• Title/Summary/Keyword: Inventory control system

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A Device-Independent and Cost-Effective Forging Work-in-Process Control System (단말기 독립성과 비용의 효율성 제공을 위한 단조 재공 관리 시스템)

  • Jeong, Dong-Won
    • The KIPS Transactions:PartD
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    • v.19D no.3
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    • pp.221-228
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    • 2012
  • This paper proposes a new forging work-in-process control system that guarantees independency of a specific device and provides cost-effectiveness. Until now, much research has been studied on improving the process productivity through efficient work-in-process or inventory controls. Especially, incorporating various IT technologies such as barcode, RFID, and image recognition has been done. However, those approaches cause many problems due to the characteristics of the forging work-in-process control environment. To overcome the limitations of the existing approaches, this paper proposes a novel forging work-in-process control system. The proposed system in this paper identifies and precisely manages positions of objects by using GPS information of smart mobile devices. Therefore, identification tags as well as specific devices for reading the tags do not been required. It resolves the problems of the previous approaches and enhances the productivity of the overall forging work-in-process control process.

On Fleet Sizing and Distribution Policy of Transportation Equipments in Hub-and-Spoke Network (방사형 물류체계에서 수송장비의 보유대수 결정과 분배정책)

  • Seo, Sun-Keun;Lee, Byung-Ho
    • IE interfaces
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    • v.11 no.1
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    • pp.55-66
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    • 1998
  • Fleet sizing and distribution of empty equipments are two of the most critical problems in managing transportation system. This paper develops a cost model for sizing a fleet and establishing decentralized redistribution polices of empty equipments by building from inventory theory of multi-echelon system in hub-and-spoke network. An analytical approach to determine control variables of redistribution policies in each terminal and fleet size of the transportation system is proposed and its results are validated by simulation model. Numerical experiments are conducted with respect to parameters of the model and test results for assumptions of the model are discussed.

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Managing Inventories of Brand-New and Recovered Products in a Reverse Supply Chain with Downward Demand Substitution (하방 수요 대체가 허용되는 역공급망에서 신제품 및 재생제품 재고 관리)

  • Kim, Eungab
    • Journal of the Korean Operations Research and Management Science Society
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    • v.39 no.2
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    • pp.97-109
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    • 2014
  • This paper considers a reverse supply chain with simultaneous recovery of used products and manufacturing of brand-new ones. Recovered products are downgraded and have to be sold in a market different from that of brand-new products at a different price. In case of a shortage of recovered product inventory, a brand-new item, if available, can be offered at the price of a recovered product. In other words, one-way demand substitution is allowed. We address the joint decision of when to manufacture brand-new product, when to recover returned product, and how to control demand substitution to maximize the hybrid production system's profits. To this end, we propose a Markov decision Process model and investigate the structure of the optimal policy. Performance comparison is numerically implemented between the models with and without downward demand substitution option under different operating conditions of the system parameters.

A Study on the Revitalization of Servicizing: Focused on the Case of Car Parts (서비사이징 활성화방안에 관한 연구 - 자동차 부품을 중심으로 -)

  • Park, Seog-Ha;Lee, Bueng-Seop;Kang, Hae-Joon
    • Journal of the Korea Safety Management & Science
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    • v.10 no.1
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    • pp.205-213
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    • 2008
  • Servicizing is defined 'not as to sell the products but as to sell the functions'. This study was done on the methods for revitalization as the object items of navigation & antenna among car parts. The direct door-to-door survey was done for 101 enterprises (direct-management stores) and percentage & t-test were done for statistics. The results can be summarized like followings. First, PR on servicizing is required. Second the optimized methods can be obtained by incorporating reuse & recycling distribution systems of servicizing with the existing recovery system Reuse distribution system can be constructed rationally because inventory control is being done correct1y with the periodic recovery. Finally, as for the analysis on the relative importance of main factors of servicizing, it shows that supports & providing the concrete frame of the government & local autonomous body are important.

컴퓨터 탐색을 이용한 재고관리 시스템의 최적화

  • 윤승철
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 1996.04a
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    • pp.477-480
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    • 1996
  • The main objective of this research is to develop the optimal control method for a Distribution Center - multi Branch inventory distribution system. With the continuous review policy, the distribution center places an order for specific order quantity to an outside supplier, and the order quantity is replenished after a certain lead time. Also, each branch places an order for particular order quantity to the distribution center to satisfy the customer demands, and receives the replenishment after a lead time. When an out of stock condition occurs during an order cycle, a backorder is placed to the upper level to fill the unfilled demands. With these situation, variable demand and variable lead time are used for better industrial practice. Futher, actual lead times with a generic lead time distribution are used in developing the control model. Under the actual lead time model, the customer service measures actually attained for the distribution center and each branch are explained as the effective customer service measures. Thus, throughout the optimal control (using computer search procedures), we can set the desired service levels for the distribution center and each branch to produce the effective service level for each branch which is consistent with the goal level of service for each branch. At the same time, the entire distribution system keeps minimum inventories.

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Development of Smart Carrier with Weight Sensing and Alarm System (무게 감지와 경보시스템을 갖춘 스마트 캐리어 개발)

  • Cho, Jun-Su;Kim, Seung-Kyum;Seo, Dong-Seop;Kwak, Se-Young;Kim, Jae-Wook
    • The Journal of the Korea institute of electronic communication sciences
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    • v.17 no.2
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    • pp.317-324
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    • 2022
  • In this thesis, in consideration of the functions of general carriers, smart carriers with various convenience functions were studied for supplementation and improvement based on the disadvantages of carriers and inconvenience when using them. Based on the app inventory program, LED and motor locks were installed in carriers through smartphone applications, Bluetooth recognition and control functions that easily control on/off, load cell sensors were installed inside the carriers to detect weight, install Bluetooth and alarms on LCD panels, and prevent theft and loss.

Determination of an Optimal Production Run Length in a Deteriorating Production Process with Rework (생산시스템이 불완전하여 재작업이 요구되는 상황에서의 최적 생산시간 결정에 관한 연구)

  • Kim, Chang Hyun
    • Journal of Korean Institute of Industrial Engineers
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    • v.40 no.2
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    • pp.233-239
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    • 2014
  • This paper presents an extended EMQ model which determines an optimal production run length in an deteriorating production process. The production process is subject to a random deterioration from an in-control state to an out-of-control state and thus producing some proportion of defective items. Defective items produced are re-processed in the rework process to convert them into non-defectives. Through the mathematical modeling, an optimal solution minimizing the average cost per unit time as well as minimum average cost are derived. Numerical experiment is carried out to examine the behavior of the proposed model depending on model parameters.

Input Quantity Control in a Multi-Stage Production System with Yield Randomness, Rework and Demand Uncertainty

  • Park, Kwangtae;Kim, Yun-Sang
    • Journal of the Korean Operations Research and Management Science Society
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    • v.18 no.3
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    • pp.151-157
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    • 1993
  • In this paper, we investigate the effects of yield randomness for lot-sizing in a multi-stage production system. The practical importance of incorporating yield randomness into production models has been emphasized by many researchers. Yield randomness, especially in semiconductor manufacturing, poses a mojor challenge for production planning and control. The task becomes even more difficult if the demand for final product is uncertain. An attempt to meet the demand with a higher level of confidence forces one to release more input in the fabrication line. This leads to excessive work-in-process (WIP) inventories which cause jobs to spend unpredictably longer time waiting for the machines. The result is that it is more difficult to meet demand with exceptionally long cycle time and puts further pressure to increase the safety stocks. Due to this spiral effect, it is common to find that the capital tied in inventory is the msot significant factor undermining profitability. We propose a policy to determine the quantity to be processed at each stage of a multi-stage production system in which the yield at each stage may be random and may need rework.

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Optimizing Work-In-Process Parameter using Genetic Algorithm (유전 알고리즘을 이용한 Work-In-Process 수준 최적화)

  • Kim, Jungseop;Jeong, Jiyong;Lee, Jonghwan
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.40 no.1
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    • pp.79-86
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    • 2017
  • This research focused on deciding optimal manufacturing WIP (Work-In-Process) limit for a small production system. Reducing WIP leads to stable capacity, better manufacturing flow and decrease inventory. WIP is the one of the important issue, since it can affect manufacturing area, like productivity and line efficiency and bottlenecks in manufacturing process. Several approaches implemented in this research. First, two strategies applied to decide WIP limit. One is roulette wheel selection and the other one is elite strategy. Second, for each strategy, JIT (Just In Time), CONWIP (Constant WIP), Gated Max WIP System and CWIPL (Critical WIP Loops) system applied to find a best material flow mechanism. Therefore, pull control system is preferred to control production line efficiently. In the production line, the WIP limit has been decided based on mathematical models or expert's decision. However, due to the complexity of the process or increase of the variables, it is difficult to obtain optimal WIP limit. To obtain an optimal WIP limit, GA applied in each material control system. When evaluating the performance of the result, fitness function is used by reflecting WIP parameter. Elite strategy showed better performance than roulette wheel selection when evaluating fitness value. Elite strategy reach to the optimal WIP limit faster than roulette wheel selection and generation time is short. For this reason, this study proposes a fast and reliable method for determining the WIP level by applying genetic algorithm to pull system based production process. This research showed that this method could be applied to a more complex production system.

Supply Chain Management of Textile Fashion Industry (섬유(纖維)패션산업(産業)의 공급(供給)사슬관리(管理))

  • Shin, Sang-Soo
    • Journal of Fashion Business
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    • v.11 no.4
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    • pp.221-231
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    • 2007
  • SCM system is required inter-industrial cooperation as well as inter-organizational cooperation. It means not only standardization of inter-organization but also standardization of inter-industry. SCM makes possible one circulation from fiber to retail industry in the respects of information and product flows. QR is the SCM of textile apparel industry, which satisfy customer need with least cost and maximum profit. Customer-oriented supply chain system focused on information sharing, cost reduction, inventory control, lead time reduction, quick response on customer demand. How we can measure the performance of successful SCM is issued on the approach of Balanced Scorecard which evaluates 4 perspectives such as customer perspective, internal business perspective, financial perspective, and innovation and learning perspective. This can project the blueprint of textile fashion business to right direction with vision.