• Title/Summary/Keyword: Inventory analysis

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Optimal Design of Process-Inventory Network Considering Exchange Rates and Taxes in Multinational Corporations (다국적 기업에서 환율과 세금을 고려한 공정-저장조 망구조의 최적설계)

  • Yi, Gyeong-Beom;Suh, Kuen-Hack
    • Journal of Institute of Control, Robotics and Systems
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    • v.17 no.9
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    • pp.932-940
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    • 2011
  • This paper presents an integrated analysis of supply chain and financing decisions of multi-national corporation. We construct a model in which multiple currency storage units are installed to manage the currency flows associated with multi-national supply chain activities such as raw material procurement, process operation, inventory control, transportation and finished product sales. Core contribution of this study is to quantitatively investigate the influence of macroscopic economic factors such as exchange rates and taxes on operational decisions. The supply chain is modeled by the Process-Storage Network with recycle streams. The objective function of the optimization is minimizing the opportunity costs of annualized capital investments and currency/material inventories minus the benefit to stockholders interpreted by home currency. The major constraints of the optimization are that the material and currency storage units must not be depleted. A production and inventory analysis formulation, the periodic square wave (PSW) model, provides useful expressions for the upper/lower bounds and average levels of the currency and material inventory holdups. The expressions for the Kuhn-Tucker conditions of the optimization problem are reduced to a subproblem and analytical lot sizing equations. The procurement, production, transportation and financial transaction lot sizes can be determined by analytical expressions after the average flow rates are already known. We show that, when corporate income tax is taken into consideration, the optimal production lot and storage sizes are smaller than is the case when such factors are not considered typically by 20 %.

Reliability and Validity of the Korean Version of the Client Satisfaction Inventory (한국어판 사회복지서비스 이용자 만족도 척도(Client Satisfaction Inventory)의 신뢰도와 타당도 평가: 종합사회복지관을 중심으로)

  • Kim, Yong-Seok;Lee, Eun-Young;Ko, Kyung-Eun;Min, Eun-Hee
    • Korean Journal of Social Welfare
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    • v.59 no.4
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    • pp.83-109
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    • 2007
  • Client satisfaction has been getting more attention in the field of social work in Korea. However, there have been very few standardized tools to measure the construct. The purpose of this study is to develop the Korean version of the Client Satisfaction Inventory developed by McMurtry and Hudson. This study was conducted with a total of 259 clients of 6 social service agencies in Seoul metropolitan areas. Based upon the results of factor analysis, the Korean version of the Client Satisfaction Inventory(CSI-K) is considered a two-factor measure. The alpha coefficients of the subscales of the CSI-K are .964 and .885 which are considered very high. The subscales are significantly correlated with convergent variables and very weakly correlated with discriminant variables. It is suggested that scales more suitable for social work settings in Korean be developed.

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A Study on the Correlation between CSEI-S (Core Seven-Emotions Inventory-Short Form) and MMPI-2 (Minnesota Multiphasic Personality Inventory-2) Subscales (핵심감정척도 단축형과 MMPI-2의 상관성 연구)

  • Shin, Haegue;Lee, Jae-Hyok
    • Journal of Oriental Neuropsychiatry
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    • v.32 no.3
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    • pp.155-166
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    • 2021
  • Objectives: To analyze correlation between CSEI-S and MMPI-2 subscales to provide evidence for clinical application of the CSEI-S. Methods: Survey data of CSEI-S and MMPI-2 from 109 university students were analyzed. Demographic characteristics were subjected to descriptive analysis. Mann-Whitney U test and Pearson's correlation analysis were performed for CSEI-S and MMPI-2 scores. Results: The CSEI-S scale Joy (喜) showed a negative correlation with MMPI-2 clinical scales Hs, D, Hy, Pd, Pa, Pt, Sc, and Si. Six negative emotion scales of the CSEI-S showed positive correlations with MMPI-2 clinical scales except Mf and Ma. The CSEI-S scale Joy (喜) showed negative correlations with MMPI-2 restructured clinical scales RCd, RC1, RC2, and RC7. Six negative emotion scales of the CSEI-S showed positive correlations with restructured MMPI-2 clinical scales. The 60T-and-over group of MMPI-2 clinical scales D, Pd, Pa, Pt, Sc, Si, and Si showed significantly higher negative emotions than other groups. The 60T-and-over group of MMPI-2 scales D, Pt, Sc, and Si showed significantly lower Joy (喜) score than other groups. The 60T-and-over group of MMPI-2 restructured clinical scales RCd, RC2, RC3, RC6, RC7, RC8, and RC9 showed significantly higher negative emotions than other groups. The 60T-and-over group of MMPI-2 scales RCd, RC6, and RC7 showed significantly lower Joy (喜) scores than others. Conclusions: The CSEI-S showed consistent results with the original CSEI and MMPI-2 subscales. Thus, is a useful diagnostic tool in clinical practice.

Development and Validation of Inventory of Peer Relation for Middle and High School Students (중·고등학생용 또래관계 검사 개발 및 타당화)

  • Kim, Sung-Geun;Ham, Kyong-Ae;Choi, Hee-Suk;Cheon, Seong-Moon
    • Journal of vocational education research
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    • v.30 no.4
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    • pp.143-159
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    • 2011
  • The purpose of this study is to develop and validate Inventory of Peer Relation for middle and high school students. First of all, in Study 1, 113 preliminary test questions were developed after reviewing of precedent studies in order to develop the Inventory of Peer Relation for Middle and High School Students. In Study 2, for the factor analysis, the survey was conducted for 600 students in three middle schools and three high schools in Busan to develop a final test, and finally 42 questions of them were selected. In Study 3, correlation analysis with another two inventories of peer relation was conducted to validate the developed Inventory of Peer Relation. The Inventory of Peer Relation developed through this study can be said reliable and valid. We made some suggestions for future studies.

Moderating Effects of Peer Competence on the Relationship Between Children's Perception of Parenting Attitudes and Depression by Gender (성별에 따라 아동이 지각한 부와 모의 양육태도와 우울의 관계에서 또래 유능성의 조절 효과)

  • Seo, Yu Jin;Kim, Sarah Hyoung Sun
    • Korean Journal of Child Studies
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    • v.38 no.3
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    • pp.65-73
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    • 2017
  • Objective: This study aimed to investigate the moderating effects of peer competence between children's perception of parenting attitudes and depression among $5^{th}$ grade elementary students. The differences are examined based by gender. Methods: 'The Children's Perception of the Parenting Attitudes Inventory', 'Children's Depression Inventory', and 'Peer Competence Inventory' were used to collect data from 200 elementary school students from Seoul, Korea. The research hypothesis were analyzed using t-tests, Pearson's correlation analysis, standard linear regression analysis and hierarchical multiple regression analysis via SPSS 21.0. Results: The results are as follows: First, only peer competence showed a difference between the boys and girls, where the boys scored higher than the girls. Second, there was a significant correlation between all the factors. Third, the moderating effect of peer competence on the father's parenting attitude was supported only in the boys. Conclusion: The results denote the need of a gendered approach to understanding problems and developing counseling programs to address depression among children. They also demonstrate that high peer competence can be used to treat depression in boys dissatisfied with their father' parenting attitude.

Analysis of the Relationship of Environmental Variables and Children's Verbal Ability II : at Age Five (아동의 언어능력과 환경변인간의 관계분석II:만5세 아동을 대상으로)

  • 장영애
    • Journal of the Korean Home Economics Association
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    • v.32 no.3
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    • pp.171-184
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    • 1994
  • This study examined the characteristics of the relationship of environmental variables that is HOME socio-demographic variables and children's verbal ability at age five. Especially this study investigated causal relationships among the variables which are supposed to affect children's verbal ability. The subjects of this study were 60 children at age five and their mothers. Instruments included inventory of home stimulation(HOME) inventory of socio-demographic variables inventory of the children's verbal ability and intelligence test. The results obtained from study were as follows: 1. For the most part environmental variables had a significant positive correlation with children's verbal ability 2. The variables that significantly predicted boy's verbal ability were aspects of physical environment breadth of experienc. And the variables that significantly predicted girls' verbal ability were developmental stimulation economic status of the home. 3. The results of the analysis of the causal model showed that the kind of variables that affected boy's verbal ability directly were indirect stimulation direct stimulation. And the kind of variables that affected girls' verbal ability directly were direct stimulation econmic status of the home inditect stimulation. 4. Another causal model of the environmental variables affecting children's verbal ability were formulated by exogenous variables(socio-demographic variables) and by endogenous variables (HOME, children's intelligence). The results of the analysis of the causal model showed that only HOME variables significantly affected boy's and girls' verbal ability directly.

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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.

A Study on Efficient Stock Arrangement of Distribution Center Using MBA Analysis and Simulation in Retail Business (유통업에서 MBA분석과 시뮬레이션을 이용한 물류센타 재고배치 효율화에 관한 연구)

  • Yeo, Sung-Joo;Seong, Kil-Young;Wang, Gi-Nam
    • IE interfaces
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    • v.22 no.3
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    • pp.234-242
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    • 2009
  • It is most important for distribution center in retail business to delivery commodities in a timely manner. Accordingly, many companies try to make distribution center effective using the Warehouse Management System(WMS) integrated legacy system. Also, the Customer Relationship Management(CRM) is the most typical paradigm in management lately. Even though the WMS and CRM are independent system of each other, WMS, coupled with CRM makes customer satisfied more effectively. In this paper, we proposed the methodology for inventory location after analyzing and applying customer buying pattern data in the CRM through the MBA(Market Basket Analysis), which is part of data mining. We used an example modeling a real distribution center in retail through a 3D simulation tool and examined correlation between commodities using customer buying pattern. After that, we applied it to the inventory location system through the MBA in an example. Finally, we identified decrease in the time for picking, which is the majority of distribution center. Besides, we proposed a simulation methodology before applying new methodology. Consequently, it removes potential errors in advance and makes a optimized inventory location system.

Optimal Policy for (s, S) Inventory System Characterized by Renewal Arrival Process of Demand through Simulation Sensitivity Analysis (수요가 재생 도착과정을 따르는 (s, S) 재고 시스템에서 시뮬레이션 민감도 분석을 이용한 최적 전략)

  • 권치명
    • Journal of the Korea Society for Simulation
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    • v.12 no.3
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    • pp.31-40
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    • 2003
  • This paper studies an optimal policy for a certain class of (s, S) inventory control systems, where the demands are characterized by the renewal arrival process. To minimize the average cost over a simulation period, we apply a stochastic optimization algorithm which uses the gradients of parameters, s and S. We obtain the gradients of objective function with respect to ordering amount S and reorder point s via a combined perturbation method. This method uses the infinitesimal perturbation analysis and the smoothed perturbation analysis alternatively according to occurrences of ordering event changes. The optimal estimates of s and S from our simulation results are quite accurate. We consider that this may be due to the estimated gradients of little noise from the regenerative system simulation, and their effect on search procedure when we apply the stochastic optimization algorithm. The directions for future study stemming from this research pertain to extension to the more general inventory system with regard to demand distribution, backlogging policy, lead time, and inter-arrival times of demands. Another direction involves the efficiency of stochastic optimization algorithm related to searching procedure for an improving point of (s, S).

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Sensitivity Analysis for Joint Pricing and Lot-sizing Model with Price Dependent Demand under Day terms Supplier Credit in a Two-stage Supply Chain

  • Shinn, Seong-Whan
    • International Journal of Advanced Culture Technology
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    • v.8 no.2
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    • pp.270-276
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    • 2020
  • In this paper, we analyze the buyer's joint pricing and lot-sizing model in a two-stage supply chain consisting of the supplier, the buyer and the customer. It is assumed that the supplier will permit a certain fixed period for settling the amount the buyer owes to him for the items supplied in order to stimulate the demand for the product. Generally, credit transactions would have a positive effect to the buyer. The availability of credit transactions from the supplier effectively reduces the cost of holding stocks for the buyer and therefore, the buyer has a lot of price options to choose his sales price for a customer in anticipation of increased the customer's demand and, as a result, it will appear to increase the buyer's inventory levels. On the other hand, in the case of decaying products in which their utility decay over time, the decaying rate with time may be expected to reduce inventory levels. In this regard, we need to analyze how much the length of credit period and the decaying rate affect the buyer's pricing and lot-sizing policy. For the analysis, we consider the situation where the customer's demand is represented as a linearly decreasing function of the buyer's sales price. From this perspective, we formulate the buyer's annual net profit and analyze the effect of the length of credit period and decaying rate of the product on the buyer's inventory policy numerically.