• Korean Management Science Review
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• v.13 no.1
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• pp.47-55
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• 1996

Rapid globalization of production and marketing functions makes choice of international transportation mode of great importance. In this paper, transportation mode is characterized by two factors, mean and variability of transportation lead time. We developed a simple mathematical model to estimate the relative impact of mean lead time, lead time variance and demand variance on the required average inventory level under specified service rates.

• Management Science and Financial Engineering
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• v.22 no.1
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• pp.1-4
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• 2016

We consider a two-tier supply chain with multiplicative random yield. We focus on the supply chain performance with respect to the control scheme of determining the production lot size. The profit loss due to distributed control is analyzed to give an insight for devising efficient supply contracts.

• Journal of Korean Institute of Industrial Engineers
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• v.2 no.1
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• pp.93-100
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• 1976

Given a fixed production process and facility capacity, the ability to respond to market fluctuations in terms of changes in production, work force, and inventory is the major task of production management. The costs involved are primarily payroll (regular and overtime), inventory carrying, and hiring and firing. The magnitude of these costs is usually a significant portion of the operating costs of the firm and consequently a small percentage saving due to astute aggregate scheduling can mean substantial absolute saving. At least three demonstrably optimal techniques have been developed for solving this aggregate scheduling problem. These three optimal are apparently LDR, PPP, and SDR. By combining these three different approaches, another optimal solution was obtained by me. I call this CDR (Combined Decision Rule). This approach appears to be useful. This approach may be generalizable to aggregate scheduling involving a short term resources.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.37 no.3
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• pp.129-138
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• 2014

This paper is to analyze the cycle time of the vendor in a single-vendor multi-buyers supply chain. The vendor is the manufacturer and the buyers are the retailers. The cycle time of the vendor is the elapse time from the beginning time of the production to the beginning time of the next production. The cycle time of the vendor that minimizes the total cost in a supply chain is analyzed. The cost factors are the production setup cost and the inventory holding cost of the vendor, the ordering cost and the inventory holding cost of the retailers. The cycle times of the vendor obtained with the costs of the vendor is compared with those obtained with the costs of the vendor and the retailers. Various numerical examples are tested if the cycle times of the vendor for both methods are the same.

• Journal of the Korean Operations Research and Management Science Society
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• v.4 no.1
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• pp.53-58
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• 1979

Production lot sizing problem for a system with exponentially decaying inventory is considered. From the exact cost function developed under conditions of constant demand and no shortages permitted, an approximate optimal solution is derived. The formula is compared with those of the exact solution obtained from numerical procedure and other existing approximate solution. Finally some notable properties of the formula are investigated and shown to be consistent.

• Journal of the Korean Society of Systems Engineering
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• v.17 no.2
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• pp.1-8
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• 2021

This study proposes a systems engineering approach for the development of an advanced planning & scheduling (APS) system for a cosmetic case manufacturing factory. The APS system makes production plans and schedules based on the injection process, which consists of 27 plastic injection machines in parallel to control recommended inventory of products. The system uses machine operation/failure information and defective product/work-in-process tracking information to support intelligent scheduling. Furthermore, a genetic algorithm model is applied to handle the complexity of heuristic rules and machine/quality constraints in this process. As a result of the development, the recommended inventory compliance rate is improved by scheduling the 30-day production plan for 15 main products.

• Journal of the Korean Operations Research and Management Science Society
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• v.18 no.1
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• pp.1-18
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• 1993

The family disaggregation model of hierarchical production planning (HPP) is the problem of (0 -1) mixed integer programming that minimizes the total sum of setup costs and inventory holding costs over the planning horizon. This problem is hard in a practical sense since optimal solution algorithms have failed to solve it within reasonable computation times. Thus effective familoy disaggregation algorithm should be developed for HPP. The family disaggregation algorithm developed in this paper consists of the first stage of finding initial solutions and the second stage of improving initial solutions. Some experimental results are given to verify the effectiveness of developed disaggregation algorithm.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.37 no.4
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• pp.116-125
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• 2014

In this paper, we investigate an inventory and production system in a three-layer supply chain system involving a single supplier, single manufacturer and multiple retailers. Earlier study in this type of supply chain only consider a single raw material in order to produce single item, but we consider raw materials in order to produce multiple items. It is assumed that the cycle time at each stage is an integer multiple of the adjacent downstream stage. We develop an iterative solution procedure to find the order quantity for the multiple items and raw materials that minimizes the supply chain-wide total cost per unit time of the supplier and manufacturer's raw materials ordering and holding, setup and finished items holding, the retailer's ordering and inventory holding. Numerical examples are presented to show that the proposed heuristic gives good performance.

• Journal of the Korea Safety Management & Science
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• v.4 no.4
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• pp.73-85
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• 2002

The supply chain not only includes the manufacturer and suppliers, but also transporters, warehouses, retailers, and customers themselves. Within each organization, such as manufacturer, the supply chain includes all functions involved in filling a customer request. these functions include, but are not limited to, new product development, marketing, operation, distribution, finance, and customer service. Lean Supply chain coordination improves if all supplier of chain take actions that together increase total supply chain profits. To design of Modularity by the grouping supplier, the proposed method is to develop the most appropriate production system models in the Supply Chain Management which is necessity of the times and its importance. The objects of this study is development of model and cost analysis to the modular production system in Lean SCM. Introduction of modular production system in Lean SCM is effective in reducing the cost in processing, manufacturing, inventory holding, ordering, etc.

• Convergence Security Journal
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• v.15 no.3_2
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• pp.71-76
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• 2015

Global companies are building global production network for the demand of the global market. However, the establishment and operation of overseas plants make the unexpected case like theft, low will to produce and salary issue of local workers. Thus in this paper, we propose the raw materials loss prevention model based on IP Camera and RFID Box for raw materials management of overseas plants. This model can prevent the theft or loss of raw materials write inventory up in real-time. This model can be allows us to realize the cost-effective production management because it enables remote inventory management. And this model can prevent brand image danage and profit loss due to reject product.