• Title/Summary/Keyword: Demand risk

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Longevity Determinants of Embroidery Enterprises in Taal, Batangas, Philippines

  • Padua, Divine Krizza B.;Cabardo, Jewel Joanna S.;Madamba, Jeanette Angeline B.;Williams, Jimmy B.
    • Asia-Pacific Journal of Business
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    • v.7 no.1
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    • pp.11-30
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    • 2016
  • The study specifically aimed to identify factors affecting business longevity. It focused on knowing how embroidery enterprises managed to persist in the industry for many years despite the competitive business environment. After discovering the significant relationships of such factors to longevity, problems experienced by the enterprise cluster were ascertained in order to come up with recommendations that can be proposed to the enterprise owners. Embroidery entrepreneurs have been experiencing a continuous decline in sales due to lack of innovation and intense competition. In the evaluation of their personal entrepreneurial competencies, they scored low on risk-taking, persuasion and networking, and opportunity seeking; thus, implying that these are their weaknesses. On the other hand, the statistical results of this study say that longevity is a function of the entrepreneur's competencies (i.e., persistence, commitment to work contract, demand for quality and efficiency, information seeking, and systematic planning or monitoring), the generation currently managing the business, competition, and the customer's preferences. These results suggest that these independent variables are significant and are deemed critical to business longevity. Thus, entrepreneurs have to find ways on how to use these competencies as an advantage in reinventing their businesses and in reviving their industry.

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Multi-level UnderVoltage Load Shedding Scheme Considering Rate of Change of Voltage for Voltage Stability (전압 변동률을 고려한 수도권 전압 안정화 다단계 부하차단 적용 방안)

  • Lee, Yun-Hwan;Kim, Tae-Gyun;Kim, Ji-Hun;Lee, Byong-Jun;Kang, Bu-Il;Cho, Jong-Man
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.58 no.12
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    • pp.2335-2341
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    • 2009
  • High technique growth of modem times and high industrial facility in consequence of buildings demand for electric power of an extensive scale with stability supply and maintenance of high quality. But, power system always have risk of network contingency. When power system break out disturbance, it circumstantially happen like uncontrolled loss of load developing from of cascading. Severely which would be raised wide area blackout, plan to prevent, which make stability through a little of load shedding and multi-level UnderVoltageLoadShdding should work. This paper presents target, sensitivity of bus voltage have choose appropriating load shedding location and load shedding decision making logic with considering rate of change of voltage have studied multi-level under voltage load shedding scheme. Calculation of rate of change of voltage applied method of least square. As a result, we are studied an dynamic analysis of 2008 summer peak data. We have been known that network analysis is a little development and developing UnderVoltageLoadShedding scheme.

Genetic Algorithm-Based Coordinated Replenishment in Multi-Item Inventory Control

  • Nagasawa, Keisuke;Irohara, Takashi;Matoba, Yosuke;Liu, Shuling
    • Industrial Engineering and Management Systems
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    • v.12 no.3
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    • pp.172-180
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    • 2013
  • We herein consider a stochastic multi-item inventory management problem in which a warehouse sells multiple items with stochastic demand and periodic replenishment from a supplier. Inventory management requires the timing and amounts of orders to be determined. For inventory replenishment, trucks of finite capacity are available. Most inventory management models consider either a single item or assume that multiple items are ordered independently, and whether there is sufficient space in trucks. The order cost is commonly calculated based on the number of carriers and the usage fees of carriers. In this situation, we can reduce future shipments by supplementing items to an order, even if the item is not scheduled to be ordered. On the other hand, we can reduce the average number of items in storage by reducing the order volume and at the risk of running out of stock. The primary variables of interest in the present research are the average number of items in storage, the stock-out volume, and the number of carriers used. We formulate this problem as a multi-objective optimization problem. In a numerical experiment based on actual shipment data, we consider the item shipping characteristics and simulate the warehouse replenishing items coordinately. The results of the simulation indicate that applying a conventional ordering policy individually will not provide effective inventory management.

Nonlinear seismic analysis of a super 13-element reinforced concrete beam-column joint model

  • Adom-Asamoah, Mark;Banahene, Jack Osei
    • Earthquakes and Structures
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    • v.11 no.5
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    • pp.905-924
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    • 2016
  • Several two-dimensional analytical beam column joint models with varying complexities have been proposed in quantifying joint flexibility during seismic vulnerability assessment of non-ductile reinforced concrete (RC) frames. Notable models are the single component rotational spring element and the super element joint model that can effectively capture the governing inelastic mechanisms under severe ground motions. Even though both models have been extensively calibrated and verified using quasi-static test of joint sub-assemblages, a comparative study of the inelastic seismic responses under nonlinear time history analysis (NTHA) of RC frames has not been thoroughly evaluated. This study employs three hypothetical case study RC frames subjected to increasing ground motion intensities to study their inherent variations. Results indicate that the super element joint model overestimates the transient drift ratio at the first story and becomes highly un-conservative by under-predicting the drift ratios at the roof level when compared to the single-component model and the conventional rigid joint assumption. In addition, between these story levels, a decline in the drift ratios is observed as the story level increased. However, from this limited study, there is no consistent evidence to suggest that care should be taken in selecting either a single or multi component joint model for seismic risk assessment of buildings when a global demand measure such as maximum inter-storey drift is employed in the seismic assessment framework.

Seismic performance of RC frames retrofitted with haunch technique

  • Akbar, Junaid;Ahmad, Naveed;Alam, Bashir;Ashraf, Muhammad
    • Structural Engineering and Mechanics
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    • v.67 no.1
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    • pp.1-8
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    • 2018
  • Shake table tests performed on five 1:3 reduced scale two story RC moment resisting frames having construction defects, have shown severe joint damageability in deficient RC frames, resulting in joint panels' cover spalling and core concrete crushing. Haunch retrofitting technique was adopted herein to upgrade the seismic resistance of the deficient RC frames. Additional four deficient RC frames were built and retrofitted with steel haunch; both axially stiffer and deformable with energy dissipation, fixed to the beam-column connections to reduce shear demand on joint panels. The as-built and retrofitted frames' seismic response parameters are calculated and compared to evaluate the viability of haunch retrofitting technique. The haunch retrofitting technique increased the lateral stiffness and strength of the structure, resulting in the increase of structure's overstrength. The retrofitting increased response modification factor R by 60% to 100%. Further, the input excitation PGA was correlated with the lateral roof displacement to derive structure response curve that have shown significant resistance of retrofitted models against input excitations. The technique can significantly enhance the seismic performance of deficient RC frames, particularly against the frequent and rare earthquake events, hence, promising for seismic risk mitigation.

Using an Evaluative Criteria Software of Optimal Solutions for Enterprise Products' Sale

  • Liao, Shih Chung;Lin, Bing Yi
    • Journal of Distribution Science
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    • v.13 no.4
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    • pp.9-19
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    • 2015
  • Purpose - This study focuses on the use of evaluative criteria software for imprecise market information, and product mapping relationships between design parameters and customer requirements. Research design, data, and methodology - This study involved using the product predicted value method, synthesizing design alternatives through a morphological analysis and plan, realizing the synthesis in multi-criteria decision-making (MCDM), and using its searching software capacity to obtain optimal solutions. Results - The establishment of product designs conforms to the customer demand, and promotes the optimization of several designs. In this study, the construction level analytic method and the simple multi attribute comment, or the quantity analytic method are used. Conclusions - This study provides a solution for enterprise products' multi-goals decision-making, because the product design lacks determinism, complexity, risk, conflict, and so on. In addition, the changeable factor renders the entire decision-making process more difficult. It uses Fuzzy deduction and the correlation technology for appraising the feasible method and multi-goals decision-making, to solve situations of the products' multi-goals and limited resources, and assigns resources for the best product design.

Useful Effects of Fumed Silica Nanoparticles in an Ionic Liquid Electrolyte for High Temperature Supercapacitor (고온작동 수퍼커패시터용 이온성 액체 전해질에서의 흄드 실리카의 효과)

  • Kim, Dong Won;Jung, Hyunyoung
    • Korean Journal of Materials Research
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    • v.28 no.1
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    • pp.43-49
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    • 2018
  • The demand for energy storage devices capable of operating at high temperatures is increasing. In order to operate at high temperatures, a device must have excellent thermal stability and no risk of explosion. Ionic liquids are electrolytes that satisfy the above conditions, and studies on improving their performance have attracted great interest. Here, we report the results of a study on the fabrication of a supercapacitor that has a composite electrolyte prepared by dispersing fumed silica in an ionic liquid. The fumed silica filler exhibits improved ionic conductivity and lower interfacial resistance. In particular, the silica nanoparticles with diameters of 10 nm exhibit better electrochemical properties than fillers of other diameters and have excellent device performance of 33 times higher than the pristine ionic liquid at high temperatures. This study can be used to improve the electrolytes of electrochemical devices, such as the next generation battery or lithium ion battery.

Research on Participation Plans of Professional Consultants by Staege to Prevent Defects in Stone Constructions (석재공사의 하자예방을 위한 전문 컨설턴트의 단계별 참여방안에 관한 연구)

  • Kim, Jong-Phil;Kim, Geun-Hwan;Jang, Kil-San
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2017.05a
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    • pp.258-259
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    • 2017
  • As the use of advanced quality materials in constructions has been increasing since 1980 with the improvements in the quality of life and economic scale, there has been drastic increase in constructions using stones for the internal and external construction materials. However, the reality is where many problems rise due to improper construction and management of uncertified stones which shorten the expiry date of the stones and act as the factor causing defects in buildings. Such defects not only bring economic losses but also influence consumer choice and act as risk factors to demand expansion of stone market. Therefore, the object of this study lies on proposing plans to prevent personal and economical losses due to repetitive defects by deriving the types of defects generated by process in stone constructions and identify the causes. Also, proposing construction process management plans as the measure for defect prevention, analyzing problems of stone constructions followed by the whole proves of design, construction and maintenance of stones, and solving such problems through appropriate participation of professional consultants depending on situations.

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Evolutional Process of Economic Integration In The U. S. Broiler Industry (미국브로일러산업의 경제통합전개과정)

  • 박영인
    • Korean Journal of Poultry Science
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    • v.12 no.2
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    • pp.119-126
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    • 1985
  • The purpose of the study is to review the evolutional process of the U.S. broiler industry into the integrated production and marketing systems and to examine the factors influenced such a structural change over the Past half a century. The study is also carried out under the consideration that the experience gained by the integrated U.S. broiler industry could be utilized in applying the system to any non-integrated broiler industries like one in Korea. The U.S. broiler industry has been prevailed in the typical independent operation of all stages, from factor supply through growing to dressing and marketing until such time as growers began to suffer from financial difficulties right after the end of the World Wat II due mainly to lowered price of broilers stemmed from whopping decrease of the demand, which eventually reflected to the allied agribusiness sectors. The feed business field was the first reactor to this situation so that a kind of measures was taken to cope with the problems faced in such a way to provide extended credit on feeds first and help obtain chicks or sell broilers later. This trend has been practiced for broiler related agribusiness through late 1940's to work together with growers by coordinating its function between two or more stages involved in broiler production and marketing process as a means of spreading risk and sharing profit between stages Participated. The integrated system and contract farming thus became Popular across the country through mid 1950's.

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Study on Applicability of Multi-Criteria Decision Making Technique for Malfunctioning Reservoir Selection (기능저하 저수지 선정을 위한 다기준 의사결정기법 적용성 연구)

  • Shim, Hyun Chul;Choi, Kyung Sook
    • Journal of The Korean Society of Agricultural Engineers
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    • v.59 no.3
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    • pp.11-19
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    • 2017
  • The decision-making process is the act of finding the best solution among various alternatives through comparison between various criteria based on objectives of the project, evaluation standard, and conditions. However, in practice it is not easy to simply decide the optimum decision, especially for selecting malfunctioning reservoirs because no systematic evaluation criteria or standard assessment process are available. Therefore, this study adopted AHP method, which is a MCDM (multi-criteria decision making technique) to identify the malfunctioning reservoirs for efficient management of reservoirs. Important criteria of the selection of malfunctioning reservoirs and priority weights of each criteria were determined based on results of expert's survey under a stepwise hierarchical approach. The most important factor for the decision of malfunctioning reservoirs was obtained as Reservoir efficiency among the selected criteria including Reservoir efficiency decrease, Disaster Risk, Reservoir efficiency, Available water storage, Future water demand, Resident Needs. The AHP technique was applied on 11 reservoirs in Andong region to verify its applicability. Scoring method was applied for the comparison with the results of AHP method.