Predicting the Duration of Manufacturing Process with Two Complement Materials

Hui Hsin Huang

doi:10.4028/www.scientific.net/KEM.709.46

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HomeKey Engineering MaterialsKey Engineering Materials Vol. 709Predicting the Duration of Manufacturing Process...

Predicting the Duration of Manufacturing Process with Two Complement Materials

Abstract:

In the marketing, there are some correlated between two complement materials when predicting the duration of manufacturing process. Two different kinds of materials are complementary if using more of one material requires the use of more of another. Thus, based on this view of point, when we estimate the production demand quantity, we can’t consider these two durations of manufacturing process as dependent. In this paper we propose the bivariate exponential distribution to model two related manufacturing durations of two complement materials. Finally, we demonstrate both MLE and moment methods to estimate the parameters of our model. This can provide the reference for the future study to choice a suitable estimation.

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Proceeding of the International Conference on Materials Engineering and Nanotechnology 2016

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Periodical:

Key Engineering Materials (Volume 709)

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46-50

DOI:

https://doi.org/10.4028/www.scientific.net/KEM.709.46

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Online since:

September 2016

Authors:

Hui Hsin Huang*

Keywords:

Bivariate Exponential Distribution, Complement Materials Demand Quantity, MLE, Moment Method

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