Determination of dominant facility locations with minimum noise levels for the cost contour map

Article Abstract:

An analytical technique for finding dominant locations on cost contour lines to help choose an alternative location of a new machine is introduced. A compromise between cost and ergonomic considerations is called for when placing the new machine at the dominant location, since the dominant location pertains to the location on the cost contour where there is minimum combined noise level. Of the two approaches considered, the cost-noise successive minimization model was found to be more practical and more acceptable.

Industrial equipment, Factories, Location, Logistics

---

A note on optimal order quantities for credit purchases

Article Abstract:

A study was conducted to determine the optimal order quantities for credit purchases. The study focuses on firms that regulary purchase on credit and considers variations of the traditional economic order quantity model. handling and storage charge costs are then analyzed for the situation. Results show that purchasing on credit negates optimal order quantity. In addition, optimal order quantity is reduced as more credit purchases are made.

Research, Purchasing, Credit

---

Similar abstracts:

• Abstracts: Computer simulation of the coronary circulation: implications for models and therapeutic coronary sinus intervention
• Abstracts: Data communications. Choosing the right software for data acquisition
• Abstracts: Is your organization spooked by ghostly team performances? Organizational changes related to advanced manufacturing technology in the production area
• Abstracts: The advantages of manufacturing technology planning. Intelligent manufacturing initiative under way with newly endorsed projects
• Abstracts: Video inspection at Con Ed. Automated inspection system limitations

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.