• Title/Summary/Keyword: Inventory Modeling

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Applying Genetic Algorithm for Can-Order Policies in the Joint Replenishment Problem

  • Nagasawa, Keisuke;Irohara, Takashi;Matoba, Yosuke;Liu, Shuling
    • Industrial Engineering and Management Systems
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    • v.14 no.1
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    • pp.1-10
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    • 2015
  • In this paper, we consider multi-item inventory management. When managing a multi-item inventory, we coordinate replenishment orders of items supplied by the same supplier. The associated problem is called the joint replenishment problem (JRP). One often-used approach to the JRP is to apply a can-order policy. Under a can-order policy, some items are re-ordered when their inventory level drops to or below their re-order level, and any other item with an inventory level at or below its can-order level can be included in this order. In the present paper, we propose a method for finding the optimal parameter of a can-order policy, the can-order level, for each item in a lost-sales model. The main objectives in our model are minimizing the number of ordering, inventory, and shortage (i.e., lost-sales) respectively, compared with the conventional JRP, in which the objective is to minimize total cost. In order to solve this multi-objective optimization problem, we apply a genetic algorithm. In a numerical experiment using actual shipment data, we simulate the proposed model and compare the results with those of other methods.

The Optimal Inventory Modeling and The Cost Sensitivity Analysis with Reducing Inventory Investment (재고투자 감축에 따른 재고모형과 비용 감도 분석)

  • Kwon, Hee-Chul
    • Journal of Digital Convergence
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    • v.11 no.12
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    • pp.265-274
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    • 2013
  • The business cycle during a recession leads to negative effects on raising funds and operations management of company. In particular, the company with many inventories in the recession causes liquidity problem. Which leads to frustration in the competitive strategy management. In this case the company experiencing cash or liquidity problems attempts to reduce its investment in inventory. However, reducing inventory investment makes problems to increase inventory operating costs. This paper presents sensitivity of total cost compared to the size for reducing inventory investment. This will guarantee the relevance of the reducing inventory investment. Optimal Inventory levels also may be required to be less than the optimal levels without reduction on inventory investments.

Capacitated Satellite Facility Modeling for Inventory Routing Problems (위성창고를 가진 시스템에서의 재고보충일정 및 경로결정 문제에 관한 연구)

  • 이현지;최경현
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2000.04a
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    • pp.522-525
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    • 2000
  • 본 연구에서는 고객의 재고 수준을 고려하면서 동시에 연간 수송비용을 최소로 하는 차량 경로결정문제 IRP(Inventory Routing Problem)에 새로운 위성창고 (Satellite facility)개념을 도입한 수리모델과 알고리즘을 개발하였다. 위성창고는 수송 가능 용량을 초과하는 수요가 발생했을 때 수송 도중에 물량을 보충하여 재고 보충 일정 시간 내에 운반을 할 수 있도록 하는 장치이며 여기서는 용량의 한계를 고려한 위성창고 개념을 도입하였다. 또한 재고 보충 일정 관리 문제와 차량 경로 결정 문제를 분리하여 순차적으로 발견적 기법을 이용하는 기존의 방법을 통합 최적화 알고리즘으로 구현하였다.

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Determining of an Optimal Spares Stocking Policy with Reliability Improvement

  • Jun Hong Kim
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.23 no.56
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    • pp.1-8
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    • 2000
  • We present in this paper an optimal stocking policy for a repairable inventory system under reliability improvement. For this purpose we illustrate commercial flight lines with a large number of planes. This model is supported by a central repair facility. For modeling the nonstationary M/M/s system we implemented SIMAN for computing the time dependent number of units in the repair facility with any number of units. In this model we provide the required inventory level at each location. 1y month. for various levels of associated stock-out risk.

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Stochastic Programming for the Optimization of Transportation-Inventory Strategy

  • Deyi, Mou;Xiaoqian, Zhang
    • Industrial Engineering and Management Systems
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    • v.16 no.1
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    • pp.44-51
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    • 2017
  • In today's competitive environment, supply chain management is a major concern for a company. Two of the key issues in supply chain management are transportation and inventory management. To achieve significant savings, companies should integrate these two issues instead of treating them separately. In this paper we develop a framework for modeling stochastic programming in a supply chain that is subject to demand uncertainty. With reasonable assumptions, two stochastic programming models are presented, respectively, including a single-period and a multi-period situations. Our assumptions allow us to capture the stochastic nature of the problem and translate it into a deterministic model. And then, based on the genetic algorithm and stochastic simulation, a solution method is developed to solve the model. Finally, the computational results are provided to demonstrate the effectiveness of our model and algorithm.

ESTIMATION OF THE FISSION PRODUCTS, ACTINIDES AND TRITIUM OF HTR-10

  • Jeong, Hye-Dong;Chang, Soon-Heung
    • Nuclear Engineering and Technology
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    • v.41 no.5
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    • pp.729-738
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    • 2009
  • Given the evolution of High-Temperature Gas-cooled Reactor(HTGR) designs, the source terms for licensing must be developed. There are three potential source terms: fission products, actinides in the fuel and tritium in the coolant. It is necessary to provide first an inventory of the source terms under normal operations. An analysis of source terms has yet to be performed for HTGRs. The previous code, which can estimate the inventory of the source terms for LWRs, cannot be used for HTGRs because the general data of a typical neutron cross-section and flux has not been developed. Thus, this paper uses a combination of the MCNP, ORIGEN, and MONTETEBURNS codes for an estimation of the source terms. A method in which the HTR-10 core is constructed using the unit lattice of a body-centered cubic is developed for core modeling. Based on this modeling method by MCNP, the generation of fission products, actinides and tritium with an increase in the burnup ratio is simulated. The model developed by MCNP appears feasible through a comparison with models developed in previous studies. Continuous fuel management is divided into five periods for the feeding and discharging of fuel pebbles. This discrete fuel management scheme is employed using the MONTEBURNS code. Finally, the work is investigated for 22 isotope fission products of nuclides, 22 actinides in the core, and tritium in the coolant. The activities are mainly distributed within the range of $10^{15}{\sim}10^{17}$ Bq in the equilibrium core of HTR-10. The results appear to be highly probable, and they would be informative when the spent fuel of HTGRs is taken into account. The tritium inventory in the primary coolant is also taken into account without a helium purification system. This article can lay a foundation for future work on analyses of source terms as a platform for safety assessment in HTGRs.

PM2.5 Simulations for the Seoul Metropolitan Area: ( I ) Contributions of Precursor Emissions in the 2013 CAPSS Emissions Inventory (수도권 초미세먼지 농도모사: ( I ) 2013 CAPSS 배출량 목록의 전구물질별 기여도 추정)

  • Kim, Soontae;Bae, Changhan;Kim, Byeong-Uk;Kim, Hyun Cheol
    • Journal of Korean Society for Atmospheric Environment
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    • v.33 no.2
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    • pp.139-158
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    • 2017
  • CMAQ (Community Multiscale Air Quality Model) simulations were carried out to estimate the potential range of contributions on surface $PM_{2.5}$ concentrations over the Seoul Metropolitan Area (SMA) with the gaseous precursors and Primary Particulate Matters(PPM) available from a recent national emissions inventory. In detail, on top of a base simulation utilizing the 2013 Clean Air Policy Supporting System (CAPSS) emission inventory, a set of Brute Force Method (BFM) simulations after reducing anthropogenic $NO_x$, $SO_2$, $NH_3$, VOCs, and PPM emissions released from area, mobile, and point sources in SMA by 50% were performed in turn. Modeling results show that zero-out contributions(ZOC) of $NH_3$ and PPM emissions from SMA are as high as $4{\sim}5{\mu}g/m^3$ over the region during the modeling period. On the contrary, ZOC of local $NO_x$ and $SO_2$ emissions to SMA $PM_{2.5}$ are less than $1{\mu}g/m^3$. Moreover, model analyses indicate that a wintertime $NO_x$ reduction at least up to 50% increases SMA $PM_{2.5}$ concentrations, probably due to increased HNO3 formation and conversion to aerosols under more abundant ozone and radical conditions after the $NO_x$ reduction. However, a nation-wide $NO_x$ reduction decreased SMA $PM_{2.5}$ concentrations even during winter, which implies that nation-wide reductions would be more effective to curtail SMA $PM_{2.5}$ concentrations than localized efforts.

Design and Implementation of UML-Based Material Management System for Automotive Part Company (자동차부품기업의 UML기반 자재관리시스템 설계 및 구현)

  • Park Jung-Hyuk;Seo Ki-Chul;Moon Tae-Soo
    • The Journal of Information Systems
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    • v.12 no.2
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    • pp.129-149
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    • 2003
  • One of the important applications in Enterprise Resource Planning(ERP) systems is the Manufacturing Resource Planning(MRPII) system using Bill of Material(BOM). The manufacturing resource planning determines the quantity and timing of the production or purchase of subassemblies and raw materials needed to support the Master Production Scheduling(MPS). The bill of material is the recipe, a list of the materials needed to make a product. This paper intends to suggest a component-based materials management system using Unified Modeling Language(UML), as an application system for automobile part industry. Applying component based materials management systems designed with UML methodology, we analyzed the workflow and the document on materials management process from production planning to inventory management, and implemented a prototype of efficient materials management system, as a surrogate of existing material requirement planning(MRPI) system. To produce many other assemblies for a automobile part firm, component parts are assembled into subassemblies that are joined to assemble the finished product. Through the system suggested in this study, the level of inventory has cut down and the cost of inventory management has decreased. Also, the development method using UML makes the analysis and design phase to shorten in implementation period of MRPII system. The implementation of materials management system using CBD shows the ease of use in software reuse and the interoperability with corporate Internal information system. The result of applying object-oriented CBD technique is to minimize the risk of life cycle and facilitate the reuse of software as mentioned to limitation of information engineering methodology.

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Mapping Landslide Susceptibility Based on Spatial Prediction Modeling Approach and Quality Assessment (공간예측모형에 기반한 산사태 취약성 지도 작성과 품질 평가)

  • Al, Mamun;Park, Hyun-Su;JANG, Dong-Ho
    • Journal of The Geomorphological Association of Korea
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    • v.26 no.3
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    • pp.53-67
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    • 2019
  • The purpose of this study is to identify the quality of landslide susceptibility in a landslide-prone area (Jinbu-myeon, Gangwon-do, South Korea) by spatial prediction modeling approach and compare the results obtained. For this goal, a landslide inventory map was prepared mainly based on past historical information and aerial photographs analysis (Daum Map, 2008), as well as some field observation. Altogether, 550 landslides were counted at the whole study area. Among them, 182 landslides are debris flow and each group of landslides was constructed in the inventory map separately. Then, the landslide inventory was randomly selected through Excel; 50% landslide was used for model analysis and the remaining 50% was used for validation purpose. Total 12 contributing factors, such as slope, aspect, curvature, topographic wetness index (TWI), elevation, forest type, forest timber diameter, forest crown density, geology, landuse, soil depth, and soil drainage were used in the analysis. Moreover, to find out the co-relation between landslide causative factors and incidents landslide, pixels were divided into several classes and frequency ratio for individual class was extracted. Eventually, six landslide susceptibility maps were constructed using the Bayesian Predictive Discriminant (BPD), Empirical Likelihood Ratio (ELR), and Linear Regression Method (LRM) models based on different category dada. Finally, in the cross validation process, landslide susceptibility map was plotted with a receiver operating characteristic (ROC) curve and calculated the area under the curve (AUC) and tried to extract success rate curve. The result showed that Bayesian, likelihood and linear models were of 85.52%, 85.23%, and 83.49% accuracy respectively for total data. Subsequently, in the category of debris flow landslide, results are little better compare with total data and its contained 86.33%, 85.53% and 84.17% accuracy. It means all three models were reasonable methods for landslide susceptibility analysis. The models have proved to produce reliable predictions for regional spatial planning or land-use planning.

A Study on Efficient Stock Arrangement of Distribution Center Using MBA Analysis and Simulation in Retail Business (유통업에서 MBA분석과 시뮬레이션을 이용한 물류센타 재고배치 효율화에 관한 연구)

  • Yeo, Sung-Joo;Seong, Kil-Young;Wang, Gi-Nam
    • IE interfaces
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    • v.22 no.3
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    • pp.234-242
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    • 2009
  • It is most important for distribution center in retail business to delivery commodities in a timely manner. Accordingly, many companies try to make distribution center effective using the Warehouse Management System(WMS) integrated legacy system. Also, the Customer Relationship Management(CRM) is the most typical paradigm in management lately. Even though the WMS and CRM are independent system of each other, WMS, coupled with CRM makes customer satisfied more effectively. In this paper, we proposed the methodology for inventory location after analyzing and applying customer buying pattern data in the CRM through the MBA(Market Basket Analysis), which is part of data mining. We used an example modeling a real distribution center in retail through a 3D simulation tool and examined correlation between commodities using customer buying pattern. After that, we applied it to the inventory location system through the MBA in an example. Finally, we identified decrease in the time for picking, which is the majority of distribution center. Besides, we proposed a simulation methodology before applying new methodology. Consequently, it removes potential errors in advance and makes a optimized inventory location system.