• Title/Summary/Keyword: Optimal Cost

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Optimal replacement strategy under repair warranty with age-dependent minimal repair cost

  • Jung, K.M.
    • International Journal of Reliability and Applications
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    • 제12권2호
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    • pp.117-122
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    • 2011
  • In this paper, we suggest the optimal replacement policy following the expiration of repair warranty when the cost of minimal repair depends on the age of system. To do so, we first explain the replacement model under repair warranty. And then the optimal replacement policy following the expiration of repair warranty is discussed from the user's point of view. The criterion used to determine the optimality of the replacement model is the expected cost rate per unit time, which is obtained from the expected cycle length and the expected total cost for our replacement model. The numerical examples are given for illustrative purpose.

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Optimal Burn-In under Warranty

  • Kim, Kuinam-J;Park, Chi-Yeon
    • 대한안전경영과학회지
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    • 제1권1호
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    • pp.135-143
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    • 1999
  • This paper discusses an optimal burn-in procedure to minimize total costs based on the assumption that the failure rate pattern follows a bimodal mixed Weibull distribution. The procedure will consider warranty period as a factor of the total expected bum-in cost. A cost model is formulated to find the optimal burn-in time that minimizes the expected burn-in cost. Conditional reliability for warranty period will be discussed. An illustrative example is included to show how to use the cost model in practice.

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기계가공시 분당가공비를 고려한 최적 절삭 조건에 관한 연구 (A study on automatic selection of optimal cutting condition on machining in view of economics)

  • 이길우;이용성
    • 오토저널
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    • 제14권6호
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    • pp.113-126
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    • 1992
  • Recently the multi-kind, small-amount manufacturing system has been replacing the mass manufacturing system, and domestic machining inustry also is eager to absorb the new technology because of its high productivity and cost reduction. The optimization of the cutting condition has been a vital problem in the machining industry, which would help increase the productivity and raise the international competitiveness. It is intended in this study to investigate the machining costs per unit time which is essential to the analysis of the optimal cutting condition, to computer the cutting speed that lead to the minimum machining costs and the maximum production to suggest the cutting speed range that enables efficient speed cutting, and to review the machining economy in relation to cutting depth and feed. Also considered are the optimal cutting speed and prodution rated in rrelation with feed. It is found that the minimum-cost cutting speed increases and the efficient cutting speed range is reduced as machining cost per unit time increases since the cutting speed for maximum production remains almost constant. The machining cost is also lowered and the production rate increases as the feed increases, and the feed should be selected to satisfy the required surface roughness. The machining cost and production rate are hardly affected by the cutting depth if the cutting speed stays below 100m/min, however, they are subject to change at larger cutting depth and the high-efficient speed range also is restricted. It can be established an adaptive optimal cutting conditions can be established in workshop by the auto-selection progam for optimal operation. It is expected that this method for choosing the optimal cutting conditions might contribute to the improvement of the productivity and reduced the cost. It is highly recommended to prepare the optimal cutting conditionthus obtained for future use in the programing of G-function of CNC machines. If proper programs that automatically select the optimal cutting conditions should be developed, it would be helpful to the works being done in the machine shops and would result in noticeable production raise and cost reduction.

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탈세와 징세비 간의 상관분석을 통한 최적 징세비 모형 도출에 관한 연구 - 고소득 개인사업자의 적출소득을 중심으로 - (A Study on the Derivation of the Optimum Taxation Cost Model through the Correlation Analysis between Tax Evasion and Taxation Cost - Case of high-income individual business' tax evasion -)

  • 정창륜;박주문
    • 도시과학
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    • 제6권2호
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    • pp.35-47
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    • 2017
  • Tax evasion is increasing, but efficiency of tax administration is evaluated as improving. This is because the taxation cost, which is a measure to judge the efficiency of the tax administration, does not consider the tax evasion effect at all. This method of estimating the cost of taxation is a dispute that neglects the role of taxation authorities in tax evasion. The existing study focuses on the development of a tax evasion model focused on maximizing the utility through the tax evasion of the taxpayer as the tax evasion approaches the individual 's deviant problem. However, this has the aspect of making the role of the tax authorities in tax evasion negative. This study empirically derived the optimal size of tax administration in Korea by using tax collection cost and tax cooperation cost. Also, it is meaningful to consider the role of the taxation authorities in tax evasion and to derive the optimal taxation cost model by estimating the decrease in tax evasion due to the taxation expenditure of the tax authorities. In order to derive the optimal size of tax administration in Korea, taxation cost and tax cooperation cost are derived by classifying tax officials. The optimal taxation cost model was derived by estimating the taxation expenditure related to tax evasion. This study is meaningful to make it possible to emphasize the role of tax authorities in studying future tax evasion by studying the effect of taxation expenditure on tax evasion.

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전동차 제동장치의 고장데이터와 비용함수를 고려한 유지보수 정책에 관한 연구 (A Study on the Maintenance Policy Considering the Failure Data of the EMU Braking System and the Cost Function)

  • 한재현;김종운;구정서
    • 한국안전학회지
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    • 제30권3호
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    • pp.13-19
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    • 2015
  • Railway vehicle equipment goes back again to the state just before when failure by the repair. In repairable system, we are interested in the failure interval. As such, a statistical model of the point process, NHPP power law is often used for the reliability analysis of a repairable system. In order to derive a quantitative reliability value of repairable system, we analyze the failure data of the air brake system of the train line 7. The quantitative value is the failure intensity function that was modified, converted into a cost-rate function. Finally we studied the optimal number and optimal interval in which the costs to a minimum consumption point as cost-rate function. The minimum cost point was 194,613 (won/day) during the total life cycle of the braking system, then the optimal interval were 2,251days and the number of optimal preventive maintenance were 7 times. Additionally, we were compared to the cost of a currently fixed interval(4Y) and the optimum interval then the optimal interval is 3,853(won/day) consuming smaller. In addition, judging from the total life, "fixed interval" is smaller than 1,157 days as "optimal interval".

손실함수를 고려한 열화시스템의 최적교체정책 (Optimal Replacement Policy of Degradation System with Loss Function)

  • 박종훈;이창훈
    • 한국신뢰성학회지:신뢰성응용연구
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    • 제1권1호
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    • pp.35-46
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    • 2001
  • Replacement policy of a degradation system is investigated by incorporating the loss function. Loss function is defined by the deviation of the value of quality characteristic from its target value, which determines the loss cost. Cost function is comprised of the inspection cost, replacement cost and loss cost. Two cost minimization problems are formulated : 1)determination of an optimal inspection period given the state for the replacement and 2)determination of an optimal state for replacement under fixed inspection period. Simulation analysis is performed to observe the variation of total cost with respect to the variation of the parameters of loss function and inspection cost, respectively As a result, parameters of loss function are seen to be the most sensitive to the total cost. On the contrary, inspection cost is observed to be insensitive. This study can be applied to the replacement policy of a degradation system which has to produce the quality critical product.

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Design optimization of reinforced concrete structures

  • Guerra, Andres;Kiousis, Panos D.
    • Computers and Concrete
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    • 제3권5호
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    • pp.313-334
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    • 2006
  • A novel formulation aiming to achieve optimal design of reinforced concrete (RC) structures is presented here. Optimal sizing and reinforcing for beam and column members in multi-bay and multistory RC structures incorporates optimal stiffness correlation among all structural members and results in cost savings over typical-practice design solutions. A Nonlinear Programming algorithm searches for a minimum cost solution that satisfies ACI 2005 code requirements for axial and flexural loads. Material and labor costs for forming and placing concrete and steel are incorporated as a function of member size using RS Means 2005 cost data. Successful implementation demonstrates the abilities and performance of MATLAB's (The Mathworks, Inc.) Sequential Quadratic Programming algorithm for the design optimization of RC structures. A number of examples are presented that demonstrate the ability of this formulation to achieve optimal designs.

2축 병렬형 하이브리드 차량의 최저 연비 주행 알고리즘 (An Operation Algorithm for a 2 Shaft Parallel Type Hybrid Electric Vehicle for Optimal Fuel Economy)

  • 최득환;김현수
    • 한국자동차공학회논문집
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    • 제9권5호
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    • pp.122-130
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    • 2001
  • In this paper, an operational algorithm for a 2-shaft parallel hybrid electric vehicle is suggested for the minimization of operation cost. The operation cost is obtained as a summation of the engine fuel cost and the motor electricity cost. The electrical cost function is estimated in case of motoring, and generating when the recuperation is carried out during the braking. In addition, weight function is introduced in order to maintain the battery state of charge. Based on the operation algorithm, the optimal engine operation point that minimizes the operation cost is obtained with respect to the required vehicle power for every state of charge of battery. The optimal operation point provides the optimal power distribution of the engine and the motor for a required vehicle power Simulation was performed and the fuel economy of the hybrid vehicle was compared to that of the conventional vehicle. Simulation results showed that hybrid vehicle's fuel economy can be improved as much as 45∼48% compared to the conventional vehicle's.

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운전비 절감을 위한 빙축열시스템 냉동기 운전기법 평가 (An Evaluation of Chiller Control Strategy in Ice Storage System for Cost-Saving Operation)

  • 이경호;최병윤;이상렬
    • 설비공학논문집
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    • 제20권2호
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    • pp.97-105
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    • 2008
  • This paper presents simulated and experimental test results of optimal control algorithm for an encapsulated ice thermal storage system with full capacity chiller operation. The algorithm finds an optimal combination of a chiller and/or a storage tank operation for the minimum total operation cost through a cycle of charging and discharging. Dynamic programming is used to find the optimal control schedule. The conventional control strategy of chiller-priority is the baseline case for comparing with the optimal control strategy through simulation and experimental test. Simulation shows that operating cost for the optimal control with chiller on-off operation is not so different from that with chiller part load capacity control. As a result from the experimental test, the optimal control operation according to the simulated operation schedule showed about 14 % of cost saving compared with the chiller-priority control.

평균풍속 및 유가변동에 따른 최적 마이크로그리드 구성 (The Optimal Microgrid Configuration Depending on the Change of Average Wind Speed and Fuel Cost)

  • 김규호;임성용
    • 전기학회논문지
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    • 제64권1호
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    • pp.35-40
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    • 2015
  • This paper presents the optimal network configuration for electric stations using HOMER software. For the given data such as annual average wind speed and grid costs, this software calculates the NPC(Net Present Cost), operating cost and COE(Cost of Energy). Based on these simulation results, it is possible to find the optimal network configuration for electric stations depending on the grid cost and average wind speed. When the rising grid cost is considered, it is essential to use grid and renewable energy together. Depending on the increase of the grid cost, NPC of the configuration using renewable energy and grid can be gradually getting smaller than NPC of the configuration using only grid.