{"title":"Raw Material Inventory Optimization with Long Leadtime","authors":"Nabilah Febriani, Komarudin","doi":"10.1109/ICBIR54589.2022.9786476","DOIUrl":"https://doi.org/10.1109/ICBIR54589.2022.9786476","url":null,"abstract":"Inventory management is an essential component in supporting production. Factories must implement inventory control to achieve the desired productivity. Material shortages disturb production, while material excess makes spending soar. To prevent these problems, this study aims to analyze raw material requirements and inventory control management at a factory. This paper compares the classic economic order quantity (EOQ) model and Monte Carlo simulation and optimization considering random elements. The order quantity and the reorder point will be obtained using both methods. The results show that the Monte Carlo simulation produces lower inventory costs.","PeriodicalId":216904,"journal":{"name":"2022 7th International Conference on Business and Industrial Research (ICBIR)","volume":"54 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-05-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122055497","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Understanding Characteristics of Organizations for E-Commerce Adoption in the New Normal Era","authors":"Phatcharika Naunthong","doi":"10.1109/ICBIR54589.2022.9786424","DOIUrl":"https://doi.org/10.1109/ICBIR54589.2022.9786424","url":null,"abstract":"E-commerce or electronic commerce is the activity of buying or selling goods over the Internet. In the new normal era, many companies have adopted e-commerce for being survival and successful. The literatures have reviewed and focused on different factors that lead to the adoption of e-commerce; however, the gap was to identify the common characteristics of suitable organizations. The purposes of this research were to study the common factors for ecommerce adoption and to address the suitability of factors in different market segments. This paper collected 300 questionnaires from different e-commerce companies in Thailand. Data was then analyzed based on descriptive analysis and significant tests. The important results showed that e-commerce was widely used among small-size companies in textiles industry where most of them globally sold through available applications. They mostly had semi-automation level and business-to-customer model for their operation. In addition, the significant factors for the adoption of e-commerce were business scope, automation level and type pf platform while size of organizations and type of industry showed no influence on the operation of different market segments including business-to-business, business-to-customer and customer-to-customer.","PeriodicalId":216904,"journal":{"name":"2022 7th International Conference on Business and Industrial Research (ICBIR)","volume":"9 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-05-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125558618","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
T. Rautio, M. Hietala, Marika Hirvimäki, J. Mäkikangas, J. Kumpula, A. Järvenpää
{"title":"Fatigue Life and Surface Quality of Laser Powder Bed Fusion Manufactured 316L Parts by Laser Heat Treatment","authors":"T. Rautio, M. Hietala, Marika Hirvimäki, J. Mäkikangas, J. Kumpula, A. Järvenpää","doi":"10.1109/ICBIR54589.2022.9786466","DOIUrl":"https://doi.org/10.1109/ICBIR54589.2022.9786466","url":null,"abstract":"Laser heat treatment (LHT) with two sets of energy inputs was applied to laser powder bed fusion (LPBF) manufactured 316L parts and its effects were studied in this research. LHT processed structures were compared to the as built material in terms of microstructural analysis, hardness measurements and mechanical testing, surface roughness and fatigue life. The results show that the LHT can be used to enhance the material properties of LPBF manufactured 316L parts in several ways. With the higher energy density, the surface roughness could be nearly halved while the fatigue strength was simultaneously doubled with no meaningful recorded loss in hardness or ultimate tensile strength. Microstructural evolution at the surface due to the LHT resulted in a mixture of coarse columnar dendrite and cellular grain structure. According to the findings of this work, LHT appears as an attractive tool for enhancing the properties of LBPF 316L.","PeriodicalId":216904,"journal":{"name":"2022 7th International Conference on Business and Industrial Research (ICBIR)","volume":"21 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-05-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124880503","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Level Up, Community Based Tourism: An Analysis of Thailand’s Tourism Social Enterprise: Case Study of Local Alike","authors":"Ploy Umpornpet, Suwaraporn Noinamkam","doi":"10.1109/ICBIR54589.2022.9786464","DOIUrl":"https://doi.org/10.1109/ICBIR54589.2022.9786464","url":null,"abstract":"Long before globalization, the digital age, and sustainable development, the world evolves and progressed along an advanced knowledge of human intelligent, and the economic that is driven mainly by capitalism. Intrigued in ways to pursuit both the profit and benefit but for certain, demise from monetary. Achieving Social Values and counting it as the main profit for an organization is a business model that is worth looking into. A Social Enterprise (SE), with its aim to attain social values and benefit as their main revenue stream, this article would further realize and decode to propose of an ideal Business Model for the greater good. “Local Alike”, as Tourism Social Enterprise (TSE) has emerged in Thailand and developed countless of both successes and failures business models, it has conquered stages of uncertainty during this so called ’Ever - Changing Era’. Local Alike has combined both the social values and benefit models to lead the community and most importantly it has effectively invented and developed a “CBT Model” this article intended to focus on analyzing, as it is with hope to simplified and high-lighted of social enterprise whose certainly know to’ think globally but act locally to lead nations’ CBT.","PeriodicalId":216904,"journal":{"name":"2022 7th International Conference on Business and Industrial Research (ICBIR)","volume":"73 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-05-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"117177180","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"On-site Impression Grasping System Using SNS Location Information and Sentiment Analysis","authors":"Ryosuke Yamano, Thatsanee Charoenporn, Virach Sornlertlamvanich","doi":"10.1109/ICBIR54589.2022.9786445","DOIUrl":"https://doi.org/10.1109/ICBIR54589.2022.9786445","url":null,"abstract":"In the recent years, information from such as Social Networking Service (SNS) is overflowing. It draws a great attention from research community in efficiently collecting and analyzing what is being shared in real time. Extracting topics in SNS and analyzing the emotional expression related to those topics are one of the means to know the trends of social interest. In the conventional sentiment analysis, the sentiment of a sentence is estimated on a word-by-word basis, which tends to give undesired results. In many cases, such as negative auxiliary verbs, adverbs, and adjectives related to emotional words are ignored in configurating the emotional expressions. In this research, a method of natural language processing (NLP) in sentiment analysis is performed phrase by phrase by combining the results of active text analysis with the location information. We propose a method to grasp the social impression on an event by improving the phrase level sentiment analysis combining to the location information.","PeriodicalId":216904,"journal":{"name":"2022 7th International Conference on Business and Industrial Research (ICBIR)","volume":"408 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-05-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122458227","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Investment Decision Analysis of PPP Project of Hangzhou-Taizhou High-Speed Railway in China","authors":"Xinying Li","doi":"10.1109/ICBIR54589.2022.9786400","DOIUrl":"https://doi.org/10.1109/ICBIR54589.2022.9786400","url":null,"abstract":"With the rapid development of global economy, more and more countries in the world attach importance to railway construction. In recent years, China has further deepened the reform of investment and financing system, and encouraging and guiding private capital to invest in railways is one of its important contents. In this situation, it has become a development trend to implement railway construction in PPP mode. In addition, investment decision-making methods have always been concerned by investors, and the choice of appropriate investment decision-making methods is beneficial for investors to make correct investment decisions, enhance the possibility of profit and reduce investment risks. Therefore, taking the PPP project of Hangzhou-Taizhou High-speed Railway in China as an example, this paper analyzes with the appropriate investment decision analysis method, demonstrates the limitations of each financial index with data, and finally draws a conclusion. From the theoretical point of view, for large investment projects, we should clearly grasp the investment decision analysis method, comprehensive multiple indicators collaborative analysis, to make objective evaluation; From the practical point of view, the research of this project can provide beneficial help for investment decision makers, and is also beneficial for managers to examine project investment and supervision.","PeriodicalId":216904,"journal":{"name":"2022 7th International Conference on Business and Industrial Research (ICBIR)","volume":"340 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-05-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126162057","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Factors Affecting Intention to Lead of Young Leaders in the Virtual Teams","authors":"Penjira Kanthawongs","doi":"10.1109/ICBIR54589.2022.9786412","DOIUrl":"https://doi.org/10.1109/ICBIR54589.2022.9786412","url":null,"abstract":"The researcher investigated factors impacting intention to lead of young leaders in the virtual teams in Thailand. The population of this research was the young leaders studying and using virtual teams at a large private university located in Pathum Thani province. The samples of 384 valid participants were collected with the use of survey method. Most of the participants were females around 20 years of age. Most of them were the second year in the university. Their grade point average was 3 to 3.99. Most of them were from School of Business Administration. The multiple regression analysis and descriptive statistics were implemented. The researcher revealed that conflict management and transformational leadership respectively had positive influence towards behavior intention to be leaders in the virtual teams in Thailand.","PeriodicalId":216904,"journal":{"name":"2022 7th International Conference on Business and Industrial Research (ICBIR)","volume":"10 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-05-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132186377","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Role of Social Media Marketing and Product Characteristics on Increasing Consumer Satisfaction and Korean Skincare Products Repurchase Intention in Indonesia","authors":"Ratih Noviani, Friskila Anugrah, Theresia Inggrid Manangka, Yuniarty","doi":"10.1109/ICBIR54589.2022.9786467","DOIUrl":"https://doi.org/10.1109/ICBIR54589.2022.9786467","url":null,"abstract":"This study was conducted to determine the essential factors that affect the repurchase intentions of a Korean skincare product. The result of the study provides some valuable insights. According to the results, the most important factors which motivate any consumer of Korean skincare products to repurchase are social media marketing, skincare characteristics product, and consumer satisfaction. Using nonprobability sampling and questionnaires, it collected 211 Korean skincare users domiciled in Jakarta and who had more than one purchase. Analyzed using Structural Equation Modeling (SEM) and empirically tested using Partial Least Square (PLS). This study helps companies and marketers to understand consumer buying behaviour to create impactful e-business and marketing strategies. Research shows that social media marketing and product characteristics affect consumer satisfaction and encourage consumers to make repurchase decisions.","PeriodicalId":216904,"journal":{"name":"2022 7th International Conference on Business and Industrial Research (ICBIR)","volume":"116 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-05-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127999384","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Xiaobo Shen, Jonathan M. Caballero, Ronaldo Juanatas
{"title":"Research on Vehicle Identification Algorithm Based on Sound Signal","authors":"Xiaobo Shen, Jonathan M. Caballero, Ronaldo Juanatas","doi":"10.1109/ICBIR54589.2022.9786447","DOIUrl":"https://doi.org/10.1109/ICBIR54589.2022.9786447","url":null,"abstract":"With the fast development of information technology, the collection of traffic information plays a pivotal role in the intelligent management of traffic. The core of traffic information collection system is confirmed in vehicle detection, speed judgment and vehicle type identification. As an important part of intelligent transportation, it is widely used in toll collection system, traffic data statistics and other related work, especially in Expressway Automatic Toll Collection System, The automatic identification of vehicle type plays an extremely important role. The sound signal of engine generated by the driving vehicle is used as the research object in this paper. After signal preprocessing, wavelet denoising and AR feature extraction, it is sent to the BP neural network algorithm for classification and recognition. The simulation results show that the system has high recognition rate and strong stability, and can meet the needs of practical application.","PeriodicalId":216904,"journal":{"name":"2022 7th International Conference on Business and Industrial Research (ICBIR)","volume":"65 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-05-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133798295","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Determination of Transporter KPI’s and Transporter Selection for Delivery of Finished Goods to Customers using Analitycal Hierarchy Process and TOPSIS methods in Packaging Manufacturing","authors":"Gandi Henra Laksana Bintang, A. Moeis","doi":"10.1109/ICBIR54589.2022.9786524","DOIUrl":"https://doi.org/10.1109/ICBIR54589.2022.9786524","url":null,"abstract":"This research was conducted at a manufacturing company engaged in paper and flexible packaging with the main products being packaging materials made of paper and plastic. Several problems related to the delivery of finished goods to customers and in addition, the company has operated for more than 7 years and the transporter KPI has never been determined as the basis for selecting a transporter. The AHP-TOPSIS method is used to determine which KPIs and transporters are the priority to be selected for the company’s finished goods delivery operations. The determination of criteria and sub-criteria is built on expert answers with closed and semi-open questionnaires. From data processing using the AHP and TOPSIS methods, the best transporter is obtained which is expected to be able to meet the company’s needs in shipping finished goods to packaging manufacturing customers whose demands are getting higher with the times.","PeriodicalId":216904,"journal":{"name":"2022 7th International Conference on Business and Industrial Research (ICBIR)","volume":"141 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-05-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134435892","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}