• Title/Summary/Keyword: Stock Application

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A Study on the (Q, r) Inventory Model under the Lead Time Uncertainty and its Application to the Multi-level Distribution System (주문 인도기간이 불확실한 상황에서의 (Q, r) 재고 부형과 다단계 분배 시스템의 응용에 관한 연구)

  • 강석호;박광태
    • Journal of the Korean Operations Research and Management Science Society
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    • v.11 no.1
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    • pp.44-50
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    • 1986
  • In this paper, we find optimal policy for the (Q, r) inventory model under the lead time uncertainty. The (Q, r) inventory model is such that the fixed order quantity Q is placed whenever the level of on hand stock reaches the reorder point r. We first develop the single level inventory model as the basis for the analysis multi-level distribution systems. The functional problem is to determine when and how much to order in order to minimize the expected total cost per unit time, which includes the set up, inventory holding and inventory shortage cost. The model, then, is extended to the multi-level distribution system consisting of the factory, warehouses and retailers. In this case, we also find an optimal policy which minimizes the total cost of the contralized multi-level distribution system.

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Electrical and Optical Characteristics of PLZT Thin Films in AFE region (AFE 영역 PLZT 박막의 전기 및 광학 특성)

  • 류완균;최형욱;장낙원;강종윤;백동수;박창엽
    • Proceedings of the Korean Institute of Electrical and Electronic Material Engineers Conference
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    • 1995.11a
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    • pp.1.1-4
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    • 1995
  • In this study, PLZT thin films in AFE region prepared by sol-gel processing were investigated. And PLZT stock solutions were spin-coated on ITO-glass. The PLZT thin films were annealed by RTA. Hysteresis curves, dielectric characteristics and optical transmittances were measured in order to investigates the characteristics far the thin films. The PLZT thin films were crystallized at 750$^{\circ}C$ for 5 mimutes by RTA and the rosette structure composed of perovskite observed in the thin films. In case La content was 2/90/10 antiferroelectric-ferroelectric phase boundary was 2/90/10 PLZT thin film, and its hysteresis curve was good for application of optical information storage.

Application of Dynamic Simulation for Efficient Filler-Loading in Papermaking System (제지 공정의 효율적인 충전제 투입에 대한 동적 시뮬레이션 적용)

  • 함충현;윤혜정
    • Journal of Korea Technical Association of The Pulp and Paper Industry
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    • v.35 no.3
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    • pp.1-12
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    • 2003
  • The complexity of the papermaking system accelerates interactions between a large number of variables involved. The process operation, therefore, is subject to frequent perturbations by disturbance. Dynamic modelling is a useful tool for characterizing the transient behavior and selecting the best control strategies to reject disturbances. In this study we developed a dynamic simulation model of a fine paper production process, which consists of stock preparation, wire sections, white water circulations, and broke system. It focused on dynamic simulation in its role for developing control strategies and studying control loop dynamics related to filler loading for ash control. The results emphasized the importance of filler-loading position and length of control loop for rapid ash control and process stabilization.

Application of FEM to the Forming Process of Disk-Brake Piston (유한요소법을 이용한 disk-brake piston의 공정설계)

  • 황병복;이호용
    • Transactions of Materials Processing
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    • v.3 no.2
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    • pp.178-188
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    • 1994
  • A design methodology is applied for manufacturing a disk-brake piston component. The design criteria are the limit drawing ratio and the forging load within the available press limit. Also, the final product should not have any geometrical defect. The rigid-plastic FEM has been applied to simulate the conventional four stage manufacturing processes, which include deep drawing and forging process. Simulation of one stage process from a selected stock to the final product shape is performed for generating information on additional requirements for metal flow. Two stage forming processes with different punch corner and nose geometries are also simulated to identify the possible best solutions. Finally, the best manufacturing process is selected, which is using a hemispherical punch int he deep drawing process.

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Application of ERP and MES in Case of Automobile Manufacturing Company (자동차부품 제조업체의 ERP 및 MES의 적용에 관한 사례 연구)

  • Kim, Ki-Dong;Choi, Jang-Ho;Kim, Dae-Young
    • Journal of Industrial Technology
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    • v.22 no.B
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    • pp.51-60
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    • 2002
  • Currently, many companies are trying to be more competitive by implementing the most appropriate software package called ERP (Enterprise Resource Planning). ERP can support the company's business process. A manufacturing execution system (MES) is an industrial software system, as well as a manufacturing management function in make-to-order and make-to-stock manufacturing environments. This paper presents an architecture of MES. This study develops MES to identify the functional requirements of loading & scheduling in the automobile industry. This study shows the effectiveness of the proposed MES, how to develop MES and interface with ERP package.

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Development and Application of Risk Recovery Index using Machine Learning Algorithms (기계학습알고리즘을 이용한 위험회복지수의 개발과 활용)

  • Kim, Sun Woong
    • Journal of Information Technology Applications and Management
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    • v.23 no.4
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    • pp.25-39
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    • 2016
  • Asset prices decline sharply and stock markets collapse when financial crisis happens. Recently we have encountered more frequent financial crises than ever. 1998 currency crisis and 2008 global financial crisis triggered academic researches on early warning systems that aim to detect the symptom of financial crisis in advance. This study proposes a risk recovery index for detection of good opportunities from financial market instability. We use SVM classifier algorithms to separate recovery period from unstable financial market data. Input variables are KOSPI index and V-KOSPI200 index. Our SVM algorithms show highly accurate forecasting results on testing data as well as training data. Risk recovery index is derived from our SVM-trained outputs. We develop a trading system that utilizes the suggested risk recovery index. The trading result records very high profit, that is, its annual return runs to 121%.

Multivariate GARCH and Its Application to Bivariate Time Series

  • Choi, M.S.;Park, J.A.;Hwang, S.Y.
    • Journal of the Korean Data and Information Science Society
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    • v.18 no.4
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    • pp.915-925
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    • 2007
  • Multivariate GARCH has been useful to model dynamic relationships between volatilities arising from each component series of multivariate time series. Methodologies including EWMA(Exponentially weighted moving-average model), DVEC(Diagonal VEC model), BEKK and CCC(Constant conditional correlation model) models are comparatively reviewed for bivariate time series. In addition, these models are applied to evaluate VaR(Value at Risk) and to construct joint prediction region. To illustrate, bivariate stock prices data consisting of Samsung Electronics and LG Electronics are analysed.

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Variability in mechanical properties and microstructure characterization of CuAlBe shape memory alloys for vibration mitigation

  • Casciati, Fabio;van der Eijk, Casper
    • Smart Structures and Systems
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    • v.4 no.2
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    • pp.103-121
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    • 2008
  • Shape memory alloys (SMA) have been emphasized, studied and understood in the controlled world of the laboratory. Any attempt to implement one of these alloys in engineered products requires a jump from the controlled world of the laboratory to the actual environment of the application. The first step is to move from single grain specimens to multigrain samples. One works with a material for which any stock is different from that previously available. This paper reviews the milestones in the familiarization process the authors had to overcome during their cooperation within a project funded by the European Union. The main items cover transformation temperatures, thermal treatment and properties understanding.

The Effect of Base Oil Composition on Electronic Insulating Oil's Performances (윤활기유의 조성이 전기절연유의 성능 및 특성에 미치는 영향)

  • 문우식;전정식
    • Proceedings of the Korean Society of Tribologists and Lubrication Engineers Conference
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    • 1998.10a
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    • pp.181-189
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    • 1998
  • In order to investigate the effect of base oil composition on the electronic insulating oil's performances, an experimental study has been conducted using different oils. Owing to their properties, like lower pour point and gas absorbing, naphthenic base oils are used more often than paraffmic base oils for the electronic insulating oil application. Naphthenic and paraffinic base oils are significantly different in their aromatic hydrocarbon content. In this paper, PXE(para xylyl ethane), LAB(linear alkylbenzene), C13 aromatic hydrocarbon mixture and C17 aromatic hydrocarbon mixture are investigated regarding their influence on insulating oil's performances. According to present study, breakdown voltage decreased with increasing aromatic lydrocarbon content in a deep dewaxed paraffmic base oil. However, any changing in the dissipation factor was not recognizable at small treated level. Furthermore, the volume resistance was not influenced by aromatic hydrocarbon content. The gassing tendency was found as a highly sensible property, changing with treating aromatic hydrocarbons. The higher benzene ring content in the hydrocarbon, the better gassing tendency.

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A study on automated process for surface finishing of die and mould using ultrasonic vibration (초음파 진동을 이용한 금형사상의 자동화 공정 연구)

  • Pyoug Y. S.;Kwon H. H.;Azuma N.
    • Proceedings of the Korean Society for Technology of Plasticity Conference
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    • 2002.11a
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    • pp.79-87
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    • 2002
  • An attempt to automate the surface finishing process of the die and mould has been carried out. An UMB(Ultrasonic Micro Burnishing) equipment which brought the micro plastic cold deformation to the 3D sculptured surface of mold and dies by ultrasonic vibration and static load, was developed and installed at the head stock of a vertical machining center. To be satisfied with the required surface roughness and hardness, the DB based program was also developed and applied. This equipment composes of UMB equipement, CNC vertical machining center, CAD/CAM system and the DB based program fer optimal condition. UMB processing effect was obtained from initial value Ral.25 and Hk337 to Ra0.085 and Hk521 and similar result was shown in industrial mould application.

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