• Title/Summary/Keyword: Periodic Order Quantity

Search Result 9, Processing Time 0.026 seconds

Impacts of Delivery Vehicle Routing on Different Inventory Strategies and Network Configurations (재고전략 및 네트워크 구성에 따른 배송차량의 운영특성 연구)

  • Won, Min-Su;Gang, Gyeong-U
    • Journal of Korean Society of Transportation
    • /
    • v.28 no.5
    • /
    • pp.91-106
    • /
    • 2010
  • Recently, interest in supply chain management is rising along with the increasing oil prices and traffic congestion. In particular, people started studying the issue, but realized that advantageous strategies for suppliers and retailers are not always advantageous to a carrier. Therefore, in this study the atuhors set up a simulation scenario to understand delivery vehicle routing problems under various inventory policies, namely Economic Order Quantity (EOQ) and Periodic Order Quantity (POQ) and network configurations. First, the authors made a virtual supply chain. Then they analyzed characteristics of delivery vehicle routing under various inventory policies (EOQ and POQ) and network configurations. As a result, the POQ inventory policy decreases the number of vehicles, the number of drivers, and the service time of vehicles. Also, the centralized network increases the load factor of vehicles and decreases the service time of vehicles. In other words, the centralized network and the POQ inventory policy are better for the carrier. These results show a savings of 15,556,806 won ($13,389.10) in a month: a reduction of 17%.

Optimal design of parallel noncontinuous units with feedstock/product storages (원료및 제품저장조를 포함하는 병렬 비연속 공정의 최적설계)

  • Yi, Gyeong-Beom
    • Journal of Institute of Control, Robotics and Systems
    • /
    • v.3 no.5
    • /
    • pp.532-541
    • /
    • 1997
  • This article derives an analytic solution to determine the optimal size of multiple noncontinuous process and storage units. The total cost to be minimized consists of the setup cost of noncontinuous processing units and the inventory holding cost of feedstock/product storages. A novel approach, which is called PSW(Periodic Square Wave) model, is applied to represent the material flow among non-continuous units and storages. PSW model presumes that the material flow between unit and storage is periodic square wave shaped. The resulting optimal unit size has similar characteristics with the classical economic lot sizing model such as EOQ(Economic Order Quantity) or EPQ(Economic Production Quantity) model in a sense that the unit size is determined as the balance between setup and inventory holding cost. However, the influence of inventory holding cost of PSW model is different from that of EOQ/EPQ model. EOQ/EPQ model includes only the product inventory holding cost but PSW model includes all inventory holding costs around the non-continuous unit with proportional contribution. PSW model is suitable for analyzing interlinked process-storage system. The optimal lot size of PSW model is smaller than that of EOQ/EPQ model. This is quitea remarkable result considering that the EOQ/EPQ model has been is widely used since last half century.

  • PDF

The Impact of Nonconforming Items on (s, S) Inventory Model with Customer Order Reservation and Cancellation

  • Takemoto, Yasuhiko;Arizono, Ikuo
    • Industrial Engineering and Management Systems
    • /
    • v.8 no.2
    • /
    • pp.72-79
    • /
    • 2009
  • The ultimate goal of inventory management is to decide the timing and the quantity of ordering in response to uncertain demands. Recently, some researchers have focused upon an impact of distortions in the information, e.g., customer order cancellation, on an economical inventory policy. The customer order cancellation is considered a kind of distortions in demands, because a demand that is eventually cancelled is equivalent to a phony demand. Also, there are some additional distortions in the inventory information. For instance, the procurement of suppliers may include some nonconforming items as a result of imperfect production and inspection by the suppliers, and/or damage in transit. The nonconforming item should be considered a kind of distortions in the inventory information, because the nonconforming item is equivalent to a phony stock. In this article, we consider an inventory model under the situation that customers can cancel their orders and the procurement of suppliers may include some nonconforming items. Then, we introduce the customer order reservation into the inventory model for the purpose of avoiding the costly backlogs, because the customer order reservation gives retailers a period to fulfill customer's requests. We formulate a periodic review (s, S) inventory model and investigate the economical operation under the situation mentioned above. Further, through the sensitivity analysis, we show the impact of these distortions and the effect of the customer order reservation on the inventory policy.

A Note on Periodic Replacement with Minimal Repair at Failure

  • Park, Young Taek
    • Journal of Korean Society for Quality Management
    • /
    • v.12 no.2
    • /
    • pp.2-5
    • /
    • 1984
  • Periodic replacement model with minimal repair at failure is extended to the case where quantity purchases are possible. A recursive relationship among replacement intervals is obtained, which shows that replacement intervals are an increasing sequence due to the inventory carrying cost. Using the relationship, a procedure is given for determining how many units to purchase on each order and when to replace each unit after it has begun operating so as to minimize the total cost per unit time over an infinite time span. The problem can be simplified if equal replacement intervals are assumed, and the solution is very close to the solution of the unconstrained problem.

  • PDF

The study of stochastic inventory model with setup cost and backorder rate (Setup cost와 Backorder rate를 고려한 확률적 재고모형에 관한 연구)

  • 유승우;서창현;김경섭
    • Proceedings of the Korea Society for Simulation Conference
    • /
    • 2003.06a
    • /
    • pp.129-134
    • /
    • 2003
  • In this paper, we determine optimal reduction in the lead time and setup cost for some stochastic inventory models. And we propose more general model that allow the backorder rate as a control variable. We first assume that the lead time demand follows a normal distribution. And we assume that the backorder rate is dependent on the length of lead time through the amount of shortages. The stochastic models analyzed in this paper are the classical continuous and periodic review policy models with a mixture of backorders and lost sales. For each of these models, we provide a sufficient conditions for the uniqueness of the optimal operating policy. We also develop algorithms for solving these models and provide illustrative numerical examples.

  • PDF

Optimal Design of Batch-Storage Network (회분식 공정-저장조 그물망 구조의 최적설계)

  • 이경범;이의수
    • Journal of Institute of Control, Robotics and Systems
    • /
    • v.4 no.6
    • /
    • pp.802-810
    • /
    • 1998
  • The purpose of this study is to find the analytic solution of determining the optimal capacity of processes and storages to meet the product demand. Recent trend to reduce product delivery time and to provide high quality product to customer requires the increasing capacity of storage facilities. However, the cost of constructing and operating storage facilities is becoming substantial because of increasing land value, environmental and safety concern. Therefore, reasonable decision making about the capacity of processes and storages is important subject for industries. The industrial solution for this subject is to use the classical economic lot sizing method, EOQ(Economic Order Quantity) model, trimmed with practical experience but the unrealistic assumption of EOQ model is not suitable for the chemical plant design with highly interlinked processes and storages. This study, a first systematic attempt for this subject, clearly overcomes the limitation of classical lot sizing method. The superstructure of the plant consists of the network of serially and/or parallelly interlinked processes and storages. A novel production and inventory analysis method, PSW(Periodic Square Wave) model, is applied. The objective function of optimization is minimizing the total cost composed of setup and inventory holding cost. The advantage of PSW model comes from the fact that the model provide a set of simple analytic solution in spite of realistic description of material flow between process and storage. The resulting simple analytic solution can greatly enhance the proper and quick investment decision for the preliminary plant design confronting diverse economic situation.

  • PDF

Optimal Design of Batch-Storage Network with Finite Intermediate Storage (저장조 용량제약이 있는 회분식 공정-저장조 그물망 구조의 최적설계)

  • Kim, Hyung-Min;Kim, Kyoo-Nyun;Lee, Gyeong-Beom
    • Journal of Institute of Control, Robotics and Systems
    • /
    • v.7 no.10
    • /
    • pp.867-873
    • /
    • 2001
  • The purpose of this study is to find analytic solution of determining the optimal capacity (lot-size) of multiproduct acyclic multistage production and inventory system to meet the finished product demand under the constraint of finite intermediate storage. Intermediate storage is a practical way to mitigate the material flow imbalance through the line of supply and demand chain. However, the cost of constructing and operating storage facilities is becoming substantial because of increasing land value, environmental and safety concern. Therefore, reasonable decision-making about the capacity of processes and storage units is an important subject for industries. The industrial solution for this subject is to use the classical economic lot sizing method, EOQ/EPQ(Economic Order Quantity/Economic Production Quantity) model, incorporated with practical experience. But EOQ/EPQ model is not suitable for the chemical plant design with highly interlinked processes and storage units because it is developed based on single product and single stage. This study overcomes the limitation of the classical lot sizing method. The superstructure of the plant consists of the network of serially and/or parallelly interlinked non-continuous processes and storage units. The processes transform a set of feedstock materials into another set of products with constant conversion factors. A novel production and inventory analysis method, PSW(Periodic Square Wave) model, is applied to describe the detail material flows among equipments. The objective function of this study is minimizing the total cost composed of setup and inventory holding cost. The advantage of PSW model comes from the fact that the model provides a set of simple analytic solutions in spite of realistic description of the material flows between processes and storage units. the resulting simple analytic solution can greatly enhance the proper and quick investment decision for the preliminary plant design problem confronted with economic situation.

  • PDF

Study of Trade Network among Agricultural Product and Export Attribute Effect using Social Network Analysis (사회망분석 모형을 이용한 국내 신선농산물 수출과 조직화 효과 분석)

  • Eun, Sang-Kyu;Kim, Soo-Jin;Bae, Seung-Jong
    • Journal of Korean Society of Rural Planning
    • /
    • v.22 no.3
    • /
    • pp.107-118
    • /
    • 2016
  • In order to ensure revenue of agricultural products which have encountered the dramatic decline of prices in distribution, the export of the domestic farm produce was started and it has been considered to play the significant role to make fundamentals for securing the stable revenue of farms and future of agricultural industries. The Korean government has endeavored to increase scale and volume of export and make the stable structure for export transaction by supporting government policies. Since the export of the agricultural products was influenced by multiple and uncertain factors such as the gap of GDP, distance, the difference of climatess between countries, in this study of agricultural exports, the attributes of export according to changed factors are derived by using RCA and gravity model. As the complexity of export environment has been increased compared to the past, it is necessary to analyze the attributes of agricultural exports. In this study, by using network theory, trade network of agricultural product, the periodic changes of relations, the changes of centrality and maxium flow are derived. Even though the trade quantity of existing agricultural fresh products are still small, the study derived the need to vertical integration for expanding agricultural product export by applying network theory.

Morphological Study on the Epithelial Cells in the Gall Blader of Vertebrates (각급 척추동물의 담낭 상피세포에 대한 형태학적 연구)

  • 노용태
    • The Korean Journal of Zoology
    • /
    • v.17 no.2
    • /
    • pp.57-68
    • /
    • 1974
  • These experiments were performed in order to study histologically and histochemically on the epithelial cells of gall bladder in Carassius carassius, Bufo bufo gargarizans, Natrix tigrina lateralis, Urloncha striata var. domesticus and Bos taurus var. domesticus. The results of the observation were as follows: 1. There were different cell types in the epithelium of gall bladder in each animal and it could not be supported histochemically that the epithelia cells of gall bladder were divided into two cell types of the rod-shaped and barrel-shaped ones. 2. The epithelium of gall bladder in Carassius carassius, Bufo bufo gargarizans, Natrix tigrina lateralis, Urloncha striata var. domesticus and Bos taurus var. domesticus was simple columnar epithelium. 3. The eosinophilities of cytoplasm in the epithelial cells of gall bladder were in uniform stronger in the upper portion of nucleus in Carassius carassius, Bufo bufo gargarizans and Natrix tigrina lateralis than its other portions, and in Urloncha striata var. domesticus and Lepus cuniculus var. domesticus existed uniformly in all portions, but there were many non-eosinophilic cells in Bufo bufo gargarizans and many cells that weakly eosinophilic around nucleus in Bos taurus var. domesticus. 4. The periodic acid Schiff's reactivities in the epithelial cells of gall bladder were different in each other and the epithelial cells in PAS reaction were divided into two cell types of the dark and light ones. There presented the light cells of 6.4%, 4.3% and 3.7% of epithelial cell of gall bladder in Carassius carassius, Bufo bufo gargarizans and Urloncha striata var. domesticus for each other, but were not presented in Natrix tigrina lateralis and Bos taurus var. domesticus. 5. The ninhydrin-Schiff-active proteins were much in the epithelial cells of gall bladder in Bos taurus var. domesticus, Carassius carassius, Urloncha striata var. domesticus and Natrix tigrina lateralis in order and were much in epithelial cells in the upper portion of mucosal folds in Carassius carassius, Urloncha striata var. domesticus and Natrix tigrina lateralis, and the ninhydrin-Schiff-active protein of the epithelium of gall bladder in Bufo bufo gargarizans was uniformly distributed. 6. The epithelial cells of gall bladder in Carassius carassius, Natrix tigrina lateralis, Urloncha striata var. domesticus and Bos taurus var. domesticus had no stain reactivity or weak stain reactivity to neutral fat and all epithelial cells in Bufo bufo gargarizans had strong stain reactivity, though they were different in quantity of epithelial cell portion. 7. The stain reactivities to RNA and DNA were stronger in the epithelial cells of the upper portion of mucosal fold than in those of other portions.

  • PDF