• Title/Summary/Keyword: chain component

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Foreign Exchange Risk Control in the Context of Supply Chain Management

  • Park, Koo-Woong
    • Journal of Distribution Science
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    • v.13 no.2
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    • pp.15-24
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    • 2015
  • Purpose - Foreign exchange risk control is in an important component in the international supply chain management. This study shows the importance of the reference period in forecasting future exchange rates with a specific illustration of KIKO currency option contracts, and suggests feasible preventive measures. Research design, data, and methodology - Using monthly Won-Dollar exchange rate data for January 1995~July 2007, I evaluate the statistical characteristics of the exchange rate for two sub-periods; 1) a shorter period after the East Asian financial crisis and 2) a longer period including the financial crisis. The key instrument of analysis is the basic normal distribution theory. Results - The difference in the reference period could lead to an unexpected development in contract implementation and a consequent financial loss. We may avoid foreign exchange loss by using derivatives such as forwards or currency options. Conclusions - We should consider not only level values but also the volatilities of financial variables in making a binding financial contract. Appropriate measures may differ depending on the specific supply chain pattern. We may extend the study with surveys on actual risk measures.

Reliability Analysis of Multi-Component System Considering Preventive Maintenance: Application of Markov Chain Model (예방정비를 고려한 복수 부품 시스템의 신뢰성 분석: 마코프 체인 모형의 응용)

  • Kim, Hun Gil;Kim, Woo-Sung
    • Journal of Applied Reliability
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    • v.16 no.4
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    • pp.313-322
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    • 2016
  • Purpose: We introduce ways to employ Markov chain model to evaluate the effect of preventive maintenance process. While the preventive maintenance process decreases the failure rate of each subsystems, it increases the downtime of the system because the system can not work during the maintenance process. The goal of this paper is to introduce ways to analyze this trade-off. Methods: Markov chain models are employed. We derive the availability of the system consisting of N repairable subsystems by the methods under various maintenance policies. Results: To validate our methods, we apply our models to the real maintenance data reports of military truck. The error between the model and the data was about 1%. Conclusion: The models developed in this paper fit real data well. These techniques can be applied to calculate the availability under various preventive maintenance policies.

An Application of Markov Chain and Bayesian Network for Dynamic System Reliability Assessment (동적 시스템의 신뢰도 평가를 위한 마코프체인과 베이지안망의 적용에 관한 연구)

  • Ahn, Suneung;Koo, Jungmo
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2003.11a
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    • pp.346-349
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    • 2003
  • This paper is intended to assess a system reliability that is changed as time passes. The proposed methodology consists of two steps: (1) predicting probabilities that each component fails at specific time by using a Markov Chain model and (2) calculating reliability of the whole system via Bayesian network. The proposed methodology includes extended Bayesian network model reflecting the case that components are mutually dependent.

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Mitochondrial Efficiency-Dependent Viability of Saccharomyces cerevisiae Mutants Carrying Individual Electron Transport Chain Component Deletions

  • Kwon, Young-Yon;Choi, Kyung-Mi;Cho, ChangYeon;Lee, Cheol-Koo
    • Molecules and Cells
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    • v.38 no.12
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    • pp.1054-1063
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    • 2015
  • Mitochondria play a crucial role in eukaryotic cells; the mitochondrial electron transport chain (ETC) generates adenosine triphosphate (ATP), which serves as an energy source for numerous critical cellular activities. However, the ETC also generates deleterious reactive oxygen species (ROS) as a natural byproduct of oxidative phosphorylation. ROS are considered the major cause of aging because they damage proteins, lipids, and DNA by oxidation. We analyzed the chronological life span, growth phenotype, mitochondrial membrane potential (MMP), and intracellular ATP and mitochondrial superoxide levels of 33 single ETC component-deleted strains during the chronological aging process. Among the ETC mutant strains, 14 ($sdh1{\Delta}$, $sdh2{\Delta}$, $sdh4{\Delta}$, $cor1{\Delta}$, $cyt1{\Delta}$, $qcr7{\Delta}$, $qcr8{\Delta}$, $rip1{\Delta}$, $cox6{\Delta}$, $cox7{\Delta}$, $cox9{\Delta}$, $atp4{\Delta}$, $atp7{\Delta}$, and $atp17{\Delta}$) showed a significantly shorter life span. The deleted genes encode important elements of the ETC components succinate dehydrogenase (complex II) and cytochrome c oxidase (complex IV), and some of the deletions lead to structural instability of the membrane-$F_1F_0$-ATP synthase due to mutations in the stator stalk (complex V). These short-lived strains generated higher superoxide levels and produced lower ATP levels without alteration of MMP. In summary, ETC mutations decreased the life span of yeast due to impaired mitochondrial efficiency.

A Study on the Business Process Model for sustainable Supply Chain (지속가능한 공급사슬(Supply Chain)을 위한 비즈니스 프로세스 모델 연구)

  • Ahn, Kyeong Rim;Lee, Ju Yeon
    • Journal of Korea Society of Digital Industry and Information Management
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    • v.10 no.1
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    • pp.181-193
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    • 2014
  • The environment of supply chains is rapidly changed to global and eco-freindly work process. However, at current environment, it is not easy to grasp work flow and to analyze energy efficiency. Improving energy efficiency and visibility for goods flow can contribute to increases in customer attitudes and reductions in overall production costs Additionally, it can lead to increases in work efficiency and reductions in overall production costs. Until recently, efforts to improve energy performance focused on manufacturing industry. Those efforts have expanded to the supply chain. In this paper, we perform business process modeling about supply chain for visibility and sustainability - information and component flows - from assembly plants to logistics. This paper defines the work and information flows by modeling the underlying logical structures of the supply chain and the business processes that determine impact of visibility and sustainability. We model processes using the modeling methodology specified by UN/CEFACT. This methodology explains business process functionality and business transactions by UML diagram. The output of this paper would be useful in grasping work flow and capturing the used energy.

A Reference Model Based Framework for Supply Chain Collaboration (공급사슬 협업을 위한 참조모델 기반의 프레임워크)

  • Choi, Younghwan;Chae, Heekwon;Kim, Kwangsoo
    • Journal of Korean Institute of Industrial Engineers
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    • v.31 no.2
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    • pp.152-163
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    • 2005
  • The focus of enterprise collaboration of supply chain management, has changed from integrating and exchanging business information to integrating and managing business processes between business partners. However, the collaboration is difficult due to the inherent complexity such as diverse business processes and dynamic business environments. To settle these problems, a reference model based enterprise architecture framework for the collaboration of supply chains is proposed in this paper. The supply chain collaboration framework is composed of three reference models capturing the different views of supply chain collaboration: supply process reference model, service component reference model, and technology and standard reference model. As the framework adapts the OMG's metadata architecture, the processes in the supply chain can be extended and integrated with other value chains, such as design chains, when it is necessary. Using the proposed framework, business managers can rapidly integrate and manage their business processes with their suppliers and customers.

Literature Content Analysis: Formulating Different Marketing Plan between Wholesalers and Retailers Supervision System

  • SUH, Junhyuck
    • Journal of Distribution Science
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    • v.19 no.8
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    • pp.91-100
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    • 2021
  • Purpose: Supply chain management is a significant component of marketing strategy to achieve the overall goal of maintaining a competitive edge in the industry. To better understand and compare marketing strategies between two major distribution channels (Wholesalers and Retailers), the present study examines the various critical aspects in developing marketing strategies based on numerous prior studies. Research design, data and methodology: Qualitative research involves collecting and analyzing various non-numeric data to establish different concepts or opinions in the data. In content analysis, determining the presence of different themes, concepts, or other valuable texts and their relationships is carried out. Usually, the researchers employ three distinct methods to carry out complete content analysis. Results: Developing the appropriate marketing strategy to manage the supply chain of a business is essential. Marketing strategies should be formulated in a manner that ensures the supply chain is well organized. Applying the marketing strategy in the supply chain management, the current author utilizes the four Ps to integrate strategies for two distribution channels which are essential in ensuring proper management. Conclusions: This study concluded that utilizing the existing marketing strategies and integrating them can help in better management of the supply chain, using communication, decision making, product differentiation, and pricing.

Optimized Substrate Concentrations for Production of Long-Chain Isomaltooligosaccharides Using Dextransucrase of Leuconostoc mesenteroides B-512F

  • Lee, Min-Sung;Cho, Seung-Kee;Eom, Hyun-Ju;Kim, So-Young;Kim, Tae-Jip;Han, Nam-Soo
    • Journal of Microbiology and Biotechnology
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    • v.18 no.6
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    • pp.1141-1145
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    • 2008
  • Isomaltooligosaccharide (IMO) is a promising dietary component with prebiotic effect, and the long-chain IMOs are preferred to short chain ones owing to the longer persistence in the colon. To establish the optimal process for synthesis of long-chain IMOs, we systematically examined the reaction condition of dextransucrase of Leuconostoc mesenteroides B-512F by changing the ratio of sucrose to maltose (varying as 1:4, 1:2, 1:1, and 2:1) and amount of each sugar (from 2% to 20%). As a result, a ratio of 2:1 (sucrose to maltose, 10:5% or 20:10%, w/v) was determined as an optimal condition for long-chain IMO synthesis (DP3-DP9) with relatively higher yields (70-90%, respectively).

A Study on SCM Improvement Plan using the Internet of Things (사물인터넷을 활용한 SCM 고도화 방안에 대한 연구)

  • Kim, MinJune;KIM, YoungKil
    • Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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    • 2018.05a
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    • pp.553-554
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    • 2018
  • Supply Chain Management (SCM) is the overall process (component procurement, production planning, delivery, inventory control, etc.). It is the process from the supplier to the consumer until the raw material becomes the finished product. Basically, traditional supply chain management is primarily aimed at cost reduction and efficiency. However, considering only cost reduction and efficiency, it is not easy apply the center of 4th industry to Smart Factory. In this study, I propose a form of supply chain management network. It can be satisfy the security by using block chain and automatic control of each element by adding the internet of things.

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Investigation of the Effect of new alignment in NLC by using Dipping Effect (침지효과를 이용한 신액정배향효과에 관한 연구)

  • Lee, Jeong-Ho;Park, Tae-Kyu;Seo, Dae-Shik
    • Proceedings of the KIEE Conference
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    • 1999.07d
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    • pp.1815-1817
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    • 1999
  • In this paper, the generation of high pretilt angle in nematic liquid crystal (NLC) by dipping effect on three kinds of the rubbed polyimide (PI) surface was investigated. The generated pretilt angle of NLC increases due to dipping effect before rubbing treatment on two kinds of the rubbed PI surface with side chain. The generated pretit angle in NLC by using dipping effect after rubbing treatment on PI surface with short side chain is high compared to the PI surface with long side chain. The generated pretit angle of the positive type NLC $(\Delta{\varepsilon}>0)$ is higher as than that of the negative type NLC $({\Delta}{\varepsilon}<0)$ by using dipping effect before rubbing treatment on homeotropic layer. The generated pretilt angle of NLC is attributed to perpendicular component of permittivity ${\varepsilon}_{\perp}$ of NLC on rubbed PI surface.

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