• 한국컴퓨터정보학회논문지
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• 제16권2호
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• pp.279-288
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• 2011

본 연구는 자동차부품제조업의 전사적 자원관리(ERP : Enterprise Resource Planning)시스템 전체 모듈중 가용재고관리 프로세스에 대한 표준화 모델을 개발한다. 표준화 모델은 중소기업청 및 중소기업기술정보진흥원에서 제시한 정보화구축 개발 방법론에 준하여 단계별 방법론에 따라 시스템이 구축되게 된다. 표준화 모델은 가용 재고관리 프로세스를 위한 발주관리, 입고관리, 출고관리, 재고관리의 프로세스를 표준화 시키고 표준모듈을 개발한다. 본 연구로 ERP시스템 하에서 가용재고관리 프로세스를 구축하고자 하는 제조기업 및 관련 전문 IT업체 들이 표준화된 모듈을 적용하여 시스템을 보다 효과적으로 구축 할 수 있으며, 시스템에 대한 구축 용이성과 신뢰성을 제공한다. 본 연구 결과를 적용함으로써 기업의 원자재 및 제품의 과다보유를 방지하고 적정, 안전재고를 항시 보유할 수 있으며 실시간 재고파악, 고객납기 준수, 과다제품 생산 방지 및 재고비용 절감 등이 가능하다.

• 아태비즈니스연구
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• 제13권4호
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• pp.45-59
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• 2022

Purpose - This study investigates the performance of investment strategies incorporating estimated stock market cycle based on a lead-lag relationship between business cycle and stock market cycle, thereby deriving empirical implications on risk management. Design/methodology/approach - The data period ranges from June 1953 to September 2022 and de-trended short rate, term spread, credit spread, stock market volatility are considered as major input variables to estimate business cycle and stock market cycle by applying probit model. Based on the estimated stock market cycle, two types of strategies are constructed and their performance relative to the benchmark is empirically examined. Findings Two types of strategies based on stock market cycle are considered: The first strategy is to long(short) on stocks when stock market stage is expected to be an expansion(a recession), and the second one is to long on stocks(bonds) when expecting an expansion(a recession). The empirical results show that the strategies based on stock market cycle outperforms a simple buy and hold strategy in both in-sample and out-of-sample investigation. Also the out-of-sample evidence suggests that the second strategy which is in line with asset allocation is more profitable than the first one. Research implications or Originality The strategies considered in this study are based on the estimated stock market cycle which only depends on a few easily available financial variables, thereby making easier to establish such a strategy. It implies that investors enhance investment performance by constructing a relatively simple trading strategies if they set their position on stocks or choose which asset class to buy conditioning on stock market cycle.

• 한국경영과학회지
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• 제16권1호
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• pp.13-34
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• 1991

A production/inventory system is considered in which a production facility produces one type of product. The demand for the product is given by a compound Poison process and is supplied directly from inventory when inventory is available and is lost when inventory is out of stock. The processing time to produce one item is assumes to follow a general distribution. An (s, S) policy is considered in which production stops at the instant the stock on hand reachs S and the setup of the production facility begins at an inspection point when the stock on hand drops to or below s for the first time. The time interval between two successive inspection points during a non-production period is a random variable which follows a general distribution.

• 산업경영시스템학회지
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• 제30권3호
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• pp.89-93
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• 2007

In this study, we consider an assembly line operated under a base-stock policy. A product consists of two parts, and a finished product transfers to a warehouse in which demands are satisfied. Assume that demands arrive according to a Poisson process and processing times at each production line are exponentially distributed. Whenever a demand arrives, it is satisfied immediately from an inventory in the warehouse if available; otherwise, it is backlogged and satisfied later by the next product exiting from production lines. In either case, an arriving demand automatically triggers the production of a part at both production lines. These two parts will be assembled into a product that eventually transfers to the warehouse. We obtain a closed form formula of approximation for delay time or lead time distribution of a demand when a base- stock level is s. Moreover, it can be applied to the optimal base-stock level which minimizes the total inventory cost. Numerical examples are presented to show our optimal base-stock level's quality.

• Journal of Forest and Environmental Science
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• 제37권3호
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• pp.193-205
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• 2021

The importance of forests and trees in climate change mitigation and soil nutrient cycling cannot be overemphasized. This study assessed the above-ground carbon stock of two exotic and two indigenous tree species - Gmelina arborea, Tectona grandis, Khaya grandifoliola and Nauclea diderrichii and their litter impact on soil nutrient content of an arboretum within the University of Port Harcourt, Nigeria. Data were collected from equal sample plots from the four species' compartments. Tree growth variables including total height, diameter at breast height, crown height, crown diameter and merchantable height were measured for the estimation of above-ground carbon stock. Soil samples were collected from a depth of 0-30 cm from each compartment and analyzed for particle size distribution, organic carbon, total nitrogen, available phosphorus, exchangeable bases, exchangeable acidity, cation exchange capacity, base saturation, pH, Manganese, Iron, Copper and Zinc. Analysis of Variance (ANOVA) was used to test for significant difference (p<0.05) in the carbon contents of the four species and the soil nutrient contents of the different species' compartments. Pearson correlation was used to assess the relationships between the carbon contents, growth parameters and soil parameters. The highest and lowest carbon stock per hectare was observed for G. arborea (151.52 t.ha^-1) and K. grandifoliola (45.45 t.ha^-1) respectively. Cation exchange capacity and base saturation were highest and lowest for soil under G. arborea and K. grandifoliola respectively. The pH was highest and lowest for soil under G. arborea and T. grandis respectively. Carbon stock correlated positively with dbh, crown diameter, merchantable height and Zn and negatively with base saturation. The study revealed that G. arborea and N. diderrichii can effectively be used for reforestation and afforestation programmes aimed at climate change mitigation across Nigeria. Therefore, policies to encourage and enhance their planting should be encouraged.

• 한국식생활문화학회지
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• 제31권5호
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• pp.506-514
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• 2016

The objective of this study was to investigate the effect of sample presenting types on the sensory characteristics of chilled buckwheat noodle soup (Naeng-myeon). Generic descriptive analysis was performed for evaluating only stock (system 1), only noodle (system 2) and stock with noodle (system 3). Eight kinds of commercially available Naeng-myeon were samples of interest. Ten female descriptive panelists participated. ANOVA and regression analysis were used for data analysis. In the training sessions, ten sensory properties were developed for system 1, four were additionally established for noodle. In each system, the 8 products showed significantly different intensities in almost all sensory attributes like darkness of stock, overall flavor, sweetness, saltiness, sourness. When integrating the two systems, sample presenting types showed significant difference for the seven sensory attributes, especially saltiness, sourness, beef flavor tended to be rated more strongly in system 1 than system 3.

• Journal of Forest and Environmental Science
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• 제33권4호
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• pp.281-294
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• 2017

Tropical forests constitute almost half of the global forest cover, account for 35% of the global net primary productivity and thereby have potential to contribute substantially to sequester atmospheric $CO_2$ and offset climate change impact. However, deforestation and degradation lead by unsustainable management of tropical forests contribute to the unprecedented species losses and limit ecosystem services including carbon sequestration. Sustainable forest management (SFM) in the tropics may tackle and rectify such deleterious impacts of anthropogenic disturbances and climatic changes. However, the existing dilemma on the definition of SFM and lack of understanding of how tropical forest sustainability can be achieved lead to increasing debate on whether climate change mitigation initiatives would be successful. We reviewed the available literature with a view to clarify the concept of sustainability and provide with a framework towards the sustainability of tropical forests for enhanced carbon stock and climate change mitigation. We argue that along with securing forest tenure and thereby reducing deforestation, application of reduced impact logging (RIL) and appropriate silvicultural system can enhance tropical forest carbon stock and help mitigate climate change.

• The Journal of Asian Finance, Economics and Business
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• 제8권3호
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• pp.361-372
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• 2021

This research aimed to analyze the momentum strategy of foreign investors with the smallest trading transactions in the Indonesian stock market. This study applied a quantitative method approach using intraday transaction data of companies listed on the LQ-45 Index for March, April, and May 2017, obtained from the Indonesia Capital Market Institute (TICMI) which is a subsidiary of the Indonesia Stock Exchange (IDX). The number of companies with available data is 35 companies, consisting of 23 non-government stocks and 12 government stocks. The number of observations from the 35 companies was 8,686,030 observations where the government companies recorded 2,751, 545 and the non-government companies 1,387,016 observations. All data was then squeezed and grouped into small, medium, and large trade transaction orders. The data analysis method used was paired t-test with SPSS to analyze cumulative abnormal returns in the formulation and test periods. This study found that small foreign investors carried out momentum strategies on stocks listed on the LQ-45 Index. However, re-testing was done by separating government and non-government shares. It turned out that small foreign investors performed a momentum strategy on non-government and a contrarian strategy on government.

• 농업생명과학연구
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• 제45권3호
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• pp.35-41
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• 2011

이 연구에서는 지리적 여건 및 임업경영 여건을 고려하여 우리나라의 목재공급 잠재량을 예측하고자 하였다. 현실적으로 목재생산이 가능한 지역을 추출하기 위하여 목재생산지를 자연적, 이론적, 지리적, 기술적 목재생산지로 구분하여 분석을 수행하였다. 먼저 수치임상도를 이용하여 전체 산림으로부터 입목지를 추출하여 자연적 목재생산지를 구분하였다. 다음으로 법정용도지역, 경사도, 하천 그리고 도로 여건을 고려하여 이론적, 지리적, 기술적 목재생산지를 추출하였다. 입목축적량을 산출하기 위하여 수치임상도의 수종 및 영급에 대한 속성자료를 이용하였으며, 기술적 목재생산지에 대한 임목축적량을 산출함으로써 목재공급 잠재력을 평가하였다. 각 유형별 목재생산지에 대한 자원량을 산출한 결과는 244,150천$m^3$에서부터 596,248천$m^3$에 이르기까지 자원량의 편차가 크게 나타나 지리적 여건 및 임업경영 여건의 고려 수준에 따라 잠재력이 고평가 혹은 저평가 될 수 있는 것으로 나타났다. 지역별 목재공급 잠재량을 분석한 결과에서는 경상북도, 전라남도, 경상남도, 강원도의 순으로 잠재량이 높은 것으로 평가되었다.

• Industrial Engineering and Management Systems
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• 제12권3호
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• pp.172-180
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• 2013

We herein consider a stochastic multi-item inventory management problem in which a warehouse sells multiple items with stochastic demand and periodic replenishment from a supplier. Inventory management requires the timing and amounts of orders to be determined. For inventory replenishment, trucks of finite capacity are available. Most inventory management models consider either a single item or assume that multiple items are ordered independently, and whether there is sufficient space in trucks. The order cost is commonly calculated based on the number of carriers and the usage fees of carriers. In this situation, we can reduce future shipments by supplementing items to an order, even if the item is not scheduled to be ordered. On the other hand, we can reduce the average number of items in storage by reducing the order volume and at the risk of running out of stock. The primary variables of interest in the present research are the average number of items in storage, the stock-out volume, and the number of carriers used. We formulate this problem as a multi-objective optimization problem. In a numerical experiment based on actual shipment data, we consider the item shipping characteristics and simulate the warehouse replenishing items coordinately. The results of the simulation indicate that applying a conventional ordering policy individually will not provide effective inventory management.