• Title/Summary/Keyword: controlling policy

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Purchasing and Inventory Policy in a Supply Chain under the Periodic Review: A Single Manufacturer and Multiple Retailers’ Case

  • Prasertwattana, K.;Chiadamrong, N.
    • Industrial Engineering and Management Systems
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    • v.3 no.1
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    • pp.38-51
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    • 2004
  • Over the years, most or many companies have focused their attention to the effectiveness and efficiency of their business units. As a new way of doing business, these companies have begun to realize the strategic importance of planning, controlling, and designing their own supply chain system. This paper analyzes the coordination issues in supply chains that consist of one manufacturer and multiple retailers operating under uncertain end customer demand and delivery lead-time. We use the Genetic Algorithm (GA) to determine the appropriate ordering and inventory level at which the manufacturer and multiple retailers can maximize the profit of the chain. This is performed under three controlling policies: the traditionally centralized controlling policy under the manufacturer's perspective, the entire chain’s perspective, and lastly the coordinating controlling policy with an incentive scheme. The outcome from the study reveals that the coordinating controlling policy with an incentive scheme can outperform the traditional centralized controlling policies by creating a win-win situation in which all members of the chain benefit from higher profit, thus resulting in more willingness from all members to join the chain.

Political Rationality of Natural Resources Policy - Analysis of Residents Gratification - (자연자원정책의 정치적 합리성에 관한 연구 : 주민 만족도를 적용하여)

  • Park Yong-Gil
    • Journal of Environmental Science International
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    • v.13 no.10
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    • pp.855-861
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    • 2004
  • This study analysed the influencing factors involved in deciding the policy through the analysis of procedure in the policy on the natural resources in local governments. To evaluate the political consensus of decision making in policy determination as political rationality in natural resources policy, we analyzed the degree of the satisfaction from the residents. Among the analysis factors of the satisfaction of natural resources policy, the most significant independent factors were the goal and the method of the policy, the institutional conditions and interested groups, the appropriateness of the content of decision making, supervising and controlling, cooperating relations, the effect of policy, and the consistency. From the analysis of the effect and the goal of policy, we found $70.5\%$ of residents was against the policy and only $27.8\%$ consented. Considering the appropriateness of supervising and controlling in accordance with the process of the policy decision and its execution, the influence of local governments and institutions concerned enjoying comparatively more economic benefits was strong, however, the involvement of the residents and supervising and monitoring institutions were found negligible.

METROPOLITAN TRANSPORT PLIGHT AND ITS CONTROLLING POLICY (상해시성시총체포국여교통체계)

  • ZHANG CHUNHU
    • Proceedings of the KOR-KST Conference
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    • 1995.05a
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    • pp.61-68
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    • 1995
  • Difficulties in riding, driving and parking are a common issue which inevitably appears in city urbanization and city modernization development all over the world. However, those cities differ in controlling the traffic. According to the specific practice in Shanghai, this article presents the various factors which affect the traffic capacity and the operation quality. This article also outlines transportation system management technique of overall coordination and comprehensive control in the following seven aspects: controlling traffic motivation; improving traffic distribution; reasonably and scientifically selecting travel mode, travel route and travel time; reinforcing traffic management and road construction. The article finally suggests that above mentioned points are cost-effective ways of handling traffic plight for metropolitan transport.

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Research of Efficient Environmental Policy Instruments for the Reduction of SO2-Emissions from Stationary Sources (고정오염원에서 발생하는 SO2 배출량 저감을 위한 효율적인 환경정책수단의 연구)

  • Lee, Yeong Jun
    • Journal of Environmental Science International
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    • v.13 no.4
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    • pp.339-347
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    • 2004
  • This paper asks the question: what choice of environmental policy instruments is efficient to reduce sulfur dioxide from stationary sources\ulcorner: In Korea, command and control has been a common way of controlling $SO_2-emissions.$ When compared to the non-incentive environmental policy instrument such as command and control, economic incentive environmental policy instrument has been the advantage of making polluter himself flexibly deals with in marginal abatement cost to develop environmental technology in the long view. Therefore, the application possibility of the incentive environmental policy instrument was studied in this research to realize the countermeasure for controlling of $SO_2-emissions.$ As a result, enforcement of the countermeasure such as flue gas desulfurizer by command and control would be suitable because power generation is performed by the public or for the public in source of air pollution and thus, economic principle is not applied to the polluter. In the source of industrial pollution, enforcement of fuel tax is found to be suitable for the countermeasure for the use of low sulfur oil in terms of the flexibility of demand for the price in the long tenn. For the permissible air pollution standards applicable to all air pollutant emitting facilities, enforcement of incentive environmental policy such as bubble, off-set, banking policy or tradeable emission penn its would be ideal in long terms according to the regional characteristics and the number and scale of air pollutant emitting facilities.

Dynamic release control policy for the semiconductor wafer fabrication lines

  • Lim, Il-Ho;Kim, Jongsoo
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 1995.04a
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    • pp.939-954
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    • 1995
  • We propose a policy for controlling the release of raw wafers into the semiconductor wafer fabrication lines. The proposed policy exploits up-to-date factory floor information gathered by tracking systems used to calculate the time and amount of a new release to minimize mean flow times and mean tardiness while maintaining the maximum output rates of the system. Extensive computer experiments show that the proposed policy results in significant improvements for the same output rates compared to existing release rules.

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A Study of Vehicle Operation Policy in Warehouse (창고에서의 이송장비 운영정책에 관한 연구)

  • Lee, Hue-On;Chae, Jun-Jae;Lee, Moon-Su
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.34 no.1
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    • pp.1-8
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    • 2011
  • Controlling industrial vehicle operated by human in warehouse was not simple since the information transfer for controlling the vehicle was not easy. However, as the technology for the WMS (Warehouse Management System) has been advanced and the PDA (Personal Digital Assistant) has come into wide use in a workplace, the control of man-operated vehicle became less difficult as do to AGVS (Automated Guided Vehicle System). This study examines the ways to improve the efficiency of warehouse operation through introducing rule of task assignment for the vehicles, particularly forklift. This study, basically, refer to AGV operation policy because a great number of studies for AGV dispatching rule have been done and the mechanism for the controlling vehicles is very similar. The workers in field prefer to simple dispatching rules such as Shortest Retrieval Time First (SRTF), Shortest Travel Time First (STTF), and Longest Waiting Time First (LWTF). However, these rules have potential disadvantage. Thus, several rules made up by combining rules mentioned above are introduced and these new rules use threshold value or evaluation formula. The effectiveness of these new rules are tested by simulation and the results are compared. This study proposes favorable dispatching rules for forklift in warehouse for the efficiency of the vehicle operation and stability of service level.

Exploring the Causal Structure of Adolescent Media Addiction and Policy Intervention

  • Hwang, In Young;Park, Jeong Hun
    • International Journal of Contents
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    • v.12 no.4
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    • pp.69-75
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    • 2016
  • Adolescent media addiction has emerged as an important social agenda in Korea. However, there has not been enough discussion on the causal structure of media addiction and policy interventions. The objective of this study is to identify and assess the mechanism of the existing and the revised Shutdown policy based on the systems thinking approach. To achieve this purpose, we establish the relationship between media usage, flow, and addiction, and develop a causal loop diagram. Based on the causal loop diagram, we explore the causal structure of two policy scenarios: shutdown policy and deregulation. Our study suggests that policy interventions inducing direct parental control on children's media usage time are ineffective since the time control reduces children's autonomy, which helps alleviate media addiction. Therefore, this study suggests that policy intervention should focus on alleviating addiction itself rather than on controlling media usage time.

Factors Affecting Public Prejudice and Social Distance on Mental Illness: Analysis of Contextual Effect by Multi-level Analysis

  • Jang, Hyeon-Gap;Lim, Jun-Tae;Oh, Ju-Hwan;Lee, Seon-Young;Kim, Yong-Ik;Lee, Jin-Seok
    • Journal of Preventive Medicine and Public Health
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    • v.45 no.2
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    • pp.90-97
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    • 2012
  • Objectives: While there have been many quantitative studies on the public's attitude towards mental illnesses, it is hard to find quantitative study which focused on the contextual effect on the public's attitude. The purpose of this study was to identify factors that affect the public's beliefs and attitudes including contextual effects. Methods: We analyzed survey on the public's beliefs and attitudes towards mental illness in Korea with multi-level analysis. We analyzed the public's beliefs and attitudes in terms of prejudice as an intermediate outcome and social distance as a final outcome. Then, we focused on the associations of factors, which were individual and regional socioeconomic factors, familiarity, and knowledge based on the comparison of the intermediate and final outcomes. Results: Prejudice was not explained by regional variables but was only correlated with individual factors. Prejudice increased with age and decreased by high education level. However, social distance controlling for prejudice increased in females, in people with a high education level, and in regions with a high education level and a high proportion of the old. Therefore, social distance without controlling for prejudice increased in females, in the elderly, in highly educated people, and in regions with a high education and aged community. Conclusions: The result of the multi-level analysis for the regional variables suggests that social distance for mental illness are not only determined by individual factors but also influenced by the surroundings so that it could be tackled sufficiently with appropriate considering of the relevant regional context with individual characteristics.

Optimal Monetary Policy and Exchange Rate in a Small Open Economy with Unemployment

  • Rhee, Hyuk-Jae;Song, Jeongseok
    • East Asian Economic Review
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    • v.18 no.3
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    • pp.301-335
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    • 2014
  • In this paper, we consider a small open economy under the New Keynesian model with unemployment of Gal$\acute{i}$ (2011a, b) to discuss the design of the monetary policy. Our findings can be summarized in three parts. First, even with the existence of unemployment, the optimal policy is to minimize variance of domestic price inflation, wage inflation, and the output gap when both domestic price and wage are sticky. Second, stabilizing unemployment rate is important in reducing the welfare loss incurred by both technology and labor supply shocks. Therefore, introducing the unemployment rate as an another argument into the Taylor-rule type interest rate rule will be welfare-enhancing. Lastly, controlling CPI inflation is the best option when the policy is not allowed to respond to unemployment rate. Once the unemployment rate is controlled, however, stabilizing power of CPI inflation-based Taylor rule is diminished.