• Title/Summary/Keyword: Base-Stock Policy

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Design and Performance Evaluation of an Assemble-To-Order System (주문- 조립시스템의 설계 및 성능평가)

  • 박찬우;이효성
    • Journal of the Korean Operations Research and Management Science Society
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    • v.27 no.4
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    • pp.41-65
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    • 2002
  • We study a multi-component production/inventory system in which individual components are made to meet various demand types. We assume that the demands arrive according to a Poisson process, but there is a fixed probability that a demand requests a particular kit of different components. Each component is produced by a flow line with several stations in which the processing times of each station follow a two-stage Coxian distribution. The production of each component is operated by an independent base-stock policy with blocking. We assume that the time needed to assemble final products follows a general distribution and the capacity of an assembling facility is sufficiently large. The objective of this study is to obtain key performance measures such as the distribution of the number of each orders for each final product and the mean time of fulfilling a customer order. The basic principle of the proposed approximation method is to decompose the original system into a set of subsystems, each subsystem being associated with a flow line. Each subsystem is analyzed in isolation using a Marie's method. An iterative procedure is then used to determine the unknown parameters of each subsystem. Numerical results show that the accuracy of the approximation method is acceptable.

The Trend of Tax Avoidance: Evidence from Manufacturing Companies in Indonesia

  • OKTAVIANI, Rachmawati Meita;LUKITO, Pratiwi Chyntia;ZULAIKHA, Zulaikha;YUYETTA, Etna Nur Afni
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.2
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    • pp.169-175
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    • 2022
  • Unexpected events, such as the COVID-19 pandemic, can occur at any time and have an influence on all countries. The COVID-19 pandemic has infected more than 200 nations, including Indonesia. As a result of this phenomenon, Indonesia's state revenue system will need to be adjusted. Therefore, the goal of this research is to see if there are any differences in taxation in Indonesia as a result of the COVID-19 incident. The data was collected using the base years of 2018, 2019, and 2020. The information came from the financial statements of companies in the industrial sector that are publicly traded on the Indonesian Stock Exchange (IDX). Purposive sampling was used, and there were 54 companies represented in the samples that met the criterion. In this study, the difference test was used as an analytical technique. According to the findings, there was no difference in the pattern of tax avoidance between pre-COVID-19 in 2019 and during the COVID-19 period in terms of leverage and fixed asset intensity. It occurred because the tax avoidance policy was implemented as a short-term fiscal strategy to ensure the company's existence. Finally, because these findings were restricted to the Indonesian environment, their generalizability was limited.

Application and Policy Direction of Blockchain in Logistics and Distribution Industry (물류 및 유통산업의 블록체인 활용과 정책 방향)

  • Kim, Ki-Heung;Shim, Jae-Hyun
    • The Journal of Industrial Distribution & Business
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    • v.9 no.6
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    • pp.77-85
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    • 2018
  • Purpose - The purpose of this study is to subdivide trade transaction-centered structure in a logistics/distribution industry system to apply blockchain, to establish and resolve with which types of technology, and to provide policy direction of government institution and technology to apply blockchain in this kind of industry. Research design, data, and methodology - This study was conducted with previous researches centered on cases applied in various industry sectors on the basis of blockchain technology. Results - General fields of blockchain application include digital contents distribution, IoT platform, e-Commerce, real-estate transaction, decentralized app. development(storage), certification service, smart contract, P2P network infrastructure, publication/storage of public documents, smart voting, money exchange, payment/settlement, banking security platform, actual asset storage, stock transaction and crowd funding. Blockchain is being applied in various fields home and abroad and its application cases can be explained in the banking industry, public sector, e-Commerce, medical industry, distribution and supply chain management, copyright protection. As examined in the blockchain application cases, it is expected to establish blockchain that can secure safety through distributed ledger in trade transaction because blockchain is established and applied in various sectors of industries home and abroad. Parties concerned of trade transaction can secure visibility even in interrupted specific section when they provide it as a base for distributed ledger application in trade and establish trade transaction model by applying blockchain. In case of interrupted specific section by using distributed ledger, blockchain model of trade transaction needs to be formed to make it possible for parties concerned involved in trade transaction to secure visibility and real-time tracking. Additionally, management should be possible from the time of contract until payment, freight transfer to buyers through land, air and maritime transportation. Conclusions - In order to boost blockchain-based logistics/distribution industry, the government, institutionally, needs to back up adding legal plan of shipping, logistics and distribution, reviewing standardization of electronic switching system and coming up with blockchain-based industrial road maps. In addition, the government, technologically, has to support R&D for integration with other high technology, standardization of distribution industry's blockchain technology and manpower training to expand technology development.

A Prioritized call Admission for supporting voice Activated/Controlled Services in Cellular CDMA Systems (셀룰러 CDMA 시스템에서의 음성제어 서비스 지원을 위한 우선 순위 호 수락제어)

  • 위성철;김동우
    • The Journal of the Acoustical Society of Korea
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    • v.22 no.3
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    • pp.242-249
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    • 2003
  • When special voice control application services (VCS) such as voice-controlled web browsing or voice-controlled stock transactions are introduced in cellular systems, a channel quality better than that for ordinary voice communications service (OVS) is necessary in order to keep a suitable grade of VCS. To avoid ai. congestion, calls are normally admitted if there exists a channel-processing resource not occupied by other calls in the base as well as the interference level at the receiver is not higher than a predefined threshold. The threshold is usually 10㏈ noise-rise over the background noise level for voice communications service. When the base admits VCS attempts in exactly the same manner as it handles OVS calls. the same fraction of those will be not successful in taking the channel and then blocked. If the same noise-rise threshold is used as 10 ㏈, however, the admitted VCS calls might suffer from bad channel qualify and finally be dropped. From the user's point of view, the forced termination of ongoing calls is significantly undesirable than blocking new call attempts. When using a lower noise-rise threshold for VCS. on the other hand, the blocking probability of VCS gets higher than that of OVS. In this paper, a call admission policy that gives a priority to VCS is considered in order to reduce the blocking probability and keep an adequate channel quality.