• Title/Summary/Keyword: Production and Inventory Management

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Adjusting Patterns of Production Fluctuation and Trade Transmission Effect of Major Soybean Production Countries on World Market (주요 콩 생산국의 생산변동 조정유형과 무역전이효과 분석)

  • Im, Jeong-bin;An, Dong-hwan;Jang, Suk-Jin
    • Journal of agriculture & life science
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    • v.44 no.2
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    • pp.85-96
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    • 2010
  • In this paper, we tried to investigate the adjusting patterns of production fluctuation of major soybean production countries. In particular, we focus our attention on the trade transmission effect of major soybean production countries on world market. We found that the instability of world market for soybean is likely to be increased mainly due to the production fluctuation and trade transmission effect of major production countries, e.g. Brazil, Paraguay, and Canada. Most of the major production countries have adjusted the production fluctuation through consumption and trade rather than inventory management, and hence the instability of world market for soybean tends to be more instable. Therefore we need to develop the effective policy measures for making domestic soybean market more stable such as a plan for keeping domestic production, a valid inventory management strategy, a use of futures market, and a strategy to diversify import market as a large importing country.

The Modeling of Collaborative Demand Planning in Steel & Iron Industry (철강산업에서의 협업적 수요계획 시스템 모델링)

  • 이창화;박상민;남호기;박영기
    • Proceedings of the Safety Management and Science Conference
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    • 2003.11a
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    • pp.151-160
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    • 2003
  • The company was focusing on production which was partial mission rather than acquiring the information of customer in intensive process industry. The company accepted loss which is from over-production, losing of opportunity. After changing to Web environment, supply chain is more complicated and need of customer is more various. As a result the company hard works on controlling production rates, production quantities in production area and gathering exact information which is about available resource and available quantities. Cooperated demand planning have to get decreasing of inventory, improving of customer service in supply chain management. Specially demand planning that considers allocation of capacity is executed in Iron-Industry. Demand planning must be classified by customer, region and supply position level.

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- The Study on Improving the Customer Reliability through Demand Planning Using Collaboration System in SCM - (SCM 상에서 협업시스템을 애용한 수요계획 수립을 통한 고객 신뢰성 향상에 관한 연구)

  • Park Young Ki;Oh Sung Hwan;Kang Kyong Sik
    • Journal of the Korea Safety Management & Science
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    • v.6 no.3
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    • pp.131-140
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    • 2004
  • The company was focusing on production which was partial mission rather than acquiring the information of customer in intensive process industry. The company accepted loss which is from over-production, losing of opportunity. After changing to web environment, supply chain is more complicated and need of customer is more various. As a result the company hard works on controlling production rates, production quantities in production area and gathering exact information which is about available resource and available quantities. Cooperated demand planning have to get decreasing of inventory, improving of customer service in supply chain management. Specially demand planning that considers allocation of capacity is executed in Iron-Industry. Demand planning must be classified by customer, region and supply position level.

An Optimization Model for an Production-Distribution Planning with Consideration of a Transportation Time (운송시간을 고려한 생산-분배계획을 위한 최적화모델)

  • Lim, Seok-Jin;Jeong, Suk-Jae
    • Journal of the Korea Safety Management & Science
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    • v.10 no.1
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    • pp.139-144
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    • 2008
  • Recently, a multi-facility, multi-product and multi-period industrial production-distribution planning problem has been widely investigated in Supply Chain Management (SCM). One of the key issues in the current SCM research area involves reducing both production and distribution costs. We have developed an optimization model to tackle the above problems under the restricted conditions such as transportation time and a zero inventory. Computational experiments using commercial tool Ms-Excel Solver show that the real size problems we encountered can be solved in reasonable time. The model can be used to decide an appropriate production-distribution planning problem in SCM research area.

Integrated production planning in supply chain management environment considering manufacturing partners (SCM 환경에서의 협력 생산을 고려한 통합 생산 계획에 관한 연구)

  • Jeong Ho Sang;Jeong Bong Ju
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2002.05a
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    • pp.363-370
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    • 2002
  • This paper presents a production planning algorithm for minimizing the costs of production and subcontracting in SCM (supply chain management) environment. In our SCM environment, the several local plants that aye dispersed geographically produce parts and products. In this environment, we have to decide the production volumes of both parts and products considering the BOM (bill-of-material) structure to meet the fixed order quantity or forecasted demand quantity. Each plant produces the specified parts of product with finite production capacity. There exist subcontracting decisions relevant to the production capacity of each plant except the core process plant, and when we use the subcontractor's capacities we should be charged for the fixed subcontracting fees. The objective of this study is to solve the production planning problem, which minimizes the total costs of production, inventory, setup, and subcontracting under constraints of production and subcontracting capacity. For this problem, an integrated production planning model based on the multi-level capacitated lot sizing problem was formulated, and efficient decomposition algorithm was proposed. The experimental investigation shows that the proposed heuristic generates quite good solutions at very low computational costs.

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The Effectiveness of Life Cycle Assessment for Building Using Inventory Database "IDEA" in Japan

  • Yosuke TANAKA;Yoshiyuki SUZUKI;kensuke KOBAYASHI
    • International conference on construction engineering and project management
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    • 2024.07a
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    • pp.1137-1144
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    • 2024
  • Reducing the environmental impact in the construction industry is essential for a sustainable future, and life cycle assessment (LCA) should be effectively conducted to reduce the environmental impact. The construction industry is one of the fields that emits a large amount of Greenhouse Gas (GHG). It is also characterized by many material inputs and a one-off single production. Therefore, it took a lot of effort to evaluate all the input materials, and it was difficult to implement a detailed LCA. There is need to solve these problems and to establish a fair and reliable evaluation method. In order to solve this problem, it is proposed to establish a common rule for calculating environmental loads of buildings, such as carbon dioxide emissions. In addition, by effectively utilizing the Inventory Database for Environmental Analysis (IDEA) database, which is an inventory database developed in Japan. It can evaluate not only carbon dioxide but also various environmental substances, and analyze how the environmental impact is correlated with each building and its constituent materials. Furthermore, by analyzing the actual buildings of 83 projects, the differences in the tendency of building type and materiall was clarified. A database was constructed to help reduce the environmental impact during the early stages of construction project and for different types of buildings.

Decision-making Model of Supply Chain Inventory Management System (공급망 재고관리시스템의 의사결정모형)

  • Chen, Jinhui;Nam, Soo-tae;Jin, Chan-yong
    • Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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    • 2021.05a
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    • pp.157-158
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    • 2021
  • Big data in the supply chain mainly comes from four aspects. One is the relevant data inevitably generated in the process of product value transfer of enterprises in the supply chain, such as production equipment quality data, planned procurement data, product data, etc; On the other hand, it is derived from the ERP data of various companies in the supply chain; The third is e-commerce data from the customer, and the last is data from external or manually entered data. A third-party data service center analysis and mining the data to predict and control the inventory in the process of supply chain operation. It brings innovation and change of management technology and way of thinking to the whole supply chain in many aspects, and finally achieves the goal of coordinated inventory and zero inventory of the whole supply chain.

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A Batch Sizing Model at a Bottleneck Machine in Production Systems (생산라인의 병목공정에서 배치크기 결정 모형)

  • Koo, Pyung-Hoi;Koh, Shie-Gheun
    • Journal of Korean Institute of Industrial Engineers
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    • v.33 no.2
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    • pp.246-253
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    • 2007
  • All of the machines in a production line can be classified into bottleneck and non-bottleneck machines. A bottleneck is a resource whose capacity limits the throughput of the whole production facility. This paper addresses a batch sizing problem at the bottleneck machine. Traditionally, most batch sizing decisions have been made based on the EOQ (economic order quantity) model where setup and inventory costs are considered while throughput rate is assumed to be given. However, since batch size affects the capacity of the bottleneck machine, the throughput rate may not be constant. As the batch size increases, the frequency of the setup decreases. The saved setup time can be transferred to processing time, which results in higher throughput. But, the larger batch size may also result in longer lead time and larger WIP inventory level. This paper presents an alternative method to determine batch size at the bottleneck machine in a manufacturing line. A linear search algorithm is introduced to find optimal throughput rate and batch size at the same time. Numerical examples are provided to see how the proposed method works and to investigate the effects of some parameters.

A Case Study on the Method for Finding the Product Mix by the Use of LP Model (LP 모델에 의(依)한 Product Mix 실시사례(實施事例))

  • Lee, Sun-Yo
    • Journal of Korean Institute of Industrial Engineers
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    • v.1 no.1
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    • pp.41-56
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    • 1975
  • In the past the pattern of business down-trend usually appeared in the form of, first, decrease in facility investment, then decrease in inventory level, followed by reduced level of consumption. But the pattern nowadays is becoming just the opposite, that is, first, consumption decrease, then inventory level increase, followed by restriction of facility investment. Also in the past, the greater effort was placed in strengthening of hardware areas through optimization and modernization of production means on the premise of sales. But lately software areas take most of the main effort to establish production mean with sales as its objective. Under these circumstances one of the real problems facing production activities today is the conflicting relationship between sales and production functions. This occurs due to differences of their view points. Then, in order to achieve maximum profit at the least cost, which is the ultimate objective of a production activity, the need arises to effectively coordinate sales demand and plant production capacity. For this purpose strong control means and function must be devised. In our case study example we illustrate a management technique for a combined planning function, of optimal coordination of product mixes utilizing a computerized linear programming model as control means of attaining maximum profit. It is hoped that this example help achieve some of corporate objectives.

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Neutronic optimization of thorium-based fuel configurations for minimizing slightly used nuclear fuel and radiotoxicity in small modular reactors

  • Nur Anis Zulaikha Kamarudin;Aznan Fazli Ismail;Mohamad Hairie Rabir;Khoo Kok Siong
    • Nuclear Engineering and Technology
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    • v.56 no.7
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    • pp.2641-2649
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    • 2024
  • Effective management of slightly used nuclear fuel (SUNF) is crucial for both technical and public acceptance reasons. SUNF management, radiotoxicity risk, and associated financial investment and technological capabilities are major concerns in nuclear power production. Reducing the volume of SUNF can simplify its management, and one possible solution is utilizing small modular reactors (SMR) and advanced fuel designs like those with thorium. This research focuses on studying the neutronic performance and radionuclide inventory of three different thorium fuel configurations. The mass of fissile material in thorium-based fuel significantly impacts Kinf, burn-up, and neutron energy spectrum. Compared to uranium, thorium as a fuel produces far fewer transuranic elements and less long-lived fission products (LLFPs) at the end of the core cycle (EOC). However, certain fission product elements produced from thorium-based fuel exhibit higher radioactivity at the beginning of the core cycle (BOC). Physical separation of thorium and uranium in the fuel block, like seed-and-blanket units (SBU) and duplex fuel designs, generate less radioactive waste with lower radioactivity and longer cycle lengths than homogeneous or mixed thorium-uranium fuel. Furthermore, the SBU and duplex feel designs exhibit comparable neutron spectra, leading to negligible differences in SUNF production between the two.