• 보건행정학회지
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• 제11권4호
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• pp.88-108
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• 2001

Separation of prescribing and dispensing practice in Korea has changed the service pattern of the pharmacy. The prescription dispensing activities, however, are concentrated excessively on the pharmacies near hospitals or clinics. Thus this study was conducted to estimate the number of optimal dispensing cases for the community pharmacy. Forty-six pharmacies were selected using systematic stratified random sampling method, and ninety-five pharmacists were interviewed on their workload of dispensing and other activities at pharmacies. One hundred and seventy prescriptions were chosen based on the length of drug administration and drug dosage form, and the dispensing time was measured by time-watch method. Also pharmacy benefit claims data were analyzed to identify the characteristics of the pharmacies which performed more than optimal dispensing cases. According to the study results, the average work time per pharmacist per day was found to be 10hours 32minutes and the dispensing activities occupied 7hours 36minutes. It took 5.72minutes on average for each dispensing case. The optimal dispensing case was estimated as 75 cases under the condition of 10hours 32minutes work time and 6% allowance rate. Even though the pharmacies near hospitals or clinics participated dispensing services actively, only pharmacies near clinics dealt with more than optimal dispensing cases. For the pharmacies near hospitals they dealt with less than optimal cases, but drug administration period per prescription was almost 3 times longer than that of pharmacies near clinics. Thus the intensity of dispensing activities such as drug administration period is to be considered to estimate optimal dispensing cases more accurately.

• 한국경영과학회지
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• 제25권2호
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• pp.23-31
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• 2000

Many studies in marketing and economics have attempted to model price and sales path under the dynamic diffusion process. Most of these models have been based on a fixed product lifetime. The current business climate requiring intensive development of new products however affects the diffusion of new products and their lifetime. Many products have not enjoyed the expected life cycle at the launching stage due to intense technical development competitive reactions, and financial problems. Most diffusion models however have not taken account of the lifetime uncertainty of new product. If the products do not last over the planning horizon set by those models. the optimal price derived from them could be futile. Therefore we had better take such lifetime uncertainty into consideration when developing diffusion models, In this paper we study the impact of uncertain product lifetime on its optimal pricing path in non-competitive market. We develop an optimal pricing model under uncertain product lifetimes and conduct a simulation study to investigate their effects on the optimal pricing and corresponding sales paths. The simulation study provides some interesting findings on optimal pricing policy under uncertain product lifetime. This study could be a stepping stone for the further extended study of optimal pricing strategy with uncertain product lifetime.

• 제어로봇시스템학회:학술대회논문집
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• 제어로봇시스템학회 1992년도 한국자동제어학술회의논문집(국내학술편); KOEX, Seoul; 19-21 Oct. 1992
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• pp.941-946
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• 1992

Three different reflux policies are compared for a batch distillation process in which a fixed recovery with a given average purity of the distillate is required ; the first, for the constant distillate purity ; the second, for the constant reflux ratio ; finally, for the optimal reflux policy which gives the minimum operation time. The optimal reflux policy was obtained using pontryagin's maximum principle. Througy the numerical simulations for the three different binary mixtures, it was found that the time advantage of the optimal reflux operation over the constant overhead composition operation varies form 10.0 to 22.4% and the advantage over the constant reflux operation varies from 1106 to 36.6% in the three cases considered.

• Journal of applied mathematics & informatics
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• 제12권1_2호
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• pp.219-231
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• 2003

This paper aims to study the problem of combined harvesting of a system involving one predator and two prey species fishery in which the predator feeds more intensively on the more abundant species. Mathematical formulation of the optimal harvest policy is given and its solution is derived in the equiblibrium case by using Pontryagin's Maximum principle. Dynamic optimization of the harvest policy is also discussed by taking E(t), the combined harvest effort, as a dynamic variable. Biological and bioeconomic interpretations of the results associated with the optimal equilibirum solution are explained. The significance of the constraints required for the existence of an optimal singular control are also given.

• 응용통계연구
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• 제15권1호
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• pp.107-117
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• 2002

본 논문에서는 혼합보증기간이 있는 수리 가능한 시스템에 대하여 보증기간이 종료된 이후의 교체정책을 고려한다. 이러한 교체정책은 보증기간이 재생되는 재생혼합보증과 재생되지 않는 비재생혼합보증에 대하여 고려되며, 최적의 교체정책을 설정하기 위 해서 단위 시간당 기대비용을 사용한다. 재생혼합보증과 비재생혼합보증이 있는 시스템에 대하여 소비자 관점에서의 단위 시간당 기대비용을 구하고, 이를 최소화하는 최적의 보전기간을 결정한다 그리고, 시스템의 고장시간이 와이블분포일 때 수치적 예를 통해서 제안된 최적의 교체정책을 설명한다.

• 한국경영과학회지
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• 제31권1호
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• pp.1-13
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• 2006

In this paper we consider a design problem of a cyclic queueing network with two stages, each with a local buffer of limited capacity. Based on the theory of reversibility and product-form solution, we derive the throughput function of the network as a key performance measure to maximize. Two cases are considered. In case each stage consists of a single server, an optimal allocation policy of a given buffer capacity and work load between stages as well as the optimal number of customers is identified by exploiting the properties of the throughput function. In case each stage consists of multiple servers, the optimal policy developed for the single server case doesn't hold any more and an algorithm is developed to allocate with a small number of computations a given number of servers, buffer capacity as well as total work load and the total number of customers. The differences of the optimal policies between two cases and the implications of the results are also discussed. The results can be applied to support the design of certain manufacturing and computer/communication systems.

• East Asian Economic Review
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• 제24권4호
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• pp.417-440
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• 2020

The coronavirus pandemic of 2019-20 confronted fiscally dominant regimes around the world with the question of whether the large deficits caused by the health crisis should be monetized or financed by issuing debt. The unpleasant monetarist arithmetic of Sargent and Wallace (1981) states that in a fiscally dominant regime tighter money now can cause higher inflation in the future. In spite of the qualifier 'unpleasant,' this result is positive in nature, and, therefore, void of normative content. I analyze conditions under which it is optimal in a welfare sense for the central bank to delay inflation by issuing debt to finance part of the fiscal deficit. The analysis is conducted in the context of a model in which the aforementioned monetarist arithmetic holds, in the sense that if the government finds it optimal to delay inflation, it does so knowing that it would result in higher inflation in the future. The central result of the paper is that delaying inflation is optimal when the fiscal deficit is expected to decline over time.

• 한국경영과학회지
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• 제29권4호
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• pp.175-187
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• 2004

We consider the simultaneous selection of part routes for multiple part types in Flexible Manufacturing Systems (FMSs). Using an optimization framework we investigate two alternative route assignment policies. The one, called routing mix policy in the literature, specifies the optimal proportion of each part type to be produced along its alternative routes, assuming that the proportions can be kept during execution. The other one, which we propose and call pallet allocation policy, partitions the pallets assigned to each part type among the routes. The optimization framework used is a nonlinear programming superimposed on a closed queueing network model of an FMS which produces multiple part types with distinct repeated visits to certain workstations. The objective is to maximize the weighted throughput. Our study shows that the simultaneous use of multiple routes leads to reduced bottleneck utilization, improved workload balance, and a significant increase in the FMS's weighted throughput, without any additional capital investments. Based on numerical work, we also conjecture that pallet allocation policy is more robust than routing mix policy, operationally easier to implement, and may yield higher revenues.

• 대한산업공학회지
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• 제18권1호
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• pp.177-184
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• 1992

The control policy algorithm is examined and compared in this study. This research investigates a two state partially observable Markov chain in which only deterioration can occur and for which the only actions possible are to replace or to live alone. The goal of this research is to compare the computational efficiencies of control policy algorithm. One is Sondik's algorithms and the other one is jump algorithm.

• 산업경영시스템학회지
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• 제20권44호
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• pp.263-271
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• 1997

This paper presents a preventive maintenance model for determining the preventive replacement period of a system in which a failure rate is affected by the cumulative damage of fault and inspection. Especially, the failure rate function is considered to be a function of the cumulative damage of the fault and inspection time. Types of replacement considered are preventive replacement and failure replacement. Failure rate and expected cost function between replacement are derived. An optimal policy is obtained that minimizes the average cost per unit time for preventive replacement, failure replacement, inspection and repair.