• Title/Summary/Keyword: Business Rule

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Extended KNN Imputation Based LOF Prediction Algorithm for Real-time Business Process Monitoring Method (실시간 비즈니스 프로세스 모니터링 방법론을 위한 확장 KNN 대체 기반 LOF 예측 알고리즘)

  • Kang, Bok-Young;Kim, Dong-Soo;Kang, Suk-Ho
    • The Journal of Society for e-Business Studies
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    • v.15 no.4
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    • pp.303-317
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    • 2010
  • In this paper, we propose a novel approach to fault prediction for real-time business process monitoring method using extended KNN imputation based LOF prediction. Existing rule-based approaches to process monitoring has some limitations like late alarm for fault occurrence or no indicators about real-time progress, since there exist unobserved attributes according to the monitoring phase during process executions. To improve these limitations, we propose an algorithm for LOF prediction by adopting the imputation method to assume unobserved attributes. LOF of ongoing instance is calculated by assuming next probable progresses after the monitoring phase, which is conducted during entire monitoring phases so that we can predict the abnormal termination of the ongoing instance. By visualizing the real-time progress in terms of the probability on abnormal termination, we can provide more proactive operations to opportunities or risks during the real-time monitoring.

A Study on the revised preliminary draft convention on[Int'l] contracts concluded or evidenced by data message (2차 전자계약예비협약초안에 관한 연구)

  • Oh, Se-Chang
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.20
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    • pp.387-421
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    • 2003
  • On the above, a comparison between preliminary draft conventions and comments by the Int'l Chamber of Commerce, contents of preliminary draft convention, problems and alternative are discussed. The conclusions are as follows thereof : The laws of MLEC and MLES made preparation for electronic era of CISG. But electronic circumstances are more changed than the time of regulation of them. Therefore the business world needs a stand-alone convention dealing broadly with the issues of contract formation in electronic commerce. At last, preliminary draft convention delivered a second round. But the base of the instrument was also MLEC and MLES. The revised preliminary draft convention is much amended beyond preliminary draft convention. At its forty-one sessions, the working group reviewed articles 1-11 of the revised preliminary draft convention presented by the secretariat. The remainder was pending until the time of its forty-two sessions. Therefore, on the base of deliberations and decisions of that sessions and them of thirty-six sessions of UNCITRAL, which will be held on comming november, the draft convention which will be prepared by the secretariate, be re-revised preliminary draft convention. According to review of working group on them, preliminary draft convention will officially be draft convention or revise by secretariate. Under these situations, my points of view on draft convention are as follows : As though e-UCP is used carring out side by side with UCP, after e-CISG making in order to adjust CISG to "on" transaction, it is very easy and prompt for business worked to use CISG with e-CISG. This will facilitate ratification of the CISG. For this case, I already presented contents of e-CISG. It is very important for the preliminary draft convention to deal specially with issues related to electronic contracting or to electronic transaction, because according to which way, its contents and scope of application will be different. But the revised draft convention is regretably compromising both them. Consequently, its contents are very confusing and we could not expect its success. If e-CISG will regulate, it is desirable that, if possible, working group has to make the general rule, and the making of useful, practical, affordable rule for electronic commerce, for example Uniform Customs and Practices for Electronic Commerce(e-UEC) in order to solve the specific practical problems, if any, which business currently faces regarding electronic contracting, has to entrust ICC. If working group want to make e-CISG, it is important not to hesitate and take a significant amount of time.

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Practices and Legal Issues of Online Arbitration in China - focused on Online Arbitration of CIETAC (중국의 온라인중재 운용과 법적문제에 관한 연구 - CIETAC의 온라인중재를 중심으로)

  • Cha, Kyung-Ja;Choi, Sung-Il
    • Journal of Arbitration Studies
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    • v.20 no.2
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    • pp.131-149
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    • 2010
  • Since the Arbitration Law of China took effect in 1995, arbitration has grown with the economy. At the end of 2009, there were 202 arbitration institutions in China. Among them, China International Economic and Trade Arbitration Commission(CIETAC) has adopted online arbitration and has settled internet domain name disputes since 2001. CIETAC Domain Name Dispute Resolution Center(DNDRC) has accumulated abundant experiences of online arbitration in the field of domain name disputes. Based on those experiences, on 1 May 2009, CIETAC implemented the CIETAC Online Arbitration Rules(Rules') to regulate the resolution of e-business disputes as well as other business disputes. With this background, this article aims to study the status quo, practices and issues of online arbitration conducted by CIETAC. For the purpose of the article, a general picture of online arbitration is outlined first, followed by introducing the steps of the online arbitration procedure. According to the 'Rules', the entire arbitration process is conducted using online communication methods which are cost-effective and efficient. To facilitate the development of online arbitration, legal barriers need to be removed. This article considers main legal issues of online arbitration in China and proposes amendment to Chinese Arbitration Law, in particular, the recognition of the validity of electronic arbitration agreements and awards.

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A Study on Requirement Management of Naval Surface Ships by Using QFD (QFD를 활용한 함정 요구조건 관리 방안 연구)

  • Jeong, Yeon Hwan
    • Journal of the Korean Society of Systems Engineering
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    • v.15 no.2
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    • pp.57-65
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    • 2019
  • The weapon system applies the rule that the system engineering procedure must be applied at the acquisition stage. Naval ships, which are one of the important naval weapon systems, take a long period of time to acquire, and the leadership must be commissioned. Therefore, in order to acquire a naval ship, high risk management is necessary, and it is necessary to promote business success through effective application of system engineering which is a scientific management method. However, in the case of naval ships, there are no specific procedures and methods for applying the system engineering. Therefore, research on application method of system engineering which can be easily used by person in charge is necessary. This should have a simple approach to ensure effective business performance by systematically refining and simplifying existing works. QFD (Quality Function Deployment) is a way to improve product satisfaction, impress customers, reduce defective products, reduce design errors, and reduce costs. This systematically develops these mutual relationships by converting the needs of customers into quality characteristics of products and defining them as the design quality of products considering the functions, quality, and process elements of parts. The purpose of this research is to present concrete methodology at the practical level using QFD in a way to ensure traceability of requirements which is an important element of system engineering.

A Unified Design Methodology Development For XML Application based on Relational Database using UML Class (UML 클래스를 이용한, 관계형 데이터베이스 기반의 XML 응용을 위한 통합 설계 방법론 개발)

  • 방승윤;주경수
    • The Journal of Society for e-Business Studies
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    • v.8 no.1
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    • pp.85-102
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    • 2003
  • Nowadays an information exchange on XML such as B2B electronic commerce is spreading. Therefore the systematic and stable management mechanism for storing the exchanged information is needed. For this goal there are many research activities for connection between XML application and relational database. But because XML data have hierarchical structures and relational database can store only flat-structured data, we need to make the conversion rule which changes the hierarchical architecture to 2-dimensional information. Accordingly the modeling methodology for storing each structured information in relational database is needed. In this paper, we introduce a XML modeling methodology to design W3C XML schema using UML and we propose a unified design methodology for relational database schema to store XML data efficiently in relational databases. In the second place, in order to verify objectivity of a unified design methodology. By the way of Ronald Bourret, First we introduce the method of the transformation from XML schema to object model and second we translate object model into relational database schema. Therefore we show the mutual consistency between those consequence, and so can verify a unified design methodology.

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Preventing Capital Flight to Reach Lucrative Investment In Indonesia

  • BASORUDIN, Muhammad;KUSMARYO, R. Dwi Harwin;RACHMAD, Sri Hartini
    • Asian Journal of Business Environment
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    • v.10 no.1
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    • pp.29-36
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    • 2020
  • Purpose: This study aims to analyze the effect of macroeconomic and non-macroeconomic determinants of capital flight. Research design, data and methodology: With five determinants, this survey was conducted by Eviews 10, and the ordinary least squares (OLS) as a statistical method was applied for examining the research hypothesis. The five determinants are a budget deficit, economic growth, inflation rate, the exchange rate, and sovereign rating. The capital flight measurement uses the World Bank residual approach. The data derive from the Central Bank of Indonesia, BPS-Statistics Indonesia, OECD, and Moody's Investor Service. Results: The result considers that economic growth, the exchange rate, and the sovereign rating will decrease capital flight. In addition, the budget deficit and the inflation rate will increase capital flight. The sovereign rating decreases capital flight bigger than the other determinants. In addition, the exchange rate is statistically significant. Conclusions: The most influential problem of capital flight in Indonesia is because of non-macroeconomics factor political issue, corruption, bad regulation, and others. That's why the investment climate in Indonesia is still not secure. We propose that the regime would have to amend the business rule for reducing capital, raising the investment climate, and demonstrating the creative industry.

A Case Study for Site Selection of the Waste Treatment Facilities (폐기물처리시설 입지선정에 따른 사례연구)

  • 이해승
    • Journal of environmental and Sanitary engineering
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    • v.19 no.1
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    • pp.24-36
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    • 2004
  • This study is to investigate the present condition of waste disposal establishment and to analysis problems which could be produced at location selection formalities of waste disposal establishment. It proposed building methods of waste disposal establishment to lead spontaneous participation of local resident according to case analysis of waste disposal establishment. There are research results; i) Opposition of inhabitants was the majority of reason at the business abandonment or delay of waste disposal establishment. Therefore agreement formation course with local inhabitants is most important position. ii) Many estimate have been needed for waste disposal establishment, but support estimate of government was 30-50% that is really low compare with other environmental establishment. So that it need to increase of government estimate. iii) Location collection is carried out based on law and final collected location must be executed without delay of relation business as soon as possible. iv) Standard of location collection has to divide into small, middle and large size and to apply with same rule according to divided location. v) It must be change public subscription before and location selection after and maintain continuance of information offer to local inhabitants and offered information. vi) after building of waste disposal establishment for solving distrust of waste disposal establishment. It must be planed and carried on useful support countermeasure to local inhabitants in actuality.

A Study on the Management of Fisheries Cooperative in Korea (한국수협운영의 문제점과 대책방향)

  • 김경호
    • The Journal of Fisheries Business Administration
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    • v.26 no.2
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    • pp.27-52
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    • 1995
  • I have outlined the history of Korean Fisheries Co - coperatives and its economic and noneconomic contribution to Korean Fisheries. But in order to overcome new economic world trend that is emerging now with the beginning of the WTO Korean Fisheries Co - operatives should change itself. It can be summarlized as follows. (1) The early Korean Fisheries Co - operatives was monopolized by Japanese under the Japanese colonial rule. (2) The modern Korean Fisheries Co - operatives was organized in 1962. 4. 1 by Korean government. (3) Korean Fisheries Co - operatives was weak in democratic management because of socioeconomic bad condition. (4) In spite of the dependence on the government financial aid Korean Fisheries Co - operatives has contributed to the fisheries development. (5) At the aid of the credit undertaking economic project was enlarged greatly, (6) With the close of the UR talks we cannot but open out fisheries market. So we are in condition that must enforce out fisheries compatability. especially, \circled1 Improvement of fisheries structure to enlarge management scale \circled2 Increase of productivity in fishing ground \circled3 The continuous endeavour to positive marine resourses making (7) Reorganization of fisheries, for example fisheries system or fisheries structure (8) Reexamination of the organization and operation of Korean Fisheries Co - operatives. And taking a proper step to improve their weak points. (9) The strengthening of the activity of investigation and study in centural Fisheries Co - operatives (10) It needs a special study to establish a few target or object in the management of Fisheries Co - operatives. When we could solve these ones mentioned above our fisheries will develop again.

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Pattern-based Analysis of Ubiquitous Process Design Based on Active Rules (능동형 규칙 기반 유비쿼터스 프로세스 설계의 워크플로우 패턴 분석)

  • Jung, Jae-Yoon;Park, Jong-Hun
    • The Journal of Society for e-Business Studies
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    • v.14 no.1
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    • pp.35-56
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    • 2009
  • Many process modeling techniques, such as Petri-net, UML Activity Diagram, and EPC, are used to design process models. In this paper, we analyze ubiquitous process design based on workflow patterns. In particular, we focus on process design using active rules that have the form of Event-Condition-Action, and deal with the WS-ECA language, which was devised for ubiquitous web services coordination. We first check whether workflow patterns can be designed with ECA rules, and we then provide WS-ECA representations for ECA rules of the patterns. The contribution of this paper is that ECA rule-based process models were presented based on workflow patterns and they can be a guideline for ubiquitous process modeling.

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VIP-targeted CRM strategies in an open market

  • Lee, Hanjun;Shim, Beomsoo;Suh, Yongmoo
    • Journal of the Korean Data and Information Science Society
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    • v.26 no.1
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    • pp.229-241
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    • 2015
  • Nowadays, an open-market which provides sellers and consumers a cyber place for making a transaction over the Internet has emerged as a prevalent sales channel because of convenience and relatively low price it provides. However, there are few studies about CRM strategies based on VIP consumers for an open-market even though understanding VIP consumers' behaviors in open-markets is important to increase its revenue. Therefore, we propose CRM strategies targeted on VIP customers, obtained by analyzing the transaction data of VIP customers from an open-market using data mining techniques. To that end, we first defined the VIP customers in terms of recency, frequency and monetary (RFM) values. Then, we used data mining techniques to develop a model which best classifies and identifies infiluential factors customers into VIPs or non-VIPs. We also validate each of promotion types in the aspect of effectiveness and identify association rules among the types. Then, based on the findings from these experiments, we propose strategies from the perspectives of CRM dimensions for the open-market to thrive.