• 경영과학
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• 제31권3호
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• pp.95-111
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• 2014

It is essential to carry out an economic analysis on public water supply projects so that policy makers and water enterprises are aware of the actual value of the project. However, many popular approaches based on discounted cash flow analysis do not capture the uncertainties inherent in cash flow. In order to analyze the economic values of the water supply project of local governments, we utilize real option model, which considers uncertainty in future water price behavior and captures the value of real life flexibility. The real option model is designed to incorporate the option to expand and abandon, and it is applied to a local government case. Furthermore, we assess the project by exploring Luehrman's option space to accommodate the more efficient decision making. The results show that substantial amount of potential value is included in the public water supply service, and the overall value is greater than the value obtained from the discounted cash flow model.

• 한국산학기술학회논문지
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• 제19권4호
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• pp.481-491
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• 2018

역동적이고 불확실하고 복잡한 글로벌 경영환경에서는 공급사슬에 참여하는 기업들이 보유하고 있는 자원과 역량을 활용하는 공급사슬 관리가 공급사슬 성과를 결정한다. 개방형 혁신을 추구하는 기업일수록 외부 환경에 대한 접근이 많아지고 지식 유. 출입과 학습 경험이 누적될 것이므로, 동적역량으로부터 성과를 창출해 내는 데 우위를 점할 것이다. 본 연구는 공급사슬 동적역량, 개방형 혁신, 공급불확실성이 공급사슬 성과에 어떠한 영향을 미치는지를 분석하였다. 국내 코스닥 상장기업 178개 기업에 대한 설문 조사를 통하여 나온 연구 결과를 살펴보면 첫째, 공급사슬 동적역량 중 통합과 반응성이 공급사슬성과에 유의한 정(+)의 영향을 미치고 있는 것으로 나타났다. 둘째, 개방형 혁신의 조절효과는 정보교환의 경우는 부(-)의 효과, 통합, 협력, 반응성의 경우는 정(+)의 효과를 나타내었다. 셋째 공급불확실성을 추가한 3원 상호작용항 중 '정보교환*개방형혁신*공급불확실성'과 '통합*개방형혁신*공급불확실성'의 2개 상호작용항이 유의한 것으로 나타났다. 본 연구의 시사점으로는 첫째, 공급사슬은 개별 기업단위가 아니라 공급사슬 구성 요소들 간에 이루어지는 전체 프로세스의 최적화를 달성해야 하므로 성과 향상을 위해서는 동적역량이 중요한 역할을 하고 있으며, 둘째, 비교적 업력이 짧고 자본력이 열세인 코스닥 기업에게는 외부 지식을 흡수하여 활용하는 개방형 혁신이 유용하며, 그 효과를 증대시키기 위해서는 동적역량을 그에 맞추어 개발하여야 하다는 점이다. 셋째, 자원이 제약되므로 경영자는 공급불확실성 수준에 적합하도록 역량이나 개방형 혁신의 유형이나 수준을 결정해야 한다. 본 연구는 횡단면 조사 자료(survey data)를 분석하였다는 한계가 있으므로 이차 자료나 종단면 자료를 수집하는 연구가 향후 필요하다. 또한 공급사슬 성과에 중요한 영향을 미치는 조직내외의 요인을 추가로 분석할 필요도 있다.

• 한국경영과학회지
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• 제36권3호
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• pp.61-74
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• 2011

The objective of this study is to evaluate the effects of sharing uncertain yield information with a downstream supply chain player. We are interested in understanding how the amount of yield uncertainty affects the supply-side benefits and/or costs, which has not been considered in the literature, in addition to the customer-side benefits. With that purpose, this work evaluates a supplier who provides yield information in comparison with another supplier who shares no information. We simulate an order-up-to type heuristic policy that is adapted from the literature and reasonably modified to represent yield information sharing with error. From the simulation study, we argue that the customer would experience cost reduction, but the cost for supplier's inventory is increasing when sharing yield information. Furthermore, the amount of benefits and costs are situational and affected by level of yield uncertainty and demand variance. Based on the simulation study, we finally make several recommendations for the supply-side approaches to yield information sharing.

• 복식문화연구
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• 제8권1호
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• pp.30-39
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• 2000

The purpose of this study were to 1) identify types and levels of production environments, 2) classify apparel manufacturers based on production environments and 3) investigate relationship between characteristics of apparel manufacturers and production environment. Apparel manufacturer's characteristics included product line and the number of employees. For this study, the questionnaires were administered to 215 apparel manufacturers in seoul and Kyung-gi region from Feb. to Mar. 1998. Employing a sample of 201, data were analyzed by factor analysis, descriptive statistics, cluster analysis, cluster analysis, discriminant Analysis, and multivariate analysis of variance. The following are the results of this study : 1. The production environment was identified as three types such as complexity of product environment, uncertainty of demand/supply environment and uncertainty of worker environment. 2. Based on three types of the production environment, apparel manufacturers were classified into stable group, uncertain group and complicated group. 3. With respect to product line, men's wear manufacturers were lied the most high complexity of product environment, casual wear and knit wear were lied the most frequently uncertainty of worker environment. With respect to the number employees, apparel manufacturers comprising 50∼99 employees were lied the most high complexity of product environment, while those comprising 100∼299 employees the most high demand/supply environment.

• 산업경영시스템학회지
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• 제40권4호
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• pp.29-37
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• 2017

This papers focuses on remanufacturing processes in a closed loop supply chain. The remanufacturing processes is considered as one of the effective strategies for enterprises' sustainability. For this reason, a lot of companies have attempted to apply remanufacturing related methods to their manufacturing processes. While many research studies focused on the return rate for remanufacturing parts as a control parameter, the relationship with demand certainties has been studied less comparatively. This paper considers a closed loop supply chain environment with remanufacturing processes, where highly fluctuating demands are embedded. While other research studies capture uncertainties using probability theories, highly fluctuating demands are modeled using a fuzzy logic based ambiguity based modeling framework. The previous studies on the remanufacturing have been limited in solving the actual supply chain management situation and issues by analyzing the various situations and variables constituting the supply chain model in a linear relationship. In order to overcome these limitations, this papers considers that the relationship between price and demand is nonlinear. In order to interpret the relationship between demand and price, a new price elasticity of demand is modeled using a fuzzy based nonlinear function and analyzed. This papers contributes to setup and to provide an effective price strategy reflecting highly demand uncertainties in the closed loop supply chain management with remanufacturing processes. Also, this papers present various procedures and analytical methods for constructing accurate parameter and membership functions that deal with extended uncertainty through fuzzy logic system based modeling rather than existing probability distribution based uncertainty modeling.

• Industrial Engineering and Management Systems
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• 제16권1호
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• pp.22-43
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• 2017

It is urgently-needed to construct a green supply chain (GSC) from collection of used products through recycling of them to sales of products using the recycled parts. Besides, it is necessary to consider the uncertainty in product demand as a risk in a GSC. This study proposes the optimal operations for a GSC with a retailer and a manufacturer. A retailer pays an incentive for collection of used products from customers and sells a single type of products in a market. A manufacturer produces the products ordered by the retailer, using recyclable parts with acceptable quality and compensates the collection cost of used products as to the recycled parts. This paper discusses the following risk attitudes: risk-neutral attitude, risk-averse attitude, and risk-prone attitude. Using mean-variance analysis, the optimal decisions for product order quantity, collection incentive, and lower limit of quality level, in the decentralized GSC (DGSC) and the integrated GSC (IGSC) are made. DGSC optimizes the utility function of each member. IGSC does that of the whole system. The analysis numerically investigates how (i) risk attitude and (ii) quality of recyclable parts affect the optimal operations. Supply chain coordination between GSC members to shift IGSC from DGSC is discussed.

• 산업경영시스템학회지
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• 제38권1호
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• pp.83-89
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• 2015

Selection of efficient supplier is a very important process as risk or uncertainty of a supply chain and its environment are increasing. Previous deterministic DEA and probabilistic DEAs are very limited to handle various types of risk and uncertainty. In this paper, I propose an improved probabilistic DEA which consists of two steps; Monte Carlo simulation and statistical decision making. The simulation results show that the proposed method is proper to distinguish supplier's performance and provide statistical decision background.

• Industrial Engineering and Management Systems
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• 제13권1호
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• pp.15-28
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• 2014

Evaluation of the implementation and performance of a firm's green supply chain management (GSCM) is an ongoing process. Balanced scorecard is a multi-criteria evaluation concept that highlights implementation and performance measures. The literature on the framework is abundant literature but scarce on how to build a hierarchical framework under uncertainty with dependence relations. Hence, this study proposes a hybrid approach, which includes applied interpretive structural modeling to build a hierarchical structure and uses the analytic network process to analyze the dependence relations. Additionally, this study applies the fuzzy set theory to determine linguistic preferences. Twenty dependence criteria are evaluated for a GSCM implemented firm in Taiwan. The result shows that the financial aspect and life cycle assessment are the most important performance and weighted criteria.

• Korean Chemical Engineering Research
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• 제46권2호
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• pp.316-329
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• 2008

최근의 급변하는 시장 상황의 변화와 제품의 수요에 대한 다양한 요구는 회분식 공정에 의한 다품종 소량생산으로의 전환을 가져오게 하였다. 이러한 회분식 공정은 주로 정밀 화학 관련 제품들인 의약품, 생화학 제품, 농약, 고분자 소재 등의 생산에 사용되어 왔지만, 근래에는 윤활유, 섬유, 석유 화학, 식품 같은 제품의 생산에도 널리 적용되고 있다. 그러나 회분식 공정은 원료의 공급, 제품의 가격 등과 같은 불확실 변수에 의한 조업의 변화가 자주 발생하는 단점이 있다. 이러한 조업의 변화는 조업시간의 변동과 각 부분별 예측량이 달라져 시장 경쟁력을 잃게 된다. 이에 공급망 상에 위치한 각 부서별, 기업별 협력과 조정을 통한 총체적 관점에서의 최적화를 추구하는 공급사슬 관리에 관한 관심이 고도되고 있다. 이에 본 논문에서는 회분식 공정에 공급사슬 관리 기법을 도입하여 원자재의 구매에서부터 분배에 이르는 전과정에 대한 총체적인 최적해를 찾고 각 공급사슬간의 영향력을 조사, 분석하였다. 또한 본 논문에서는 생산계획과 상세일정계획 모델의 통합과 수요에 대한 단계별 예측을 통해 시장 변화와 불확실 변수(uncertainty)에 대한 적절한 대응방안을 모색하여, 회분식 공정에서의 공급사슬 관리 모델을 개발하였다. 이와 함께 각각의 공급사슬간 인터페이스를 통하여 정보와 물류의 통합이 이루어지게 하여, 실제 주문과 수요의 변화에 대하여 생산계획, 구매계획, 일정계획 및 분배계획을 수립하여 안정적인 공급이 이루어지게 하였다.

• Industrial Engineering and Management Systems
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• 제13권2호
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• pp.129-147
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• 2014

This study proposes an optimal operational policy for a green supply chain (GSC) where a retailer pays an incentive for collection of used products from customers and determines the optimal order quantity of a single product under uncertainty in product demand. A manufacturer produces the optimal order quantity of product using recyclable parts with acceptable quality levels and covers a part of the retailer's incentive from the recycled parts. Here, two scenarios for the product demand are assumed as: the distribution of product demand is known, and only both mean and variance are known. This paper develops mathematical models to find how order quantity, collection incentive of used products and lower limit of quality level for recycling affect the expected profits of each member and the whole supply chain under both a decentralized GSC (DGSC) and an integrated GSC (IGSC). The analysis numerically compares the results under DGSC with those under IGSC for each scenario of product demand. Also, the effect of the quality of the recyclable parts on the optimal decisions is shown. Moreover, supply chain coordination to shift the optimal decisions of IGSC is discussed based on: I) profit ratio, II) Nash bargaining solution, and III) Combination of (I) and (II).