• Journal of Korean Society of Industrial and Systems Engineering
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• v.43 no.1
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• pp.70-78
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• 2020

Under the situation which customer orders are cancelled unless all products in the order are delivered all at once, this paper concentrates on the purchase dependent demands and explores the systematic approach to implant the purchase dependence into the multi-product inventory model. First, by acknowledging that it is a challenging task to formulate a suitable inventory model for the purchase dependence, we derive the optimal solution condition using an EOQ model and extend the optimal solution condition to periodic review models. Then, through the comparison simulation of four inventory policies regarding several degrees of purchase dependence, we demonstrate that the inventory models which consider the purchase dependence generate less total cost than the inventory models which ignore the purchase dependence. In general, the inventory models which consider the purchase dependence reduce the loss of sales by maintaining more inventories, which results in reducing the total cost. Consequently, the simulation result supports the effectiveness of this paper's approach. In addition, this paper uses the individual order period and joint order period obtained from the EOQ model for the multi-product inventory model. Through the in-depth analysis of comparing the two models, we observe that the model of using the joint order period produces less total cost when the degree of purchase dependence is high, but the model of using the individual order period produces less total cost when the degree of purchase dependence is low.

• Journal of the Korea Institute of Military Science and Technology
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• v.16 no.6
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• pp.762-770
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• 2013

Korean military is currently using and operating a precision approach and landing system, called RAPCON (ASR/PAR), which is imported from overseas. However, drawbacks of this system are operational and cost problems that come along, e.g. straightness of the radio waves, limited ability of narrow searching, lack of interoperability, and high cost of installation and maintenance. Moreover, as the civilian air traffic control uses a similar system compared to the military, the so called DME/VOR/ILS, disturbance between these two systems triggered the consideration of GNSS as alternative system. In this paper, we conduct a research on trends in the field of precise approach and landing systems based on GNSS, analyze weaknesses of GNSS(jamming, fault) and consider possible solutions. Furthermore, we propose the precise approach and landing system based on GNSS to be used by the Korean military as we found it to be also suitable for military purposes. Finally, we examine the benefits of a domestic development with different focuses(development/cost of mass production/operational advantages and potential for increased performance).

• Journal of Korean Institute of Industrial Engineers
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• v.21 no.3
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• pp.299-311
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• 1995

Conventional discounted cash flow techniques fail to capture the risk associated with investments. This paper proposes an annual cash flow model that considers risk, cost structure and inventory liquidation in the evaluation of investment alternatives. The risk differential of investments is included using the capital asset pricing model while the stochastic version of the cost-volume-profit approach is used to consider inventory liquidation and cost structure. Tradeoffs between fixed and variable costs have been investigated, and portrayed using iso-cash flow curves. The proposed cash flow model has been developed, in particular, to enable an accurate evaluation of advanced manufacturing systems.

• Proceedings of the KSRS Conference
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• 1999.11a
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• pp.25-30
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• 1999

This paper covers the development of a highly portable and low cost SPOT image data receiving system. We followed two design approaches. One is the software-based approach by which most of the real-time processing is handled by software. With the complete software-based design, it is simple to add a function for receiving any additional satellite data. Satellite-specific format handlers including error correction, decompression and decryption can easily be accommodated. On the other approach. we used a general hardware platform, IBM-PC and a low cost SCSI RAID (Redundant Away of Independent Disks), and therefore, we can make a low cost system.

• The Korean Journal of Community Living Science
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• v.13 no.1
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• pp.25-40
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• 2002

Recently the rural women's role has been changed from assisting men to leading major farm work. However, contribution of women in the rural area has not beers fairly evaluated. Hence, it has been difficult for the rural women to receive the reasonable compensation if they injured, had some disasters or were divorced. Therefore this study tried to suggest economic methods such as market cost approach, opportunity cost method and shadow wage method for evaluating rural women's labor. It might provide some information for helping to establish the status of rural women as a income earner through estimating money value of labor contributed by rural women and furthermore, be useful information to improve the efficiency of farm labor by exploring the relationship between value of labor and actual income. Hence, it might help improve the economic situation and life at home of rural women, solve difficulties in the real life and reduce disparity of economic distribution between urban and rural area.

• Journal of the Korea Safety Management & Science
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• v.8 no.1
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• pp.145-164
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• 2006

Value Engineering(VE) has been recognized by many companies as a powerful and innovative technical approach for cost down and improvement in function of product and service. VE is a discipline which use an organized, creative approach to achieve the required function at the lowest cost. For the Purpose of developing new product, at this paper used the method of 2nd look VE developing bike helmet, in the order of selecting target, function analysis and writing alternative. The development of Helmet by the process of VE job plan, achieve the cost reduction of 27 million won for developing new product with customer's need.

• International Journal of Contents
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• v.7 no.2
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• pp.1-5
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• 2011

Allocation of computing resources is a crucial issue when dealing with a huge number of tasks to be completed according to a given deadline and cost constraints. The task scheduling to several resources (e.g. grid, cloud or a supercomputer) with different characteristics is not trivial, especially if a trade-off in terms of time and cost is considered. We propose an allocation approach able to fulfill the given requirements about time and cost through the use of optimizing techniques and an adaptive behavior. Simulated productions of tasks have been run in order to evaluate the characteristics of the proposed approach.

• Proceedings of the KIEE Conference
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• 2003.07a
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• pp.139-141
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• 2003

The outage cost has very important position for determination of the optimal level or optimal range of reliability in power system expansion planning. Establishing the worth of service reliability is a very difficult and subjective task. This paper addresses the role, need and assessment algorithm and methodology of the outage cost on power system expansion planning. Furthermore outage cost has been assessed using macro approach for our country 15years(1986-2001) in the case study.

• Journal of Korea Society of Industrial Information Systems
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• v.4 no.2
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• pp.81-87
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• 1999

This paper discusses a bicriterion approach to sequencing with time/cost trade-offs. The first problem is to minimize the total flow time and the maximum tardiness. And second is to the maximum tardiness and resource allocation costs. This approach, which produces an efficient flintier of possible schedules, has the advantage that it does not require the sequencing criteria to be measurable in the same units as the m allocation cost. The basic single machine model is used to treat a class of problems in which the sequencing objective is to minimize the maximum completion penalty. It is further assumed that resource allocation costs can be represented by linear time/cost function.

• International conference on construction engineering and project management
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• 2005.10a
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• pp.808-813
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• 2005

Effective cost management requires reliable cost estimates at every stage of project development. The primary purpose of this research is to develop systematic modeling procedures and an automatic computing program for infrastructure estimating in the Texas Department of Transportation (TxDOT). The computing system toggles between project input information and segregated district unit prices for highway work item quantity estimates associated with earthwork and landscape, subgrade treatments and base, surface courses and pavement, structures, miscellaneous construction, and lighting, signing, markings and signals. This quantity-based approach was chosen because of the conventional approach lacking of quantity information until primary design is complete.