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The simulation model is a proven tool in solving nonlinear and stochastic problems and allows examination of the likely behavior of a proposed manufacturing system under selected conditions. However, it does not provide a method for optimization. A practical problem often embodies many...
Persistent link: https://www.econbiz.de/10011050795
The efficiencies of coal-fired CHP (combined heat and power) plants used in the district heating systems of China were analyzed with a thermodynamic model in the Hysys program. The influences of four parameters were evaluated by the Taguchi method. The results indicated that the extraction steam...
Persistent link: https://www.econbiz.de/10011054476
This paper is devoted to the analysis and design of high performance permanent-magnet synchronous wind generators (PSWGs). A systematic and sequential methodology for the design of PMSGs is proposed with a high performance wind generator as a design model. Aiming at high induced voltage, low...
Persistent link: https://www.econbiz.de/10011031396
Artificial neural networks (ANNs) have been successfully used for solving variety of problems. One major disadvantage of ANNs is that there is no formal systematic model building approach. This paper presents the application of the Taguchi method in the optimization of the design parameters of...
Persistent link: https://www.econbiz.de/10011061872
Purpose – Reverse logistics refer to processes related to the reuse of products. The role of suppliers’ performance is crucial in achieving quality, cost, service and delivery aims of a supply chain. The selection of suppliers is regarded as one of the critical issues encountered by...
Persistent link: https://www.econbiz.de/10014860367
Purpose – The purpose of this article is to illustrate how the Six Sigma methodology was applied to a small-scale foundry industry to reduce the rejections and rework in one of its processes. Design/methodology/approach – The research reported in this paper is based on a case study carried...
Persistent link: https://www.econbiz.de/10014782839
The distance to default (DD) and the probability of default (PD) are the essential credit risks in the finance world. It provides an estimate of the likelihood that a borrower will be unable to meet its debt obligations. It is crucial to know which parameter effects more on DD and PD so that...
Persistent link: https://www.econbiz.de/10011989685
assessment method is Failure Mode and Effect Analysis (FMEA) – a reliability analysis and risk assessment tool widely used in … various industries. The traditional FMEA is using a Risk Priority Number (RPN) ranking system to evaluate and identify the … of the failure ratings with FMEA, especially when human factors play an important role. Thus, a new risk assessment …
Persistent link: https://www.econbiz.de/10012044422
Effects Analysis (FMEA). The work significantly contributes to the existing body of ERP adoption knowledge to the SMEs … inventory of risk factors have been identified. Third, FMEA is applied to understand, validate the risk perception of … perception number (RPN). The process centric approach to system implementation through FMEA also prescribes pertinent …
Persistent link: https://www.econbiz.de/10012044496
effects analysis (FMEA) in conjunction to analyse the risk and reliability of a complex mechatronic system in both qualitative …, but also address the limitations associated with traditional procedure of FMEA. …
Persistent link: https://www.econbiz.de/10011640843