Multicriterial Optimization in Production and Management

1994 ◽  
pp. 405-407
Author(s):  
Mark Rabinovitch
2015 ◽  
Vol 807 ◽  
pp. 247-256 ◽  
Author(s):  
Lena C. Altherr ◽  
Thorsten Ederer ◽  
Philipp Pöttgen ◽  
Ulf Lorenz ◽  
Peter F. Pelz

Cheap does not imply cost-effective -- this is rule number one of zeitgeisty system design. The initial investment accounts only for a small portion of the lifecycle costs of a technical system. In fluid systems, about ninety percent of the total costs are caused by other factors like power consumption and maintenance. With modern optimization methods, it is already possible to plan an optimal technical system considering multiple objectives. In this paper, we focus on an often neglected contribution to the lifecycle costs: downtime costs due to spontaneous failures. Consequently, availability becomes an issue.


2020 ◽  
Vol 0 (92) ◽  
pp. 53-61
Author(s):  
Yevhenii Myronenko ◽  
Serhii Mirantsov ◽  
Vitalii Guzenko ◽  
Denys Guzenko

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