A Model for Determining the Effect of Irregular Power Supply on Machining Foundry Products in a Developing Economy
| العنوان: | A Model for Determining the Effect of Irregular Power Supply on Machining Foundry Products in a Developing Economy |
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| المؤلفون: | Fisayo Adesina, Oluwole D Adigun, Funso O Kolawole, Adebayo F. Owa, Biliaminu Kareem |
| المصدر: | FUOYE Journal of Engineering and Technology. 5 |
| بيانات النشر: | Faculty of Engineering, Federal University Oye-Ekiti, 2020. |
| سنة النشر: | 2020 |
| مصطلحات موضوعية: | Mathematical optimization, Machining, business.industry, Computer science, Developing country, Profitability index, Electricity, Foundry, Unit cost, business, Integer programming, Profit (economics) |
| الوصف: | In this paper, profit is maximized (or production cost is minimized) by developing an Integer programming (IP) model to determine, at a given respective unit cost, optimal numbers of outputs obtainable per production cycle (time) using public electricity generated from national grids and alternate electricity from generators subject to production output capacity or demand constraint. The results obtained showed that production cycle time has a great impact on the determination of optimal outputs for the respective conditions. Also, increase in cost of public electricity per unit product has an upper limit beyond which it has negative effect on the profitability. The results served as determinant factors for production industry in establishing the level of outputs that sustained the profitability by providing optimal cost of public electricity to operate without having any effect on the profit, at a given cycle time. Keywords— Constraint, cycle time, integer programming, optimal number, model |
| تدمد: | 2579-0625 2579-0617 |
| URL الوصول: | https://explore.openaire.eu/search/publication?articleId=doi_________::a0209a8fe82908c9512a23cfaf186a02 https://doi.org/10.46792/fuoyejet.v5i1.439 |
| حقوق: | OPEN |
| رقم الأكسشن: | edsair.doi...........a0209a8fe82908c9512a23cfaf186a02 |
| قاعدة البيانات: | OpenAIRE |
| تدمد: | 25790625 25790617 |
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