decision support system with perfect information for sales demand.

• 국제학술발표논문집
• /
• The 3th International Conference on Construction Engineering and Project Management
• /
• pp.1433-1439
• /
• 2009

Best value is the ultimate goal of the owner and can thus have diverse meanings according to the project characteristic, owner's purpose, user groups' payment capability, etc.. Recently, resettlement problems of the marginalized members in the urban regeneration area have been issued in Korea because they have no capability to purchase (or lease) redeveloped housing (or apartment). It means that a minimized production cost for reducing supply price of housing is a key factor in establishing the best value of the marginalized members. The lowest-price bidding system serves the purpose of ensuring a minimized production cost, but due to the low-cost investments, it creates various problems, such as sloppy construction, lowered quality, an increased LCC, and worsening profitability for builders. Thus, to help them resettle, it is necessary to supply affordable housing geared towards a certain appropriate quality and minimum construction costs. Towards this end, this study aimed to propose a cost reduction bidding system based on a technical proposal. The proposed technical-proposal-based cost reduction bidding system consists of the following components: work-unit-based, project-unit-based, and construction-period-reducing technical proposals. These components are evaluated to select the best bidder for a given project. The technical proposal based cost reduction bidding system proposed herein is expected to provide facilities with appropriate supply prices and appropriate quality levels, to bolster the technological competitiveness of builders.

• 한국공작기계학회논문집
• /
• 제15권3호
• /
• pp.97-103
• /
• 2006

The development of a heat exchanger production model based on the microlamination technology and it's economic efficiency is addressed. A microchannel production model is proposed for the high-volume production. The microlamination system is made up of lamina patterning, laminae sorting and laminae bonding. A cost estimation model is developed based on the hewn cycle time and capital equipment costs. An economic efficiency analysis is performed to determine the cost drivers under the different market and product scenarios. The result of the economic efficiency analysis indicated that the device size and the production rate have a great effect on the overall manufacturing cost of microlamination devices. And it can be concluded that the microlamination should focus on bonding larger laminae and reducing both cycle time and warpage.

• Asia pacific journal of information systems
• /
• 제6권1호
• /
• pp.195-222
• /
• 1996

Faced with the challenge of reducing costs and improving competitive position, firms have recognized outsourcing as an important information systems (IS) strategic option. It has not been understood clearly what determines IS outsourcing. Based on the IS literature and transaction cost economics, cost efficiency related factors were identified, and a questionnaire survey was conducted. The results based on 181 responses from the bank executives in U.S. revealed that vendor production cost advantage and transaction risk are significant predictors of degree of outsourcing and outsourcing preference for data processing services. Insufficiency of IS funds and information technology uncertainty were found to be not only positively associated with vendor production cost advantage, but also directly associated with outsourcing preference and degree of outsourcing. Firm size is, however, not significantly related to vendor production cost advantge and IS outsourcing.