• Title/Summary/Keyword: Ordering System

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Effectiveness of an Exponentially Smoothed Ordering Policy as Compared with Kanban System

  • Tamura, Takayoshi;Dhakar, Tej S.;Ohno, Katsuhisa
    • Journal of Korean Institute of Industrial Engineers
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    • v.34 no.1
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    • pp.1-12
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    • 2008
  • The Kanban system in Just-In-Time (JIT) production is very effective in reducing the inventories when consumption rate of the final product is relatively stable. When large fluctuations exist in the consumption rate, a new production ordering policy in which the production order quantity is determined by smoothing the demands exponentially is more suitable. This new ordering policy has not been investigated sufficiently. In this research, a multi-stage production and inventory system with stock points for materials and finished items located at each stage is considered. Approximations of average inventories at each stage in the system are derived theoretically. Numerical simulations are carried out to assess the accuracy of approximations and to evaluate the effectiveness of the new ordering policy as compared with the Kanban system. As a result, it is shown that the new ordering policy can achieve significantly lower inventory costs than the original Kanban system. The new ordering policy thus emerges as a key concept for an effective supply chain management.

THE FAILURE RATE AND LIKELIHOOD RATION ORDERINGS OF STANDBY REDUNDANT SYSTEMS

  • Choi, In-Kyeong;Kim, Gie-Whan
    • Journal of applied mathematics & informatics
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    • v.5 no.1
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    • pp.41-50
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    • 1998
  • There are various notions of partial ordering between life-times of systems; stochastic ordering failure rate ordering and likeli-hood ration ordering. In this paper we show that for series systems with non i.i.d. exponential lifetimes of components standby redundancy at component level is better than that at system level in failure rate or-dering and likelihood ratio ordering. We also demonstrate that for 2-component parallel systems with i.i.d. exponential lifetimes of com-ponents standby system redundancy is better than standby component redundancy in failure rate ordering and likelihood ratio ordering.

Evolution of Automatic Ordering System in Retail Market : Analyzing Inventory Data

  • Paik, SiHyun;Frazier, DeWayne P.;Mark, Isenhoff
    • International Journal of Advanced Culture Technology
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    • v.3 no.2
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    • pp.1-14
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    • 2015
  • The purpose of this paper is to reveal two problems in the existing inventory systems in retail market, and to suggest a Two-Bin System under Automatic Ordering System considering only base-stock. Large retailers already have a sophisticated inventory system based on an automatic ordering principle. However, why does the out-of-stock (OOS) happen in large discount stores in spite of having a good inventory system? This paper suggests two systems after finding the root causes concerning the previous question. For evaluating the performance of each system, the random 200 data set in each sample group was generated from MINITAB 16 and obeyed the Poisson distribution. The existing inventory system in retail market cannot help generating OOS due to indwelling contradiction in itself. The reasons are the ordering deadline and the relationship between ordering quantity and base stock. This paper also demonstrates that these previous studies on inventory fall into the closed loop. Also the paper shows that the performance of the replenishment policy was better than traditional methods dealing with ordering quantity and base stock.

A Joint Optimization of Ordering and Replacement Policy Under Minimal Repair (최소수리가 가능한 시스템의 주문 및 교체정책 통합 최적화)

  • Ihn, Jae-Soon;Kim, Jun-Hong;Chon, Ho-Ki
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.33 no.2
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    • pp.170-175
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    • 2010
  • Maintaining a complex repairable system can be achieved by repairing, replacing, or any other activities. This paper proposes a joint optimization policy that is composed with ordering and replacing under minimal repair for the complex system. For this purpose, we derive the expected cost due to the minimal repair, ordering, downtime, inventory costs, and salvage value of units that follow generally distribution. Some properties about the optimum ordering policy that are suggested for our purpose shows that the optimum ordering policy minimizing the expected cost is either one of the two typical policies : (1) the original unit is replaced as soon as the ordered spare is delivered, or (2) the delivered spare is used as inventory part until the original unit fails.

Improvement of Turn-key Contract System through the Analysis of Present Ordering Condition in Civil Engineering Projects (토목공사 수주현황 분석을 통한 턴키${\cdot}$대안입찰제도의 문제점 및 개선방안 연구)

  • Lee Yang-Kyoo;Kang Leen-Seok;Park Jong-Hyuk;Jeon Seong-Chul
    • Journal of the Korean Society for Railway
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    • v.8 no.5
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    • pp.460-469
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    • 2005
  • Turnkey contract system is an effective ordering system for the ordering organizations that technical engineers are insufficient for their construction projects. It is possible to reduce project duration and to improve project quality in an integrated contract system between design and construction. However, owners can have a difficulty caused from unitary responsibility system. This study analyzes present situation and problems of turnkey contract system including railway projects. The result includes various methods for improving the system based on the analysis of bid price and selection procedure.

A Smart System for Customer Ordering Management at Offline Stores (오프라인 매장에서 고객 순번 관리를 위한 스마트 시스템)

  • Chung, Myoungbeom
    • Journal of Korea Multimedia Society
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    • v.21 no.8
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    • pp.925-933
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    • 2018
  • In this paper, we propose a new smart ordering application system for granting the customer numbers. The proposed system assigns sequence number of customers who visit at offline store as using speaker and microphone of smart device. This system has more advantage than the existing ordering system. Because the proposed system does not need any customer information like as phone number or SNS ID, it can protect customer privacy information. In this system, we use high frequency which is inaudible to the human ear as communication signal between speaker and microphone. To confirm performance evaluation, we perform a test with ten smart devices like as iPhone 6, 7, 8, Galaxy s8 and the result shown a success rate of 98.7 percent. Therefore, the proposed system can be useful service technology at the various offline store which need to assign a sequence number for customers, because many customers visit at the store.

The Broad System of Ordering as a switching language (스위칭언어로서의 BSO(Broad System of Ordering))

  • 이경호
    • Journal of Korean Library and Information Science Society
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    • v.14
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    • pp.149-179
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    • 1987
  • The concept of a "switching language " between different indexing languages and information retrieval systems has been discussed since the mid-1960s. Some preliminary investigates into the feasibility of switching between mediating tool yielded positive results. The Broad system of ordering(BSO) , a general classification scheme for information exchange and switching, has been under development as a joint FID/UNESCO project since 1973. The purpose of this study is to find out the origin, development, definition, and principle of BSO. The results of the study can be summarized as follows: (1) BSO is a switching language for the purpose of interconnection of information system which is located different regions, or using different indexing languages. (2) BSO is in effect, fully faceted and broad classification system. (3) BSO is not only a subject code but also an ordering system. (4) BSO can be used information retrieval system because the notation of composite subjects is formed by combining notation. (5) BSO has to some extent sacrificed brevity by leaving large unused notational gap for future use. (6) The structure of the scheme is in no way dependent upon the notation. notation.

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A Research on the Development of Management Process System of Public Ordering Service Results and Estimation (건설기술용역 실적 관리 프로세스 시스템 개발에 대한 연구)

  • Lee, Kyu-Sung;Lee, Han-kyu;Kim, Nam-Gon
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2014.05a
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    • pp.168-169
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    • 2014
  • Construction Technology Service is currently hardly managed due to failure to offer standard management system of service performance, company performance, and business evaluation in every Ordering Agencies. After Construction Technology Promotion Act is enforced in May 2014, Ordering Agency obligates them to report to Minister of Land and Transportation within 10 days upon contract/ amendment/ completion. In 2013, in advance to enforcement of this law, performance management system for construction technology service was developed for a test run. However this system only applies to main contractors while management and operation of subcontractors are unavailable that causes problems on connection and integration with Experience Management Trustee. Therefore, this research will establish systematic foundation that enables real-time information of service performance and evaluation of subcontractors to result standardization of performance and evaluation for public ordered services.

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A Study on the Ordering Policy in Multi-Echelon Distribution System (다단계분배시스템의 발주정책에 관한 연구)

  • Yu, Hyung-Keun;Kim, Jeong-Soo
    • Journal of Korean Institute of Industrial Engineers
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    • v.21 no.3
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    • pp.313-327
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    • 1995
  • This paper deals with ordering policies for a multi-echelon distribution system. The system we are concerned consists of one Central Distribution Center(CDC) and N nonidentical Regional Distribution Centers(RDCs) which have different demand rates, minimum filtrates, leadtimes, etc. We develop an algorithm for determining the optimal ordering policies of the CDC and the RDCs under the constraints of minimum filtrates of RDCs and maximum allowable delay of CDC.

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Deciding Each Level Ordering Policy for deterministic demand in Mutilevel Distribution System (다단계 물류시스템에서 수요가 확정적으로 발생할 경우 각 단계별 발주정책 결정)

  • 김상직;송재승
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.19 no.37
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    • pp.111-115
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    • 1996
  • This study is to decide each level ordering policy for deterministic demand in multilevel distribution system. The ordering policy is used the combinations of EOQ and LTC. The combinations of EOQ and LTC are 4 cases. Case 1 : Regional Warehouse∼EOQ, Central Warehouse∼EOQ. Case 2 : Regional Warehouse∼EOQ, Central Warehouse∼LTC. Case 3 : Regional Warehouse∼LTC, Central Warehouse∼EOQ. Case4 : Regional Warehouse∼LTC, Central Warehouse∼LTC. The criterion is to minimize total cost per year.

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