• Journal of Korean Institute of Industrial Engineers
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• v.11 no.2
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• pp.75-85
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• 1985

The application of GT results in the mass production effect to multi-product, small lot-sized production. Group scheduling, which is operations scheduling based on the GT concept, is analyzed in a multistage manufacturing system. But the research has been limited in independent setup time models. A heuristic algorithm has been developed to minimize the mean flow time when setup times are dependent to sequence of group in multistage. For evaluation of the heuristic algorithm, the solution of heuristic algorithm is compared with that of random scheduling. The result of comparison indicates that the proposed heuristic algorithm provides good solutions with relatively fewer computational effort.

• Korean Management Science Review
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• v.18 no.2
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• pp.73-85
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• 2001

Recently increasing amount of efforts has been devoted to the improvement of logistics in the marine products industry. Yet, few studios have been conducted on the development of site selection models of marine products centers. This paper Proposes a systematic assessment model for the decision making, which is composed of a set of evaluation criteria and an appropriate evaluation method. In choosing criteria we consider completeness and comprehensiveness to reach a right solution. For more flexibility of the model in the future, this study proposes two sets of criteria according to the size of planned centers. The Analytic Hierarchy Process (AHP) is adopted in this study, since the criteria incorporate both subjective factors and objective factors and the AHP is known effective in the situation. This study then illustrates the model application with plausible alternatives. Finally, a dependency problem in the decision criteria is discussed and the Analytic Network Process (ANP) is recommended, in the context, as e solution method.

• Management Science and Financial Engineering
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• v.11 no.3
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• pp.61-78
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• 2005

The aim of this paper is to identify the barriers to the B2B e-commerce development in China's pharmaceutical industry and to devise an effective strategy for its future development. Built on a detailed investigation of the market structure and recent development of electronic commerce in China's pharmaceutical industry, this paper proposes that the key issue in the development of effective B2B e-commerce business models is the successful transformation of the inter- organizational information systems into electronic marketplaces. In order to ensure the success of such electronic marketplaces, a government driven approach will be needed. In the process, designing an incentive compatible mechanism of coordinating the interest of all the market players will be the prerequisite.

• Korean Management Science Review
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• v.16 no.2
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• pp.137-147
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• 1999

This paper compares and evaluates the performances of the two types of mathematical programming models for solving the machine-part cell formation problem in group technology manufacturing : indirect formulation relying on surrogate measure such as similarity coefficient and direct formulation seeking to minimize the number of exceptional elements. New indirect formulation, called the generalized {{{{ { p}_{ } }}-median model. is proposed. Unlike existing {{{{ { p}_{ } }}-median formulations, proposed formulation includes the classical cell formation problem in which only one process plan exsits for each part as a special case. The proposed new formulation can also deal with the cell formation problem in which alternative process plans exist for a part. The indirect formulation is compared with a new direct formulation which needs much fewer extra variables and constraints than existing direct formulations. Some significant findings from comparative experiment are discussed.

• Korean Management Science Review
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• v.11 no.1
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• pp.39-50
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• 1994

Carousel systems can be classified into unidirectional and bidirectional carousel, depending on the hardware structure. Bidirectional carousels again can be classified into reversible and irreversible carousel, depending on whether the reversal of direction is allowed or not during the process of an order. In this study, single carousel served by one operator is considered. Analytical models for the rotation distance to process an order of size are developed for unidirectional and irreversible bidirectional cases. For reversible bidirectional and Nearest Neighbor Heuristic cases, simulation results of the average rotation distance are presented. Since the throughput capacity of carousel systems also depends upon the picking time of the operator; order size; and the rotation speed of carousel, the model considers the above three factors to express the throughput capacity of single carousel systems.

• Management Science and Financial Engineering
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• v.17 no.1
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• pp.65-78
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• 2011

In the continuous review (Q, r) model one continuously monitors inventory level and places a replenishment order when the inventory position reaches the reorder point. In many business practices, however, inventory decreases in a discrete fashion. As a result, replenishment orders are usually placed after the inventory position gets far below the reorder point. This makes a chance of shortage more likely and the service level lower than designed. Such a discrepancy can be compensated for by raising the reorder point to some extent. The question is how much the reorder point should be raised in order to compensate for a potential shortage. In this study, we present experimental analyses for this question. Regression models are also proposed for on-site use.

• Korean Management Science Review
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• v.24 no.2
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• pp.115-126
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• 2007

Weekly minima of daily log returns of Korean composite stock price index 200 and its five industry-based business divisions over the period from January 1990 to December 2005 are fitted using two block-based extreme distributions: Generalized Extreme Value(GEV) and Generalized Logistic(GLO). Parameters are estimated using the probability weighted moments. Applicability of two distributions is investigated using the Monte Carlo simulation based empirical p-values of Anderson Darling test. Our empirical results indicate that both the GLO and GEV models seem to be comparably applicable to the weekly minima. These findings are against the evidences in Gettinby et al.[7], who claimed that the GEV model was not valid in many cases, and supported the significant superiority of the GLO model.

• Korean Management Science Review
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• v.30 no.1
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• pp.25-41
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• 2013

This paper presents a supply chain framework with the ODM (Original Design Manufacturing)-OEM (Original Equipment Manufacturing) hybrid production of textile industry in FTA (Free Trade Agreements) environments between Korea and other countries. The proposed supply chain framework with ODM-OEM hybrid production is a unique supply chain that has both domestic production with non-tariff advantages in FTA environment and oversea production with low labor costs. To investigate the validity of the proposed supply chain, we first construct its strategic profit model and supply chain planning and then show that each member of supply chain network-yarn manufacturer, fabric manufacturer, and apparel manufacturer-can maximize their own profits without conflicts among the members. The efficiency of the ODM-OEM hybrid production system is analytically verified in comparison with the general OEM and ODM production model using profit models. Comprehensive numerical examples are provided to illustrate the advantages of the proposed system.

• Proceedings of the Korean Society of Machine Tool Engineers Conference
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• 2002.10a
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• pp.41-46
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• 2002

In the face of global competition, the requirements fer the continuously increasing productivity, flexibility and quality (dimensional accuracy, mechanical properties and surface properties) have imposed a major change on steel manufacturing industries. The automation of hot rolling process requires the developments of several mathematical models for simulation and quantitative description of the industrial operations involved. To achieve this objectives, a new loaming method with neural network to improve the accuracy of rolling force prediction in hot rolling mill is developed. Also, Genetic Algorithm(GA) is applied to select the optimal structure of the neural network and compared with that of engineers experience. It is shown from this research that both structure selection methods can lead to similar results.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.22 no.52
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• pp.285-295
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• 1999

Developing control functions that operate and cooperate each equipment in order to achieve a goal is one of the most important problems in the installation of automated manufacturing systems. This paper discusses the development of a control system for heterarchical architecture and a simulator to verify operations of the control system. The object-oriented paradigm that has excellent reusability, portability, and extensibility is currently being used in many application fields as a software development methodology. Especially, UML(Unified Modeling Language), the third generation object-oriented modeling methodology, has advantages such as model generalization, clearness, and so on. In this research, software objects to accomodate the real time environments of automated manufacturing systems are modeled with the diagrams of UML. Based on these models, control software is developed as a format of pseudo-codes. A simulator is implemented to validate the developed control system.