• Title/Summary/Keyword: cost minimization

Search Result 415, Processing Time 0.026 seconds

Cost Function of Congestion-Prone Transportation Systems (혼잡현상을 갖는 교통체계의 비용함수)

  • Mun, Dong-Ju;Kim, Hong-Bae
    • Journal of Korean Society of Transportation
    • /
    • v.25 no.6
    • /
    • pp.209-230
    • /
    • 2007
  • This paper analyzed the social cost function of a congestion-prone service system, which is developed from the social cost minimization problem. The analysis focused on the following two issues that have not been explicitly explored in the previous studies: the effect of the heterogeneity of value-of-travel-times among customers on the structure of cost functions; and the structure of the supplier cost function constituting the social cost function. The analysis gave a number of findings that could be summarized as follows. First, the social marginal cost for one unit increase in system output having a certain value-of-travel-time is the sum of the service time cost for that value-of-travel-time and the marginal congestion cost for the average value-of-service-time of all the system outputs. Second, the marginal congestion cost equals the marginal supplier cost of system output under the condition that supplier compensates the customers for the changed service time costs which is incurred by the marginal capacity increase necessary for economically facilitating an additional system output. Third, the compensated marginal cost is the multiple of the marginal capacity cost and the inverse of system utilization ratio, if the service time function is homogeneous of degree zero in its inputs.

Optimum Life-cycle Cost Design of Orthotropic Steel Deck Bridges (강상판교의 생애주기비용 최적설계)

  • Cho, Hyo Nam;Min, Dae Hong;Lee, Kwang Min
    • Journal of Korean Society of Steel Construction
    • /
    • v.13 no.4
    • /
    • pp.337-349
    • /
    • 2001
  • This study present an optimum deck and girder system design for minimizing the life-cycle cost (LCC) of orthotropic steel deck bridges. The problem of optimum LCC design of orthotropic steel deck bridges is formulated as that of minimization of the expected total LCC that consists of initial cost, maintenance cost, expected retrofit costs for strength, deflection, and fatigue. To demonstrate the effect of LCC optimum design of orthotropic steel deck bridges, the proposed optimum LCC design is compared with the conventional method for orthotropic steel deck bridges design. From the numerical investigations, it may be positively stated that the proposed optimum design procedure for orthotropic steel deck bridges based on the LCC will lead to more rational, economical and safer design.

  • PDF

Minimization Models of Defective Product Inventory Cost (불량품(不良品)을 고려(考慮)한 재고비용(在庫費用) 최소화(最小化) 모형(模型))

  • Kim, Jae-Ryeon;Yu, Seung-Ho
    • Journal of Korean Society for Quality Management
    • /
    • v.16 no.2
    • /
    • pp.92-98
    • /
    • 1988
  • In this paper a model is developed for an inventory system in which the number of units of acceptable quality in a replenishment lot is uncertain and the demand. during the stockout period is back ordered and. also under the same condition an inventory model with experdited stockout is developed. It is assumed that the fraction of the acceptable quality in a replenishment lot is a random variable whose probability distribution is known. The optimal replenishment policy is synthesized for such a system. A numerical example is used to illustrate the theory.

  • PDF

Some Problems of the Transfer of Technology from the Developed Countries to the LDCs

  • Hahm, Hyo-Joon
    • Journal of Korean Institute of Industrial Engineers
    • /
    • v.4 no.2
    • /
    • pp.67-75
    • /
    • 1978
  • This paper attempts to identify the factors which are directly related to the effective transfer of technology from developed countries to LDCs. The recipient countries should have the capability of alteration/adaptation based on cost-minimization criteria. Some problems are such that technologies are transferred on the conditions of MNFs, packaged forms and under state management which result in lack of competitive pressure. Non-technological criteria are shown to be a problem under state management in the transaction of technology.

  • PDF

Tool life in Metal Forming Processes (소성가공에 있어서의 금형수명)

  • 최재찬;김병민
    • Transactions of Materials Processing
    • /
    • v.3 no.2
    • /
    • pp.147-155
    • /
    • 1994
  • The service life of tools in metal forming technology is to a large extent limited by wear and fatigue fracture of the active elements. This presents a basic request for tool cost minimization and reduction of extensive machine down time, caused by premature tool failure. Currents developments are dominated by steps to reduce the causes of tool failure. A main problem of forming technology remains the insufficient reliability of tools due to a large and incalculable life time fluctuation. Only a systematic investigation of the failure mechanisms and operational loading of tools can lead to future improvements in tool layout, that is optimization of tool usage.

  • PDF

Weed Control in Horticultural Crops in Korea (원예작물의 잡초방제 현황과 전망)

  • Chae-Don Ban
    • KOREAN JOURNAL OF CROP SCIENCE
    • /
    • v.23 no.3
    • /
    • pp.73-82
    • /
    • 1978
  • Researches on weed control in vegetable and fruits are reviewed in the aspects of technical dissemination of research results and problems to be solved for the establishment of integrated weed control measures. The future researches in relation to the possible changes of cultivation pattern in horticultural crops are also discussed. The current situation of weed control in horticulture in general is classed as a primitive stage comparing to other food crops and is well behind of other advanced countries. It is strongly suggested that only steady and extensive researches in this field will produce a significant contribution to the minimization of labor cost in horticultural crop production.

  • PDF

PSEUDO-RELIABILITY MODEL OF COMBAT TANK SYSTEM

  • Lie, Chang-Hoon
    • Journal of the military operations research society of Korea
    • /
    • v.3 no.1
    • /
    • pp.137-150
    • /
    • 1977
  • The effectiveness of an actual combat tank system is analyzed. A measure of effectiveness which includes performance and reliability called pseudo-reliability is introduced. A model is introduced to optimize the design of the system in which the system pseudo-reliability is maximized subject to cost constraint. This model is a nonlinear programming problem and is solved by the sequential unconstrained minimization technique (SUMT). A numerical exampl with actual data from the test evaluation of five combat tanks is used to illustrate the model.

  • PDF

Division of Working Area using Hopfield Network (Hopfield Network을 이용한 작업영역 분할)

  • 차영엽;최범식
    • 제어로봇시스템학회:학술대회논문집
    • /
    • 2000.10a
    • /
    • pp.160-160
    • /
    • 2000
  • An optimization approach is used to solve the division problem of working area, and a cost function is defined to represent the constraints on the solution, which is then mapped onto the Hopfield neural network for minimization. Each neuron in the network represents a possible combination among many components. Division is achieved by initializing each neuron that represents a possible combination and then allowing the network settle down into a stable state. The network uses the initialized inputs and the compatibility measures among components in order to divide working area.

  • PDF

The Generator Maintenance Scheduling using Fuzzy Multi-criteria (퍼지다목적함수를 이용한 발전기보수유지계획의 수립)

  • 최재석;도대호;이태인
    • Proceedings of the Korean Institute of Intelligent Systems Conference
    • /
    • 1995.10b
    • /
    • pp.131-138
    • /
    • 1995
  • A new technique using integer programming based on fuzzy multi-criteria function is proposed for generator maintenance scheduling. Minimization maintenance delay cost and maximization reserve power are considered for fuzzy multi-criteria function. To obtain an optimal solution for generator maintenance scheduling under fuzzy environment, fuzzy multi-criteria integer programming is used. In the maintenance scheduling, a characteristic feature of the presented approach is that the crisp constraints with uncertainty can be taken into account by using fuzzy set theory and so more flexible solution can be obtained. The effectiveness of the proposed approach is demonstrated by the simulation results.

  • PDF