Inventory management is becoming very challenging for the retailer over the years due to the uncertainty in the demand and supply of products in financial risk and management systems. In a competitive market, running a business smoothly in a highly suitable place is day by day becoming tough due to the very high fare for those locations. Thus, limited storage is available in those elite places with high fares, and a retailer takes a financial risk by stocking huge amounts of products in those limited storage stores. Thus, the appropriate financial analysis is required to find out optimal strategies (financial decisions) to sustain a business organization of electronic products in a global competitive business environment. As a result, when bulk purchases of electronic products, for example, T.V., Fridges, Oven, etc., have been made by the retailer, he faces two problems. The first one is related to the limited storage; as a result, he has to pay a considerable amount to hold the products for a long time. The second one is shortages of liquid money as he invested massive amounts. To avoid these problems, he offers some price discounts on the market’s original selling price to sell the products quickly for a limited time prior to recovering his capital investment. For that reason, a price, time, and stock dependent realistic demand function have been considered in this proposed paper with two modes of discount policy. The proposed model has been solved by a classical optimization technique from calculus and provides some insights for the retailer. Some numerical examples and graphs are provided to illustrate the model.
1 January 2016 in American Journal of Modern Physics
The aim of this analysis is to bear out the nuclear data files of JEFF-3.1.2 for theoretical safety analysis of a 3 MW TRIGA MARK-II research reactor is custom-made at AERE, Dhaka, Bangladesh through the study of integral parameters of benchmark lattice TRX and BAPL of thermal reactor. The basic evaluated nuclear data files of JEFF-3.1.2 are selected for TRIGA reactor and processed by using nuclear data processing code NJOY99.0. Different cross-sections of U-235 and U-238 are computed from the NJOY output of the evaluated nuclear data library. The 69 group cross-section library is engendered from the processed file for reactor code WIMSD-5B. From the generated 69 group cross-section library, the integral parameters of yardstick lattices TRX and BAPL are premeditated by using cell code WIMSD-5B. The calculated integral parameters are compared to the deliberated values as well as the consequences of Monte Carlo Code MCNP. From the assessment it is found that all the integral parameters are in good concurrence with some suspicions. Through benchmarking the integral parameters of TRX and BAPL lattices this analysis reflects the support to the evaluated nuclear data files of JEFF-3.1.2 for safety analysis of TRIGA Mark-II research reactor at AERE, Dhaka, Bangladesh.
1 January 2017 in International Journal of Energy and Power Engineering
The objective of this paper is to select an inimitable nuclear data library from JEFF-3.1.2 & JENDL-4.0u which are valid for theoretical safety analysis of TRIGA MARK-II research reactor. In this work the integral parameter (such as keff, ρ28, δ25, δ28, C∗) of TRX and BAPL benchmark lattices of thermal reactors are compared with the experimental result by Cross Section Evaluation Working Group (CSEWG), USA. The nuclear data processing code NJOY99.0 is used to generate 69-group cross-section library from the basic evaluated nuclear data files JEFF-3.1.2 & JENDL-4.0u. TRX and BAPL benchmark lattices are modeled with optimized inputs, which are suggested in the final report of the WIMS Library Update Project Stage-I (WLUP). The integral parameters of five uranium-fuel thermal assemblies: TRX-1 and TRX-2 and BAPL-UO2-1, BAPL-UO2-2 & BAPL-UO2-3 are calculated with the help of reactor lattice code WIMSD-5B based on the generated 69-group cross-section library. Form the comparison of the integral parameters with the experimental values it is found that the obtained results between the two libraries is nearly alike with some uncertainties. But the degrees of uncertainties for the values of integral parameters of JEFF-3.1.2 library are comparatively less. JEFF-3.1.2 is the better library and could be selected for the neutronic calculation of TRIGA Mark-II research reactor at AERE, Savar, Dhaka, Bangladesh.