• Title/Summary/Keyword: Strategy Approach

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Profiling Approach for the Choice between Speculation and Postponement Strategy in Supply Chain Management (공급사슬관리의 예측전략과 지연전략 선택을 위한 프로파일링 접근법)

  • Kang, Sung-Wook;Kim, Gyu-Bae
    • Journal of Distribution Science
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    • v.12 no.4
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    • pp.47-54
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    • 2014
  • Purpose - The postponement strategy, which delays the form, place, and production of products as late as possible, has been widely considered as a competitive supply chain management scheme in an era of mass customization and modular manufacturing. An interesting business phenomenon is that not all manufacturing/logistics firms choose the postponement strategy. Given that postponement is a counter-measure to speculation, which has some advantages under certain environments, the current imprudent inclination toward the postponement strategy may cause firms to lose the potential of the speculation strategy, an alternative strategy in supply chain management. Building on the logistics and manufacturing literature, this study examines characteristics of two contrasting strategies, postponement and speculation, and major factors favoring each strategy. Research design, data, and methodology - We apply the profiling approach to two business cases, HP printer and LG mobile phone. The profiling approach is a method of choosing a particular strategy aligned with environmental factors. While various approaches have been used to check the fit between a business strategy and environmental factors, the literature on manufacturing strategy and logistics has commonly adopted the profiling approach. Major factors used in profiling variables are derived from the literature. Two samples, HP printer and LG mobile phone, are selected, because they represent major characteristics appropriate for each strategy. The profiling is based on data from semi-organized interviews with managers. Results - The profiling approach shows that the postponement strategy is a suitable one for HP printers. Most factors, such as product life cycle, large production volume, low-price, product value, and monetary density, support delaying end products until as late as possible. Despite some exceptions, such as delivery time and economy of scale, our analysis states that the overall profile of HP printer is favorable for the postponement strategy. On the other hand, LG mobile phone may adapt the speculation strategy. Although it has large production volume and low delivery frequency, most characteristics support the speculation strategy for this product. An interesting finding is that, despite common perception that advanced technology products such as mobile telephones favor the postponement strategy, profiling proposes the speculation strategy for this product. Conclusions - Our analysis shows that speculation is not the universal option for supply chain management, and that, when choosing a specific strategy, one should consider many factors simultaneously. A major implication of our work is to emphasize the role of environmental factors such as supply chain variables in choosing an inventory strategy, and the importance of fit rather than solely strategic orientation. A theoretical contribution is to demonstrate the benefit of the simultaneous consideration of business variables in choosing specific strategies. For practitioners, our work leads us to consider the existence and the potential of speculation as a counter-measure to postponement. In addition, the comprehensive framework in this research may be instantly used in examining a practical strategy.

The Effects of a Literary Approach Activity Using a Game Strategy on Young Children's Phonological Awareness Abilities and Writing Abilities (게임전략을 활용한 문학적 접근활동이 유아의 음운인식능력 및 쓰기능력에 미치는 영향)

  • Jeon, Ah-Young;Choi, Mi-Sook
    • Korean Journal of Child Studies
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    • v.33 no.5
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    • pp.1-17
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    • 2012
  • The purpose of this study was to examine the effects of the literary approach using a game strategy on young children's phonological awareness and writing abilities. The subjects were selected from two classes of 'H' and 'M' Kindergarten in G city. The research tools used were the Phonological Awareness Ability Test, which was corrected by Jo, Kim, and Jeong(2006) and used to measure young children's phonological awareness abilities, and Lindberg(1987)'s Kindergarten Writing Assessment which was adapted and used by Noh(1994) in order to assess writing abilities. The literary approach activity using a game strategy used in this study resulted in an improvement in young children's phonological awareness abilities and writing abilities. These results suggest that these activities are valuable tools and can be applied successfully in the childhood education field as teaching aids.

Statistics of Causal Relations among Performance Goal Orientation, Achievement Need, Self-handicapping Tendency and Learning Strategy in Chemistry Education (화학교과에서 수행목표지향성, 성취욕구, 자기핸디캡경향 및 학습전략 사이의 인과구조에 대한 통계)

  • Ko, Young Chun
    • Journal of Integrative Natural Science
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    • v.4 no.2
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    • pp.158-165
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    • 2011
  • Statistics by structural equation modeling techniques were used to assess a model of chemistry learning strategy based on performance goal orientation. In the optimal Model III of this research, Performance-approach goal was positively related to the use of learning strategy(p<.05) and achievement need(p<.05). Performance-avoidance goal was negatively related to learning strategy(p<.05) and was positively related to self-handicapping tendency(p<.15). Performance-approach goal affected learning strategy indirectly through achievement need(p<.05). Use of achievement need was positively related to learning strategy(p<.05) and self-handicapping tendency(p<.35). Self-handicapping tendency affected learning strategy negatively(p<.05). Implications of these findings for learning strategy in chemistry education are discussed.

An Investigation on Chemistry Problem-Solving Strategy of Middle School Student (중학생의 화학 문제해결 전략 조사)

  • Noh, Tae-Hee;Jeon, Kyung-Moon
    • Journal of The Korean Association For Science Education
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    • v.17 no.1
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    • pp.75-83
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    • 1997
  • The purpose of this study was to determine the strategies that middle school students used in solving problems concerning density and solubility. These were compared in the aspects of problem contexts for 42 students of varying logical reasoning ability, spatial ability, and learning approach. A coding scheme used consists of five categories: reading & organization, production, errors, evaluation, and strategy. Students' protocols were analyzed after intercoder agreement had been established to be .95. The results were as follows: 1. Students had more difficulties in reading and organizing the problems in everyday contexts than in scientific contexts. Students at the concrete-operational stage and / or surface approach were more likely to have difficulties in reading and organizing the problems than those at the formal-operational stage and / or deep approach. 2. Students tended to split up the solubility problems into sub-problems and to solve the density problem in everyday contexts in random manner. These were significantly correlated with the test scores concerning logical reasoning ability, spatial ability, and learning approach at the .1 level of significance. 3. Major errors in solving the density problems were to disregard the given information or generated and to use inappropriate information. Many errors in solving the solubility problems were found to be executive errors. The strategy to use the information given appropriately was positively related to students' logical reasoning ability, spatial ability, and learning approach. 4. More evaluation strategies were found in everyday contexts. Their strategies to grasp the meaning of answers and to check the math were significantly related to students' logical reasoning ability. 5. Students used the random trial-and-error strategy more than the systematic strategy and the systematic trial-and-error strategy, especially in everyday contexts. The strategies used by the students were significantly related to students' logical reasoning ability, spatial ability, and learning approach.

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Note on Debate over Relationship Between Business Model and Strategy

  • PARK, Kyoo-Ho
    • East Asian Journal of Business Economics (EAJBE)
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    • v.10 no.4
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    • pp.39-45
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    • 2022
  • Purpose - This short paper reviews the debate dealing with the relationship between strategy and traditional strategy approach on the one hand, and business models and new business model approach on the other hand and tries to offer useful direction to be more helpful to theoretical discussions. Research design, data, and methodology - This paper makes a theoretical analysis to explain the confusion surrounding the debate, reviewing mainly literature survey papers and finds theoretical conjecture and its limitations in order to present useful direction to the future theoretical work. Result - In order to comprise its diversity, business model studies should consider the characteristics of each firm, sector, and market. Adding further elements which are related to each sector or market, theoretical studies can capture the diverse phenomena related to business model and business model innovation. Conclusion - The traditional strategy perspective can be utilized to the Business model phenomenon in the case of incumbent firms and non-digital sector and existing markets. Meanwhile the new business model perspective can be utilized to business model phenomena in case of start-ups and digital sector and emerging markets. Reconciling two perspectives, the studies dealing with the business model should focus on the characteristics of firms, markets, and knowledge from the perspective of business model innovation.

Enhancing Performance with a Learnable Strategy for Multiple Question Answering Modules

  • Oh, Hyo-Jung;Myaeng, Sung-Hyon;Jang, Myung-Gil
    • ETRI Journal
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    • v.31 no.4
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    • pp.419-428
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    • 2009
  • A question answering (QA) system can be built using multiple QA modules that can individually serve as a QA system in and of themselves. This paper proposes a learnable, strategy-driven QA model that aims at enhancing both efficiency and effectiveness. A strategy is learned using a learning-based classification algorithm that determines the sequence of QA modules to be invoked and decides when to stop invoking additional modules. The learned strategy invokes the most suitable QA module for a given question and attempts to verify the answer by consulting other modules until the level of confidence reaches a threshold. In our experiments, our strategy learning approach obtained improvement over a simple routing approach by 10.5% in effectiveness and 27.2% in efficiency.

A Study of Implementation to Enterprise Information Strategy Planning based on Information Technology Architecture (정보 기술 아키텍쳐 기반의 기업 정보화 전략 구현을 위한 연구)

  • Kim Tae-Sung
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.28 no.2
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    • pp.69-74
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    • 2005
  • As today's Information Technology (IT) becomes more global and specialized the importance of Information Technology Architecture (ITA). Based on the case study of e-commerce, this paper presents a systematic approach to Information Strategy Planning (ISP) with ITA. To implementation of strategic approach, ITA is developed to establish e-commerce projects. It is believed that the Chief Information Officer (CIO) will be more receptive to results that include ISP and ITA are combined simultaneously.

Experimental verification of a distributed computing strategy for structural health monitoring

  • Gao, Y.;Spencer, B.F. Jr.
    • Smart Structures and Systems
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    • v.3 no.4
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    • pp.455-474
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    • 2007
  • A flexibility-based distributed computing strategy (DCS) for structural health monitoring (SHM) has recently been proposed which is suitable for implementation on a network of densely distributed smart sensors. This approach uses a hierarchical strategy in which adjacent smart sensors are grouped together to form sensor communities. A flexibility-based damage detection method is employed to evaluate the condition of the local elements within the communities by utilizing only locally measured information. The damage detection results in these communities are then communicated with the surrounding communities and sent back to a central station. Structural health monitoring can be done without relying on central data acquisition and processing. The main purpose of this paper is to experimentally verify this flexibility-based DCS approach using wired sensors; such verification is essential prior to implementation on a smart sensor platform. The damage locating vector method that forms foundation of the DCS approach is briefly reviewed, followed by an overview of the DCS approach. This flexibility-based approach is then experimentally verified employing a 5.6 m long three-dimensional truss structure. To simulate damage in the structure, the original truss members are replaced by ones with a reduced cross section. Both single and multiple damage scenarios are studied. Experimental results show that the DCS approach can successfully detect the damage at local elements using only locally measured information.

Control of pH Neutralization Process using Simulation Based Dynamic Programming (ICCAS 2003)

  • Kim, Dong-Kyu;Yang, Dae-Ryook
    • 제어로봇시스템학회:학술대회논문집
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    • 2003.10a
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    • pp.2617-2622
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    • 2003
  • The pH neutralization process has long been taken as a representative benchmark problem of nonlinear chemical process control due to its nonlinearity and time-varying nature. For general nonlinear processes, it is difficult to control with a linear model-based control method so nonlinear controls must be considered. Among the numerous approaches suggested, the most rigorous approach is the dynamic optimization. However, as the size of the problem grows, the dynamic programming approach is suffered from the curse of dimensionality. In order to avoid this problem, the Neuro-Dynamic Programming (NDP) approach was proposed by Bertsekas and Tsitsiklis (1996). The NDP approach is to utilize all the data collected to generate an approximation of optimal cost-to-go function which was used to find the optimal input movement in real time control. The approximation could be any type of function such as polynomials, neural networks and etc. In this study, an algorithm using NDP approach was applied to a pH neutralization process to investigate the feasibility of the NDP algorithm and to deepen the understanding of the basic characteristics of this algorithm. As the global approximator, the neural network which requires training and k-nearest neighbor method which requires querying instead of training are investigated. The global approximator requires optimal control strategy. If the optimal control strategy is not available, suboptimal control strategy can be used even though the laborious Bellman iterations are necessary. For pH neutralization process it is rather easy to devise an optimal control strategy. Thus, we used an optimal control strategy and did not perform the Bellman iteration. Also, the effects of constraints on control moves are studied. From the simulations, the NDP method outperforms the conventional PID control.

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A New Matching Strategy for SNI-based 3-D Object Recognition (면 법선 영상 기반형 3차원 물체인식에서의 새로운 매칭 기법)

  • 박종훈;최종수
    • Journal of the Korean Institute of Telematics and Electronics B
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    • v.30B no.7
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    • pp.59-69
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    • 1993
  • In this paper, a new matching strategy for 3-D object recognition, based on the Surface Normal Images (SNIs), is proposed. The matching strategy using the similarity decision function [9,10] lost the efficiency and the reliability of matching, because all features of models within model base must be compared with the scene object features, and the weights of the attributes of features is given by heuristic manner. However, the proposed matching strategy can solve these problems by using a new approach. In the approach, by searching the model base, a model object whose features are fully matched with the features of sceme object is selected. In this paper, the model base is constructed for the total 26 objects, and systhetic and real range images are used in the test of the system operation. Experimental result is performed to show the possibility that this strategy can be effectively used for the SNI based recognition.

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