• Title/Summary/Keyword: Variable cost

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A Study for the Development of a Variable Wedding Dress Design (가변적 웨딩드레스 디자인 개발을 위한 연구)

  • Jeon, Mi-Jin;Moon, Sun-Jeong;Chung, Sham-Ho
    • Fashion & Textile Research Journal
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    • v.15 no.5
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    • pp.694-703
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    • 2013
  • A variable dress design can be an alternative to satisfy a consumer need for diverse expression and self-realization at a lower cost factor. In the area of wedding dress, the change in the trend of wedding culture (which tends to demand more units of wedding dress) makes the cost factor more important in the purchase selection. A variable design has a clear advantage for wedding dresses and the wedding industry. This is the first research on a variable design that focuses on wedding dresses. This research develops a variable wedding design which respects consumer preferences independent of a variable wedding dress design that presents a new shape of silhouette or the development ofa new wedding dress materials. A survey on the supply side was conducted to examine market preferences by first browsing the Naver portal site and then checking the websites of major wedding dress suppliers. A questionnaire survey was conducted with a sample of 348 brides-to-be that inquired on wedding dress selection factors and purchase patterns. The survey shows that consumers prefer mermaid and A-line silhouettes, silk material, white-ivory color, and tube top necklines. The result conforms to the types commonly found in the designs of suppliers. We apply a detachable design to a basic mermaid silhouette and implemented change for 7 kinds of styles -based on the result of the survey. We suggest a variable wedding dress design as a new means to solve the cost concern and the customer need for diverse expression. The research represents a new life style for wedding culture and facilitates the development of the wedding industry.

A Case Study on Electronic Part Inspection Based on Screening Variables (전자부품 검사에서 대용특성을 이용한 사례연구)

  • 이종설;윤원영
    • Journal of Korean Society for Quality Management
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    • v.29 no.3
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    • pp.124-137
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    • 2001
  • In general, it is very efficient and effective to use screening variables that are correlated with the performance variable in case that measuring the performance variable is impossible (destructive) or expensive. The general methodology for searching surrogate variables is regression analysis. This paper considers the inspection problem in CRT (Cathode Ray Tube) production line, in which the performance variable (dependent variable) is binary type and screening variables are continuous. The general regression with dummy variable, discriminant analysis and binary logistic regression are considered. The cost model is also formulated to determine economically inspection procedure with screening variables.

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Determination of the Optimal Specification Limits for Complete Inspection Plans (전수검사를 위한 최적규격한계 설정)

  • Hong, Sung-Hoon;Kim, Sang-Boo
    • Journal of Korean Institute of Industrial Engineers
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    • v.21 no.2
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    • pp.255-265
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    • 1995
  • Due to advances in automated manufacturing systems and automatic inspection equipment, complete inspection has drown increased attention recently and has become a widespread practice. In a complete inspection plan all of the items are subject to acceptance inspection If an item fails to meet the predetermined specifications, it is rejected. In this paper, economic complete inspection plans are developed in situations where rejected items are reworked Complete inspections based on the performance variable of interest or a variable which is correlated with the performance variable are considered. Cost models are constructed which involve cost incurred by imperfect quality rework cast and quality inspection cost Methods of finding the optimal complete inspection plans are presented and numerical examples are given.

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An Analysis of marriage cost planning and marriage cost for the children (자녀 결혼비용 마련대책과 결혼비용분석)

  • 정순희
    • Journal of Families and Better Life
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    • v.15 no.4
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    • pp.103-124
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    • 1997
  • The purpose of this study was to analyze marriage cost planning and marriage cost for the children. Data were obtained from 306 households with at least one child married within past 5 years in Seoul. There were significant differences in marriage cost planning. The average marriage cost was 46,410,000won. Earned income finance asset child's sex child's marriage type the length of planning whether debts were incurred or not and whether the property was sold for child's marriage were significantly associated with the marriage cost. Finally socio-economic variable and marriage cost planning variables played more imprtant role in determining child's marriage cost than child related variables.

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단체법에서의 효율적인 단일인공변수법의 구현

  • 임성묵;박찬규;김우제;박순달
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 1997.10a
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    • pp.52-55
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    • 1997
  • In this paper, both the generalization of one artificial variable technique to the general bound problem and the efficient implementation of the technique are suggested. When the steepest-edge method is used as a pricing rule in the simplex method, it is easy to update the reduced cost and the simplex multiplier every iteration. Therefore, one artificial variable technique is more efficient than Wolfe's method in which the reduced cost and simplex multiplier must be recalculated in every iteration. When implementing the one artificial variable technique on the LP problems with the general bound restraints on the variables, an arbitrary basic solution which satisfies the bound restraints is sought first, and the artificial column which adjusts the infeasibility is introduced. The phase one of the simplex method minimizes the one artificial variable. The efficient implementation technique includes the splitting, scaling, storage of the artificial column, and the cure of infeasibility problem.

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Economic Screening Procedures in Normal and Logistic Models when the Rejected Items are Reprocessed (불합격 제품을 재가공할 때 정규 및 로지스틱 모형하에서 경제적 선별검사)

  • Hong, Sung-Hoon
    • Journal of Korean Institute of Industrial Engineers
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    • v.28 no.3
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    • pp.240-246
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    • 2002
  • In this paper, economic screening procedures with dichotomous performance variable T and continuous screening variable X are considered when the rejected items are reprocessed. Two models are considered; normal and logistic models. It is assumed that X given T is normally distributed in the normal model, and P(T=1|X=x) is given by a logistic function in the logistic model. Profit models are constructed which involve four price/cost components; selling price, cost from an accepted nonconforming item, and reprocessing and inspection costs. Methods of finding the optimal screening procedures are presented and numerical examples are given.

Economic Design of $\bar{X}$-Control Charts with Warning Limits under Weibull Failure Model (와이블 고장모형 하에서 경고한계를 고려한 $\bar{X}$ 관리도의 경제적 설계)

  • Jeong, Dong-Wook;Lee, Joo-Ho
    • Journal of Korean Society for Quality Management
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    • v.40 no.2
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    • pp.186-198
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    • 2012
  • Since Duncan(1956) first proposed an economic design of $\bar{X}$-control charts, most of the succeeding works on economic design of control charts assumed the exponential failure model like Duncan. Hu(1984), however, assumed a more versatile Weibull failure model to develop an economic design of $\bar{X}$-control charts and Banerjee and Rahim(1988) further improved Hu's design by changing the assumption of fixed-length sampling intervals to variable-length ones. In this article we follow the approach of Banerjee and Rahim(1988) but include a pair of warning limits inside the control limits in order to search for a failure without stopping the process when the sample mean falls between warning and control limits. The computational results indicate that the proposed model gives a lower cost than Banerjee and Rahim's model unless the early failure probability of a Weibull distribution is relatively large. The reduction in cost is shown to become larger as the cost of production loss outweighs the cost of searches for a failure.

An Economic Design of Constant Stress Accelerated Life Tests (일정스트레스 가속수명시험의 경제적 설계)

  • 윤원영;반한석
    • Journal of the Korean Operations Research and Management Science Society
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    • v.19 no.1
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    • pp.145-152
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    • 1994
  • This paper deals with an economic design of acelerated life test under constant stresses where failure times are exponentially distributed. In this case the optimization criterion is the information amount per unit cost. Fisher's information matrix of exponential distribution's parameters and expected cost considering fixed and variable costs are obtained. The decision variable is the censoring time in the model. In the 2-level constant stress case, it is proved that the optimal solution exists and is unique under some condition. Numerical examples are also included.

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The Effect of Control-Ownership Disparity on Cost Stickiness

  • Chae, Soo-Joon;Ryu, Hae-Young
    • Journal of Distribution Science
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    • v.14 no.8
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    • pp.51-57
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    • 2016
  • Purpose - If control-ownership disparity is large, managers will not actively reduce costs; rather, they will maintain unutilized resources or possess surplus resources even when sales decrease with the purpose of increasing personal utility from status, power, compensation, and prestige. These managers' utility maximizing tendencies cause cost stickiness. We examine whether asymmetric behavior related to costs becomes stronger when there is a large disparity between ownership and control rights. Research design, data, and methodology - We construct a regression model to examine the relationship between control-ownership disparity and cost stickiness. STICKY, a dependent variable representing cost stickiness is a value found using the method of Weiss (2010), and Disparity is an interest variable that shows control-ownership disparity. Results - This study is based from the unique situations in Korea, in which high control-ownership disparity is common in firms. Large control-ownership disparity was found to increase cost stickiness of corporations. Conclusions - The results of this study imply that controlling shareholders may be regarded as a threat to the interests of minority shareholders and corporate values especially when controlling shareholders have significant influence over managers or the power to make managerial decisions as owners of a corporation.

Optimal Scheduling for Dynamic Ice Storage System with Perfectly Predicted Cooling Loads (동적제빙형 빙축열시스템에 대한 최적운전계획)

  • Lee, Kyoung-Ho;Lee, Sang-Ryoul;Choi, Byoung-Youn;Kwon, Seong-Chul
    • Proceedings of the KSME Conference
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    • 2001.06d
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    • pp.286-291
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    • 2001
  • This paper describes an optimal scheduling for ice slurry systems for energy cost saving. The optimization technique applied in the study is the dynamic programming method, for which the state variable is the storage in the ice storage tank and the control variable is the state of chiller's on-off switching. Though the costs during charge period is included in optimization by taking the average cost of ice per hour for slurry making, the time horizon for the simulation is limited building cooling period because accurate charge rate from the ice maker into the ice storage tank cannot be estimated during the charge period. In the operating simulation after optimizing procedure, energy consumption and operating cost for the optimal control are calculated and compared with them for a conventional control with one case of cooling load profile.

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