• Title/Summary/Keyword: Production and Inventory Management

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A Study on Determining Single-Center Scheduling for LTV(LifeTime Value) Using Heuristic Method (휴리스틱 방법을 활용한 고객 생애 가치에 대한 단일 업체 일정계획 수립에 관한 연구)

  • 양광모;강경식
    • Journal of the Korea Safety Management & Science
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    • v.5 no.1
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    • pp.83-92
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    • 2003
  • Scheduling plays an important role in shop floor planning. A scheduling shows the planned time when processing of a specific job will start on each machine that the job requires. It also indicates when the job will be completed on every process. Thus, it is a timetable for both jobs and machines. There is only one server available and arriving work require services from this server. Job are processed by the machine one at a time. The most common objective is to sequence jobs on the severs so as to minimize the penalty for being late, commonly called tardiness penalty. Based on other objectives, many criteria may serve as s basis for developing job schedules. The process also comprises all strategic planning, capital investments, management decisions, and tasks necessary to create a new product. manufacturing processes must be created so that the product can be produced in the product facility. Purchasing new equipment and training workers may be required if new technology is to be used. Tools, fixtures, and the sequence of steps in the manufacturing processes must all be developed to allow rapid, high-quality, cost effective production. Also, it may be needed to be rearrange the production facility to adapt to the new manufacturing processes. Therefore, this study tries to proposed that Scheduling by customer needs group for minimizing the problem and reducing inventory, product development time, cycle time, and order lead time.

A Study on Development of Main Producing Areas for Industrialization of complex and of fusion in Field

  • Young-Jun Park
    • Proceedings of the Korean Society of Crop Science Conference
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    • 2022.10a
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    • pp.331-331
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    • 2022
  • This research aims to developing new commercialization project of convergence agricultural industrial model. First, we established an inventory for the planning of convergence agricultural industrial model categorize the relevant factors identified, and then suggested three models which are the business profit model for convergence agriculture industrialization, the resource recycling complex and agricultural tourism model, and the smart agricultural model. Second, in order to investigate the feasibility of each industrial model, we investigated the willingness to participate in the project according to the pilot models such as related organizations and management agencies, and proposed the result of business feasibility analysis. Finally, we suggested the establishment of a demonstration complex through the systemization of element technologies at two models. The related systems and technologies was reviewed as a new commercialization plan through the modeling of convergence agricultural industrial types in main crop production complex presented, and set up mid- to long-term development direction. The results of this study can be applied to the design of convergence agricultural industrial model in main crop production complex.

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Optimization of the Distribution Plan and Multi-product Capacity using Genetic Algorithm (유전 알고리즘을 이용한 다 제품 생산용량 및 분배계획 최적화)

  • Cha, Youngcheol;Lee, Gapsoo;Lee, Jonghwan;Wie, Do-Yeong
    • Journal of Digital Convergence
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    • v.12 no.6
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    • pp.125-134
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    • 2014
  • Supply Chain Management(SCM) is getting important, because size of the company is getting bigger and the kinds of product are various. In the case of manufacturing corporation, for the optimization of SCM, we have to make production and distribution plan by considering the various fluctuation in the aspect of integration. In this paper, first, It proposed the reasonable operational way of the SCM about when the customer's demanding is various and demanding expectation fluctuates in capacity standardization of producer stage. Second, the paper proposed the management way for demanding by considering confirmed demanding information, related inventory expense and demanding shortage expense when we make production and distribution plan. The paper applied the genetic algorithm proved for current usefulness. it proposed the optimal operational way for SCM by dividing into 2 ways for dealing with the duration of confirmed demanding information and various fluctuation.

Hybrid Priority-based Genetic Algorithm for Multi-stage Reverse Logistics Network

  • Lee, Jeong-Eun;Gen, Mitsuo;Rhee, Kyong-Gu
    • Industrial Engineering and Management Systems
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    • v.8 no.1
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    • pp.14-21
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    • 2009
  • We formulate a mathematical model of remanufacturing system as multi-stage reverse Logistics Network Problem (mrLNP) with minimizing the total costs for reverse logistics shipping cost and inventory holding cost at disassembly centers and processing centers over finite planning horizons. For solving this problem, in the 1st and the 2nd stages, we propose a Genetic Algorithm (GA) with priority-based encoding method combined with a new crossover operator called as Weight Mapping Crossover (WMX). A heuristic approach is applied in the 3rd stage where parts are transported from some processing centers to one manufacturer. Computer simulations show the effectiveness and efficiency of our approach. In numerical experiments, the results of the proposed method are better than pnGA (Prufer number-based GA).

Intelligent Production Management System with the Enhanced PathTree (개선된 패스트리를 이용한 지능형 생산관리 시스템)

  • Kwon, Kyung-Lag;Ryu, Jae-Hwan;Sohn, Jong-Soo;Chung, In-Jeong
    • The KIPS Transactions:PartD
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    • v.16D no.4
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    • pp.621-630
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    • 2009
  • In recent years, there have been many attempts to connect the latest RFID (Radio Frequency Identification) technology with EIS (Enterprise Information System) and utilize them. However, in most cases the focus is only on the simultaneous multiple reading capability of the RFID technology neglecting the management of massive data created from the reader. As a result, it is difficult to obtain time-related information such as flow prediction and analysis in process control. In this paper, we suggest a new method called 'procedure tree', an enhanced and complementary version of PathTree which is one of RFID data mining techniques, to manage massive RFID data sets effectively and to perform a real-time process control efficiently. We will evaluate efficiency of the proposed system after applying real-time process management system connected with the RFID-based EIS. Through the suggested method, we are able to perform such tasks as prediction or tracking of process flow for real-time process control and inventory management efficiently which the existing RFID-based production system could not have done.

Optimal Electric Energy Subscription Policy for Multiple Plants with Uncertain Demand

  • Nilrangsee, Puvarin;Bohez, Erik L.J.
    • Industrial Engineering and Management Systems
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    • v.6 no.2
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    • pp.106-118
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    • 2007
  • This paper present a new optimization model to generate aggregate production planning by considering electric cost. The new Time Of Switching (TOS) electric type is introduced by switching over Time Of Day (TOD) and Time Of Use (TOU) electric types to minimize the electric cost. The fuzzy demand and Dynamic inventory tracking with multiple plant capacity are modeled to cover the uncertain demand of customer. The constraint for minimum hour limitation of plant running per one start up event is introduced to minimize plants idle time. Furthermore; the Optimal Weight Moving Average Factor for customer demand forecasting is introduced by monthly factors to reduce forecasting error. Application is illustrated for multiple cement mill plants. The mathematical model was formulated in spreadsheet format. Then the spreadsheet-solver technique was used as a tool to solve the model. A simulation running on part of the system in a test for six months shows the optimal solution could save 60% of the actual cost.

Control Theory and Managerial Accouting (통제이론(統制理論)과 관리회계(管理會計))

  • Byun, Yong-Hwan
    • Korean Business Review
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    • v.1
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    • pp.249-271
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    • 1987
  • Applicability of control theories to the efficient operation of accounting system is studied in this paper. Since managerial accounting has been developed along the progrees of control theory, management control theories are essential to explain important attributes of diverse accounting system. Basic concept of control is studied in depth and control systems are classified on the base of their special characteristics. And then the applicability of those control methods to accounting systems are discussed based on behavioral as well as management science approach. In the management science approach, accounting control models of production management, inventory management and R&D are designed with its unique quantitative characteristics. It, however, is very difficult to implement quantified control standards on the behavioral management side. Since most of variables considered on behavioral approach are non-quantitative, only discussion of the theoratical definition has been a main issue on previous studies. In this paper, practicability of the behavioral approach to the accounting control system is studied analyzing state variables and behavior variables of the control system. Theoratical base of the discussion are provided from control theories developed in organization theory and Economics. Basic objective of accounting control practice is to control qualitative human behavior represented by quantified figures while quantitative methods are prevailing over general accounting practice. Therefore, this paper tried to develope and integrate accounting control systems applicable to the behavioral management area as well as management science control side.

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A Study on development of WMS System for H Automobile Plant in China (자동차 공장의 WMS 구축에 관한 연구 -중국 H 자동차를 중심으로-)

  • Zhang, Jing-Lun;Lee, Doo-Yong;Jang, Jung-Hwan;Yoo, Sung-Hee;Lee, Chang-Ho
    • Journal of the Korea Safety Management & Science
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    • v.15 no.1
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    • pp.193-198
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    • 2013
  • Warehouse Management System was a helper of business in past, but it is perceived as a core competitive power and a tool for generating new business. It have been come out some new prospects for WMS due to generalization of global outsourcing and extension of the range of supply chain. In China, H automobile company construct the new WMS for providing the production extension and increment of part demand for A/S. This paper deals with the location management in warehouse, warehouse management, delivery management of goods from a warehouse, inventory management organizing WMS for construction of A/S warehouse in H motor in China. Then we identified the several problems of existing warehouse and constructed the driving organization and methods for overcoming these problems. We continually gather data for analysing the effects of new A/S warehouse and WMS construction.

Optimal Forest Management for Improving Economic and Public Functions in Mt.Gari Leading Forest Management Zone (가리산 선도산림경영단지의 경제적·공익적 기능 증진을 위한 산림관리 최적화 방안)

  • Kim, Dayoung;Han, Hee;Chung, Joosang
    • Journal of Korean Society of Forest Science
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    • v.110 no.4
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    • pp.665-677
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    • 2021
  • This study analyzed the optimization method of forest management to enhance economic and public functions, as well as the interrelationship among timber production, carbon storage, and water conservation functions in Mt.Gari leading forest management zone. For these purposes, a forest management planning model was developed using Multi-Objective Linear Programming. The model had an objective function to maximize the total NPV (Net Present Value) of weighted timber production, carbon storage, water conservation, and constraints to limit the rate of change in timber production, percentage of each age-class and tree species area, percentage of conifers and broad-leaved trees area in each management zone, minimum timber production and timber sales amount. Based on the description of forest inventory and the comprehensive plan of Mt.Gari, we analyzed stand information and management constraints of the study area. We compared management alternatives using different weights in the objective function. Therefore, the total NPV was maximized in the alternative considering the three functions in equal proportion, rather than the alternatives of maximizing only one function. When all three functions were considered simultaneously, timber production offset the carbon storage and water conservation, and carbon storage and water conservation interacted synergistically. However, when considering only two of the three functions, all combinations of functions demonstrated tradeoffs with one other. Therefore, we discovered that by considering all three functions equally, rather than only one or two functions, the economic and public values of the study area can be maximized.

A Study on Developing an Integrated Model of Facility Location Problems and Safety Stock Optimization Problems in Supply Chain Management (공급사슬관리에서 생산입지선정 문제와 안전재고 최적화 문제의 통합모형 개발에 관한 연구)

  • Cho Geon
    • Journal of the Korean Operations Research and Management Science Society
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    • v.31 no.1
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    • pp.91-103
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    • 2006
  • Given a bill of materials (BOM) tree T labeled by the breadth first search (BFS) order from node 0 to node n and a general network ${\Im}=(V,A)$, where V={1,2,...,m} is the set of production facilities and A is the set of arcs representing transportation links between any of two facilities, we assume that each node of T stands for not only a component. but also a production stage which is a possible stocking point and operates under a periodic review base-stock policy, We also assume that the random demand which can be achieved by a suitable service level only occurs at the root node 0 of T and has a normal distribution $N({\mu},{\sigma}^2)$. Then our integrated model of facility location problems and safety stock optimization problem (FLP&SSOP) is to identify both the facility locations at which partitioned subtrees of T are produced and the optimal assignment of safety stocks so that the sum of production cost, inventory holding cost, and transportation cost is minimized while meeting the pre-specified service level for the final product. In this paper, we first formulate (FLP&SSOP) as a nonlinear integer programming model and show that it can be reformulated as a 0-1 linear integer programming model with an exponential number of decision variables. We then show that the linear programming relaxation of the reformulated model has an integrality property which guarantees that it can be optimally solved by a column generation method.