Estimation of base rate by a goal programming approach: a case study from India
by Vineet Gupta, Harwinder Singh, Binay Kumar
International Journal of Indian Culture and Business Management (IJICBM), Vol. 4, No. 5, 2011

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.

Online publication date: Sat, 31-Jan-2015

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Indian Culture and Business Management (IJICBM):
Login with your Inderscience username and password:

    Username:        Password:         

Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email