• Title/Summary/Keyword: Inventories

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Supervisory Control of Multi-Echelon Production-Distribution Systems with Limited Decision Policy (I)-Control Algorithm-

  • Jeong, Sang-Hwa;Kim, Jong-Kwan;Oh, Yong-Hun;Ryu, Sin-Ho
    • Journal of Mechanical Science and Technology
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    • v.14 no.4
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    • pp.369-379
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    • 2000
  • In industrial production-distribution systems, production and purchasing rates, associated inventories, and sales are very critical for the profits of each component in the system. The objective of this study is to investigate an effective information control scheme for a production -distribution system by automatic feedback control techniques. In this work, a dynamic control scheme that has an integrated -error with state-feedback and filtering (ISFF) is proposed as a new algorithm for a dynamic controller. Generalized formulations of the dynamic control are proposed in the continuous-time and discrete-time cases. A methodology for an evaluation of ISFF controller gains using the eigen structure property is presented. When an upper-limit is imposed on the production capability by available factory space and capital equipment, supervisory control is provided to avoid integrator-windup and deterioration of system performance.

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Rapid seismic performance assessment method for one story hinged precast buildings

  • Palanci, Mehmet;Senel, Sevket Murat
    • Structural Engineering and Mechanics
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    • v.48 no.2
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    • pp.257-274
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    • 2013
  • In this study, seismic performance of one story hinged precast buildings, which represents the majority of existing lightweight industrial building stock of Turkey, was assessed. A lot of precast buildings, constructed in one of the important seismic zones of western Turkey, were investigated and building inventories were prepared. By this method, structural properties of inventory buildings and damaged precast buildings in recent earthquakes were compared. Damage estimations based on nonlinear analysis methods have shown that estimated damage levels of inventory buildings and observed damage levels in recent earthquakes are similar. Accuracy of damage estimation study and the simplicity of the one story precast building models implied that rapid seismic performance assessment method for these buildings can be developed. In this assessment method, capacity curves and vibration periods of precast buildings were calculated by using structural properties of precast buildings. The proposed assessment method was applied to inventory buildings by using two different seismic demand scenarios which reflect moderate and soft soil conditions. Comparison of detailed analysis and rapid assessment methods have indicated that reliable seismic performance estimations can be performed by using proposed method. It is also observed that distribution of damage estimations is compatible in both scenarios.

Empirical Analysis of 3 Statistical Models of Hospital Bankruptcy in Korea (병원도산 예측모형의 실증적 비교연구)

  • 이무식;서영준;양동현
    • Health Policy and Management
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    • v.9 no.2
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    • pp.1-20
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    • 1999
  • This study was conducted to investigate the predictors of hospital bankruptcy in Korea and to examine the predictive power for 3 types of statistical models of hospital bankruptcy. Data on 17 financial and 4 non-financial indicators of 30 bankrupt and 30 profitable hospitals in 1. 2, and 3 years before bankruptcy were obtained from the hospital performance databank of Korea Institute of Health Services Management. Significant variables were identified through mean comparison of each indicator between bankrupt and profitable hospitals, and the predictive power of statistical models of hospital bankruptcy were compared. The major findings are as follows. 1. Nine out of 21 indicators - fixed ratio, quick ratio, operating profit to total assets, operating profit to gross revenue, normal profit to total assets,normal profit to gross revenue, net profit to gross revenue, inventories turnrounds, and added value per adjusted patient - were found to be significantly predictitive variables in Logit and Probit models. 2. The predicdtive power of discriminant model of hospital bankruptcy in 1. 2, and 3 years before bankruptcy were 85.4, 79.0, and 83.8% respectively. With regard to the predictive power of the Logit model of hospital bankruptcy, they were 82.3, 75.8, and 80.6% respectively, and of the Probit model. 87.1. 80.6, and 88.7% respectively. 3. The predictive power of the Probit model of hospital bankruptcy is better than the other two predictive models.

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The Relationship between Social Competency of the Child and the Child Rearing Involvement of the Father (아버지의 양육 참여도와 아동의 사회적 능력과의 관계)

  • Choi, Kyung Soon
    • Korean Journal of Child Studies
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    • v.14 no.2
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    • pp.115-135
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    • 1993
  • The purpose of this study was to develop instruments for measuring paternal child rearing involvement. A second purpose was to investigate the relationship between social competency of child and the father's involvement in child rearing. Fathers' child rearing involvement inventories were administered to 513 5th and 6th grade school students to evaluate children's perceived father's rearing involvement. Assessment of the child's social competency by the mother was by the modified Iowa Social Competency Scale. Data were analyzed by factor analysis, Pearson's correlation coefficient, and canonical correlation. The main results were as follows: (1) There were differences in mean scores between variables on father's child rearing involvement. The mean score of 'day-to-day guidance' was higher than such father's involvement variables as 'family activities', 'household affairs', 'home education'. (2) There was a significant correlation between the social competency of children and father's child rearing involvement. In other words, fathers' child rearing involvement showed significant correlations with 'the capability' and 'leadership' of children. (3) The canonical analysis in two variables-the fathers' child rearing involvement (independent variables) and the children's social competency (dependent variables)-showed that the child variables most highly correlated to the independent variables were 'capability' and 'affection toward parents'. This also indicated that the father variables accounted for about 9.4% of the variation in social competency. In conclusion, the father's child rearing involvement can he recognized as significant variable in predicting the social competency of children.

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Optimal Operation Scale of Hog Production for Farrow-to-Finish Farms

  • Huang, Y.H.;Lee, Y.P.;Yang, T.S.
    • Asian-Australasian Journal of Animal Sciences
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    • v.14 no.9
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    • pp.1326-1330
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    • 2001
  • This study analyzed the lowest production cost and the greatest profit to be obtained from marketing hogs to determine the optimal operation scale for family-owned farrow-to-finish farms. Data were collected from 39 farrow-to-finish farms with 500 to 5,000 inventories for two consecutive years, and treated with GLM and quadratic regression models using the REG procedure. Analysis results indicated that farms capable of marketing 2,933 and 3,286 hogs annually had the lowest production cost and the greatest profit, respectively. Further analysis attributed the lowest production cost or the highest return in farms with an optimal scale of 3,000 to a higher survival rate of the herd, as well as lower expenses in veterinary medicine, labor, utilities and fuel, transportation, and depreciation. A similar feed conversion efficiency was observed for all the farms studied. Obviously, the cost efficiencies were associated with the economy of the operation scale of hog production until it reached 3,000 hogs marketed annually for a family-run unit. Beyond the optimal scale of 3,000 hogs, good stockmanship was more difficult to maintain and the herd management deteriorated as increasing mortality confirms. It is conclude that, unless advanced management is applied, the operation scale should not expand beyond 3,000 hogs.

Empirical Evidence on the Usefulness of Throughput Time (통과시간지표의 유용성에 관한 실증연구)

  • 육근효
    • Korean Management Science Review
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    • v.19 no.1
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    • pp.75-88
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    • 2002
  • In recent years, it Is necessary to develop an alternative measure, the time efficiency of management activities, as a more measurable and operational tool Instead of traditional accounting measures such as inventories turnover. Therefore the concept of throughput time has got much attention as useful tool for controlling time based management. The purpose of this paper is to investigate the usefulness and adaptability of throughput time. The sample consists of 212 non-banking firms listed on the Korean Stock Exchange. The test Period were 10 years(1989-1998). The regression analysis for this study was performed using the cross-sectional data for the sample, and it was also performed for each Industry. The results show that net Income to tonal assets and labor productivity (value added Per employee) variables in the model was signiflcantly associated with throughput time. On the other hand, the relationship between throughput time and logistics cost to sales do largely not have statistical significance. Especially, it is found that the relationship do not have significance or negative response in food & beverage industry and wholesale & retail industry. In summary, the results show that the measure of throughput time can be an effective managerial Indicator for time based competition and management.

Development of Framework for Effective Integration of RFID Systems with Enterprise Information Systems (기업정보시스템과 RFID 시스템의 효과적인 연동을 위한 프레임워크 개발)

  • Kang, Yong-Shin;Kim, Sang-Hee;Lee, Yong-Han;Kim, Hoon-Tae
    • The Journal of Society for e-Business Studies
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    • v.16 no.2
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    • pp.73-89
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    • 2011
  • RFID technology enables companies to precisely manage their inventories at the item level. Recently, due to the wide spread of RFID data-exchange standards, RFID systems are being recognized as separate information systems, each of which is consist of RFID hardwares, a middleware and data repositories, thereby RFID systems become common targets for system integration. In this paper, we proposed an effective integration framework between RFID systems and existing enterprise information systems (EIS). We also surveyed the current state of the RFID-EIS system integration practices. The proposed framework will be helpful for system developers to effectively integrate RFID systems with EIS's.

The Quality of the Information Sharing between the Korean Apparel Manufatures and the Contractors (국내 의류 제조업체와 생산 협력업체간 정보 공유 특성)

  • Hur, Jhee-Hye;Chun, Jong-Suk
    • The Research Journal of the Costume Culture
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    • v.13 no.1
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    • pp.150-160
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    • 2005
  • As apparel manufacturers have increased their outsourcing garment making to cope with the rapid changing market, the information sharing has been the most important factor for the Korean apparel industry. The purpose of this research was to study the present state and the needs of the information sharing between the apparel manufacturers and the contractors; and the relationship between the product property (basic/fashion product) and the information sharing property. A total of 86 Korean apparel manufacturers were surveyed for the study. The results are: 1) the information sharing level on manufacturing capacity, manufacturing processing condition, and product quality were a bit higher than other surveyed information, but the level on inventories and sales were lower than others. in addition, the information sharing needs by online system of manufacturing capacity, manufacturing processing condition, and product quality were greater than other information; 2) In the case of fashion product, the information sharing needs of product quality by online system were much greater than in the case of basic product. This study is expected to help apparel manufacturers to construct their information sharing system which is apt for their product property and needs.

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Analysis of The Management of Three Tertiary General Hospital(2011 to 2013)

  • Park, Hyun-Suk
    • Journal of Korean Clinical Health Science
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    • v.4 no.2
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    • pp.582-592
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    • 2016
  • Purpose. For more effective hospital management, it analyzes the trend through general characteristics, balance sheet, income statement, and financial ratio analysis, grasps the causes of the problems, and analyzes management of the hospital in order to use the result as baseline data for development of the hospital in the future. Methods. The collected data of 3 years from 2011 to 2013 about 3 tertiary hospitals in metropolitan cities from Alio (provider of public institution information; www.alio.go.kr), Health Insurance Review & Assessment Service (www.hira.or.kr), and the website of the Ministry of Health and Welfare (www.mw.go.kr) were analyzed and general characteristics, balance sheet, income statement, and financial ratio, analysis are used as data. Results & Conclusions. From the result of data analysis from 2011 to 2013, general characteristics, balance sheet, income statement, financial ratio analysis, and pie charts could lead to conclusions as follows. In the result of comprehensive analysis, the 3 tertiary hospitals showed increase of fixed expense due to extension of the buildings and so did the scale of fund and asset. Although medical revenue increased, the margin of increase for medical expense was greater than that of medical revenue, which consequently led to loss. In prediction for the 3 tertiary hospitals based on characteristics so far, it is expected to see improved revenue structure after building extension is completed, but it is necessary to exert management effort to maintain its optimal level by enhancement in stability of management and inventory turnover through management of inventories.

An optimal inventory management system for high-rise building -Focused on Re-bar Works- (초고층 건축공사의 특수성을 고려한 최적 자재 재고 관리 방안에 관한 연구 -철근공사를 중심으로-)

  • Kim, Geun-Hwan;Lee, Su-Hwan;Yun, Jung-Suk;Park, Kyung-Mo;Kim, Chang-Duk
    • KIEAE Journal
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    • v.13 no.1
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    • pp.151-157
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    • 2013
  • Since high-rise building construction sites are usually located in crowded city areas, sufficient spaces for the inventories of key materials are rarely available. This spatial constraints have been one of the critical challenge that may cause productivity loss and increasing costs of the high-rise building construction projects. The proper material inventory management is certaing a key to the success of high-rise building construction projects as it handles difficulty of securing material stock yards, changes in demands, uncertain delivery time through integrating the construction schedules and actively responding to the key materials attributes. In this light, this research analyzes the latest inventory model, (Q,r) model, in accordance with the high rise building characteristics. This research suggests an optimal inventory management of re-bar considering various demands and lead times. The case study is also presented with regard to the re-bar inventory management.