• Title/Summary/Keyword: Reduction of Inventory

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The Evaluation of the Validity of Equipment-replacing Alternatives in Consideration of the Differences of Cost Flow (비용 흐름의 차이를 고려한 교체 설비 대안에 대한 타당성 평가)

  • 김성집;박흥석
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.17 no.31
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    • pp.99-114
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    • 1994
  • The introduction of new equipments to strengthen the competitiveness of enterprises is one of pretty important factors. Enterprises introducing new equipments strengthen competitiveness through productivity increasing, high quality maintenance, inventory reduction, improved design and production interface, simple scheduling process, low scrap rate, rework reduction, etc. Managers will work out the best equipment-replacing strategy through the appropriate combination of potential cost attributes and qualitative attributes difficult to quantify in accordance with the business purpose. This study is to present a method to select an equipment-replacing alternative through the decision-making model of Analytic Hierarchy Process in consideration of the differences of cost flow of the alternatives, taking into consideration tangible attributes and strategic intangible attributes.

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Supply Chain Management of Textile Fashion Industry (섬유(纖維)패션산업(産業)의 공급(供給)사슬관리(管理))

  • Shin, Sang-Soo
    • Journal of Fashion Business
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    • v.11 no.4
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    • pp.221-231
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    • 2007
  • SCM system is required inter-industrial cooperation as well as inter-organizational cooperation. It means not only standardization of inter-organization but also standardization of inter-industry. SCM makes possible one circulation from fiber to retail industry in the respects of information and product flows. QR is the SCM of textile apparel industry, which satisfy customer need with least cost and maximum profit. Customer-oriented supply chain system focused on information sharing, cost reduction, inventory control, lead time reduction, quick response on customer demand. How we can measure the performance of successful SCM is issued on the approach of Balanced Scorecard which evaluates 4 perspectives such as customer perspective, internal business perspective, financial perspective, and innovation and learning perspective. This can project the blueprint of textile fashion business to right direction with vision.

Carbon Reduction Investments under Direct Shipment Strategy

  • Min, Daiki
    • Management Science and Financial Engineering
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    • v.21 no.1
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    • pp.25-29
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    • 2015
  • Recently much research efforts have focused on how to manage carbon emissions in logistics operations. This paper formulates a model to determine an optimal shipment size with aims to minimize the total cost consisting not only of inventory and transportation costs but also cost for carbon emissions. Unlike the literature assuming carbon emission factors as a given condition, we consider the emission factors as decision variables. It is allowed to make an investment in improving carbon emission factors. The optimal investment decision is shown to be of a threshold type with respect to unit investment costs. Moreover, the findings in this work provide insights on the various elements of the investment decision and their impacts.

Design Approach of Concrete Structures Considering the Targeted CO2 Reduction (목표 탄소배출량 저감을 고려한 콘크리트 구조물의 설계 절차)

  • Jung, Yeon-Back;Yang, Keun-Hyeok
    • Journal of the Korean Recycled Construction Resources Institute
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    • v.3 no.2
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    • pp.115-121
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    • 2015
  • The objective of this study is to present the design approach of low $CO_2$ concrete structures for reduction of $CO_2$ emissions. The design approach was implemented considering the system boundary for each processing presented in the ISO 13315-2. As for life-cycle inventory(LCI) for $CO_2$ assessment of concrete structures, data provided from domestic LCI DB was used. Based on the process presented in this study, case studies on the life-cycle $CO_2$ assessment of shear wall concrete structure was conducted. As substitution level of GGBS is 25%, the amount of $CO_2$ emissions and $CO_2$ uptake by concrete carbonation was decreased in the material, demolition and crushing, and transport phase. The amount of $CO_2$ emissions of column and total member was decreased by 26% and 22% respectively, compared to that of OPC.

Sensitivity analysis of RPLS inventory model with price dependent demand linearly under order-size-dependent delay in payments in a two-stage supply chain (주문량에 따라 종속적으로 외상거래기간이 허용되는 상황 하에 선형수요함수를 고려한 RPLS 재고모형의 퇴화율에 따른 민감도분석)

  • Shinn, Seong-Whan
    • The Journal of the Convergence on Culture Technology
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    • v.8 no.5
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    • pp.577-582
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    • 2022
  • Credit transactions are used as a means of price discrimination from competitors in order for suppliers to increase customer demand. In particular, in the case of a two-stage supply chain consisting of a supplier, a retailer, and a customer, the deferral of payment for goods allowed by the supplier is a means of reducing the inventory investment cost of the retailer. Retailers have the opportunity to discount the selling price while anticipating an increase in end-customer demand through the reduction of the inventory investment cost. In view of the fact that such trade credit is provided for the purpose of increasing demand as a means of discrimination from competitors, it may be more general that the credit transaction period is allowed flexibly according to the transaction volume. In particular, in the case of deteriorating products, the credit transaction period given according to the order volume is a factor that increases the order volume of the retailer, but product deterioration can be a limiting factor in the increase in the order volume. The deterioration rate actually plays an important role in determining the inventory policy of the retailer. Therefore, in this paper, the effect of such deterioration rate on the inventory policy of retailer is analyzed.

Impacts of Delivery Vehicle Routing on Different Inventory Strategies and Network Configurations (재고전략 및 네트워크 구성에 따른 배송차량의 운영특성 연구)

  • Won, Min-Su;Gang, Gyeong-U
    • Journal of Korean Society of Transportation
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    • v.28 no.5
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    • pp.91-106
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    • 2010
  • Recently, interest in supply chain management is rising along with the increasing oil prices and traffic congestion. In particular, people started studying the issue, but realized that advantageous strategies for suppliers and retailers are not always advantageous to a carrier. Therefore, in this study the atuhors set up a simulation scenario to understand delivery vehicle routing problems under various inventory policies, namely Economic Order Quantity (EOQ) and Periodic Order Quantity (POQ) and network configurations. First, the authors made a virtual supply chain. Then they analyzed characteristics of delivery vehicle routing under various inventory policies (EOQ and POQ) and network configurations. As a result, the POQ inventory policy decreases the number of vehicles, the number of drivers, and the service time of vehicles. Also, the centralized network increases the load factor of vehicles and decreases the service time of vehicles. In other words, the centralized network and the POQ inventory policy are better for the carrier. These results show a savings of 15,556,806 won ($13,389.10) in a month: a reduction of 17%.

A Study On D-Shortage Control Hyper System Using MRP and JIT (MRP와 JIT를 융합한 D-결품관리 시스템에 관한 연구)

  • 조동수;이근희
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.15 no.25
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    • pp.63-74
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    • 1992
  • This study proposes D- shortage control system which is a convenient tool for cooperative companies to reduce shortages which frequently break out between the manufacturing companies and the cooperative companies. On the ground of theoretical analysis of MRP and JIT system, D- shortage control system sets up a schedule that secures the delivery date by precedent scheduling( D-) comparing with MRP It also syncronizes business, production and release, and builds the pull system comparing with JIT. The factors causing shotages are the scheduling absurdity and the controlling absurdity. The scheduling absurdity can be settled by the calculating required quantity method of MRP and the controlling absurdity can be settled by daily control of business, production and pruchasing fuctions by the pull system of JIT. And the inventory and the WIP can be reduced by the operating of PULL system and by the settlement of D- shortage control practices. The Application of D- shortage control system, therefore, enables the rationalization of logistics and reduces the inventory And it leads to the reinforced competitiveness and the security of subsistence of manufacturer by the cost ruduction, the reduction of financial difficulty, and the insurance of the delivery date.

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Prediction of Concentrations and Congener Patterns of Polychlorinated Biphenyls in Korea Using Historical Emission Data and a Multimedia Environmental Model (장기 배출량 자료와 다매체 환경모델을 이용한 국내 대기 중 PCB 농도 및 패턴 예측)

  • Choi, Sung-Deuk
    • Journal of Korean Society for Atmospheric Environment
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    • v.24 no.2
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    • pp.249-258
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    • 2008
  • Historical emission data for 11 polychlorinated biphenyls (PCBs) and a regional multimedia environmental model, CoZMo-POP 2, were used to predict air concentrations and congener patterns in Korea. The total emission value for South Korea was allocated to sub-provinces and cities based on their population. The spatial distribution of PCB emissions was generally correlated with that of measured atmospheric levels, suggesting that population could be a good surrogate for the intensity of PCB emission in Korea. The simulated time trends of air concentrations well reflected those of emission with a peak in the mid-1970s and insignificant levels in the 2030s. The model predicted that the contribution of volatile PCBs had increased after emission reduction iii the 1970s. This trend would continue until the early 2030s. The measured and modeled PCB levels in the 2000s were in an agreement of an order of magnitude, and their congener patterns were very similar. Consequently, despite of high uncertainty for emission estimates, the emission data for Korea used in this study is considered to be reliable. The results of this study could be compared with simulation data based on a new emission inventory to be developed by measurements in the near future.

Development and Validation of the Cancer-Specific Posttraumatic Growth Inventory (암환자 특이형 외상후 성장 측정도구 개발 및 타당화)

  • Jung, Young-Mi;Park, Jin-Hee
    • Journal of Korean Academy of Nursing
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    • v.47 no.3
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    • pp.319-331
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    • 2017
  • Purpose: The purpose of this study was to develop a scale to evaluate posttraumatic growth in patients with cancer and to examine the validity and reliability of the scale. Methods: A literature review, semi-structured patient interviews and an expert panel consultation produced a 27 preliminary item questionnaire. Participants were 150 cancer patients recruited to test the reliability and validity of the preliminary scale. Data were analyzed using item analysis, exploratory factor analysis, convergent validity and internal consistency. Results: Item reduction and exploratory factor analysis led to 23 items, grouped into five subscales which were labelled new possibilities (6 items), coping skills (5 items), preciousness of life (5 items), relating to others (4 items), and personal strength (3 items). Convergent validity was evaluated by total correlation with the Functional Assessment of Cancer Therapy-General (r=.45, p<.001). The final scale demonstrated satisfactory internal consistency (Cronbach's ${\alpha}$ =.94). Conclusion: Findings from this study indicate that the Cancer-Specific Posttraumatic Growth Inventory has validity and reliability and is considered to be appropriate for assessing posttraumatic growth in patients with cancer.

The Effect of Microcurrent Stimulation on Pain and Quality of Life in Women with Primary Dysmenorrhea

  • Minkyoung Kwon;Wonjae Choi
    • Physical Therapy Rehabilitation Science
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    • v.12 no.3
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    • pp.293-299
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    • 2023
  • Objective: This study aimed to investigate the potential benefits of microcurrent stimulation as a non-invasive therapeutic approach for managing pain and improving the quality of life in women suffering from primary dysmenorrhea. Design: A case study. Methods: This study was conducted, involving a cohort of 6 women diagnosed with primary dysmenorrhea, aged between 20 to 30 years. Participants were received microcurrent stimulation using low-intensity microcurrents for 30 minutes every day for 4 weeks. The intensity of microcurrent stimulation was 25 μA and the frequency was 8 Hz. The intervention was administered between the menstruations, with pain intensity and quality of life being assessed at baseline, and then at the end of menstrual cycle. Pain intensity was evaluated using a visual analog scale (VAS) and menstrual symptom questionnaire (MSQ), while the quality of life was assessed through the stress response inventory (SRI), state trait anxiety inventory (STAI), center for epidemiologic studies depression (CES-D), and menstrual distress questionnaire (MEDI-Q). Results: After the intervention, participants demonstrated a statistically significant reduction in pain intensity, as evidenced by improved VAS scores (p<0.05). However, the changes in MSQ scores did not reach statistical significance. Regarding quality of life measures, no statistically significant differences were found in the SRI, STAI, CES-D, and MEDI-Q scores after the intervention (p>0.05). Conclusions: This study suggest that microcurrent stimulation holds promise as a potential treatment option for alleviating pain associated with primary dysmenorrhea.