• Title/Summary/Keyword: Optimal inventory management

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Comparison of Plot Sizes for Forest Inventory in Natural Deciduous Forest In Korea

  • Yim, Jong-Su;Shin, Man Yong
    • Journal of Korean Society of Forest Science
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    • v.95 no.5
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    • pp.595-600
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    • 2006
  • The plot design influences the budgets and the precision of forest inventory results. The objective of this study is to determine the efficiency of estimating forest variables such as tree density, basal area, volume, and species richness based on various plot sizes using fixed-area plot sampling in the natural deciduous forest of Pyeong-Chang County, Gang-won Province, Korea. In this study, 108 reference plots were established with a fixed plot size and shape of 0.09 ha ($30m{\times}30m$). In order to determine the optimal plot size for the interest of variables, each sample plot was established using different shapes (square, circle, and rectangle) and was divided into different plot sizes from 100 to $900m^2$. The mean relative difference (MRD) for the sum of the basal area and volume, and tree density per hectare decreased as plot size increased. But the MRD for three variables were only below 13% at the plot size of $500m^2$. Species richness for each reference stand observed ranging from 2 to 15 species, demonstrated highly positive significant relationships with plot size. The minimum plot size for the estimation of tree density, the sum of the BA and volume was determined to be about $400m^2$, whereas the estimation of species richness required a minimum plot size of $500m^2$.

Modeling Of Management Decisions Of Organization Of Production Systems

  • Arutiunian, Yevhen;Mikhailutsa, Olena;Pozhuyev, Andriy;Аzhazha, Maryna;Arutiunian, Iryna;Zrybnieva, Iryna;Slyva, Yuliia
    • International Journal of Computer Science & Network Security
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    • v.21 no.7
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    • pp.87-92
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    • 2021
  • Analysis of current state of construction industry functioning in Ukraine allows us to identify a number of problems having negative impact on sustainable development of construction industry, especially in terms of its organization. Therefore, it is absolutely essential to study existing methods of organization system supplying construction sites with necessary material resources. Companies can develop their own logistics departments, which independently solve logistics issues related to transportation organization and management, accounting and inventory management, acquisition and warehousing, intercommunication (ability to obtain both final and intermediate information during transporting materials). Using a complex of methods is substantiated: the hierarchy analysis method (Saati's method), the network method, the defect elimination algorithm DEA, the transportation problem that finds optimal problem solutions for construction sector with the purpose of rational supplying uninterrupted construction with building resources in the designed model "provider-transportation-costs".

A Study on Database System for Hostorical Booking of Korean Railroad (한국철도의 예약실적 데이터베이스 시스템에 관한 연구)

  • Oh, Seog-Moon;Hwang, Jong-Gyu;Hyeon, Seung-Ho;Kim, Yong-Gyu;Lee, Jong-Woo;Kim, Young-Hoon;Hong, Soon-Heum;Park, Jong-Bin
    • Proceedings of the KIEE Conference
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    • 1998.07a
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    • pp.371-374
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    • 1998
  • The construction of the transportation history database system is to serve the scheduling and seat inventory controling. Recently, lots of countries have been faced with the advance era because of the new railway transportation system, like the high speed railway and/or magnetic levitation vehicle system. This can be reasonably translated as those of operators are willing to provide the more various and high quality schedule to the customer. Those operators these ideas make possible to forecast that scheduling process is going to be complicated more and more. The seat inventory control, so to speak Yield Management System(YMS), goes a long way to improve the total passenger revenue at the railway business. The YMS forecasts the number of the last reservation value(DCP# END) and recommends the optimal values on the seat sales. The history database system contains infra-data(ie, train, seat, sales) that will be the foundation of scheduling and seat inventory control application programs. The development of the application programs are reserved to the next step. The database system is installed on the pc platform (IBM compatible), using the DB2(RDBMS). And at next step, the platform and DBMS will be considered whether they can meet the users' requirement or not.

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Meta-Heuristic Algorithms for a Multi-Product Dynamic Lot-Sizing Problem with a Freight Container Cost

  • Kim, Byung-Soo;Lee, Woon-Seek
    • Industrial Engineering and Management Systems
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    • v.11 no.3
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    • pp.288-298
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    • 2012
  • Lot sizing and shipment scheduling are two interrelated decisions made by a manufacturing plant and a third-party logistics distribution center. This paper analyzes a dynamic inbound ordering problem and shipment problem with a freight container cost, in which the order size of multiple products and single container type are simultaneously considered. In the problem, each ordered product placed in a period is immediately shipped by some freight containers in the period, and the total freight cost is proportional to the number of containers employed. It is assumed that the load size of each product is equal and backlogging is not allowed. The objective of this study is to simultaneously determine the lot-sizes and the shipment schedule that minimize the total costs, which consist of production cost, inventory holding cost, and freight cost. Because the problem is NP-hard, we propose three meta-heuristic algorithms: a simulated annealing algorithm, a genetic algorithm, and a new population-based evolutionary meta-heuristic called self-evolution algorithm. The performance of the meta-heuristic algorithms is compared with a local search heuristic proposed by the previous paper in terms of the average deviation from the optimal solution in small size problems and the average deviation from the best one among the replications of the meta-heuristic algorithms in large size problems.

A study on Risk-based Bridge Performance Evaluation Method for Asset Management (위험도 개념을 적용한 교량 자산관리의 성능평가방법 연구)

  • Choi, Hyun-Ho;Sun, Jong-Wan;Park, Kyung-Hoon
    • Korean Journal of Construction Engineering and Management
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    • v.14 no.3
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    • pp.22-32
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    • 2013
  • Generally, asset management procedure consists of exact information collection, decision of service level, analysis of aspiration level, analysis of financial condition and available budget, preparation of asset management plan, and value of modified asset. In this study, for the risk-based asset management, condition assessment and performance measuring, assessment of failure modes and risks, evaluation/selection of treatment options, and implementation of optimum solution are additionally included. For this, bridge inventory and performance measure considering risks are classified and method of quantitative/qualitative performance measure is suggested. Also, evaluation method of risk analysis for bridge asset management is suggested and basic research is carried out for applicable method of risk-based asset management. Using suggested risk procedure and method of risk-based bridge service level evaluation, it is possible to perform resonable asset management. Moreover, it is concluded that the proposed applicable method of risk-based asset management will provide a solution to contribute the development of systematical asset management for optimal decision making and prototype asset management system.

A study on the introduction effect of supply chain strategies using the analysis of enterprise logistics (기업 물류비용의 실증적 분석을 통한 공급사슬 전략의 도입 효과분석)

  • Lee, Jeong;Jeong, Seok-Jae;Kim, Gyeong-Seop
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2007.11a
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    • pp.482-487
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    • 2007
  • As the importance of logistics is increasing, Enterprises design the supply chain(SC) network to minimize the total costs considering inventory holding cost, transportation cost and apply the efficient strategies of supply chain based on SC network Calculating the logistics costs without reflecting the logistics components like the packaging cost, transportation related cost, storage cost, loading & unloading cost, and distribution costs, the companies should have many limitation to calculate the logistics cost of real enterprise and install the SC network reducing them. Therefore, this research is aimed at establishing SC strategies which can be an efficient alternative for a decision making on supply chain, based on existing reference and current logistics networks of 'L' company in Korea and analyzing interaction effects between strategies and influence on logistics cost by these strategies. As the method of analysis, we analyze the interaction effects between strategies as well as install the optimal SC network reflecting concrete logistics components from the viewpoint of total logistics costs. we expect that analysis method of this paper would be applied various industries and used the efficient tools for the decision mating by planing and execution of the logistics budget from enterprises.

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A Study on the Introduction Effect of Supply Chain Strategies Using the Analysis of Enterprise Logistics (기업 물류비용의 실증적 분석을 통한 공급사슬 전략의 도입 효과분석)

  • Lee, Jeong;Jeong, Suk-Jae;Kim, Kyung-Sup
    • Korean Management Science Review
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    • v.25 no.2
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    • pp.89-109
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    • 2008
  • As the importance of logistics is increasing, Enterprises try to design the supply chain(SC) network to minimize the total costs considering inventory holding cost, transportation cost and apply the efficient strategies of supply chain based on SC network. Despite of this efforts, Calculating the logistics costs without reflecting the real components of logistics like the packaging cost, transportation related cost, storage cost, loading & unloading cost, and distribution costs, the companies has many limitation to calculate the logistics cost of real enterprise. For overcoming such problem, this paper is aimed at establishing SC strategies which can be an efficient alternative for a decision making on supply chain, based on existing reference and current logistics networks of 'L' company in Korea. Also, we analyze the interaction effects between strategies as well as install the optimal SC network reflecting concrete logistics components from the viewpoint of total logistics costs using the simulation and statistic methods. we expect that analysis results of this paper would be applied various industries and be utilized to the efficient tools for the decision making by planing and execution of the logistics budget from enterprises.

A Study on Predicting the demand for Public Shared Bikes using linear Regression

  • HAN, Dong Hun;JUNG, Sang Woo
    • Korean Journal of Artificial Intelligence
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    • v.10 no.1
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    • pp.27-32
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    • 2022
  • As the need for eco-friendly transportation increases due to the deepening climate crisis, many local governments in Korea are introducing shared bicycles. Due to anxiety about public transportation after COVID-19, bicycles have firmly established themselves as the axis of daily transportation. The use of shared bicycles is spread, and the demand for bicycles is increasing by rental offices, but there are operational and management difficulties because the demand is managed under a limited budget. And unfortunately, user behavior results in a spatial imbalance of the bike inventory over time. So, in order to easily operate the maintenance of shared bicycles in Seoul, bicycles should be prepared in large quantities at a time of high demand and withdrawn at a low time. Therefore, in this study, by using machine learning, the linear regression algorithm and MS Azure ML are used to predict and analyze when demand is high. As a result of the analysis, the demand for bicycles in 2018 is on the rise compared to 2017, and the demand is lower in winter than in spring, summer, and fall. It can be judged that this linear regression-based prediction can reduce maintenance and management costs in a shared society and increase user convenience. In a further study, we will focus on shared bike routes by using GPS tracking systems. Through the data found, the route used by most people will be analyzed to derive the optimal route when installing a bicycle-only road.

A Negotiation Method based on Consignor's Agent for Optimal Shipment Cargo (최적 화물 선적을 위한 화주 에이전트 기반의 협상방법론)

  • Kim Hyun-Soo;Choi Hyung-Rim;Park Nam-Kyu;Cho Jae-Hyung
    • Journal of Intelligence and Information Systems
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    • v.12 no.1
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    • pp.75-93
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    • 2006
  • The ship selection by consignors has two steps to carry their cargo. The first step is to select according to time schedule of ships and amount of cargo, and the second one is re-selection by concentrating different consignors' cargo into a unit that can be carried by single ship. Up to now, these steps are usually done by hands leading to inefficiency. The purpose of our paper is to form a logistics chain to minimize the overall sum of logistics cost by selecting ships for consignors' cargo using negotiation methodology between agents. Through concentration and distribution of cargo, maximization of global profit derived from searching optimal point in trade-off between inventory cost and freight rate cost. It is settled by the negotiation between consignors. In the experiments, two methods of the first-step of ship selection: EPDS(Earliest Possible Departure-Date Scheduling) and LPDS(Latest Possible Departure-Date Scheduling) coupled with the second-step ship concentration method using the negotiation were shown. From this, we deduced inventory cost, freight rates and logistics cost according SBF(Scheduling Bundle Factor) and analyzed the result. We found it will minimize the total logistics cost if we use negotiation method with EPDS.

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Optimal Forest Management for Improving Economic and Public Functions in Mt.Gari Leading Forest Management Zone (가리산 선도산림경영단지의 경제적·공익적 기능 증진을 위한 산림관리 최적화 방안)

  • Kim, Dayoung;Han, Hee;Chung, Joosang
    • Journal of Korean Society of Forest Science
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    • v.110 no.4
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    • pp.665-677
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    • 2021
  • This study analyzed the optimization method of forest management to enhance economic and public functions, as well as the interrelationship among timber production, carbon storage, and water conservation functions in Mt.Gari leading forest management zone. For these purposes, a forest management planning model was developed using Multi-Objective Linear Programming. The model had an objective function to maximize the total NPV (Net Present Value) of weighted timber production, carbon storage, water conservation, and constraints to limit the rate of change in timber production, percentage of each age-class and tree species area, percentage of conifers and broad-leaved trees area in each management zone, minimum timber production and timber sales amount. Based on the description of forest inventory and the comprehensive plan of Mt.Gari, we analyzed stand information and management constraints of the study area. We compared management alternatives using different weights in the objective function. Therefore, the total NPV was maximized in the alternative considering the three functions in equal proportion, rather than the alternatives of maximizing only one function. When all three functions were considered simultaneously, timber production offset the carbon storage and water conservation, and carbon storage and water conservation interacted synergistically. However, when considering only two of the three functions, all combinations of functions demonstrated tradeoffs with one other. Therefore, we discovered that by considering all three functions equally, rather than only one or two functions, the economic and public values of the study area can be maximized.