• Title/Summary/Keyword: Business Case

Search Result 5,086, Processing Time 0.03 seconds

A Hybrid Approach Using Case-based Reasoning and Fuzzy Logic for Corporate Bond Rating

  • Kim, Hyun-jung;Shin, Kyung-shik
    • Proceedings of the Korea Inteligent Information System Society Conference
    • /
    • 2003.05a
    • /
    • pp.474-483
    • /
    • 2003
  • A number of studies for corporate bond rating classification problems have demonstrated that artificial intelligence approaches such as Case-based reasoning (CBR) can be alternative methodologies to statistical techniques. CBR is a problem solving technique in that the case specific knowledge of past experience is utilized to find a most similar solution to the new problems. To build a successful CBR system to deal with human information processing, the representation of knowledge of each attribute is an important key factor We propose a hybrid approach of using fuzzy sets that describe the approximate phenomena of the real world because it handles inexact knowledge represented by common linguistic terms in a similar way as human reasoning compared to the other existing techniques. Integration of fuzzy sets with CBR is important to develop effective methods for dealing with vague and incomplete knowledge to statistical represent using membership value of fuzzy sets in CBR.

  • PDF

Research on the transformation of smart museums under the Internet thinking: A case study on the palace museum

  • Peng, JingYi;Jin, XueHua
    • International Journal of Advanced Culture Technology
    • /
    • v.10 no.3
    • /
    • pp.377-392
    • /
    • 2022
  • With the development of information and Internet technology, traditional museums have been long followed the trend of integrating innovative technological elements into the changed museums. It is necessary that the museums seize the opportunity of the trend transforming into smart museums, the key is to grasp the characteristics and laws of the Internet era, and use Internet thinking to explore the future development path. However, there are few studies on Internet thinking among the existing results. On the other hand, most of the relevant actual case studies still focus on the micro-level, which has obvious limitations. This paper will start from the current situation and trend, focus on the Palace Museum as a case study object, and discuss the problems and characteristics, so as to put forward the thinking about the development of smart museums in four aspects to explore the optimal path of transformation for smart museums.

Business Model Mining: Analyzing a Firm's Business Model with Text Mining of Annual Report

  • Lee, Jihwan;Hong, Yoo S.
    • Industrial Engineering and Management Systems
    • /
    • v.13 no.4
    • /
    • pp.432-441
    • /
    • 2014
  • As the business model is receiving considerable attention these days, the ability to collect business model related information has become essential requirement for a company. The annual report is one of the most important external documents which contain crucial information about the company's business model. By investigating business descriptions and their future strategies within the annual report, we can easily analyze a company's business model. However, given the sheer volume of the data, which is usually over a hundred pages, it is not practical to depend only on manual extraction. The purpose of this study is to complement the manual extraction process by using text mining techniques. In this study, the text mining technique is applied in business model concept extraction and business model evolution analysis. By concept, we mean the overview of a company's business model within a specific year, and, by evolution, we mean temporal changes in the business model concept over time. The efficiency and effectiveness of our methodology is illustrated by a case example of three companies in the US video rental industry.

Revitalization Case Study Of Bamboo Industry of Damyang Province through Design Business Approach (디자인비즈니스개념적 접근을 통한 담양군 죽세산업의 재활성화방안 사례연구)

  • Kim, Myoung-Joo;Kim, Jung-Pil;Lee, Jin-Ryeol
    • Archives of design research
    • /
    • v.18 no.3 s.61
    • /
    • pp.75-84
    • /
    • 2005
  • This study suggests the way of revitalization of strategic specialized industry from the perspective of design business model. In order to revitalize the regional strategic specialized industry, it is necessary to overcome traditional production-based industry structure. For the industry's side, companies should convert their traditional production-based business perspective into market-oriented or design-oriented one. For the designer's side, they need to lead the design-centered industry structure by suggesting active design sources to industries escaping from passive design development perspective. Namely, the revitalization of strategic specialized industry can be peformed by design-based and market-oriented business execution. The formation of market-oriented industry can be accomplished by designers who do their design development works with design-business perspective and play an active role in the industry system. For the suggestion of concept mentioned above, this study conceptualized the meaning of design business, and applied the concept of it to the case study for bamboo industry of Damyang province. The case study suggests the possibility that designers are able to create higher profit through various sources such as sales royalty, production royalty etc by playing an active role for design development, industry selection, business system establishment and so on. In addition, the study implies that industries can increase the possibility of business success through design-based business execution mentioned above.

  • PDF

A Study on the Design and Measurement of a Balancing Device for Unbalance Correction of Differential Gear Case in Automobile (자동차 Differential gear case 불평형 교정을 위한 balancing 장치설계 및 측정에 관한 연구)

  • Jang, T.H.;Gwon, J.U.;Eum, J.H.;Kim, J.A.;Kim, T.G.
    • Journal of the Korean Society for Heat Treatment
    • /
    • v.33 no.6
    • /
    • pp.303-309
    • /
    • 2020
  • A vehicle's differential gear is a device designed to allow the vehicle's outer wheels to turn faster than the inner wheels when turning on a curve. The differential gear case is the main component of the differential gear system, which is composed of ring gear, pinion gear and side gear, and is fastened by pinion shaft pins. The differential gear case rotates when the vehicle is running, so balancing calibration is very important. In this study, a balancing machine that can diagnose and correct the differential gear case and mass imbalance of various rotating bodies was designed. The differential gear case was rotated at high speed to accurately diagnose the location and value of the unbalanced mass, and it was designed to be balanced and corrected by removing the unbalanced mass by drilling. After calibration, it was confirmed that the unbalanced value of all the measured samples was reduced to less than 180g.mm, and the unbalance reduction ratio was improved to 60~70%.

A Case Study of e-Business Implementation in Part Manufacturing Industry(B2B in PCB Industry) (부품 제조 산업에서의 e-Business 구축 사례(PCB 산업의 B2B))

  • Bae, Joon-Soo;Bae, Eun-Hae;Cheong, Min-Chang;Shin, In-Ki;Park, Young-Chul
    • IE interfaces
    • /
    • v.13 no.3
    • /
    • pp.503-511
    • /
    • 2000
  • The main theme of this research is a case of e-Business implementation in part manufacturing industry, especially in a PCB manufacturing company. The characteristics of part manufacturing industry are as follows. First, an ERP system runs as a legacy system that is ready to be combined with e-Business system. Secondly, the number of customers is very small. The customers are not many individuals but only a few big electronic enterprises that are strategically affiliated with the part manufacturing company. This means that the e-Business of the part manufacturing industry needs to focus on sharing pertinent information throughout the transactions with the customers, not on data-warehousing or data-mining customers' potential needs or requests. In this paper, we extracted e-Business opportunity domains from a PCB manufacturing company, a typical part manufacturing industry. We are intended to enhance information sharing between customers and the company, and provide functions of transactions necessary in the whole value chain from order to shipment. Implementing the e-Business system on the Web can increase the visibility of customers, and further, the company can be transformed into an extended enterprise where the relationship with the customers becomes very close and interleaved. Also, the Cyber Office functionality of the e-Business system can support the salespersons effectively, so that they can spend more time on customer satisfaction. Such efforts, in the future, can be a basis for active adaptation to the industry transformations such as forming e-community and participating in the marketplace.

  • PDF

A Study on the Conflict Resolution for the efficient promotion of Urban Rehabilitation Project (도시정비사업의 효율적 추진을 위한 갈등조정 방안 연구)

  • Kim, Gu-Hoi;Kim, Hyung-Jin;Lee, Joo-Hyung
    • Journal of the Korea Academia-Industrial cooperation Society
    • /
    • v.16 no.4
    • /
    • pp.2495-2504
    • /
    • 2015
  • This study was performed in order to contributing the conflict factors which largely affects the efficient promotion of Urban Rehabilitation Project. then, it aims to induce conflict factors which affect the business period and business expense through PLS Regression Analysis. The data was build up from union members, tenants and merchants who are living in the completed urban rehabilitation area. In the case of 'Business period', it shows the priority on conflict factors in this order such as the 'Approval and Authorization for union establishment', 'Approval and Plan for business enforcement' and 'Interruption of interest group related to service business such as business delay'. In addition, In the case of 'Business expenses', it shows the priority on conflict factors in this order such as the 'Approval and Authorization for union establishment', 'Selling contract', 'Report of Demolition and Loss' and 'Plan and Authorization of Management disposition'.

A Case Study on R&D Process Innovation Using PI6sigma Methodology (PI6sigma를 이용한 R&D 프로세스 혁신 사례 연구)

  • Kim, Young-Jin;Jeong, Woo-Cheol;Choi, Young-Keun
    • Journal of Korean Society of Industrial and Systems Engineering
    • /
    • v.33 no.1
    • /
    • pp.17-23
    • /
    • 2010
  • The corporate R&D(Research and Development) has a primary role of new product development and its potential is the most crucial factor to estimate corporate future value. However, its systemic inadequacies and inefficiencies, the shorten product life-cycle to satisfy customer needs, the global operations by outsourcing strategy, and the reduction of product cost, are starting to expose to R&D business processes. The three-phased execution strategy for R&D innovation is introduced to establish master plan for new R&D model. From information technology point of view, PLM(Product Life-cycle Management) is one of the business total solutions in product development area. It is not a system, but the strategic business approach that collaboratively manage the product from beginning stage to end of life in all business areas PLM functions and capabilities are usually used as references to re-design new R&D process. BPA(Business Process Assessment) and 5DP(Design Parameters) in PI6sigma developed by Samsung SDS Consulting division are introduced to establish R&D master plan and re-design process respectively. This research provides a case study for R&D process innovation. How process assessment and PMM(Process Maturity Model) can be applied in business processes, and also it explains process re-design by 5DP method.

Digital Transformation, Business Model and Metaverse (디지털 전환, 비즈니스 모형 관점에서 본 메타버스)

  • Kim, Taekyung;Kim, Shinkon
    • Journal of Digital Convergence
    • /
    • v.19 no.11
    • /
    • pp.215-224
    • /
    • 2021
  • Business stakeholders have shown huge interests on the way how to increase business value by integrating real world businesses with a rising metaverse concept. To understanding the utility of metaverse regarding digital transformation, this study conducted a qualitative study based on a metaverse framework from 2006 Metaverse Roadmap and reference theories on business models. Specifically, a multiple comparative case approach was adopted to investigate three metaverse application cases from 2000 to 2020. From findings, it was revealed that different metaverse features were tried to leverage traditional simulation games, social communities, and virtual communication activities to build business models. Secondly, the use of metaverse features were likely to be helpful in getting competitive advantages. However, we are also aware that stakeholder credibility should be carefully managed to sustain businesses.

A Study on the Problems and Improvement Measures of Licenses for Limited Fishery Business Related to Fisheries Damage due to Public Works Projects (공익사업에 따른 어업피해 관련 한정어업면허에 대한 문제점 및 개선방안에 관한 연구)

  • Seung-Woo Ryu;Eun-Chan Yoon;Kyoung-A Kang
    • The Journal of Fisheries Business Administration
    • /
    • v.55 no.1
    • /
    • pp.21-35
    • /
    • 2024
  • In this study, we collected and analyzed the current status of licenses for the limited fishery business and divided the problems related to licenses for the limited fishery business into partial damage compensation and cancellation compensation areas. In the case of partial damage compensation areas due to existing public water use projects, it is suggested that the issuance of licenses for limited fishery businesses should be reconsidered. In the case of cancellation compensation areas, it is recommended that the disposition of communal fishery businesses that do not require capital investment should be the principle. If capital such as facilities are invested, compensation should be made by Article 52 of the Enforcement Decree of the Land Compensation Act if the licenses for limited fishery business are closed due to other development projects. In addition, we proposed an improvement plan to establish a rational management system for licenses for limited fishery businesses. In addition to these improvement measures, we hope that further investigation and research on licenses for limited fishery business, which have been insufficient so far, will be conducted to promote the comprehensive use of fisheries resources and waters and the sustainable development of fisheries that are the objectives of the Fisheries Act, and contribute to the improvement of the quality of life of the people and the balanced development of the national economy.