• Title/Summary/Keyword: Total production cost

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A Study on Cost Avoidance and Total Life Cycle Cost to Analysis of Effectiveness of the Management of DMSMS (부품단종관리 효용성 분석을 위한 회피비용 및 총수명주기비용에 대한 연구)

  • Kim, Si-Ok;Paik, Won-Chul;Kim, Dong-Gil;Kim, Heung-Geun
    • The Journal of the Korea institute of electronic communication sciences
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    • v.15 no.5
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    • pp.791-798
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    • 2020
  • The share of advanced technology in modern weapon systems are gradually increasing, and life cycle of components are shortened due to the rapid speed of technological development. On the other hand, the weapon systems have a characteristic that takes a long time in the requirement stage of weapon to the operation and maintenance stage. Due to inevitably, obsolescence of the main components for parts occurs in the acquisition phase. The obsolescence parts could cause delays in mass production schedules, and further adversely affects operational availability due to poor supply of repair parts during in the maintenance phase. However, business managers are obliged to maximize the performance while minimizing the cost of the total life cycle of the design, production, and operation stages. It is necessary to establish and implement an appropriate components and parts of life cycle management plan. In this research, we analyzed the effectiveness of parts obsolescence management through cost avoidance and total life cycle cost that can be reduced through proper parts obsolescence management.

The Development of Model and Cost Analysis to the Application of Modular Production System in Lean Supply Chain Management (Lean SCM에서의 모듈생산의 적용에 따른 모델개발과 원가분석)

  • 김태호;양광모;권정휘;강경식
    • Journal of the Korea Safety Management & Science
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    • v.4 no.4
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    • pp.73-85
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    • 2002
  • The supply chain not only includes the manufacturer and suppliers, but also transporters, warehouses, retailers, and customers themselves. Within each organization, such as manufacturer, the supply chain includes all functions involved in filling a customer request. these functions include, but are not limited to, new product development, marketing, operation, distribution, finance, and customer service. Lean Supply chain coordination improves if all supplier of chain take actions that together increase total supply chain profits. To design of Modularity by the grouping supplier, the proposed method is to develop the most appropriate production system models in the Supply Chain Management which is necessity of the times and its importance. The objects of this study is development of model and cost analysis to the modular production system in Lean SCM. Introduction of modular production system in Lean SCM is effective in reducing the cost in processing, manufacturing, inventory holding, ordering, etc.

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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Organic Water Additive on Growth Performances, Hematological Parameters and Cost Effectiveness in Broiler Production

  • Saha, Munmun;Chowdhury, Sachidananda Das;Hossain, Md. Elias;Islam, Md. Kamrul;Roy, Bishwajit
    • Journal of Animal Science and Technology
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    • v.53 no.6
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    • pp.517-523
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    • 2011
  • The experiment was conducted with 144 broiler chicks from day-old to 5 weeks of age to investigate the efficacy of a water additive in broiler production. The chicks were randomly distributed into four different treatments namely T1 (control), T2 (water additive as per recommendation level), T3 (25% less than recommendation) and T4 (25% more than recommendation). Body weight of control group was higher in 2nd week of age, but at the end of the experiment additive groups showed higher values compare to control (p<0.05). Body weight gain was increased and feed conversion ratio was improved in the additives groups during the finishing and total period, although feed intake was different among the additive groups (p<0.05). When the hematological parameters were evaluated, packed cell volume and total erythrocytes counts were increased in the additive group that received 25% more than recommendation, and hemoglobin in 25% less than recommendation group. Mean cell volume and mean cell hemoglobin of the additive groups showed lower (p<0.05) values compare to the control, but other parameters were not affected. Sales price and profit were significantly higher in the additive groups compare to the control, although total production cost was increased in the additive groups (p<0.05). All levels of water additive increased profit in comparison with the control but 25% less than recommendation level appeared to be most profitable and cost effective. It also suggests that any additive considered for poultry, must undergo trial for determining efficacy as well as its cost effectiveness for application.

A Two-location Production and Inventory Model for Production Facilities with Capacity Reductions (생산용량감소가 허용되는 2개 생산시설의 생산 및 재고모형)

  • Gang Byeong-Su;Ha Seok-Tae
    • Journal of the military operations research society of Korea
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    • v.18 no.2
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    • pp.167-180
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    • 1992
  • This paper considers a two-location production and inventory model for a single product which can be produced and demanded at each of two locations. Demands during a finite number of discrete time periods are known and must be satisfied by production, inventory or transshipment. We consider the change of production capacity. The costs to be incurred are restricted to production, inventory and transshipment costs, and all cost functions we assumed to be concave. The objective is to minimize the total cost of production, inventory and transshipment. The model is formulated as a shortest path problem for an acyclic network from which properties associated with optimal solutions are derived. Using these properties. we develop a dynamic programming algorithm that finds optimal solutions for problems.

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Performance of Weaner Lambs on Conventional Feeds or Supplemented with Mango Seed Kernel (Mangifera indica) and Babul Pods Chuni (Acacia nilotica) under Intensive Production System

  • Saiyed, L.H.;Parnerkar, S.;Wadhwani, K.N.;Pandya, P.R.;Patel, A.M.
    • Asian-Australasian Journal of Animal Sciences
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    • v.16 no.10
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    • pp.1469-1474
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    • 2003
  • Twenty four weaner lambs, eight each of Marwari, Patanwadi and Merino${\times}$Patanwadi breeds (9.9 to 10.8 kg) were randomly divided into two dietary treatments on body weight basis Viz. $T_1$-conventional (Maize-38%, GN Cake-25%, Rice Polish-24%, Jaggery solution-10%, Mineral mixture-3%) and $T_2$-supplemented non conventional group (GN Cake-25%, Rice Polish-14%, Mango seed kernel-25%, Babul Pods chuni-23%, Jaggery solution-10%, Mineral mixture-3%). The Jaggery solution was prepared by mixing 6.5 kg Jaggery and 3.5 kg water. The average final body weight at the end of the experiment was recorded to be $19.33{\pm}0.76$ and $19.72{\pm}0.8kg$ in conventional and non-conventional groups, respectively. The total dry matter intake (DMI) during the entire experiment period was recorded to be $89.56{\pm}5.19$ and $95.08{\pm}1.06$ (kg/head) and $532.83{\pm}9.94$ and $566.75{\pm}10.49g/d$ in conventional and nonconventional groups, respectively. The body weight gain and body measurements did not influenced by diet. The ration effect was found to be significant when the DMI was expressed in terms of g/d. The crude protein (CP) and digestible crude protein (DCP) intake/head and per kg gain observed during experiment under conventional and non-conventional treatment group did not differ from each other. However, the total digestible nutrients (TDN) intake per kg gain was significantly (p<0.05) higher in supplemented non-conventional group. The intake values of DCP and TDN were more or less in agreement with Indian Council Agricultural Research (1985) recommendations. The estimated total feed cost (Rs./animal) for experimental lambs was $274.16{\pm}8.57$ and $242.67{\pm}5.10$ in conventional and non- group, respectively. The non-conventional group had significantly (p<0.05) lower feed cost (11.6%). The return as percent of feed cost and feed cost/kg dressed weight were $92.89{\pm}5.58$ (%) and Rs. $35.40{\pm}1.11$ and $122.61{\pm}5.06$ (%) and Rs.$30.47{\pm}1.71$ in conventional and non-conventional group (p<0.05), respectively which is the reflection of significantly lower total feed cost incurred during feeding in non-conventional group. Lambs fed non-conventional based diet had similar live weights as those fed conventional diets but costed less money to achieve those weights.

Optimization Analysis of Flexible Cellular Manufacturing: Route Selection and Determining the Optimal Production Conditions for Ordered Products (유연한 셀생산을 위한 최적가공경로와 생산조건의 결정)

  • Song, Sang-Jae;Choi, Jung-Hee
    • Journal of Korean Institute of Industrial Engineers
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    • v.18 no.1
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    • pp.47-62
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    • 1992
  • This paper describes a procedure for optimizing the route selection and production conditions in alternate process plans under a cellular manufacturing environment. The type of production is mainly production-to-order which deals with unexpected products as the changes factor. The flexible cellular manufacturing can be viewed as a complete unification of both flexible manufacturing process and flexible production management. The integrated problem for designing flexible cellular manufacturing associated with determining the optimal values of the machining speeds, overtime, and intercell flow is formulated as Nonlinear Mixed Integer Programming(NMIP) in order to minimize total production change cost. This is achieved by introducing the marginal cost analysis into the NMIP, which will compute the optimal machining speed, overtime, intercell flow, and routing. The application of this procedure offers greater flexibility to take advantage of the cellular manufacturing due to the optimum use of resources. A solution procedure for this problem was developed and a numerical example is included.

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Practical Design of an Artificial Light-Used Plant Factory for Common Ice Plant (Mesembryanthemum crystallinum L.) (인공광 이용형 Common Ice Plant 식물공장의 실용적 설계)

  • Cha, Mi-Kyung;Kim, Ju-Sung;Shin, Jong Hwa;Son, Jung Eek;Cho, Young Yeol
    • Journal of Bio-Environment Control
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    • v.23 no.4
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    • pp.371-375
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    • 2014
  • This study was carried out to get the basic data to practically design an artificial light-used plant factory system for common ice plant (Mesembryanthemum crystallinum L.) cultivation. The adequate range of light intensity was $120-200{\mu}mol{\cdot}m^{-2}{\cdot}s^{-1}$ and the carbon fixed rates was $0.84nmolCO_2{\cdot}cm^{-2}{\cdot}s^{-1}$. When the planting density, light intensity, and yield were $0.0225m^2$ ($15{\times}15cm$), $200{\mu}mol{\cdot}m^{-2}{\cdot}s^{-1}$, and 1,000 plants per day, the total number of the plants, cultivated area, and total light intensities were estimated as 25,000 plants, $563m^2$, and $140,625{\mu}mol{\cdot}s^{-1}$, respectively. About 153.2kW with 2,785 fluorescent lights (FL) needed for the electric power and the electricity charges was 2.46 million won for one month. At a harvest rate of 1,000 plants per day in closed-type plant factory, the light installation cost, total installation cost, and total production cost were 27.85, 83.56, and 100.27 million won, respectively. The production cost per plant including labor cost was calculated as 370 won, providing that the cultivation period was 25 days and marketable ratio was 80%. Considering the annual total expenses, incomes, and depreciation cost, the sales cost per plant could be estimated around 970 won or higher.

Economic evaluation of thorium oxide production from monazite using alkaline fusion method

  • Udayakumar, Sanjith;Baharun, Norlia;Rezan, Sheikh Abdul;Ismail, Aznan Fazli;Takip, Khaironie Mohamed
    • Nuclear Engineering and Technology
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    • v.53 no.7
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    • pp.2418-2425
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    • 2021
  • Monazite is a phosphate mineral that contains thorium (Th) and rare earth elements. The Th concentration in monazite can be as high as 500 ppm, and it has the potential to be used as fuel in the nuclear power system. Therefore, this study aimed to conduct the techno-economic analysis (TEA) of Th extraction in the form of thorium oxide (ThO2) from monazite. Th can be extracted from monazite through an alkaline fusion method. The TEA of ThO2 production studied parameters, including raw materials, equipment costs, total plant direct and indirect costs, and direct fixed capital cost. These parameters were calculated for the production of 0.5, 1, and 10 ton ThO2 per batch. The TEA study revealed that the highest production cost was ascribed to installed equipment. Furthermore, the highest return on investment (ROI) of 21.92% was achieved for extraction of 1 ton/batch of ThO2, with a payback time of 4.56 years. With further increase in ThO2 production to 10 ton/batch, the ROI was decreased to 5.37%. This is mainly due to a significant increase in the total capital investment with increasing ThO2 production scale. The minimum unit production cost was achieved for 1 ton ThO2/batch equal to 335.79 $/Kg ThO2.

Feasibility Study of Artificial Soil Production with Sludge and Utilization for Agriculture (슬러지를 이용한 인공토양 생산 및 농자재화 가능성 연구)

  • 김선주;윤춘경;이남출
    • Magazine of the Korean Society of Agricultural Engineers
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    • v.39 no.5
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    • pp.64-70
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    • 1997
  • Sludge is generated in the process of water and wastewater treatment, and it has been causing various problems environmentally and economically. The firing technology in pottery industry was applied to the sludge treatment, and the final product was called artificial soil. For the production of artificial soil, lime and chabazite was used as additive, and the mixed material was thermally treated in the firing kiln at $300^{\circ}$ temperature for about 15 minutes. The physico-chemical characteristics of the artificial soil was analyzed and it showed that the artificial soil could be used as a soil conditioner for farmland. The concentrations of the toxic heavy metals in the artificial soil were lower than those in the soil quality standard for farmland. It was high in permeability, total nitrogen and total phosphorous concentrations and surface area of the artificial soil compared to the common field soil. Preliminary cost analysis showed that the sludge treatment cost for artificial soil was less than the disposal cost in the current landfill disposal method. This study illustrated that the artificial soil production process can be a feasible alternative for sludge treatment, and produced artificial soil may he applied to farmland without causing significant adverse effect. Further study is recommended for practical application of the system and verification of the longterm effect of the artificial soil on farmland.

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