• Title/Summary/Keyword: cost function

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Determination of the Resetting Time to the Process Mean Shift based on the Cpm+ (Cpm+ 기준에서의 공정평균이동에 대한 재조정 기간 결정)

  • Lee, Do-Kyung
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.41 no.1
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    • pp.110-117
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    • 2018
  • Machines and facilities are physically or chemically degenerated by continuous usage. One of the results of this degeneration is the process mean shift. By the result of degeneration, non-conforming products and malfunction of machine occur. Therefore a periodic preventive resetting the process is necessary. This type of preventive action is called 'preventive maintenance policy.' Preventive maintenance presupposes that the preventive (resetting the process) cost is smaller than the cost of failure caused by the malfunction of machine. The process mean shift problem is a field of preventive maintenance. This field deals the interrelationship between the quality cost and the process resetting cost before machine breaks down. Quality cost is the sum of the non-conforming item cost and quality loss cost. Quality loss cost is due to the deviation between the quality characteristics from the target value. Under the process mean shift, the quality cost is increasing continuously whereas the process resetting cost is constant value. The objective function is total costs per unit wear, the decision variables are the wear limit (resetting period) and the initial process mean. Comparing the previous studies, we set the process variance as an increasing concave function and set the quality loss function as Cpm+ simultaneously. In the Cpm+, loss function has different cost coefficients according to the direction of the quality characteristics from target value. A numerical example is presented.

Economies of Scale in Multiproduct Firms;Evidence from Air Transport Industry (항공운송산업의 비용분석을 통한 규모의 경제성 추정;초월대수(Translog)비용함수와 푸리에(Fourier) 신축함수 비교 분석을 중심으로)

  • Kim, Je-Chul;Huh, Seok-Min;Lee, Dong-Hui;Lee, Young-Soo
    • Journal of the Korean Society for Aviation and Aeronautics
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    • v.14 no.4
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    • pp.38-47
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    • 2006
  • This study analyzes the expense structure of the air transport industry, based on the cost and income data of 18 major airlines, estimates the economic effectiveness of scale and conducts comparative analysis. As for the method of analysis, Translog cost function and the Fourier flexible function were used. The result showed that big companies had the economy of scale based on the Translog cost function, while the Fourier flexible function led to a estimation that expanding the input is not recommended, for the expansion of scale entails the poor economy of scale. It can be presumed that the economy of scale was estimated according to the U shape of the Translog cost function in the given data. On the other hand, the Fourier flexible cost function approaches the unknown function, as it is a Fourier series, and correctly infers the economy of scale based on the analyzed data. As for the flag carrier's economy of scale, it was inferred that the economy of scale existed by any of two functions. Therefore, the conclusion was that further expanding the scale will not cause any problem.

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An improvement of software sizing and cost estimation model with function point methods (기능 점수를 이용한 소프트웨어 규모 및 비용산정 방안에 관한 연구)

  • 김현수
    • Korean Management Science Review
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    • v.14 no.1
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    • pp.131-149
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    • 1997
  • Software cost estimation is an important both for buyers and sellers(developers). We reviewed domestic and foreign researches and practices on software cost estimation with function point method comprehensively, In this paper, we derived four promising alternative function point models. They are an IFPUG(International Function Point User Group)-based model(Model I), a shorthand model for client/sever software systems(Model II), a data-oricnted model for relatively large software projects(Model III), and a general- purpose function point model for non business application softwares as well as business applications(Model IV). Empirical data shows that Model I, II, and IV are very useful function point models. In particular, model II and IV look very useful models since they are concise and accurate. These models can be incorporated in a new improved guideline for software cost estimation. General opinion survey shows that Model I, II and IV are preferable. There are no significant differences in preference between buyers and sellers. The survey also shows that users think function point method is better than step(line of code)-oriented cost estimation methods in many ways including objectivity and estimation accuracy.

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Extraction of Shape Information of Cost Function Using Dynamic Encoding Algorithm for Searches(DEAS) (최적화기법인 DEAS를 이용한 비용함수의 형상정보 추출)

  • Kim, Jong-Wook;Park, Young-Su;Kim, Tae-Gyu;Kim, Sang-Woo
    • Journal of Institute of Control, Robotics and Systems
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    • v.13 no.8
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    • pp.790-797
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    • 2007
  • This paper proposes a new measure of cost function ruggedness in local optimization with DEAS. DEAS is a computational optimization method developed since 2002 and has been applied to various engineering fields with success. Since DEAS is a recent optimization method which is rarely introduced in Korean, this paper first provides a brief overview and description of DEAS. In minimizing cost function with this non-gradient method, information on function shape measured automatically will enhance search capability. Considering the search strategies of DEAS are well designed with binary matrix structures, analysis of search behaviors will produce beneficial shape information. This paper deals with a simple quadratic function contained with various magnitudes of noise, and DEAS finds local minimum yielding ruggedness measure of given cost function. The proposed shape information will be directly used in improving DEAS performance in future work.

Development of Link Cost Function using Neural Network Concept in Sensor Network

  • Lim, Yu-Jin;Kang, Sang-Gil
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.5 no.1
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    • pp.141-156
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    • 2011
  • In this paper we develop a link cost function for data delivery in sensor network. Usually most conventional methods determine the optimal coefficients in the cost function without considering the surrounding environment of the node such as the wireless propagation environment or the topological environment. Due to this reason, there are limitations to improve the quality of data delivery such as data delivery ratio and delay of data delivery. To solve this problem, we derive a new cost function using the concept of Partially Connected Neural Network (PCNN) which is modeled according to the input types whether inputs are correlated or uncorrelated. The correlated inputs are connected to the hidden layer of the PCNN in a coupled fashion but the uncoupled inputs are in an uncoupled fashion. We also propose the training technique for finding an optimal weight vector in the link cost function. The link cost function is trained to the direction that the packet transmission success ratio of each node maximizes. In the experimental section, we show that our method outperforms other conventional methods in terms of the quality of data delivery and the energy efficiency.

Analyses of the Cost function for the Reductions of the Dynamic Response and the Vibrational Intensity of a Discrete System and Its Elastic Supporting Beam (이산계와 탄성 지지보의 동응답 및 진동 인텐시티 저감을 위한 목적함수 해석)

  • Kim, Gi-Man;Choi, Seong-Dae
    • Transactions of the Korean Society for Noise and Vibration Engineering
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    • v.20 no.1
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    • pp.83-91
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    • 2010
  • In this paper, the feasibility of the cost function having two control factors were discussed in compared to two others which has one different control factor respectively. As of the control factors, the dynamic response of a discrete system and the vibrational intensity at the reference point which is the connecting point of a discrete system to a flexible beam were controlled actively by the control force obtained from the minimization of the cost function. The method of feedforward control was employed for the control strategy. The reduction levels of the dynamic response of a discrete system and the vibrational intensity at a reference point, and also the input power induced by the control force were evaluated numerically in cases of the three different cost functions. In comparison with the results obtained from the cost functions of one control factor, which is the dynamic response or the vibrational intensity, in most cases of the cost function of two control factors the better or similar results were obtained. As a conclusion, it is surely noted that both the dynamic response and the vibrational intensity of the vibrating system be controlled up to the expected level by using the single cost function having two control factors.

Optimization of Economic Load Dispatch Problem Using Linearly Approximated Smooth Fuel Cost Function (선형 근사 평활 발전 비용함수를 이용한 경제급전 문제의 최적화)

  • Lee, Sang-Un
    • The Journal of the Institute of Internet, Broadcasting and Communication
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    • v.14 no.3
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    • pp.191-198
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    • 2014
  • This paper proposes a simple linear function approximation method to solve an economic load dispatch problem with complex non-smooth generating cost function. This algorithm approximates a non-smooth power cost function to a linear approximate function and subsequently shuts down a generator with the highest operating cost and reduces the power of generator with more generating cost in order to balance the generating power and demands. When applied to the most prevalent benchmark economic load dispatch cases, the proposed algorithm is found to dramatically reduce the power cost than does heuristic algorithm. Moreover, it has successfully obtained results similar to those obtained through a quadratic approximate function method.

LCC Optimization for Reinforced Concrete Structures under Seismic Hazards

  • Park, Soon-Kyu
    • KCI Concrete Journal
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    • v.13 no.2
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    • pp.26-32
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    • 2001
  • A simple expected damage cost model is developed and a systematic approach to evaluate the economic effects of seismic hazards to reinforced concrete structures is presented. An expected damage cost function during a specific lifetime is modeled by a Poisson's process with uniform continuous cash flow assumption. It is possible that the proposed method can decouple the damage cost effect from random earthquake events. Thus, expected damage cost function can be formulated as a combination of three independent terms; a present worth factor of Poisson's process, a damage cost interpolation function and a mean occurrence rate of earthquake intensity. The validity of the proposed method is demonstrated by a comparative study of LCC evaluations with the previous study.

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Determination of the Resetting Time to the Process Mean Shift by the Loss Function (손실함수를 적용한 공정평균 이동에 대한 조정시기 결정)

  • Lee, Do-Kyung
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.40 no.1
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    • pp.165-172
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    • 2017
  • Machines are physically or chemically degenerated by continuous usage. One of the results of this degeneration is the process mean shift. Under the process mean shift, production cost, failure cost and quality loss function cost are increasing continuously. Therefore a periodic preventive resetting the process is necessary. We suppose that the wear level is observable. In this case, process mean shift problem has similar characteristics to the maintenance policy model. In the previous studies, process mean shift problem has been studied in several fields such as 'Tool wear limit', 'Canning Process' and 'Quality Loss Function' separately or partially integrated form. This paper proposes an integrated cost model which involves production cost by the material, failure cost by the nonconforming items, quality loss function cost by the deviation between the quality characteristics from the target value and resetting the process cost. We expand this process mean shift problem a little more by dealing the process variance as a function, not a constant value. We suggested a multiplier function model to the process variance according to the analysis result with practical data. We adopted two-side specification to our model. The initial process mean is generally set somewhat above the lower specification. The objective function is total integrated costs per unit wear and independent variables are wear limit and initial setting process mean. The optimum is derived from numerical analysis because the integral form of the objective function is not possible. A numerical example is presented.

A Study on the Maintenance Cost Elasticity of the Apartment Housing (공동주택의 관리비 증감특성 연구)

  • Lee, Kang-Hee;Chae, Chang-U;Park, Guen-Soo
    • Journal of the Korean housing association
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    • v.22 no.6
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    • pp.51-60
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    • 2011
  • The maintenance cost depends on various factors such as building volume, floor area, number of household and so on. The maintenance cost of the apartment housing is affected by the maintenance type, building physical factor, sociogeographic aspects. Among these, the maintenance characteristics is represented and made up by the total floor area and number of household which means main factor to provide the building scale roughly. In this paper, it aimed at modelling the estimation function of the maintenance cost with the total floor area and number of household and analyzing the elasticity of the two factors. Although items of maintenance cost are various in general cost, repair cost and so on, we classified these items into the 5 categories. 5 categories are a general cost, a facility maintenance cost, a utilization cost, insurance and sanitary cost. The estimation function used a power function and it has better goodness-offitness than any other estimation methods in statistics. A power function has a three curve types with concave and convex and linear style to the origin.