• Title/Summary/Keyword: Inventory Trend Data

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Retail Channel Inventory Management via In-Stock Ratio Measure (매장 내 제품가용성 지표를 활용한 유통재고 관리방안 제고)

  • Kim, Hyoungtae
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.36 no.1
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    • pp.96-102
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    • 2013
  • This paper makes a detailed comparison between two metrics designed for measuring customer's satisfaction in the retail industry. The first metric, which is called the customer service level, has not been widely used due to the intrinsic requirement on the parameter assumption(s) of the demand distribution. Unlike the customer service level metric the in stock ratio metric does not require any requirements on the demand distribution. And the in stock ratio metric is also very easy to understand the meaning. To develop the detailed planning activities for business with the in stock ratio metric on hand one should collect some information as following : 1) POS (Point of sales) data, 2) Inventory Data 3) Inventory Trend.

Recalculation of Forest Growing Stock for National Greenhouse Gas Inventory (국가 온실가스 통계 산정을 위한 임목축적 재계산)

  • Lee, Sun Jeoung;Yim, Jong-Su;Son, Yeong Mo;Kim, Raehyun
    • Journal of Climate Change Research
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    • v.7 no.4
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    • pp.485-492
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    • 2016
  • For reporting national greenhouse gas inventory in forest sector, the forest growing stock from the National Forest Inventory (NFI) system has used as activity data sources. The National Forest Inventory system was changed from rotation system by province to annual system by 5 years across the country. The forest growing stocks based on the new inventory system produced a different trend compared to the previous estimations. This study was implemented to recalculate previous forest growing stocks for time series consistency at a national level. The recalculation of forest growing stock was conducted in an overlap approach by the IPCC guideline. In order to support the more consistency data, we used calibration factors between applied stand volumes in 1985 and 2012, respectively. As a result, the time series of recalculated forest growing stock was to be consistency using the overlap approach and the calibration factor with the lower middle/middle site index. According to the applied overlap period, however, we will recalculate activity data using more complete data from national forest inventory system.

Forest Resources of the Korea Based on National Forest Inventory Data

  • Kim, Dong-Hyuk;Nor, Dae-Kyun;Jeong, Jin-Hyun;Kim, Sung-Ho;Chung, Dong-Jun
    • Journal of Forest and Environmental Science
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    • v.24 no.3
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    • pp.159-164
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    • 2008
  • Forest inventory is a commercial term meaning the preparation of detailed descriptive list of articles with number, quantity and value of each item included. Forest inventory deals with the measurement of trees and stands, the estimation of their volume, growth prediction, biomass, carbon stocks and the description tree characteristics, as well as the land upon which they are growing. National Forest Inventory Center (NFIC) in Korea conducts national forest inventory every 5 years to obtain accurate baseline data for national forest policy. The permanent sample plot data used in were collected by NFI. The objective of this study was to develop methods for quantifying forest resources at national scale based on $5^{th}$ National Forest Inventory (NFI) data in Korea. Forest land area decreased from 6.44 to 6.38 million ha between 1997 and 2007, continuing a slight downward trend in area beginning in the late 1990s. However forest resources of the Korea have continued improving in general condition and quality, as measured by increased average size and volume of trees. Growing-stock volume of the Korea increased from 17 to 123.79 cubic meter per ha between 1976 and 2007. The biomass in Korea was estimated to be 153.81 tons per hectare and carbon stocks in Korea was estimated to be 84.36 tons per hectare by NFI data. This information is important for government officials, public administration, the private business sector, and the researcher. Forest Inventory should be implemented in a way to be able to monitor and assess the forests continuously.

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An Integrated Production Management Model for a Manufacturing System (제조시스템을 위한 통합형 생산관리모형 구축)

  • Ahn, Jae-Kyoung
    • IE interfaces
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    • v.16 no.1
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    • pp.111-116
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    • 2003
  • Business integration has been considered as one of the most critical success factors that enable the firms to gain competitive edges. Despite this trend, it has also been found among not a few companies that the activities that should be functionally tied with are performed even independently. In this study, an integrated model of production planning and inventory has been developed. Computerization of the production planning activities is proposed and implemented. We also proposed the reasonable inventory levels of each item using historic data of the items, which are composed of safety stock from the given fill-rate, operating stock from the production patterns, and reserved stock from the production planning. This study has helped the firm to have clearer job definition of the related processes, to tightly control the inventory by setting and tracing the reasonable fill rates for every product, and to quickly respond to the market changes through the computerized production planning process.

Trading Day Effect on the Seasonal Adjustment for Korean Industrial Activities Trend Using X-12-ARIMA

  • Park, Worlan;Kang, Hee Jeung
    • Communications for Statistical Applications and Methods
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    • v.7 no.2
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    • pp.513-523
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    • 2000
  • The X-12-ARIMA program was utilized on the analysis of the time series trend on 76 Korean industrial activities data in order to ensure that the trading day effect adjustment as well as the seasonal effect adjustment is needed to extract the fundamental trend-cycle factors from various economic time series data. The trading day effect is strongly correlated with the activity of production and shipping but not with the activity of inventory. Furthermore, the industrial activities were classified with respect to the sensitivity on the tranding day effect.

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Decision Variable Design of Discrete Systems using Simulation Optimization (시뮬레이션 최적화를 이용한 이산형 시스템의 결정변수 설계)

  • 박경종
    • Proceedings of the Korea Society for Simulation Conference
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    • 1999.10a
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    • pp.63-69
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    • 1999
  • The research trend of the simulation optimization has been focused on exploring continuous decision variables. Yet, the research in discrete decision variable area has not been fully studied. A new research trend for optimizing discrete decision variables ha just appeared recently. This study, therefore, deals with a discrete simulation method to get the system evaluation criteria required for designing a complex probabilistic discrete event system and to search the effective and reliable alternatives to satisfy the objective values of the given system through a on-line, single run with the short time period. Finding the alternative, we construct an algorithm which changes values of decision variables and a design alternative by using the stopping algorithm which ends the simulation in a steady state of system. To avoid the loss of data while analyzing the acquired design alternative in the steady state, we provide background for estimation of an auto-regressive model and mean and confidence interval for evaluating correctly the objective function obtained by small amount of output data through simulation with the short time period. In numerical experiment we applied the proposed algorithm to (s, S) inventory system problem with varying Δt value. In case of the (s, S) inventory system, we obtained good design alternative when Δt value is larger than 100.

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Prediction of Concentrations and Congener Patterns of Polychlorinated Biphenyls in Korea Using Historical Emission Data and a Multimedia Environmental Model (장기 배출량 자료와 다매체 환경모델을 이용한 국내 대기 중 PCB 농도 및 패턴 예측)

  • Choi, Sung-Deuk
    • Journal of Korean Society for Atmospheric Environment
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    • v.24 no.2
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    • pp.249-258
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    • 2008
  • Historical emission data for 11 polychlorinated biphenyls (PCBs) and a regional multimedia environmental model, CoZMo-POP 2, were used to predict air concentrations and congener patterns in Korea. The total emission value for South Korea was allocated to sub-provinces and cities based on their population. The spatial distribution of PCB emissions was generally correlated with that of measured atmospheric levels, suggesting that population could be a good surrogate for the intensity of PCB emission in Korea. The simulated time trends of air concentrations well reflected those of emission with a peak in the mid-1970s and insignificant levels in the 2030s. The model predicted that the contribution of volatile PCBs had increased after emission reduction iii the 1970s. This trend would continue until the early 2030s. The measured and modeled PCB levels in the 2000s were in an agreement of an order of magnitude, and their congener patterns were very similar. Consequently, despite of high uncertainty for emission estimates, the emission data for Korea used in this study is considered to be reliable. The results of this study could be compared with simulation data based on a new emission inventory to be developed by measurements in the near future.

Psychological Effects of Pet Plant Gardening on University Students (반려식물 가드닝이 대학생들의 심리면에 미치는 영향)

  • Kim, Hee-Seog;Cho, Tae-Dong
    • Journal of Environmental Science International
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    • v.27 no.4
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    • pp.267-274
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    • 2018
  • With rapid growth of the one-person households, this study focused on the psychological effects of pet plant gardening, one of the new trend of gardening among them. To clarify the psychological influences of pet plant gardening, 30 university students conducted gardening of pet plants in 90 days and the psychological effects was measured by the standardization personality inventory test before and after gardening. As results, pet plant gardening showed the effects of decreasing depression feeling of all participants, and the effects was significant in female than male. Pet plants gardening led to change females' personality more actively and more leadingly. Therefore, this data verified the positive effects in psychologically and induced personality showed pet plants gardening induced the positive effects the aspects of psychology and personality.

Selecting Ordering Policy and Items Classification Based on Canonical Correlation and Cluster Analysis

  • Nagasawa, Keisuke;Irohara, Takashi;Matoba, Yosuke;Liu, Shuling
    • Industrial Engineering and Management Systems
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    • v.11 no.2
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    • pp.134-141
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    • 2012
  • It is difficult to find an appropriate ordering policy for a many types of items. One of the reasons for this difficulty is that each item has a different demand trend. We will classify items by shipment trend and then decide the ordering policy for each item category. In this study, we indicate that categorizing items from their statistical characteristics leads to an ordering policy suitable for that category. We analyze the ordering policy and shipment trend and propose a new method for selecting the ordering policy which is based on finding the strongest relation between the classification of the items and the ordering policy. In our numerical experiment, from actual shipment data of about 5,000 items over the past year, we calculated many statistics that represent the trend of each item. Next, we applied the canonical correlation analysis between the evaluations of ordering policies and the various statistics. Furthermore, we applied the cluster analysis on the statistics concerning the performance of ordering policies. Finally, we separate items into several categories and show that the appropriate ordering policies are different for each category.

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.