• Title/Summary/Keyword: Trade Safety

Search Result 420, Processing Time 0.027 seconds

Buyer's EOQ model for deteriorating products under conditions of permissible delay in payments and quantity discounts for freight cost

  • Shinn Seong-Whan;Song Chang-Yong
    • Proceedings of the Safety Management and Science Conference
    • /
    • 2002.05a
    • /
    • pp.237-241
    • /
    • 2002
  • This paper deals with the problem of determining the buyer's economic lot sizing policy for exponentially deteriorating products under trade credit. It is also assumed that the ordering cost consists of a fixed set-up cost and a freight cost, where the freight cost has a quantity discount offered due to the economies of scale. We formulate the mathematical model and the solution algorithm is developed based on the properties of an optimal solution.

  • PDF

Buyer's EOQ model for deteriorating products under order-size-dependent delay in payments

  • Shinn Seong-Whan;Song Chang-Yong
    • Proceedings of the Safety Management and Science Conference
    • /
    • 2002.05a
    • /
    • pp.243-247
    • /
    • 2002
  • This paper deals with the problem of determining the buyer's economic lot sizing policy for exponentially deteriorating products under trade credit. Assuming that the supplier's credit terms are already known and the length of delay is a function of the buyer's order size, we formulate the mathematical model and the solution algorithm is developed based on the properties of an optimal solution.

  • PDF

On the Standardization of Management System for Improving Reliability in Construction Industry (건설 분야 신뢰성 향상을 위한 경영표준 운영 방안)

  • Kim Jong-Gurl;Park Yong-Soo
    • Proceedings of the Safety Management and Science Conference
    • /
    • 2004.11a
    • /
    • pp.253-258
    • /
    • 2004
  • Domestic construction industry (including plant engineering industry) faces severe competition with world-wide leading companies under WTO (World Trade Organization) system. To survive in this competition, domestic construction company should establish and operate standardization system efficiently. In this paper, check list is presented to prepare the efficient reliability management system in domestic construction. And then, the check list is applied in MIR(Maturity Index on Reliability) estimation item to estimate reliability management level of company quantitatively.

  • PDF

The Modeling on Manufacturing Strategy of Competitive Environment (경쟁환경을 고려한 생산전략에 관한 모형)

  • 장현기;김창은
    • Journal of the Korea Safety Management & Science
    • /
    • v.5 no.4
    • /
    • pp.131-145
    • /
    • 2003
  • A strategic plan for an immediate situation must be present in a business enterprise to deal actively and efficiently with the demand environment of new customer. The purpose of this paper is to provide research about the manufacturing strategy situations of the Korean manufacturing company. And this paper is a part of Modeling on Manufacturing Strategy. We emphasizes the importance of dynamism and complexity on the competitive environment, and classify the manufacturing strategy by trade-off model, cumulative model, sandcone model, strategic fit model, and competitiveness model.

Korean Labelling Standard of Milk Products (우리나라 유가공식품의 표시기준)

  • Lee, Young-Hee;Namkung, Jong-Hwan;Jeong, Byung-Gon;Hwang, In-Jin;Lee, Hong-Seup
    • Journal of Dairy Science and Biotechnology
    • /
    • v.25 no.1
    • /
    • pp.37-45
    • /
    • 2007
  • Food labelling is the primary means of communication between the producer and purchaser and plays an important role in consumer's choice of food. Food labelling applying to livestock products, such as meat products (ham, sausage etc.), milk products(milk, fermented milk, butter and cheese etc.) and egg Products is regulated by 'Livestock Products Labelling Standard', National Veterinary Research & Quarantine Service (NVRQS) Notification. This study presents the principles of Korean milk products labelling provision and its recent revision to prevent consumer from misunderstanding and facilitate fair trade practices in market and also keep consistencies with international and relative national regulations. This study also suggests milk products labelling policy direction in the future.

  • PDF

A Study on Cost-Benefit Analysis for Value of Preventing a Statistical Fatality (개인생명가치추정을 통한 안전개선 비용효과 분석에 관한 연구)

  • Park Chan-Woo;Kim Sang-Am;Wang Jong-Bae;Hong Seong-Ho;Kwak Sang-Log
    • Proceedings of the KSR Conference
    • /
    • 2004.10a
    • /
    • pp.186-191
    • /
    • 2004
  • Whenever some new measure to promote safety is being considered, one major input into the decision making process is to be some formal assessment of the costs and benefits involved. What levels of safety do many stakeholders believe the railway should deliver? This paper is a contribution to the efforts to answer the question. In this study, under Willing-To-Pay(WTP) based value of preventing a fatality(VPF) approach, we will study how much people are willing to trade off safety against other desirable things, summarize accepted quantitative criteria for safety quantitative criteria for safety decision, describe differences between these criteria and some current risk control actions, and present an outline of work under way to address issues related to cost-benefit analysis(CBA).

  • PDF

Maritime Safety System in China

  • Lin, Yunai
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
    • /
    • 1997.10a
    • /
    • pp.35-41
    • /
    • 1997
  • China has integrated maritime safety system which positively and effectively ensures safe navigation and environmental protection. This paper gives brief account on maritime safety rules and regulations, adminstrations and management mechanism, navigation aids and facilities, maritime communication and GMDSS etc. China is a developing country with fast economical growth. With a long coastline of 18,000 kilometers, and 5,000 more islands, China has a fairly developed shipping industry. China also sits in IMO Council as A member. In China , there are over 200 ports with an annual hadnling capacity of over 10,000 tons of cargo ; there are over 4,000 coasters and ocean-going ships with more than 3 million seafarers of which 1/3 being officers ; there are an aggregate gross tonnage 17 million gt for merchant ships. China ranks No.5 shipping country in the world as shown by Lloyd's Maritime Information Services Ltd. 1995. The Chinese shipping industry plays an important role in both domestic transportation and foreign trade. The Chinese government always attaches great importance to maritime safety . Since 1949, and from the adoption of reform-opening policy, China has gradually formed an integrated maritime safety system.

  • PDF

An Analysis of the Effect of Logistics Efficiency on the Export of Korean Agricultural Products to New Southern Countries

  • Park, Hyun-Hee;Cho, Sung-Je
    • Journal of Korea Trade
    • /
    • v.25 no.1
    • /
    • pp.169-183
    • /
    • 2021
  • Purpose - This paper analyzes the effect of the agricultural export market for Korea's new southern countries in consideration of logistics efficiency. In order to expand Korean agricultural exports, the logistics performance index, national income, per capita income, consumer price index, distance and FTA are included. Through empirical analysis, the impact of logistics efficiency on Korean agricultural exports is derived and measures are proposed to expand exports in the future. Design/methodology - The analytical model of this study takes into account the import demand factors of the new southern countries for Korean agricultural exports. A research model was established based on prior research based on the gravity model, which is widely used in international trade effect analysis. In particular, logistics efficiency measures the effect on Korean agricultural exports using the logistics performance index and examines the effect by deriving factors for export expansion. Findings - The main findings of this study can be summarized as follows: The higher the logistics efficiency of the new southern countries in exporting Korean agricultural products, the more directly they have an effect on expanding exports. In addition, it was analyzed that the expansion of Korean agricultural exports has a positive effect on the other countries' national income, per capita income, consumer price index, population, and FTA. Based on these results, the importance of efficient logistics management in agricultural exports has been emphasized. Originality/value - There are not many studies on the export of agricultural products by logistics efficiency. However, prior studies that have adapted to manufacturing and other areas suggest that logistics efficiency has a direct effect on exports. This study suggests that Korean agricultural products are directly effective in exporting to new southern countries in terms of logistics efficiency. This can be an important time point in recognizing that logistics capabilities are important to ensure new books and the safety of agricultural products.