• Title/Summary/Keyword: Order Management

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Structural Relationship between ESG Management and Safety Management and Business Performance : Focused on Regional Airport (ESG경영과 안전경영 그리고 경영성과의 구조적 관계 : 지역 공항을 중심으로)

  • Jo, Young Jin;Sung, Haeng Nam;Kwon, Jin Tack
    • The Journal of Information Systems
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    • v.32 no.4
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    • pp.51-67
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    • 2023
  • Purpose While research on ESG management in airlines is ongoing, research on airports, especially regional ones, remains insufficient. This study's point of departure is the inquiry into how the local airport industry is addressing global environmental shifts and engaging in ESG management activities. Design/methodology/approach Based on previous studies, the relationship between ESG(Environmental, Social, Governance) management, safety management, reputation, and management performance was analyzed. We analyzed 578 questionnaires through structural equation modeling using AMOS 21.0 to test our hypotheses. Findings First, environmental, social, governance, and safety management have a positive effect on both reputation and business performance. Second, reputation has affected business performance. Third, reputation was affected in the order of governance management, safety management, environmental management, and social management.

A ${\frac{1}{3}}$-Approximation Algorithm for the Order Consolidation Problem (주문집약문제에 대한 ${\frac{1}{3}}$-근사해법)

  • Myung, Young-Soo
    • Journal of the Korean Operations Research and Management Science Society
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    • v.42 no.1
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    • pp.43-52
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    • 2017
  • We consider the order consolidation problem that arises in production systems where customer orders are processed in batches. The problem involves maximizing the number of batches while satisfying the following conditions: (i) the total quantity processed in each batch must be above a prescribed level; (ii) the quantity in an order can be split and processed in more than one batches; (iii) each batch can include up to two different orders but can do so only when the two orders are compatible pair. This problem is known to be NP-hard and max-SNP hard. In this study, we develop an approximation algorithm with factor 1/3.

A study on a single production inventory model with decaying items (진부화 제품의 단일 생산 재고 모델에 관한 연구)

  • 소재영;윤덕균
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 1995.04a
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    • pp.476-486
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    • 1995
  • In this paper, an attempt has been made to revise Raafat' s(1985) results on an inventory model for decaying raw materials and the finished product at a constant rate which was based on Goyal's integrated inventory model for a single product system. This paper is concerned with scheduling the frequencies of order quantity of several different raw materials on a production inventory model. The purpose of this paper is to present a simple method of deciding the frequencies of order quantity of raw materials, in the sense of minimizing the average total cost of the system. We describe on iterative procedure for directly determining near optimal frequencies of order quantity for the raw materials and the associated fundamental cycle time which can be used for constructing the production duration of the finished product. In cases where feasible schedules cannot be constructed using the values from the iterative procedure, the procedure provides a basis for changing the order quantity frequencies and the fundamental cycle time to obtain feasible schedules. An example is given to illustrate the derived results.

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Order Based Performance Evaluation of a CONWIP System with Compound Poisson Demands (복합포아송 수요를 갖는 CONWIP 시스템의 주문관점에서의 성능평가)

  • Park, Chan-Woo;Lee, Hyo-Seong
    • Journal of the Korean Operations Research and Management Science Society
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    • v.32 no.1
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    • pp.137-146
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    • 2007
  • In this study we consider a CONWIP system studied in Park and Lee [1] in which the processing times at each station follow a Coxian distribution and the demands for the finished products arrive according to a compound Poisson process. The demands that are not satisfied Immediately are either backordered or lost according to the number of demands that exist at their arrival instants. For this system using the results in [1] we develop an approximation method to calculate order based performance measures such as the mean time of fulfilling a customer order and the mean number of customer orders. To test the accuracy of the approximation method, the results obtained from the approximation method are compared with those obtained by simulation. Comparisons with simulation have shown that the approximate method provides fairly good results.

A Study on Refrigerate Warehouse Facility Performance Planning for Picking and Replenishing Facility Using Simulation Method (냉장창고설비의 픽킹 및 재 보충설비계획문제의 연구)

  • Hwang Heung Seok;Jo Gyu Seong;Choe Bae Seok
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2003.05a
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    • pp.1035-1041
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    • 2003
  • Recent studies among various activities taking place in order-picking warehouse system have shown various researches to reduce the order-picking costs occupying more than half the total costs. One way of improving the warehouse system performance is to separate from a picking area and a reserve area in one unit rack. This study is concerned on the performance evaluation model for picking and replenishing facility of refrigerated warehouse using simulation method. In this study, we developed a mathematical model to compute the system performance solve this problem using simulation method. We demonstrate the system performance using AutoMod Simulator and verify the results to compare mathematical results of the system performance of warehouse system. A systematic approach proposed n this study for an optimal planning of order-picking warehouse is known as an effective method for planning of order-picking warehouse and a performance evaluation problem considering both picking and replenishment.

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An Application of Cluster Analysis to Midpoint Routing Policy in Order Batching Process

  • Hwang Hark;Kim Dong Guen
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2003.05a
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    • pp.716-720
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    • 2003
  • Order-picking process is one of the major operations in warehouses and distribution centers. In low-level picker-to-part system, picker usually combines orders (order batching) as much as possible so that the can pick a set of the combined orders at the same time. For midpoint routing policy, this paper develops an efficient order-batching algorithm based on cluster analysis. The algorithm is compared with a well known existing algorithm in terms of the total travel time and number of batches grouped. The test results show that the proposed heuristic performs better than the other.

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Accuracy improvement of a collaborative filtering recommender system using attribute of age (목표고객의 연령속성을 이용한 협력적 필터링 추천 시스템의 정확도 향상)

  • Lee, Seog-Hwan;Park, Seung-Hun
    • Journal of the Korea Safety Management & Science
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    • v.13 no.2
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    • pp.169-177
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    • 2011
  • In this paper, the author devised new decision recommendation ordering method of items attributed by age to improve accuracy of recommender system. In conventional recommendation system, recommendation order is decided by high order of preference prediction. However, in this paper, recommendation accuracy is improved by decision recommendation order method that reflect age attribute of target customer and neighborhood in preference prediction. By applying decision recommendation order method to recommender system, recommendation accuracy is improved more than conventional ordering method of recommendation.

Generalized Single Manufacturer and Multiple Retailers Supply Chain Model in JIT Purchasing (JIT구매를 고려한 단일 제조업자-다소매업자의 공급사슬에서 통합재고모형)

  • Kim, Dae-Hong
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.34 no.4
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    • pp.25-34
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    • 2011
  • In this paper, we investigate an inventory system where a single manufacturer purchases and processes raw materials in order to deliver finished goods to multiple retailers. Earlier study in this type of supply chain only consider a single raw material in order to produce finished goods, but we consider multi-raw materials in order to produce finished goods. Also, we develop an iterative solution procedure to find the order quantity for the finished goods and raw materials, and the number of shipments between manufacturer and retailers that minimizes the total cost per unit time of the raw materials ordering and holding, manufacture's setup and finished goods holding, the retailer's ordering and inventory holding. Numerical examples are presented to illustrate that jointly considering the total cost results in less total cost than that of considering them separately.

The Performance of Supply Chain Management in Textile Fashion Business

  • Shin, Sang-Moo
    • Journal of Fashion Business
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    • v.11 no.3
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    • pp.97-105
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    • 2007
  • The purpose of this study was to investigate SCM performance of textile fashion business in a competitive market environment. For the methodology of this study, the questionnaire was developed based upon the literature. 230 questionnaires were distributed to the experts who operate SCM in textile fashion firms. The returned usable 149 were analyzed by SPSS10.0 with multiple regression analysis and Cronbach's Alpha for internal consistency and reliability. The results of this study were as follows: The SCM performance of the textile fashion firms was affected by information system, business environment, and partnership in a descending order. Analyzing on the business environment, CEOs' concern about incorporating SCM and the degree of assistance from government and textile fashion federation impacted the performance of SCM in a descending order. For information system, standardized computerization, information sharing, and computerization with infrastructure on intra/inter business impacted the SCM performance of the firms in a descending order. For partnership, strategic alliance, openness about corporate culture, and credibility of partnership impacted the SCM performance of the firms in a descending order.

Framework and Core Competency of Integrated Design Management (IDM) (통합설계관리의 개념적 틀 및 역량강화 요소 - 건축과 플랜트를 중심으로 -)

  • Kim, Yesol;Jung, Youngsoo
    • Korean Journal of Construction Engineering and Management
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    • v.15 no.1
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    • pp.122-133
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    • 2014
  • Recent diversification of project delivery systems coupled with increasing mega-projects requires highly advanced construction management techniques. Among those techniques, procurement and design management are recognized as being the first priority for overseas construction projects. Nevertheless, previous research in design management has been limited to the quality management of the design documents at design stage. Therefore, it is necessary to explore the design management from a comprehensive perspective throughout the project life cycle. In this context, the purpose of this paper is to propose a conceptual framework for integrated design management (IDM). Several different concepts in relation to design management were investigated first in order to identify the major variables of the IDM framework. A comprehensive comparison of construction management methodologies was also analyzed in order to identify key factors of IDM. Finally, an IDM framework was proposed by combining those factors and relevant issues. Based on the proposed framework, a survey was conducted in order to validate the framework as well as to identity important areas for improving competitive capability of Korean construction companies.