• Title/Summary/Keyword: general exponential distribution

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A Study on Cost Rate Analysis Methodology of Credit Card Value Proposition (신용카드 부가서비스 요율 분석 방법론에 대한 연구)

  • Lee, Chan-Kyung;Roh, Hyung-Bong
    • Journal of Korean Society for Quality Management
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    • v.46 no.4
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    • pp.797-820
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    • 2018
  • Purpose: It is to seek for an appropriate cost rate analysis methodology of credit card value propositions in Korea. For this issue, it is claimed that methodologies based on probability distribution is more suitable than methodologies based on data-mining. The analysis model constructed for the cost rate estimation is called VCPM model. Methods: The model includes two major variables denoted as S and P. S is monthly credit card usage amount. P stands for the proportion of usage amount at special merchants over the whole monthly usage amount. The distributions assumed for P are positively skewed distributions such as exponential, gamma and lognormal. The major inputs to the model are also derived from S and P, which are E(S) and the aggregate proportion of usage amount at special merchants over the total monthly usage amount. Results: When the credit card's value proposition is general discount, the VCPM model fits well and generates reasonable cost rate(denoted as R). However, it seems that the model does not work well for other types of credit cards. Conclusion: The VCPM model is reliable for calculating cost rate for credit cards with positively skewed distribution of P, which are general discount card. However, another model should be built for cards with other types of distributions of P.

(s, S) Spare Part Inventory System

  • Park, Young-Taek
    • Journal of Korean Society for Quality Management
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    • v.14 no.2
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    • pp.21-27
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    • 1986
  • This paper deals with a continuous review (s,S) spare part inventory system. The distributions of service life of each part and the replenishment lead time are assumed to be exponential. Assuming that there is never more than a single order outstanding, we obtain the average annual cost of operating the inventory system. If the length of stockout period is small enough to be neglected compared to the length of operating period, the optimal operating policy variables minimizing the cost rate can be calculated iteratively. For the case of one-for-one ordering (that is, s=S-1), an exact cost rate, and a closed form decision rule minimizing the cost rate are obtained for a more general situation in which more than one order is allowed to be outstanding and the distribution of the replenishment lead time is general.

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Reliability analysis of a complex system, attended by two repairmen with vacation under marked process with the application of copula

  • Tiwari, N.;Singh, S.B.;Ram, M.
    • International Journal of Reliability and Applications
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    • v.11 no.2
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    • pp.107-122
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    • 2010
  • This paper deals with the reliability analysis of a complex system, which consists of two subsystems A and B connected in series. Subsystem A has only one unit and B has two units $B_1$ and $B_2$. Marked process has been applied to model the complex system. Present reliability model incorporated two repairmen: supervisor and novice to repair the failed units. Supervisor is always there and the novice remains in vacation and is called for repair as per demand. The repair rates for supervisor and novice follow general and exponential distributions respectively and the failure time for both the subsystems follows exponential distribution. The model is analyzed under "Head of line repair discipline". By employing supplementary variable technique, Laplace transformation and Gumbel-Hougaard family of copula various transition state probabilities, reliability, availability and cost analysis have been obtained along with the steady state behaviour of the system. At the end some special cases of the system have been taken.

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Shear correction factors of a new exponential functionally graded porous beams

  • Mohammed Sid Ahmed Houari;Aicha Bessaim;Tarek Merzouki;AhmedAmine Daikh;Aman Garg;Abdelouahed Tounsi;Mohamed A. Eltaher;Mohamed-Ouejdi Belarbi
    • Structural Engineering and Mechanics
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    • v.89 no.1
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    • pp.1-11
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    • 2024
  • This article introduces a novel analytical model for examining the impact of porosity on shear correction factors (SCFs) in functionally graded porous beams (FGPB). The study employs uneven and logarithmic-uneven modified porosity-dependent power-law functions, which are distributed throughout the thickness of the FGP beams. Additionally, a modified exponential-power law function is used to estimate the effective mechanical properties of functionally graded porous beams. The correction factor plays a crucial role in this analysis as it appears as a coefficient in the expression for the transverse shear stress resultant. It compensatesfor the assumption that the shear strain is uniform across the depth of the cross-section. By applying the energy equivalence principle, a general expression for static SCFs in FGPBs is derived. The resulting expression aligns with the findings obtained from Reissner's analysis, particularly when transitioning from the two-dimensional case (plate) to the one-dimensional case (beam). The article presents a convenient algebraic form of the solution and provides new case studies to demonstrate the practicality of the proposed formulation. Numerical results are also presented to illustrate the influence of porosity distribution on SCFs for different types of FGPBs. Furthermore, the article validates the numerical consistency of the mechanical property changesin FG beams without porosity and the SCF by comparing them with available results.

Estimation of Shelf Life Distribution of Seasoned Soybean Sprouts Using the Probability of Bacillus cereus Contamination and Growth

  • Lee, Dong-Sun;Hwang, Keum-Jin;Seo, II;Park, Jin-Pyo;Paik, Hyun-Dong
    • Food Science and Biotechnology
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    • v.15 no.5
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    • pp.773-777
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    • 2006
  • Growth of Bacillus cereus was assessed during the storage of seasoned soybean sprouts at 0,5, 10, and $15^{\circ}C$. No lag time in its growth curve was observed and thus the specific growth rate of B. cereus in the exponential growth phase was estimated for bootstrapped microbial count data. The distribution of the specific growth rate could be explained by the BetaGeneral distribution function, and temperature dependence was described by the Ratkowsky square root model. The temperature dependence of the growth could be successfully incorporated into the differential equation of microbial growth to predict the B. cereus count on the seasoned soybean sprouts under fluctuating temperature conditions. Safe shelf lives with different probabilities to reach $10^5\;CFU/g$ were presented at four different temperatures, considering the variation in initial contamination and specific growth rate by the Monte Carlo method and 2-step bootstrapping, respectively. Safe shelf lives defined as the time with a probability of less than 0.1% of reaching the critical limit, were 13.4, 5.2, 3.6, and 2.8 days at 0, 5, 10, and $15^{\circ}C$, respectively.

Performance Analysis of LAN Interworking Unit for Capacity Dimensioning of Internet Access Links

  • Park, Chul-geun;Han, Dong-hwan
    • The Journal of Korean Institute of Communications and Information Sciences
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    • v.25 no.4B
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    • pp.692-699
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    • 2000
  • We build and analyze some types of queueing model to discuss capacity dimensioning of access links of a LAN interworking unit connected to the Internet backbone network. We assume that the IWU has a FIFO buffer to transmit IP packets to the Internet through the backbone. In order to analyze the system, we use a Poisson process and an MMPP process as input traffic models of IP packets and we use a general service time distribution as a service time model. But we use both an exponential service time and a deterministic service time in numerical examples for simple and efficient performance comparisons. As performance measures, we obtain the packet loss probability and the mean packet delay. We present some numerical results to show the effect of arrival rate, buffer size and link capacity on packet loss and mean delay.

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Analysis of Incomplete Data with Nonignorable Missing Values

  • Kim, Hyun-Jeong
    • Journal of the Korean Data and Information Science Society
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    • v.13 no.2
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    • pp.167-174
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    • 2002
  • In the case of "nonignorable missing data", it is necessary to assume a model dealing with the missing on each situations. In this article, for example, we sometimes meet situations where data set are income amounts in a survey of individuals and assume a model as the values are the larger, a missing data probability is the higher. The method is to maximize using the EM(Expectation and Maximization) algorithm based on the (missing data) mechanism that creates missing data of the case of exponential distribution. The method started from any initial values, and converged in a few iterations. We changed the missing data probability and the artificial data size to show the estimated accuracy. Then we discuss the properties of estimates.

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Sensitivity Analysis for a Make-to-Order Inventory-Production System with Limited Order Acceptance Level (제한된 주문허용 수준을 갖는 주문공산 재고시스템을 위한 민감도 분석)

  • Kim Eungab;Kim Jiseung
    • Journal of the Korean Operations Research and Management Science Society
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    • v.30 no.2
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    • pp.117-129
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    • 2005
  • This paper considers a make-to-order inventory-production system in which customer orders are admitted only when the number of outstanding customer orders is below a value committed by the system. We deal with general distributions for the customer order Inter-arrival, production, and replenishment lead time processes. Monotonicities of the optimal average cost with respect to these distribution parameters are established using sample path coupling arguments. When distributions are given as an exponential one, we implement a sensitivity analysis on the optimal inventory policy and show that it has monotonicities with respect to system costs using dynamic programming.

MOMENTS OF LOWER GENERALIZED ORDER STATISTICS FROM DOUBLY TRUNCATED CONTINUOUS DISTRIBUTIONS AND CHARACTERIZATIONS

  • Kumar, Devendra
    • Journal of the Chungcheong Mathematical Society
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    • v.26 no.3
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    • pp.441-451
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    • 2013
  • In this paper, we derive recurrence relations for moments of lower generalized order statistics within a class of doubly truncated distributions. Inverse Weibull, exponentiated Weibull, power function, exponentiated Pareto, exponentiated gamma, generalized exponential, exponentiated log-logistic, generalized inverse Weibull, extended type I generalized logistic, logistic and Gumble distributions are given as illustrative examples. Further, recurrence relations for moments of order statistics and lower record values are obtained as special cases of the lower generalized order statistics, also two theorems for characterizing the general form of distribution based on single moments of lower generalized order statistics are given.

Optimal Provisioning Quantity Determination of Concurrent Spare Parts including Consumable Items and Repairable Items under the Availability Limitation (운용가용도 제약하에서 소모성부품과 수리순환부품이 혼재된 동시조달부품의 최적구매량 결정)

  • 오근태;김명수
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.23 no.59
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    • pp.53-67
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    • 2000
  • In this paper we consider the CSP requirements determination problem of new equipment(machine) system. For the newly procured equipment systems, mathematical analyses are made for the system which is constructed with the consumable parts and the repairable parts to derive the associated CSP requirement determination model in mathematical expression. Based on these analyses, a mathematical model Is derived for making an optimal CSP requirement determination subject to the constraint of satisfying any given operational availability limitation. We assume that the failure of a part follows a Poisson process and the repair time has an exponential distribution. Firstly, the operational availability concept in CSP is defined and the relation between the general system availability and the operational availability is established. Secondly, the problem is formulated as the cost minimization problem that should satisfy the operational availability limitation, and then, using the generalized Lagrange multipliers method, the optimal solution procedure Is derived.

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