• Title/Summary/Keyword: cost management business procedure

Search Result 51, Processing Time 0.026 seconds

Method and Procedure for Economic Evaluation of Improvement Activities

  • Kono, Hirokazu;Ichikizaki, Osamu
    • Industrial Engineering and Management Systems
    • /
    • v.14 no.2
    • /
    • pp.122-128
    • /
    • 2015
  • The purpose of this paper is to propose an appropriate evaluation scheme for improvement activities, based on a simple model comprising cash inflow by sales as well as variable and fixed cost expenditures. The paper distinguishes capacity surplus and capacity shortage situations, and examines economic benefits gained by yield increase improvement and capacity increase. The paper then proposes a basic rule of thumb for economic evaluation of improvement activities. The logic is simple but useful in practice, being conducive towards improvement activities under current economic conditions with uncertainties.

Case Analysis of Visiting Nursing Center for Improving Efficiencies: Based on Business Management Consulting (방문간호센터 경영효율성 개선 사례 분석: 경영 컨설팅 적용을 중심으로)

  • Lim, Ji Young;Kim, Juhang;Kim, Seonhee
    • Journal of Korean Academic Society of Home Health Care Nursing
    • /
    • v.28 no.2
    • /
    • pp.111-123
    • /
    • 2021
  • Purpose: This study aimed to present the management strategies necessary to improve the operational efficiency of visiting nurse centers and evaluate their effectiveness. Methods: The subjects of this study were visiting nurse centers registered as long-term care centers. Based on value chain analysis, cost information analysis, and data envelope analysis, the study was carried out according to the Magerison's management consulting procedure, for six months. This procedure comprised eight sub-steps of approach and application. Results: The following management strategies were agreed upon: establishment of a cooperative network with other visiting care centers, creation of high satisfaction of external customers by providing practical training to care workers, and making rehabilitation and exercise services as the core nursing activities to be focused on. Conclusion: The management consulting process and analysis method applied in this study can referred to as a useful methodological framework for revitalizing visiting nursing centers in the future.

Research on RAM-C-based Cost Estimation Methods for the Supply of Military Depot Maintenance PBL Project (군직 창정비 수리부속 보급 PBL 사업을 위한 RAM-C 기반 비용 예측 방안 연구)

  • Junho Park;Chie Hoon Song
    • Journal of the Korean Society of Industry Convergence
    • /
    • v.26 no.5
    • /
    • pp.855-866
    • /
    • 2023
  • With the rapid advancement and sophistication of defense weapon systems, the government, military, and the defense industry have conducted various innovative attempts to improve the efficiency of post-logistics support(PLS). The Ministry of Defense has mandated RAM-C(Reliability, Availability, and Maintainability-Cost) analysis as a requirement according to revised Total Life Cycle System Management Code of Practice in May 2022. Especially, for the project budget forecast of new PBL(Performance Based Logistics) business contacts, RAM-C is recognized as an obligatory factor. However, relevant entities have not officially provided guidelines or manuals for RAM-C analysis, and each defense contractor conducts RAM-C analysis with different standards and methods to win PBL-related business contract. Hence, this study aims to contribute to the generalization of the analysis procedure by presenting a cost analysis case based on RAM-C for the supply of military depot maintenance PBL project. This study presents formulas and procedures to determine requirements of military depot maintenance PBL project for repair parts supply. Moreover, a sensitivity analysis was conducted to find the optimal cost/utilization ratio. During the process, a correlation was found between supply delay and total cost of ownership as well as between cost variability and utilization rate. The analysis results are expected to provide an important basis for the conceptualization of the cost analysis for the supply of military depot maintenance PBL project and are capable of proposing the optimal utilization rate in relation to cost.

A Study on Travel Time Model of double shuttle AS/RS (이중 셔틀 자동창고 시스템의 주행시간 모델에 관한 연구)

  • Chae-Soo Kim;Seong-Whan Shinn
    • Journal of the Korea Safety Management & Science
    • /
    • v.3 no.3
    • /
    • pp.97-106
    • /
    • 2001
  • This paper considers automated storage and retrieval systems with double shuttle. We developed the expected travel time model based on the first come first served rule. An heuristic procedure by retrieval order sequencing was presented which aimed to improve the operation efficiency laking advantage of "No cost zone". Through sensitivity study, we evaluated the performance of the double shuttle system working on the four command cycle.

  • PDF

Heuristic Approach for Lot Sizing and Scheduling Problem with State Dependent Setup Time

  • Han, Jung-Hee
    • Industrial Engineering and Management Systems
    • /
    • v.10 no.1
    • /
    • pp.74-83
    • /
    • 2011
  • In this paper, we consider a new lot-sizing and scheduling problem (LSSP) that minimizes the sum of production cost, setup cost and inventory cost. Setup carry-over, setup overlapping, state dependent setup time as well as demand splitting are considered. For this LSSP, we develop a mixed integer programming (MIP) model, of which the size does not increase even if we divide a time period into a number of micro time periods. Also, we develop an efficient heuristic algorithm by combining a decomposition scheme with a local search procedure. Test results show that the developed heuristic algorithm finds a good quality (in practice, even better) feasible solution using far less computation time compared with the CPLEX, a competitive MIP solver.

A Six Sigma Application Case Study to Improve a Rolled Throughput Yield of an Automobile PCSV(Purge Control Solenoid Valve) (자동차 PCSV (Purge Control Solenoid Valve) 제조공정의 누적수율 개선을 위한 6시그마 적용연구)

  • Yang, Sung-Nam;Noh, Seong-Ho;Seo, Jong-Hyen
    • Journal of the Korea Safety Management & Science
    • /
    • v.14 no.1
    • /
    • pp.179-187
    • /
    • 2012
  • This paper presents a six sigma application case study for an automobile PCSV manufacturing process using rolled throughput yield improvement activity. Hidden factor and first yield concept is introduced and DMAIC procedure is implemented to maximize the first pass yield. The result of the six sigma project amounts to the reduction of failure cost of 0.1 billion won per year in the PCSV manufacturing process. This paper can benefit six sigma practitioners in some ways.

The application of Lean Six Sigma Methodology for Improving Operation in Distribution Center (물류센터 운영 개선을 위한 Lean Six Sigma 기법 적용)

  • Park, Sang-Min;Lee, Bum-Woo
    • Journal of the Korea Safety Management & Science
    • /
    • v.9 no.3
    • /
    • pp.95-102
    • /
    • 2007
  • Nowadays, globally high-grade companies have done their best for increasing their competitive power through a many kinds of method in incisive competition for making certain of a pacesetting position. Among the rest, Six Sigma have been the best methodology of improving process and have proven to be effective by the result of improving process in many of manufacturing business, however, it has not obtained excellent results in the transaction business. In transaction business, a $30\sim50%$ costs in total costs is generated by slow-speed working and reworking. The slow processes decrease the quality and increase the cost, which decreases customer satisfaction, and finally the income is decreased. All of them are so called wastes in processes. For this, adopting of lean six sigma methodology in process management can eliminate the wastes and reduce the variation. This study focuses on distribution with the domains like capacity, layout, amount of location, assignment of product, operation procedure and operation rule in order to improve these domains, we make a further application of eight analysis ways based on DMAIC method for improving operation of processes of distribution center as the third profit source. The goal of this study is to trace an approach that can easily adopt of Lean Six Sigma in operational management of distribution center by a kind of data, analysis method and template.

A study on the effective propulsion method of design VE that used TRIZ (TRIZ를 활용한 설계VE의 효율적 추진방안)

  • Oh, Jae-Won;Kim, Kwang-Soo
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
    • /
    • v.7 no.1
    • /
    • pp.177-187
    • /
    • 2012
  • Design VE is a kind of contradictive administrating that pursue both value improvement and cost reduction, whereas TRIZ is a method used to solve contradiction based on its invention principal. This paper comprehended the problems regarding the object through design VE using function analysis, and presented a number of methods to solve this by using the principal of TRIZ. This study compared the characteristics of Design VE and TRIZ, and suggested a procedure that integrates both Design VE and TRIZ.

  • PDF

Status survey on short-term agricultural machinery rental system for efficient operation (농업기계 단기임대사업의 효율적 운영을 위한 실태조사 연구)

  • Hong, Soon-Jung;Huh, Yun-Kun;Chung, Sun-Ok;Shin, Seung-Yeoub
    • Korean Journal of Agricultural Science
    • /
    • v.38 no.3
    • /
    • pp.583-591
    • /
    • 2011
  • Status survey on short-term agricultural machinery rental business was conducted to provide basic data for effective and sustainable implementation of the rental system. Selected survey samples were 34 rental management institutions such as city and county level government offices and agricultural technology development centers, and Primary Agricultural Cooperatives. Survey was conducted through mailing of questionnaire papers and direct interviews with the officers in charge of the agricultural machinery short-term rental management. Number of agricultural machinery retained by the 34 management institutions for the machinery rental business was 3,699, and numbers of the machinery were 1630 for upland crops, 929 for rice, 542 for orchard farming, 274 for animal husbandry, and 324 for common use. Regarding size of warehouse for rental agricultural machinery, 50% of the institutes were less than 660 $m^2$, 26.5% were greater than 993 $m^2$, and 23.5% were between 663 and 990 $m^2$. Institutes maintaining machinery washing facilities were only 10 (29%) among the 34 rental management institutions. Agricultural machinery rental business was advertised to farmers by 91% of the institutes, and the methods were leaflet (35.2%), village broadcasting (26.5%), call-up education (23.6%), and TV and radio (14.7%). Major contents of the advertisement were rental procedure (52.9%), rental machinery (26.5%), and rental cost (20.6%).

Compromised Network Design Model for the Strategic Alliance of Service Centers and Consolidation Terminals in Express Courier Services (택배 영업소 및 화물터미널의 전략적 제휴를 위한 절충적 네트워크 설계에 관한 연구)

  • Chung, Ki-Ho;Ko, Hyun-Jeung;Ko, Chang-Seong
    • Journal of Korean Institute of Industrial Engineers
    • /
    • v.37 no.4
    • /
    • pp.304-310
    • /
    • 2011
  • The express courier business in Korea has been recognized as one of promising business sectors with the annual growth rate of over 10 percent since 2001. As such many domestic and foreign companies have been established and are fiercely competing to extend their own market share. The severe competition has forced them to focus on achieving cost competitiveness and high level of customer service. Small and medium-sized enterprises( SMEs) with relatively poor network infrastructure in particular are facing tougher challenges to cost reduction and efficiency improvement in their logistics networks. Strategic alliances among SMEs may be an effective way to cope with these challenges. Therefore this study proposes an integer programming model for compromised network design and its solution procedure based on maxmin and maxsum criteria for strategic alliances. The applicability and efficiency of the proposed model are demonstrated through an illustrative numerical example.