IDEAS home Printed from https://ideas.repec.org/a/ids/ijicbm/v4y2011i5p543-557.html
   My bibliography  Save this article

Estimation of base rate by a goal programming approach: a case study from India

Author

Listed:
  • Vineet Gupta
  • Harwinder Singh
  • Binay Kumar

Abstract

Each equipment plays an imperative function and its malfunction leads to heavy cost and plant development. The current study is resolute on base-rate estimation of breakdowns of boilers at sugar plant (capacity – 2,500 tons crushed per day) under different set of parameters. It is relatively difficult to guesstimate the base rate, as one knows hardly the expenses incurred following a breakdown in terms of many associated expenditures. To estimate the base rate, a preemptive goal programming (GP) model is formulated that considers all major influencing factors. With any change in factors, maintenance time also gets pretentious. However, these factors are further sub-levelled for a very precise inference of optimal maintenance time. Additional constraints are obtained by providing priority-based benchmark jobs. Finally, the model is worked out within 3% variation from the benchmark jobs involved.

Suggested Citation

  • Vineet Gupta & Harwinder Singh & Binay Kumar, 2011. "Estimation of base rate by a goal programming approach: a case study from India," International Journal of Indian Culture and Business Management, Inderscience Enterprises Ltd, vol. 4(5), pages 543-557.
    • Handle: RePEc:ids:ijicbm:v:4:y:2011:i:5:p:543-557
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=42324
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijicbm:v:4:y:2011:i:5:p:543-557. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=235 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.