• Title/Summary/Keyword: cost optimization

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A Study on Optimization Model of Time-Cost Trade-off Analysisusing Particle Swarm Optimization (Particle Swarm Optimization을 이용한 공기-비용 절충관계 최적화 모델에 관한 연구)

  • Park, U-Yeol;An, Sung-Hoon
    • Journal of the Korea Institute of Building Construction
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    • v.8 no.6
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    • pp.91-98
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    • 2008
  • It is time-consuming and difficulty to solve the time-cost trade-off problems, as there are trade-offs between time and cost to complete the activities in construction projects and this problems do not have unique solutions. Typically, heuristic methods, mathematical models and GA models has been used to solve this problems. As heuristic methods and mathematical models are have weakness in solving the time-cost trade-off problems, GA based model has been studied widely in recent. This paper suggests the time-cost trade-off optimization algorithm using particle swarm optimization. The traditional particle swarm optimization model is modified to generate optimal tradeoffs among construction time and cost efficiently. An application example is analyzed to illustrate the use of the suggested algorithm and demonstrate its capabilities in generating optimal tradeoffs among construction time and cost. Future applications of the model are suggested in the conclusion.

Structural Cost Optimization for Building Frame System Using High-Strength Steel Members (고강도 강재를 사용한 건물골조방식 구조물의 구조비용 최적화)

  • Choi Sang-Hyun;Kwon Bong-Keun;Kim Sang-Bum;Seo Ji-Hyun;Kwon Yun-Han;Park Hyo-Seon
    • Proceedings of the Computational Structural Engineering Institute Conference
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    • 2006.04a
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    • pp.541-548
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    • 2006
  • This study presents a structural cost optimization method for building frame system using high-strength steel members. In, this optimization method, the material cost of steel member is involved in objective function to find the optimal cost of building frame systems. Genetic Algorithm is adopted to optimizer to find structural cost optimization. The proposed adapted to structural design of 3.5 stories example buildings with buildings frame systems. As a result, The proposed optimization method can be effectively adapted to cost optimization of building frame systems using high-strength steel members.

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Optimum design of steel floor system: effect of floor division number, deck thickness and castellated beams

  • Kaveh, A.;Ghafari, M.H.
    • Structural Engineering and Mechanics
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    • v.59 no.5
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    • pp.933-950
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    • 2016
  • Decks, interior beams, edge beams and girders are the parts of a steel floor system. If the deck is optimized without considering beam optimization, finding best result is simple. However, a deck with higher cost may increase the composite action of the beams and decrease the beam cost reducing the total cost. Also different number of floor divisions can improve the total floor cost. Increasing beam capacity by using castellated beams is other efficient method to save the costs. In this study, floor optimization is performed and these three issues are discussed. Floor division number and deck sections are some of the variables. Also for each beam, profile section of the beam, beam cutting depth, cutting angle, spacing between holes and number of filled holes at the ends of castellated beams are other variables. Constraints include the application of stress, stability, deflection and vibration limitations according to the load and resistance factor (LRFD) design. Objective function is the total cost of the floor consisting of the steel profile cost, cutting and welding cost, concrete cost, steel deck cost, shear stud cost and construction costs. Optimization is performed by enhanced colliding body optimization (ECBO), Results show that using castellated beams, selecting a deck with higher price and considering different number of floor divisions can decrease the total cost of the floor.

Concurrent Optimization of Design and Machining Tolerances with Accumulated Scrap Cost Model(ASCM) (누적 재가공 비용 모델을 이용한 설계 및 가공 공차의 동시 최적화)

  • Choe, Min-Seok;Lee, Du-Yong
    • Transactions of the Korean Society of Mechanical Engineers A
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    • v.25 no.3
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    • pp.452-460
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    • 2001
  • Most of researches of tolerance optimization have used a simple sum of tolerance-cost functions with several constraint equations as an optimization model. However, if there is a machining sequence with more than one processes to complete a part, and machining failure, i.e., out-of-tolerance occurs at one of the intermediate processes, the tolerance-cost of this process should be added by the machining cost of all the previous processes already completed on the part. In this study, an accumulated scrap cost model(ASCM) is proposed considering the scrapped machining cost, and applied to a simple assembly example. The result of tolerance optimization using ASCM is compared with that of using a traditional optimization model to confirm its effectiveness.

Evaluation of Optimal Transfer Capability in the Haenam-Jeju HVDC System Based on Cost Optimization

  • Son Hyun-Il;Kim Jin-O;Lee Hyo-Sang;Shin Dong-Joon
    • KIEE International Transactions on Power Engineering
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    • v.5A no.3
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    • pp.303-308
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    • 2005
  • The restructure of the electrical power industry is accompanied by the extension of the electrical power exchange. One of the key pieces of information used to determine how much power can be transferred through the network is known as available transfer capability (ATC). The traditional ATC deterministic approach is based on the severest case and it involves a complex procedure. Therefore, a novel approach for A TC calculation is proposed using cost optimization in this paper. The Jeju Island interconnected HVDC system has inland KEPCO (Korean Electric Power Corporation) systems, and its demand is increasing at the rate of about $\10[%]$ annually. To supply this increasing demand, the capability of the HVDC system must be enlarged. This paper proposes the optimal transfer capability of the HVDC system between Haenam in the inland and Jeju in Cheju Island through cost optimization. The cost optimization is based on generating cost in Jeju Island, transfer cost through Jeju-Haenam HVDC system and outage cost with one depth (N-1 contingency).

Robust EOQ Models with Decreasing Cost Functions (감소하는 비용함수를 가진 Robust EOQ 모형)

  • Lim, Sung-Mook
    • Journal of the Korean Operations Research and Management Science Society
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    • v.32 no.2
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    • pp.99-107
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    • 2007
  • We consider (worst-case) robust optimization versions of the Economic Order Quantity (EOQ) model with decreasing cost functions. Two variants of the EOQ model are discussed, in which the purchasing costs are decreasing power functions in either the order quantity or demand rate. We develop the corresponding worst-case robust optimization models of the two variants, where the parameters in the purchasing cost function of each model are uncertain but known to lie in an ellipsoid. For the robust EOQ model with the purchasing cost being a decreasing function of the demand rate, we derive the analytical optimal solution. For the robust EOQ model with the purchasing cost being a decreasing function of the order quantity, we prove that it is a convex optimization problem, and thus lends itself to efficient numerical algorithms.

Cost effective design of RC building frame employing unified particle swarm optimization

  • Payel Chaudhuri;Swarup K. Barman
    • Advances in Computational Design
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    • v.9 no.1
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    • pp.1-23
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    • 2024
  • Present paper deals with the cost effective design of reinforced concrete building frame employing unified particle swarm optimization (UPSO). A building frame with G+8 stories have been adopted to demonstrate the effectiveness of the present algorithm. Effect of seismic loads and wind load have been considered as per Indian Standard (IS) 1893 (Part-I) and IS 875 (Part-III) respectively. Analysis of the frame has been carried out in STAAD Pro software.The design loads for all the beams and columns obtained from STAAD Pro have been given as input of the optimization algorithm. Next, cost optimization of all beams and columns have been carried out in MATLAB environment using UPSO, considering the safety and serviceability criteria mentioned in IS 456. Cost of formwork, concrete and reinforcement have been considered to calculate the total cost. Reinforcement of beams and columns has been calculated with consideration for curtailment and feasibility of laying the reinforcement bars during actual construction. The numerical analysis ensures the accuracy of the developed algorithm in providing the cost optimized design of RC building frame considering safety, serviceability and constructional feasibilities. Further, Monte Carlo simulations performed on the numerical results, proved the consistency and robustness of the developed algorithm. Thus, the present algorithm is capable of giving a cost effective design of RC building frame, which can be adopted directly in construction site without making any changes.

Tolerance Analysis and Optimization for a Lens System of a Mobile Phone Camera (휴대폰용 카메라 렌즈 시스템의 공차최적설계)

  • Jung, Sang-Jin;Choi, Dong-Hoon;Choi, Byung-Lyul;Kim, Ju-Ho
    • Korean Journal of Computational Design and Engineering
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    • v.16 no.6
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    • pp.397-406
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    • 2011
  • Since tolerance allocation in a mobile phone camera manufacturing process greatly affects production cost and reliability of optical performance, a systematic design methodology for allocating optimal tolerances is required. In this study, we proposed the tolerance optimization procedure for determining tolerances that minimize production cost while satisfying the reliability constraints on important optical performance indices. We employed Latin hypercube sampling for evaluating the reliabilities of optical performance and a function-based sequential approximate optimization technique that can reduce computational burden and well handle numerical noise in the tolerance optimization process. Using the suggested tolerance optimization approach, the optimal production cost was decreased by 30.3 % compared to the initial cost while satisfying the two constraints on the reliabilities of optical performance.

Optimum Life-Cycle Cost Design of Steel Box Girder Bridges Using Collaborative Optimization (협동 최적화 방법을 이용한 강상자형교의 생애주기비용 최적설계)

  • 조효남;민대홍;권우성
    • Proceedings of the Computational Structural Engineering Institute Conference
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    • 2001.10a
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    • pp.201-210
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    • 2001
  • In this study, large-scale distributed design approach for a life cycle cost (LCC) optimization of steel box girder bridges was implemented. A collaborative optimization approach is one of the multidisciplinary design optimization approaches and it has been proven to be best suited for distributed design environment. The problem of optimum LCC design of steel box girder bridges is formulated as that of minimization of the expected total LCC that consists of initial cost maintenance cost expected retrofit costs for strength, deflection and crack. To discuss the possibility of the application for the collaborative optimization of steel box girder bridges, the results of this algorithm are compared with those of single level algorithm. From the numerical investigations, the collaborative optimization approach proposed in this study may be expected to be new concepts and design methodologies associated with the LCC approach.

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Policy Safety Stock Cost Optimization : Xerox Consumable Supply Chain Case Study (정책적 안전재고의 비용 최적화 : 제록스 소모품 유통공급망 사례연구)

  • Suh, Eun Suk
    • Journal of Korean Institute of Industrial Engineers
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    • v.41 no.5
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    • pp.511-520
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    • 2015
  • Inventory, cost, and the level of service are three interrelated key metrics that most supply chain organizations are striving to optimize. One way to achieve this goal is to create a simulation model to conduct sensitivity analysis and optimization on several different supply chain policies that can be implemented in actual operation. In this paper, a case of Xerox global supply chain modeling and analysis to assess several "what if" scenarios for the consumable policy safety stock is presented. The simulation model, combined with analytical cost model and optimization module, is used to optimize the policy safety stock level to achieve the lowest total value chain cost. It was shown quantitatively that the policy safety stock can be reduced, but it is offset by the inbound premium transportation cost to expedite supplies in shortage, and the outbound premium transportation cost to send supplies to customers via express shipment, requiring fine balance.