• Title/Summary/Keyword: value distribution

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An Improved Reorder Policy for the General Multi-Echelon Distribution Supply Chain Based on the Order Risk (일반적 다계층 분배형 공급사슬에서 주문리스크 기반의 개선된 재주문정책에 관한 연구)

  • Seo, Yong-Won
    • IE interfaces
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    • v.17 no.3
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    • pp.359-374
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    • 2004
  • The objective of this paper is to provide an improved reorder decision policy for general multi-echelon distribution systems utilizing the shared stock information. It has been known that traditional reorder policies sometimes show poor performance in distribution systems. Thus, in our previous research we introduced the order risk policy which utilizes the shared stock information more accurately for the 2- echelon distribution system and proved the optimality. However, since the real world supply chain is generally composed with more than 2 echelons, we extend the order risk policy for the general multi-echelon systems. Since the calculation of the exact order risk value for general multi-echelon systems is very complex, we provide two approximation methods for the real-time calculation. Through the computational experiment comparing the order risk policy with the existing policies under various conditions, we show the performance of the order risk policy and analyze the value of the shared stock information varying with the characteristics of the supply chain.

Development of Probability Computation Program for Standard Normal Distribution (표준정규분포의 확률계산 프로그램 개발)

  • 송서일
    • Journal of Korean Society for Quality Management
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    • v.25 no.1
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    • pp.182-192
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    • 1997
  • The well-known standard normal distribution has been used within the limit of standard variable value of u=3.59. However, the probability values above the limit are not given in the literature. In this study, a probability computation program for standard normal distribution to u=5.99 with the proportional normal distribution a, pp.oximation suggested by Abramowitz and Stegun, Hastings is developed. The new standard normal distribution table developed by the program is presented and will be of help to estimate of probability values for testing and estimation of process mean value, lot acceptable probability, defective percentage of PPM unit of an out-of specification limit, process capability, test power of control charts, probability and statistics.

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THE ASYMPTOTIC BEHAVIOUR OF THE AVERAGING VALUE OF SOME DIRICHLET SERIES USING POISSON DISTRIBUTION

  • Jo, Sihun
    • East Asian mathematical journal
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    • v.35 no.1
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    • pp.67-75
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    • 2019
  • We investigate the averaging value of a random sampling of a Dirichlet series with some condition using Poisson distribution. Our result is the following: Let $L(s)={\sum}^{\infty}_{n=1}{\frac{a_n}{n^s}}$ be a Dirichlet series that converges absolutely for Re(s) > 1. If $X_t$ is an increasing random sampling with Poisson distribution and there exists a number $0<{\alpha}<{\frac{1}{2}}$ such that ${\sum}_{n{\leq}u}a_n{\ll}u^{\alpha}$, then we have $${\mathbb{E}}L(1/2+iX_t)=O(t^{\alpha}{\sqrt{{\log}t}})$$, for all sufficiently large t in ${\mathbb{R}}$. As a result, we get the behaviour of $L({\frac{1}{2}}+it)$ such that L is a Dirichlet L-function or a modular L-function, when t is sampled by the Poisson distribution.

ON RELATIONS FOR QUOTIENT MOMENTS OF THE GENERALIZED PARETO DISTRIBUTION BASED ON RECORD VALUES AND A CHARACTERIZATION

  • Kumar, Devendra
    • Journal of applied mathematics & informatics
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    • v.31 no.3_4
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    • pp.327-336
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    • 2013
  • Generalized Pareto distributions play an important role in re-liability, extreme value theory, and other branches of applied probability and statistics. This family of distribution includes exponential distribution, Pareto distribution, and Power distribution. In this paper we establish some recurrences relations satisfied by the quotient moments of the upper record values from the generalized Pareto distribution. Further a char-acterization of this distribution based on recurrence relations of quotient moments of record values is presented.

RECURRENCE RELATIONS FOR QUOTIENT MOMENTS OF GENERALIZED PARETO DISTRIBUTION BASED ON GENERALIZED ORDER STATISTICS AND CHARACTERIZATION

  • Kumar, Devendra
    • Journal of the Chungcheong Mathematical Society
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    • v.27 no.3
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    • pp.347-361
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    • 2014
  • Generalized Pareto distribution play an important role in reliability, extreme value theory, and other branches of applied probability and statistics. This family of distribution includes exponential distribution, Pareto or Lomax distribution. In this paper, we established exact expressions and recurrence relations satised by the quotient moments of generalized order statistics for a generalized Pareto distribution. Further the results for quotient moments of order statistics and records are deduced from the relations obtained and a theorem for characterizing this distribution is presented.

An Exploratory Study for Artificial Intelligence Shopping Information Service (인공지능 쇼핑 정보 서비스에 관한 탐색적 연구)

  • Kim, Hey-Kyung;Kim, Wan-Ki
    • Journal of Distribution Science
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    • v.15 no.4
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    • pp.69-78
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    • 2017
  • Purpose - The study was AI as exploratory study on artificial intelligence (AI) shopping information services, to explore the possibility of a new business of the distribution industry. For research, we compare to IBM of consumer awareness surveys an AI shopping information service for retailing channel and target goods group. Finally, we present to service scenario for distribution service using AI. Research design, data, and methodology - First, to identify possible the success of the information service shopping using AI, AI technology for the consumer is very important for the acceptance of judgement. Therefore, we explored the possibility of AI information service for business as a shopping. The experimental data were used to interpret the meaning of the relevant literature and the IBM Institute of Business Value (IBV) Report 2015. This research is based on the use of a technical acceptance model (TAM) to determine whether the consumer would adopt the 'AI shopping information service' technology. Step 1 of the process assumes that the consumer adopts AI technology. In step 2, consumers find their preference channels and goods targeted at them as per their preferences. Finally Step 3, we present scenario for 'AI shopping information service' based on the results of Step 1 and 2. Results - Consumers have expressed their high interests in the new shopping information services, especially the on/off line distribution channels can use shopping information to increase the efficiency in provision of goods. Digital channel (such as SNS, online shopping etc.) is especially high value goods such as cars, furniture, and home appliances by displaying it to an appropriate product group. Conclusions - The study reveals the potential for the use of new business models such as 'AI shopping information service' by the distribution industry. We present seven scenario related AI application refer from IBM suggestion, and the findings would enable the distribution industry to approach target consumers with their products, especially high value goods. 'Shopping advisor' is considered to the most effective. In order to apply to the other field of the distribution industry business, which utilizes AI technology, it should be accompanied by additional empirical data analysis should be undertaken.

The Study on the Compaction Characteristics of Underground Structural Backfill with Reclaimed Soil (준설토를 이용한 지하구조물 뒷채움 다짐특성에 관한 연구)

  • 김영웅;박기순;손형호;김종국
    • Proceedings of the Korean Geotechical Society Conference
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    • 1999.03a
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    • pp.357-364
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    • 1999
  • The purpose of this study is to analysis the grain distribution and compaction characteristics of structural backfill with reclaimed soil. Five(5) reclaimed soil samples which passed #200 sieve have been used in the test. The study showed that the maximum dry density and the bearing value rate turned out to be becoming smaller when the more the quantity passed #200 sieve, the smaller the soil grain. The maximum dry density value calculated from the compaction md relative density test showed wet method > compaction method > dry method. The correlation coefficient between Rc and Dr based on the grain distribution and the compaction characteristics showed that the maximum dry density value by the wet method is little higher than the compaction method and dry method.

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Revisiting Self-Enhancement Bias and Transformational Leadership Using the Extended Theory of Planned Behavior

  • Yang, Hoe-Chang
    • Journal of Distribution Science
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    • v.12 no.9
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    • pp.83-93
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    • 2014
  • Purpose - This study attempted to identify any influencing relationships, between the antecedent variables and the members' innovative work behavior, which were expected to influence organizational performance based on the extended theory of planned behavior (ETPB). Research design, data, and methodology - The survey was conducted on SMEs in Seoul and its metropolitan area. A total of 158 copies of effective questionnaires were used and were analyzed through correlation analysis, regression analysis, and multiple regression. Results - Self-efficacy, value, intrinsic motivation, and self-enhancing bias have been found to have a positive relationship with innovative work behavior. In addition, transformational leadership was found to moderate the existence of a statistically significant negative influence between value, intrinsic motivation, and innovative work behavior. Conclusions - The results suggest that leaders will be successful in winning members' trust through conducting their behaviors in accordance with the applicable ethical and moral standards and through their fair, transparent, and legitimate management practices with an attitude of 'taking the initiative and setting an example', and this will help solve such problems.

Analysis of Human Resource Status in Internal Accounting Control Systems in the Distribution and Service Industries

  • RYU, Haeyoung;CHAE, Soo-Joon
    • Journal of Distribution Science
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    • v.18 no.9
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    • pp.5-11
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    • 2020
  • Purpose: We sought to investigate the operation status of internal accounting control systems in the distribution and service industries and verify whether investing in internal accounting personnel significantly influences the quality of the companies' financial reporting. Research design, data and methodology: We identified descriptive statistics and performed a univariate analysis. Furthermore, a regression analysis verified the impact of investing in internal accounting personnel on the absolute value of discretionary accruals, a proxy for financial reporting quality. Results: Distribution and service companies allocated a significantly higher number of accountants to their internal accounting control systems than companies in other industries. We also confirmed that the absolute value of discretionary accruals significantly decreased as the average working experience of internal accounting personnel in distribution and service companies, in months, increased. Conclusions: In this study, we confirmed that distribution and service companies are devoting efforts to establishing internal accounting control systems and found that financial reporting quality is more effectively controlled as companies allocate more experienced personnel in their internal accounting control system.

A Techno-Economic Feasibility Analysis on LVDC Distribution System for Rural Electrification in South Korea

  • Afamefuna, David;Chung, Il-Yop;Hur, Don;Kim, Ju-Yong;Cho, Jintae
    • Journal of Electrical Engineering and Technology
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    • v.9 no.5
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    • pp.1501-1510
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    • 2014
  • Low voltage direct current (LVDC) distribution system is a suitable techno-economic candidate which can create an innovative solution for distribution network development with respect to rural electrification. This research focuses on the use of LVDC distribution system to replace some of KEPCO's existing traditional medium voltage alternating current (MVAC) distribution network for rural electrification in South Korea. Considering the technical and economic risks and benefits involved in such project, a comparative techno-economic analysis on the LVDC and the MVAC distribution networks is conducted using economic assessment method such as the net present value (NPV) on a discounted cash flow (DCF) basis as well as the sensitivity analysis technique. Each would play a role in an economic performance indicator and a measure of uncertainty and risk involved in the project. In this work, a simulation model and a computational tool are concurrently developed and employed to aid the techno-economic analysis, evaluation, and estimation of the various systems efficiency and/or performance.