• Title/Summary/Keyword: Product Supply

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Sensitivity Analysis of JLSP Inventory Model with Ordering Cost inclusive of a Freight Cost under Trade Credit in a Two-stage Supply Chain

  • Shinn, Seong-Whan
    • International Journal of Advanced Culture Technology
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    • v.8 no.3
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    • pp.300-306
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    • 2020
  • This study analyzes the distributor's inventory model in a two-stage supply chain consisting of the supplier, the distributor and the end customer. The supplier will allow a credit period before the distributor settles the account with him in order to stimulate the demand for the product he produces. It is also assumed that the distributor pays the shipping cost for the order and hence, the distributor's ordering cost consists of a fixed ordering cost and the shipping cost that depend on the order quantity. The availability of the delay in payments from the supplier enables discount of the distributor's selling price from a wider range of the price option in anticipation of increased customer's demand. As a result, the availability of a credit transaction leads to an increase in inventory levels. On the other hand, in the case of deteriorating products in which the utility of the product perish over time, the deterioration rate with time plays a role in reducing inventory levels. In this regard, we analyze the effect of the length of the credit period and the degree of product deterioration on the distributor's inventory level. For the analysis, we formulate the distributor's annual net profit and analyze the effect of the length of credit period and deterioration rate of the product on inventory policy numerically.

The Development of EPSM(Exciter Power Supply Module) Localization in Generator Exciter(EX2100) System (발전기 여자기시스템 주제어전원공급장치 국산화 개발)

  • Lee, Ki-Seon;Park, Jung-Cheul;Chu, Soon-Nam
    • The Transactions of the Korean Institute of Electrical Engineers P
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    • v.65 no.2
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    • pp.101-107
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    • 2016
  • The main target in this paper is the localization of VME Type EPSM in Generator Exciter(EX2100) System. Developed EPSM has the compatibility with the existing product in the structure and shape and electrical feature and so on, but it has a much improved capacity and reliability in comparison with origin company product. this paper, to improve these functions, put emphasis on protection, monitoring, power capacity increase(over 120%), an enlarged scale of input voltage supply, AC/DC dual voltage use and so on. After manufacturing product localization, it was carried out several tests for the performance and reliability verification of developed product. These tests were performed in Authorized Inspection Agency(KTL) and field application test and maker self-test were additionally performed. Finally, the results of all tests were "success".

Determination of Quality Cost Policy under Multiple Assignable Causes (다중이상원인하의 경제적 품질비용 정책결정)

  • 김계완;김용필;박지연;윤덕균
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.26 no.1
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    • pp.7-16
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    • 2003
  • At present, company has to produce a product that consumer like with a competitive price, a good quality, and a fitting time to supply. Process control and quality control are very important to supply with a product uniformly and inexpensively. Process control is given much weight in the quality control in manufacturing system. Statistical process controls(SPC) that are used in process generally have major impact on manufacturing, product design activities, and process development potentially. Control charts in statistical process control method can be interpreted the data from quality characteristics in production process and discriminated between chance variation and assignable variation in process. In addition, control chart can be used to monitor the process output and detect when changes in the inputs are required to bring the process back to an in-control state. The models that relate the influential inputs to process outputs help determine the nature and magnitude of the adjustments required. In this paper, the characteristic of product quality is monitored by control chart during the machining process and construction of quality control cycle is considered to divide into two types in this case that different assignable causes lead to shifts having different magnitudes. Then we are intended to find a process shift magnitude which has economical quality cost policy and are considered to quality cost functions to find a process shift magnitude. Those costs are categorized into the well-known categories of prevention, appraisal, and internal failure and external failure. This paper ends with numerical examples that demonstrate the usefulness of the model.

A Risk Management Framework for New Product Development: A Case Study

  • Kasemset, Chompoonoot;Wannagoat, Jaruwan;Wattanutchariya, Wassanai;Tippayawong, Korrakot Y.
    • Industrial Engineering and Management Systems
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    • v.13 no.2
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    • pp.203-209
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    • 2014
  • This research designed and implemented a supply chain risk management platform and applied it to a case study of reduced-fat Lanna pork sausage as a new product development project. The proposed framework has three stages: risk identification, risk assessment, and risk mitigation. Seventeen risk agents with 17 risk events were identified based on SWOT analysis and the Porter Five Forces concept through the process of planning, sourcing, making and delivering, partially captured from the supply chain operations reference model in the first stage. In the second stage, an house of risk (HOR) framework was applied to present the impacts of each risk agent. In the third stage, eight risk agents with high impact were selected to design 21 preventive actions. Finally, three preventive actions with the highest effectiveness to difficulty ratio scores-'sales evaluation of familiar products', 'increasing distribution channels and promotions to improve sales', and 'work flow improvement for work safety'-were then recommended for this new product development.

RFID Tag Ownership Transfer Protocol Using Lightweight Computing Operators (간단한 연산을 사용한 RFID 태그 소유권 이전 프로토콜)

  • Lee, Jae-Dong
    • Journal of Korea Multimedia Society
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    • v.16 no.12
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    • pp.1413-1426
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    • 2013
  • RFID thecnology has been widely adopted by industries for supply chain management. When a product item is manufactured RFID tag is attached to the product item and supply chain management among factories, distributors, retailers and customers needs to handle ownership transfer for the product item carefully. With RFID technology, the secure and efficient ownership transfer protocol is an important issue for the identification of product items and the overall system efficiency on supply chain. Many ownership transfer protocols have been proposed now. They have security problems and use complex operations such as encryption operation and hash function. Lo et al. proposed a protocol using lightweight operations such as shift, addition, XOR, and random number generation[1]. However, this protocol has a security problem in which the secret key between the tag and the new owner is disclosed to the attackers, and it is also weak against the Fraud attack[2]. In this paper, we propose a new ownership transfer protocol using lightweight operations such as shift, addition, and random number generation. This protocol is the modified version of Lo et al.'s protocol and is secure against the security attacks.

Development of a Concentration Prediction Model for Disinfection By-product according to Introduce the Advanced Water Treatment Process in Water Supply Network (고도정수처리에 따른 상수도 공급과정에서의 소독부산물 농도 예측모델 개발)

  • Seo, Jeewon;Kim, Kibum;Kim, Kibum;Koo, Jayong
    • Journal of Korean Society of Water and Wastewater
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    • v.31 no.5
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    • pp.421-430
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    • 2017
  • In this study, a model was developed to predict for Disinfection By-Products (DBPs) generated in water supply networks and consumer premises, before and after the introduction of advanced water purification facilities. Based on two-way ANOVA, which was carried out to statistically verify the water quality difference in the water supply network according to introduce the advanced water treatment process. The water quality before and after advanced water purification was shown to have a statistically significant difference. A multiple regression model was developed to predict the concentration of DBPs in consumer premises before and after the introduction of advanced water purification facilities. The prediction model developed for the concentration of DBPs accurately simulated the actual measurements, as its coefficients of correlation with the actual measurements were all 0.88 or higher. In addition, the prediction for the period not used in the model development to verify the developed model also showed coefficients of correlation with the actual measurements of 0.96 or higher. As the prediction model developed in this study has an advantage in that the variables that compose the model are relatively simple when compared with those of models developed in previous studies, it is considered highly usable for further study and field application. The methodology proposed in this study and the study findings can be used to meet the level of consumer requirement related to DBPs and to analyze and set the service level when establishing a master plan for development of water supply, and a water supply facility asset management plan.

Coordination Under Price Protection, Mid/End Life Returns, and Quantity Discount for a Three-Level Supply Chain (가격보호 정책, 반품 정책과 물량할인 정책을 사용한 3단계 공급사슬의 협력방안)

  • Lee, Chang-Hwan
    • Journal of the Korean Operations Research and Management Science Society
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    • v.30 no.3
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    • pp.17-39
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    • 2005
  • The coordination of a three-level supply chain consisting of a supplier, a retailer, and a discount outlet (DCO) is studied here. We assume that the product is sold in two consecutive periods a Normal Sales Period (NSP) and a subsequent Clearance Salvage Period (CSP). A benchmark case is studied Initially in which the supply chain is coordinated by a s1n91e agent. Thus, the supplier the retailer, and the discount outlet design a common system that allows centralized decision making about stocking quantities, markdown time schedules, and policies on disposing of leftovers to deliver the greatest possible expected supply chain profit. Next, we consider a decentralized supply chain. Here, decisions are made without coordination. The objective is to maximize an individual party's expected profits. The focus of the study is on the following questions: what factors make the coordination an effective approach for the supply chain? How do we coordinate the supply chain so as to maximize the supply chain Joint expected profit? These and other related study issues are explored in this paper.

Optimal Ordering Policy in Dual-Sourcing Supply Chain Considering Supply Disruptions and Demand Information

  • Watanabe, Naoki;Kusukawa, Etsuko
    • Industrial Engineering and Management Systems
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    • v.14 no.2
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    • pp.129-158
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    • 2015
  • It is necessary for retailers to determine the optimal ordering policy of products considering supply disruptions due to a natural disaster and a production process failure as quality and machine breakdowns. Under the situation, a dualsourcing supply chain (DSSC) is one of effective SC for retailers to order products reliably. This paper proposes the optimal ordering policy of a product in a DSSC with a retailer and two manufacturers. Two manufacturers may face supply disruptions due to a natural disater and a production process failure after they received the retailer's order of products. Here, two scenarios of demand information of products are assumed: (i) the demand distribution is known (ii) mean and variance of the demand are known. Under above situations, two types of DSSC are discussed. Under a decentralized DSSC (DSC), a retailer determines the optimal ordering policy to maximize his/her total expected profit. Under the integrated DSSC (ISC), the optimal ordering policy is determined to maximize the whole system's total expected profit. Numerical analysis investigates how demand information and supply disruptions affect the optimal decisions under DSC and ISC. Besides, profitability of supply chain coordination adjusting the wholesale price is evaluated to encourage the optimal decision under ISC.

A Product Quality Prediction Model Using Real-Time Process Monitoring in Manufacturing Supply Chain (실시간 공정 모니터링을 통한 제품 품질 예측 모델 개발)

  • Oh, YeongGwang;Park, Haeseung;Yoo, Arm;Kim, Namhun;Kim, Younghak;Kim, Dongchul;Choi, JinUk;Yoon, Sung Ho;Yang, HeeJong
    • Journal of Korean Institute of Industrial Engineers
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    • v.39 no.4
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    • pp.271-277
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    • 2013
  • In spite of the emphasis on quality control in auto-industry, most of subcontract enterprises still lack a systematic in-process quality monitoring system for predicting the product/part quality for their customers. While their manufacturing processes have been getting automated and computer-controlled ever, there still exist many uncertain parameters and the process controls still rely on empirical works by a few skilled operators and quality experts. In this paper, a real-time product quality monitoring system for auto-manufacturing industry is presented to provide the systematic method of predicting product qualities from real-time production data. The proposed framework consists of a product quality ontology model for complex manufacturing supply chain environments, and a real-time quality prediction tool using support vector machine algorithm that enables the quality monitoring system to classify the product quality patterns from the in-process production data. A door trim production example is illustrated to verify the proposed quality prediction model.

A Performance Measure for Supply Chain System using Reliability Theory (신뢰성 이론을 이용한 공급 사슬 시스템의 평가 척도에 관한 연구)

  • Cho Min Kwan;Lee Young Hae
    • Proceedings of the Society of Korea Industrial and System Engineering Conference
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    • 2002.05a
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    • pp.195-202
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    • 2002
  • The primary objective of Supply Chain Management (SCM) is to optimize the cash, material and information flow for satisfying customer demands through coordinating the relationship between Supply Chain components such as suppliers, manufacturers, and inventories, etc. By Supply Chain Planning (SCP), operation tasks or goals, should be done in specific due date, are ordered to each SC component for achieving such objective. However, the achievement for operation tasks or goals is affected by uncertainties in SC. In general, reliability theory Is explained as the probability that a product or system will perform its specified function under prescribed conditions without failure for a specified period of time. Therefore, the reliability of SC can be defined as the probability that SC will satisfy customer demands until the specific due date. In this paper, a basic framework to evaluate reliability is respectively proposed as supply chain components, and then a overall framework to estimate the reliability for SC is also proposed.

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