• Title/Summary/Keyword: inventory management system

Search Result 599, Processing Time 0.032 seconds

A FOQ Model for Spare-Part Inventory Control (예비품(豫備品) 재고관리(在庫管理)를 위한 정량발주모형(定量發注模型))

  • Jeong, Sang-Il;Sin, Ju-Hang;Park, Yeong-Taek
    • Journal of Korean Society for Quality Management
    • /
    • v.18 no.2
    • /
    • pp.9-17
    • /
    • 1990
  • This paper deals with a FOQ( ; fixed-order quantity) model for spare-part inventory control. In a spare-part inventory problem, stock depletion arises not from external market demand but from internal demand resulting from failures of parts in use. The problem differs from the classical inventory problem in that the demand for a failed part never arises more during stockout period, since the unit remains inoperative when stockout occurs until the failed part is replaced by new one. In the problem under consideration, n identical units are operating simultaneously and failed one is replaced immediately by new one if on-hand spares remain. In order to replenish spares, an order with quantity Q is placed whenever the number of on-hand spares falls to levels. The average annual cost of operating the spare-part inventory system is derived under the assumption that both lifetime of a part and replenishment lead-time distributions are exponential.

  • PDF

The (s, S) Policy for Production/Inventory Systems with Lost Sales (판매기회가 유실되는 생산/재고 시스템에서의 (s, S) 재고정책)

  • 이효성
    • Journal of the Korean Operations Research and Management Science Society
    • /
    • v.16 no.1
    • /
    • pp.13-34
    • /
    • 1991
  • A production/inventory system is considered in which a production facility produces one type of product. The demand for the product is given by a compound Poison process and is supplied directly from inventory when inventory is available and is lost when inventory is out of stock. The processing time to produce one item is assumes to follow a general distribution. An (s, S) policy is considered in which production stops at the instant the stock on hand reachs S and the setup of the production facility begins at an inspection point when the stock on hand drops to or below s for the first time. The time interval between two successive inspection points during a non-production period is a random variable which follows a general distribution.

  • PDF

Urban Forestry's Scientic System and it's Application to Urban Openspace (都市林學(Urban Forestry)의 學問的 體系와 都市綠地空間에 對한 適用 硏究)

  • Cho, Young-Hwan
    • Journal of the Korean Institute of Landscape Architecture
    • /
    • v.18 no.3 s.39
    • /
    • pp.171-190
    • /
    • 1990
  • It is the purpose of this study to address how to manage the urban vegitation using the concept of Urban Forestry which is relatively new to Korea. When we consider the Urban Forestry as a science, We should understand it interdisciplinary subject which includes Forestry, Horticulture, Urban Planning, Landscape Design, Landuse Planning, Business and Humanities. It may say that people and tree are the fundermental components of Urban Forestry. So there are two ways of Urban Forestry Applications-How people care for trees and How trees care for People-. For the application, this study places the focus on the monetary valuation, tree inventory system and traditional forestry application to urban forest management. Pubic Relation, Communication, Ordinances and Budget are also mentioned as a part of Urban Forestry Policy. Monetary valuation of trees and forests is very important for the proper cognition of their real value. So that, they may be equated and weighed against conflicting uses which would cause to be removed or severely mutilated. A tree inventory system which is the essential part of urban tree management can provide the pertinent information about the present condition of urban tree resource. It may aid in reducing the subjectivity of tree management decisions and stimulate them to be made rapidly and can help reduce potential municipal liability by identifying serious problems in time for corrective maintenance practices to be applied for the maximize community benefits and minimimize public nuisances or hazards. Managers can derive the information from the inventory and use it for the various management plan. When we see the structure of tree inventory system as one of the data base management system, Computer is the best equipment for the efficient management plan. Public relation and communication is also important factors to care the people for urban vegetation management. Volunteer management system is a good example for the public relation and communication. Those skills are need to develop for using the priceless, valuable human resources. Budget holds the key to the execution of Urban Forestry. Good inventory can provide for efficient budgeting stratiges through it's scientific analysis for the way of maximum benefits and minimum costs. Forest can be play a vital role for the aesthetic improvement and recreation in the city. This study suggests that the traditional sivicultural application not only improve the quality of scenic beauty and recreation but also the products of timber. So it is more needed to study for strong and scientific application to urban forest management.

  • PDF

Optimal Lot-sizing and Pricing with Markdown for a Newsvendor Problem

  • Chen, Jen-Ming;Chen, Yi-Shen;Chien, Mei-Chen
    • Industrial Engineering and Management Systems
    • /
    • v.7 no.3
    • /
    • pp.257-265
    • /
    • 2008
  • This paper deals with the joint decisions on pricing and ordering for a monopolistic retailer who sells perishable goods with a fixed lifetime or demand period. The newsvendor-typed problem is formulated as a two-period inventory system where the first period represents the inventory of fresh or new-arrival items and the second period represents the inventory of items that are older but still usable. Demand may be for either fresh items or for somewhat older items that exhibit physical decay or deterioration. The retailer is allowed to adjust the selling price of the deteriorated items in the second period, which stimulates demand and reduces excess season-end or stale inventory. This paper develops a stochastic dynamic programming model that solves the problem of preseason decisions on ordering-pricing and a within-season decision on markdown pricing. We also develop a fixed-price model as a benchmark against the dual-price dynamic model. To illustrate the effect of the dual-price policy on expected profit, we conduct a comparative study between the two models. Extension to a generalized multi-period model is also discussed.

Application of Navigation System on the Cut Slope Management (네비게이션을 이용한 절토사면 데이터 관리 시스템 (Slope-Navi) 구현)

  • Bae, Sang-Woo;Bautista, Ferdinand E.;Koo, Ho-Bon;Lee, Yun-Rae
    • Proceedings of the Korean Geotechical Society Conference
    • /
    • 2010.09a
    • /
    • pp.1274-1281
    • /
    • 2010
  • Cut Slope Management System(CSMS) is a systematic maintenance and management system designed to prevent the collapse of cut slopes located along national roads and to minimize damages caused by slope collapse related accidents. In order to implement a maintenance and management system that will ensure safe road operation, the Korean government has started the inventory of cut slopes and developed a cut slope database since 2006. The study on the application of cut slope database is on-going and part of this study is the development of cut slope database management system (Slope-navi) using GIS technology and navigation system for the effective and efficient cut slope management using Information Technology. Using the Navigation Cut Slope Data Management System the previously developed database was checked and verified. The converted cut slope inventory data and field investigation reports of about 20,000 cut slopes were loaded in the navigation map. Through the development of the navigation's cut slope data search system, a systematic and efficient cut slope database management and operation in the prevention of slope collapse and remedial measure selection was established.

  • PDF

VMI with Upper Limit of Inventory for Vendor and Retailer (판매자와 구매자의 재고상한이 존재하는 VMI)

  • Lee, Dongju
    • Journal of Korean Society of Industrial and Systems Engineering
    • /
    • v.40 no.4
    • /
    • pp.105-111
    • /
    • 2017
  • Vendor Managed Inventory is a well-known vendor-retailer coordination approach in supply chain management where the vendor manages inventory of the retailer and determines the order interval and order quantity for the retailer. To consider practical situation, the upper limit of inventory for the retailer is set. If the inventory level for the retailer exceeds the upper limit, then the penalty cost is charged to the retailer. Furthermore, maximum allowable inventory level is set for the vendor to prevent the vendor from keeping much inventory. Single-vendor multi-retailer supply chain model with upper limit of inventory for vendor and retailers is studied. All the retailers' are assumed to have the common cycle time, and a vendor manages retailers' inventory and replenishes products. The mathematical formulation is introduced to minimize the total cost including the penalty cost violating the upper limit of inventory for retailers with the constraint of maximum allowable inventory level. The solution procedure based on Karush-Kuhn-Tucker (KKT) conditions is derived. KKT conditions are often applied to find an optimal solution of nonlinear programming problem with constraints. An illustrative example is used to show the application of the proposed solution procedure. Furthermore, sensitivity analysis is done to find out the relationship between maximum allowable inventory level and other values such as order quantity, the number of shipment, vendor's cost, retailer's cost, and total cost. As maximum allowable inventory level decreases, the number of shipment decreases but total cost increases. Order quantity has the trend of decline and is affected by the number of shipment.

A Study on Web Based Inventory and Customer Management System Development (웹 기반 재고관리 및 고객관리 시스템 개발)

  • 조용욱;박명규
    • Journal of the Korea Safety Management & Science
    • /
    • v.3 no.3
    • /
    • pp.131-141
    • /
    • 2001
  • Since 1990's, the Information Technology(IT) of combination between PC and Internet has progressed rapidly. As a fast development of Information Communication Technology and spreading of network, the previous economic state, the method of dealing, transaction object and a scope of transaction is changing. Like this, as raising of IT, the existing off-line commercial transaction is moving to electronic commercial one which based on the web. These days, a electronic distribution system of enterprise and the electronic commercial transaction between small company and customer is being operated, but there is no full developed proper system between small retailor and mid distribution center. So on this paper, the system which manage a simple marketing as well as Inventory Management & customer management will be presented.

  • PDF

A Study on Determine CONWIP(Constant Work In Process) System Model in the Dynamic Environment (동적환경하에서의 CONWIP(Constant Work In Process) 시스템 모델설정에 관한 연구)

  • 송관배;박재현;강경식
    • Journal of the Korea Safety Management & Science
    • /
    • v.5 no.4
    • /
    • pp.209-217
    • /
    • 2003
  • The traditional Kanban needs a lot of preconditions for fitting conditions of dynamic production processing environment. The traditional Kanban isn't suitable conditions of dynamic production processing environment. Therefore conditions of dynamic production processing environment is needed more stable system. This study is describe CONWIP system such as suitable in dynamic production processing environment. Most Pull system is a Kanban system than use Kanban cards or signal for production management and inventory control. The object of Kanban system is reducing inventory between shop-floor that can reduce inventiry cost. If the system reduce the number of Kanban cards would be reduce the working process WIP, can be reduced and can be found all potential problem of production between shop-floors. This study apply to CONWIP system model for Korean industrial companies.

Development of a Management System for Image and Personal Information for the Development of a Standard Brain for Diverse Koreans (다양한 한국인의 표준뇌를 개발하기 위한 영상 및 개인정보 관리 시스템의 개발)

  • 정순철;최도영;이정미;박현욱;손진훈
    • Journal of Biomedical Engineering Research
    • /
    • v.25 no.1
    • /
    • pp.77-82
    • /
    • 2004
  • The purpose of this study is to establish a reference for image acquisition for completion of a standard brain for diverse Korean population, and to develop a management system that saves and manage database of the acquired brain image and personal information of those who were tested. 3D MP-RAGE technique, which has excellent SNR and CNR and reduces the times for image acquisition, was selected for anatomical Image acquisition, and parameter values were obtained for the optimal image acquisition. The database management system was devised to obtain not only anatomical image data but also subjects' basic demographic factors, medical history, handedness inventory state-trait anxiety inventory, A-type personality inventory, self-assessment depression inventory questionnaires of Sasang Constitution Mini-Mental State Examination, intelligence test, and personality test via a survey questionnaire and to save and manage the results of the tests. In addition, this system was designed to have functions of saving, inserting, deleting, searching, and Printing of image da a and personal information of subjects, and to have accessibility to them as well as automatic connection setup with ODBC. This newly developed system may have major contribution to the completion of a standard brain of diverse Korean population in that it can save and manage their image date and personal information.

ASSESSING THE RISK-POOLING EFFECT OF WAREHOUSE INVENTORY IN A ONE-WAREHOUSE N-RETAINER DISTRIBUTION SYSTEM

  • Park, Sangwook
    • Proceedings of the Korean Operations and Management Science Society Conference
    • /
    • 1998.10a
    • /
    • pp.392-395
    • /
    • 1998
  • This paper suggests the“infinite-retailer model”to approximate expected backorders per cycle of the One-warehouse N-retailer distribution system where the warehouse holds back some of the replenishment quantity to satisfy retailer backorders at the end of the cycle through direct shipping to customers. The main objective is to show the functional relationship between the warehouse inventory and the expected backorders per cycle. We illustrate the relationship using a uniform demand case.

  • PDF