An association analysis of high-price inventory items for semiconductor industry

IF 5.5 Q1 MANAGEMENT
Tzu-Tsung Wong, Ying-Jen Chen
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引用次数: 0

Abstract

A semiconductor company has hundreds of items for its production, and the costs for some of them are high. Too many high-price items in a warehouse can result in high holding costs, aging items, low turnover rate, and the shortage of storage space. All of these deficiencies can be overcome if idle items can be recommended to satisfy the needs of various departments in a semiconductor company. The requisition data on 69 high-price items from four departments are collected to perform association analysis. The top ten association rules with the highest lift are filtered to discovery relevant items for making recommendations. The associations among high-price items are also used to reallocate their positions in a warehouse so that storekeepers can pick up necessary items efficiently.
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来源期刊
CiteScore
8.00
自引率
4.50%
发文量
47
期刊介绍: Asia Pacific Management Review (APMR), peer-reviewed and published quarterly, pursues to publish original and high quality research articles and notes that contribute to build empirical and theoretical understanding for concerning strategy and management aspects in business and activities. Meanwhile, we also seek to publish short communications and opinions addressing issues of current concern to managers in regards to within and between the Asia-Pacific region. The covered domains but not limited to, such as accounting, finance, marketing, decision analysis and operation management, human resource management, information management, international business management, logistic and supply chain management, quantitative and research methods, strategic and business management, and tourism management, are suitable for publication in the APMR.
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