• Title/Summary/Keyword: cost improvement

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Optimal Imperfect-Quality Inventory Models for Continuous and Discrete Shipping with Process Improvement and Setup Reduction (프로세스 품질 개선과 셋업 절감을 고려한 연속 및 불연속 배송 환경에서의 최적 불완전 품질 재고 모형)

  • Kim, Dae-Soo;Yoo, Seung-Ho
    • Journal of the Korean Operations Research and Management Science Society
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    • v.34 no.1
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    • pp.11-28
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    • 2009
  • Intelligent investment in setup cost reduction and process reliability improvement is crucial to an emerging integrated lean six sigma practice today. This study examines a cost-minimizing problem of jointly determining production lot size, setup cost reduction, and process reliability improvement decisions for a manufacturer with an imperfect production process. We develop models for previously untapped discrete shipping in a supply chain context as well as continuous shipping and solve them optimally using differential calculus and nonlinear programming. We also conduct analytic and numerical sensitivity analyses to provide various important managerial insights into practices.

Case Study of Parts Reliability Improvement (프린트 산업에서 부품 신뢰성 시험법 개선)

  • Kim, Pan-Soo;Han, Ki-Woong;Lee, Ji-Hye
    • Proceedings of the Safety Management and Science Conference
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    • 2011.04a
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    • pp.663-674
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    • 2011
  • Continuing and Developing the growth, the company should focus on 'time to market of high quality production' and 'cost down'. Due to the complexity of the production, reliability is being one of the important factor. In this study, in particular, focus on parts reliability test improvement about printer product and proceeded. Need test improvement for time to market that is developed, and reduce expense with test period that is required at Reliability Test time of new parts and should high quality level of product. Finally huge Failure Cost (F-COST) occurs because quality level of product drops if parts that accomplish product does not ensure reliability and this is associated by malfunction in marketplace.

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Case Study of Parts Reliability Improvement (프린트 산업에서 부품 신뢰성 시험법 개선)

  • Kim, Pan-Soo;Han, Ki-Woong;Lee, Ji-Hye
    • Journal of the Korea Safety Management & Science
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    • v.12 no.3
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    • pp.153-162
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    • 2010
  • Continuing and Developing the growth, the company should focus on 'time to market of high quality production' and 'cost down'. Due to the complexity of the production, reliability is being one of the important factor. In this study, in particular, focus on parts reliability test improvement about printer product and proceeded. Need test improvement for time to market that is developed, and reduce expense with test period that is required at Reliability Test time of new parts and should high quality level of product. Finally huge Failure Cost (F-COST) occurs because quality level of product drops if parts that accomplish product does not ensure reliability and this is associated by malfunction in marketplace.

Optimal Reliability Improvement for Used Items Sold with Warranty

  • Chattopadhyay, G.;Murthy, D.N.P.
    • International Journal of Reliability and Applications
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    • v.5 no.2
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    • pp.47-57
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    • 2004
  • The market for used products is becoming more competitive and dealers of used products use warranty to promote sales as well as to provide assurance to customers. Offering warranty results in additional costs associated with warranty servicing. This cost can be reduced through actions such as overhaul and upgrade that improves the reliability of the item. This is worthwhile only if the cost of improvement is less than the reduction in the warranty servicing cost. This paper deals with two models to decide on the reliability improvement strategies for used items sold with FRW policy.

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A Measure for Improving the Systematic Evaluation of the Life Cycle Cost in Technical Proposal Tendering (기술제안입찰에서의 계적인 생애주기비용 평가를 위한 개선방안)

  • Son, Myung-Jin;Hyun, Chang-Taek
    • Korean Journal of Construction Engineering and Management
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    • v.13 no.6
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    • pp.71-83
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    • 2012
  • The use of technical proposal tendering has been expanding recently with the aim of effecting cost reduction, quality enhancement, technological development and value realization centered on multifunctional administrative cities, innovation cities, and the Yongsan relocation project. In line with the increasing interest towards life cycle cost improvement measures as an important evaluation category concerning technical proposal tendering, efforts in preparing measures that can execute the security of credibility and objective evaluation concerning architectural life cycle cost are being made. However, problems such as lack of applicable cases of design development and detail design, distortion of initial construction costs concerning the original plan, combination of constant price and current price, the ambiguity of the calculation standards between tendering corporations, inaccuracy of terms, and insufficient compositional formats concerning life cycle improvement measures are being cited. Accordingly, this study sought to propose a measure to improve the compositional guidelines, format, and standards so that a systematic life cycle cost evaluation can be executed for the reliable distinction of each participating corporation, enhanced credibility and objective evaluation of the life cycle cost improvement measure for technical proposals.

A Study on the Improvement of Industrial Safety and Health Management Cost Using the Survey of Construction Safety Experts (건설안전전문가 설문조사를 활용한 현장중심의 안전관리비 제도 개선 연구)

  • Ko, Jae-Hwan
    • Journal of the Society of Disaster Information
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    • v.16 no.2
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    • pp.331-342
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    • 2020
  • Purpose: This study concerns the cost of safety management in order to prevent accidents and disabilities in the construction industry. The purpose of the Chapter is to draw up problems and improvement measures for these safety management costs. Method: A detailed questionnaire was developed for 20 construction safety managers for the research. This questionnaire was analyzed and implemented by the Expert Group Interview (FGI) analysis method. Results: In order to understand the safety management cost system, alternatives such as preparing a standard manual, implementing regular on-site training, and establishing a monitoring system for the safety management cost were derived. In addition, there is a need to ensure autonomy in the execution of flexible costs so that they can be deployed immediately in case of emergency to improve the 'efficiency and necessity of the safety negligence system'. And it was analyzed as items that should be improved due to excessive demand for documentation. Conclusion: Through this study, problems should be recognized for the improvement of the construction safety management cost system. And it will have to come up with policy-based and institutional-improvement measures for experts.

Optimal Periodic Preventive Maintenance with Improvement Factor (개선지수를 고려한 주기적 예방보전의 최적화에 관한 연구)

  • Jae-Hak Lim
    • Journal of Korean Society for Quality Management
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    • v.31 no.3
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    • pp.193-204
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    • 2003
  • In this paper, we consider a periodic preventive maintenance(PM) policy in which each PM reduces the hazard rate but remains the pattern of hazard rate unchanged. And the system undergoes only minimal repairs at failures between PM's. The expected cost rate per unit time is obtained. The optimal number N of PM and the optimal period x, which minimize the expected cost rate per unit time are discussed. Explicit solutions for the optimal periodic PM are given for the Weibull distribution case.

A Study on Effect of Repair and Improvement for Irrigation Facilities on Heavy Rain Damage (수리시설개보수사업이 호우피해에 미치는 효과 분석)

  • Lim, Cheong-Ryong;Yi, Hyang-mi;Lee, Seok-Joo
    • Journal of Korean Society of Rural Planning
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    • v.24 no.1
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    • pp.61-66
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    • 2018
  • The purpose of this study is to identify the factors related to the heavy rain damage and to identify effect of repair and improvement for irrigation facilities on heavy rain damages. The results of the analysis are as follows. First, the imbalance of precipitation became worse over time from using the coefficient of variation. Second, the analysis using Spearman correlation coefficient shows positive relationship between heavy rain damage amount and precipitation amount, and negative correlation between heavy rain damage amount and repair and improvement for irrigation facilities cost. Third, the analysis of the panel regression model shows that the negative impact of the repair and improvement for irrigation facilities cost on the heavy rain damage, which means that the increase of the repair and improvement for irrigation facilities cost can reduce the heavy rain damage.

A Case Study of the Effects of Cloud System on the Efficiency Improvement and Cost-saving of Production Processes (클라우드 시스템이 기업의 공정관리 효율성과 비용절감에 미치는 영향 - J사(社) 사례(事例)를 중심(中心)으로 -)

  • Lee, Bo-Young;Park, Yong-Tae
    • The Journal of Information Systems
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    • v.26 no.2
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    • pp.143-164
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    • 2017
  • Purpose The purpose of this study is to investigate to investigate the effects of cloud system on the efficiency improvement and cost-saving of production processes. It also tries to provide small- and medium-sized companies and IT practitioners with a practical guideline for a successful implementation of could systems. Design/methodology/approach This study was conducted by observing and analyzing a case of implementing a cloud system at a small-sized company having multiple job sites in terms of the improvement in data-sharing efficiency and cost-saving of production processes. Findings This study found that cloud system was an effective way of sharing data between and among production processes of geographically scattered job sites and thus, helped the company to remedy problems of work schedule and load-balance along sequential production processes. Cloud system also allowed the company to reduce the number of visits made by 3-inspectors to four job sites by 75% and the personnel cost related to inspectors' site visit.

Contract Awarding Process and its Reasonable Improvement for Defense Acquisition (공공사업 경쟁입찰에서 낙찰자 결정방법분석 및 국방획득사업의 합리적인 사업자결정 방안)

  • Eo, Hajoon;Kim, Sung-Chul
    • Journal of Information Technology Services
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    • v.14 no.2
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    • pp.69-86
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    • 2015
  • The current contract awarding process regulated by laws and ordinances is analyzed and more reasonable processes are suggested. To this end, the principle of economic analysis is described with emphasis on the cost-effectiveness analysis, and the laws and ordinances regulating the process are thoroughly examined. The current contract awarding rule is based on the weighted sum of effectiveness score and cost score. This may not conform to the framework of economic analysis where effectiveness is supposed to be measured as an output and cost measured as an input. An improvement is attempted to the defense acquisition system and it is recognized that the economic analysis and policy consideration should be performed separately. Concept of statistical testing is introduced to see if the results of the cost effectiveness analyses show the significant difference between the alternatives. It is suggested that the contract awarding process can be improved by performing significance test followed by the aggregation of the two analyses. A minor improvement is also suggested on the application of current rules.