• Journal of the Korea Society for Simulation
• /
• v.25 no.4
• /
• pp.65-75
• /
• 2016

Unused spare parts of military equipments which have been kept in the warehouse for a long term have been recognized as wasting of defense budget which also decreased people's confidence in the field of national defence. It is known that overstock is caused by information distortion and bullwhip effect from downstream to upstream in the logistic support as is like business cases. After upgrading the logistic information system, it is possible for Army Logistics Command(ALC) to know demand information of end-user which is the key factor to reduce bullwhip effect. However, inventory is still overstocked and stock-out at the same time. Previous studies have not accounted for these phenomenons and have mainly focused on forecasting inventory level instead of budgetary process(budget period, PROLT, ASL/N-ASL). Thus, this study focuses on the information distortion, overstock and stock-out which caused by budgetary process in the logistic support with system dynamics and simulation.

• The Journal of Fisheries Business Administration
• /
• v.49 no.4
• /
• pp.19-36
• /
• 2018

Overstock in aquaculture is a matter of concern in aquaculture management. To sort fish based on fingerling size in case of overstocking is an important problem in aquaculture farm. This study aims to determine the amount of fry overstock and sorting time in aquaculture farm. This study builds a mathematical model that finds the value of decision variables to optimize objective function summing up the fingerling purchasing cost, aquaculture farm operating cost and feeding cost under mortality and farming period constraints. The proposed mathematical model involves following biological and economical variables and coefficients: (1) number of fingerlings, (2) sorting time, (3) fish growth rate and variation, (4) mortality, (5) price of a fry (6) feeding cost, and (7) possible sorting periods. Numerical simulation is presented herein. The objective of numerical simulation is to provide decision makers to analyse and comprehend the proposed model. When extensive biological data about growth function of fry becomes available, the proposed model can be widely applicable to real aquaculture farms.

• Journal of Intelligence and Information Systems
• /
• v.19 no.2
• /
• pp.21-38
• /
• 2013

The purpose of this study is to investigate the influence of behavioral factors (buyer's tendency to reflect stockout and overstock experiences in ordering decision) on the supply chain performance. This study employs system dynamics to examine the influence of these behavioral factors derived from the interview with several representatives of retailers in South Korea. The results show that different contract can bring different performance (total profit, seller's profit, buyer's profit, order quantity, sales quantity, overstock, and stockout). The results also suggest that these behavioral factors play a significantly influential role in the performance of supply contract. These results imply that supply contract should be established based on the analysis of behavioral factors of supply chain participants.

• Journal of Korean Society of Industrial and Systems Engineering
• /
• v.36 no.4
• /
• pp.100-108
• /
• 2013

In aerospace industry, MTBF (Mean Time Between Failure) and MFTBF (Mean Flight Time Between Failure) are generally used for reliability analysis. So far, especially to Korean military aircraft, MFTBF of avionic equipments is predicted by MIL-HDBK-217 and MIL-HDBK-338, however, the predicted MFTBF by military standard has a wide discrepancy to that of real-world operation, which leads to overstock and increase operation cost. This study analyzes operational data of avionic equipments. Operational MFTBF, which is calculated from operational data, is compared with predicted MFTBF calculated conventionally by military standard. In addition, failure rate trend is investigated to verify reliability growth in operational data, the investigation shows that failure rate curve from operational data has somewhat pattern with decreased failure rate and constant failure rate.

• Journal of Korean Society for Quality Management
• /
• v.42 no.4
• /
• pp.633-646
• /
• 2014

Purpose: The conventional predicted MFTBF by military standard has a wide discrepancy to that of real-world operation, which leads to overstock and increase operation cost. This paper introduces a analyzing frame using operational reliability and cost data to overcome the discrepancy, and provides reliability improvement process employing the analyzing frame. Methods: This paper suggests Reliability-Cost Matrix (R-C Matrix) and Operational Reliability & Cost Index (ORCI) as a tool for reliability evaluation. Results: KOREIP(KAI's Operational Reliability Evaluation and Improvement Process) is developed employing Reliability-Cost Matrix and Operational Reliability & Cost Index. Conclusion: KOREIP provides a process and its activities based on Reliability-Cost Matrix frame. The process and activities leads reliability improvement of aerospace electronic equipments by means of categorizing and follow-up action based on the concept of frame.

• Journal of the Korean Society of Costume
• /
• v.54 no.4
• /
• pp.15-26
• /
• 2004

The study was done to provide domestic fashion multi-shops with basic Information about the distribution and the promotion strategies through an investigation the marketing strategies for domestic multi-shop dealt with imported product only. Data were collected from Interview with a buyer or a staff of marketing department of Domestic Fashion Multi-shop dealt with Imported Product only. The results were as follows： For the distribution strategies, these fashion multi-shops as chosen were all placed in department stores. Their distribution channels were diverse like road shop, shop in department store and shop under direct management of department store. In case of shop in department store, it was common that the shop paid a definite commission to the department store. But S shop was managed directly by a department store as an advanced buying system that department store bought and sold goods and held themselves responsible for overstock. For the promotion strategies, these fashion multi-shops didn't make a definite budget for advertising and publicity contrary to other one-brands. But they attached importance to visual merchandising (VMD) because they had to harmonized the concept of a shop with various brands. Also they concentrated on seasonal fashion show, management of their customers and personal sales.

• Journal of Korean Library and Information Science Society
• /
• v.54 no.3
• /
• pp.81-104
• /
• 2023

This study is a case study in which collection performance evaluation was attempted using key performance indicators presented by EBSM or collectionHQ, taking three public libraries located in Geumjeong-gu, Busan as examples. Focusing on the collection performance evaluation, which evaluates the performance of the collection, not only the evaluation of individual libraries, but also the differences in the evaluation results of libraries were reviewed. The key performance indicators used are grubby items, dead items, popular author provision, popular subject provision, overstocked subject areas and understocked subject areas. The main analysis results are as follows. First, in the evaluation of the grubby items, the ratio of grubby items out of all items in all three libraries was low. Second, in the case of all dead items, the ratio was high in all three libraries, It exceeded the base value suggested by collectionHQ. Third, the Top 10 popular authors were identified, and there were differences among libraries. Fourth, in the evaluation of provision of popular subject areas, all three libraries had almost no popular subject areas. Fifth, in the evaluation of overstocked subject areas, there was no overstock at Geumsaem Library, but many at Geumjeong Library and Seodong Library. Sixth, in the subject area evaluation of understocked inventory, only Geumsaem Library showed a lack of inventory.