• Title/Summary/Keyword: multiple product

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Product-Mix Decision Using Lean Production and Activity-Based Costing: An Integrated Model

  • MOHSIN, Nidhal Mohammed Ridha;AL-BAYATI, Hossam Ahmed Mohamed;OLEIWI, Zahra Hasan
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.4
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    • pp.517-527
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    • 2021
  • While the two principles of lean manufacturing and time-driven activity-based costing (TDABC) have been established out of multiple incentives and do not follow the same particular targets, there is substantial commonality between them. In these conditions, the supply management of a multi-product system needs a rigorous production model to minimize costs. In this sense, this paper proposes an interactive model with the consideration of optimizing product-mix decisions using both lean development tools and TDABC. This paper proposes a qualitative approach using the case study of the Iraqi state company for battery production. The suggested model decreased manufacturing time and costs, along with some substantial reduction in idle production capacity by 26 percent in 2019, based on the findings of the case study. On the other hand, the proposed model gives two side advantages: an efficient division of costs on goods due to the use of time spent as a cost factor for products and cost savings due to the introduction of the lean manufacturing approach that reduces all additional costs and increases product-mix decisions. Furthermore, the analytical data gathered here suggests that the incorporation of lean management concepts and TDABC has a strong and important influence on product-mix decisions.

A Study of Pace Strategy & Correlation of Product Liability Management Activity, Enterprise Value (제조물책임(製造物責任) 관리활동(管理活勳)과 기업가치(企業價値)간의 상관관계 및 대응전략(對應戰略) 연구)

  • Min, Dong-Seong;Chang, Seog-Ju;Park, Roh-Gook
    • 한국벤처창업학회:학술대회논문집
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    • 2008.11a
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    • pp.285-334
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    • 2008
  • The manager of manufacturing industry just not to have known to do related to the law of Product Liability that was put into operation in July 2002. The law of PL is a public law about defective product, which was established in order to compensate consumer's damages of property and body caused by product, to make sound society by the safety products and to take international competitiveness. The economic effects by the law of Product Liability are the increase of consumers relief production cost by the lawsuits. Product liability as a process has developed significantly in the United Kingdom and the United States of America. The rapid introduction of product liability has recently been a prevalent phenomenon, as global changes arising from rapid development in science and the economy have resulted in a highly interconnected world economy. This thesis was established, based on current literature and business consulting cases in the position of companies, and is one of the operating subjects in a system for legal responsibility in manufactured products. However, there are limitations in the fact that research theories are only able to present a theoretical model and directions. In this context, managers and personnel of multiple companies cannot adequately respond to the recently enforced Product Liability Act. The major findings are summarized as Product Liability Management Activity are positively Correlation of Enterprise Value.

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A Study on the Effect of Supplier's Strategy on New Product Development Performance (신제품 공동 개발 시 공급자의 전략이 신제품 개발성과에 미치는 영향에 대한 연구)

  • Hwang, Sunil;Suh, Eung-Kyo
    • Journal of Distribution Science
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    • v.15 no.9
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    • pp.95-107
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    • 2017
  • Purpose - In the joint development of new products, buyers and suppliers exchange information to solve various problems. Uncertainty and ambiguity are typical examples. Uncertainty refers to the lack of information to solve the problem, and equivocality refers to the case where the information is interpreted in multiple processes in the process of providing the information. These uncertainty and equivocality cause new products to be delayed in their development and adversely affect quality. However, unfortunately, there is a lack of researches on how the uncertainty and equivocality of such concepts control the results of new product joint development. But, smooth communication and effective exchange of information is not emphasized only in the general organization. The importance of the new product joint development projects to achieve the two organizations' common goals becomes even greater. The purposes of this study are to analyse the effect of supplier's strategy on the NPD performance and moderating effect of uncertainty and equivocality. Research design, data, and methodology - In order to make a contribution to the lack of academic researches in Korea, this study collects data through questionnaires based on organizational information processing theory and previous studies, and conducts empirical analysis. Results - As a result, the product modularization strategy and the strategic supply chain relationship positively influenced the new product development performance - return on investment and ease of manufacturing. And the interaction effect of uncertainty and equivocality with supplier's strategy - product modularity strategy and strategic supply chain management relationship - reduces or negates the influence of product modularization strategy on new product development performance. Conclusions - This implies that it is important to control uncertainty and equivocality in order for the supplier strategy to have a positive effect on new product development performance. It also emphasizes the necessity of sharing information appropriately for companies that do not want to share the information as possible due to their fear of loss of competitive advantage in the joint development of new products. Because this kind of negative policy might let uncertainty and equivocality be happen in new product joint development process.

A Study of Pace Strategy & Correlation of Product Liability Management Activity, Enterprise Value (제조물책임(製造物責任) 관리활동(管理活動)과 기업(企業) 가치(價値)간의 상관관계 및 대응전략(對應戰略) 연구)

  • Min, Dong-Seong;Chang, Seog-Ju;Park, Roh-Gook
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.3 no.3
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    • pp.17-65
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    • 2008
  • The manager of manufacturing industry just not to have known to do related to the law of Product Liability that was put into operation in July 2002. The law of PL is a public law about defective product, which was established in order to compensate consumer's damages of property and body caused by product, to make sound society by the safety products and to take international competitiveness. The economic effects by the law of Product Liability are the increase of consumers relief production cost by the lawsuits. Product liability as a process has developed significantly in the United Kingdom and the United States of America. The rapid introduction of product liability has recently been a prevalent phenomenon, as global changes arising from rapid development in science and the economy have resulted in a highly interconnected world economy. This thesis was established, based on current literature and business consulting cases in the position of companies, and is one of the operating subjects in a system for legal responsibility in manufactured products. However, there are limitations in the fact that research theories are only able to present a theoretical model and directions. In this context, managers and personnel of multiple companies cannot adequately respond to the recently enforced Product Liability Act. The major findings are summarized as Product Liability Management Activity are positively Correlation of Enterprise Value.

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Multiple Faults Detection and Isolation via Decentralized Sliding Mode Observer for Reconfigurable Manipulator

  • Zhao, Bo;Li, Chenghao;Ma, Tianhao;Li, Yuanchun
    • Journal of Electrical Engineering and Technology
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    • v.10 no.6
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    • pp.2393-2405
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    • 2015
  • This paper considers a decentralized multiple faults detection and isolation (FDI) scheme for reconfigurable manipulators. Inspired by their modularization property, a global sliding mode (GSM) based stable adaptive fuzzy decentralized controller is investigated for the system in fault free, while for the system suffering from multiple faults (actuator fault and sensor fault), the decentralized sliding mode observer (DSMO) is employed to detect their occurrence. Hereafter, the time and location of faults can be determined by a fault isolation scheme via a bank of DSMOs. Finally, the effectiveness of the proposed schemes in controlling, detecting and isolating faults is illustrated by the simulations of two 3-DOF reconfigurable manipulators with different configurations successfully.

A Multiple Threshold Selection Algorithm Based on Maximum Fuzzy Entropy for the Final Inspection of Flip Chip BGA (플립 칩 BGA 최종 검사를 위한 최대퍼지엔트로피 기반의 다중임계값 선정 알고리즘)

  • 김경범
    • Journal of the Korean Society for Precision Engineering
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    • v.21 no.4
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    • pp.202-209
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    • 2004
  • Quality control is essential to the final product in BGA-type PCB fabrication. So, many automatic vision systems have been developed to achieve speedy, low cost and high quality inspection. A multiple threshold selection algorithm is a very important technique for machine vision based inspection. In this paper, an inspected image is modeled by using fuzzy sets and then the parameters of specified membership functions are estimated to be in maximum fuzzy entropy with the probability of the fuzzy sets, using the exhausted search method. Fuzzy c-partitions with the estimated parameters are automatically generated, and then multiple thresholds are selected as the crossover points of the fuzzy sets that form the estimated fuzzy partitions. Several experiments related to flip chip BGA images show that the proposed algorithm outperforms previous ones using both entropy and variance, and also can be successfully applied to AVI systems.

Simultaneous Optimization of Multiple Quality Characteristics in Laser Beam Cutting Using Taguchi Method

  • Dubey, Avanish Kumar;Yadava, Vinod
    • International Journal of Precision Engineering and Manufacturing
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    • v.8 no.4
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    • pp.10-15
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    • 2007
  • Taguchi methods have been used for a long time to improve the product quality and process performance of a manufacturing system, Few researchers have applied this methodology in laser beam cutting (LBC) of sheet metals and found the considerable improvement in cut qualities. In all experimental investigations of LBC so far, the objective was to optimize the single quality characteristic at a time. In this paper the simultaneous optimization of multiple quality characteristics such as Kerf width and material removal rate (MRR) during pulsed Nd:YAG LBC of thin sheet of magnetic material (high Silicon-steel) has been presented using Taguchi's quality loss function. The results show the considerable improvement in multiple S/N ratio as compared to initial cutting condition. Also, the comparison of results from single and multi-objective optimization have been presented and it was found that the loss in quality is always possible shifting from single quality to multiple quality optimization.

Determination of joint production and delivery policy with multiple production lines for multiple products

  • Kim, Tae-Bok;Hong, Yu-Shin
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2006.11a
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    • pp.134-137
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    • 2006
  • Satisfying the customer orders with a short lead-time is one of the essential and competitive factors for business units under a mass customization environment. To shorten the lead-time for fulfilling various orders entails the production capacity expansion and efficient operational policy. Most business firms utilize the multiple production lines or facilities to cope with this business and manufacturing environment by making the manufacturing and distribution more flexible. In this study, we introduce the operational problem determining the joint production and delivery policy in an environment where multiple products are manufactured with more than one production lines. Also, we propose the heuristic solution approach for determining the product-line selection and joint lot size for this problem.

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The Robust Parameter Design of Multiple Characteristics with Multiple Objective and Subjective Attributes (다수의 주관적 요소와 객관적 요소를 고려한 다특성치 강건설계)

  • 조용욱;박명규
    • Proceedings of the Safety Management and Science Conference
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    • 2000.11a
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    • pp.251-254
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    • 2000
  • The critical problem in dealing with multiple characteristics is how to compromise the conflict among the selected levels of the design parameters for each individual characteristic. In this study, First, Methodology using SN ratio optimized by univariate technique is proposed and a parameter design procedure to achieve the optimal compromise among several different response variables is developed. Second, to solve the issue on the optimal design for multiple quality characteristics, this study modelled the expected loss function with cross-product terms among the characteristics and derived range of the coefficients of the terms. The model will be used to determine the global optimal design parameters where there exists the conflict among the characteristics, which shows difference in optimal design parameters for the individual characteristics. Third, this paper propose a decision model to incorporates the values assigned by a group of experts on different factors in weighting decision of characteristic. Using this model, SN ratio of taguchi method for each of subjective factors as well as values of weights are used in this comprehensive method for weighting decision of characteristic.

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Dependency-based Framework of Combining Multiple Experts for Recognizing Unconstrained Handwritten Numerals (무제약 필기 숫자를 인식하기 위한 다수 인식기를 결합하는 의존관계 기반의 프레임워크)

  • Kang, Hee-Joong;Lee, Seong-Whan
    • Journal of KIISE:Software and Applications
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    • v.27 no.8
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    • pp.855-863
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    • 2000
  • Although Behavior-Knowledge Space (BKS) method, one of well known decision combination methods, does not need any assumptions in combining the multiple experts, it should theoretically build exponential storage spaces for storing and managing jointly observed K decisions from K experts. That is, combining K experts needs a (K+1)st-order probability distribution. However, it is well known that the distribution becomes unmanageable in storing and estimating, even for a small K. In order to overcome such weakness, it has been studied to decompose a probability distribution into a number of component distributions and to approximate the distribution with a product of the component distributions. One of such previous works is to apply a conditional independence assumption to the distribution. Another work is to approximate the distribution with a product of only first-order tree dependencies or second-order distributions as shown in [1]. In this paper, higher order dependency than the first-order is considered in approximating the distribution and a dependency-based framework is proposed to optimally approximate the (K+1)st-order probability distribution with a product set of dth-order dependencies where ($1{\le}d{\le}K$), and to combine multiple experts based on the product set using the Bayesian formalism. This framework was experimented and evaluated with a standardized CENPARMI data base.

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