In this paper, a period review inventory model with controllable lead time has been considered where shortages are partially backlogged. The backorder rate is dependent on the backorder discount and the length of the protection interval, which is sum of the review period and the lead time. Two cases have been discussed for protection interval demand which are (a) Demand distribution is known (Normal Distribution) (b) Demand distribution is unknown (Minimax distribution). Further, algorithms have been developed which jointly optimize the backorder discount, the review period and the lead time for each case. Numerical examples are also presented to illustrate the results.

The evaluation and selection of energy technologies involve a large number of attributes whose selection and weighting is decided in accordance with the social, environmental, technical and economic framework. In the present work an integrated multiple attribute decision making methodology is developed by combining graph theory and analytic hierarchy process methods to deal with the evaluation and selection of energy technologies. The energy technology selection attributes digraph enables a quick visual appraisal of the energy technology selection attributes and their interrelationships. The preference index provides a total objective score for comparison of energy technologies alternatives. Application of matrix permanent offers a better appreciation of the considered attributes and helps to analyze the different alternatives from combinatorial viewpoint. The AHP is used to assign relative weights to the attributes. Four examples of evaluation and selection of energy technologies are considered in order to demonstrate and validate the proposed method.

Six Sigma is a strategic approach of significant value in achieving overall excellence. It helps to accomplish the organizations strategic aim through the effectual use of project controlled methodology. As Six Sigma is a project controlled approach, it is necessary to prioritize projects which give utmost economic benefits to the firm. In real practice, Six Sigma projects selection is very tough assignment because poor project selection also happens even in the well-managed organizations and this can weaken the success and trustworthiness of the Six Sigma practice. The present study aims to develop a project selection approach based on a combination of fuzzy and MADM technique to help organizations determine proper Six Sigma projects and identify the priority of these projects mainly in automotive companies. VIKOR and TOPSIS methods have been used to select the proper Six Sigma project composed with fuzzy logic. In this context, seven critical parameters have been considered for selection of finest alternative. The weights of evaluation criteria are obtained using the MDL (modified digital logic) method and final ranking is calculated through primacy index obtained by using fuzzy based VIKOR and TOPSIS methodology. A factual case study from automotive industry is used to investigate the efficacy of the planned approach.

The aim of this study is to correlate work piece material hardness with surface roughness in prediction studies. The proposed model is for prediction of surface roughness of tool steel materials of hardness 55 HRC to 62 HRC (±2 HRC). The machining experiments are performed under various cutting conditions using work piece of different hardness. The surface roughness of these specimens is measured. The result showed that the influence of work piece material hardness on surface finish is significant for cutting speed and feed in CNC end milling operation. It is also observed that the surface roughness prediction accuracy of Adaptive neuro fuzzy inference system using triangular membership function is better than Gaussian, bell shape membership function and regression analysis. Surface roughness prediction accuracy with material hardness as input parameter is 97.61%.

The objective of this paper is to optimize the process parameters by combined approach of VIKOR and Entropy weight measurement method during Electrical discharge machining (EDM) process of Al-18wt.%SiCp metal matrix composite (MMC). The central composite design (CCD) method is considered to evaluate the effect of three process parameters; namely pulse on time (Ton), peak current (Ip) and flushing pressure (Fp) on the responses like material removal rate (MRR), tool wear rate (TWR), Radial over cut (ROC) and surface roughness (Ra). The Entropy weight measurement method evaluates the individual weights of each response and, using VIKOR method, the multi-objective responses are optimized to get a single numerical index known as VIKOR Index. Then the Analysis of Variance (ANOVA) technique is used to determine the significance of the process parameters on the VIKOR Index. Finally, the result of the VIKOR Indexed is validated by conformation test using the liner mathematical model equation develop by responses surface methodology to identify the effectiveness of the proposed method.

The objective of the study is to assess the performance of multilayer coated carbide insert in the machining of hardened AISI D2 steel (53 HRC) using Taguchi design of experiment. The experiment was designed based on Taguchi L27 orthogonal array to predict surface roughness. The S/N ratio and optimum parametric condition are analysed. The analysis of variance has also been carried out to predict the significant factors affecting surface roughness. Based on Taguchi S/N ratio and ANOVA, feed is the most influencing parameter for surface roughness followed by cutting speed whereas depth of cut has least significant from the experiments. In regression model, the value of R2 being 0.98 indicates that 98 % of the total variations are explained by the model. It indicates that the developed model can be effectively used to predict the surface roughness on the machining of D2 steel with 95% confidence intervals.

In this paper, we present a model for time dependent demand with multiple productions and rework setups. Production is demand dependent and greater than the demand rate. Production facility produces items in m production setups and one rework setup (m, 1) policy. The major reason of reverse logistic and green supply chain is rework, so it reduces the cost of production and other ecological problems. Most of the researchers developed a rework model without deteriorating items. A numerical example and sensitivity analysis is shown to describe the model.

Flexible manufacturing systems (FMSs) offer opportunities for the manufacturers to improve their technology, competitiveness and profitability through a highly efficient and focused approach to manufacturing effectiveness. Justification, evaluation and selection of FMSs have now been receiving significant attention in the manufacturing environment. Evaluating alternative FMSs in the presence of multiple conflicting criteria and performance measures is often a difficult task for the decision maker. Preference ranking tools are special types of multi-criteria decision-making methods in which the decision maker’s preferences on criteria are aggregated together to arrive at the final evaluation and selection of the alternatives. This paper deals with the application of six most potential preference ranking methods for selecting the best FMS for a given manufacturing organization. It is observed that although the performances of these six methods are almost similar, ORESTE (Organization, Rangement Et Synthese De Donnes Relationnelles) method slightly outperforms the others. These methods use some preference function or utility value or Besson ranking of criteria and alternatives, to indicate how much an alternative is preferred to the others. Most of these methods need quantification of criteria weights or different preference parameters, but ORESTE method, being an ordinal outranking approach, only requires ordinal data and attribute rankings according to their importance. Therefore, it is particularly applicable to those situations where the decision maker is unable to provide crisp evaluation data and attribute weights.

Data offloading offers a significant solution to the problem of explosive rise in mobile data traffic. A naive approach would be to utilize the infrastructure (cellular tower, WiFi, femtocell) or other mobile devices to offload data. However, increasing the number of a cellular towers, WiFi, or femtocells is costlier deal for data delivery. Recently, device-to-device (D2D) paradigm of data communication has emerged out as one of the most promising solutions to deal with cost effective cellular traffic offloading. D2D communication provides a direct communication link between closely located mobile users. Another significant feature of D2D is its content centric nature, which makes it useful in data offloading. In this paper, we have addressed the issue of data offloading in mobile devices and proposed a hybrid model of D2D communication with ad-hoc nature. The paper also considers the issues like memory constraints of the devices, pruning of replicated messages and energy efficiency to increase the lifetime of the battery. Considering all the constraints and trade off, we have modeled our problem into optimal target selection problem and distributed community detection problem, both of which are NP-hard. We propose a clustering algorithm to optimize the cooperative mobile nodes. The proposed algorithm uses the betweenness centrality and k-means for optimizing target set section. Our proposed algorithm requires less time in terms of computational complexity with limited space. We compare it with the community-based approach in terms of load transferred for varying target set sizes for validation. The simulation results of the suggested algorithm may reduce the energy requirements up to 16.7% and is able to accommodate 80% more traffic as compared to the community-based algorithm.

Cash flow ratios are generally prepared from cash flow statement as per AS-03. It is helpful for financial users including shareholders, management, accountants, auditors and investors to get the relevant information regarding its financial resources for a certain period. Currently cash flow ratios are randomly used instead of traditional ratios due to its wideness and acceptability. In credit rating and forecasting the failure of an organization, cash flow ratios are very much relevant. In this study, we considered different companies from different sectors. From the study, it is clear that the liquidity and solvency position of the companies are moderate whereas the companies maintained low profitability. The efficiency ratios and sufficiency ratios of the companies selected in this study provide us a new look of financial judgement. In our study, we selected three companies from FMCG and Pharmaceuticals sectors. We used the data for a period of 10 years from 2004 to 2013 financial years.