• Title/Summary/Keyword: Practical Management

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An Optimization of the Ships Building Mix under Dock -Space and Resource Constraints (도크 공간 및 자원 제약하의 선박 건조 혼합의 최적화)

  • Kim Yeon-Min
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2004.10a
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    • pp.245-249
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    • 2004
  • This paper deals with two most important problems, from both practical and theoretical standpoints, arising when building the ships in docks. Such docks have become core components of modern ship construction. One problem is to minimize the number of building docks in the shipyard, while the other is to keep the usage rate of resources fed into dock as constant as possible. In this paper the combined problem is formulated as a single-integer programming model. The LP-relaxation of this model is solved by column-generation techniques. The results of an experimental evaluation show that the lower bounds are tight. Practical applications of this formulation are also discussed.

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A Study on the Assembly Line Design Tool with a Pre/Post Process (전후 처리 기능을 포함하는 조립라인 설계 방법론)

  • Moon, Byoung-Hoon;Choi, Seong-Hoon
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.37 no.4
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    • pp.98-105
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    • 2014
  • According to a simple survey on the current status of the assembly line design, it was found that trial and error methods on the basis of experiences have been used mainly in domestic manufacturing industries, even though there exist a lot of excellent line balancing studies. It seems that more practical researches should be carried out to develop user-oriented line balancing tools especially for small and medium-sized enterprises. This study presents a design of the line balancing tool which can support the line balancing tasks of nonspecialists. The proposed design tool is composed of three major modules: pre-process, line balancing, and post-process. In particular, pre-process and post-process are newly proposed to increase its ease of use. We applied the proposed design to a test problem and test result showed that our practical method may contribute to enhance the efficiency of production operations management.

Practical Reliability Growth Management for RAM Growth Monitoring (RAM 성장모니터링을 위한 실용적인 신뢰성 성장관리)

  • Jung Won
    • Proceedings of the KSR Conference
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    • 2005.11a
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    • pp.258-263
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    • 2005
  • The purpose of this research is to present a practical method for efficiently monitoring a reliability growth process using AMSAA(Army Materiel Systems Analysis Activity) reliability growth model. The presented method is viable for identifying failure modes, incorporating design changes and monitoring reliability progress on an on-going basis during the early stages of a product development program. According to the Application Guide for EN 50126(RAM part for Rolling Stock), reliability growth monitoring is essential part of the main tasks of design phase in RAM growth monitoring. Implementation of reliability growth management program will provide very useful information on concept selection, product/process reliability, and cost effectiveness without too much time, money and engineering effort being spent on the development of failure suspect parts.

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Pricing weather derivatives: An application to the electrical utility

  • Zou, Zhixia;Lee, Kwang-Bong
    • Journal of the Korean Data and Information Science Society
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    • v.23 no.2
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    • pp.365-374
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    • 2012
  • Weather derivatives designed to manage casual changes of weather, as opposed to catastrophic risks of weather, are relatively a new class of financial instruments. There are still many theoretical and practical challenges to the effective use of these instruments. The objective of this paper is to develop a pricing approach for valuing weather derivatives and presents a case study that is practical enough to be used by the risk managers of electrical utility firms. Utilizing daily average temperature data of Guangzhou, China from $1^{st}$ January 1978 to $31^{st}$ December 2010, this paper adopted a univariate time series model to describe weather behavior dynamics and calculates equilibrium prices for weather futures and options for an electrical utility firm in the region. The results imply that the risk premium is an important part of derivatives prices and the market price of risk affects option values much more than forward prices. It also demonstrates that weather innovation as well as weather risk management significantly affect the utility's financial outcomes.

Determining Critical Service Attributes and Appropriate Improvement Actions in Indonesian HEIs

  • Sukwadi, Ronald;Yang, Ching-Chow
    • Industrial Engineering and Management Systems
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    • v.11 no.3
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    • pp.241-254
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    • 2012
  • To gain competitive advantage in a fast changing environment, the higher education institution (HEI) must continuously adjust the strategies to that environment. One important strategy is how to determine appropriate practical actions based on what students really need and want. Despite the abundance of research on service quality management, there is no universal consensus on how best to determine appropriate practical actions in HEIs. The aim of this paper is to develop an integrated model to be used to accurately acquire the most critical service attributes and determine appropriate actions that promote student satisfaction. Drawing on relevant literature, an integrated model is proposed which is based on students' perspective by integrating the fuzzy SERVQUAL, refined Kano, and Blue Ocean model. Subsequently, an empirical case study in the higher education sector is described that illustrates the value of the model in determining the most critical attributes and how to improve them.

Ice Navigation Training 교육과정 개발

  • Lee, Dong-Seop
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2013.06a
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    • pp.225-226
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    • 2013
  • 우리나라는 2013년 5월 15일 "북극이사회"의 영구옵서버 자격을 취득하였으며, 2013년 후반기 국적선박을 북극해 항로에 투입 할 예정인 시점에서 한국해양수산연수원은 국내 Ice Navigator 교육시장 선점과 세계적 교육기관으로 도약을 하기 위하여 Ice Navigation Training교육과정을 개설준비 하고 있다. 이를 위하여 북극해 항해기술, 극지 안전훈련, 북극해 최신 동향, 러시아의 북극해 정책, 통과절차 및 외국선박의 운항사례분석 등을 통하고, Ice Navigation Training 교육과정(Familiarization(친숙화), Professional(상급), Practical(직무), Crew Management등)이 이미 개설되어 있는 Russia Admiral Makarov State Maritime Academy측 교수진의 연수원 파견 및 한국적 선박의 북극해항로(North Sea Route, NSR) 통과시 승선실습이 가능할 수 있도록 협조를 요청 할 예정이며, 교육인증을 위한 협력(Makarov Academy측으로부터 교육과정에 대한 인증)도 추진 중이다. 이에 준비한 교육개발을 소개하고자 한다.

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A Numerical Simulation of Marine Water Quality in Ulsan Bay using an Ecosystem Model (생태계모델을 이용한 울산만의 수질 시뮬레이션)

    • Journal of Korean Port Research
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    • v.12 no.2
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    • pp.313-322
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    • 1998
  • The distributions of chemical oxygen demand (COD) and suspended solid (SS) in Ulsan Bay were simulated and reproduced by a numerical ecosystem model for the practical application to the management of marine water quality and the prediction of water quality change due to coastal developments or the constructions of breakwater and marine facilities. Comparing the computed with the observed data of COD and SS in Ulsan bay the results of simulation were found to be good enough to satisfy the practical applications.

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A Study on Policy Execution Analysis of Industrial Safety Health Criteria (산업안전보건기준의 정책집행분석에 관한 연구)

  • 전운기;송수정;강경식
    • Journal of the Korea Safety Management & Science
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    • v.3 no.4
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    • pp.11-18
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    • 2001
  • We have endured a lot of social and economic loss due to the industrial calamities. A study for the government policies to reduce the loss in the field of industrial safety and health leaves much to be desired. The practical one on the government policies industrial safety and health policies, however, hasn't been accomplished as much expected. The purpose of this study is to suggest a research framework fir the execution process analysis, which is needed to find out the desirable or undesirable elements of industrial safety and health policies. The focus of the analysis lays on a policy problem of the industrial safety and health criteria. And based on this paper, it will proceed to the practical research for the industrial safety and health policies.

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Practical Application of DIRKS-Manual (DIRKS-Manual의 실용적 적용)

  • Kim, Ik-han
    • The Korean Journal of Archival Studies
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    • no.8
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    • pp.212-267
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    • 2003
  • Recently Australian records system is been attention in archival area. We can recognize there are two reasons in it. Because it suggested DIRKS that is a development methodology of electronic records management system and the other hands it introduced the concept of functional provenance which overcomes the previous organizational one. It has very special meaning in Korea that have high level on IT industry in the world. Korean records management system succeeded to a certain extent but still has limitation on the application of description standards or metadata standards. This paper is going to introduce DIRKS, is the one of development methodology of Australian system, and try to apply it practically. Therefore, it will be helpful to people can easily understand DIRKS and it will add more explanation for practical operation.

An exploratory study on knowledge management strategy in mass customization (대량맞춤환경에서 지식경영전략에 대한 탐색적 연구)

  • Cho, Sung-Eui;Lee, Won Jun;Kim, Jong uk
    • Knowledge Management Research
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    • v.8 no.1
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    • pp.1-14
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    • 2007
  • This paper is an exploratory study providing critical research issues in knowledge management strategy, process operations, and knowledge management system design and control in mass customization. The firms implementing mass customization provide good cases adopting recent changes in business environment including increased diversity and variability of customer needs, fast development of related technologies, and increase of the necessity of knowledge management. In this study, required knowledge management characteristics are investigated and future research issues are suggested for successful implementations of knowledge management. Research issues are extracted from the context of strategy, process, and information system for the purpose of practical adaptation and the types of mass customization are emphasized as a mediating element for fit and consistency between firms' corporate strategy and knowledge management characteristics.

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