• Title/Summary/Keyword: Cost item

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Block 대체정책에 관한 연구

  • Bae, Mun-Sik
    • ETRI Journal
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    • v.6 no.3
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    • pp.17-20
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    • 1984
  • A block replacement policy using items with different reliability is discussed. We devide system unit failure modes into two modes and use less reliable unit when operating unit fails near the planned preventive replacement time. In this policy, item A has two failure modes. Mode-1 failure is removed by minimal repair, mode-2 failure by replacement. If mode-2 failure of item A happens in (0,T- $\delta$). failure item A is replaced by new item A. If mode-2 failure of item A happens in(T-$\delta$,T), failure item A is replaced by new item B. Item B should be cheaper and less durable than item A. Under this policy, we determine the preventive replacement interval T and the interval $\delta$ of item B replacement which minimize the cost rate per unit time.

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Condition based age replacement policy of used item

  • Lim, J.H.;Lipi, T.F.;Zuo, M.J.
    • International Journal of Reliability and Applications
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    • v.12 no.2
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    • pp.131-143
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    • 2011
  • In most of literatures of age replacement policy, the authors consider the case that a new item starts operating at time zero and is to be replaced by new one at time T. It is, however, often to purchase used items because of the limited budget. In this paper, we consider age replacement policy of a used item whose age is $t_0$. The mathematical formulas of the expected cost rate per unit time are derived for both infinite-horizon case and finite-horizon case. For each case, we show that the optimal replacement age exists and is finite and investigate the effect of the age of the used item.

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A Note on Age Replacement Policy of Used Item at Age $t_0$

  • Lim, J.H.
    • International Journal of Reliability and Applications
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    • v.10 no.1
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    • pp.33-42
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    • 2009
  • In most of literatures of age replacement policy, the authors consider the case that a new item starts operating at time zero and is to be replaced by new one at time T. It is, however, often to purchase used items because of the limited budget. In this paper, we consider age replacement policy of a used item whose age is $t_0$. The mathematical formulas of the expected cost rate per unit time are derived for both infinite-horizon case and finite-horizon case. For each case, we show that the optimal replacement age exists and is finite and investigate the effect of the age of the used item.

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A Cost Analysis Model of Minimal-Repairable Items in Free Replacement under the Periodic Maintenance Policy (정기보전제도에서 응급수리제품에 대한 무상수리 적용의 비용분석 모델)

  • 김재중;김원중;조남호
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.19 no.39
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    • pp.89-98
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    • 1996
  • This paper is concerned with cost analysis model in free -replacement policy under the periodic maintenance policy The free-replacement policy with minimal repairable item is considered as follows; in a manufacturer's view point operating unit is periodically replaced, if a failure occurs between minimal repair and periodic maintenance time, unit is remained in a failure condition. Also unit undergoes minimal repair at failures in minimal-repair interval. Then total expected cost per unit time is calculated according to maintenance period Tin a viewpoint of consumer's. The expected costs are included repair cost and usage cost: operating, fixed, minimal repair and loss cost. Numerical example is shown in which failure time of item has beta distribution.

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A Study on the Classification of Uninsured Cost Occurrence (비보험비용의 발생 단계 분류에 관한 연구)

  • Lee, Tae-Yeong;Lee, Jong-Bin;Chang, Seong-Rok
    • Journal of the Korean Society of Safety
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    • v.23 no.6
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    • pp.158-163
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    • 2008
  • Although prior researches have been investigated the impact of insured cost(direct cost) on employers and employees, little work has attempted to categorize the items of unsecured cost(indirect cost) by accidents. On this basis, the goal of this study was to achieve a better understanding of the nature of accident cost of unsecured cost. Specifically, this study aimed to categorize the unsecured cost items according to the domestic industry circumstances and use these results for a basis of other accident cost related studies. The results of this study are as follows: (1) accident development steps were categorized as twelve items for improved management according to each step of accident development (2) the points of occurrence and termination of the unsecured cost were identified for the improved management according to each step of accident development and (3) characteristics of each item in unsecured cost were studied and identified for a better control of accident costs. These results provide a basis for further researches on the unsecured cost.

A Model for Production Planning in a Multi-item Production System -Multi-item Parametric Decision Rule- (다품목(多品目) 생산체제(生産體制)의 생산계획(生産計劃)을 위한 모델)

  • Choe, Byeong-Gyu
    • Journal of Korean Institute of Industrial Engineers
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    • v.1 no.2
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    • pp.27-38
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    • 1975
  • This paper explores a quantitative decision-making system for planning production, inventories and work-force in a multi-item production system. The Multi-item Parametric Decision Rule (MPDR) model, which assumes the existence of two types of linear feed-back rules, one for work-force level and one for production rates, is basically an extension of the existing method of Parametric Production Planning (PPP) proposed by C.H. Jones. The MPDR model, however, explicitly considers the effect of manufacturing progress and other factors such as employee turn-over, difference in work-days between month etc., and it also provides decision rules for production rates of individual items. First, the cost relations of the production system are estimated in terms of mathematical functions, and then decision rules for work-force level and production rates of individual items are establised based upon the estimated objective cost function. Finally, a direct search technique is used to find a set of parameters which minimizes the total cost of the objective function over a specified planning horizon, given estimates of future demands and initial values of inventories and work-force level. As a case problem, a hypothetical decision rule is developed for a particular firm (truck assembly factory).

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Preventive Replacement Models Based on Substitutive Characteristics (대용특성을 이용한 예방정비모형)

  • Gu, Ja-Hang;Kim, Won-Jung;Jang, Jung-Sun
    • Journal of Korean Society for Quality Management
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    • v.20 no.1
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    • pp.59-67
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    • 1992
  • This paper deals with preventive replacements models for the item whose failures are dependent on their wear level. When measuring the item wear level is very costly, it may be economical to use substitutive characteristics that are correlated with the item wear level and relatively inexpensive to measure. In this paper, replacement policies based on such substitutive characteristics are proposed. The optimal level of substitutive characteristic to replace the item, which minimizes total cost, is obtained. Some numerical examples are also given.

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An Economic Variables Sampling Plan with Multi-Decision Alternatives (다결정(多決定) 대안(代案)을 갖는 경제적(經濟的) 계량형(計量型) 샘플링검사방식(檢査方式))

  • Bai, Do-Sun;Hong, Sung-Hoon
    • Journal of Korean Institute of Industrial Engineers
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    • v.17 no.1
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    • pp.1-8
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    • 1991
  • For situations where there are several markets for a product with different profit/cost structures, an economic variables sampling plan is developed for determining the market to ship the lots to. It is assumed that the quality characteristic X is normally distributed with known variability and unknown mean having a normal prior distribution. Profit models are constructed which involve four profit/cost components ; profit from a conforming item, inspection cost, replacement cost, and cost from an accepted nonconforming item. Methods of finding optimal sampling plan are presented and a numerical example is given.

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WEB FRONT-END COMPUTING RELATIONAL DATABASE SYSTEM FOR ITEM-LEVEL PRELIMINARY HIGHWAY COST ESTIMATES

  • Jui-Sheng Chou ;James T. O'Connor ;Khali R. Persad ;Wai Kiong Chong
    • International conference on construction engineering and project management
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    • 2005.10a
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    • pp.509-514
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    • 2005
  • In recent years, use of the web technologies and on-line process has immensely swapped single-user platform practice. This study attempted to develop preliminary cost estimating program by means of Web technologies based on statistical modeling results. A prototype Web-based Preliminary Item-Level Cost Estimating System (WBPILCES) using open source software was developed as an on-line estimating tool in this research. The primary objective is to study the possible flexibility of implementing a centralized information system that will be maintained by the Texas Department of Transportation (TxDOT) IT division. The full-scale deployment of proposed information architecture is expected to seamlessly integrate with legacy database system currently used by TxDOT so as to streamline data storage, cost growth tracking and estimates documentation.

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A Study on Improving the Occupational Safety and Health Management Cost Calculation Standards (산업안전보건관리비 계상기준 개선방안 연구)

  • An, Bang-Yul;Song, Tae-Seok
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2020.06a
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    • pp.169-170
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    • 2020
  • Occupational Safety and Health Management Cost, used to protect workers in Korean construction worksites and to create safe working environments, is a legally managed expense item. As this cost item is grounded on the Occupational Safety and Health Act, it is always implemented. However, because there is a ceiling on its rates, insufficient amounts of Safety Management Costs are often allocated to worksites, with the money not being used to areas essential to worker safety. As such, the current study raises the need to develop a set of standards to enable some items under the Occupational Safety and Health Management Costs-appropriated under the rate of indirect costs-to be appropriated as direct construction costs. As a preliminary step in this effort, the current study will provide basic data that can be used to create construction cost calculation standards for items that can be calculated as direct construction costs.

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