• Journal of the Korean Operations Research and Management Science Society
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• v.19 no.3
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• pp.81-91
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• 1994

This paper is to build an economic production quantity model for situations, in which, during the stockout period, a fraction .betha.(backorder ratio) of the demand is backordered and remaining fraction (1-.betha.) is lost. This paper develops an objective function representing the average annual cost of a production system by defining a time-weighted backorder cost and a lost sales penalty cost per unit lost under the assumptions of deterministic demand rate and deterministic production rate, and provides an algorithm for its optimal solution. At the extreme .betha.= 1, the presented model reduces to the Fabrycky's model with complete backorders.

• Proceedings of the KIEE Conference
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• 1999.11b
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• pp.203-205
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• 1999

The unit commitment is an important problem of production scheduling which determines the generating unit to in service(on/off) during scheduling period, to meet system demand and reserve requirement at minimum cost. This paper presents an box type crossover to improve searching ability of GA, to solve unit commitment problem. Satisfactory results are obtained by GA with the proposed crossover operator.

• KSCE Journal of Civil and Environmental Engineering Research
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• v.33 no.4
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• pp.1707-1718
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• 2013

Historical cost data estimating system has been introduced since 2004 in the construction industry. Based on contract prices of past projects, this estimating system estimates construction cost according to work types. The Korea Institute of Construction Technology (KICT) announces the historical cost data twice a year annually. The unit price of a small construction project is higher than large construction project due to the increase on production cost per work unit, equipment and labor cost, etc. However, the historical cost data estimating system is applied to project estimation uniformly regardless the construction project's size. This study compared and analyzed the historical cost data of large and small construction project to indicate the problem of historical cost date estimating system. The study derived that the unit price of a small construction project is 21.8% higher than that of large construction project.

• Proceedings of the Korean Institute of Building Construction Conference
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• 2011.11a
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• pp.11-12
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• 2011

The Construction Standard Production Unit(CSPU) has been used for the standard cost estimate in public and private construction projects. However, It is difficult to reflect the various site attributed variation in productivity using existing CSPU. The reason is that a criteria which site should be selection for enactment and/or revision of CSPU is not established. This study aims to provide essential data to be used for analyzing the labor factors in a way to secure efficiency and reliability of CSPU.

• Journal of Korean Institute of Industrial Engineers
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• v.40 no.2
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• pp.233-239
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• 2014

This paper presents an extended EMQ model which determines an optimal production run length in an deteriorating production process. The production process is subject to a random deterioration from an in-control state to an out-of-control state and thus producing some proportion of defective items. Defective items produced are re-processed in the rework process to convert them into non-defectives. Through the mathematical modeling, an optimal solution minimizing the average cost per unit time as well as minimum average cost are derived. Numerical experiment is carried out to examine the behavior of the proposed model depending on model parameters.

• Asian-Australasian Journal of Animal Sciences
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• v.5 no.4
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• pp.709-715
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• 1992

In this study attempts were made to identify the areas of single animal ploughing (SAP) in Bangladesh, causes of its localization and the socio-economic constraints hindering the expansion of the system. To determine the areas of single animal ploughing, 123 upazilas of 15 districts were surveyed. Of them, 16 upazilas were found heavily engaged with this system. A detailed investigation of 469 SAP and 439 double animal ploughing (DAP) farmers revealed that there was significant difference between the two systems in respect of cost of production and yield per unit of land. The benefit/cost (B/C) ratio was higher in SAP system. However, no significant difference was observed in respect of time required for ploughing, intensity of cropping, cost of implements, and cost of repairing implements (except yoke). The study recommends for expansion of SAP system in areas where buffaloes are concentrated. Fro this purpose, logistic and institutional supports need to be made available.

• Journal of the Korea Institute of Building Construction
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• v.9 no.6
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• pp.105-111
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• 2009

Construction equipment is a very important factor for successful construction. Also, the cost for construction equipment is a major part of the cost of construction. Therefore, the estimation of the equipment cost is a critical task in construction planning. A formula for production rates shown in 'Standard Unit Labor' has been used to estimate construction equipment capability and cost. Although the performance of the equipment has improved over time, the variables in the formula have not been updated in a timely manner. Therefore, this paper has analyzed the preceding research, and performed several site visits to measure the cycle time of a backhoe and a loader. Construction equipment production rates were calculated with collected cycle times and variables given in 'Standard Unit Labor'. In addition,production rates were estimated considering the circumstances of various sites with the simulation program 'crystal ball.'

• Journal of the Korea Safety Management & Science
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• v.12 no.4
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• pp.207-213
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• 2010

Now days, the marketing environment is rapidly changed. Therefore, a lot of companies try to reduce production cost. Especially, Design is a important activities in new product development. While the concepts of design for manufacturable and concurrent engineering have made significant advances in integrating the design function with other areas in the firm. There are still major gaps in timely and accurate costing information available to designers. Inappropriate design could result in high redesign cost and delay in product relation. The generation of design and improvement is a time-consuming and mentally exhaustion process. It involves combining design features to generate as many potential design as possible. As not all features combinations are feasible, decision-makers have to narrow down the potential solutions and subsequently select appropriate design for further development. This new study is composed of 3 steps aiming at the Low Cost Design of the product. The three steps are consisted that setting up the target Cost, estimating the current functional cost, the design of a unit's reviewing according to the priority of the difference between the target cost and the functional cost.

• Proceedings of the Korean Operations and Management Science Society Conference
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• 2005.05a
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• pp.938-946
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• 2005

We study the firm's strategy to price its products and plan the spare parts manufacturing so as to maximize its profit and at the same time to fulfill its commitment to providing the customers with the key parts continuously over the relevant decision time horizon, i.e., the production plus warrantee period. To examine the research question, we developed and solved a two-stage optimal control theory model. Our analysis suggests that if the cost to produce the spare part during the warrantee period is more expensive than that during the production period, the firm should increase its sales price gradually throughout the production period to control its sales. In addition, during the production period it is optimal for the firm to produce the spare parts more than needed so that the overproduced spare parts can be used to partially meet the demand during the warrantee period. We conducted numerical analysis to investigate the sensitivity dynamics among key variables and parameters such as inventory holding cost, unit spare part production costs, part failure rate, and parameters in the demand function.

• The Journal of Fisheries Business Administration
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• v.46 no.2
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• pp.59-74
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• 2015

This study aims to estimate optimal harvesting production, fishing efforts, and stock levels of yellow croaker caught by the offshore Stow Net and the offshore Gill Net fisheries using the current value Hamiltonian method and the surplus production model. As analyzing processes, firstly, this study uses the Gavaris general linear model to estimate standardized fishing efforts of yellow croaker caught by the above multiple fisheries. Secondly, this study applies the Clarke Yoshimoto Pooley(CY&P) model among the various exponential growth models to estimate intrinsic growth rate(r), environmental carrying capacity(K), and catchability coefficient(q) of yellow croaker which inhabits in offshore area of Korea. Thirdly, the study determines optimal harvesting production, fishing efforts, and stock levels of yellow croaker using the current value Hamiltonian method which is including average landing price of yellow croaker, average unit cost of fishing efforts, and social discount rate based on standard of the Korean Development Institute. Finally, this study tries sensitivity analysis to understand changes in optimal harvesting production, fishing efforts, and stock levels of yellow croaker caused by changes in economic and biological parameters. As results drawn by the current value Hamiltonian model, the optimal harvesting production, fishing efforts, and stock levels of yellow croaker caught by the multiple fisheries were estimated as 19,173 ton, 101,644 horse power, and 146,144 ton respectively. In addition, as results of sensitivity analysis, firstly, if the social discount rate and the average landing price of yellow croaker continuously increase, the optimal harvesting production of yellow croaker increases at decreasing rate and then finally slightly decreases due to decreases in stock levels of yellow croaker. Secondly, if the average unit cost of fishing efforts continuously increases, the optimal fishing efforts of the multiple fisheries decreases, but the optimal stock level of yellow croaker increases. The optimal harvest starts climbing and then continuously decreases due to increases in the average unit cost. Thirdly, when the intrinsic growth rate of yellow croaker increases, the optimal harvest, fishing efforts, and stock level all continuously increase. In conclusion, this study suggests that the optimal harvesting production and fishing efforts were much less than actual harvesting production(35,279 ton) and estimated standardized fishing efforts(175,512 horse power) in 2013. This result implies that yellow croaker has been overfished due to excessive fishing efforts. Efficient management and conservative policy on stock of yellow croaker need to be urgently implemented.