• Title/Summary/Keyword: Predetermined amount

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Determination of Economic Inventory Quantity under Probabilistic Demands and Cancellation of Orders in Production System with Two Different Production Speeds (이중생산속도를 가지는 생산시스템에서 확률적인 수요와 주문취소를 고려한 경제적 재고량 결정)

  • Lim, Si Yeong;Hur, Sun;Park, You-Jin
    • Journal of Korean Institute of Industrial Engineers
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    • v.40 no.3
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    • pp.313-320
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    • 2014
  • We consider the problem to find economic inventory quantity of a single commodity under stochastic demands and order cancellation. In contrast to the traditional economic production quantity (EPQ) model, we assume that once the amount of inventory reaches to a predetermined level of quantity then the production is not halted but its production speed decreases until the inventory level drops to zero. We establish two probabilistic models representing the behaviors of both the high-production period and low-production period, respectively, and derive the relationship between the level of inventory and costs of production, cancellation, and holding, from which the quantity of economic inventory is obtained.

Cost optimization for periodic PM policy

  • Jung, Ki-Mun
    • Proceedings of the Korean Statistical Society Conference
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    • 2005.11a
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    • pp.73-78
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    • 2005
  • This paper considers a preventive maintenance policy following the expiration of renewing warranty, Most preventive maintenance models assume that each PM costs a fixed predetermined amount regardless of the effectiveness of each PM. However, it seems more reasonable to assume that the PM cost depends on the degree of effectiveness of the PM activity. In this paper we consider a periodic preventive maintenance policy following the expiration of renewing warranty when the PM cost is an increasing function of the PM effect. The optimal number and period for the periodic PM policy with effect dependent cost that minimize the expected cost rate per unit time over an infinite time span are obtained.

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Development of Drift Design Methods with Weight Modification Factors (중량 수정계수를 고려한 변위조절설계법 개발)

  • 서지현;박효선
    • Proceedings of the Computational Structural Engineering Institute Conference
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    • 2003.10a
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    • pp.161-168
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    • 2003
  • In the drift design of high-rise buildings, once the geometry and dimensions of a structure are predetermined, engineer's remaining work is determination of the member size to satisfy the strength and the stiffness requirements. For the case of highrise buildings, designs are determined by the stiffness requirements at the final stage of structural design. Thus, engineers try to find a minimum weight design with maximum lateral stiffness. However, there is no guideline for engineers on the required weight of structures per unit area to satisfy the stiffness requirements. In this study, drift design method considering weight modification factors are presented and applied to a 20-story structure. The proposed drift design method considering weight modification factors may give the guideline for engineers on the amount of structural weight to attain target displacement.

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A Study of Optimal Distribution of Gas Temperature in Directly-Fired Reheating Furnace (직접 가열식 가열로 내 최적 분위기온도 분포 해석에 관한 연구)

  • Jeong, Eui-Soo;Shim, Sung-Min;Kim, Young-Deuk;Kang, Deok-Hong;Kim, Woo-Seung
    • Proceedings of the KSME Conference
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    • 2008.11b
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    • pp.2122-2125
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    • 2008
  • Because the reheating furnace consumes a large amount of energy to heat up the slabs, it is very important to find an optimal temperature patterns in the furnace for energy saving as well as uniform target temperature at the exit of the furnace. In this study, the temperature profiles in the slab are determined by solving the transient one-dimensional heat conduction equation in conjunction with boundary conditions with total heat exchange factors. The optimal temperature patterns are obtained to minimize the fuel consumption with satisfying the predetermined constraint conditions. The design optimization is performed by using a genetic algorithm and the optimal results are validated with results obtained from the PIDO tool, called as P.I.A.n.O.

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A Study on Inventory Control Policy for Quantity-Discount and Budget Constraint (수량 할인과 예산 제약을 고려한 재고관리 정책에 관한 연구)

  • Lee, Dongju
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.38 no.2
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    • pp.145-151
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    • 2015
  • As order quantity is increased, the ordering cost per item will be cheaper due to saving of transportation and material handling costs. In this paper, two realistic assumptions such as quantity discount and budget limit are considered. Quantity discount means that all units in the order will be discounted according to the predetermined order levels. Budget limit represents that the costs for inventory investments are bounded. This paper develops a Lagrangian relaxation approach for a continuous review inventory model with a budget constraint and quantity discounts. Computational results indicate that the proposed approach provides a good solution. Sensitivity analysis is done to get some insights on budget limit and quantity discount. As budget limit or the amount of discount according to order quantity is increased, order quantity is increased, whereas reorder point is not always increased.

Strategic Management of Royalty System in the National R&D Programs for Industrial Technology (국가연구개발사업의 기술료 제도 개선: 산업 기술개발사업을 중심으로)

  • 박정희;문태희;손소영
    • Journal of Technology Innovation
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    • v.13 no.3
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    • pp.131-151
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    • 2005
  • Industrial Technology Development Program enables the recipient to set up technology infrastructure and to facilitate technology diffusion. In return, government charges royalty from the program recipient. However, the current royalty system is not in the effective form. This study analyzes the various aspects of royalty collection methods applied to the Industrial Technology Development Program and recommend the following: (1) employ the combination of fixed amount royalty and running royalty with predetermined portion of revenue generated, (2) adjust the royalty collection duration by applying product life cycle, and (3) devise new program to link extra-gain from royalty collection with commercialization and other means to increase the effectiveness of research and development activities.

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Development and Performance Evaluation of a Car Assignment and Routing Algorithm for Reducing Transportation Cost in a Logistics System (물류시스템에서 운송비를 줄이기 위한 차량 할당 및 경로 설정 알고리즘 개발 및 성능평가)

  • 조병헌
    • Journal of the Korea Society for Simulation
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    • v.8 no.3
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    • pp.91-103
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    • 1999
  • This paper proposes an algorithm which reduces transportation cost while goods are delivered in time in a logistics system. The logistics system assumed in this paper is the system in which multiple cars moves various goods from spatially distributed warehouses to stores. For reducing transportation cost, the car assignment algorithm which allocates goods to minimal cars employs the BF method; routing of each car is modelled as the TSP and is solved by using the genetic algorithm. For evaluating the proposed algorithm, the logistics system is modelled and simulated by using the DEVS formalism. The DEVS formalism specifies discrete event systems in a hierarchical, modular manner. During simulation, each car is modelled as a message and traverses warehouse and stores. When a car arrives at a warehouse or a store, predetermined amount of goods are loaded or unloaded. The arrival time and departure time of cars are analyzed and eventually whether goods are delivered in the desired time bound is verified.

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An Analysis for the Characteristics of Railroad Central Control Center and the Duty of the Operator (Focused on AREX C.C.C.) (철도 종합관제실 특성 및 관제사의 직무 분석 (공항철도 종합관제실을 중심으로))

  • Kim, Jung-Gon;Lee, Won-Young
    • Proceedings of the KSR Conference
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    • 2008.11b
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    • pp.1955-1963
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    • 2008
  • How can a train move? While a car is driven by a driver who gets the traffic information and takes the road, a train is operated on the designated(or predetermined) track by the operator or the control center. There have been a great deal of changes and evolutions in the railroad environment. Along with these transitions, there have been also a considerable amount of changes in the control center. There has been no detailed analysis for the control center even though its importance has been recognized. It goes without saying that CCC(Central Control Center)'s importance as the core of the train driving system. Such an importance is true for the automated driving system such as the light rail system. Therefore this paper analyzes the CCC of AREX(Airport Express) from the various aspects, i.e., organization, personnel assignment, the way of working, qualification and job analysis for the operator.

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The Bill of Exchange's Regulations and the Implications of its Abolition on the Commercial Community

  • Alharthi, Saud Hamoud
    • International Journal of Computer Science & Network Security
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    • v.22 no.5
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    • pp.303-311
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    • 2022
  • Through our study, bill of exchange is defined as a written document that contains an order from the drawer directed to the drawee during which the predetermined amount must be paid within a certain time period or on sight. The research begins with an examination of how it was founded, the parties involved, and the organizer's formal conditions. Then, it discusses how to negotiate a bill of exchange through endorsement along with the different types of endorsement and its ramifications. The research concludes by elucidating the bill of exchange impact on the business community, since it decreases commercial conflicts and enables merchants to benefit from, circulate, and recycle their debts without being damaged by debts collection delays.

Feasibility on Differentiation of Resistance of Rice Varieties to Whitebacked Planthopper (Sogatella furcifera) using Radioisotope (방사성동위원소를 이용한 흰등멸구(Sogatella furcifera)의 저항성 검정법에 관한 연구 (2))

  • Chung K.H.;Choi S.Y.
    • Korean journal of applied entomology
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    • v.22 no.1 s.54
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    • pp.41-44
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    • 1983
  • In order to evaluate the technique of P-32 labelling method for screening lines of rice to whitebacked planthopper, the relationship between the amount of ingestion and feeding preference of insects were observed with the resistant and susceptible lines where characteristics were predetermined by comparing their feeding preference and antibiosis method. The feeding preference of the insects was significantly correlated with the amount of P-32 ingestion. It was more manifest in adults than nymphs of the whitebacked planthopper. The density of nymph and radioactivity of P-32 were high in the susceptible line. This suggested that deforming the ingestion amount of P-32 in the insects seemed to be useful technique for accurate screening. For this technique, the uniform labelling of P-32 on the rice seedings was prerequisite and the uniformity was increased by triming roots and leaves in the length and number.

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