The literature review shows software development projects often neither meet time deadlines, nor run within the allocated budgets. One common reason can be the inaccurate cost estimation process, although several approaches have been proposed in this field. Recent research studies suggest that in order to increase the accuracy of this process, estimation models have to be revised. The Construct...

in many real world assembly line systems which the work-piece is of large size more than one worker work on the same work-piece in each station. this type of assembly line is called multi-manned assembly line (mal). in the classical multi-manned assembly line balancing problem (malbp) the objective is to minimize the manpower needed to manufacture one product unit. apart from the manpower, othe...

inventory models play an important role in determining the optimal ordering and pricing policies. much work has been reported in literature regarding inventory models with finite or infinite replenishment. but in many practical situations the replenishment is governed by random factors like procurement, transportation, environmental condition, availability of raw material etc., hence, it is nee...

Control charts are extensively used in manufacturing contexts to monitor production processes. This article illustrates economical design of a variable sample size and control limit Hotelling’s T2 control chart based on a novel cost model when occurrence times of the assignable causes are exponentially distributed. The proposed nonlinear cost model is an extension of Duncan’s (J Am Stat ...

this paper presents a simple methodology for cost estimation of a near optimal heat exchanger network, which comprises mixed materials of construction. intraditional pinch technology and mathematical programming it is usually assumed that all heat exchangers in a network obey a single cost model. this implies that all heat exchangers  in a network are of the same type and use the same materials...

background: the present study aims to evaluate the cost-effectiveness of dynamic interspinous spacer (coflex®) and static spacer (x-stop ®) compared to laminectomy (lami) in patients with lumbar spinal stenosis.   methods: a decision-analysis model was developed to estimate the cost-effectiveness. the effectiveness parameters were obtained from a systematic literature review in relevant databas...

cloud computing is a new discussion in enterprise it. it has already become popular in terms of distributed technology in some companies. it enables managers to setup and run the intended businesses by avoiding excessive spending on computers, software and hiring expert staff, which proves to be cost effective. cloud computing also helps users pay for the it services without spending massive am...

Objectives: The present study aimed to provide an estimation of the current financial burden of renal transplantation therapy for insurance organisations.Methods: An Excel-based model was developed to determine the treatment costs of current clinical practice in renal transplantation therapy (RTT). Inputs were derived from Ministry of Health and insurance organizations` database, hospital and p...