• 제목/요약/키워드: Cost approach

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Machining Route Selection with Subcontracting Using Genetic Algorithm (와주를 고려한 가공경로 선정에서의 유전알고르즘 접근)

  • 이규용;문치웅;김재균
    • Korean Management Science Review
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    • v.17 no.2
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    • pp.55-65
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    • 2000
  • This paper addresses a problem of machining route selection in multi-stage process with machine group. This problem is considered the subcontracting and the production in-house such as regular and overtime work. the proposed model is formulated as a 0-1 integer programming constraining the avaliable time of each machine for planning period and total overtimes. The objective of the model is to minimize the sum of processing cost, overtime cost, and subcontracting cost. To solve this model, a genetic algorithm(GA) approach is developed. The effectiveness of the proposed GA approach is evaluated through comparisons with the optimal solution obtained from the branch and bound. In results, the same optimal solution is obtained from two methods at small size problem, and the consistent solution is provided by the GA approach at large size problem. The advantage of the GA approach is the flexibility into decision-making process because of providing multiple machining routes.

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Optimal Software Release Using Time and Cost Benefits via Fuzzy Multi-Criteria and Fault Tolerance

  • Srivastava, Praveen Ranjan
    • Journal of Information Processing Systems
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    • v.8 no.1
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    • pp.21-54
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    • 2012
  • As we know every software development process is pretty large and consists of different modules. This raises the idea of prioritizing different software modules so that important modules can be tested by preference. In the software testing process, it is not possible to test each and every module regressively, which is due to time and cost constraints. To deal with these constraints, this paper proposes an approach that is based on the fuzzy multi-criteria approach for prioritizing several software modules and calculates optimal time and cost for software testing by using fuzzy logic and the fault tolerance approach.

INTEGRATED LIFE-CYCLE COST ANALYSIS CONSIDERING ENVIRONMENTAL COSTS: A HIGHWAY PROJECT CASE

  • Woo-Sik Jang;Heedae Park;Sungmin Kim;Seung Heon Han;Jong Seo Jeon
    • International conference on construction engineering and project management
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    • 2011.02a
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    • pp.273-279
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    • 2011
  • Concerns over the environment have spawned a number of research studies in the construction industry, as the construction of built environments and large infrastructures involves diverse environmental impacts and loads of hazardous emissions. Many researchers have attempted to quantify these environmental loads, including greenhouse gases, carbon dioxide, nitrogen dioxide, and sulfur dioxide, to name a few. However, little research has been conducted regarding integrating the life-cycle assessment (LCA) of environmental loads with the current life-cycle cost analysis (LCCA) approach. This study aims to estimate the environmental loads as a monetary value using the European Climate Exchange (ECX) rate and, then, to integrate those impacts with the pure construction cost. Toward this end, this study suggests an integrated approach that takes into account the environmental effect on the evaluation of the life-cycle cost (LCC). The bill of quantity (BOQ) data of a real highway project are collected and analyzed for this purpose. As a result, considering the environmental loads in the pavement process, the total LCC increased 16% from the traditional LCC cost. This study suggests an integrated approach that will account the environmental effect on the LCC. Additionally, this study is expected to contribute to better decision-making, from the perspective of more sustainable development, for government as well as for contractors.

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A Cost Estimation Technique using the PRICE S Model for Embedded Software in Weapon Systems (PRICE S 모델을 이용한 무기체계 내장형 소프트웨어 비용 추정 기법)

  • Shin, Eon-Hee;Kang, Sung-Jin
    • The KIPS Transactions:PartD
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    • v.13D no.5 s.108
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    • pp.717-724
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    • 2006
  • The cost estimation of software is getting more important as the portion of software is increasing in acquiring weapon systems. However, the cost estimation of embedded software in a weapon system follows the cost estimation method for general purpose softwares and uses the PRICE S model as a tool. However, any validation result of the estimated cost through an evaluated software size is not well known. Hence, we propose an approach to estimate the cost through evaluating the embedded software site in weapon systems. In order to achieve our research goal, we evaluate the software size of using the line of codes and function points which are produced by the PRICE S model. Finally, we compare the estimated cost data the actual cost data provided by the production company. As a result, we propose an approach to estimate the size and the cost of embedded software in weapon systems which are not easy to estimate objectively. We also expect that the Proposed approach is used for the cost validation and negotiation in the acquisition of weapon systems in the future.

Comparative Evaluation between Cool Roof and Green Roof in terms of Installation Cost: a Case Study of KNU Campus (설비 투자비용의 관점에서 쿨루프와 옥상녹화의 비교 평가: 경북대학교 캠퍼스 사례를 중심으로)

  • Kim, Jun-Woo;Um, Jung-Sup
    • Journal of Environmental Impact Assessment
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    • v.21 no.6
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    • pp.927-939
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    • 2012
  • Cool roofs are currently being emerged as one of important mechanism to save energy in relation to the building. Although green roof has already gained nation-wide recognition as a typical method of energy saving in the roof, this approach did not provide a realistic evidence that is economically feasible in terms of installation cost. This research is primarily intended to compare installation cost between the two techniques. This research proposes a comparative evaluation framework in a more objective and quantitative way for an installation cost between the two techniques. Kyungpook National University (KNU) was selected as a survey objective and an exhaustive and realistic comparison of installation cost between the two techniques was conducted, based on Life Cycle Cost analysis (initial investment cost, maintenance cost, dismantling and waste disposal expense). It was possible to identify that installation cost of cool roofs is 4.7 times cheaper than that of green roof. Also present value based on probabilistic approach was identified as 0.25 (4.95) higher than the installation cost on the assumption of constant price and interest. It is expected that much more installation cost for the large scale green roof will be required since small-size green roof selected as a survey objective in this study could be operated under less initial installation and maintenance condition.

Markovian Approach of Inspection Policy in a Serial Manufacturing System (Markovian 접근방법을 이용한 직렬생산시스템의 검사정책)

  • 정영배;황의철
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.11 no.17
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    • pp.81-85
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    • 1988
  • This paper presents a model that considers combinations of rework, repair, replacement and scrapping. Policy-Iteration method of inspection is proposed for a serial manufacturing system whose repair cost, scrap cost and inspection cost. when it fails, can be formulated by Markovian approach. Policy-Iteration stops when new inspection policy is the same as previous inspection policy. A numerial example is presented.

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Bayesian Approach for Software Reliability Growth Model with Random Cost

  • Kim Hee Soo;Shin Mi Young;Park Dong Ho
    • Proceedings of the Korean Reliability Society Conference
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    • 2005.06a
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    • pp.259-264
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    • 2005
  • In this paper, we generalize the software reliability growth model by assuming that the testing cost and maintenance cost are random and adopts the Bayesian approach to determine the optimal software release time. Numerical examples are provided to illustrate the Bayesian method for certain parametric models.

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A Study on the Outage Cost Assessment by using Macro Approach (거시적인 접근방법을 통한 공급지장비 추정에 관한 연구)

  • Park, Young-Shin;Jeon, Dong-Hoon;Park, Jeong-Je;Oh, Tae-Gon;Cho, Kyeong-Hee;Choi, Jae-Seok
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.59 no.10
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    • pp.1703-1711
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    • 2010
  • Electric power utilities are facing increasing uncertainties regarding the economic, political, societal, environmental constraints under they operate and plan their future systems. The utilities have to integrate consumers' interruption cost representing reliability worth of electricity into the process of determining the optimum investment level. In order to do so, the estimated outage cost must be included into quantitative index corresponding to system capital and operation investment cost to establish an optimal expansion plan. This paper is a study on the outage cost assessment by using macro approach for calculating IEAR(Interrupted Energy Assessment Rates) and the TRELSS(Transmission Reliability Evaluation for Large-Scale Systems) program was used to calculate EENS(Expected Energy Not Served).

Evaluation of Manufacturing Cost Considering Reliability of Manufacturing facilities (설비 신뢰성을 고려한 제조경비 평가)

  • Lee, Jee-Koo
    • Transactions of the Korean Society of Machine Tool Engineers
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    • v.13 no.1
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    • pp.28-34
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    • 2004
  • In this study, new way of evaluating manufacturing cost Is organized and applied. In real manufacturing circumstances, tolerances of parts and assemblies are closely related to the cost. Several researches have been tried to identify the relations and set models. Moreover tolerances have influences on the maintenance of the manufacturing facilities. However Past researches have not considered the processing cost for the failed products. Therefore maintenance costs are represented as stochastic expressions, which include reliability of assembly and facilities. The stochastic nature of the maintenance cost is modeled and solved using Markov chain approach. Results show that this approach gives reliable estimations with remarkable computing time reduction.

SCTTS: Scalable Cost-Time Trade-off Scheduling for Workflow Application in Grids

  • Khajehvand, Vahid;Pedram, Hossein;Zandieh, Mostafa
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.7 no.12
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    • pp.3096-3117
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    • 2013
  • To execute the performance driven Grid applications, an effective and scalable workflow scheduling is seen as an essential. To optimize cost & makespan, in this paper, we propose a Scalable Cost-Time Trade-off (SCTT) model for scheduling workflow tasks. We have developed a heuristic algorithm known as Scalable Cost-Time Trade-off Scheduling (SCTTS) with a lower runtime complexity based on the proposed SCTT model. We have compared the performance of our proposed approach with other heuristic and meta-heuristic based scheduling strategies using simulations. The results show that the proposed approach improves performance and scalability with different workflow sizes, task parallelism and heterogeneous resources. This method, therefore, outperforms other methods.