• Title/Summary/Keyword: inventory management system

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A Study on Robust Design of JIT System in Uncertain Environment (불확실한 환경에서의 JIT시스템 강건설계에 관한 연구)

  • 조용욱;박명규
    • Journal of the Korea Safety Management & Science
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    • v.2 no.2
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    • pp.29-40
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    • 2000
  • In this paper, under JIT kanban system designed by Moeeni, each performance measures (service level, inventory level) identify the robust optimal level at a uncertain environment, and when there are multiple performance characteristics, it propose the optimal design-method and the optimal level decision-method, which consider multiple performance characteristics.

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A Stochastic Production Planning Problem in Rolling Horizon Environment (계획기간의 연동적 고려 경우의 추계적 생산계획)

  • Sung, C. S.;Lee, Y. J.
    • Journal of the Korean Operations Research and Management Science Society
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    • v.14 no.2
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    • pp.67-74
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    • 1989
  • This paper considers single-product production and inventory management problem where cumulative demands up to each time period are mutually independent random variables(known) having continuous probability distributions and the associated cost-minimizing production schedule (when to produce and how much to produce) need be determined in rolling horizon environment. For the problem, both the production cost and the inventory holding and backlogging costs are included in the whole system cost. The probability distributions of these costs are expressed in terms of random demands, and utilized to exploit a solution procedure for a production schedule which minimizes the expected unit time system cost and also reduces the probability of rist that, for the first-period of each production cycle (rolling horizon), the cost of the "production" option will exceed that of the "non-production" one. Numerical examples are presented for the solution procedure illustration.cedure illustration.

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A Case Study on RFID-PPS(Radio Frequency IDentification-Pallet Pool System) (RFID-PPS (Radio Frequency IDentification-Pallet Pool System) 사례연구)

  • 안종윤;양광모;진향찬;강경식
    • Proceedings of the Safety Management and Science Conference
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    • 2004.05a
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    • pp.303-307
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    • 2004
  • Is not used by consistency transport at transport of freight nothing but is using Pallet only by pedestal when work palletized unit load or materials handling when keep simplicity receptacle which fill raw material or product in factory in our country. Therefore, pallet that is most important function of Pallet is not empled circulation to end consumer from manufacturing plant which is circulation process whole path being done and factory. It is real condition stopping only in extremely determinate part process use of warehouse back. Additionally, it is possible to figure out the flow of all the materials loaded on the RFID pallet; product, material, raw material immediately, so that epoch-making management is possible and it contributes to the reduction of logistics cost because there are little loss or outflow of pallet. The materials flow is getting speedy and inventory is decreasing in the logistics process, and also bad inventory and loss problems are prevented. As a result, not only logistics cost of company but also national logistics cost is decreased. Thus it contributes to the strength of national competitiveness.

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Automobile Assembly Sequence System Using Production Information (생산정보를 이용한 자동차 조립 서열시스템에 관한 연구)

  • Ock, Young-Seok;Kim, Byung Soo;Bae, Jun-Hee
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.37 no.3
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    • pp.8-15
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    • 2014
  • For zero inventory and mixed assembly production, JIT (Just In Time) production system in Toyota and JIS (Just-In-Sequence) production system in Hyundai motor co. have been proposed in automobile production areas. Even though the production systems are popular in the areas, many subcontract companies producing part-modules for final production at a parent company suffers from excessive or shortage amount of inventory due to the time gap of production and delivery to the parent company. In this study, we propose an efficient real-time assembly sequence system applying a well-known Pareto method using Paint-In information in painting process and daily production planning information. Based on this system, a production line can estimate the shortage amount of UPH (Units Per Hour) at production line and recovers the amount before operating assembly production in the line. The proposed system provides efficiency on productivity compared with the previous system.

An Adaptive Multi-Echelon Inventory Control Model for Nonstationary Demand Process

  • Na, Sung-Soo;Jun, Jin;Kim, Chang-Ouk
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2004.05a
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    • pp.441-445
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    • 2004
  • In this paper, we deal with an inventory model of a multi-stage, serial supply chain system where a single product type and nonstationary customer demand pattern are considered. The retailer and suppliers place their orders according to an echelon-stock based replenishment control policy. We assume that the suppliers can access online information on the demand history and use this information when making their replenishment decisions. Using a reinforcement learning technique, the inventory control parameters are designed to adaptively change as the customer demand pattern is altered, in order to maintain a given target service level. Through a simulation based experiment, we verified that our approach is good for maintaining the target service level.

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An integrated one-vendor multi-buyer production-inventory model with shipment consolidation policy incorporated

  • Sung Chang Sup;Noh Kyung Wan;Lee Ik Sun
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2003.05a
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    • pp.1-7
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    • 2003
  • This paper considers an Integrated one-vendor multi-buyer production-inventory model where the vendor manufactures multiple products In lot at Her associated finite production rates In the model. It is allowed for earth product to be shipped In lot to the buyers before the whole product production is not completed yet. Each product lot is dispatched to the associated buyer In a number or shipments. The buyers consume their products at fixed rates. The objective is to the production and shipment schedules in the Integrated system. which minimizes the mean total annual cost per unit time. The mean total annual cost consists or production setup cost inventory holding cost and shipment cost. For the model, an Iterative optimal solution procedure with shipment consolidation policy incorporated is derived. It is then tested through numerical experiments to show how efficient and effective He shipment consolidation policy is.

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Analysis of the Value of Yield Information under Periodic Review Inventory System (정기발주 재고모형에서 공급자 수율 정보 공유의 기대효과 분석)

  • Min, Dai-Ki
    • Journal of the Korean Operations Research and Management Science Society
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    • v.36 no.3
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    • pp.61-74
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    • 2011
  • The objective of this study is to evaluate the effects of sharing uncertain yield information with a downstream supply chain player. We are interested in understanding how the amount of yield uncertainty affects the supply-side benefits and/or costs, which has not been considered in the literature, in addition to the customer-side benefits. With that purpose, this work evaluates a supplier who provides yield information in comparison with another supplier who shares no information. We simulate an order-up-to type heuristic policy that is adapted from the literature and reasonably modified to represent yield information sharing with error. From the simulation study, we argue that the customer would experience cost reduction, but the cost for supplier's inventory is increasing when sharing yield information. Furthermore, the amount of benefits and costs are situational and affected by level of yield uncertainty and demand variance. Based on the simulation study, we finally make several recommendations for the supply-side approaches to yield information sharing.

Analysis of Lead Time Distribution with Order Crossover (교차주문을 갖는 리드타임 분포의 분석)

  • Kim, Gitae
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.44 no.4
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    • pp.220-226
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    • 2021
  • In supply chain, there are a variety of different uncertainties including demand, service time, lead time, and so forth. The uncertainty of demand has been commonly studied by researchers or practitioners in the field of supply chain. However, the uncertainty of upstream supply chain has also increased. A problem of uncertainty in the upstream supply chain is the fluctuation of the lead time. The stochastic lead time sometimes causes to happen so called the order crossover which is not the same sequences of the order placed and the order arrived. When the order crossover happens, ordinary inventory policies have difficult to find the optimal inventory solutions. In this research, we investigate the lead time distribution in case of the order crossover and explore the resolutions of the inventory solution with the order crossover.

A Study of Hybrid Production System using GT, MRP & JIT (GT, MRP, JIT의 혼합생산시스템 구축에 관한 연구)

  • 이현용;송준엽;강경식
    • Proceedings of the Safety Management and Science Conference
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    • 2001.05a
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    • pp.185-188
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    • 2001
  • Many production management systems for increasing productivity, minimizing inventory, keeping due dates and maximizing use of resources have been proposed, and GT, MRP and JIT are frequently used among these systems. The three systems have merits and demerits through comparing with each other. Because each system has mutual dependence, a hybrid production system is necessary for using their merits maximally. In this study, a hybrid production system is designed by combining GT, MRP and JIT, which is suitable in the domestic production system.

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Single Manufacturer and Multiple Retailers Multi-Product Inventory Model under Cap-and-Trade Mechanism (배출권거래제 하에서 단일 제조업자-다소매업자의 공급사슬에서 다품목의 재고모형)

  • Kim, Dae-Hong
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.42 no.1
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    • pp.158-166
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    • 2019
  • In pursuing carbon emission reduction efforts, companies have focused for the most part on reducing emissions due to the more efficient equipment and facilities. However they overlook a significant source of carbon emissions, one that is driven by operational policies. Currently companies are looking for solutions to reduce carbon emissions associated with their operations. Operational adjustments, such as modifications in order quantities could an effective way in reducing carbon emissions in the supply chain. Also, Cap-and-Trade mechanism is generally accepted as on of the most effective market-based mechanism to reduce carbon emissions. In this paper, we investigate a supply chain with single manufacturer and multiple retailers multi-product inventory model under the cap-and-trade system incorporating the carbon emissions caused by transportation and warehousing activities. Also, we provide an iterative solution algorithm and derive the common order interval and the number of intervals for each product. We show by numerical example that the inventory model incorporating cap & trade mechanism can reduce total cost and carbon emissions compared to the classical inventory model. Using the numerical examples, we also investigates different carbon price on the performance of the inventory model.