• Title/Summary/Keyword: Business Analytic

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The Evaluation of the Validity of Equipment-replacing Alternatives in Consideration of the Differences of Cost Flow (비용 흐름의 차이를 고려한 교체 설비 대안에 대한 타당성 평가)

  • 김성집;박흥석
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.17 no.31
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    • pp.99-114
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    • 1994
  • The introduction of new equipments to strengthen the competitiveness of enterprises is one of pretty important factors. Enterprises introducing new equipments strengthen competitiveness through productivity increasing, high quality maintenance, inventory reduction, improved design and production interface, simple scheduling process, low scrap rate, rework reduction, etc. Managers will work out the best equipment-replacing strategy through the appropriate combination of potential cost attributes and qualitative attributes difficult to quantify in accordance with the business purpose. This study is to present a method to select an equipment-replacing alternative through the decision-making model of Analytic Hierarchy Process in consideration of the differences of cost flow of the alternatives, taking into consideration tangible attributes and strategic intangible attributes.

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Using the MCDM of the Innovative Product Value Chain to Promote New Product Design

  • Liao, Shih-Chung
    • Asian Journal of Business Environment
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    • v.4 no.3
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    • pp.27-37
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    • 2014
  • Purpose - In the past, designs for traditional products have usually focused on historic techniques. However, this tradition of using historic techniques has now been replaced by the trend of using the innovative design concept. Research design, data, and methodology - To measure future market trends and quality requirements, we apply the results of the questionnaires and analyze them with various experimental processes and a design methodology. In this way, we gauge the impact of the innovative product value chain on the promotion of new products. Results - Accompanied with an innovative product value chain, the product can stimulate the development of enterprise management, which has become the main issue in social and economic development in every developed country, and can facilitate the progress of enterprise management throughout the enterprise. Conclusions - Customer demand should be emphasized as the primary means to solve design problems, to design optimal solutions, to create differentiation with competitors, and to pursue optimal marketing strategies.

How the New York Times Portrayed the 2010 Brazil-Turkey-Iran Nuclear Deal: A Critical Discourse Analysis

  • Esfandiary, Esmaeil
    • Journal of Contemporary Eastern Asia
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    • v.14 no.2
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    • pp.57-68
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    • 2015
  • This paper examines the New York Times' reaction to the 2010 Brazil-Turkey-Iran (BTI) nuclear deal, the very last diplomatic effort before the imposition of international sanctions track over the following years. The New York Times' (NYT) coverage of the deal is examined using the Critical Discourse Analytic (CDA) approach formulated by Teun van Dijk. The results show a strong bias against the BTI deal throughout the NYT's news coverage. The overarching theme in cover-age of the deal is the imputation of malignant intentions on the part of both Iran ("to kill time to further its nuclear weapons program") and Brazil and Turkey ("to advance their own business dealings with Iran and gaining international recognition"). Also, non-relevant information is used to imply a threat of Iranian development of nuclear weapons. Moreover, the NYT leaves almost totally "unsaid" that president Obama had asked Brazilian and Turkish leaders to go to Tehran and get this deal. Therefore, the NYT basically echoed, and legitimized, discursive practices of the U.S. government on the deal.

Managerial Involvement in Investment Decision: A Study of Hydropower Enterprises

  • Gautam, Dhruba Kumar;Dahal, Rewan Kumar
    • Asia-Pacific Journal of Business
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    • v.4 no.2
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    • pp.11-20
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    • 2013
  • This study extends the extant scope of understanding investment decision, beyond the dominant 'technical' emphasis on the application of discounted cash flow techniques. The research methodology draws the positivist and interpretive research paradigms. It uses a deductive approach, survey strategy and principal component analysis for the analysis. Three key sets of factors emerged as important in the investment decision process in the hydropower sector. They are: group consensus (framing), influences on own judgment (heuristics), and application of knowledge & experience (intuition). The use of purposive and convenient sampling might have some unintended impact on the findings. Consequently, any generalizations of the findings to a wider population of organizations and managers need to be made with care. It is hoped that this paper will encourage other researchers to go beyond the analytic techniques of investment appraisal that have dominated investment decision research and seek to balance the emphasis by focusing on human involvement and behavioral aspects of investment decision.

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A comparison of the traditional scoring system with the efficiency measuring system for evaluating the TQM activities

  • Yoo, Han-Joo;Lee, Jeong-Dong
    • Journal of Korean Society for Quality Management
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    • v.27 no.2
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    • pp.47-56
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    • 1999
  • In this paper, we analyzed two methodologies to evaluate the total quality management activities comparatively. One of them is the traditional scoring system (TSS) by analytic hierarchy process (AHP) and the other is the efficiency measuring system (EMS) by data envelop analysis (DEA). It is demonstrated that the index by TSS and the efficiency index by EMS are not correlated. Also, the efficiency index by EMS in terms of company characteristics such as the size of company and ISO certifications is different from the index by TSS. The result implies that to evaluate the quality activities by EMS is needed as a supplementary methodology.

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A Study on the Priorities of Quality Dimensions for the Quality Competitive Advantage (품질경쟁력 향상을 위한 품질요소의 상대적 중요도 연구)

  • Kim, Sung-Hong
    • Journal of Korean Society for Quality Management
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    • v.40 no.2
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    • pp.156-165
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    • 2012
  • The objective of this study is to identify the critical dimensions of comprehensive quality and to prioritize them for improvement of the quality competitive advantage. The critical dimensions, sub-dimensions and measurement items of comprehensive quality were abstracted from literature of quality, and constructed a model of hierarchical structure. 115 experts in four groups(supplier, buyer, consultant, and professor) were participated in pair-wise comparison of quality dimensions, but some of these responses were removed because the overall consistency of evaluator judgements exceed the acceptable ratio of 0.10. The priorities of quality dimensions for industrial and consumption goods were calculated respectively using the analytic hierarchy process(AHP) approach. As a result, product quality had the highest weight of 0.65, followed by support quality(0.18) and service quality(0.17) for industrial goods while product quality also had the highest weight of 0.62, but service quality(0.22) was preferred over support quality(0.16) for consumption goods.

A Fuzzy AHP based Decision-making Model for SCM System Selection (SCM 시스템 선정을 위한 Fuzzy AHP 기반의 의사결정 모델)

  • Seo, Kwang-Kyu
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.30 no.3
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    • pp.158-164
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    • 2007
  • Supply Chain Management (SCM) system is a critical investment that can affect the competitiveness and performance of a company. Selection of a right SCM system is one of the critical issues. This paper presents the characteristic factors of SCM system and a Fuzzy AHP (Analytic Hierarchy Process) based decision-making model for SCM system evaluation and selection. This study focuses on quantitative factors, applying the fuzzy concept to various evaluative factors. The proposed model can systematically construct the objectives of SCM system selection to achieve the business goals. A empirical example demonstrates the feasibility of the proposed model and the model can help a company to make better decision-making in the SCM system selection problem.

Analyses on Factors of Job Satisfaction of Long-Term Employed using Analytic Hierarchy Process Technique - Based on the case of Work Innovation Officials in P company and Work Production in S company - (AHP를 이용한 장기 근속자들의 직무만족요소 비교 분석 - P사 혁신업무 담당자와 S사 생산업무 담당자 비교 사례연구 -)

  • Kim, Chan Eun;Kim, Kwang Chul;Jeon, Myeong Jin;Yun, Jun Hyeon
    • Journal of the Korea Safety Management & Science
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    • v.16 no.4
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    • pp.405-416
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    • 2014
  • The importance of Human Resource Management is big issue in business management recently. However, employ's job satisfaction is appeared as low. In this study, surveys were conducted among those long-term employs. The importance of job satisfaction is prioritized by AHP analysis based on results of survey to compare to the results of previously studied research. And this study will contribute to improvement of job satisfaction by comparing the facts in two different groups of occupation.

Location Selection of Distribution Centers by Using Grey Relational Analysis (GRA를 이용한 물류센터 입지선정문제)

  • Woo, Taehee;Bach, Seung
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.38 no.2
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    • pp.82-90
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    • 2015
  • Location selection of distribution centers is a crucial task for logistics operators and key decision makers of an organization. This is a multi-criteria decision making (MCDM) process which includes both quantitative and qualitative criteria. In order to propose an optimized location selection model, this research suggests a hierarchical group of evaluation criteria : 5 major criteria with 15 sub-criteria. The MCDM approach presented in this research, by integrating Grey Relational Analysis (GRA) with Analytic Hierarchy Process (AHP), tends to rectify the overall quality and uncertainty of the values of evaluation criteria. An example of a location selection case in Korea is illustrated in this study to show the effectiveness of this method.

Development of an e-Catalog Evaluation Model Using Analytic Hierarchical Process (AHP를 이용한 전자카타로그 평가 모형 개발에 관한 연구)

  • Gyeung Sook Lee;Gyeung Min Kim
    • Journal of Information Technology Applications and Management
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    • v.9 no.4
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    • pp.1-12
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    • 2002
  • 고객이 요구하는 정보를 효율적으로 제공하기 위한 전자 카탈로그를 구축하는 것은 e-business의 성공의 핵심적 요소이다. 우수한 상품 판매 기술을 이용하여 고객의 판매 결정을 촉진하는 전자 카탈로그가 있는 반면, 그렇지 않은 경우는 사업적 손실과 법적인 분쟁까지 초래하기도 한다. 전자 카탈로그가 전자 상거래 사이트의 중심 요소임에도 불구하고 이제까지 학문적, 실용적 분야에서 전자 카탈로그의 평가 방법에 관한 연구는 찾아보기 힘든 상황이다. 따라서 이 연구에서는 우선 효과적인 전자 카탈로그 구축을 위한 요구사항을 도출해 내고 그것을 전자 카탈로그 평가 기준으로 적용하여, AHP(계층적 분석 방법)를 사용해서 평가 기준간의 상대적 중요도를 개발해 내는데 목적이 있다. 그 평가 기준의 상대적 중요도는 기업이 전자 카탈로그를 구축할 때 중점을 두어야 할 사항을 결정하는데 기준을 제시해 줄 것이다. 이 연구의 결과는 평가는 물론 효율적인 전자 카탈로그의 개발을 위한 지침을 마련해 줄 것이다.

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