UGC Approved Journal no 63975(19)
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ISSN: 2349-5162 | ESTD Year : 2014
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Published in:

Volume 10 Issue 5
May-2023
eISSN: 2349-5162

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Published Paper ID:
JETIR2305783


Registration ID:
516146

Page Number

h658-h662

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Title

PROFIT ANALYSIS OF A STOCHASTIC MODEL WITH MAINTENANCE AND LABOUR REDUDANCY

Abstract

In agriculture, the early stages of growth and development in a plant seeds play important role as they contain high protein, starch and oil reserves and good quality seeds are obtained by seed processing. Also seed processing is necessary in order to dry the seeds to safe moisture level; remove or reduce to the extent possible the various undesirable material, weed seeds, other crop seeds, deteriorated or damaged seeds. Aim of present paper is to evaluate the performance of a seed processing plant machine installed in Yunick Agro seed , Hisar , Haryana using stochastic modeling of a single unit considering three types of faults i.e minor , major and neglected faults according to time and cost of repair. On occurrence of a major fault leads to degradation whereas occurrence of a major fault leads to failure of the system. The system goes for inspection on occurrence of any fault. After inspection, repair being carry out according to fault is repairable or non repairable. Replacement or labour redundancy is used on occurrence of major faults. Considering all these aspects and using the real data collected from the plant, various measures of system effectiveness such as MTSF, Reliability, Availability and Busy period etc. are derived by using Semi-Markov process and Regenerative Point technique. The performance of the plant’s machine is evaluated using numerical results and graphs derived thereof. From the graphs so obtained, we get cut-off points of profit for different values of rates of minor, major faults/ revenue of per unit Uptime/costs etc.

Key Words

Reliability, Labour redundancy, Markov Process, Mean Time To System Failure(MTSF)

Cite This Article

"PROFIT ANALYSIS OF A STOCHASTIC MODEL WITH MAINTENANCE AND LABOUR REDUDANCY", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.10, Issue 5, page no.h658-h662, May-2023, Available :http://www.jetir.org/papers/JETIR2305783.pdf

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2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"PROFIT ANALYSIS OF A STOCHASTIC MODEL WITH MAINTENANCE AND LABOUR REDUDANCY", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.10, Issue 5, page no. pph658-h662, May-2023, Available at : http://www.jetir.org/papers/JETIR2305783.pdf

Publication Details

Published Paper ID: JETIR2305783
Registration ID: 516146
Published In: Volume 10 | Issue 5 | Year May-2023
DOI (Digital Object Identifier): http://doi.one/10.1729/Journal.34345
Page No: h658-h662
Country: kurukshetra, Haryana, India .
Area: Mathematics
ISSN Number: 2349-5162
Publisher: IJ Publication


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