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75 results for “minimum cost”
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Research ArticleOpen accessIn the abstractInventory Models with Power Demand and Inventory-Induced Demand with Holding Cost FunctionsRakesh Prakash Tripathi, Sarla Pareek, Manjit KaurIn real life customers are motivated to buy more if there is more availability of product. In this study, we develop inventory model for inventory dependent demand with different holding cost function. Mathematical formulations are discussed for two situations i.e., power demand rate with inventory dependent holding cost functions and inventory-induced demand rate with time and inventory dependent holding cost … …American Journal of Applied Sciences, Vol. 14, Issue 6 · 6 Apr 2017 · 7,542 accessesView PDFCite
Research ArticleOpen accessIn the abstractOptimal Subsurface Appraisal: A Key Link to the Success of Development Projects-Few ExamplesVirendra Singh, Ivan Yemez, Elena Izaguirre, Alvaro RaceroDuring exploration and production phases, the life of a hydrocarbon field can be distinguished by five main stages: Exploration, appraisal, development, production and abandonment. Of particular interest is the appraisal stage, where billions of dollars are spent across the oil and gas industry on data gathering activities with a view to reducing subsurface uncertainties towards optimizing reservoir development and management. … …American Journal of Applied Sciences, Vol. 14, Issue 2 · 13 Jan 2017 · 8,516 accessesView PDFCite
Research ArticleOpen accessIn the abstractCFD-PBE Modelling and Simulation of Enzymatic Hydrolysis of Cellulose in a Stirred TankNorazaliza Mohd Jamil, Qi WangRenewable energy or biofuel from lignocellulosic biomass is an alternative way to replace the depleting fossil fuels. The production cost can be reduced by increasing the concentration of biomass particles. However, lignocellulosic biomass is a suspension of natural fibres and processing at high solid concentration is a challenging task because it will affect the mixing quality between the enzyme and … …Journal of Mathematics and Statistics, Vol. 12, Issue 4 · 25 Oct 2016 · 7,999 accessesView PDFCite
Research ArticleOpen accessIn the abstractSTRATEGY TO INCREASE THE FARM COMPETITIVENESSFilippo Sgroi, Anna Maria Di Trapani, Riccardo Testa, Salvatore TudiscaItaly’s wine-growing production structure is highly pulverized. So, for many wine-growing farms lowering the production cost represents the only way of gaining a competitive advantage. Production at average unit costs lower than competitors allows to improve profitability. Among farming operations, winter pruning and tying of productive vine-branches require a high human labor. For this reason the paper presents the results … …American Journal of Agricultural and Biological Sciences, Vol. 9, Issue 3 · 16 Jun 2014 · 7,787 accessesView PDFCite
Research ArticleOpen accessIn the abstractREDUCING CALL BLOCKING PROBABILITY IN HYBRID MULTICAST WAVELENGTH DIVISION MULTIPLEXING NETWORKS USING WEIGHTED ROUTING AND WAVELENGTH ASSIGNMENT ALGORITHMD. V. Pradeep Sankar, K. MuneeswaranIn the proposed work, the focus is on increasing the available wavelength in the all-optical networks, for which the Routing and Wavelength Assignment plays a vital role. In the earlier reported work, the wavelengths were assigned to the links which covers a set of destinations but not all the intended destinations. However this proposed work, attempts were made to create … …Journal of Computer Science, Vol. 10, Issue 2 · 13 Nov 2013 · 6,849 accessesView PDFCite
Research ArticleOpen accessIn the abstractMulticost Routing Approach in Wireless Ad hoc NetworksD. Loganathan, P. RamamoorthyProblem statement: A Wireless ad hoc network is a collection of autonomous movable nodes that communicate with each other over wireless links without any static infrastructure. In these networks there is no fixed topology because of the mobility of nodes, interference, multipath propagation and path loss. A variety of routing protocols and algorithm with varying network settings are analyzed to … …Journal of Computer Science, Vol. 8, Issue 10 · 30 Aug 2012 · 6,737 accessesView PDFCite
Research ArticleOpen accessIn the abstractAn Effective Biogeography Based Optimization Algorithm to Slove Economic Load Dispatch ProblemM. Vanitha, K. ThanushkodiProblem statement: Implementation of an Effective Biogeography Based Algorithm (EBBO) for Economic Load Dispatch (ELD) problems in power system in order to obtain optimal economic dispatch with minimum generation cost. Approach: A viable methodology has been implemented for a 20 unit generator system to minimize the fuel cost function considering the transmission loss and system operating limit constraints and is … …Journal of Computer Science, Vol. 8, Issue 9 · 11 Aug 2012 · 7,538 accessesView PDFCite
Research ArticleOpen accessIn the abstractCost Efficiencies and Rankings of Flagship UniversitiesG. Thomas SavProblem statement: Each state in the U.S. touts a premier university as the flagship of its publicly funded higher education system. With decreased government budgets and increased interest in public management reforms, these institutions are being pressured to provide evidence of and set examples for ever greater improvements in operating cost efficiencies. The problem, however, is that empirical measures of … …American Journal of Economics and Business Administration, Vol. 3, Issue 4 · 20 Jan 2012 · 7,502 accessesView PDFCite
Research ArticleOpen accessIn the abstractFlow Based AlgorithmT. Karpagam, V. J. Sudhakar, N. Arunsankar, M. DhanasekaranProblem statement: Network topology design problems find application in several real life scenario. Approach: Most designs in the past either optimize for a single criterion like shortest or cost minimization or maximum flow. Results: This study discussed about solving a multi objective network topology design problem for a realistic traffic model specifically in the pipeline transportation. Here flow based algorithm … …American Journal of Applied Sciences, Vol. 9, Issue 2 · 22 Dec 2011 · 8,482 accessesView PDFCite
Research ArticleOpen accessIn the abstractConstrained Probabilistic Economic Order Quantity Model under Varying Order Cost and Zero Lead Time Via Geometric ProgrammingKotb Abd-El-Hamid Mahmoud Kotb, Huda Mohamed Hamid Al-ShanbariProblem statement: In this study, we provide a simple method to determine the inventory policy of probabilistic single-item Economic Order Quantity (EOQ) model, that has varying order cost and zero lead time. The model is restricted to the expected holding cost and the expected available limited storage space. Approach: The annual expected total cost is composed of three components (expected … …Journal of Mathematics and Statistics, Vol. 7, Issue 4 · 3 Nov 2011 · 7,612 accessesView PDFCite