• Journal of the Korea Society for Simulation
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• v.15 no.2
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• pp.13-21
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• 2006

Due to the exhaustion of resources and increasing concerns about the environment, reverse logistics has become a critical issue in recent years. We discuss the conventional logistics operations and the reverse logistics operations in the automotive industry. The traditional supply chain (TSC) and the reverse supply chain (RSC) models are developed to compare performance between two systems. In addition, results of the simulation models are discussed in respect to total costs, inventory levels and stock-outs to analyze the effects of introducing of reverse logistics system.

• Journal of the Korean Society for Industrial and Applied Mathematics
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• v.15 no.2
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• pp.151-160
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• 2011

Typically, it is hard to find a closed form solution of option pricing formula under an asset governed by a change point process. In this paper we derive a closed-form solution of the valuation function for an American perpetual put option under an asset having a change point. Structural changes are formulated through a change-point process with a Markov chain. The modified smooth-fit technique is used to obtain the closed-form valuation function. We also guarantee the optimality of the solution via the proof of a corresponding verification theorem. Numerical examples are included to illustrate the results.

• Communications of the Korean Mathematical Society
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• v.14 no.1
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• pp.1-12
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• 1999

The faithful bi-module \ulcornerM\ulcorner with its endomorphism ring End\ulcorner(M) such that M\ulcorner is flat (in other words, End\ulcorner(M)-flat, or endo-flat)and with a commutative ring R containing an identity has been studied in this paper. The chain conditions of a faithful endo-flat module \ulcornerM relative to those of the endomorphism ring End\ulcorner(M) having the zero annihilator of each non-zero endomorphism are studied.

• Journal of the Korean Mathematical Society
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• v.51 no.1
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• pp.17-53
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• 2014

Let ${\gamma}$ be a hyperbolic closed orbit of a $C^1$ vector field X on a compact boundaryless Riemannian manifold M, and let $C_X({\gamma})$ be the chain component of X which contains ${\gamma}$. We say that $C_X({\gamma})$ is $C^1$ robustly shadowable if there is a $C^1$ neighborhood $\mathcal{U}$ of X such that for any $Y{\in}\mathcal{U}$, $C_Y({\gamma}_Y)$ is shadowable for $Y_t$, where ${\gamma}_Y$ denotes the continuation of ${\gamma}$ with respect to Y. In this paper, we prove that any $C^1$ robustly shadowable chain component $C_X({\gamma})$ does not contain a hyperbolic singularity, and it is hyperbolic if $C_X({\gamma})$ has no non-hyperbolic singularity.

• Proceedings of the Korean Operations and Management Science Society Conference
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• 2001.10a
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• pp.150-153
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• 2001

The selection of the optimal partners in supply chain management is one of the most critical success factors. In the past, partners for outsourcing production were selected repeatedly within a closed group of candidates due to the limited information and location of partners. But, the wide use of internet and the development of electronic commerce make it possible that the partners capable of providing the optimal services are selected regardless of their location or nationality. And the concept of partners was limited to the provider of production resources. In the supply chain management, the concept should be extended to the provider of transportation and warehouse due to the high portion of transportation cost among the total production cost Therefore, In this study, we propose an analytical approach to the selection of Production and transportation partners in supply chain management. For this purpose a mathematical model is developed, and then a heuristic algorithm based on tabu search is presented since the model belongs to the NP hard problem.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.32 no.3
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• pp.99-109
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• 2009

Negative binomial yield model for semiconductor manufacturing consists of two parameters which are the average number of defects per die and the clustering parameter. Estimating the clustering parameter is quite complex because the parameter has not clear closed form. In this paper, a Bayesian approach using Markov Chain Monte Carlo is proposed to estimate the clustering parameter. To find an appropriate estimation method for the clustering parameter, two typical estimators, the method of moments estimator and the maximum likelihood estimator, and the proposed Bayesian estimator are compared with respect to the mean absolute deviation between the real yield and the estimated yield. Experimental results show that both the proposed Bayesian estimator and the maximum likelihood estimator have excellent performance and the choice of method depends on the purpose of use.

• Journal of Korea Society of Industrial Information Systems
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• v.25 no.2
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• pp.115-127
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• 2020

In this paper, a sustainable close-loop supply chain (SCLSC) model is proposed for effectively managing the production, distribution and handling process of mobile phone. The proposed SCLSC model aims at maximizing total profit as economic factor, minimizing total CO₂ emission amount as environmental factor, and maximizing social influence as social factor in order to reinforce sustainability in it. Since these three factors are represented as each objective function in modeling, the proposed SCLSC model can be taken into consideration as a multi-objective optimization problem and solved using a hybrid genetic algorithm (HGA) approach. In numerical experiment, three different scales of the SCLSC model are presented and the efficiency of the HGA approach is proved using various measures of performance.

• Journal of Mechanical Science and Technology
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• v.17 no.9
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• pp.1287-1296
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• 2003

In this paper the dynamic analysis of the Macpherson strut motor-vehicle suspension system is presented. The equations of motion are formulated using a two-step transformation. Initially, the equations of motion are derived for a dynamically equivalent constrained system of particles that replaces the rigid bodies by applying Newton's second law The equations of motion are then transformed to a reduced set in terms of the relative joint variables. Use of both Cartesian and joint variables produces an efficient set of equations without loss of generality For open chains, this process automatically eliminates all of the non-working constraint forces and leads to an efficient solution and integration of the equations of motion. For closed loops, suitable joints should be cut and few cut-joints constraint equations should be included for each closed chain. The chosen suspension includes open and closed loops with quarter-car model. The results of the simulation indicate the simplicity and generality of the dynamic formulation.

• Journal of the Korean Society for Precision Engineering
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• v.22 no.8 s.173
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• pp.118-127
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• 2005

A spatial 3 degrees-of-freedom mechanism employing Stewart Platform structure is proposed: the mechanism maintains the 3- RRPS structure of Stewart Platform but has an additional passive PRR serial sub-chain at the center area of the mechanism in order to constrain the output motion of the mechanism within the output motion space of the added PRR serial subchain. The forward and reverse position analyses of the mechanism are performed. Then the mechanism having both the forward and the reverse closed-form solutions is suggested and its closed form solutions are derived. It is confirmed, through the kinematic analysis of those two proposed mechanisms via kinematic isotropic index, that both the proposed mechanisms have fairly good kinematic characteristics compared to the existing spatial 3-DOF mechanisms in literature.

• Journal of Mechanical Science and Technology
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• v.17 no.12
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• pp.1977-1985
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• 2003

In the present study, the dynamic modelling of planar mechanisms that consist of a system of rigid bodies is carried out using point coordiantes. The system of rigid bodies is replaced by a dynamically equivalent constrained system of particles. Then for the resulting equivalent system of particles, the concepts of linear and angular momentums are used to generate the equations of motion without either introducing any rotational coordinates or distributing the external forces and force couples over the particles. For the open loop case, the equations of motion are generated recursively along the open chains. For the closed loop case, the system is transformed to open loops by cutting suitable kinematic joints with the addition of cut-joints kinematic constraints. An example of a multi-branch closed-loop system is chosen to demonstrate the generality and simplicity of the proposed method.