• Title/Summary/Keyword: minimal cost

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Cost Analysis of a Stepdown Warranty Policy

  • Kim, Won Joong;Yi, Keun Heui
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.10 no.15
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    • pp.23-32
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    • 1987
  • This paper proposes a stepdown warranty policy: the warranty period consists of subintervals where the manufacturer's compensation is constant for warranty failures and decreases with the subinterval's number. Manufacturer's unit warranty cost is analyzed for both irrepairable and repairable products. we assume that only minimal repairs are performed for repairable items. Comparison with the free replacement polity indicates that the proposed policy has a longer warranty period if tile warranty reserves are the same and that manufacturer`s unit warranty cost is smaller if the warranty periods are tile same. Some numerical examples are also given.

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Compensation of Resistance Variation due to Temperature in Voltage Measurement System (온도에 따른 저항 변화를 보상한 전압 측정 방법)

  • Min, Sang-Jun;Kim, Jin-Sung
    • Journal of the Korean Society for Precision Engineering
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    • v.29 no.11
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    • pp.1174-1177
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    • 2012
  • In voltage measurement by using voltage divider with series resistors, error is generated caused by the variation of resistance. In order to reduce these errors, the hardware cost tends to increase in the previous works. In the proposed method, three resistors are used for the voltage divider of which the organization is adjusted by using switches. Three voltages are measured and the ratio of resistance is calculated based on the measured voltages. Since the resistance ratio is calculated by measuring voltages and additional hardware cost is minimal, the voltage can be measured with high accuracy and low cost. Experimental results show that the mean absolute error is 12.1 mV when the input voltage ranges from 5 V to 50 V.

Decision Method on Target Safety Level in Suspension Bridges by Minimization of Life Cycle Cost (생애주기비용의 최소화에 의한 현수교의 목표안전수준 결정방법)

  • Bang, Myung-Seok
    • Journal of the Korean Society of Safety
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    • v.24 no.2
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    • pp.62-68
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    • 2009
  • Life Cycle Cost(LCC) is adopted to decide the target of safety level in designing suspension bridges. The LCC are evaluated considering two types of uncertainty; aleatory and epistemic. The nine alternative designs of suspension bridge are simulated to decide the safety level which can minimize the LCC. The LCC is calculated through the probability of failure and safety index including the uncertainty. This method results in the useful tool deciding the optimum safety level with minimal LCC as the main design factor.

An Algorithm for Single Machine Scheduling Using The Control of Machining Speed (단일공정에서의 가공속도 조절에 의한 생산일정계획)

  • 박찬웅
    • Journal of the military operations research society of Korea
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    • v.24 no.2
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    • pp.162-169
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    • 1998
  • This study presents an single machine scheduling algorithm minimize lateness of product by controlling machining speed. Generally, production scheduling uses the information of process planning. But the production scheduling algorithm has not considered the control of machining speed in its procedures. Therefore, the purpose of this study is to consider the machining speed in production scheduling algorithm for efficient production scheduling. Machining time and machining cost required to manufacture a piece of a product are expressed as a unimodal convex function with respect to machining speed, so it has minimal point at minimum time speed or the minimum cost speed. Therefore, because of considering the machining cost, the control of machining speed for the algorithm is executed between minimum speed and maximum speed. An example is demonstrated to explain the algorithm.

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Control system modeling of stock management for civil infrastructure

  • Abe, Masato
    • Smart Structures and Systems
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    • v.15 no.3
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    • pp.609-625
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    • 2015
  • Management of infrastructure stock is essential in sustainability of society, and its analysis and optimization are studied in the light of control system modeling in this paper. At the first part of the paper, cost of stock management is analyzed based on macroscopic statistics on infrastructure stock and economical growth. Stock management burden relative to economy is observed to become larger at low economic growth periods in developed economies. Then, control system modeling of stock management is introduced and by augmenting maintenance actions as control input, dynamic behavior of stock is simulated and compared with existing time history statistics. Assuming steady state conditions, applicability of the model to cross sectional data is also demonstrated. The proposed model is enhanced so that both preventive and corrective maintenance can be included as system inputs, i.e., feedforward and feedback control inputs. Optimal management strategy to achieve specified deteriorated stock level with minimal cost, expressed in terms of preventive and corrective maintenance actions, is derived based on estimated parameter values for corrosion of steel bridges. Relative cost effectiveness of preventive maintenance is shown when target deteriorated stock level is lower.

A Study on Evaluation of Optimal Replacement Period by Reliability Prediction for the Door Control Relay of EMU (전동차 출입문제어 계전기의 신뢰도예측을 통한 적정 교체주기 연구)

  • Han, Jaehyun;Kim, JongWoon;Koo, JeongSeo
    • Journal of the Korean Institute of Illuminating and Electrical Installation Engineers
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    • v.28 no.7
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    • pp.34-40
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    • 2014
  • In this paper, we want to know the optimal replacement cycle(time) for this study was performed. The optimal preventive replacement age can be fond by finding the value of time that minimizes the cost function(model of Barlow and Jardine). In addition, The reliability of the relay according to the service environment were studied. The use of the exchange relay period is longer, and maintenance cost rate(per hour) may increase, and also the reliability may cause a decline. In addition, considering the preventive maintenance and purchase order, a representative relay(RAX-L440-A type) life was calculated.

Developing a Non-Periodic Preventive Maintenance Model Guaranteeing the Minimum Reliability (최소 신뢰도를 보장하는 비 주기적 예방보전 모형 개발)

  • Lee, Juhyun;Ahn, Suneung
    • Journal of Applied Reliability
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    • v.18 no.2
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    • pp.104-113
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    • 2018
  • Purpose: This paper proposes the non-periodic preventive maintenance policy based on the level of cumulative hazard intensity. We aim to construct a cost-effectiveness on the proposed model with relaxing the constraint on reliability. Methods: We use the level of cumulative hazard intensity as a condition variable, instead of reliability. Such a level of cumulative hazard intensity can derive the reliability which decreases as the frequency of preventive maintenance action increases. We also model the imperfect preventive maintenance action using the proportional age setback model. Conclusion: We provide a numerical example to illustrate the proposed model. We also analyze how the parameters of our model affect the optimal preventive maintenance policy. The results show that as long as high reliability is guaranteed, the inefficient preventive maintenance action is performed reducing the system operation time. Moreover, the optimal value of the proposed model is sensitive to changes in preventive maintenance cost and replacement cost.

Development and Performance Evaluation of a Car Assignment and Routing Algorithm for Reducing Transportation Cost in a Logistics System (물류시스템에서 운송비를 줄이기 위한 차량 할당 및 경로 설정 알고리즘 개발 및 성능평가)

  • 조병헌
    • Journal of the Korea Society for Simulation
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    • v.8 no.3
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    • pp.91-103
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    • 1999
  • This paper proposes an algorithm which reduces transportation cost while goods are delivered in time in a logistics system. The logistics system assumed in this paper is the system in which multiple cars moves various goods from spatially distributed warehouses to stores. For reducing transportation cost, the car assignment algorithm which allocates goods to minimal cars employs the BF method; routing of each car is modelled as the TSP and is solved by using the genetic algorithm. For evaluating the proposed algorithm, the logistics system is modelled and simulated by using the DEVS formalism. The DEVS formalism specifies discrete event systems in a hierarchical, modular manner. During simulation, each car is modelled as a message and traverses warehouse and stores. When a car arrives at a warehouse or a store, predetermined amount of goods are loaded or unloaded. The arrival time and departure time of cars are analyzed and eventually whether goods are delivered in the desired time bound is verified.

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A Low-cost Optimization Design for Minimizing Chromatic Aberration by Doublet Prisms

  • Sun, Wen-Shing;Tien, Chuen-Lin;Sun, Ching-Cherng;Lee, Ching-Chun
    • Journal of the Optical Society of Korea
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    • v.16 no.4
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    • pp.336-342
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    • 2012
  • A low-cost optimal double-prism method is proposed by using the developed MATLAB program to correct chromatic aberration. We present an efficient approach to choose a couple of low-cost glasses to obtain a low aberration double prism. The doublet prisms were made of two lead-free glasses. The relative partial dispersion of the two lead-free glasses is identical and their Abbe numbers are different greatly. The proposed design aims to minimize chromatic aberration, such as in apochromats, for paraxial ray tracing. Finally, an optimization design for real ray tracing can be evaluated by the chromatic aberration curve with a minimal area.

Maintenance Model for Multi-Component System Considering Failure Types (고장형태(故障形態)를 고려한 다부품장비(多部品裝備)의 보전모형(保全模型))

  • Jeong, Yeong-Bae
    • Journal of Korean Society for Quality Management
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    • v.18 no.2
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    • pp.33-42
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    • 1990
  • This paper proposes the maintenance model of multi-component system when the failure characteristics and types of components are considered. In this model, it is assumed that a system is composed of a critical component, a major component and a minor component. Also, failure types is classified into major failure and minor failure. If major failure occurs to critical component before system age replacement time, the system is renewed. If major failure does not occur until its age replacement time, preventive maintenance is performed at age replacement time T. Minimal repairs are carried out after each minor failure. Major component is minimal-repaired if any failure is discovered during operation. Minor component should be replaced as soon as any failure is found. This paper determines the optimal replacement time of the system which minimizes total maintenance cost. Numerical example illustrates these results.

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