• Title/Summary/Keyword: overall cost method

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A Cost Model for an Activity in Ship Production (선박 건조의 생산단위에 대한 Cost Model)

  • Jeong-Je Kim
    • Journal of the Society of Naval Architects of Korea
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    • v.28 no.1
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    • pp.197-205
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    • 1991
  • A methodology of constructions a mathematical cost model for an activity constituting ship hull assembly process is proposed. The relationship between number of workers and processing time required for an activity can be formulated using an work study method, then manhours and shop floor area-hours required are calculated accordingly. The costs for unit manhour and unit shop floor area-hour respectively are calculated by distributing the overall annual cost of the company to the overall production resources consummed during the year. A general procedure of implementing the methodology has been demonstrated through a test on an exampled activity drawn from a real process.

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A study on the optimal design for heat insulation of hot water piping systems using a dynamic programming (동적계획법을 이용한 고온수배관의 최적보온설계에 관한 연구)

  • 유희한;하주식
    • Journal of Advanced Marine Engineering and Technology
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    • v.11 no.1
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    • pp.39-52
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    • 1987
  • Recently, the design problem of heat insulation have been reappraised in the aspect of energy saving due to the rising trend of energy cost. For example, that design problem is increasingly requsted in the fields of accommodation air conditioning systems, hot water supply systems, cargo handling systems, district heating or cooling systems. The rational design of heat insulation of piping systems can not only improve the overall efficiency of energy transfer but also give energy saving. In this paper, the heat insulation problem of district heating systems is therefore modeled as the multi-stage decision processes, suitable for dynamic programming technique. And take the object function as the sum of heat insulation material cost involved construction cost and heat loss cost, and propose the design method to minimize the object function for overall piping systems by dynamic programing. Effectiveness of design method presented here is proved by a computer simulation.

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Determination of Number of AGVs in Multi-path Systems By Using Genetic Algorithm (GA를 이용한 다중루프 시스템의 AGV 대수 결정 문제)

  • 김환성;이상훈
    • 제어로봇시스템학회:학술대회논문집
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    • 2000.10a
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    • pp.299-299
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    • 2000
  • In this paper, a determination method of number of AGVs fer introducing to the multi-path material handling systems is presented by using genetic algorithm. For serving the raw material to each work stations automatically, there needs to introduce a AGVs for transfer the raw martial. To reduce the overall production cost in the material handling systems, however, a trade off exists between the amount of inventory hold on the shop floor and the number of AGVs needed to provide adequate service. In this paper, firstly a objective function which included the net present fixed costs of each stations and each purchased AGVs, delivering cost. stock inventory cost, and safety stock inventory cost is presented. Secondly by using genetic algorithm, the optimal reorder quantity at each stations is decided, where the number of AGVs is increased step by step. From a simulation with different GA parameters, we can determine a optimal number of AGVs to reduce the overall production cost. Thus, the effectiveness of GA for determining the number of AGVs is verified in automated material handling systems.

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Survey of Corrosion Cost in China and Preventive Strategies

  • Ke, Wei;Li, Zhiqiang
    • Corrosion Science and Technology
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    • v.7 no.5
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    • pp.259-264
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    • 2008
  • A national consultative project entitled "corrosion cost survey in China and preventive strategies" was funded by the Chinese Academy of Engineering in 1998. Soon afterwards, an expert group was organized jointly by the Institute of Metal Research, CAS and Chinese Society of Corrosion and Protection. The report on corrosion cost survey in China was published in 2003. According to this report the overall annual corrosion cost in China estimated by the Uhlig Method and Hoar Method at 1997-2001 was found to be 200.7 billion Yuan RMB and 228.8 billion Yuan RMB respectively, which is equivalent to 2% of the gross national product of China. However the total cost of corrosion including the direct and indirect cost was estimated to be more than 500 billion Yuan RMB per year in China. Among them, corrosion cost of infrastructure ranked in first comparing with other sectors. Although corrosion costs in some sectors, such as electric power, petrochemical, oil pipeline and railway in China has reduced in the past years, significant losses are still being encountered in most sectors of industries and cost-effective methods have not always been implemented. Both successful and unsuccessful cases in corrosion control and corrosion management were collected. As the investment in capital construction continues increasing rapidly in China, the maintenance and life extension of the infrastructures will become a big issue. The preventive strategies have been suggested

The Economic Comparison of EHP and GHP for Medium Capacity Air-conditioning (중용량 공조에서 EHP와 GHP의 경제성 비교)

  • Kim, Young-Il
    • Korean Journal of Air-Conditioning and Refrigeration Engineering
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    • v.20 no.3
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    • pp.167-174
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    • 2008
  • Cost related to building equipment accounts for about 85% of the life cycle cost of buildings. Therefore proper selection of air-conditioning system is important for reducing the overall cost of buildings. In this study, medium capacity EHP and GHP for air-conditioning a building with a floor area of 1,200 $m^2$ are compared economically. To consider all the factors of initial and operation costs effectively, an annual equal payment method is proposed. For the initial cost, cost of equipment, construction, installation, electric facility, financial subsidy and tax cut is considered. Cost of basic electricity, energy(electricity and gas), space charge, labor, insurance and repair is considered for the operation cost. Under the assumptions made in this study, overall cost of EHP is less than that of GHP, but this is not absolute and different outcome may result if different assumptions are made. This study is useful for those who are interested in choosing an air-conditioning system that costs less for mid-size buildings with simple calculations.

A Method for Determining Appropriate Maintenance Intervals of Equipments in Thermal Power Stations

  • Nakamura, Masatoshi;Katafuchi, Tatsuro;Hatazaki, Hironori
    • 제어로봇시스템학회:학술대회논문집
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    • 1998.10a
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    • pp.312-317
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    • 1998
  • Reliable maintenance scheduling of main equipments is a crucial problem in thermal power stations in order to skirt overall losses of power generation resulted from severe failures of the equipments. A reasonable method was proposed to determine the maintenance scheduling of whole pump system in thermal power stations in order to reduce the maintenance cost by keeping the present avail-ability of the pump system throughout the operation. The dimensional reduction method was used to solve problems encountered due to few data which involved many operational factors in failure rate of pumps. The problem of bandlimited nature of data with time was solved by extrapolating future failures from presently available actual data with an aid of Weibull distribution. The results of the analysis identified the most suitable maintenance intervals of each pump type accordingly and hence reduce the cost of unnecessary maintenance with an acceptable range in the overall system availability.

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Estimating the Economic Value of the East Sea Beach Using Individual Travel Cost Method (개별여행비용법(TCM)을 이용한 동해안 해수욕장의 경제적 가치추정)

  • Pyo, Heedong
    • Ocean and Polar Research
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    • v.39 no.1
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    • pp.51-59
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    • 2017
  • The purpose of this paper is to estimate the economic value of beaches which are the major part of the East Sea Coast. ITCM (Individual Travel Cost Method) is applied to estimate the economic value of its beaches using Poisson, negative binomial, truncated Poisson and truncated negative binomial models. The consumer surplus during length of stay per capita is 214,088 won in beaches overall on the East Sea Coast, 206,398 won in Gangwon-do beaches and 271,171 won in Gyeongbuk/Ulsan beaches. Annual total economic value of its beaches considering the number of visitors at beaches is 6,269 billion won (3,970 billion won in Kangwondo beaches, 2,299 billion won in Kyungbuk/Ulsan beaches).

Corrosion Cost Survey in Japan - Focusing on Transportation Industry -

  • Kodama, Toshiaki
    • Corrosion Science and Technology
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    • v.7 no.5
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    • pp.252-258
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    • 2008
  • The Committee on the Cost of Corrosion in Japan was organized in 1999 jointly by the Japan Society of Corrosion Engineering (JSCE) and the Japan Association of Corrosion Control (JACC). Corrosion cost as of FY1997 was estimated based on the Uhlig and Hoar methods similarly to that conducted in 1974. The estimated corrosion cost of 1997 was compared with that reported for 1974 with speculation on the change in industrial environment. The overall costs estimated by the Uhlig and Hoar methods for 1997 were 3,938 billion yen and 5,258 billion yen, respectively, which were equivalent to 0.77% and 1.02% of the GNP of Japan. The process of organization formation, procedures for analyses and the results of cost evaluation were described by adjusting a focus on transportation industry.

Case-Based Reasoning Cost Estimation Model Using Two-Step Retrieval Method

  • Lee, Hyun-Soo;Seong, Ki-Hoon;Park, Moon-Seo;Ji, Sae-Hyun;Kim, Soo-Young
    • Land and Housing Review
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    • v.1 no.1
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    • pp.1-7
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    • 2010
  • Case-based reasoning (CBR) method can make estimators understand the estimation process more clearly. Thus, CBR is widely used as a methodology for cost estimation. In CBR, the quality of case retrieval affects the relevance of retrieved cases and hence the overall quality of the reminding capability of CBR system. Thus, it is essential to retrieve relevant past cases for establishing a robust CBR system. Case retrieval needs the following tasks to obtain appropriate case(s); indexing, search, and matching (Aamodt and Plaza 1994). However, the previous CBR researches mostly deal with matching process that has limits such as accuracy and efficiency of case retrieval. In order to address this issue, this research presents a CBR cost model for building projects that has two-step retrieval process: decision tree and nearest neighbor methods. Specifically, the proposed cost model has indexing, search and matching modules. Features in the model are divided into shape-based and scale-based attributes. Based on these, decision tree is established for facilitating the search task and nearest neighbor method was utilized for matching task. In regard to applying nearest neighbor method, attribute weights are assigned using GA optimization and similarity is calculated using the principle of distance measuring. Thereafter, the proposed CBR cost model is developed using 174 cases and validated using 12 test cases.

Strategy for Task Offloading of Multi-user and Multi-server Based on Cost Optimization in Mobile Edge Computing Environment

  • He, Yanfei;Tang, Zhenhua
    • Journal of Information Processing Systems
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    • v.17 no.3
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    • pp.615-629
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    • 2021
  • With the development of mobile edge computing, how to utilize the computing power of edge computing to effectively and efficiently offload data and to compute offloading is of great research value. This paper studies the computation offloading problem of multi-user and multi-server in mobile edge computing. Firstly, in order to minimize system energy consumption, the problem is modeled by considering the joint optimization of the offloading strategy and the wireless and computing resource allocation in a multi-user and multi-server scenario. Additionally, this paper explores the computation offloading scheme to optimize the overall cost. As the centralized optimization method is an NP problem, the game method is used to achieve effective computation offloading in a distributed manner. The decision problem of distributed computation offloading between the mobile equipment is modeled as a multi-user computation offloading game. There is a Nash equilibrium in this game, and it can be achieved by a limited number of iterations. Then, we propose a distributed computation offloading algorithm, which first calculates offloading weights, and then distributedly iterates by the time slot to update the computation offloading decision. Finally, the algorithm is verified by simulation experiments. Simulation results show that our proposed algorithm can achieve the balance by a limited number of iterations. At the same time, the algorithm outperforms several other advanced computation offloading algorithms in terms of the number of users and overall overheads for beneficial decision-making.