In this paper, we extend Porteus (1986) to generalize the economic production quantity (EPQ) model with finite production rate and to derive an exact expression for the expected total annual cost function when maintenance actions and capital investment in setup cost reduction are adopted. In addition, the uniqueness property of the optimal lot size and the bounds of optimal lot size are derived...

Abstract Considering differentiated frequency regulation(FR) characteristics between energy storages and thermal power units, a control strategy considering cost performance is proposed to realize the complementary advantages of them. A joint objective minimizing total penalty for failure storage track given signal proposed. The technical FR resources, such as creep rate, are adopted constraint...

This paper presents a refined algorithm for curve detection with dynamic programming. In this advanced algorithm, the structure of the cost function is based on a triple of consecutive variables instead of pairs of consecutive indices. We give the details of the algorithm and the approach to calculate the cost by merging the prior penalty and the logposterior. Furthermore, the paper performs th...

This paper investigates parole decisions when the offender may commit a second crime after having been set free. A convicted person is discharged earlier if the cost of the crime declines or the cost of the imprisonment increases. More dangerous offenders will be dismissed later unless the second penalty has a stronger deterrence effect on them. Other results require an insignificant deterrence...

Embedded real-time systems are becoming increasingly complex. To combat the rising design cost of those systems, co-synthesis tools that map tasks to systems containing both software and specialized hardware have been developed. As system transient fault rates increase due to technology scaling, embedded systems must be designed in fault tolerant ways to maintain system reliability. This paper ...

This paper describes an algorithm for optimum modifications for failure rate and repair time for a radial electrical distribution system. The modifications are with respect to a penalty cost function minimization. The cost function has been minimized subject to the energy based and customer oriented indices, i.e. AENS, SAIFI, SAIDI and CAIDI. Coordinated aggregation based particle swarm optimiz...

The timing and the frequency of punishment are critical elements in law enforcement. Previous studies suggest the superiority of immediate punishment schemes over delayed punishment, as well as the importance of frequent punishment. Yet law enforcement schemes which utilize both frequent and immediate punishment may be cost prohibitive in real settings. In this work, we propose the “bad lottery...

In 2014, the Affordable Care Act will require all Americans, including young people aging out of the existing Medicaid program, to have health insurance (or pay a penalty). The physical, behavioral, and developmental health problems of the young people leaving Medicaid have rarely been studied. The purpose of this paper is to provide a snapshot of their health status and cost in selected states...