Cost Function Selection


2004 ◽  
Vol 40 (23) ◽  
pp. 1509
Author(s):  
D. Ye ◽  
X. Li ◽  
X. Jiang


Author(s):  
A. González ◽  
M. G. Penedo ◽  
S. G. Vázquez ◽  
J. Novo ◽  
P. Charlón


Author(s):  
Shaoqiang Chen ◽  
Hui Wang ◽  
Qiang Huang

In design of a multistage machining process, process tolerance allocation at each stage and design of process layouts, in particular, the fixture layouts, should be optimized considering dimensional tolerance stackup or variation propagation. When multiple error sources contribute to the tolerance stackup, the dimensionality of the design space could be large and design solution may not be unique. One strategy is to prioritize the allocation of tolerances to different error sources at each stage through proper selection of cost functions. Considering the fact that the cost function selection can be very subjective and the knowledge regarding cost structures is very limited, we propose a hierarchical process design method using error equivalence concept to aggregate multiple error sources together. The main idea is to allocate tolerances to the aggregated error sources at each stage and then further distribute the tolerance to individual error sources through cost analysis. The advantage is two-fold: (1) limiting the impact of cost function selection within individual stages to avoid overhaul of process design caused by subtle change in cost functions, and (2) enabling the optimization of fixture layouts to reduce the overall tolerance stackup due to multiple error sources. To reduce computational load in optimizing process layouts, a computer experiment model is developed to explore a large number of process design alternatives. The robustness of the optimal tolerance is evaluated through sensitivity analysis, which provides guidance for process design. We illustrate the error-equivalence-based process design method by a multistage machining process. The results have shown that the proposed method could significantly reduce the design space and increase the design efficiency.





2012 ◽  
Vol 74 (null) ◽  
pp. 35-46
Author(s):  
박선영 ◽  
Chongwon Kim ◽  
Seung-Hoon Yoo


2019 ◽  
Vol 12 (2) ◽  
pp. 86-92

During the last years, the growth of transactions made through credit and debit cards has presented quite signif- icant increases both in number and in amounts. This paper studies the existence of economies of scale in the pro- cessing of such transactions, a situation that would exist if it were compatible with the existence of a single firm destined to the processing of said operations. The existence of a single firm for processing is not in itself a problem per se, which does generate problems for the competition is the structure of said firm, because for the period of time analyzed, its shareholder composition was composed of The main banks that issue these cards, but also have given them the function of being the acquirer of the merchants for these payment methods, which generates a vertically inte- grated structure, which creates competition problems in the market. After estimating the model indirectly from a cost function, this work determines the existence of economies of scale in the industry.



Author(s):  
Sang-Chan Moon ◽  
◽  
Soon-Geul Lee ◽  
Ihn-Sik Weon ◽  
◽  
...  


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