• Industrial Engineering and Management Systems
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• v.15 no.4
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• pp.403-431
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• 2016

The objective of this study is to integrate the business, maintenance and production processes of a manufacturing system by incorporating errors. First, the required functions are estimated according to the historical data. The system activities are simulated by Visual SLAM software and the required outputs are obtained. Several outputs including lead times in different dimensions, total cost and production rates are computed through simulation. Finally, data envelopment analysis (DEA) is utilized in order to select the best option between the defined scenarios due to the multi-criteria feature of the problem. This is the first study in which the lead times, cost and production rates are simultaneously considered in the integrated system imposed of business, maintenance and production processes by incorporating errors. In the current study, the major bottlenecks of the system being studied are identified and suggested different strategies to improve the system and make the best decision.

• Journal of the Korean Regional Science Association
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• v.8 no.1
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• pp.119-130
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• 1992

Many of the industrialized countries since the 1970s have been experiencing the change in the industrial structure due to technological development, that is, from Fordism to post-Fordism, or to "flexible production system". Regional development has been undergoing some changes according to the different industrial production systems. During the Fordist mass production period, the manufacturing belt was the core region of the production system. As the system shifts to flexible production system of which characteristics are veritcal disintegration, emphasis for JIT(just-in-time) delivery system, part-time and short-time labor contracts, design-intensive industries, etc, the new system requires the new production core and has produced the new industrial spaces, such as Sunbelt cities, suburbs, small-or medium-sized cities, and non-metropolitan areas. In the perspective of global system, the Fordist production system made th NICs developed, because the mass production required many unskilled and low-wage workers. As the NICs exports of manufactured goods have incredibly expanded during the 1970s, the industrialized countries have become threatened. The industriablized countries have restructured their economies and international policies. Such restructures resulted in the economic depression of the NICs. The investment pattern of the industrialized countries has changed and particularly those industries adopting the Post-Fordism have invested from the NICs to the peripheral areas of their own countries or toward the underdeveloped countries which have much lower wage workers. The investment pattern of the NICs is also undergoing some changes like from metropolitian areas to small or non-metropolitan regions. The regional development since the post-Fordist production is still going on, thus it is not possible to generalize the tendency. That could be a particular phenomenon or a stage in the long-term cycle. But the regional development in the world system since 1980s definitely shows the different pattern.t pattern.

• Journal of Service Research and Studies
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• v.6 no.1
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• pp.83-95
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• 2016

We examine the information transmission between the Service Industrial Production Index and the Service Industrial Wholesale and Retail Index, based on the returns data offered by the Korea Bank. The data includes daily return data from January 2000 to September 2015. Utilizing a dynamic analytical tool-the VAR model, Granger Causality test, Impulse Response Function and Variance Decomposition have been implemented. The results of the analysis are as follows. Firstly, results of Granger Causality test suggests the existence of mutual causality the Service Industrial Production Index precede and have explanatory power the Service Industrial Wholesale and Retail Index However the results also identified a greater causality and explanatory power of the Service Industrial Wholesale and Retail Index over the Service Industrial Production Index. Secondly, the results of impulse response function suggest that the Service Industrial Production Index show immediate response to the Service Industrial Wholesale and Retail Index and are influenced by till time 5 From time 2, the impact gradually disappears. Also the Service Industrial Wholesale and Retail Index show immediate response to the Service Industrial Production Index and are influenced by till time 2.5, the impact gradually disappears. Lastly, the variance decomposition analysis shows that the changes of return of Service Industrial Production Index are dependent on those of the Service Industrial Wholesale and Retail Index. This implies that returns on the Service Industrial Production Index have a significant influence over returns on the Service Industrial Wholesale and Retail Index. It contributes to the understanding of market price formation function through analysis of detached the Service Industrial Production Index and Service Industrial Wholesale and Retail Index. Finally, our results can be used as a guide by the Korea Bank and Republic of Korea and as well as Statistics Korea.

• IE interfaces
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• v.16 no.4
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• pp.463-472
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• 2003

In this study we consider the problem of MPS(master production planning) of TFT-LCD(Thin Film Transistor - Liquid Crystal Display) production factory. Due to the complexities of the TFT-LCD production processes, it is difficult to build effective MPS. This study presents an algorithm having a concept of IDPQ(Ideal Daily Production Quantity) that considers line balancing of TFT-LCD production process. In general, the MPS building procedure does not consider line balancing in non-bottleneck processes. MPS without considering line balancing may make ineffective schedule. We present algorithms for building MPS considering factory capacity and line balancing according to the sales order.

• Proceedings of the Korean Operations and Management Science Society Conference
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• 2003.05a
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• pp.1-7
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• 2003

This paper considers an Integrated one-vendor multi-buyer production-inventory model where the vendor manufactures multiple products In lot at Her associated finite production rates In the model. It is allowed for earth product to be shipped In lot to the buyers before the whole product production is not completed yet. Each product lot is dispatched to the associated buyer In a number or shipments. The buyers consume their products at fixed rates. The objective is to the production and shipment schedules in the Integrated system. which minimizes the mean total annual cost per unit time. The mean total annual cost consists or production setup cost inventory holding cost and shipment cost. For the model, an Iterative optimal solution procedure with shipment consolidation policy incorporated is derived. It is then tested through numerical experiments to show how efficient and effective He shipment consolidation policy is.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.23 no.56
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• pp.19-34
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• 2000

Impact of business process re-engineering requires the fundamental rethinking of how information systems are analyzed and designed. It is no longer sufficient to establish a monolithic system for fixed business environments. Information systems must be adaptive in nature. This demand is also applied in production domain. Enabling concept for the adaptive information system is reusability. This paper presents a new object-oriented analysis process for creating such reusable software components in production domain, especially for production planning and scheduling. Our process called MeCOMA is based on three meta-models: physical object meta-model, data object meta-model, and activity object meta-model. After the three meta-models are extended independently for a given production system, they are collaboratively integrated on the basis of integration pattern. The main advantages of MeCOMA are (1) to reduce software development time and (2) to consistently build reusable production software components.

• Journal of Korean Institute of Industrial Engineers
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• v.40 no.6
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• pp.580-591
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• 2014

This is a report on the history and current status of production planning and control activities in South Korea with regard to Industrial Engineers' (IEs') role. One of the main characteristics of Korean global companies is that they make good use of IEs not only in their production but also in higher strategic fields like supply chain management. In these companies it is well demonstrated that instead of adding small part of IE skills to traditional engineers, it is much more competitive to have IEs work with them as a team since IEs are fully proficient in every kind of productivity and quality improvement tools. It is also observed that IEs become more productive when they have good domain knowledge in their own industries like semi-conductor, automobile, telecommunications, steel, shipbuilding, etc. So teaching the basics for manufacturing processes to IE students seems very important for their future career development.

• The Journal of Asian Finance, Economics and Business
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• v.7 no.10
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• pp.555-569
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• 2020

This study examines the impact of corporate tax, a fiscal measure along with trade liberalization and research and development on total factor productivity for a panel of 153 industrial firms listed on the Pakistan Stock Exchange over the period 1997-2017. For empirical analysis, we employ the system generalized method of moment estimator. In the first step, we estimate industrial production function and the results reveal that raw material, industrial labour force and energy play vital role in enhancing industrial production. Whereas, industrial capital exerts negative impact on industrial output. We also measured total factor productivity using the production elasticities. In the second step, we examine the impact of corporate tax, trade liberalization and research and development on total factor productivity. The results indicate that higher level of corporate tax exerts negative impact on total factor productivity. The findings reveal that higher corporate taxation discourages industrial firms to undertake research and development thereby exerting adverse impact on total factor productivity of firms. The impact of trade liberalization proxied by average tariff is positive while customs duty and sales tax negatively impact firm-level total factor productivity. These findings provide useful insights for managers, investors and policy makers in Pakistan.

• Journal of Korean Institute of Industrial Engineers
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• v.15 no.2
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• pp.109-116
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• 1989

In many cases, production-inventory systems involves significant demand variations. Actual demand is probabilistic and the production capacity is also limited. Finding the proper production lot sizes to this problem usually requires heavy computational procedures. Therefore a heuristic approach were under various assumptions is highly recommended. In this paper, an approach with consideration of probabilistic demand and limited production capacity is proposed.

• Journal of Korean Society for Quality Management
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• v.5 no.2
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• pp.3-20
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• 1977

The purpose of this Study is to develope the Role of Statistics in Industrial mass production. The process of mass production will be divided into three steps, that is, Standardization, production and inspection. The Statistics is applied to Specificat-ions, Quality Control and Sampling inspection in these three steps. The applications have developed to Statistical methods based on probability theory. And then, The improved plan is exhibited the point of problems of introducting of spreading of quality control throughout field survey.