• Title/Summary/Keyword: optimum cost

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Lifetime Reliability Based Life-Cycle Cost-Effective Optimum Design of Steel Bridges (생애 신뢰성에 기초한 강교의 LCC최적설계)

  • Lee, Kwang Min;Cho, Hyo Nam;Cha, CheolJun;Kim, Seong Hun
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.26 no.1A
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    • pp.75-89
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    • 2006
  • This paper presents a practical and realistic Life-Cycle Cost (LCC) optimum design methodology of steel bridges considering time effect of bridge reliability under environmental stressors such as corrosion and heavy truck traffics. The LCC functions considered in the LCC optimization consist of initial cost, expected life-cycle maintenance cost and expected life-cycle rehabilitation costs including repair/replacement costs, loss of contents or fatality and injury losses, road user costs, and indirect socio-economic losses. For the assessment of the life-cycle rehabilitation costs, the annual probability of failure which depends upon the prior and updated load and resistance histories should be accounted for. For the purpose, Nowak live load model and a modified corrosion propagation model considering corrosion initiation, corrosion rate, and repainting effect are adopted in this study. The proposed methodology is applied to the LCC optimum design problem of an actual steel box girder bridge with 3 continuous spans (40 m+50 m+40 m=130 m), and various sensitivity analyses of types of steel, local corrosion environments, average daily traffic volume, and discount rates are performed to investigate the effects of various design parameters and conditions on the LCC-effectiveness. From the numerical investigation, it has been observed that local corrosion environments and the number of truck traffics significantly influence the LCC-effective optimum design of steel bridges, and thus realized that these conditions should be considered as crucial parameters for the optimum LCC-effective design.

Optimal Optional Two-Part Tariffs for Telecommunication Services (정보통신서비스의 최적선택이부요금)

  • Oh, Hyung-Sik
    • Journal of Korean Institute of Industrial Engineers
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    • v.20 no.3
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    • pp.55-63
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    • 1994
  • Optional two-part tariffs are in growing use in telecommunication services markets. This paper considers the problem of designing profit-maximizing optional two-part tariffs for heterogeneous user groups. It is shown that, at an optimum, one of usage charges among a set of optional two-part tariffs should be made equal to marginal cost. It is also shown that, if demand curves cross, then one of usage charges at the optimum can be below marginal cost. An example with linear demand functions is given to illustrate the important features of optimal two-part tariffs.

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A Study on the Estimation Analysis Methodology of the Optimum Economic Life-Span of Buildings (건축물의 최적 경제수명 추정분석 방법론에 관한 연구)

  • Choi, Jun-Young
    • Journal of the Korean Society of Industry Convergence
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    • v.6 no.3
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    • pp.223-230
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    • 2003
  • Generally, the life-span of a multi-housing complex is over 50 years, but in reality they are usually demolished after 20 years in spite of its remaining life expectancy. Thus, this research focuses on the estimation of the optimum economic life-span of a multi-housing complex. To estimate the minimum total cost point of start to finish of a multi-housing complex, we'll apply MAPI(Machinery and Allied Product Institute) and LCC(Life Cycle Cost) theory.

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A Study on the Economical Design of Apartment House (경제적인 아파트 설계에 대한 연구)

  • 강문영
    • Proceedings of the Korea Concrete Institute Conference
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    • 1995.04a
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    • pp.378-384
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    • 1995
  • This paper descrides on the economical design of apartment house. * The optimal problems are made by considering the objective function which minimize the construction cost of frame. * The object functions are taken as the codfficient equations of the cost function for a unit area. * Constraints are the design limits defined by the ultimate flexural strength, the ultimate shear strength. the minimum thickness, and the ratio of steel in accordance with ACI 318-89 Code. * Optimization is achieved by optimum nonlinear GINO(General interactive Optimizer)program. In design examples, it is compared with the optimum design results of apartment house and underground parking lot for structural systems.

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A Paradox in an Indefinite Quadratic Transportation Problem

  • Arora, S.R.;Khurana, Archana
    • Management Science and Financial Engineering
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    • v.7 no.2
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    • pp.13-30
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    • 2001
  • This paper discusses a paradox in an Indefinite Quadratic transportation Problem. Here, the objective function is the product of two linear functions. A paradox arises when the transportation problem admits of a total cost which is lower than the optimum cost, by transporting larger quantities of goods over the same route. A sufficient condition for the existence of a paradox is established. Paradoxical Range of flow is obtained for any given flow in which the corresponding objective function value is less than the optimum value of the given transportation problem. It is illustrated with the help of a numerical example.

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Optimum Free Warranty Interval for Repairable Items (수리가능한 아이템의 최적무상보증기간)

  • 정영배
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.21 no.45
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    • pp.301-307
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    • 1998
  • This paper proposes free warranty interval for repairable items when the failure types of item are considered. Failure types are classified into major failure and minor failure. If major failure occurs during warranty period, the item is replaced and if minor failure occurs during warranty period, the item is minimally repaired. This paper determines the optimum free warranty interval which minimizes total expected cost of the free warranty cost model. Numerical example is shown in which failure time of item has weibull distribution.

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A Study on Preliminary Design of Warships by Economic Evaluation (경제성 평가에 의한 군함의 초기설계에 관한 연구)

  • Shin, Soo-Chul
    • Journal of the Society of Naval Architects of Korea
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    • v.45 no.2
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    • pp.221-228
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    • 2008
  • This paper describes to determine optimum main particulars of warships which satisfy user's requirements in a concept design stage with minimum construction cost and maximum transportation efficiency. Present worth was used as an assessment criteria of the economical efficiency. And Pareto optimal set was used to have the optimum design.

Bilevel-programming based failure-censored ramp-stress ALTSP for the log-logistic distribution with warranty cost

  • Srivastava, P.W.;Sharma, D.
    • International Journal of Reliability and Applications
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    • v.17 no.1
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    • pp.85-105
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    • 2016
  • In this paper accelerated life testing is incorporated in quality control technique of acceptance sampling plan to induce early failures in high reliability products.Stress under accelerated condition can be applied in constant-stress, step-stress and progressive-stress or combination of such loadings. A ramp-stress results when stress is increased linearly (from zero) with time. In this paper optimum failure-censored ramp-stress accelerated life test sampling plan for log-logistic distribution has been formulated with cost considerations. The log-logistic distribution has been found appropriate for insulating materials. The optimal plans consist in finding optimum sample size, sample proportion allocated to each stress, and stress rate factor such that producer's and consumer's interests are safeguarded. Variance optimality criterion is used when expected cost per lot is not taken into consideration, and bilevel programming approach is used in cost optimization problems. The methods developed have been illustrated using some numerical examples, and sensitivity analyses carried out in the context of ramp-stress ALTSP based on variable SSP for proportion nonconforming.

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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An optimum algorithm for the economical construction of underground pipe-lines (지중배전공사의 경제적 시공을 위한 관로배열 최적화 알고리즘)

  • Cho, Seong-Soo;Kim, Jae-Hoon;Lee, Won-Young;Han, Sang-Ok
    • Proceedings of the KIEE Conference
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    • 2004.05b
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    • pp.183-185
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    • 2004
  • Despite high cost, the underground power distribution system has been preferred by utilities and customers due to its stability and good living environment. Utilities, however, are burdened with the cost of installation as the service region of underground power system is getting enlarged. In this paper, a design method is proposed in order to reduce the construction cost of underground distribution system. That is an optimum algorithm, which can increase the total number of pipes in a limited space compared with a conventional design method. As a result, the proposed design method can reduce efficiently the construction cost of underground distribution system.

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