732 results on '"Profit Analysis"'
Search Results
2. Stochastic analysis of six wheeler automobile system model with a spare wheel
- Author
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Swati, Gupta, Rakesh, and Chaudhary, Pradeep
- Published
- 2024
- Full Text
- View/download PDF
3. Optimizing Sustainability and Profitability: A Two−Phase Extended Warranty Framework for Reman and New Products in Monopolistic OEMs
- Author
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P. Jalapathy and M. Mubashir Unnissa
- Subjects
Extended warranty ,non−linear optimization ,pricing management ,profit analysis ,(Re)manufacturing strategy ,utility theory ,Electrical engineering. Electronics. Nuclear engineering ,TK1-9971 - Abstract
Remanufactured products are now a vital part of Original Equipment Manufacturers (OEMs) product portfolio due to the financial benefits associated with them, as well as increased awareness about the need for economic and environmental sustainability on a regional as well as global level. Further, reman products appear to have substantially enhanced dependability when they become available on the product market because they are significantly more reliable. When a product appears (is sold) on the market, providing an extended warranty is one of the most effective methods of highlighting its reliability and standard quality. To determine the optimal pricing and production strategy for a monopolistic OEM who also participates in (re)manufacturing, the author proposes a two−phase Extended Warranty (EW) model for remanufactured (reman) and new products. By using the Karush−Kuhn−Tucker Non−Linear Optimization Programming Model, this study devises a framework for evaluating optimal prices, demands, and profitability of reman and newly produced products that incorporate an EW using a model framework. Based on the findings of our investigation, the OEM can choose to manufacture/produce a reman product, a new product, or a combination of reman and new products. Moreover, a numerical analysis has been conducted to determine the significance of EW, product failure rates, and customer preferences for both reman and brand−new products. The primary objective is to assess the impact of the EW. Through this study, the authors intend to highlight the importance of the EW in the purchasing decisions of customers. The results of the analysis will help to identify the key factors that influence the consumer’s willingness to buy a product with an EW. This study is crucial for businesses that want to understand the importance of EW in the market and tailor their strategies accordingly. The research findings indicate that OEMs might benefit by adding an EW to their product line as it could increase their profits.
- Published
- 2024
- Full Text
- View/download PDF
4. Redundancy Optimization for a System Comprising One Operative Unit and N Hot Standby Units.
- Author
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PARVEEN, SINGH, DALIP, and TANEJA, ANIL KUMAR
- Subjects
- *
REDUNDANCY in engineering , *INDUSTRIAL efficiency , *MANUFACTURING industries - Abstract
In many industries and applications, downtime or failure can have serious consequences, such as financial losses, safety hazards, or reputational damage. A hot standby unit can help minimize the impact of such events by providing a backup that can quickly and seamlessly take over in the event of a failure. Further, the question of as to how many hot standby units should be used also needs to be addressed. So, an N+1-Unit-system is investigated wherein N units are on hot standby, whereas one unit is operational and the system is such that the hot standby units can take over seamlessly if the single operative unit fails. The system breaks down completely when all the units fail. It is assumed that the failure rates of all the operational units and the redundant units will vary exponentially. To get different performability measurements, the regenerative point technique has been applied to optimize the value of N. [ABSTRACT FROM AUTHOR]
- Published
- 2023
5. RELIABILITY AND PROFITABILITY ANALYSIS OF A MIXED REDUNDANCY STANDBY SYSTEM COMPRISING OPERATIVE UNIT ALONG WITH HOT AND COLD STANDBY.
- Author
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Munda, Lalji, Taneja, Gulshan, and Sachdeva, Kajal
- Abstract
The redundancy of software and hardware components is one of the techniques to increase system availability and reliability. A redundant unit takes over if the primary unit malfunctions. The reliability and profit analysis of a system with one operational unit along with a hot standby unit and a cold standby unit has been investigated. Standby works with the same efficiency as the initially operative unit. Cold standby takes some time to become operative whenever required; however, the hot standby becomes operative instantaneously. Markov process and regeneration point technique have been used to describe mean time to system failure, availability of the system, busy period for repair and activation time of cold standby unit. Finally, numerical interpretation has been given for system profitability for a particular case. [ABSTRACT FROM AUTHOR]
- Published
- 2023
- Full Text
- View/download PDF
6. REDUNDANCY OPTIMIZATION FOR A SYSTEM COMPRISING ONE OPERATIVE UNIT AND N WARM STANDBY UNITS WITH SWITCHING TIME.
- Author
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Parveen, Singh, Dalip, and Taneja, Anil Kumar
- Abstract
The failure of a system with a single operative unit may lead to various types of losses including goodwill loss, non- production, revenue loss, etc. and, therefore, standby units are required to be used to decrease the downtime and avoid various types of losses. One may also keep in view that if cold standby units are used, the operation of the system gets delayed due to the requirement of activation time for making the standby unit operative and hence reducing the downtime. One may think of having warm standby units instead of cold standby units. Thus, a system comprising one operational unit and N warm standby units have been dealt with in the present paper with the provision of switching time for converting standby unit to operative one. Further, the question of as to how many such standby units should be used also needs to be addressed. Keeping this in view, an optimum analysis has been carried out besides finding other essential measures of system effectiveness. The value of N has been optimised using the regenerating point technique while also obtaining various kinds of performability measurements. [ABSTRACT FROM AUTHOR]
- Published
- 2023
- Full Text
- View/download PDF
7. Availability Analysis of Linear Consecutive 2:3:: G System in the Presence of Supportive System and Repairable System
- Author
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Mor, Shamsher Singh
- Published
- 2023
8. Novel Analysis between Two-Unit Hot and Cold Standby Redundant Systems with Varied Demand.
- Author
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Malhotra, Reetu, Alamri, Faten S., and Khalifa, Hamiden Abd El-Wahed
- Subjects
- *
AERONAUTICAL navigation , *CABLE manufacturing , *STOCHASTIC models , *STOCHASTIC systems - Abstract
Decisive applications, such as control systems and aerial navigation, require a standby system to meet stringent safety, availability, and reliability. The paper evaluates the availability, reliability, and other measures of system effectiveness for two stochastic models in a symmetrical way with varying demand: Model 1 (a two-unit cold standby system) and Model 2 (a two-unit hot standby system). In Model 1, the standby unit needs to be activated before it may begin to function; in Model 2, the standby unit is always operational unless it fails. The current study demonstrates that the hot standby system is more expensive than the cold standby system under two circumstances: a decrease in demand or the hot standby unit's failure rate exceeding a predetermined threshold. The cold standby system's activation time is at most a certain threshold, and turning both units on at once is necessary to handle the increasing demand. In that case, the hot standby will be more expensive than the cold standby system. The authors used semi-Markov and regenerative point techniques to analyze both models. They collected actual data from a cable manufacturing plant to illustrate the findings. Plotting several graphs and obtaining cut-off points make it easier to choose the standby to employ. [ABSTRACT FROM AUTHOR]
- Published
- 2023
- Full Text
- View/download PDF
9. Combined Redundancy Optimization for a System Comprising Operative, Cold Standby and Warm Standby Units.
- Author
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MUNDA, LALJI and TANEJA, GULSHAN
- Subjects
- *
MARKOV processes , *RELIABILITY in engineering - Abstract
The company or industry can increase system reliability and provide stress-free operation by adding redundant equivalent subsystems to the active unit. The warm standby system is accessible if the operational unit malfunctions, and the cold standby system can take over. This paper aims to analyze a system comprised of one operative unit, cold standby unit, and one warm standby unit. Cold standby is activated to become warm standby when the operative unit fails, and warm standby becomes operational immediately. A minor defect causes the warm standby unit to fail, whereas a major fault causes the operational unit to fail. Such systems are used by many businesses, sectors, and facilities to prevent operational and reputational losses. Cut-off values for the failure rate, activation rate, revenue cost, and cost per repairman visit have been calculated to determine when the system is profitable. Various system performance measures have been defined by using the Markov process and regeneration point method. [ABSTRACT FROM AUTHOR]
- Published
- 2023
10. Technoeconomic Analysis of Fuel Cell Vehicle‐to‐Grid (FCV2G) System Supported by Photovoltaic Energy.
- Author
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İnci, Mustafa
- Subjects
PHOTOVOLTAIC power systems ,HOME energy use ,CELL analysis ,FUEL cell vehicles ,FLEXTIME ,FUEL cells - Abstract
The investigation of fuel cell vehicles (FCVs) connected to grid (FCV2G) technology regarding the reduction of consumer costs is proposed. Herein, the key contribution is to investigate the energy and profit analysis aspects of an FCV2G system supported by photovoltaic (PV) panels for a 24 h operation. For this, an FCV in the rating of 100 kW is connected to the grid/homes, and a detailed analysis is performed for the FCV2G system supported by PV energy in the rating of 40 kW. The designed system is primarily tested for energy transfer from FCV/PV to grid/homes, and the results are verified for dynamic loading situations. It is observed that FCV + PV supply excess power to the grid during flexible hours of the day, and consumer homes use additional energy from the grid during peak hours. The profit analysis of the established FCV2G system is conducted using the load profile data for the 24 h situation. FCV2G supported by a PV system verifies that the homes' consumption cost is reduced significantly, and the remaining energy is utilized by selling the energy to the grid. [ABSTRACT FROM AUTHOR]
- Published
- 2023
- Full Text
- View/download PDF
11. Profit analysis of a paint manufacturing plant using RPGT
- Author
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Rajat
- Published
- 2022
- Full Text
- View/download PDF
12. ANALYSIS OF THE PROFITABILITY OF THE ENTERPRISE AS THE BASIC INDICATOR OF FINANCIAL STABILITY
- Author
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Tatiana Anatolievna Kulagovskaya, Ekaterina Evgenievna Puchkova, Elena Yurievna Zharikova, and Ivan Dmitrievich Glushko
- Subjects
прибыль ,финансовая устойчивость ,доходы ,расходы ,затраты ,анализ прибыли ,profit ,financial stability ,income ,expenses ,costs ,profit analysis ,Economics as a science ,HB71-74 - Abstract
The article shows the methodology for analyzing the profit of an enterprise, which allows to react in a timely manner to external and internal changes in financial instability. The main indicators of the activity of the economic agent are analyzed, the structure and cost structure will be introduced. In the course of the work, key performance indicators of the organization's activities were identified and calculated. The study revealed that the increase in the company's revenues is directly related to the increase in the provision of logistics services, and the increase in costs - with the growth of freight forwarding services and a decrease in depreciation
- Published
- 2022
13. RELIABILITY ANALYSIS OF PARALLEL SYSTEM USING INSPECTION FOR REPAIR ACTIVITIES.
- Author
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Dabas, Neetu, Rathee, Reetu, and Kumar, Joginder
- Abstract
The objective of this paper is to develop a reliability model for a two-unit parallel system using the concept of inspection. A single server is available to inspect the failed unit before its repair. Failed unit is replaced by new one if its repair is not possible. Semi-Markov process and regenerative techniques are used to derive the expressions for various reliability and economic measures such as mean time to system failure, availability, busy period analysis of server, expected number of visits by the server and profit function. The numerical values are also assigned to various parameters and costs for studying the graphical behavior of performance measures like MTSF, availability and profit of the developed models. The findings of the present study help the system developers to identify hazardous conditions, which further help in either correct them immediately or report them for corrective action before replacement of the system. [ABSTRACT FROM AUTHOR]
- Published
- 2022
14. Comparative analysis of recycling modes of power batteries based on extended producer-responsibility principle
- Author
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Shuyuan Chen, Mengjun Chen, Jiancheng Shu, and Yi Deng
- Subjects
Waste power batteries ,Recycling mode ,Extended producer-responsibility principle ,Profit analysis ,Sensitivity analysis ,Economic growth, development, planning ,HD72-88 ,Environmental technology. Sanitary engineering ,TD1-1066 - Abstract
To improve the effectiveness of recycling, echelon utilization, and recovery mechanism of waste power batteries (WPBs), 12 recycling modes were proposed based on extended producer-responsibility principle. By employing profit and sensitivity analyses, we found that resource-recovery companies (Rs) are the key for recycling, echelon utilization, and recovery mechanism. For R, the high resale price of waste LiNixMnyCo1−x−yO2 batteries was not conducive to recovering waste batteries. However, the recycling behavior of R was beneficial for resisting the risk of high resale price of waste LiNixMnyCo1−x−yO2 batteries. This condition increased the profits by saving on the buying cost and reselling of WPBs to echelon-utilization companies. Following the decrease in the number of recyclers in the recycling system, the profits of R also increased. However, when the proportion of recycled waste LiNixMnyCo1−x−yO2 batteries was 100%, the profits of R faced risks due to the high resale price of waste LiNixMnyCo1−x−yO2 batteries. For other recyclers, only the power-battery manufacturers (Ms) were willing to reduce the resale price of waste LiNixMnyCo1−x−yO2 batteries to let R earn profit because R supplied regenerated materials to M at a lower price than the material companies. This condition created a cycle for WPB recovery and reduced the use of raw materials. Thus, Mode M–R was considered as the optimal recycling mode.
- Published
- 2022
- Full Text
- View/download PDF
15. A four-unit repairable system with three subsystems in series and one subsystem containing n components in parallel under environmental failure.
- Author
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Gupta, Surbhi and Chandra, Anil
- Abstract
In this paper a four-unit repairable system with three subsystems in series and one subsystem containing n components in parallel has been studied with specific focus to understand the effect of environmental failure on this system. The causes of these environmental failures include failures due to human error, maintenance error, overloading etc. It has been assumed that the system is susceptible to these environmental failures from any given working state. The state transition diagram was prepared and mathematical modeling of the system was done by defining differential-difference equations for each state and their respective boundary conditions. These equations were solved by using supplementary variable technique and applying Laplace Transformation (LT) to obtain LT of upstate and downstate probabilities of the system. Abel's lemma was applied to find steady state probabilities for up-state and down-state of the system. In order to complete numerical computations, a particular case, assuming repair rates to follow exponential distribution was taken to identify upstate probability for that case. Certain numerical values of failure and repair rates were taken to find out effect of increase in magnitude of above-mentioned environmental failures on availability of system. Further, certain values for cost and revenue parameters per unit time were assumed and used with upstate probability, at steady state, to ascertain variation in profit function over time due to increase in magnitude of these environmental failures. [ABSTRACT FROM AUTHOR]
- Published
- 2022
- Full Text
- View/download PDF
16. Novel Analysis between Two-Unit Hot and Cold Standby Redundant Systems with Varied Demand
- Author
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Reetu Malhotra, Faten S. Alamri, and Hamiden Abd El-Wahed Khalifa
- Subjects
stochastic systems ,statistical model ,reliability ,prediction ,profit analysis ,manufacturing ,Mathematics ,QA1-939 - Abstract
Decisive applications, such as control systems and aerial navigation, require a standby system to meet stringent safety, availability, and reliability. The paper evaluates the availability, reliability, and other measures of system effectiveness for two stochastic models in a symmetrical way with varying demand: Model 1 (a two-unit cold standby system) and Model 2 (a two-unit hot standby system). In Model 1, the standby unit needs to be activated before it may begin to function; in Model 2, the standby unit is always operational unless it fails. The current study demonstrates that the hot standby system is more expensive than the cold standby system under two circumstances: a decrease in demand or the hot standby unit’s failure rate exceeding a predetermined threshold. The cold standby system’s activation time is at most a certain threshold, and turning both units on at once is necessary to handle the increasing demand. In that case, the hot standby will be more expensive than the cold standby system. The authors used semi-Markov and regenerative point techniques to analyze both models. They collected actual data from a cable manufacturing plant to illustrate the findings. Plotting several graphs and obtaining cut-off points make it easier to choose the standby to employ.
- Published
- 2023
- Full Text
- View/download PDF
17. Reliability and Profit Analysis of a Power Generating System with Effect of Ambient Temperature and Priority for Repair to the Gas Turbine over Steam Turbine on System Failure
- Author
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Rajesh, Taneja, Gulshan, Prasad, Jagdish, Verma, Ajit Kumar, Series Editor, Kapur, P. K., Series Editor, Kumar, Uday, Series Editor, Singh, Gurinder, editor, and Klochkov, Yury S., editor
- Published
- 2020
- Full Text
- View/download PDF
18. Stochastic Analysis of a Computer System with Unit Wise Cold Standby Redundancy and Failure of Service Facility
- Author
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R. K. Yadav and S. C. Malik
- Subjects
computer system ,unit wise redundancy ,failure of service facility ,reliability measures ,stochastic analysis ,profit analysis ,Technology ,Mathematics ,QA1-939 - Abstract
Here, we analyze stochastically a computer system by taking one more similar unit (called computer system) in cold standby redundancy. The computer system consists of hardware and software components together. The provision of a single service facility has been made for repairing hardware and up-grading the software. The failure of the service facility is considered which resumes the jobs with full efficiency as new after availing treatment. The failure rates of hardware and software components as well as failure rate of the service facility are taken as constant and thus follow negative exponential distribution. The treatment rate of the service facility, repair rate of the hardware and up-gradation rate of the software follow arbitrary distributions with different probability density functions. Efforts have been made to determine reliability measures in steady state by using SMP and RPT. The behavior of MTSF, availability and also the profit function is observed graphically for some particular situations of the parameters.
- Published
- 2020
- Full Text
- View/download PDF
19. RELIABILITY ANALYSIS OF A SYSTEM WITH TWO OPINIONS FOR DIAGNOSIS AND POST REPAIR INTENSIVE INSPECTION.
- Author
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Taneja, Anil Kumar and Bala, Charu
- Subjects
RELIABILITY in engineering ,SYSTEM failures ,REPAIRING ,DIAGNOSIS - Abstract
This paper aims to present the idea of post-repair intensive inspection by an expert. On the failure of a system, two independent opinions are taken to get the cause of failure. If the two opinions are contradictory, the system is undertaken by an expert for inspection and repair. If the two opinions are in accordance, the system is observed. If the diagnosis was still improper even after the same two opinions, the system is undertaken by the expert. Then, the system is again put under observation, and if any fault occurs during the observation period, then an intensive inspection (post-repair) is carried out by an expert. It is assumed that after this post repair intensive inspection, the cause of failure is diagnosed ideally. All the time distributions are arbitrary. Various measures and profit functions have been obtained using Markov and regenerative techniques. Graphical analysis is also done. [ABSTRACT FROM AUTHOR]
- Published
- 2022
20. RELIABILITY CHARACTERISTICS OF A PARALLEL-COLD STANDBY SYSTEM OF PAIRWISE IDENTICAL FOUR UNITS WITH PROVISION OF PRIORITY.
- Author
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Rathi, Puran, Malik, S. C., and Nandal, N.
- Subjects
STOCHASTIC processes ,NEWSVENDOR model ,PROBABILITY theory - Abstract
The aim of this paper is to determine some significant reliability characteristics of a parallel-cold standby system of four units. The units in the system are pairwise identical which work in two phases. In first phase, the two identical units (called main units) work in parallel and the other two units (called redundant units) are kept as spare in the cold standby. In the second phase, the cold standby units work simultaneously at failure of all the main units. The main units are identical but dissimilar to the cold standby units. The single cold standby unit cannot bear the load of the system. A single server is engaged to handle the all repairs activities. The provison of priority has been made for the operation and repair of the main unit. Some significant reliability characteristics including MST, transition probabilities, MTSF, availability, expected number of repairs (for both types of units), server's busy period, server's expected number of visits, and the profit function are obtained in the steady state by making use of well known stochastic process approaches. The graphically representation of these reliability characteristics has been made for arbitrary values of the rates associated with failure and repair times. The application of the present study can be seen in the power distribution systems. [ABSTRACT FROM AUTHOR]
- Published
- 2021
21. Energy, emission, profitability, and sustainability analyses of a grid-connected solar power plant proposed in airport sites of Bangladesh: a case study.
- Author
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Chowdhury, Hemal, Chowdhury, Tamal, Hossain, Nazia, Chowdhury, Piyal, dos Santos Mascarenhas, Jefferson, and Bhuiya, Muhammad Mostafa Kamal
- Subjects
SOLAR power plants ,ENERGY consumption ,ELECTRIC power consumption ,AIRPORTS - Abstract
Nowadays, the aviation industry is one of the significant contributors to greenhouse gas emissions. An optimum solution to this concern is the substitution of conventional electricity consumption with clean energy sources. Barren lands are available in airport sites as buffer zones. These lands can be utilized to generate electricity from clean energy sources like solar, wind, and others. This study proposed a 5 MW grid-connected solar power plant at airport sites by utilizing the substantial barren area of the airport. The targeted airports for this study are Hazrat Shahjalal International Airport, Dhaka, and Shah Amanat International Airport, Chittagong, Bangladesh. Mathematical and simulation analyses have been performed for this purpose. Besides, sustainability analysis has also been incorporated for the grid-connected solar power plant. The energy efficiency varies from 18.74 to 7.79% for the Shah Amanat International Airport, and for the Hazrat Shahjalal International Airport, it ranges from 17.71 to 7.45%. Based on the project outcome, the revenue earned was 25% higher if the total cost was invested in power plants rather than keeping it in the bank as a deposit. On the other hand, emission analysis presented that a gross reduction of 3827.5 tons of CO
2 /MWh can be achieved from the Shah Amanat International Airport, while 3926 tons of CO2 /MWh can be removed from the Hazrat Shahjalal International Airport. Based on the sustainability analysis, the energy depletion ratio for Shahjalal Airport varies from 0.82 to 0.93, while for Shah Amanat Airport, it is in the range of 0.81 and 0.92. The findings of this study suggested that investment in grid-connected solar power plants is economically viable and environmentally benign. [ABSTRACT FROM AUTHOR]- Published
- 2021
- Full Text
- View/download PDF
22. Performance Analysis of the Water Treatment Reverse Osmosis Plant.
- Author
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Agrawal, Amrita, Garg, Deepika, Kumar, Arun, and Kumar, Rakesh
- Subjects
- *
REVERSE osmosis (Water purification) , *WATER pumps - Abstract
In this research paper, profit analysis of a Water Treatment Reverse Osmosis (RO) Plant is carried out by using the Regenerative Point Graphical Technique (RPGT) under specific conditions for system parameters. The paper analyzes the behavior of a water treatment RO plant consisting of subunits namely Multimedia filter (MMF), Cartridge filter (CF), High-pressure pump (HPP), RO System (ROS). The system is in a working state when all subunits are in good condition. A repair facility is accessible for all subunits. Availability of the plant, Busy Period of the Server (BPS) and Expected number of inspection by the repairman (ENIR) is calculated by using the RPGT technique. Finally, numerical analysis is carried out for calculating the performance measures and their comparisons. [ABSTRACT FROM AUTHOR]
- Published
- 2021
23. Dynamic profitability threshold of a sports equipment selling enterprise.
- Author
-
WITOLD, WIŚNIEWSKI JERZY
- Abstract
The increase in household wealth, observed at the beginning of the 21
st century in Poland, results in dynamic development of sport infrastructure. Playing fields, bicycle paths, swimming pools and recreation centers emerge in publicly accessible places. This generates great demand for sports equipment, which is also fostered by the sport successes achieved by Polish athletes in many disciplines. The subject of this study entails the profitability threshold of an enterprise selling sports equipment on the Internet. Profitability threshold is an enterprise characteristic that does not belong to the categories analyzed via econometric tools. The literature, therefore, lacks studies addressing empirical determination of profitability threshold in an enterprise. This necessitates a model comparison of the company's total costs against the sales revenues. The purpose of this article is to describe the variability mechanism of the total costs in an enterprise, using a stochastic econometric model. Sales revenues have been included in the model equation. This will allow to determine the level of the company's fixed costs as well as calculate the increase in the variable costs the per revenue unit. Positive verification of the empirical model allowed indication of the sales revenues level at which the total costs are covered. This requires comparison of an empirical equation of the cost with a hypothetical equation that assumes equal costs and revenues. By solving such a system of equations, the company's profitability threshold is obtained. Exceedance of the profitability threshold results in the appearance of profit in an enterprise. A procedure for determining the dynamic profitability threshold of an enterprise has been presented as well. This procedure is necessary when a trend occurs in the empirical equation of the total costs. Information on the profitability threshold becomes an important decision-making tool in an enterprise. It indicates the point at which profit on sales can be expected in a period under observation. Additionally, it suggests the use of marketing tools that allow the company to exceed the profitability threshold. [ABSTRACT FROM AUTHOR]- Published
- 2021
- Full Text
- View/download PDF
24. PROFIT ANALYSIS OF CABBAGE FARM MANAGEMENT IN MALANG, INDONESIA
- Author
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Haryati N., Dewi H.E., and Rachmawati N.D.
- Subjects
Profit analysis ,risk ,cabbage farming ,Agriculture (General) ,S1-972 - Abstract
The successful agribusiness is based on farmer competency and their ability to make farming decisions. This research aims to understand: the characteristic of cabbage farmer; the revenue analysis and feasibility study of cabbage farming; the obstacles and the risks which are encountered by the farmer. Malang was chosen deliberately as the research location considering it as the centre of cabbage production. This research used a probability sampling, with 24 samples of respondent drew by a simple random sampling. Result shows that the majority of respondent are between 30-49 years old and most of them are elementary school graduates. Most farmers have worked on their farming for more than 20-30 years. Some of respondent has wide area of cabbage farming from 1-2 ha, that makes the farming profits obtained was Rp. 22,488,325. Result shows that RC Ratio were 2,16, BEP price is Rp. 1.174,39, and BEP unit is 2.811,19 kg. It can be concluded that cabbage farming was done during that season was highly feasible.
- Published
- 2019
- Full Text
- View/download PDF
25. A realistic assessment of day-ahead profit for wind farms in frequency–based energy pricing environment.
- Author
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Das, Priti and Malakar, Tanmoy
- Subjects
- *
WIND power plants , *ENERGY crops , *RENEWABLE energy sources , *CLEAN energy , *WIND forecasting , *OFFSHORE wind power plants - Abstract
The progressive regulatory moves in the competitive energy market have encouraged market participants to invest more in the green energy sector worldwide. The unpredictability of renewable energy sources has caused the long-term energy market to dominate, despite many demerits. Studies show that long-term contracts are economically inefficient due to forecasting errors. These cause higher imbalance costs and limit overall profit. Thus, utilities need to unlock the potential of short-term contracts to tackle this imbalance. Because of this, a day-ahead energy contract model for a wind farm in the short-term energy market is proposed in this paper. The model is devised by forecasting season-specific wind speed scenarios. The profit margin of the wind farm is estimated under the Indian energy market context. Practicality issues like frequency sensitive imbalance pricing, scheduled energy price, and regulations of Indian grid codes are implemented. Case studies and results demonstrate the effectiveness of the proposed model. [ABSTRACT FROM AUTHOR]
- Published
- 2021
- Full Text
- View/download PDF
26. Profit analysis of a system working in high temperature zones with effect of Day-Night on repair
- Author
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Sheetal, Singh, Dalip, and Taneja, Gulshan
- Published
- 2018
27. RELIABILITY ANALYSIS OF A COMPUTER SYSTEM WITH UNIT WISE COLD STANDBY REDUNDANCY SUBJECT TO FAILURE OF SERVICE FACILITY DURING SOFTWARE UP-GRADATION.
- Author
-
Malik, S. C. and Yadav, R. K.
- Subjects
QUALITY of service ,SPARE parts ,COMPUTER software ,DISTRIBUTION (Probability theory) ,STOCHASTIC models ,COMPUTER systems - Abstract
The cold standby redundancy technique has been applied to develop a stochastic model for a two unit computer system. One unit (computer system) is initially operative and the second unit (computer system) is in cold standby. Each unit comprises two main components hardware and software. To handle the repair activities of the components (i.e. hardware and software), a single service facility (server) is provided. The failure of service facility is considered during the up-gradation of the software. The prescribed assignments are resumed with full efficiency by service facility after treatment. The failure rates of the components are assumed as constant. The hardware repair's rate, software's up-gradation rate and server's treatment rate follow arbitrary probability distributions. The SMP and RPT are adopted to determine various reliability measures of the computer system model. And, also the profit of the system model has been obtained. The interpretation of the results is given wherever necessary and graphs are drawn to show the trend of MTCSF, availability and Profit Function of the system model. [ABSTRACT FROM AUTHOR]
- Published
- 2020
28. Econometric Profit Forecasts of a Company Selling Sports Equipment.
- Author
-
WIŚNIEWSKI, JERZY WITOLD and SOKOŁOWSKA, EWELINA
- Abstract
Sport infrastructure has been developing dynamically in Poland since the beginning of the 21
st century. Sport fields/arenas, bicycle paths, swimming pools, recreation centers in parks and in housing estates are being built. This causes a great need for sporting equipment. The demand for sporting equipment is fostered by the sporting successes achieved by Poles in many disciplines. The level of household affluence has also been increasing, which is conducive to this type of spending. The subject of this study entails the profit of an enterprise selling sporting equipment via the Internet. Profit is an enterprise characteristic which does not belong to the categories analyzed using econometrics tools. As such, literature lacks publications on the subject of enterprise profit forecasting. Literature also lacks econometric models describing the mechanisms of profit variability. Only works addressing the issue of optimization models can be found, where profit functions as a goal. The purpose of this work is to describe the mechanism of enterprise-profitability variability using a stochastic econometric model. The econometric model's equations include causal conditions, autoregression, a trend and seasonal fluctuations. The volatility mechanisms of three profit measures has been examined: the sales, the operating and the net profit. A recursive mechanism has been considered, examining the impact on profit of such factors as: the company's sales volume and the economic situation represented by the Warsaw Stock Exchange Index (WIG). Positive verification of the empirical model allowed construction of short-term profit forecasts for the enterprise. To estimate the profit forecasts, extrapolative forecasts of profit factors have been used, i.e. the sales revenues and the value of the WIG index. The quality of the profit forecasts, therefore, depend on the quality of the forecasts of these profit factors. [ABSTRACT FROM AUTHOR]- Published
- 2020
- Full Text
- View/download PDF
29. Profit Analysis of a Uni-Directional and Non Revertible 1+1 Protection Switching Scheme in Optical Communication Process.
- Author
-
Sonia, Kumar, Anil, and Taneja, Gulshan
- Subjects
- *
IMAGE processing , *OPTICAL switching , *PROFIT , *SYSTEM analysis , *OPTICAL communications , *RANDOM access memory - Abstract
The present paper examines availability and profit analysis of a system comprising four optical lines out of which two are operative (working paths) and the other two are hot-standby (protection paths). Each working line has its own hot standby. On the failure of the working path, signal is received from its own protection path and the failed unit is gone under repair immediately by a repairman. If a working path and its corresponding protection path both get failed then system is said to be failed. The system is analyzed by making use of regenerative point technique. Various measures of system effectiveness as well as expression for finding the profit have been obtained. [ABSTRACT FROM AUTHOR]
- Published
- 2019
- Full Text
- View/download PDF
30. Comparative analysis of two reliability models with regard to provision of assistant repairman and discussion time
- Author
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Taneja, Anil Kumar
- Published
- 2018
31. Profit Analysis for Nuclear Reactor with Standby Generators
- Author
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Gupta, P. K., Kumar, Vikas, and Raj, Rishabh
- Published
- 2017
32. Novel Analysis between Two-Unit Hot and Cold Standby Redundant Systems with Varied Demand
- Author
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Khalifa, Reetu Malhotra, Faten S. Alamri, and Hamiden Abd El-Wahed
- Subjects
stochastic systems ,statistical model ,reliability ,prediction ,profit analysis ,manufacturing ,innovation ,symmetry - Abstract
Decisive applications, such as control systems and aerial navigation, require a standby system to meet stringent safety, availability, and reliability. The paper evaluates the availability, reliability, and other measures of system effectiveness for two stochastic models in a symmetrical way with varying demand: Model 1 (a two-unit cold standby system) and Model 2 (a two-unit hot standby system). In Model 1, the standby unit needs to be activated before it may begin to function; in Model 2, the standby unit is always operational unless it fails. The current study demonstrates that the hot standby system is more expensive than the cold standby system under two circumstances: a decrease in demand or the hot standby unit’s failure rate exceeding a predetermined threshold. The cold standby system’s activation time is at most a certain threshold, and turning both units on at once is necessary to handle the increasing demand. In that case, the hot standby will be more expensive than the cold standby system. The authors used semi-Markov and regenerative point techniques to analyze both models. They collected actual data from a cable manufacturing plant to illustrate the findings. Plotting several graphs and obtaining cut-off points make it easier to choose the standby to employ.
- Published
- 2023
- Full Text
- View/download PDF
33. Profit analysis of butter-oil (ghee) producing system of milk plant using supplementary variable technique.
- Author
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Kumari, Parveen, Kadyan, Mukender Singh, and Kumar, Jitender
- Abstract
Present paper discussed the butter-oil (ghee) producing system consists of four subsystems—'Melting Vats', 'Boilers', 'Butter-oil Clarifier' and 'Butter-oil Settling Tank'. All the four subsystems are connected in series configuration. The subsystem 'Melting Vats' consists two dissimilar units: one is performing the intended task and other is hold in cold standby. Subsystem 'Boilers' consists of three similar units, all are connected in parallel. Subsystems 'Butter-oil Clarifier' and 'Butter-oil Settling Tank' each consists of one unit. Time to failure of all the subsystems are exponentially distributed and repair times follow arbitrary distribution. Supplementary variable technique is used for analysis purpose. Also in the special case, the numerical results along with their graphs for distinct values of subsystems parameters such as failure rate and repair rate have been evolved to explore the behaviour of various performance characteristics of butter-oil producing system. [ABSTRACT FROM AUTHOR]
- Published
- 2019
- Full Text
- View/download PDF
34. PROFIT ANALYSIS OF A WARM STANDBY NON-IDENTICAL UNITS SYSTEM WITH SINGLE SERVER SUBJECT TO PREVENTIVE MAINTENANCE.
- Author
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Kumar, Ashok, Pawar, Dheeraj, and Malik, S. C.
- Subjects
PROBABILITY density function ,ARBITRARY constants ,POINT processes ,PROFIT ,TIME measurements - Abstract
In this paper, profit analysis of a warm standby non-identical (one is main unit another is duplicate unit) units system with single server subject to preventive maintenance of the unit have been discussed. Server repairs or maintenances under the rule FCFS (first come first served). The model consists of two non-identical units--one is operative and the other is kept as warm standby and one unit is sufficient to make the system in operative mode. The main unit may fail directly from normal mode and the warm standby unit can fail owing to remain unused for a longer period of time. The unit undergoes for preventive maintenance after a specific period of the time. The time taken to repair activity by the server follows negative exponential distribution whereas the lifetime distributions of units are taken as arbitrary with different probability density functions. The expressions of various stochastic measures are analyzed in steady state using semi-Markov process and regenerative point technique. To delineate the behavior of some important performance measures to check the efficacy of the system model graphs are drawn by taking arbitrary values of the parameters (i.e. λ, µ, ϕ and θ). [ABSTRACT FROM AUTHOR]
- Published
- 2019
35. Формування механізму управління прибутком комерційних підприємств
- Author
-
ГОНЧАРЕНКО, М. Л.
- Subjects
OVERHEAD costs ,PROFIT-sharing ,MARKET value ,DECISION making ,PRODUCTION planning - Abstract
Profit is one of the main economic categories, reflecting all aspects of the activities of business entities and ensures their stable operation. Making and maximizing a profit gives the company the opportunity for continuous development and improvement, providing it with competitive advantages in the market. Achieving maximum profit and minimizing costs is one of the main goals of any commercial enterprise. The purpose of the article is to reveal the theoretical foundations of the economic mechanism of profit management based on the use of the processes of its planning, analysis and distribution. As study results shows the structure of the mechanism of profit management includes: state regulatory and market economic regulation of the process of formation and use of profit, as well as a system of specific internal methods and techniques that form the enterprise. It was emphasized that the theoretical foundations of profit management should be based on the principles of integration with the general management system, for the solution of the different tasks, flexibility and variability of approaches to the development of management decisions. It was substantiated that in the process of forming profits, enterprises often face a decrease in actual revenues compared with the plan. This situation should be corrected by reducing costs and ensuring nonoperating income. It was proved that the main goal of the profit distribution process is to optimize the proportions between the share of profits, its capitalization and consumption. Optimization is necessary to ensure the implementation of the enterprise development strategy and the growth of its market value. The necessity of creating special separate subdivisions at enterprises (profit centers), which provide in dynamics the optimal combination of the values of sales volume, selling prices, variable and fixed costs, income and net profit, was confirmed. [ABSTRACT FROM AUTHOR]
- Published
- 2019
- Full Text
- View/download PDF
36. Reliability Measures and Profit Exploration of Windmill Water-Pumping Systems Incorporating Warranty and Two Types of Repair
- Author
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Nupur Goyal, Mangey Ram, Akshay Kumar, Soni Bisht, and Yury Klochkov
- Subjects
combined system ,reliability ,system degradation ,profit analysis ,warranty period ,Mathematics ,QA1-939 - Abstract
Wind energy is a kind of renewable energy that plays a significant role in remote areas for pumping water. The windmill is also used to generate electricity. The windmill is also known as a wind pump when it is used for pumping water. In this work, the authors proposed a complex hybrid model of an example of combined system (windmill, rechargeable battery and pumping system) to evaluate the system’s performance. System performance was affected by system degradation due to system failure. These factors also affected the profit of the user. Two types of repair facilities for continuous and satisfactory performance of the system were assumed. To illustrate the system modeling using the Gumbel–Hougaard family of the copula, numerical examples were used for the exploration of Markov results of the reliability measures and the profit of the system with the warranty period, with this also being demonstrated graphically.
- Published
- 2021
- Full Text
- View/download PDF
37. Analisis Kelayakan Agroindustri Pengolahan Salak UD Salacca di Desa Aek Nabara Kecamatan Angkola Barat Kabupaten Tapanuli Selatan Provinsi Sumatera Utara
- Author
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Lukman Hakim, Laily Arfah Ritonga, and Irwan A. Kadir
- Subjects
Marketing efficiency ,Agricultural science ,biology ,Profit analysis ,Marketing channel ,Revenue ,General Medicine ,Business ,biology.organism_classification ,Salacca ,Research method - Abstract
Salacca trading business is one of the business units engaged in the processing of food and beverages made from salak such as lunkhead, chips, syrup, dates and others. The purpose of this study is to analyze salak processing techniques, profits, feasibility, marketing channels, marketing margins and marketing efficiency of the Salacca trading business. The research method used is profit analysis, business feasibility analysis, margin analysis and marketing efficiency analysis. The results showed that the processing of Salacca trading business products started from the process of peeling the skin of the salak, washing the salak fruit, and separating the seeds from the salak meat, then the process of boiling the salak meat, grinding the salak. meat, cooking salak meat by mixing the necessary ingredients, then packaged. The Salacca trading business has a profit of Rp 240,263,152 per year. Revenue Cost Ratio (R/C Ratio) of 1.44, BEP of Production 7,074 kg and BEP of price of Rp 48,766, - and Return on Investment (ROI) of 44%. It is concluded that the Salak Trading Business is profitable and feasible to run. The Salacca trading business has two marketing channels, that is: marketing channel 1 (Salacca trading business – consumer), and marketing channel II (Salacca trading business – retailer – consumer). Marketing channel I has a margin of Rp 58,545,- in marketing channel II Salacca trading business have a margin of Rp 50,064,- retailers have a margin of Rp 8,481,-. Marketing channel I is the most efficient with a percentage of 35%.
- Published
- 2021
- Full Text
- View/download PDF
38. Combined Redundancy Optimization for a System Comprising Operative, Cold Standby and Warm Standby Units
- Author
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Lalji Munda and Taneja, Gulshan
- Subjects
Cold Standby ,Redundancy ,Warm Standby ,Profit Analysis - Abstract
The company or industry can increase system reliability and provide stress-free operation by adding redundant equivalent subsystems to the active unit. The warm standby system is accessible if the operational unit malfunctions, and the cold standby system can take over. This paper aims to analyze a system comprised of one operative unit, cold standby unit, and one warm standby unit. Cold standby is activated to become warm standby when the operative unit fails, and warm standby becomes operational immediately. A minor defect causes the warm standby unit to fail, whereas a major fault causes the operational unit to fail. Such systems are used by many businesses, sectors, and facilities to prevent operational and reputational losses. Cut-off values for the failure rate, activation rate, revenue cost, and cost per repairman visit have been calculated to determine when the system is profitable. Various system performance measures have been defined by using the Markov process and regeneration point method.
- Published
- 2023
- Full Text
- View/download PDF
39. Reliability analysis of two unit parallel repairable industrial system
- Author
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Mohit Kumar Kakkar, Ashok K Chitkara, and Jasdev Bhatti
- Subjects
Profit Analysis ,Mean Time to System Failure ,Availability ,Busy Period ,Analysis ,QA299.6-433 ,Business mathematics. Commercial arithmetic. Including tables, etc. ,HF5691-5716 - Abstract
The aim of this work is to present a reliability and profit analysis of a two-dissimilar parallel unit system under the assumption that operative unit cannot fail after post repair inspection and replacement and there is only one repair facility. Failure and repair times of each unit are assumed to be uncorrelated. Using regenerative point technique various reliability characteristics are obtained which are useful to system designers and industrial managers. Graphical behaviors of mean time to system failure (MTSF) and profit function have also been studied. In this paper, some important measures of reliability characteristics of a two non-identical unit standby system model with repair, inspection and post repair are obtained using regenerative point technique.
- Published
- 2015
- Full Text
- View/download PDF
40. Analisis Keuntungan Usahatani Jeruk Siam Pada Lahan Gambut Di Kecamatan Betara, Kabupaten Tanjung Jabung Barat
- Author
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Dalas, Ici, Edison, Edison, and Muchlis, Fuad
- Subjects
Siamese Oranges ,Profit Analysis ,Peatlands - Abstract
Siam orange production in Jambi Province in 2019 was 372,516 quintals, with an average yield per hectare of 54.85 quintals with a harvested area of 946.20 hectares. Of this number, Tanjung Jabung Barat Regency in 2019 was the third largest Siamese orange producing area in Jambi Province, with a production of 102,609 quintals. The limitations of production cost factors as input allocation will affect profits in Siam Orange farming optimally so that from this situation farmers are faced with the choice of using farming resources and are required to implement limited resource efficiency efforts so that they are profitable in Siam Orange farming.The purpose of this study was to determine the general description of farming, the magnitude of the profits obtained from farming and to analyze the factors that influence the profits of Siamese citrus farming. The research location is in Betara District, Tanjung Jabung Barat Regency. The analysis used to analyze the profit of farming is descriptive quantitative analysis. and to analyze profits with the Cobb-Douglas function, and analysis of R/C ratio. General description of Siamese citrus farming on peat land in the research location, harvest duration 2 times know the cost of production Rp. Rp.17.556.054/tahun, with big profits Siam citrus farming research location Rp. 109.005.546 /tahun. Cobb Douglas function coefficient test Production factors, land rent costs, fertilizer costs, labor costs, pesticide costs and depreciation costs partially affect the profits of Siamese citrus farming on peatlands. Land rental costs, fertilizer costs and depreciation costs have a positive effect on profits, while labor costs and pesticide costs have a negative effect on the profits of Siamese citrus farming on peat land.
- Published
- 2022
41. Profit Analysis of a Two Unit Cold Standby System Operating Under Different Weather Conditions Subject to Inspection.
- Author
-
BARAK, M. S., NEERAJ, and KUMARI, SUDESH
- Subjects
- *
MAINTENANCE , *RELIABILITY in engineering , *HYDRAULIC machinery , *SYSTEMS engineering , *ENGINEERING inspection - Abstract
A system, or unit, is said to be working under normal weather conditions if the system is working under prescribed conditions as defined/stated by the definition of reliability of system/unit, otherwise the system is said to be working in abnormal weather conditions. For example, if a car with the capacity for five persons is carrying more than five persons, it will be said to be working under abnormal weather conditions. Another example, if a hydraulic machine having the capacity to lift a maximum weight of 500 tons is lifting a weight of 600 tons, then the machine is working under abnormal weather conditions. Hence, in this situation, work done by the machine is out of its capacity and the machine is working in abnormal weather conditions. If the machine is working within the capacity of the stated conditions, it is said to be working in normal weather conditions. The main purpose of this paper is to analyze the profit of a two-unit system called the standby system that is working under different weather conditions in an inspection facility. There is a single perfect server who visits the system immediately whenever required. A server inspects the unit before repair/replacement of the failed unit. All the mechanical activities done by the server are only possible during normal weather conditions. There are two possibilities after inspection of the unit; either repair of the unit is feasible or not feasible. If repair of the unit is not feasible, then the unit will be replaced immediately by a new unit. Otherwise, the repaired unit works as a new unit. The operative unit undergoes preventive maintenance after a specific (maximum) operation time. All random variables are statistically independent. The failure rate and the rate by which the system undergoes for preventive maintenance are constant whereas the inspection rate, repair rate, and maintenance rate follow negative exponential distributions. The expressions for several reliability measures are derived in steady state conditions using the regenerative point technique and semi-Markov process. The graphical behavior of MTSF, availability and profit function, has been depicted with respect to preventive maintenance rate for arbitrary values of other parameters and costs. [ABSTRACT FROM AUTHOR]
- Published
- 2018
42. Profit Analysis and B/C Ratio Hydroponic Vegetable Farming At PT. Central Bengkulu City
- Author
-
Yossie Yumiati, Ana Nurmalia, and Lelyta Sirait
- Subjects
Agricultural science ,Profit (accounting) ,Profit analysis ,Agriculture ,business.industry ,Vegetable farming ,Business ,Method of analysis ,Hydroponics ,Investment (macroeconomics) - Abstract
Hydroponics is a technology for growing without soil, using nutrient solutions in water. Vegetables hydroponically is more hygienic without pesticides and fresh. The selling price of vegetables hdroponik also higher than conventional vegetable. However, the high cost on the level of investment and operating costs to be one important factor to be researched is it still efficient to run. The purpose of this study is to analyze the income of the hydroponic farming of vegetables and analyze the needs of the vegetables usahtani in the P.T Central . The method of determining the area used in this research is Purposive, while the method of analysis of the likelihood ratio of the profit and efeiciency level, B/C ratio. The results showed the average profit of farm in the PT. Central is Rp. 29.674.000 ,- per season and Farming system vegetables hydroponics worth to cultivated of PT. Central .
- Published
- 2021
- Full Text
- View/download PDF
43. ANALISIS NILAI TAMBAH BERBAGAI PRODUK OLAHAN INDUSTRI RUMAH TANGGA BERBASIS BAHAN BAKU UBI KAYU DI KECAMATAN GERUNG KABUPATEN LOMBOK BARAT
- Author
-
Bambang Dipokusumo, Taslim Sjah, and Cici Ria Melani
- Subjects
Profit rate ,Agricultural science ,Profit (accounting) ,Profit analysis ,Raw material ,Mathematics - Abstract
This study aims to: (1) analyze the added value of processing business based on cassava raw material in Gerung District, West Lombok Regency, (2) analyze the benefit of processing business based on cassava raw material in Gerung District, West Lombok Regency, and (3) analyze the inhibiting factors of processing business based on cassava raw materials in Gerung District, West Lombok Regency. This research uses a descriptive method. The types of data used are quantitative and qualitative data. Sources of data used are primary data and secondary data. Data analysis using Hayami Method and profit analysis. The results showed that the added value was Rp. 9.571/kg (with a ratio of 67.79% and a profit rate of 80.33%) for cassava tape agroindustry, Rp. 18,191/kg (with a ratio of 71.34% and a profit rate of 88.20%) for cassava chips agroindustry, and Rp. 5.558/kg (with a ratio of 28% and a profit rate of 64.02%) for cassava pulp agroindustry. Profit of Rp. 384,782/production process and Rp. 10,389,114/month obtained from cassava tape agroindustry, Rp. 741,224/production process and Rp. 8,894,688/month obtained from cassava chips agroindustry, and Rp. 53,377/production process and Rp. 1,281,048/month obtained from cassava pulp agroindustry; and The inhibiting factors faced by processed entrepreneurs based on cassava raw materials in Gerung District, West Lombok Regency are the lack of raw material availability and limited working capital.
- Published
- 2021
- Full Text
- View/download PDF
44. A Study on Sales and Profit Analysis of Elderly Visiting Care Service
- Author
-
Dae Seok Seo
- Subjects
Service (business) ,Profit analysis ,Business ,Marketing - Published
- 2021
- Full Text
- View/download PDF
45. Profit analysis of skimmed milk powder producing system of milk plant using trapezoidal fuzzy numbers with different left and right heights
- Author
-
Parveen Kumari, Jitender Kumar, and M. S. Kadyan
- Subjects
Exponential distribution ,food.ingredient ,business.industry ,Pasteurization ,Fuzzy logic ,law.invention ,food ,Profit analysis ,law ,Skimmed milk ,Fuzzy number ,Process engineering ,business ,Evaporator ,Mathematics ,Weibull distribution - Abstract
Present paper carried out profit analysis of skimmed milk powder producing system of milk plant which consists of six subsystems—‘Chiller’, ‘Cream Separator’, ‘Skimmed Milk Pasteurizer’, ‘Vacuum Tube’, ‘Evaporators’ and ‘Drying Chamber’. All the six subsystems are connected in series. The subsystems include ‘Chiller’, ‘Cream Separator’, ‘Skimmed Milk Pasteurizer’ and ‘Vacuum Tube’ with each having a single unit. The subsystem ‘Evaporators’ consists of three similar units connected in parallel configuration and present subsystem works with reduced capacity on failure of one evaporator out of three and completely fails as soon as second unit fails out of three units of subsystem ‘Evaporators’. The subsystem ‘Drying Chamber’ having two similar units in which one is operative while other is in cold standby. Fuzzy failure rates and fuzzy repair rates of the subsystems of skimmed milk powder producing system are assumed to follow general distribution. Trapezoidal fuzzy numbers are employed to analyze the performance of skimmed milk powder producing system of milk plant. The numerical results for availability and profit of skimmed milk powder producing system have been evaluated for various choices of system parameters and cost by considering Exponential distribution, Rayleigh distribution and Weibull distribution.
- Published
- 2021
- Full Text
- View/download PDF
46. A realistic assessment of day-ahead profit for wind farms in frequency–based energy pricing environment
- Author
-
Tanmoy Malakar and Priti Das
- Subjects
Energy pricing ,Profit (accounting) ,business.industry ,020209 energy ,General Chemical Engineering ,Energy Engineering and Power Technology ,02 engineering and technology ,010501 environmental sciences ,01 natural sciences ,Renewable energy ,Power purchase agreement ,Fuel Technology ,Profit analysis ,0202 electrical engineering, electronic engineering, information engineering ,Energy market ,business ,Industrial organization ,0105 earth and related environmental sciences - Abstract
The progressive regulatory moves in the competitive energy market have encouraged market participants to invest more in the green energy sector worldwide. The unpredictability of renewable energy s...
- Published
- 2021
- Full Text
- View/download PDF
47. Optimal Profit Analysis of Machine Repair Problem with Repair in Phases and Organizational Delay
- Author
-
Praveen Deora, Dinesh Chandra Sharma, Kunwar Pal Singh, Chandra Shekhar, and Shreekant Varshney
- Subjects
0209 industrial biotechnology ,021103 operations research ,General Computer Science ,Operations research ,Computer science ,lcsh:T ,General Mathematics ,repair in phases ,lcsh:Mathematics ,0211 other engineering and technologies ,General Engineering ,02 engineering and technology ,unreliable server ,lcsh:QA1-939 ,General Business, Management and Accounting ,lcsh:Technology ,organizational delay ,warm standby ,020901 industrial engineering & automation ,Profit analysis ,threshold vacation policy ,Machine repair - Abstract
In this article, we study machine repair problems (MRP) consisting of the finite number of operating machines with the provisioning of the finite number of warm standby machines under the care of a single unreliable server. For the machining system’s uninterrupted functioning, an operating machine is immediately replaced with the available warm standby machine in negligible switchover time whenever it fails. The concept of threshold vacation policy: N-policy is also considered. Under this vacation policy, the server starts to serve the failed machines on the accumulation of a pre-specified number of failed machines in the system. The server continues until the system is empty from the failed machines; after that, the server goes for vacation. The notion of an organizational delay, server breakdown, and repair in multiple phases is also conceptualized to build the studied model more realistic. The recursive matrix method is used to find steady-state queue size distribution, and subsequently, various system performance measures are also developed to validate the studied model. The optimal analysis has been performed to identify the critical design parameters for the governing model. The state-of-the-art of the present study is its mathematical modeling of the multi-machine stochastic problem with varied limitations and strategies. The methodology to obtain queue size distribution, optimal design parameters, is beneficial for dealing with other complex and sophisticated real-time machining problems in the service system, computer and communication system, manufacturing and production system, etc. The present problem is limited to fewer machines, which can be extended to more machines with different topologies with high computational facilities.
- Published
- 2021
48. Online sequential bundling: profit analysis and practice
- Author
-
Eli Gimmon, Avishay Aiche, and Amit Gayer
- Subjects
Online sequential ,Sequential bundling ,Economics, Econometrics and Finance (miscellaneous) ,02 engineering and technology ,Price discrimination ,Pure bundling ,Article ,Profit (economics) ,Microeconomics ,020204 information systems ,0502 economics and business ,Tying and bundling ,0202 electrical engineering, electronic engineering, information engineering ,Computer communication networks ,Tying ,Monopoly profit ,05 social sciences ,No bundling ,Purchasing ,Human-Computer Interaction ,Profit analysis ,Mixed bundling ,ComputerApplications_GENERAL ,050211 marketing ,Business - Abstract
We investigate monopoly profit under a new online tying strategy, namely sequential bundling. This method allows customers to buy additional products at discounted prices immediately after purchasing one or some of the available products. This strategy has been practiced by Walmart and others but has not been modelled to date. We use microeconomics analysis to conduct a comparison of the gained profit with the three commonly used bundling strategies: no bundling, pure bundling and mixed bundling. The main result shows that the sequential bundling strategy yields higher profits in comparison to all three classic strategies. In particular, for the symmetric cost case, our model provides a useful tool for practitioners such as common online shops.
- Published
- 2021
- Full Text
- View/download PDF
49. PROFIT ANALYSIS TOOLKIT
- Author
-
Yu. Zelikova and Irina Sibiryatkina
- Subjects
Profit analysis ,Aerospace Engineering ,Business ,Industrial organization - Abstract
The paper considers a toolkit for analyzing the profit of an enterprise, which includes reasonable indicators of analysis and assessment, supplemented by indicators of the industry's focus of the enterprise, which reflect and characterize the features of the activities of trade enterprises in a competitive environment. Evaluation of the company's activities in terms of the obtained financial result (profit) should not be limited to the analysis and assessment of cash flows, costs, investments in R&D, profit and profitability, but should also include industry indicators in order to quickly assess the company's profit, it is necessary to conduct an analysis and assessment of key performance indicators of the enterprise, such as the reputation of the company, the business activity of the enterprise, the breadth of the market for the products manufactured, the market position. For a generalized assessment of this approach, a toolkit is required in the form of an integral criterion for analyzing and assessing profit.
- Published
- 2020
- Full Text
- View/download PDF
50. STRATEGI PENGEMBANGAN USAHA BUDIDAYA TAMBAK YANG BERKELANJUTAN DI DESA LAWALLU KABUPATEN BARRU
- Author
-
Abdul Rauf, Nurtjahyan Husain, and Rustam Rustam
- Subjects
Sustainable development ,Agricultural science ,Social condition ,Profit analysis ,Net income ,Business ,Investment (macroeconomics) ,Investment analysis ,SWOT analysis - Abstract
This study aims to determine the level of socioeconomic feasibility of the pond cultivation business and formulate a sustainable development policy strategy for the pond cultivation business in the Lawallu village of Barru Regency. who works as a shrimp farmer in Lawallu Village. Analysis of the data used consists of business feasibility analysis (profit analysis, NPV, IRR, Net B / C, BEP), analysis of community social conditions and SWOT analysis.The results showed that the profit analysis was able to produce a large enough value based on the results of that the average net income or the benefits that could be generated from this aquaculture business could reach IDR. 21,165,179 per cycle and IDR. 84,660,714 per year. From the acquisition of each investment analysis shows the analysis of investment criteria obtained NPV values> 0, net B / C> 1 and IRR> of the applicable interest rate (11%), so it can be concluded from the pond cultivation business in Lawallu Village Barru Regency has high feasibility to be developed. From the results of the analysis and discussion of the prospects for developing a pond aquaculture business in Lawallu Village by using a SWOT matrix based on internal and external factors that exist in a traditional pond business there are 9 strategies to be developed.
- Published
- 2020
- Full Text
- View/download PDF
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