• Title/Summary/Keyword: Operational Budget Management

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A Study of the Optimal Procurement to Determine the Quantities of Spare Parts Under the Budget Constraint (예산제약하에서 수리부속 최적조달요구량 산정 연구)

  • Lee, Sang-Jin;Kim, Seung-Chul;Hwang, Ji-Hyun
    • Korean Management Science Review
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    • v.27 no.2
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    • pp.31-44
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    • 2010
  • It is very important to forecast demand and determine the optimal procurement quantities of spare parts. The Army has been forecasting demand not with actual usage of spare parts but with request quantities. However, the Army could not purchase all of forecasted demand quantities due to budget limit. Thus, the procurement quantities depend on the item managers' intuition and their meetings. The system currently used contains many problems. This study suggests a new determination procedure; 1) forecasting demand method based on actual usage, 2) determining procurement method through LP model with budge and other constraints. The newly determined quantities of spare parts is verified in the simulation model, that represents the real operational and maintenance situation to measure the operational availability. The result shows that the new forecasting method with actual usage improves the operational availability. Also, the procurement determination with LP improves the operational availability as well.

Heterogeneous Multiple Traveling Purchaser Problem with Budget Constraint (예산 제약을 고려한 다용량 복수 순회구매자 문제)

  • Choi, Myung-Jin;Lee, Sang-Heon
    • Journal of the Korean Operations Research and Management Science Society
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    • v.35 no.1
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    • pp.111-124
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    • 2010
  • In the last decade, traveling purchaser problem (TPP) has received some attention of the researchers in the operational research area. TPP is a generalization of the well-known traveling salesman problem (TSP), which has many real-world applications such as purchasing the required raw materials for the manufacturing factories and the scheduling of a set of jobs over some machines, and many others. In this paper we suggest heterogeneous multiple traveling purchaser problem with budget constraint (HMTPP-B) which looks for several cycles starting at and ending to the depot and visiting a subset at a minimum traveling cost and such that the demand for each product is satisfied and the cost spent for purchasing the products does not exceed a given budget threshold. All the past studies of TPP are restricted on a single purchaser. Therefore we randomly generated some instances. CPLEX is used for getting optimal solutions in these experiments.

A Study on the Operational Performance by the Investment Level of Companies Information Security in the Digital Transformation(DX) Era (디지털 전환(DX) 시대에 기업의 정보보안 투자 수준에 따른 운영성과에 관한 연구)

  • Jung Byoungho;Joo Hyungkun
    • Journal of Korea Society of Digital Industry and Information Management
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    • v.20 no.1
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    • pp.119-131
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    • 2024
  • The purpose of this study is to examine the operational performances by the investment level of information security in companies. The theoretical background summarized the meaning of information security, management information security, and network security. The research process was carried out in four stages. As a result of the analysis, the level of information security was classified into four groups, and the difference in operational performance was confirmed. According to the categorical regression analysis of the three dependent variables, independent variables such as network threats, non-network threats, executive information security awareness, industry, organizational size, and information security education all affected information security regulations, in-house information security checks, and information security budget investments. The theoretical implications of this study have contributed to updating the latest information security theory. Practical implications are that rational investments should be made on the level of information security of companies.

A Study on Operational Status of the Six Sigma Action in Manufacturing Industry (제조부문의 6시그마 활동 운영 실태에 관한 연구)

  • Mun, JeOk;Yoon, SungPil
    • Journal of Korean Society for Quality Management
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    • v.45 no.1
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    • pp.1-10
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    • 2017
  • Purpose: Most enterprises adopt six sigma acts to maximize the business performance with raising the executiveness for the project improvements in each parts. But there are little studies about six sigma actual operations in manufacturing whether the six sigma improvements that have injected a lot of budget, efforts, labours and time are run properly. Methods: This study select 31 interviewees who have MBB or BB from 5 large enterprises running six sigma over 10 years and 5 SMEs running six sigma over 5 years to understand and review the operational status of six sigma actions in manufacturing industry and to secure representativeness. This study identify the operational status of six sigma actions and key factors enhancing or impeding execution of six sigma projects through face-to-face interviews and online surveys by e-mail. Results: This study figured out the operational status of six sigma actions and key factors enhancing or impeding execution of six sigma projects. We used SPSS 16.0 for the reliability and the validity of survey data. Conclusion: There can be a lot of different factors that affect six sigma project improvements besides the key factors from this study. More study need to think of the organization characteristics and the basic conditions and to remedy the unreasonable points and defects rather than following foreign companies and enterprises.

A Study on the Perception of Small Library Operations in Seoul (서울시 작은도서관 운영에 대한 인식조사 연구)

  • Han, Mun-Seong;Noh, Younghee;Lee, Keun Hwa;Choi, Man-Ho
    • Journal of the Korean BIBLIA Society for library and Information Science
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    • v.28 no.2
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    • pp.185-217
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    • 2017
  • The purpose of this study was to investigate the status of the operation of small libraries in Seoul and to assess the perception of their importance and satisfaction. For this purpose, 861 small libraries in Seoul were surveyed on the overall operational satisfaction, operational improvement, and the importance of operation. As a result, it was discovered that there is a demand for increased operational support for small libraries, enhanced publicity, improved education and treatment of volunteers, improved quality of the book collection, and continuously improved space and facilities. Furthermore, the public and private libraries should be classified to reflect operational characteristics of the operating entity, rather than implementing the uniform budget support and guidance management.

An Inquiry into the Case Study on the Intoroduction and Practical Application of the Objectives Management System (목표관리제도(目標管理制度)의 도입(導入)과 실제적운용(實際的運用)에 관한 사례연구(事列硏究))

  • Yun, Yong-Un
    • Journal of Korean Society for Quality Management
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    • v.7 no.1
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    • pp.41-50
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    • 1979
  • The purpose of this study is to examine the introduction and its application of objectives management system in practical case, This study attempts to describe, (1) the relationships between the objectives management and budget management (2) analyzed the introduced organization and applicable system for the performance of objectives. Concepts of objectives, as this study is adjusted as follows; i) Objectives must be operational. They must be capable of being converted into specific targets and specific assignments. Therefore, objectives are the basis for work and assignments; they determine the structure of the business, the key activities which must be discharged, and, above all, the allocation of people to tasks. ii) Setting objectives for investment requires also objectives for the structure, basic policies, jobs, and directions of the business itself. They are not selling objectives; They are genuine marketing objectives, and as such have to be built into the way the business itself is set up, directed, structured, and run.

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Application of BIM-integrated Construction Simulation to Construction Production Planning

  • Chang, SooWon;Son, JeongWook;Jeong, WoonSeong;Yi, June-Seong
    • International conference on construction engineering and project management
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    • 2015.10a
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    • pp.639-640
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    • 2015
  • Traditional construction planning based on historical data and heuristic adjustment can no longer incorporate all the operational details and guarantee the expected performance. The variation between the expected and the actual production leads to cost overruns or delay. Although predicting reliable productivity on construction site is getting more important, the difficulty of this increases. In this regard, this paper suggested to develop BIM-integrated simulation framework. This framework could predict productivity dynamics by considering factors affecting on construction productivity at operational phase. We developed the following processes; 1) enabling a BIM model to produce input data for simulation; 2) developing the construction operation simulation; 3) running simulation using BIM data and obtaining productivity results. The BIM-integrated simulation framework was tested with structural steel erection model because steel erection work is one of the most critical process influencing on the whole construction budget and duration. We could improve to predict more dynamic productivity from this framework, and this reliable productivity helps construction managers to optimize resource allocation, increase schedule reliability, save storage cost, and reduce material loss.

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Operating Budget Management Plan on Electric Energy Consumption of Educational Facilities (교육시설물의 전기에너지 사용량에 따른 운영예산 관리방안)

  • Wang, Ji-Hwan;Jin, Chengquan;Lee, Sanghoon;Hyun, Chang-Taek
    • Korean Journal of Construction Engineering and Management
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    • v.23 no.4
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    • pp.26-35
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    • 2022
  • The 7th education reform in 1997 has led changes in the way buildings were constructed and such changes drove educational facilities to steadily consume more energy every year. Also, these facilities take several years' estimated expenditure as well as the increased unit price of electricity into account when planning their annual operating budget. Such circumstances may adversely affect the establishment of their budget plan since improper allocation of operating costs could take place. To propose educational facilities' operating budget management plan on electrical energy consumption, this study developed a model that help oversee the facilities' consumption of electrical energy. For the model development, the primary core variables related to electrical energy factors from the aspects of surroundings, physics, policy, etc. were derived from taking both literature research and the characteristics of these facilities into account. The secondary core variables were then derived using the correlation analysis. Lastly, the electric energy use prediction model was developed by performing regression analysis based on the derived secondary core variables.

The ICT Operation Performance by a New ICT Investment and Policy Consistency of Government Organizations (정부조직의 신규 ICT 투자와 정책 일관성에 따른 ICT 운영 성과)

  • Jung, Byoungho
    • Journal of Korea Society of Digital Industry and Information Management
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    • v.15 no.2
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    • pp.87-99
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    • 2019
  • The purpose of this study is to examine an organizational ICT(Information and Communication Technology) performance by ICT investment and policy consistency of government organizations. As the rapid development of ICT is becoming an essential element of social culture, the ICT operation of bureaucratic government also is becoming important. The central government has invested substantially new ICT for improving the quality of nationwide service and to promote administrative efficiency. However, various departments of government occur frequently duplication investments of ICT, and budget conflicts between organizations caused difficulties in maximizing ICT competency. I will confirm the ICT operational performance by ICT investment behavior and organizational work competency as well as the significance of ICT policy consistency. The method of study used a structural equation. The research model set ICT investment behavior as independent variables, organizational work competencies and policy consistency as mediations, and operational performance as dependencies. As a result of the research, New ICT interests show negative effects that caused work change between government organizations and government-funded body. But, New ICT convergence shows positive effects on increasing the two competency variables. The two competency variables show negative effects that caused changes in ICT policy consistency and show no impact on the ICT operational performance. The ICT policy consistency shows a positive effect on enhancing ICT operational performance. The study contribution explain updated the contingency theory and because the ICT policy consistency is essential, negotiation between government organizations will be important. Future research will require a qualitative study through interviews in government organizations about consistency enhance of ICT policy.

On Enhancing Train-Centric Train Control System Development Process using DSM-based Safety Management (DSM 기법에 따른 안전 관리를 통한 차상중심 열차제어시스템 개발 프로세스의 개선에 관한 연구)

  • Kim, Joo-Uk;Oh, Seh Chan;Han, Seok Youn;Kim, Young-Min;Sim, Sang-Hyun
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.39 no.3
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    • pp.129-138
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    • 2016
  • The train-centric control systems development has some distinct points in that a big size of government budget is in general expended in there and the development duration seems to be long. In addition, the changes are ever made continuously in the capability and operational requirements for Trains. Thus, the impact of the potential changes in the required operational capability on the development activities can induce some type of project risks [7]. As such, proper management of project risk has been one of crucial subjects in the train systems development. All these notes combined together make it the significance of the safety management process be raised further up in the train-centric control systems development. As such, the underlying safety management process should be capable of appropriately handling the potential risks that can be created due to the unexpected changes and the long-term development period. The process should also be complemented for the safety consideration of train-centric control systems, for instance, stop. To study these aspect is the objective of the paper. To do so, a step-by-step approach to analyzing the safety management process is first presented. Then, to enhance the process some necessary and useful activities are added in terms of risk and safety management. Then, to pursue some enhancement on the process, a set of necessary and useful activities are added in terms of risk and safety management. The resultant process is further analyzed and tailored using a design structure matrix method. The resultant process is applied in a train-centric control development as a case study.