• Title/Summary/Keyword: Variable Cost

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Rigidity Evaluation under Uncertainties for Multiple Investment Alternatives over Multiple Periods

  • Kono, Hirokazu;Mizumachi, Tadahiro
    • Industrial Engineering and Management Systems
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    • v.9 no.2
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    • pp.107-120
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    • 2010
  • In today's uncertain economic environment, the evaluation of safety for investment alternatives is of practical importance in manufacturing companies. This paper examines a method of quantitatively evaluating profitability and risk for multiple alternatives using the total-cost unit-cost domain. The paper assumes such factors as unit sales price, sales and production volume, unit variable cost, fixed cost, and yield for each alternative. The paper incorporates the relationship between production capacity and demand, distinguishing between cases of production capacity surplus and shortage for each year over the entire planning horizon. The paper investigates the case in which the values of each factor independently move in the direction of decreasing profit each year, and clarifies the procedure of comparing safety among multiple investment alternatives on a single consolidated total-cost unit-cost domain. The difficulty of the problem lies in the method of consolidating multiple total-cost unit-cost domains into a single domain since the combination of years of capacity surplus and shortage depends upon the change values in each factor under consideration. A systematic method of evaluating profitability as well as risk is presented, and the validity of the proposed method is verified using a numerical example.

CFD Analysis on the Continuous and Variable Damping Characteristics of a Semi-Active Shock Absorber (반능동형 충격흡수기의 연속가변 감쇠특성에 대한 CFD 해석)

  • 윤준원
    • Transactions of the Korean Society of Automotive Engineers
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    • v.12 no.2
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    • pp.101-108
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    • 2004
  • Recently, a semi-active shock absorber has been taking interest because of its low cost and simple structure than the active one. CFD analysis has been conducted to investigate the continuous and variable damping characteristics of the semi-active shock absorber. Also, the flow resistance characteristics of a spool valve has been examined to identify individual parameters(namely, exponent and discharge coefficient) of pressure-flow rate relation needed for the accurate valve modeling. The flow field in the damping valve was simulated using the commercial code, CFX-5.3. The numerical results showed reasonable agreement with the experimental outputs. The pressure distribution with the variation of spool opening length and volume flow rate were discussed in detail. And the continuous and variable damping performance was found clearly. The individual parameters of spool valve were obtained as a function of orifice area. The exponent and discharge coefficient were fitted in with the first and the third polynomial respectively.

Approximate discrete variable optimization of plate structures using dual methods

  • Salajegheh, Eysa
    • Structural Engineering and Mechanics
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    • v.3 no.4
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    • pp.359-372
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    • 1995
  • This study presents an efficient method for optimum design of plate and shell structures, when the design variables are continuous or discrete. Both sizing and shape design variables are considered. First the structural responses such as element forces are approximated in terms of some intermediate variables. By substituting these approximate relations into the original design problem, an explicit nonlinear approximate design task with high quality approximation is achieved. This problem with continuous variables, can be solved by means of numerical optimization techniques very efficiently, the results of which are then used for discrete variable optimization. Now, the approximate problem is converted into a sequence of second level approximation problems of separable form and each of which is solved by a dual strategy with discrete design variables. The approach is efficient in terms of the number of required structural analyses, as well as the overall computational cost of optimization. Examples are offered and compared with other methods to demonstrate the features of the proposed method.

A Variable Table Form for Concrete Structural Frame Work of Irregular-Shaped Tall Buildings (비정형 초고층 건물의 골조공사를 위한 가변형 테이블폼)

  • Lim, Hyun-Su;Kim, Tae-Hoon;Cho, Hun-Hee;Kang, Kyung-In
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2011.11a
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    • pp.35-36
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    • 2011
  • Recently, an irregular-shaped super tall building has been increased, aiming toward landmarks of cityscape. However, the complex floor plan derived from an irregular shape requires considerable resources including time, cost, and effort to meet complex structural framework. Based on the motivation, the study proposes a table-form system that is variable slab form appropriate to an irregular shaped floor through improving limitations of an existing table-form system. The variable table-form is expected to reduce construction resources and improve constructability on an irregular floor plan of super tall buildings as well.

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Decoupling Control Design for Variable Speed Refrigeration System of a Ship

  • Hua, Li;Jeong, Seok-Kwon;Yoon, Jung-In
    • Journal of Advanced Marine Engineering and Technology
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    • v.30 no.7
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    • pp.808-815
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    • 2006
  • In this paper, we suggest decoupling control method based on general PI control law to control variable speed refrigeration system of the ship effectively. In the variable speed refrigeration system, the capacity and the superheat are controlled by inverters and electronic expansion valves respectively for saving energy and improving cost performance. Thus, we propose decoupling model to eliminate the interfering loop between capacity and superheat at first. Next, we design PI controller to control capacity and superheat independently and simultaneously. Finally the control performance was investigated through some experiments. The experimental results show that the PI control design can obtain good control performance under the adjustable control reference and thermal load variation.

A Study of Shape Control for Variable Section Parts in Extrusion Process (압출공정에서 가변 단면 성형을 위한 형상제어 연구)

  • Ahn, Seung-Hoon;Jang, Hong-Seok;Choi, Ho-Joon;Park, Sang-Cheul;Wang, Gi-Nam
    • Korean Journal of Computational Design and Engineering
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    • v.14 no.4
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    • pp.234-241
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    • 2009
  • The use of aluminum parts in automobile structuraI applications has increased in an effort to reduce the weight of cars and hence improve fuel economy. But Aluminum bar, I-beam and channels need other processes to vary the cross section in the axial direction. Thus, applications of these parts are limited by high cost. If the cross section of the part is variable by using only extrusion, application of extruded bar, I-beam and channels will increase in the Aluminum industries. In this paper, we propose the variable-shape extrusion process which can control the thickness of Aluminum bar. And we can calculate the speed of center ram by varying the cross section in the extrusion to control the thickness of Aluminum bar.

An experimental study for the filling balance of the family mold (Family 금형의 충전 밸런스를 위한 실험적 연구)

  • Cha B. S.;Rhee B. O.;Park H. P.
    • Proceedings of the Korean Society for Technology of Plasticity Conference
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    • 2005.09a
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    • pp.132-140
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    • 2005
  • It is well known that the family-mold has an advantage to reduce the cost for production and mold. However, defects are frequently occurred by over packing the smaller volume cavity during molding, especially whorl the family-mold has a volumetric difference between two cavities. In this study, we confirmed the cavity-filling imbalance by the temperature and the pressure sensors, and developed a variable-runner system for the cavity-filling balance. We carried out experiments fur balancing the cavity filling in the family-mold with the variable-runner system, and confirmed a balanced cavity-filing through analyzing the temperature and pressure change in each cavity as the cross-sectional area of the runner changed. We also examined the influence of the injection-speed to the balancing-capability of the variable-runner system in the experiment.

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A Study on the Exhaust Variable Valve for Automobile Muffler (자동차 머플러용 EVV에 관한 연구)

  • Park D.U.;Park K.S.;Park S.J.;Son S.M.
    • Proceedings of the Korean Society of Precision Engineering Conference
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    • 2005.10a
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    • pp.661-665
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    • 2005
  • The muffler reducing the exhaust noise and vibration from the engine influence on the engine performance. Recently the semi-active muffler was developed and adopted to the actual use in consideration of the cost and technical side for noise and vibration. This study is about the recently developed semi-active muffler. This paper attempt to analyze the dynamic stress field on the gate plate by using the finite element methods. According to the analysis of the Exhaust Variable Valve, its spring has the most influence on its operation compare with effects of other components. The design parameters of the Exhaust Variable Valve such as the spring displacement, diameter, coil number, free angle and so forth were used.

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Analyzing the Impact of Price Fluctuation of Nonferrous Metal Materials on Sectoral Construction Cost (비철금속자재 가격의 변동이 업종별 건설공사비에 미치는 영향 분석)

  • Sang, Jun;Lee, Suk-Won;Kim, Ju-Hyung;Kim, Jae-Jun
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2012.11a
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    • pp.149-151
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    • 2012
  • Changes in the price of materials in construction projects is one of the important variables. Therefore, measures are necessary to respond to the demand and supply of materials and price instability. In previous studies, mainly of ready-mix concrete and steel beam analysis was carried out. However, a study of non-ferrous material prices are still insufficient. So, in this study, the researcher identified the causal relationship between the construction cost and non-ferrous materials prices. Construction Cost Index was selected as a proxy variable of construction cost.

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An Analysis on Technical Efficiency of Apiculture Farming in Korea (양봉농가의 기술적 효율성 분석)

  • Yeo, Min-Su;Hong, Seung-Jee
    • Korean Journal of Agricultural Science
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    • v.37 no.3
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    • pp.509-514
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    • 2010
  • The purpose of this study is to analyze the technical efficiency and its determinants for Korean Apiculture farming by using from door to door and e-mail inquiry data. The analysis was implemented through the Cobb-Douglas stochastic frontier production function (SFPF) model including the technical inefficiency effect model for cross-sectional data. To measure the SFPF model, honey production was used for a dependent variable, and for input variables labor cost, preventive cost, material cost, feeding cost, depreciation cost were used. Farmer's age, farmer's career, farming scale, full-time or half-time firm and movement or fixed firm variables were used to measure the inefficiency effect model. The average technical efficiency on apiculture farming in Korea is estimated to be 0.8112. It means that there were technical inefficiency of about 18.88% in Korea apiculture farming. In this study there are some suggestions which could increase the technical efficiency of Korean apiculture farming.