• Title/Summary/Keyword: economic loss function

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An Expected Loss Model for FMEA under Periodic Monitoring of Failure Causes (FMEA에서 주기적인 고장원인 감시 하의 기대손실 모형)

  • Kwon, Hyuck Moo;Hong, Sung-Hoon;Lee, Min Koo
    • Journal of Korean Institute of Industrial Engineers
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    • v.39 no.2
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    • pp.143-148
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    • 2013
  • In FMEA, occurrence and detectability are not related to only failure modes itself but also their causes. It is assumed that any failure occurs after at least one cause corresponding to failure occurs in advance. Occurrence of the failure mode is described by occurrence time of its cause and elapsed time to the actual failure. Under the periodic monitoring plan, the monitoring interval is another factor to determine the detectability and occurrence of each failure mode. When a failure cause occurs, the failure does not occur if the cause is identified and remedied before it actually occurs. Under this situation, we construct an economic model for prioritizing failure modes. The loss function is based on the unfulfilled mission period. We also provide an optimal monitoring plan with an illustrative example.

Energy-saving optimization on active disturbance rejection decoupling multivariable control

  • Da-Min Ding;Hai-Ma Yang;Jin Liu;Da-Wei Zhang;Xiao-Hui Jiang
    • Nuclear Engineering and Technology
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    • v.55 no.3
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    • pp.850-860
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    • 2023
  • An industrial control process multiple-input multiple-output (MIMO) coupled system is analyzed in this study as an example of a Loss of Coolant Accident (LOCA) simulation system. Ordinary control algorithms can complete the steady state of the control system and even reduce the response time to some extent, but the entire system still consumes a large amount of energy after reaching the steady state. So a multivariable decoupled energy-saving control method is proposed, and a novel energy-saving function (economic function, Eco-Function) is specially designed based on the active disturbance rejection control algorithm. Simulations and LOCA simulation system tests show that the Eco-function algorithm can cope with the uncertainty of the multivariable system's internal parameters and external disturbances, and it can save up to 67% of energy consumption in maintaining the parameter steady state.

Economic Design of VSI $\bar X$ Control Chart for Decision to Improve Process (공정개선 의사결정을 위한 VSI $\bar X$ 관리도의 경제적 설계)

  • Song, Suh-Ill;Kim, Jae-Ho;Jung, Hey-Jin
    • Journal of Korean Society for Quality Management
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    • v.35 no.2
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    • pp.37-44
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    • 2007
  • Today, the statistical process control (SPC) in manufacture environment is an important role at the process by the productivity improvement of the manufacturing systems. The control chart in this statistical method is widely used as an important statistical tool to find the assignable cause that provoke the change of the process parameters such as the mean of interest or standard deviation. But the traditional SPC don't grasp the change of process according to the points fallen the near control limits because of monitoring the variance of process such as the fixed sampling interval and the sample size and handle the cost of the aspect of these sample point. The control chart can be divided into the statistical and economic design. Generally, the economic design considers the cost that maintains the quality level of process. But it is necessary to consider the cost of the process improvement by the learning effects. This study does the economic design in the VSI $\bar X$ control chart and added the concept of loss function of Taguchi in the cost model. Also, we preyed that the VSI $\bar X$ control chart is better than the FSI $\bar X$ in terms of the economic aspects and proposed the standard of the process improvement using the VSI $\bar X$ control chart.

Measurement of Aerodynamic Properties of Screens for Windbreak Fence using the Apparatus for Testing Screens (공력 저항 측정기를 이용한 방풍펜스 방진막의 공기 투과 저항력 측정)

  • Kim, Rack-Woo;Lee, In-Bok;Hong, Se-Woon;Hwang, Hyun-Seob;Son, Young-Hwan;Kim, Tae-Wan;Kim, Min-Young;Song, Inhong
    • Journal of The Korean Society of Agricultural Engineers
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    • v.55 no.6
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    • pp.145-154
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    • 2013
  • Recently, damage occurrence by wind erosion has been increasing in society. In times past, such problems only took place in desert area ; however, in recent years, the wind erosion problem is spreading out to agricultural land. Wind erosion in agricultural land can cause loss of loam soils, the disturbance of the photosynthesis of the crop fields and serious economic losses. To overcome the mentioned problems, installation of windbreak fence can be recommended which function as disturbing strong wind and wind erosion. However, there is still no proper guideline to install the windbreak fence and the installation used to rely on the intuition of the workers due to the lack of related studies. Therefore, this study measured the aerodynamic resistance of screens of the windbreak fence using the apparatus for testing screens. The apparatus for testing screens was designed to measure pressure loss around the screen. Measured pressure loss by wall friction compensated for pressure loss to calculate the aerodynamic resistance of screens. The result of pressure loss by regression analysis derived the aerodynamic coefficient of Darcy-Forchheimer equation and power law equation. The aerodynamic resistance was constant regardless of the overlapped shape when the screen was overlapped into several layers. Increasing the number of layers of the screen, internal resistance increased significantly more, and pressure loss caused by the screen also increased linearly when the wind speed was certain conditions, but permeability had no tendency. In the future, the results of this study will be applied to the computational fluid dynamics simulation. The simulation models will be also validated in advance by wind tunnel experiments. It will provide standard of a design for constructing windbreak fence.

Design of Robust Expected Loss Control Chart (로버스트 기대손실 관리도의 설계)

  • Lee, Hyeung-Jun;Chung, Young-Bae
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.39 no.3
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    • pp.10-17
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    • 2016
  • Control Chart is a graph which dots the characteristic values of a process. It is the tool of statistical technique to keep a process in controlled condition. It is also used for investigating the state of a process. Therefore many companies have used Control Chart as the tool of statistical process control (SPC). Products from a production process represent accidental dispersion values around a certain reference value. Fluctuations cause of quality dispersion is classified as a chance cause and a assignable cause. Chance cause refers unmanageable practical cause such as operator proficiency differences, differences in work environment, etc. Assignable cause refers manageable cause which is possible to take actions to remove such as operator inattention, error of production equipment, etc. Traditionally ${\bar{x}}-R$ control chart or ${\bar{x}}-s$ control chart is used to find and remove the error cause. Traditional control chart is to determine whether the measured data are in control or not, and lets us to take action. On the other hand, RNELCC (Reflected Normal Expected Loss Control Chart) is a control chart which, even in controlled state, indicates the information of economic loss if a product is in inconsistent state with process target value. However, contaminated process can cause control line sensitive and cause problems with the detection capabilities of chart. Many studies on robust estimation using trimmed parameters have been conducted. We suggest robust RNELCC which used the idea of trimmed parameters with RNEL control chart. And we demonstrate effectiveness of new control chart by comparing with ARL value among traditional control chart, RNELCC and robust RNELCC.

Optimization of Contaminated Land Investigation based on Different Fitness-for-Purpose Criteria (조사목적별 기준에 부합하는 오염부지 조사방법의 최적화 방안에 관한 연구)

  • Jong-Chun Lee;Michael H. Ramsey
    • Economic and Environmental Geology
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    • v.36 no.3
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    • pp.191-200
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    • 2003
  • Investigations on the contaminated lands due to heavy metals from mining activities or hydrocarbons from oil spillage for example, should be planned based on specific fitness-for-purpose criteria(FFP criteria). A FFP criterion is site specific or varies with situation, based on which not only the data quality but also the decision quality can be determined. The limiting factors on the qualities can be, for example, the total budget for the investigation, regulatory guidance or expert's subjective fitness-for-purpose criterion. This paper deals with planning of investigation methods that can satisfy each suggested FFP criterion based on economic factors and the data quality. To this aim, a probabilistic loss function was applied to derive the cost effective investigation method that balances the measurement uncertainty, which estimates the degree of the data quality, with the decision quality. In addition, investigation planning methods when the objectives of investigations do not lie in the classification of the land but simply in producing the estimation of the mean concentration of the contaminant at the site(e.g. for the use in risk assessment), were also suggested. Furthermore, the efficient allocation of resources between sampling and analysis was also devised. These methods were applied to the two contaminated sites in the UK to test the validity of each method.

Analysis of Building Vulnerabilities to Typhoon Disaster Based on Damage Loss Data (태풍 재해에 대한 건물 취약성의 피해손실 데이터 기반 분석)

  • Ahn, Sung-Jin;Kim, Tae-Hui;Son, Ki-Young;Kim, Ji-Myong
    • Journal of the Korea Institute of Building Construction
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    • v.19 no.6
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    • pp.529-538
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    • 2019
  • Typhoons can cause significant financial damage worldwide. For this reason, states, local governments and insurance companies attempt to quantify and mitigate the financial risks related to these natural disasters by developing a typhoon risk assessment model. As such, the importance of typhoon risk assessment models is increasing, and it is also important to reflect local vulnerabilities to enable sophisticated assessments. Although a practical study of economic losses associated with natural disasters has identified essential risk indicators, comprehensive studies covering the correlation between vulnerability and economic loss are still needed. The purpose of this study is to identify typhoon damage indicators and to develop evaluation indicators for typhoon damage prediction functions, utilizing the loses from Typhoon Maemi as data. This study analyzes actual loss records of Typhoon Maemi provided by local insurance companies to prepare for a scenario of maximum losses. To create a vulnerability function, the authors used the wind speed and distance from the coast and the total value of property, construction type, floors, and underground floor indicators. The results and metrics of this study provide practical guidelines for government agencies and insurance companies in developing vulnerability functions that reflect the actual financial losses and regional vulnerabilities of buildings.

Optimum Operation of Power System Using Fuzzy Linear Programming (퍼지 선형계획법을 적용한 전력계통의 최적운용에 관한 연구)

  • 박성대;정재길;조양행
    • The Proceedings of the Korean Institute of Illuminating and Electrical Installation Engineers
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    • v.8 no.1
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    • pp.37-45
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    • 1994
  • A method of optimal active and reactive power control for economic operation in electrical power system is presented in this paper. The major features and techniques of this paper are as follows: 1) The method presented for obtaining the equivalent active power balance equation applying the sparse Jacobian matrix of power flow equation instead of using B constant as active power Balance equation considering transmission loss, and for determining directly optimal active power allocation without repeating calculations. 2) More reasonable and economic profit by minimizing total fuel cost of thermal power plants instead of using transmission loss as objective function of reactive Power control can be achieved. 3) Particularly in reactive power control, computing time can be considerably reduced by using Fuzzy Linear Programming instead of using conventional Linear Programming.

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Human-ware Approach on the Difference between Industrial Relations of Korea and Japan -Based on the Identification of the Gene- (한국과 일본의 기업풍토 및 경영성과 차이에 대한 휴먼웨어적 접근 -동일 유전자 측면을 기초로 하여-)

  • 이철우;서윤정
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.23 no.55
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    • pp.97-106
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    • 2000
  • In this paper, we would be searching for the complemental aspects in industrial relations of Korea compared with that of Japan. It is very reasonable that historical, geographical, and especially gene analysis data are almost identical, considering that the general evaluations to the motive of Japan's industry are $\ulcorner$the modernization of the tradition$\lrcorner$. Although it is reported Korea accomplished the high economic growth rate, the economic growth rate(efficiency) could not be continued. This reason looks like that Korean proper(eigen) traits(:Gene-ware) have been oppressed and concealed by social climate such as jealousy, stratagem and hatred, we can find one of this facts in the criminal and complaint numbers as social trust measurement. There are many cases that Korean industry was distorted by the superiority/inferiority relations, for examples, the loss of the native(eigen or proper) resources, a distorted introduction of the production method and the unfolding of the industry which be not related to the characteristics of region. In this reasons, Korean industry could not play the role of Human-ware function which activates Gene-ware or, Gene-Nascence. In this Human-ware aspects, Japanese characteristics, such as $\ulcorner$Getting the basic right$\lrcorner$ and $\ulcorner$Tendency to the origin$\lrcorner$, are to be useful in the Nascence of Gene-ware in Korean industry.

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An Economic Design of $\bar{X}$ Control Charts with Variable Sample Size and Sampling Interval (변량표본크기와 변량표본추출구간을 이용한$\bar{X}$관리도의 경제적 설계)

  • 김계완;윤덕균
    • Journal of Korean Society for Quality Management
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    • v.28 no.3
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    • pp.18-30
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    • 2000
  • Recent studies have shown that the $\bar{X}$ chart with variable sampling intervals(VSI) and the $\bar{X}$ chart with variable sample size(VSS) are much quicker than Shewhart $\bar{X}$ chart in detecting shiks in the process. Shewhart $\bar{X}$ chart has been beneficial to detect large shifts but it is hard to apply Shewhart $\bar{X}$ chart in detecting moderate shifts in the process mean. In this article the $\bar{X}$ chart using variable sample size(VSS) and variable sampling Intervals(VSI) has been proposed to supplement the weak point mentioned above. So the purpose of this paper is to consider finding the design parameters which minimize expected loss costs for unit process time and measure the performance of VSSI(variable sample size and sampling interval) $\bar{X}$ chart. It is important that assignable causes be detected to maintain the process controlled. This paper has been studied under the assumption that one cycle is from starting of the process to eliminating the assignable causes in the process. The other purpose of this article is to represent the expected loss costs in one cycle with three process parameters(sample size, sampling interval and control limits) function and find the three parameters.

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