• Title/Summary/Keyword: Business Process Performance

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Economic Evaluation of Delayed Product Differentiation: Literature Review (제품 차별화 지연생산의 경제적 타당성: 문헌연구)

  • Lee, Ho-Chang
    • IE interfaces
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    • v.17 no.1
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    • pp.56-70
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    • 2004
  • Expanding product variety and high customer service provision place an enormous burden on demand forecasting and the matching of supply with demand in a supply chain. Postponement of product differentiation has been found to be powerful means to improve supply chain performance in the presence of increasing product variety. Delaying the point of product differentiation implies that the process would not commit the work-in-process into a particular finished product until a later point. This paper reviews the recent analytical models that quantify the value of delayed product differentiation. We conclude the literature review by summarizing and synthesizing the economic evaluation of the postponement and outline directions for future research.

Joint Production and Disposal Decisions for Sustainable Operations of the Hybrid Production System (혼성 생산 시스템의 지속 가능 운영을 위한 신제품 생산과 회수제품 수용 통제의 통합 구현)

  • Kim, Eungab
    • Journal of Korean Institute of Industrial Engineers
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    • v.39 no.5
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    • pp.440-449
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    • 2013
  • We consider a reverse supply chain with a production facility and a recovery facility, and address the joint control of production and disposal decisions for sustainable operations. Demands are satisfied from on-hand inventory of serviceable products, replenished via manufacturing or remanufacturing. Sold products may be returned after usage and each returned product is disposed of or accepted for recovery. Accepted returned products are converted into serviceable products after remanufacturing process. Formulating the model as a Markov decision process, we characterized the structure of the optimal production and disposal policy as two monotone switching curves under a special condition. Three types of heuristic policies are presented and their performance is numerically compared.

A Stochastic Dynamic Programming Model to Derive Monthly Operating Policy of a Multi-Reservoir System (댐 군 월별 운영 정책의 도출을 위한 추계적 동적 계획 모형)

  • Lim, Dong-Gyu;Kim, Jae-Hee;Kim, Sheung-Kown
    • Korean Management Science Review
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    • v.29 no.1
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    • pp.1-14
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    • 2012
  • The goal of the multi-reservoir operation planning is to provide an optimal release plan that maximize the reservoir storage and hydropower generation while minimizing the spillages. However, the reservoir operation is difficult due to the uncertainty associated with inflows. In order to consider the uncertain inflows in the reservoir operating problem, we present a Stochastic Dynamic Programming (SDP) model based on the markov decision process (MDP). The objective of the model is to maximize the expected value of the system performance that is the weighted sum of all expected objective values. With the SDP model, multi-reservoir operating rule can be derived, and it also generates the steady state probabilities of reservoir storage and inflow as output. We applied the model to the Geum-river basin in Korea and could generate a multi-reservoir monthly operating plan that can consider the uncertainty of inflow.

Effect of Customer Demand on Total Inventory Cost and Order Fill Rate in a Supply Chain (고객 수요가 공급 사슬의 총재고비용과 주문만족율에 미치는 영향)

  • Park, Kyoung-Jong
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.32 no.3
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    • pp.93-98
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    • 2009
  • This paper studies that $\sigma$ values(10, 20, 50) and $\rho$ values(-0.6, -0.3, 0.0, 0.3, 0.6) affect the total inventory cost of a supply chain and order fill rate when the market demand process follows a general auto-correlated AR(1) process without seasonality. $\sigma$ indicates the degree of demand fluctuation and $\rho$ means the trend of demand. ANOVA tests using a 5% significance level are performed in SPSS to examine significant performance changes among various cases.

A SCM System Selection Problem using AHP Technique based on Benefit/Cost Analysis (편익/비용분석 기반의 AHP 기법을 이용한 SCM 시스템 선정 모델)

  • Seo, Kwang-Kyu
    • Journal of the Korea Safety Management & Science
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    • v.11 no.2
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    • pp.153-158
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    • 2009
  • An optimal selection problem of SCM system is one of the critical issues for the company's competitiveness and performance under global economy. This paper presents a hierarchy model consisted of characteristic factors for introducing SCM system and an AHP (Analytic Hierarchy Process) based decision-making model for SCM system evaluation and selection. The proposed model can systematically construct the objectives of SCM system selection to meet the business goals. This paper focuses on selecting an optimal SCM system considering both all decision factors and sub-decision factors of a hierarchy model. Especially, the benefit/cost analysis is applied to choose SCM system. A case study shows the feasibility of the proposed model and the model can help a company to make better decision-making in the SCM system selection problem.

The Effectiveness of the Training Program at HCL

  • Kumari, Neeraj
    • Asian Journal of Business Environment
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    • v.5 no.3
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    • pp.23-28
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    • 2015
  • Purpose - The aim of this study is to evaluate the effectiveness of a corporate training program. The case study of HCL Technologies was used to investigate how training programs improve the performance of employees on the job, as well as to identify unnecessary aspects of the training for the purpose of eliminating these from future training programs. Research design, data, and methodology - An exploratory research design was used to conduct the study. The research sample size included 50 HCL employees. The sampling technique for the data collection was convenience sampling. Results - Training is a crucial process in an organization and thus needs to be well designed. Specifically, the training programs should provide adequate knowledge to all employees, ensure correct methods are used for the selection of trainees, and avoid any perception of biasness. Conclusions - Employees were not fully satisfied by the separation of the training program into two parts, on the job and off the job training, but if sufficient data is provided to employees in advance, this could help them during the training process.

Service Management for Cloud Marketplace : A Case of Internet2 NET+ (클라우드 마켓플레이스를 위한 서비스 관리체계 연구 : Internet2 NET+ 사례)

  • Kwon, Suhn Beom;Ahn, Sung Mahn
    • Journal of Information Technology Services
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    • v.14 no.4
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    • pp.221-236
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    • 2015
  • Application software is delivered to customers as a form of service at cloud environment. A cloud service provider is a marketplace between supply side (application providers) and demand side (customers). Cloud service providers have to validate applications to be included in their service portfolio. Not only performance, security, networking, compliances should be checked but also business contract, authentication should be provided. Organization customers are more sensitive to these validation criteria and process. We study the Internet2 NET+, which is a successful cloud marketplace of applications for research and education organizations. This case study shows us three things : (i) a cloud marketplace's application management process : selection, validation, transition to service, customization of applications (ii) what a cloud marketplace has for its infrastructure like authentication, security, access control etc. (iii) what a cloud marketplace has as its governance structure. This case study will provide informative analysis of Internet2 NET, a profit-making vertical and buyer's marketplace (education industry). And we will get some strategic implications for planning and implementing cloud marketplaces.

On the Method of Deriving Weather Data to Secure the Reliability of the Variable Focus Function Camera

  • Kim, Min Joong;Choi, Kyoung Lak;Kim, Tong Hyun;Kim, Young Min
    • International Journal of Internet, Broadcasting and Communication
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    • v.14 no.2
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    • pp.162-170
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    • 2022
  • Today, automobiles have become an indispensable element in people's lives, and the distribution of vehicles with various autonomous driving functions is expanding. Sensors such as cameras are used to recognize various situations on the road as an essential element for autonomous driving functions, but camera sensors have disadvantages that are vulnerable to bad weather. In this paper, we present a derivation process that defines external weather environment factors that negatively affect the performance of a camera for an autonomous vehicle. Through the proposed process, it is expected that it will contribute to securing the reliability of the camera and further improving the safety of autonomous vehicles.

Change in Exposure Concentration in the Cleaning Process after Installing a Local Exhaust System (디클로로메탄 사용 세척공정의 국소배기장치 설치 후 노출농도 변화)

  • Myung Hwa Cho;Seung gi Kim;Hyun Soo Kim
    • Journal of Korean Society of Occupational and Environmental Hygiene
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    • v.33 no.3
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    • pp.280-283
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    • 2023
  • Objectives: The purpose of this study was to examine the change in exposure concentration in the cleaning process after installing a local exhaust system. Methods: Dichloromethane measurement was conducted according to the KOSHA Guide (A-19-2019). Results: After the local exhaust device was installed, a total of three measurements were conducted, including temporary work environment measurements, and all of the measurements did not exceed the DCM exposure standard, but were more than 50% of the DCM Time Weighted Average((8-TWA) Conclusions: It is thought that the local ventilation system of a small business needs not only support for the initial installation cost, but also educational support for maintaining the performance of the local ventilation system and support for consumables (adsorbents, filters, etc.) that incur periodic costs.

A Study on the Decision Method for CM Organization of Skyscraper Projects in Korea using the Pugh-Matrix (의사결정 매트릭스를 활용한 국내 초고층 프로젝트의 CM 조직 구성 결정방법에 관한 연구)

  • Lim, Jae-Bok;Choi, Won-Cheol;Kim, Jae-Jun
    • Journal of The Korean Digital Architecture Interior Association
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    • v.10 no.2
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    • pp.39-47
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    • 2010
  • In this study, there should be a debation on the methods, such as considerations on the CM organization of skyscraper project for the client's side, process and impact factors need to be taken, and suggesting the evaluation and selection criteria, which may lead strategic decision-making by the client. Owner of the CM organizational decision to establish a variety of alternatives, the range of CM performance characteristics of the project, considering the weight and also by evaluating the effectiveness of appropriate alternative is selected. Domestic skyscraper project, decisions about the CM organization for 'S Tower' prior to the proposed decision and the criteria was applied. As a result, domestic CM/PM companies and overseas CM/PM companies were doing business as J/V, Supervision of the integration work order types showed the highest performance levels. when they ordered CM services. The project cost reduced and organizational improvements, the results of applying alternative way, improve on-site construction plans, sharing key technologies, process improvement plan could benefit from such expectations.