• Title/Summary/Keyword: Integrated Inventory System

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Building a Classification Scheme of Soil and Groundwater Contamination Sources in Korea: 2. Construction of Classification System and Applications of Attribute Data (토양.지하수오염원 분류체계 구축방안: 2. 분류체계 구축 및 속성자료 활용방안)

  • An, Jeong-Yi;Shin, Kyung-Hee;Hwang, Sang-Il
    • Journal of Soil and Groundwater Environment
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    • v.15 no.6
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    • pp.122-127
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    • 2010
  • Constructing the national inventory that can be used as a tool to identify and assess existing or potential contamination is necessary for efficiently managing the soil and groundwater contamination. In order to start this construction, the first step is how we define and classify potential contamination sources of soil and groundwater. After selecting the basic classification model of contamination sources from developed countries, we suggested the classification and list of the potential contamination sources of soil and groundwater which are appropriate for specific conditions of South Korea. In addition, we investigated several databases to confirm the existence of available data sources and then examined established attribute data through chemical accident response information system (CARIS) and water information system (WIS) in National Institute of Environmental Research and mine geographic information system (MGIS) in Mine Reclamation Corporation. All sorts of attribute data in the existing databases can be utilized as significant assessment factors for determining the management priority of potential contamination sources in the future. Therefore, it is required the expanded investigation of additional database sources and the continual modification so that the classification system of potential contamination sources can be improved.

Collaboration Inventory System with Limited Resources and Weibull Distribution Deterioration

  • Wee, Hui-Ming;Law, Sh-Tyan;Yu, Jonas
    • Industrial Engineering and Management Systems
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    • v.6 no.1
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    • pp.1-10
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    • 2007
  • The objective of this study is to develop an optimal joint cost from the perspectives of both the manufacturer and the retailer. The integrated production-inventory model with Weibull distribution deteriorating items is assumed to have a constant demand rate. A limited retailer storage space and multiple delivery per order are considered in this model. A numerical example including the sensitivity analysis is given to validate the results of the production-inventory model.

An Integrated Inventory Model for Two-Product Single-Facility System

  • Choi, Sung-Bin;Moon, Dug-Hee
    • Journal of Korean Institute of Industrial Engineers
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    • v.12 no.1
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    • pp.31-41
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    • 1986
  • In this paper, an integrated production inventory model is developed for two products on a single facility in which the raw materials are fed to the production system as required at the facility. The aim is to determine simultaneously the optimal production schedule for two products and the optimal procurement policies for the raw materials in a way that minimizes the total variable cost of the production system. The production schedule for the more frequently set-up product is formulated by the method of equal or unequal lot sizes. For the model developed, we present a computational scheme of finding the optimal policies and carry out sensitivity analysis through example problem.

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A Mixed Approach for Single-Vendor-Single-Buyer Production Inventory Integration Problem (판매자-구매자 생산-재고통합 문제를 위한 Mixed Approach)

  • Lee, Dongju
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.39 no.4
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    • pp.7-14
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    • 2016
  • Unlike most researches that focus on single manufacturer or single buyer, this research studies the cooperation policy for two participants of supply chain such as single vendor and single buyer. Especially, this paper deals with single vendor-single buyer integrated-production inventory problem. If the buyer orders products, then the vendor will start to make products and then the products will be shipped from the vendor to the buyer many times. The buyer is supposed to order again when the buyer's inventory level hits reorder point during the last shipment and this cycle keeps repeated. The buyer uses continuous review inventory policy and customer's demand is assumed to be probabilistic. The contribution of this paper is to present a mixed approach and derive its cost function. The existing policy assumes that the size of shipping batch from single vendor to single buyer is increasing, called Type 1, or constant, called Type 2. In mixed approach, the size of shipping batch is increasing at the beginning part of the cycle, and then its size is constant at the ending part of the cycle. The number of shipping for Type 1 and Type 2 in a cycle in mixed approach is determined to minimize total cost. The relationship between parameters, for example, the holding cost per product, the set up cost per order, and the shortage cost per item and decision variables such as order quantity, safety factor, the number of shipments, and shipment increasing factor is figured out via sensitivity analysis. Finally, it is statistically proved that the mixed approach is superior to the existing approaches.

A study on a single production inventory model with decaying items (진부화 제품의 단일 생산 재고 모델에 관한 연구)

  • 소재영;윤덕균
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 1995.04a
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    • pp.476-486
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    • 1995
  • In this paper, an attempt has been made to revise Raafat' s(1985) results on an inventory model for decaying raw materials and the finished product at a constant rate which was based on Goyal's integrated inventory model for a single product system. This paper is concerned with scheduling the frequencies of order quantity of several different raw materials on a production inventory model. The purpose of this paper is to present a simple method of deciding the frequencies of order quantity of raw materials, in the sense of minimizing the average total cost of the system. We describe on iterative procedure for directly determining near optimal frequencies of order quantity for the raw materials and the associated fundamental cycle time which can be used for constructing the production duration of the finished product. In cases where feasible schedules cannot be constructed using the values from the iterative procedure, the procedure provides a basis for changing the order quantity frequencies and the fundamental cycle time to obtain feasible schedules. An example is given to illustrate the derived results.

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An Integrated Control Problem of Secondary Sourcing and Inventory in A Supply Chain (공급체인에 있어서 이차원천과 재고의 통합적 통제에 관한 연구)

  • Kim, Sung-Chul
    • Journal of the Korean Operations Research and Management Science Society
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    • v.32 no.1
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    • pp.93-104
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    • 2007
  • We consider a supply chain where products are shipped to warehouse from manufacturing system to customers. Products are supplied from either in-house regular manufacturing or the secondary source such as subcontractor. The inventory in warehouse is controlled by base-stock policy, that is, whenever a demand arrives from customer, an order is released to the manufacturing system. Unsatisfied demand is backlogged. The manufacturing system is modeled as M/M/s+1/c queueing system, and the orders exceeding the given limit care blocked and lost. The steady state distribution of the outstanding orders and the throughput of the manufacturing system are functions of the level of engagement In the secondary source. There is a profit obtained from throughput and cost not only due to the engagement of the secondary source in the manufacturing system but also inventory positions. We want to maximize the total production profit minus the total cost of the production system by simultaneously determining the optimal level of engagement of the secondary source and the optimal base-stock level of the inventory. We develop two algorithms : one without guarantee of the optimal solution but with the small number of computations, the other optimal but with more computations.

Endosymbiotic Evolutionary Algorithm for the Combined Location Routing and Inventory Problem with Budget Constrained (초기투자비 제약을 고려한 입지..경로..재고문제의 내공생진화 알고리듬 해법)

  • Song, Seok-Hyun;Lee, Sang-Heon
    • Journal of Korean Institute of Industrial Engineers
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    • v.37 no.1
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    • pp.1-9
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    • 2011
  • This paper presents a new method that can solve the integrated problem of combined location routing and inventory problem (CLRIP) efficiently. The CLRIP is used to establish facilities from several candidate depots, to find the optimal set of vehicle routes, and to determine the inventory policy in order to minimize the total system cost. We propose a mathematical model for the CLRIP with budget constrained. Because this model is a nonpolynomial (NP) problem, we propose a endosymbiotic evolutionary algorithm (EEA) which is a kind of symbiotic evolutionary algorithm (SEA). The heuristic method is used to obtaining the initial solutions for the EEA. The experimental results show that EEA perform very well compared to the existing heuristic methods with considering inventory control decisions.

The Compiling method of Integrated inventory for Complex disaster simulation system (복합재난 시뮬레이션 시스템을 위한 통합 인벤토리 구축 방안)

  • Oh, Seung-Hee;Son, Jin;Kim, Seonghyun;Jung, Woo-suk;Lee, Yong-Tae
    • Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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    • 2017.10a
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    • pp.591-593
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    • 2017
  • The phenomena of disasters are changing from the individual disasters confined to the local areas, to complex disasters, a combination of natural and social disasters, caused by climate change and overcrowding urbanization. Therefore, the request of the complex disaster simulation system to respond to complex disasters caused by natural disasters and social disasters is getting increases. In this paper, we introduce the simulation system in case of natural disasters and social disasters that occur as a complex disaster, and discuss the issues to be considered when constructing the integrated inventory, which is a key component in constructing a complex disaster simulation system. Because the simulation results for disasters can vary depending on the configuration of the inventory taking into account the regional characteristics, a reliable and consistent inventory configuration is required for reliable complex disaster simulation.

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An Inventory Problem with Lead Time Proportional to Lot Size and Space Constraint (로트크기에 비례하는 리드타임과 공간 제약을 고려한 재고관리 정책)

  • Lee, Dongju
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.38 no.4
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    • pp.109-116
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    • 2015
  • This paper is concerned with the single vendor single buyer integrated production inventory problem. To make this problem more practical, space restriction and lead time proportional to lot size are considered. Since the space for the inventory is limited in most practical inventory system, the space restriction for the inventory of a vendor and a buyer is considered. As product's quantity to be manufactured by the vendor is increased, the lead time for the order is usually increased. Therefore, lead time for the product is proportional to the order quantity by the buyer. Demand is assumed to be stochastic and the continuous review inventory policy is used by the buyer. If the buyer places an order, then the vendor will start to manufacture products and the products will be transferred to the buyer with equal shipments many times. The mathematical formulation with space restriction for the inventory of a vendor and a buyer is suggested in this paper. This problem is constrained nonlinear integer programming problem. Order quantity, reorder points for the buyer, and the number of shipments are required to be determined. A Lagrangian relaxation approach, a popular solution method for constrained problem, is developed to find lower bound of this problem. Since a Lagrangian relaxation approach cannot guarantee the feasible solution, the solution method based on the Lagrangian relaxation approach is proposed to provide with a good feasible solution. Total costs by the proposed method are pretty close to those by the Lagrangian relaxation approach. Sensitivity analysis for space restriction for the vendor and the buyer is done to figure out the relationships between parameters.

Integrated Inventory Allocation and Customer Order Admission Control in a Two-stage Supply Chain with Make-to-stock and Make-to-order Facilities (계획생산과 주문생산 시설들로 이루어진 두 단계 공급망에서 재고 할당과 고객주문 수용 통제의 통합적 관리)

  • Kim, Eun-Gab
    • Journal of the Korean Operations Research and Management Science Society
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    • v.35 no.1
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    • pp.83-95
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    • 2010
  • This paper considers a firm that operates make-to-stock and make-to-order facilities in successive stages. The make-to-stock facility produces components which are consumed by the external market demand as well as the internal make-to-order operation. The make-to-order facility processes customer orders with the option of acceptance or rejection. In this paper, we address the problem of coordinating how to allocate the capacity of the make-to-stock facility to internal and external demands and how to control incoming customer orders at the make-to-order facility so as to maximize the firm's profit subject to the system costs. To deal with this issue, we formulate the problem as a Markov decision process and characterize the structure of the optimal inventory allocation and customer order control. In a numerical experiment, we compare the performance of the optimal policy to the heuristic with static inventory allocation and admission control under different operating conditions of the system.