• 제목/요약/키워드: Periodic Review Model

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Setup cost와 Backorder rate를 고려한 확률적 재고모형에 관한 연구 (The study of stochastic inventory model with setup cost and backorder rate)

  • 유승우;서창현;김경섭
    • 한국시뮬레이션학회:학술대회논문집
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    • 한국시뮬레이션학회 2003년도 춘계학술대회논문집
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    • pp.129-134
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    • 2003
  • In this paper, we determine optimal reduction in the lead time and setup cost for some stochastic inventory models. And we propose more general model that allow the backorder rate as a control variable. We first assume that the lead time demand follows a normal distribution. And we assume that the backorder rate is dependent on the length of lead time through the amount of shortages. The stochastic models analyzed in this paper are the classical continuous and periodic review policy models with a mixture of backorders and lost sales. For each of these models, we provide a sufficient conditions for the uniqueness of the optimal operating policy. We also develop algorithms for solving these models and provide illustrative numerical examples.

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Periodic Review Inventory Model for Deteriorating Items with Partial Returns and Additional Orders

  • Choi, Young-Jin;Kim, Man-Sik
    • 대한산업공학회지
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    • 제14권2호
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    • pp.11-23
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    • 1988
  • A periodic review inventory model for deteriorating items in which time is treated as a discrete variable is developed. The model is developed under deterministic but time dependent demands and instantaneous delivery. Deterioration is assumed to be a constant fraction of the on hand inventory and partial returns are allowed for the deteriorated items. The solution procedures for obtaining the optimal order quantities which maximize the total profit in the scheduling period are presented for the cases of back orders and lost sales. Finally, when the additional orders are allowed, an efficient solution algorithm determining the initial and additional order quantities and additional ordering time is developed. Some numerical examples are also presented to illustrate the results.

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구매 종속적 수요에 대한 접근방법의 고찰 (A Systematic Approach to the Purchase Dependence)

  • 박창규
    • 산업경영시스템학회지
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    • 제43권1호
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    • pp.70-78
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    • 2020
  • Under the situation which customer orders are cancelled unless all products in the order are delivered all at once, this paper concentrates on the purchase dependent demands and explores the systematic approach to implant the purchase dependence into the multi-product inventory model. First, by acknowledging that it is a challenging task to formulate a suitable inventory model for the purchase dependence, we derive the optimal solution condition using an EOQ model and extend the optimal solution condition to periodic review models. Then, through the comparison simulation of four inventory policies regarding several degrees of purchase dependence, we demonstrate that the inventory models which consider the purchase dependence generate less total cost than the inventory models which ignore the purchase dependence. In general, the inventory models which consider the purchase dependence reduce the loss of sales by maintaining more inventories, which results in reducing the total cost. Consequently, the simulation result supports the effectiveness of this paper's approach. In addition, this paper uses the individual order period and joint order period obtained from the EOQ model for the multi-product inventory model. Through the in-depth analysis of comparing the two models, we observe that the model of using the joint order period produces less total cost when the degree of purchase dependence is high, but the model of using the individual order period produces less total cost when the degree of purchase dependence is low.

The Impact of Nonconforming Items on (s, S) Inventory Model with Customer Order Reservation and Cancellation

  • Takemoto, Yasuhiko;Arizono, Ikuo
    • Industrial Engineering and Management Systems
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    • 제8권2호
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    • pp.72-79
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    • 2009
  • The ultimate goal of inventory management is to decide the timing and the quantity of ordering in response to uncertain demands. Recently, some researchers have focused upon an impact of distortions in the information, e.g., customer order cancellation, on an economical inventory policy. The customer order cancellation is considered a kind of distortions in demands, because a demand that is eventually cancelled is equivalent to a phony demand. Also, there are some additional distortions in the inventory information. For instance, the procurement of suppliers may include some nonconforming items as a result of imperfect production and inspection by the suppliers, and/or damage in transit. The nonconforming item should be considered a kind of distortions in the inventory information, because the nonconforming item is equivalent to a phony stock. In this article, we consider an inventory model under the situation that customers can cancel their orders and the procurement of suppliers may include some nonconforming items. Then, we introduce the customer order reservation into the inventory model for the purpose of avoiding the costly backlogs, because the customer order reservation gives retailers a period to fulfill customer's requests. We formulate a periodic review (s, S) inventory model and investigate the economical operation under the situation mentioned above. Further, through the sensitivity analysis, we show the impact of these distortions and the effect of the customer order reservation on the inventory policy.

마모 수준에 의거한 예방 정비 모형 (A Preventive Maintenance Model Based on the level of item degradation)

  • 구자항;김원중
    • 산업경영시스템학회지
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    • 제15권26호
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    • pp.173-179
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    • 1992
  • This paper is concerned with preventive maintenance model for the items whose failures are dependent on their wear level. The previous maintenance models have used time as their decision variable, but it is not appropriate for the case which have wear dependent processes for their failures. In this paper, we consider an operating item which is under periodic review and which is subject to degradation. The scheduled maintenance (overhaul ) is based on the level of item degradation rather time. A functional equation for the total expected cost over an infinite horizon period is formulated and solved.

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도로에 대한 투자가 제조업 물류비에 미치는 영향에 대한 연구 -SP 기법 활용- (The Effect of Road Investment on Logistics Cost in Manufacturing Industry -Investigation of the Investment Effects Using Stated Preference-)

  • Chung, Il-Young
    • 대한교통학회지
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    • 제17권1호
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    • pp.41-52
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    • 1999
  • '90년대 들어 미국을 중심으로 Double Counting 문제와 Keynesian/Neo-classical economics theory 까지 연계되어 교통투자가 경제성장에 거의 영향을 주지 않는다는 이론과 영향을 많이 준다는 상충되는 연구결과가 계속 발표되었다. 본 논문은 교통에 대한 투자가 경제성장에 미치는 영향을 계량적으로 분석한 것이다. 범위를 좁혀 도로에 대한 투자가 생산성 즉 제조업체의 물류비에 미치는 영향을 Stated Preference Technique를 이용하여 분석한 것이다. 도로이용 승객의 시간가치를 추정하는 일반적인 Cost/Benefit Analysis와는 달리 화물수송과 관련된 투자효과를 분석하였다. 먼저 도로에 대한 투자가 화물의 수송시간절약과 그에 따른 창고시설, 재고관리등에 미치는 영향을 continuous review system과 periodic review system으로 나누어 이론적으로 고찰하였다. 또한 본 논문에서는 Utility Model에 기초하여 시간가치(value of time)와 화물도착의 정확성 (value of reliability)을 도착지별(depot/consumer)과 상품별로 econometrics 기법을 활용 분석한 후 영국의 COBA와 비교 검토하였다. 종합적으로 도로에 대한 투자가 시간절약, 운행비용절감, 사고비용절감 등 직접적인 효과(direct benefit)외에 depot감소, 운행차량감소, 재고비용절약, 유휴자원의 활용 등(secondary benefits)을 통하여 경제성장에 긍정적인 영향을 끼치고 있는 것으로 나타났다.

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Modeling of the Environmental Behavior of Tritium Around the Nuclear Power Plants

  • Park, Heui-Joo;Lee, Hansoo;Kang, Hee-Suk;Park, Yong-Ho;Lee, Chang-Woo
    • Nuclear Engineering and Technology
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    • 제34권3호
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    • pp.242-249
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    • 2002
  • The relationship between the tritium release rate from the nuclear power plant and tritium concentration in the environment around the Kori site was modeled. The tritium concentration in the atmosphere was calculated by multiplying the release rates and $\chi$/Q values, and the d3V deposition rate at each sector according to the direction and the distance was obtained using a dry deposition velocity. The area around Kori site was divided into 6 zones according to the deposition rate. The six zones were divided into 14 compartments for the numerical simulation. Transfer coefficients between the compartments were derived using site characterization data. Source terms were calculated from the dry deposition rates. Tritium concentration in surface soil water and groundwater was calculated based upon a compartment model. The semi-analytical solution of the compartment model was obtained with a computer program, AMBER. The results showed that most of tritium deposited onto the land released into the atmosphere and the sea. Also, the estimated concentration in the top soil agreed well to that measured. Using the model, tritium concentration was predicted in the case that the tritium release rates were doubled.

Cs-137 distribution around Kori Nuclear Power Plant

  • Lee, H.;Kang, H.S.;Choi, H.J.;Yu, D.H.;Lim, K.M.;Choi, Y.H.
    • Journal of Radiation Protection and Research
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    • 제28권4호
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    • pp.349-351
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    • 2003
  • To ensure the safety of the currently operating nuclear power plant, the Periodic Safety Review program has been conducted. In PSR program, the cumulative behavior of the radionuclide that might be released from the power plant is addressed. The Cs-137 in soil around Kori nuclear power plant was investigated. The soil sample was analyzed and compared with the reference area. The model calculation explained the depth profile of Cs-137.

정기발주 재고모형에서 공급자 수율 정보 공유의 기대효과 분석 (Analysis of the Value of Yield Information under Periodic Review Inventory System)

  • 민대기
    • 한국경영과학회지
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    • 제36권3호
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    • pp.61-74
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    • 2011
  • The objective of this study is to evaluate the effects of sharing uncertain yield information with a downstream supply chain player. We are interested in understanding how the amount of yield uncertainty affects the supply-side benefits and/or costs, which has not been considered in the literature, in addition to the customer-side benefits. With that purpose, this work evaluates a supplier who provides yield information in comparison with another supplier who shares no information. We simulate an order-up-to type heuristic policy that is adapted from the literature and reasonably modified to represent yield information sharing with error. From the simulation study, we argue that the customer would experience cost reduction, but the cost for supplier's inventory is increasing when sharing yield information. Furthermore, the amount of benefits and costs are situational and affected by level of yield uncertainty and demand variance. Based on the simulation study, we finally make several recommendations for the supply-side approaches to yield information sharing.

2계층 분배시스템에서 혼합재고정책을 이용한 적정재고수준 결정에 관한 연구 (Determining the Proper Level of Spare Parts using the CSP and (r,Q) Policies in a Two-Echelon Distribution System)

  • 정석재;이정학;김경섭
    • 대한안전경영과학회지
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    • 제9권4호
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    • pp.121-127
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    • 2007
  • CSP(Concurrent Spare Parts) is supplied with the procurement of new equipment or weapon system and is used to sustain the equipment without resupply during the initial coverage period. This study is concerned with a problem of determining the near optimal inventory level of the spare parts, especially Concurrent Spare Parts. For this, we utilize the mixed periodic and continuous review polices considering the CSP and (r,Q) Policies concurrently in a two-echelon distribution system. We propose the mathematical model to minimize the total cost which is composed with ordering cost, purchasing cost, holding cost, and stickout cost. If the mixed policy is compared to other policies(CSP, (r,Q)), the proposed methodology performs well and is best policy in the equipment maintenance expenses.