• Title/Summary/Keyword: Holding Cost

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On the Multi-Stage Group Scheduling with Dependent Setup Time (종속적 준비시간을 갖는 다단계 그룹가공 생산시스템에서의 그룹스케듈링에 관한 연구)

  • 황문영
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.17 no.31
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    • pp.115-123
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    • 1994
  • Group scheduling, which is a kind of operations scheduling based on the GT concept is analyzed in a multi-stage manufacturing system. The purpose of this research is to develop and evaluate a heuristic algorithm for determining gro up sequence and job sequence within each group to minimize a complex cost function, i.e. the sum of the total pe-nalty cost for tardiness and the total holding cost for flow time, in a multi-stage manufacturing system with group setup time dependent upon group sequence. A heuristic algorithm for group sc heduling is developed, and a numerical example is illustrated. For the evaluation of the pro-posed heuristic algorithm, the heuristic solution of each of 63 problems is compared with that of random scheduling. The result shows that the proposed heuristic algorithm provides better solution in light of the proposed cost function.

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The Economic Design of the Multi-stage Distribution System Using Different Supplier according to Order Size (주문크기에 따라 다른 공급처를 이용하는 다단계 물류시스템의 경제적 설계)

  • 장석화
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.26 no.1
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    • pp.85-94
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    • 2003
  • In this paper, a mathematical model is developed for economic design of multi-stage distribution system that consists of factory, central distribution centers, local distribution centers and retailers. The retailers are supplied products from different stage suppliers according to order size. The retailers are supplied products from factory if demand amount is large, central distribution center if medium, local distribution center if small. The economic design is to determine the economic size of facility factors that consist of distribution system. The cost factors are transportation cost from supply places to demand places, handling cost at distribution centers and inventory holding cost at retailers. It is to determine the transportation route of each retailer, the size and number of the vehicle at factory and distribution centers, the handling amount at distribution centers in order to minimize the total costs. The mathematical model is represented, the solution procedure is developed, and a numerical example is shown.

A Study on Improving Formability of Stamping Processes with Segmented Blank Holders using Artificial Neural Network and Genetic Algorithm (인공신경망과 유전 알고리즘을 이용한 분할 블랭크 홀더 스탬핑 공정의 성형성 향상에 관한 연구)

  • G. P. Kim;S. D., Goo;M. S. Kim;G. M. Han;S. W. Jun;J. S. Lee;J. H. Kim
    • Transactions of Materials Processing
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    • v.32 no.5
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    • pp.276-286
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    • 2023
  • The field of sheet metal forming using press technology has become essential in modern mass production systems. Draw bead is often used to enhance formability. However, optimal draw bead design often requires excessive time and cost due to iterative experimentation and sometimes results in some defects. Given these challenges, there is a need to enhance formability by introducing segmented blank holders without draw beads. In this paper, the feasibility of a localized holding strategy using segmented blank holders is evaluated without the use of draw beads. The possibility for improving the formability was evaluated by utilizing a combination of the forming limit diagram and the wrinkle pattern-based defect indicators. Artificial neural networks were used for predicting defect indicators corresponding to arbitrary input holding forces and the NSGA-II optimization algorithm is used to find optimum blank holder forces yielding better defect indicators than the original process with drawbeads. Using optimum holding forces obtained from the proposed procedure, the stamping process with the segmented blank holders can yield better formability than the conventional process with drawbeads.

A study on the introduction effect of supply chain strategies using the analysis of enterprise logistics (기업 물류비용의 실증적 분석을 통한 공급사슬 전략의 도입 효과분석)

  • Lee, Jeong;Jeong, Seok-Jae;Kim, Gyeong-Seop
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2007.11a
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    • pp.482-487
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    • 2007
  • As the importance of logistics is increasing, Enterprises design the supply chain(SC) network to minimize the total costs considering inventory holding cost, transportation cost and apply the efficient strategies of supply chain based on SC network Calculating the logistics costs without reflecting the logistics components like the packaging cost, transportation related cost, storage cost, loading & unloading cost, and distribution costs, the companies should have many limitation to calculate the logistics cost of real enterprise and install the SC network reducing them. Therefore, this research is aimed at establishing SC strategies which can be an efficient alternative for a decision making on supply chain, based on existing reference and current logistics networks of 'L' company in Korea and analyzing interaction effects between strategies and influence on logistics cost by these strategies. As the method of analysis, we analyze the interaction effects between strategies as well as install the optimal SC network reflecting concrete logistics components from the viewpoint of total logistics costs. we expect that analysis method of this paper would be applied various industries and used the efficient tools for the decision mating by planing and execution of the logistics budget from enterprises.

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The Use of Particle Swarm Optimization for Order Allocation Under Multiple Capacitated Sourcing and Quantity Discounts

  • Ting, Ching-Jung;Tsai, Chi-Yang;Yeh, Li-Wen
    • Industrial Engineering and Management Systems
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    • v.6 no.2
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    • pp.136-145
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    • 2007
  • The selection of suppliers and the determination of order quantities to be placed with those suppliers are important decisions in a supply chain. In this research, a non-linear mixed integer programming model is presented to select suppliers and determine the order quantities. The model considers the purchasing cost which takes into account quantity discount, the cost of transportation, the fixed cost for establishing suppliers, the cost for holding inventory, and the cost of receiving poor quality parts. The capacity constraints for suppliers, quality and lead-time requirements for the parts are also taken into account in the model. Since the purchasing cost, which is a decreasing step function of order quantities, introduces discontinuities to the non-linear objective function, it is not easy to employ traditional optimization methods. Thus, a heuristic algorithm, called particle swarm optimization (PSO), is used to find the (near) optimal solution. However, PSO usually generates initial solutions randomly. To improve the PSO solution quality, a heuristic procedure is proposed to find an initial solution based on the average unit cost including transportation, purchasing, inventory, and poor quality part cost. The results show that PSO with the proposed initial solution heuristic provides better solutions than those with PSO algorithm only.

A Study on the Introduction Effect of Supply Chain Strategies Using the Analysis of Enterprise Logistics (기업 물류비용의 실증적 분석을 통한 공급사슬 전략의 도입 효과분석)

  • Lee, Jeong;Jeong, Suk-Jae;Kim, Kyung-Sup
    • Korean Management Science Review
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    • v.25 no.2
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    • pp.89-109
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    • 2008
  • As the importance of logistics is increasing, Enterprises try to design the supply chain(SC) network to minimize the total costs considering inventory holding cost, transportation cost and apply the efficient strategies of supply chain based on SC network. Despite of this efforts, Calculating the logistics costs without reflecting the real components of logistics like the packaging cost, transportation related cost, storage cost, loading & unloading cost, and distribution costs, the companies has many limitation to calculate the logistics cost of real enterprise. For overcoming such problem, this paper is aimed at establishing SC strategies which can be an efficient alternative for a decision making on supply chain, based on existing reference and current logistics networks of 'L' company in Korea. Also, we analyze the interaction effects between strategies as well as install the optimal SC network reflecting concrete logistics components from the viewpoint of total logistics costs using the simulation and statistic methods. we expect that analysis results of this paper would be applied various industries and be utilized to the efficient tools for the decision making by planing and execution of the logistics budget from enterprises.

Conceptual Framework and Evaluation of Current Cost Accounting (현행원가회계의 개념구조와 평가)

  • 이정록
    • Journal of the Korea Society of Computer and Information
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    • v.3 no.2
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    • pp.229-238
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    • 1998
  • Current cost income is composed of current operating profit and holding gains. There is two viewpoints about the nature of current cost changes: earnings and capital adjustments. The former is based on the financial capital maintenance concept, while the latter is based on the physical capital maintenance concept. Proponents of current cost accounting are convinced that it provides more useful information than conventional accounting. Advocates of financial capital believe that current cost information is needed for management to evaluate their past decisions, and thereby be able to improve their decision-making ability. Defenders of historical cost point out that current cost accounting violates the traditional revenue recognition principle by recognising increases in the value of assets before sales.

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(r, Q) Policy for Operation of a Multipurpose Facility (단일 범용설비 운영을 위한 (r, Q) 정책)

  • ;Oh, Geun-Tae
    • Journal of the Korean Operations Research and Management Science Society
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    • v.17 no.3
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    • pp.27-46
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    • 1992
  • This paper considers an (r, Q) policy for operation of a multipurpose facility. It is assumed that whenever the inventory level falls below r, the model starts to produce the fixed amount of Q. The facility can be utilized for extra production during idle periods, that is, when the inventory level is still greater than r right after a main production operation is terminated or an extra production operation is finished. But, whenever the facility is in operation for an extra production, the operation can not be terminated for the main production even though the inventory level falls below r. In the model, the demand for the product is assumed to arrive according to a compound Poisson process and the processing time required to produce a product is assumed to follow an arbitary distribution. Similarly, the orders for the extra production is assumed to accur in a Poisson process are the extra production processing time is assumed to follow an arbitrary distribution. It is further assumed that unsatisfied demands are backordered and the expected comulative amount of demands is less than that of production during each production period. Under a cost structure which includes a setup/ production cost, a linear holding cost, a linear backorder cost, a linear extra production lost sale cost, and a linear extra production profit, an expression for the expected cost per unit time for a given (r, Q) policy is obtained, and using a convex property of the cost function, a procedure to find the optimal (r, Q) policy is presented.

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Distribution Planning for a Two-Echelon Distribution System under Fill Rate Constraints (Fill Rate 제약이 존재하는 2단계 분배형 시스템에서의 분배 계획)

  • Kwon, Ick-Hyun;Kim, Sung-Shick;Kim, Chang-Ouk
    • Journal of the Korean Operations Research and Management Science Society
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    • v.31 no.4
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    • pp.125-138
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    • 2006
  • This paper considers a periodic review, two-echelon inventory system with one central warehouse and several re-tailers facing normally distributed demand. The goal is to attain target fill rates, while the systemwide total holding costs are minimized. An important aspect of this problem is material rationing in the case of shortages. If a central warehouse has insufficient inventory to deliver all replenishment orders to retailers, all order quantities are should be adjusted according to some rationing rule. A simple but efficient rationing rule is proposed and compared with the Balanced Stock (BS) rationing as introduced by Heijden which is known to be the best rationing policy in the literature. Numerical results show that the proposed rationing rule is more cost effective than BS rationing, especially for the differences in holding costs between retailers are large.

Low Power and Small Area Holding Latch with Level Shifting Function Using LTPS TFTs for Mobile Applications

  • Choi, Jung-Hwan;Kim, Yong-Jae;Ahn, Soon-Sung;Kwon, Oh-Kyong
    • 한국정보디스플레이학회:학술대회논문집
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    • 2006.08a
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    • pp.1283-1286
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    • 2006
  • A holding latch with level shifting function is proposed for power and cost effectiveness with low temperature polycrystalline silicon technology on the glass backplane. Layout area and power consumption of the proposed circuit are reduced by 10% and 52% compared with those of the typical structure which combines a static D-latch and a cross coupled level shifter for 2.2" qVGA panel, respectively.

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