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Articles 61 - 76 of 76
Full-Text Articles in Engineering
Real-Time Inbound Marketing: A Use Case For Digital Banking, Alan Megargel, Venky Shankararaman, Srinivas K. Reddy
Real-Time Inbound Marketing: A Use Case For Digital Banking, Alan Megargel, Venky Shankararaman, Srinivas K. Reddy
Research Collection School Of Computing and Information Systems
Over the years banks have been strategically using digital technologies to help transform various aspects of their business. In recent times, this strategy has evolved into one of digital augmentation of the bank’s processes, products and channels. This allows for reaching out to customers and partners through digital platforms, for example; the addition of mobile apps for customers to access and perform service transactions. Marketing continues to play a major role in supporting the expansion of business and increasing revenue for the bank. Marketing has evolved from mass direct targeting to more personalised, face-to-face and real-time targeting. In the digital …
Service Flow Networks For Functional Design Of Distribution Centers, Michael Schmidt, Detlef Spee, Michael Ten Hompel
Service Flow Networks For Functional Design Of Distribution Centers, Michael Schmidt, Detlef Spee, Michael Ten Hompel
15th IMHRC Proceedings (Savannah, Georgia. USA – 2018)
This work deals with the determination of an approach for concept planning of distribution centers. For this purpose, the "Distribution Center Design Process" is defined. Solution concepts for logistics centers are developed and evaluated in an eight-step process. In particular, it will be focused on formalization of the functional area, which has not been considered scientifically, yet. This results, among other things, in the definition of services and basic transformation properties of handling units. These can be used to create and semantically test service flow networks, which describe the functional sequence and transformations of service objects in distribution centers.
A Performance Calculator For Shuttle-Based Storage And Retrieval System Design, Banu Yetkin Ekren, Anil Akpunar, Tone Lerher
A Performance Calculator For Shuttle-Based Storage And Retrieval System Design, Banu Yetkin Ekren, Anil Akpunar, Tone Lerher
15th IMHRC Proceedings (Savannah, Georgia. USA – 2018)
In this study, we present an analytical model based tool that can estimate critical performance measures from a pre-defined shuttle-based storage and retrieval system (SBS/RS) design. SBS/RS is relatively a new automated storage and retrieval technology and mostly used for mini-load material handling. In this study, we develop an open queuing network model based tool estimating critical performance measures: the mean travel time of lifts/shuttles, utilization of lifts/shuttles, amount of energy consumption and energy regeneration per transaction, waiting times and number of jobs waiting in queues, etc., from a pre-defined SBS/RS design. By the developed tool, one can evaluate an …
A Motion Capture System Framework For The Study Of Human Manufacturing Repetitive Motions, Francis Mendez, David Wierschem, Jesus Jimenez
A Motion Capture System Framework For The Study Of Human Manufacturing Repetitive Motions, Francis Mendez, David Wierschem, Jesus Jimenez
15th IMHRC Proceedings (Savannah, Georgia. USA – 2018)
Our research proposes a framework to obtain and analyze real time data concerning the dynamic and natural motion of individuals in manufacturing-like processes that involve human labor. The framework that we propose consists of five main components: a tracking system, a system of sensors, a processor that collects time series data, data processing and discovery module, and an alert or reporting component. Using motion capture cameras, data is collected on a variety of human subjects performing simulated labor-intensive manufacturing operations. This data is analyzed for identification of actual and optimal activity motions. This project has significant potential impact for contribution …
One Root, Many Trees: Reviving Collections Practices, Patricia D. Sobczak, Kevin D. Farley, Ibironke Lawal, Emily Davis Winthrop
One Root, Many Trees: Reviving Collections Practices, Patricia D. Sobczak, Kevin D. Farley, Ibironke Lawal, Emily Davis Winthrop
VCU Libraries Faculty and Staff Publications
Collections are undergoing intense change and pressure from technology, budgetary uncertainties, and emerging perspectives on future approaches. Our case study -- drawn from our experiences as collections librarians -- examines these complex issues facing academic collections, large or small, across the profession. Through the development of “collections of distinction” within the local collection, collaborations and scholarly partnerships with colleagues and faculty, and advocacy for the importance of dedicated oversight to ensure that collections investments fulfill the academic mission, we explore possible solutions to the complicated issues defining contemporary collections practices.
Regulating Robo Advice Across The Financial Services Industry, Tom Baker, Benedict G. C. Dellaert
Regulating Robo Advice Across The Financial Services Industry, Tom Baker, Benedict G. C. Dellaert
All Faculty Scholarship
Automated financial product advisors – “robo advisors” – are emerging across the financial services industry, helping consumers choose investments, banking products, and insurance policies. Robo advisors have the potential to lower the cost and increase the quality and transparency of financial advice for consumers. But they also pose significant new challenges for regulators who are accustomed to assessing human intermediaries. A well-designed robo advisor will be honest and competent, and it will recommend only suitable products. Because humans design and implement robo advisors, however, honesty, competence, and suitability cannot simply be assumed. Moreover, robo advisors pose new scale risks that …
Scalable Heuristic For Locating Distribution Centers On Real Road Networks, Saeed Ghanbartehrani, Jose David Porter
Scalable Heuristic For Locating Distribution Centers On Real Road Networks, Saeed Ghanbartehrani, Jose David Porter
15th IMHRC Proceedings (Savannah, Georgia. USA – 2018)
The median problem is a type of network location problem that aims at finding a node with the total minimum demand weighted distance to a set of demand points in a weighted graph. In this research, an algorithm for solving the median problem on real road networks is proposed. The proposed algorithm, referred to as the Multi-Threaded Dijkstra’s (MTD) algorithm, is used to locate Walmart distribution centers on the 28-million node road network of the United States with the objective of minimizing the total demand weighted transportation cost. The resulting optimal location configuration of Walmart distribution centers improves the total …
Differences In The Throughput Performance Of The Warehouse Depending On The Quality Of The Calculation Parameters, David Sourek
Differences In The Throughput Performance Of The Warehouse Depending On The Quality Of The Calculation Parameters, David Sourek
15th IMHRC Proceedings (Savannah, Georgia. USA – 2018)
This article explores the quality level of the parameters that are used to determine the throughput performance of the warehouse. In our model case, this is a rack warehouse where the storage and picking of goods is ensured by forklifts. All kind of goods are stored on pallets. The aim of our research is to assess to what extent the quality level (accuracy) of the description of warehouse processes influences the accuracy of the determination of the throughput performance of the warehouse. In the first part of the article, we defined the parameters and the ways in which different levels …
Progress In Autonomous Picking As Demonstrated By The Amazon Robotic Challenge, Dominik Colling, Jonathan Dziedzitz, Kai Furmans, Patric Hopfgarten, Kai Markert
Progress In Autonomous Picking As Demonstrated By The Amazon Robotic Challenge, Dominik Colling, Jonathan Dziedzitz, Kai Furmans, Patric Hopfgarten, Kai Markert
15th IMHRC Proceedings (Savannah, Georgia. USA – 2018)
The automation of the picking process is a longheld dream in intra-logistics. while the expert judgment in recent years was, that there is no immediate applicability to be expected for applications in areas, where the variety of products is high. However, the recent advances in computer science, mechanical engineering and material handling systems design have moved the field substantially forward. In this article we want to show, how the Amazon Robotic Challenge has driven this development process and how capable the technology is. The Amazon robotic Challenge (ARC) and its increasingly difficult challenges are described first. Then the applied technology …
The Small World Of Material Handling Research, Parag J. Siddique, Kevin Gue, Md Salahuddin Ayuby
The Small World Of Material Handling Research, Parag J. Siddique, Kevin Gue, Md Salahuddin Ayuby
15th IMHRC Proceedings (Savannah, Georgia. USA – 2018)
Using data from 88 journals over an 8 year period, we investigate the relationships among researchers in material handling. We apply social network analysis to measure many attributes of the network, including papers published each year, papers published per author, number of collaborators per author, strength of collaboration between authors, and how influential an author is in the network. We observe that collaboration patterns in material handling follow a scale-free structure in the presence of some hub-like researchers. According to social network theory, these hub researchers facilitate rapid dissemination of knowledge in the network. We conclude that the scientific community …
Contribution Of Physical Internet Containers To Mitigate The Risk Of Cargo Theft, Yanyan Yang, Eric Ballot, Miguel Gaston Cedillo-Campos
Contribution Of Physical Internet Containers To Mitigate The Risk Of Cargo Theft, Yanyan Yang, Eric Ballot, Miguel Gaston Cedillo-Campos
15th IMHRC Proceedings (Savannah, Georgia. USA – 2018)
Different from current dedicated goods distribution solutions, the goods in the Physical Internet are encapsulated in modular dimensioned standard easy-to-interlock smart containers in an open interconnected logistic system. This paper aims to study the performance of the application of this cross-chain innovative packaging solution, especially its potential against cargo theft risks. To attain this, both qualitative and quantitative studies are carried out. With a scenario-based cost-justification model, different case studies are examined. Results suggest that through the modularity and standardization, the application of Physical Internet Containers will significantly improve the logistics performance and reduce cargo theft risks.
Batching In Bucket Brigade Order Picking, Yossi Bukchin, Eran Hanany, Eugene Khmelnitsky
Batching In Bucket Brigade Order Picking, Yossi Bukchin, Eran Hanany, Eugene Khmelnitsky
15th IMHRC Proceedings (Savannah, Georgia. USA – 2018)
Order picking is the most labor cost consuming element in warehouse operations. In this paper, we consider an order picking process in a single picking aisle in the forward pick area, consisting of multiple locations (pick faces). The picking is performed by a group of pickers, each characterized by stochastic (forward and backward) walking process and picking times. We assume that the bucket brigade (BB) approach is applied, in a static environment, in which a given set of orders has to be picked. In order to improve the picking process, we suggest a batching procedure, where the objective is to …
A Measurement Tool For Circular Economy Practices: A Case Study In Pallet Supply Chains, Maria Grazia Gnoni, Fabiana Tornese, Brian K. Thorn, Andres L. Carrano, Jennifer A. Pazour
A Measurement Tool For Circular Economy Practices: A Case Study In Pallet Supply Chains, Maria Grazia Gnoni, Fabiana Tornese, Brian K. Thorn, Andres L. Carrano, Jennifer A. Pazour
15th IMHRC Proceedings (Savannah, Georgia. USA – 2018)
A circular economy (CE) is an economic system where products and services are traded in closed loops or ‘cycles’. This work develops a framework for assessing the extent to which product supply chains incorporate circular economy principles, and applies this framework to a specific material handling application, the wooden pallet supply chain. The main decisions affecting circularity and the most common decision alternatives for the wooden pallet supply chain are identified for the Pre-manufacturing, manufacturing, product delivery, customer use, and end-of-life phases. A streamlined life cycle assessment tool is developed for supporting a quick analysis about how the level of …
Unmasking Cost Growth Behavior: A Longitudinal Study, Cory N. D'Amico, Edward D. White, Jonathan D. Ritschel, Scott R. Kozlak
Unmasking Cost Growth Behavior: A Longitudinal Study, Cory N. D'Amico, Edward D. White, Jonathan D. Ritschel, Scott R. Kozlak
Faculty Publications
This article examines how cost growth factors (CGF) change over a program’s acquisition life cycle for 36 Department of Defense aircraft programs. Starting from Milestone B, the authors examine CGFs at five gateways: Critical Design Review, First Flight (FF), the end of Developmental Test and Evaluation (DT&E), Initial Operational Capability, and Full Operational Capability. Each CGF is assigned a color rating based upon the program’s cost growth: Green (low), Amber (moderate), or Red (high). Significant findings include dependencies among similar CGF color ratings and cost growth occurring primarily between FF and the end of DT&E during a program’s life cycle.
Virginia Technology And Engineering Education Association 1978-2018: Celebrating Six Decades Of Progress, Ron Vickers, Philip A. Reed, George R. Willcox
Virginia Technology And Engineering Education Association 1978-2018: Celebrating Six Decades Of Progress, Ron Vickers, Philip A. Reed, George R. Willcox
STEMPS Faculty Publications
(First Paragraph) Technology and engineering education in Virginia and the nation is coming to a crossroads. Recent growth in state directives, new courses, and ever-changing funding for science, technology, engineering, and mathematics (STEM) education influences the supply of Technology Education teachers, leading to what some say is a dire future for our profession and association. This history is gathered to emphasize the importance and value of what we teach in Virginia public schools. It also captures who was involved with the association leadership over the years.
Evaluation Of Procurement Scenarios In One-Dimensional Cutting Stock Problem With A Random Demand Mix, Hüseyin Sarper, Nebojsa I. Jaksic
Evaluation Of Procurement Scenarios In One-Dimensional Cutting Stock Problem With A Random Demand Mix, Hüseyin Sarper, Nebojsa I. Jaksic
Electrical & Computer Engineering Faculty Publications
The one-dimensional cutting stock problem describes the problem of cutting standard length stock material into various specified sizes while minimizing the material wasted (the remnant or drop as manufacturing terms). This computationally complex optimization problem has many manufacturing applications. One-dimensional cutting stock problems arise in many domains such as metal, paper, textile, and wood. To solve it, the problem is formulated as an integer linear model first, and then solved using a common optimizer software. This paper revisits the stochastic version of the problem and proposes a priority-based goal programming approach. Monte Carlo simulation is used to simulate several likely …