• Journal of Korean Society of Industrial and Systems Engineering
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• v.30 no.3
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• pp.44-53
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• 2007

Forming central warehouses for a number of stores can save costs in the continuous review inventory model due to economy of scale and information sharing. In this paper, transportation costs are included in this inventory model. Hence, the tradeoff between inventory-related costs and transportation costs is required. The main concern of this paper is to determine the number and location of central warehouses. Transportation costs are dependent on the distance from several central warehouses to each store. Hence, we develop an efficient simulated annealing algorithm using distance-based local search heuristic and merging heuristic to determine the location and the number of central warehouses. The objective of this paper is to minimize total costs such as holding, setup, penalty, and transportation costs. The performance of the proposed approach is tested by using some computational experiments.

• Journal of Korean Library and Information Science Society
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• v.24
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• pp.45-79
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• 1996

Rising publication costs and declining financial resources have resulted in renewed interest among librarians in resource sharing. Although the idea of sharing resources is not new, there is a sense of urgency not seen in the past. Driven by rising publication costs and static and often shrinking budgets, librarians are embracing resource sharing as an idea whose time may finally have come. Resource sharing in electronic environments is creating a shift in the concept of the library as a warehouse of print-based collection to the idea of the library as the point of access to need information. Much of the library's material will be delivered in electronic form, or printed. In this new paradigm libraries can not be expected to su n.0, pport research from their own collections. These changes, along with improved communications, computerization of administrative functions, fax and digital delivery of articles, advancement of data storage technologies, are improving the procedures and means for delivering needed information to library users. In short, for resource sharing to be truly effective and efficient, however, automation and data communication are essential. The possibility of using full-text online databases as a su n.0, pplement to interlibrary loan for document delivery is examined. At this point, this article presents possibility of using full-text online databases as a means to interlibrary loan for document delivery. The findings of the study can be summarized as follows : First, turn-around time and the cost of getting a hard copy of a journal article from online full-text databases was comparable to the other document delivery services. Second, the use of full-text online databases should be considered as a method for promoting interlibrary loan services, as it is more cost-effective and labour saving. Third, for full-text databases to work as a document delivery system the databases must contain as many periodicals as possible and be loaded on as many systems as possible. Forth, to contain many scholarly research journals on full-text databases, we need guidelines to cover electronic document delivery, electronic reserves. Fifth, to be a full full-text database, more advanced information technologies are really needed.

• Proceedings of the Korean Operations and Management Science Society Conference
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• 2003.11a
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• pp.342-345
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• 2003

Due to the rapid development of manufacturing and information technology, traditional supply chain scheme has been changed dramatically Most companies have been forced to relocate or redesign their logistics network in different countries. A supply chain partnership is a relationship formed between two independent members in supply chain through information sharing to achieve specific objectives and benefits in terms of reductions in total costs and inventories. This study illustrates the benefits of supply chain partnerships based on information sharing and lead-time patterns. We consider three level of information sharing: (1) immediate order information; (2) demand information; (3) inventory information. Given a fixed total lead-time, how lead-time distribution will affect the bullwhip effect and inventory cost under information sharing strategies. The results can help improving supply chain performance and selecting suitable direction for the re-configuration of supply chain network.

• Journal of the Korea Safety Management & Science
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• v.12 no.4
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• pp.153-160
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• 2010

In this paper, effects of information sharing in multi-level supply chain management have been studied through simulation. The simulation model consists of a manufacturing company as a center, three suppliers, two logistic centers, and three different retail supply lines of each logistics centers. The mathematical model and the simulation were developed when real-time information sharing occurs and does not occur in supply chain under the assumption that each company applies (s, S) inventory policies. In addition, this paper analyzed the effects of the change of variables related to total costs, which compose of total ordering cost, total transportation cost, total carrying cost and shortage cost that are caused by the change of demand of three different patterns with the way of information sharing.

• Electronics and Telecommunications Trends
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• v.36 no.5
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• pp.51-61
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• 2021

To reduce mobile network deployment costs and expand service coverage, mobile infrastructure sharing is becoming increasingly important. This paper introduces the concept and potential benefits of mobile infrastructure sharing as documented in the existing literature. Then, the current status of significant cases of mobile infrastructure sharing in major overseas countries is examined. Finally, sharing 5G infrastructure in rural areas in Korea is introduced. The Korean case is expected to complete national 5G coverage successfully without involving negative competition.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.18 no.12
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• pp.620-627
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• 2017

An open sharing market is a market providing a sharing business. It provides open sharing services handling various products, unlike existing sharing services providing specific products. Sharing under an open sharing market can include all products that are difficult for customers to deal with, and provides fluidity of trade through negotiating sharing periods and costs among sharers. There are many variant elements when you provide sharing services for various products. Therefore, in this paper, we propose an extensible architecture that can reflect the variant elements in open sharing markets. We expect the proposed architecture can continuously improve the extensibility of sharing services for various products, because we design sharing services as components to efficiently manage and provide various sharing services, and provide dynamic binding of variant elements.

• Industrial Engineering and Management Systems
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• v.8 no.4
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• pp.221-227
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• 2009

There are customer services jointly provided by two facilities so that each customer will complete the course made up of both facilities' sub-services. The two facilities are assumed invested respectively by an infrastructure owner and one subordinate facility owner, whose partnership is built on their capital investments. This paper presents a mathematical model of Stackelberg competition between the two facility owners to derive their optimal Nash equilibrium. In this study, each facility owner's profit is consisted of fixed revenue fractions of sold services, operating costs (including depreciation cost) and maintenance costs of her facility. The maintenance costs of one facility are incurred both by failures and deterioration due to usage. Moreover, for both facilities, failures are rectified immediately by minimal repairs and preventive maintenance is carried out at a fixed time epoch. Additional assumptions are also employed to develop the model such as customer arrivals are manipulated to follow a Poisson process, and each facility's lifetime is independently Weibull-distributed. The Stackelberg game proceeds as follows. At the first stage of decision making process, the infrastructure owner (acting as a leader) decides the allocation of revenue shares based on her self-interest. After observing the allocation of revenue shares, the subordinate facility owner determines her own optimal price of services. This paper investigates actions and reactions of the two partners in the system. Then analytical conditions are proposed to achieve a unique optimal Nash equilibrium. Finally, some suggestions for further research are discussed.

• Journal of Information Technology Applications and Management
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• v.20 no.4
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• pp.165-189
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• 2013

The advance of the smart working environment came the expectation that it would innovate and revolutionize the way people work, particularly in a society where smart work is readily available for creating a collaborative and 'connected' business. One of the core infrastructure elements for making smart work a viable option is the smart work center, the promotion of which requires a new form of 'smart work center business model' that can satisfy the purposes of both public services and private businesses. This calls for collaboration between the public and private sectors. Recently a number of businesses have been making significant headway in the creation of a new environment for business support and collaboration by adopting a sharing economy business model in their offices. The so-called 'Coworking Space' is an advanced form of business environment in the emerging 'smart work' era, and comes with the benefits of reduced costs as a result of sharing office space and knowledge sharing through the use of human networks. This paper describes the framework of a 'smart work center business model based on the sharing economy' using a BMC (Business Model Canvas), with an understanding of the characteristics inherent to the smart work center and the sharing economy. It was on the basis of this framework that a smart work center model for business incubation and startup, a private smart work center model for childcare services, and a community marketplace model with a global network were developed.

• Journal of the Korea Society of Computer and Information
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• v.19 no.10
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• pp.197-205
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• 2014

This study set out to develop a logistics rationalization model to reduce logistics costs including return route costs by using open information systems that overcame the limitations of the old closed logistics systems by the corporations and applying the principle of freight car sharing among them. In recent years, information infrastructure that can be easily shared by many such as information networks, however, One of the causes of rising logistics costs is high empty transfer rates on return routes after goods are transported from the distribution center of each company to consumption sites, It is propose to promote logistic efficiency and innovation. The study especially identified a logistics rationalization plan by examining and analyzing the stages of transportation on the circulation route of a distribution system from the distribution center of a corporation to consumption sites and the empty transfer rates and their current state.

• KDI Journal of Economic Policy
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• v.46 no.2
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• pp.21-43
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• 2024

This paper provides a new theoretical rationale for public procurement for innovation (PPI), a unique policy encouraging public procurers to purchase innovative products. In contrast to existing studies that primarily emphasize the advantages of PPI, this paper takes a comprehensive approach, examining both the costs and risks associated with PPI, alongside its benefits. It finds a general condition under which PPI outperforms traditional public procurement. Under this condition, this paper demonstrates that PPI enhances social welfare by facilitating optimal risk-sharing between public procurers and the general economy. Additionally, it draws policy implications from a comparative analysis between the current PPI policy in Korea and an optimal PPI policy.