• Title/Summary/Keyword: Production-Inventory Systems

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An Empirical Study on the Use of POS System for Inventory Efficiency (기업의 재고 수준 효율화를 위한 POS 시스템 활용에 관한 연구)

  • Han Chang-Yup;Jang Hyeong-Wook
    • Journal of Korea Society of Industrial Information Systems
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    • v.10 no.1
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    • pp.81-88
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    • 2005
  • The POS system has been developing into an co-operational information integration system, enlarging its range of application - from basic data collection to production information, inventory management and customer service. The POS system will increase operation efficiency. It is my suggestion that POS system should be adopted in domestic industries regardless of increasing adoption of the RFID. This paper was made studied of the POS system and the practical use of POS system in order to maximize the efficiency of inventory management for various companies.

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A Study of Production Scheduling Scheme in TFT-LCD Factory (TFT-LCD 공장의 생산계획 수립에 관한 연구)

  • Na, Hyeok-Jun;Baek, Jong-Kwan;Kim, Sung-Shick
    • IE interfaces
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    • v.15 no.4
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    • pp.325-337
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    • 2002
  • In this study we consider the problem of production planning of TFT-LCD(Thin Film Transistor - Liquid Crystal Display) production factory. Due to the complexities of the TFT-LCD production processes, it is difficult to schedule the production planning, and the study about automated scheduler is insufficient. In addition, the existing production method is a Push-System to raise the operation rate with expensive equipment, that has the problem to satisfy the due-date. This study presents an algorithm having a concept of Pull-System that satisfies the due-date and considers specialties of TFT-LCD production process. We make MPS(Master Production Schedule) according to the sales order, and present algorithms for scheduling about In/Out plan considering factory capacity, line balancing, material requirement, and inventory level of all Array, Cell, and Module processes. These algorithms are integrated as an automated production system, and we implement them in the actual TFT-LCD factory circumstance.

Comparative Analysis of Rework Policies in Multistage Production System (다단계 생산시스템에서 재작업정책의 비교분석)

  • Shin, Jaeseon;Han, Jooyun;Jeong, Bongju
    • Journal of Korean Institute of Industrial Engineers
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    • v.32 no.1
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    • pp.29-41
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    • 2006
  • As the quality and environmental problems become one of the most concerned issues of company, the rework policy needs to be efficiently designed and implemented to sustain the company's competitiveness. This paper examines three basic rework policies in multi-stage production systems and analyzes them in terms of costs of setup, production, inspection, and inventory. For analyzing the performance of the rework policies, we propose mathematical models which can compute total production cost and determine the optimal production batch size to minimize the total production cost. The rework policies are classified by the number and location of inspection stages. Using the mathematical models, we could analyze the performances of rework policies and suggest the optimal rework policy according to each manufacturing environment. The analyses show that the proposed model can be used to analytically evaluate and choose the rework policies.

A Case Study on Productivity Improvement by a Discrete Event-Driven Simulation System (이산사건 시뮬레이션 시스템을 활용한 생산성 개선 사례 연구)

  • Kim, Sangtae;Shin, Moonsoo;Ryu, Kwangyeol;Cho, Yongju
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.38 no.4
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    • pp.149-158
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    • 2015
  • Up-to-date manufacturing companies have faced a market-driven environment of pull production order. There should be a difference in operating manufacturing resources according to the type, quantity, and delivery time of manufactured products, because the process situation in pull production is changed by customer orders. And it should be taken into account from the stage of preparing for production such as process design and the placement and utilization of manufacturing resources. However, the feasibility of production plans is limited because most of small manufacturing businesses make production/supply plan of the parts and products assuming that equipment abilities in scheduling is sufficient without managing process standard information systemically. In this study, a discrete event simulation system based on BOM (bill of material), that is F-OPIS (online productivity innovation system), is introduced and a case study on application of the system leading to improving productivities is presented. F-OPIS deals with a decision-problem on production management and it is specialized for small-and- medium sized manufacturing companies. The target company of this case study is a typical small-and-medium sized manufacturing company in Korea, that produces various machined parts. The target company adopts make-to-stock production management to prevent tardy delivery because of fluctuations in demand. Therefore, it is required to apply an efficient inventory control solution for improving productivities. In this paper, based on the constraints of working capacity of manufacturing resources, the bottleneck process is analyzed as production conditions are changed. Consequently, an improvement plan is proposed, that eventually enhances overall utilization rates of resources in the bottleneck process and reduces overall production lead-time and inventory level.

A Study on the Effect of Setup Time Reduction on Production Lot Sizes (생산준비시간 단축과 생산로트사이즈에 대한 연구)

  • 구일섭;김진수
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.17 no.32
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    • pp.121-126
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    • 1994
  • Setup Time Reduction is an important aspect of the Just-in-Time(JIT) and Zero Inventory(Zl) Concepts since it supports reductions in manufacturing lead times and inventories. It also enables small lot sizes and kanban systems implementation for material flow - achieving major improvements in production floor management. One concept fundamental to the pursuit of JIT production in Japan and other countries is adoption of a setup time reduction. This paper looks at the necessities of setup time reduction and the relations to machine utilization. By using an EOQ model for evaluate the effect of setup time reduction, we get the results that over 75 % reduction in setup time is obtain the desired results in the lot size reduction.

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Hybrid Priority-based Genetic Algorithm for Multi-stage Reverse Logistics Network

  • Lee, Jeong-Eun;Gen, Mitsuo;Rhee, Kyong-Gu
    • Industrial Engineering and Management Systems
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    • v.8 no.1
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    • pp.14-21
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    • 2009
  • We formulate a mathematical model of remanufacturing system as multi-stage reverse Logistics Network Problem (mrLNP) with minimizing the total costs for reverse logistics shipping cost and inventory holding cost at disassembly centers and processing centers over finite planning horizons. For solving this problem, in the 1st and the 2nd stages, we propose a Genetic Algorithm (GA) with priority-based encoding method combined with a new crossover operator called as Weight Mapping Crossover (WMX). A heuristic approach is applied in the 3rd stage where parts are transported from some processing centers to one manufacturer. Computer simulations show the effectiveness and efficiency of our approach. In numerical experiments, the results of the proposed method are better than pnGA (Prufer number-based GA).

A Study on the Similarity Coefficient Algorithm in Group Technology Analysis Theory (GT 분석이론의 유사성 계수법에 관한 연구)

  • 강경식;오영수;윤충화
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.15 no.25
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    • pp.1-10
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    • 1992
  • This paper identified the fact that Work-in-process Inventory has been decreased with the application of the Group Technology theorem and Group Analysis theorem. which are developed for the purpose of decreasing wastes that are common in multi-items-small-quantity production system. and increasing productivity. The analyzed results In this paper are as follows: Similarity Coefficient Algorithm have an advantage that It can be used in a production system which has a lot of machinery and components. On the other hand. an arbitrary threshold value should he defined and many groupings are being performed independently.

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A New Metric for Evaluation of Forecasting Methods : Weighted Absolute and Cumulative Forecast Error (수요 예측 평가를 위한 가중절대누적오차지표의 개발)

  • Choi, Dea-Il;Ok, Chang-Soo
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.38 no.3
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    • pp.159-168
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    • 2015
  • Aggregate Production Planning determines levels of production, human resources, inventory to maximize company's profits and fulfill customer's demands based on demand forecasts. Since performance of aggregate production planning heavily depends on accuracy of given forecasting demands, choosing an accurate forecasting method should be antecedent for achieving a good aggregate production planning. Generally, typical forecasting error metrics such as MSE (Mean Squared Error), MAD (Mean Absolute Deviation), MAPE (Mean Absolute Percentage Error), and CFE (Cumulated Forecast Error) are utilized to choose a proper forecasting method for an aggregate production planning. However, these metrics are designed only to measure a difference between real and forecast demands and they are not able to consider any results such as increasing cost or decreasing profit caused by forecasting error. Consequently, the traditional metrics fail to give enough explanation to select a good forecasting method in aggregate production planning. To overcome this limitation of typical metrics for forecasting method this study suggests a new metric, WACFE (Weighted Absolute and Cumulative Forecast Error), to evaluate forecasting methods. Basically, the WACFE is designed to consider not only forecasting errors but also costs which the errors might cause in for Aggregate Production Planning. The WACFE is a product sum of cumulative forecasting error and weight factors for backorder and inventory costs. We demonstrate the effectiveness of the proposed metric by conducting intensive experiments with demand data sets from M3-competition. Finally, we showed that the WACFE provides a higher correlation with the total cost than other metrics and, consequently, is a better performance in selection of forecasting methods for aggregate production planning.

A study on Lot sizing Technique for Multi-product Small batch production system : A case study (다품종 소량생산시스템하에서의 로트크기 결정기법에 관한 사례연구)

  • 송수정;김태호;강경식
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.17 no.32
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    • pp.177-186
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    • 1994
  • Economic Lot size decision is studied on this thesis foe the muti-product small batch production system. Even though economic lot size decision has been studied for the MRP system. this could be applied at the industry under the multi-product small batch production system because of very complicate and manager's lack of understand. Therefore, this technique is applied at the industry in order to minimize ordering cosy based on optimal quantity and period, and holding cost according to optimize inventory level under the muti-product small batch production system. After that, lot size decision technique is compared with lot size decision technique which has been used for analyzing and emphasizing productivity

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An Optimal Operating Policy for Two-stage Flow Lines with Machine Failures

  • Koh, Shie-Gheun;Hwang, Hark
    • Journal of the Korean Operations Research and Management Science Society
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    • v.21 no.2
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    • pp.17-33
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    • 1996
  • Automatic transfer defined as an integrated system with a number of workstations, interstation storage buffers, automatic device and a control system, play a major role in ass production systems. Due to high capital investment needed for an automatic transferline, greater care should be taken in its design so as to maximize the system performance. One may to control the system performance is to control buffer storage. To control the interstation work-in-process inventory, we propose dual limit switches which control the buffer storage with two parameters, R and r. Under the policy, proceding station is forced down when the inventory level in the buffer reaches R until the level falls to r. For the model developed, we analyze the system characteristics and find the optimal control parameters with a serach procedure.

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