• 산업경영시스템학회지
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• 제24권65호
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• pp.11-22
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• 2001

Recently, many studies on the supply chain management have been published due to increasing attention placed on the design and performance analysis of the supply chain as a whole. Using the Beer distribution game introduced in Sterman[1995], we develop a simple order-up-to-R inventory model to minimize sum of the inventory holding cost and shortage cost under probabilistic demand. We show that performance of the model is robust through extensive simulation experiment. Applying the model to serially connected supply chain, we observe that, if the unit shortage cost is relatively high, R value computed independently is an optimal solution.

• 대한산업공학회지
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• 제19권3호
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• pp.25-35
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• 1993

Economic screening procedures using a correlated variable are proposed to assure that the proportion of conforming items is above a desired level after screening. It is assumed that the performance variable and the screening variable are jointly normally distributed. Two screening procedures are considered. In the first screening procedure, all of the items are inspected on the screening variable. If an item fails to meet the screening specifications, it is rejected and excluded from shipment without inspection of the performance variable. In the second screening procedure, the item which fails to meet the screening specifications is inspected on the performance variable. If the value of the performance variable is within specifications the item is accepted, and the item is rejected otherwise. Cost models are constructed which involve cast from an accepted nonconforming item, cost from a rejected item, and quality inspection cost. Methods of finding optimal cutoff value on a screening variable are presented and numerical examples are given.

• 설비공학논문집
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• 제13권3호
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• pp.200-208
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• 2001

In indoor temperature control of a heat pump, a reduction in energy consumption is very important. However, most control schemes for heat pumps have focused only on control performance such s settling time and steady-state error. In this paper, the model predictive control (MPC) which includes the energy-related variable in this cost function is proposed. By computing the control signal minimizing this cost function, the trade-off between energy reduction and temperature control performance can be obtained. Since the MPC required the process model, the dynamic mode of a heat pump is also obtained by the system identification technique. Performance of the proposed MPC considering energy efficiency is compared with the two other control schemes. It si shown that the proposed scheme can consume less energy thant hte others in achieving similar control performance.

• 산업경영시스템학회지
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• 제18권36호
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• pp.275-285
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• 1995

In recent years there has been increasing interest in the issue of process centering in manufacturing process, The traditional process capability indices Cp, Cpk and Cpu are used to provide measure of process performance, but these indices do not represent the issue of process centering. A new measure of the process capability index Cpm is proposed that takes into account the proximity to the target value as well as the process variation when assessing process performance. However, Cpm only considers acceptance cost for deviation from target value within specification limits, do not includes economic consideration for rejected items. This paper proposes flexible process performance measures that considered quadratic loss function caused by quality deviation within specification limits, rejection cost associated with the disposition of rejected items, and inspection cost. In this model disposition of rejected items are considered under perfect corrective procedures and the absence of perfect corrective procedures.

• International Journal of Advanced Culture Technology
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• 제8권4호
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• pp.101-109
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• 2020

Along with rapid global economic development, people are slowly becoming environmentally aware and green development is increasingly a vital topic of social concern. Academic circles are currently focusing on environmental protection and economic growth to explore the coordinated development of both and to achieve a win-win solution between them. To study the relationship between environmental protection experience and both cost and performance, this study empirically analyzes companies listing on the Shenzhen A-share market from 2014 to 2018. The results show that senior executives' environmental protection experience is negatively correlated with corporate costs, whereas it is positively correlated with business performance. These results provide empirical evidence of the importance of enterprises introducing and cultivating environmental personnel and insisting on sustainable development.

• ETRI Journal
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• 제44권2호
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• pp.313-326
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• 2022

This study presents a noble scheme for distributed and parallel simulations with optimized agent placement for simulation instances. The traditional parallel simulation has some limitations in that it does not provide sufficient performance even though using multiple resources. The main reason for this discrepancy is that supporting parallelism inevitably requires additional costs in addition to the base simulation cost. We present a comprehensive study of parallel simulation architectures, execution flows, and characteristics. Then, we identify critical challenges for optimizing large simulations for parallel instances. Based on our cost-benefit analysis, we propose a novel approach to overcome the performance constraints of agent-based parallel simulations. We also propose a solution for eliminating the synchronizing cost among local instances. Our method ensures balanced performance through optimal deployment of agents to local instances and an adaptive agent placement scheme according to the simulation load. Additionally, our empirical evaluation reveals that the proposed model achieves better performance than conventional methods under several conditions.

• Journal of Information Technology Applications and Management
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• 제27권1호
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• pp.111-123
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• 2020

This paper aims to highlight the importance of employee participation in green management in hotel firms. In particular, the study examined the role of employee participation in green management on cost saving as a hotel's performance indicator. We collected data from senior and general managers in Korean and US hotels. The results of the study supported our hypotheses, showing that the employee participation had a significantly positive relationship with cost savings in hotels. The results of the study also supported other hypotheses, showing that resource conservation and green building management had positive relationships with cost savings in hotels. Therefore, it can be predicted that green management can save cost in hotel firms. Such managerial implications are discussed.

• 대한산업공학회지
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• 제27권4호
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• pp.366-373
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• 2001

Economic component screening procedures for multi-component assembly products supplied with warranty are proposed. It is assumed that the screening variable is continuous and the performance variable is dichotomous. Logistic and normal models are considered; the proportion of conforming items is a logistic function of the screening variable in the logistic model and the screening variable given the performance variable is normally distributed in the normal model. Cost models are constructed which involve three cost components; screening inspection cost for each component, cost due to disposing a rejected component, and warranty cost for an assembly product. Methods of finding the optimal screening procedures are presented and numerical examples are given.

• 한국정보과학회:학술대회논문집
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• 한국정보과학회 2011년도 한국컴퓨터종합학술대회논문집 Vol.38 No.1(A)
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• pp.391-394
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• 2011

3rd party content service is a consumer-based wide selection of contents in which IPTV provider believes will enhance the service considerably extending the variety of contents to finally provide a personalized service. Therefore, the combination of 3rd party content services and the IPTV infrastructure creates a good revenue opportunity but they need to be created. IPTV offers to create personalized channels to distribute 3rd party content service. However, the cost of $3^{rd}$ party content delivery is high when the service is provided from a faraway server. IPTV provider requires an effective strategy of replica placement to minimize the cost without a tradeoff on the performance. We propose a cluster-based strategy of replica placement to find the right balance between cost and performance. The results demonstrate the achievement of an outstanding delivery time and low cost.

• 한국초전도ㆍ저온공학회논문지
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• 제22권1호
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• pp.17-23
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• 2020

Cryogenic insulation systems, with proper materials selection and execution, can offer the highest levels of thermal performance. Insulations are listed in order of increasing performance and, generally, in order of increasing cost. The specific insulation to be used for a particular application is determined through a compromise between cost, ease of application and the effectiveness of the insulation. Consequently, materials, representative test conditions, and engineering approach for the particular application are crucial to achieve the optimum result. The present work is based on energy cost balance for optimizing the thickness of insulated chambers, using foamed or multi layered cryogenic shell. The considered insulation is a uniformly applied outer layer whose thickness varies with the initial and boundary conditions of the studied vessel under steady-state radial heat transfer. An expression of the optimal insulation thickness derived from the total cost function and depending on the geometrical parameters of the container is presented.