• Title/Summary/Keyword: Inventory Cost Allocation

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A Simple Method for Solving Type-2 and Type-4 Fuzzy Transportation Problems

  • Senthil Kumar, P.
    • International Journal of Fuzzy Logic and Intelligent Systems
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    • v.16 no.4
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    • pp.225-237
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    • 2016
  • In conventional transportation problem (TP), all the parameters are always certain. But, many of the real life situations in industry or organization, the parameters (supply, demand and cost) of the TP are not precise which are imprecise in nature in different factors like the market condition, variations in rates of diesel, traffic jams, weather in hilly areas, capacity of men and machine, long power cut, labourer's over time work, unexpected failures in machine, seasonal changes and many more. To counter these problems, depending on the nature of the parameters, the TP is classified into two categories namely type-2 and type-4 fuzzy transportation problems (FTPs) under uncertain environment and formulates the problem and utilizes the trapezoidal fuzzy number (TrFN) to solve the TP. The existing ranking procedure of Liou and Wang (1992) is used to transform the type-2 and type-4 FTPs into a crisp one so that the conventional method may be applied to solve the TP. Moreover, the solution procedure differs from TP to type-2 and type-4 FTPs in allocation step only. Therefore a simple and efficient method denoted by PSK (P. Senthil Kumar) method is proposed to obtain an optimal solution in terms of TrFNs. From this fuzzy solution, the decision maker (DM) can decide the level of acceptance for the transportation cost or profit. Thus, the major applications of fuzzy set theory are widely used in areas such as inventory control, communication network, aggregate planning, employment scheduling, and personnel assignment and so on.

A Single Allocation Hub Network Design Model for Intermodal Freight Transportation (단일할당 복합운송 허브 네트워크 설계 모형 개발)

  • Kim, Dong-Gyu;Gang, Seong-Cheol;Park, Chang-Ho;Go, Seung-Yeong
    • Journal of Korean Society of Transportation
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    • v.27 no.1
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    • pp.129-141
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    • 2009
  • Intermodal freight transportation is defined as the movement of freight from origins to destinations by two or more transportation modes. When implemented in hub networks, it could enhance the efficiency of the networks because consolidated flows are transported by more suitable modes and technologies. In spite of this advantage, the intermodal hub network design problem has received limited attention in the literature partly because of the complex nature of the problem. This paper aims to develop an optimization model for designing intermodal hub networks with sin91e allocation strategy. The model takes into account various cost components of intermodal hub networks including transportation, stationary inventory, and service delay costs. Moreover, using transport frequency variables, it is capable of endogenously determining the transportation economies of scale achieved by consolidation of flows. As such, the model is able to realistically represent the characteristics of intermodal hub networks in practice. Since the model Is a complicated nonlinear integer programming problem, we perform model simplification based on the analytical study of the model, which could facilitate the development of solution algorithms in the future. We expect that this study contributes to the design of intermodal hub networks as well as to the assessment of existing logistics systems.

A Study on Introduction of Greenhouse Gas Emission Trading Scheme in Korea (우리나라 온실가스 배출권거래제도의 도입에 관한 연구)

  • Lho, Sang-Whan
    • Journal of Environmental Policy
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    • v.8 no.4
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    • pp.95-124
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    • 2009
  • This study aims to introduce greenhouse gas emission trading in Korea as a highly cost-effective mechanism for controlling emissions. The Basic Act on Low-Carbon Green Growth will cover methods of emissions allocation, national inventory, and trading systems (i.e. emissions trading platforms, national registry,and clearing and settlement platforms). The Korean emission scheme will be based on the Korean Climate Change Act proposed by the National Assembly and Government with a cap-and-trade scheme. The national allowances will be allocated by the hybrid system. To establish the national inventory, TRADEMARKS (Telemetering System) and emissions factors are effective for greenhouse gas emissions measurement. It will likewise be effective for the national registry to be implemented via a Korean Integrated Registry, the emissions trading platform via the KRX (Korean Exchange), and the clearing and settlement platform via the KSD (Korean Securities Depository). In other words, the KRX will manage product development and marketing for Korean Carbon Financial Instruments (including commodities, futures, and options contracts) listed and admitted to trading on the KRX. All emissions trades will be standardized and cleared by the KSD.

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