• Journal of the Korea Society for Simulation
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• v.10 no.1
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• pp.35-50
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• 2001

Managing multi-echelon inventory systems has gained importance over the last decade mainly because integrated control of supply chains consisting of several processing and distribution stages has become feasible through modern information technology. Determination of optimal inventory policy for multi-echelon supply chain is made difficult by the complex interaction between the different levels. In this paper, we investigate performance of five inventory policies (fixed quantity order policy, fixed interval order policy, compromised order policy, lead time-fixed quantity order policy, and mixed order policy) in a multi-echelon supply chain by using a simulation model constructed with AweSim simulation language. The results of the simulation study show that the mixed order policy is the best among five inventory policies in the most test problems except the case when the stockout cost per unit is much higher than the inventory holding and transportation costs per unit.

• Journal of Korean Institute of Industrial Engineers
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• v.26 no.2
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• pp.81-87
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• 2000

As for M/G/1 queueing system, we use various control policies, with which we can optimize the system. Up to now the most widely adopted policies are N-Policy, T-Policy, D-Policy, and so on. The existing researches are largely concerned to find an optimal operation condition or to optimize the system under single policy in M/G/1 system. There are, however, few literatures dealing with multiple control policies at once to enhance the flexibility of the model. In this study, we consider M/G/1 system adopting N-Policy and T-Policy simultaneously. If one of two conditions is satisfied, then, the server starts the service. We call this Min(N,T)-Policy. We find the probability distribution of the number of customers and mean waiting time in steady state and derive a cost function. Next, we seek the $N^*$, optimal threshold under various N values. Finally, we reveal the characteristics of cost function.

• Proceedings of the Korean Statistical Society Conference
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• 2002.05a
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• pp.61-66
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• 2002

We consider a generalized N-policy for an M/M/1 queueing system. The idle server starts to work with ordinary service rate when a customer arrives. If the number of customers in the system reaches N, the service rate gets faster and continues until the system becomes empty. Otherwise, the server finishes the busy period with ordinary service rate. We obtain the limiting distribution of the number of customers in the system. After assigning various operating costs to the system, we show that there exists a unique fast service rate minimizing the long-run average cost per unit time.

• Proceedings of the Korean Statistical Society Conference
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• 2004.11a
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• pp.295-300
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• 2004

We consider a G/M/1 queue with two-stage service policy. The server starts to serve with rate of ${\mu}1$ customers per unit time until the number of customers in the system reaches A. At this moment, the service rate is changed to that of ${\mu}2$ customers per unit time and this rate continues until the system is empty. We obtain the stationary distribution of the number of customers in the system.

• Journal of Distribution Science
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• v.10 no.1
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• pp.23-31
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• 2012

The number of small businesses being founded nationally is constantly increasing and various kinds of aggressive efforts are being made to remain competitive. As such, political support by the government for small businesses that have great productivity and competitiveness must increase. The founding of small businesses is being promoted by the government in order to boost the economy, and interest in founding new businesses is high amongst not only college students, but even general workers. Thus, the purpose of this study is to examine problems regarding the founding of small businesses, and to give new businesses a competitive edge by presenting political answers to these problems. After analyzing the status of current issues concerning the foundation of small businesses, this paper suggests some positive policy alternatives. Existing studies on small businesses were focused on the promotion of small and medium distributors, and studies on policy alternatives aimed directly at promoting the businesses are, so far, insufficient. Further studies are required to examine political alternatives from the perspective of the roles of non-profit organizations, which the Government is responsible for, in supporting small business.

• Proceedings of the Korean DIstribution Association Conference
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• 2000.10a
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• pp.91-105
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• 2000

Results of a study of the coordination effect in stocking and promotional markdown policies for a supply chain consisting of a retailer and a discount outlet (DCO) are reported here. We assume that the products are sold in two consecutive periods: Normal Sales Period (NSP) and subsequent Promotional Sales Period (PSP). When managers in the two periods coordinate, they share information on the demand forecast and jointly decide the stocking quantity, markdown time schedule, and markdown price to maximize mutual profit. In the absence of coordination, decisions are decentralized to optimize the individual party's objective function. Optimal coordination policy for the retailer/DCO problem setting is analyzed, and the coordination policy is compared with the uncoordinated policy to explore factors that make coordination an effective approach.

• Korean Management Science Review
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• v.19 no.1
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• pp.107-116
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• 2002

A major challenge to supply chain managers is how to control inventories and costs along the supply chain while maximizing customer service Performance. In the literature, although the optimal management of inventory along the supply chain has received considerable attention during the past decades, the attention has been mainly given to multi-echelon control policies. A prerequisite for applying these policies is full information transparency in the supply chain, which is hard to accomplish in practice because it may require major organizational chanties. In the case that a decentralized control (local (R, S) policy) should be used at each location in multi-stave distribution systems, this paper presents the coordinating approach of determining the best policy which satisfies predetermined target customer service levels and minimizes the mean physical stock along the system.

• Journal of the Korea Safety Management & Science
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• v.9 no.4
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• pp.121-127
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• 2007

CSP(Concurrent Spare Parts) is supplied with the procurement of new equipment or weapon system and is used to sustain the equipment without resupply during the initial coverage period. This study is concerned with a problem of determining the near optimal inventory level of the spare parts, especially Concurrent Spare Parts. For this, we utilize the mixed periodic and continuous review polices considering the CSP and (r,Q) Policies concurrently in a two-echelon distribution system. We propose the mathematical model to minimize the total cost which is composed with ordering cost, purchasing cost, holding cost, and stickout cost. If the mixed policy is compared to other policies(CSP, (r,Q)), the proposed methodology performs well and is best policy in the equipment maintenance expenses.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.20 no.43
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• pp.241-247
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• 1997

This paper is concerned with cost analysis model in free-replacement policy. The free-replacement policy with minimal repair is considered as follows; in a manufacturer's view point operating unit is periodically replaced, if a failure occurs between minimal repair and periodic maintenance time, unit is remained in a failure condition. Also unit undergoes minimal repair at failures in minimal-repair interval. Then total expected cost is calculated according to the parameter of failure distribution in a view of consumer's. The expected costs are included repair cost and usage cost: operating, fixed, minimal repair and loss cost. Numerical example is shown in which failure time of item has weibull distribution.

• Journal of Applied Reliability
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• v.17 no.4
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• pp.316-324
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• 2017

Purpose: The purpose of this study is to determine the replacement cycle applied age replacement policy by reliability analysis based on railway vehicle contactor's failure history data. Method: We performed reliability analysis based on railway vehicle contactor's failure history data. We found a suitable distribution by goodness of fit test and predicted the reliability through estimation of scale & shape parameter. Considering cost information we determined the replacement cycle that minimize the opportunity cost. Result: Suitable distribution was the Weibull and scale parameter & shape parameter are estimated by reliability analysis. The replacement cycle was predicted and MTTF, $B_6$ percentile life were suggested additionally. Conclusion: We confirmed that failure rate type of railway vehicle contactor is degradation model having a time dependent characteristic and examined the replacement cycle in our country's operating environment. We expect that this study result contribute to railway operation agency for maintenance policy decision.