• Title/Summary/Keyword: Business Rule

Search Result 424, Processing Time 0.049 seconds

Legal Sources of Fraud Rule and It's Standard in Documentary Credit (화환신용장에서 사기배제법칙의 법원과 표준)

  • Oh, Won-Suk;Kim, Jae-Seong
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
    • /
    • v.21
    • /
    • pp.99-127
    • /
    • 2003
  • Legal sources of fraud rule in documentary letter of credit, which have their origin in Sztejn Case can be traced to various rules or laws of international or domestic level ; URCG, URDG and ISP98 as ICC Rules, and UNCITRAL Convention as an international uniform law, and UCC as a domestic law and U.K. cases. Among them the combination of "material fraud" in UCC ${\S}5-109$ and the detailed list of the types of misconduct in UNCITRAL Convention may provide the best solution or standard in real application of the fraud rule in letter of credit transaction.

  • PDF

Rule Extraction from Neural Networks : Enhancing the Explanation Capability

  • Park, Sang-Chan;Lam, Monica-S.;Gupta, Amit
    • Journal of Intelligence and Information Systems
    • /
    • v.1 no.2
    • /
    • pp.57-71
    • /
    • 1995
  • This paper presents a rule extraction algorithm RE to acquire explicit rules from trained neural networks. The validity of extracted rules has been confirmed using 6 different data sets. Based on experimental results, we conclude that extracted rules from RE predict more accurately and robustly than neural networks themselves and rules obtained from an inductive learning algorithm do. Rule extraction algorithm for neural networks are important for incorporating knowledge obtained from trained networks into knowledge based systems. In lieu of this, the proposed RE algorithm contributes to the trend toward developing hybrid and versatile knowledge-based system including expert systems and knowledge-based decision su, pp.rt systems.

  • PDF

A Post-analysis of the Association Rule Mining Applied to Internee Shopping Mall

  • Kim, Jae-Kyeong;Song, Hee-Seok
    • Proceedings of the Korea Inteligent Information System Society Conference
    • /
    • 2001.06a
    • /
    • pp.253-260
    • /
    • 2001
  • Understanding and adapting to changes of customer behavior is an important aspect for a company to survive in continuously changing environment. The aim of this paper is to develop a methodology which detects changes of customer behavior automatically from customer profiles and sales data at different time snapshots. For this purpose, we first define three types of changes as emerging pattern, unexpected change and the added / perished rule. Then we develop similarity and difference measures for rule matching to detect all types of change. Finally, the degree of change is evaluated to detect significantly changed rules. Our proposed methodology can evaluate degree of changes as well as detect all kinds of change automatically from different time snapshot data. A case study for evaluation and practical business implications for this methodology are also provided.

  • PDF

On Rule-Based Inventory Planning Over New Product Launching Period (신제품 출시 시점의 규칙기반 재고계획에 관한 고찰)

  • Kim, Hyoungtae
    • Journal of Korean Society of Industrial and Systems Engineering
    • /
    • v.39 no.3
    • /
    • pp.170-179
    • /
    • 2016
  • In this paper we have tackled the outstanding inventory planning problems over new product launching period in a more holistic manner by addressing first the definition of efficient business rules to effectively control and reduce the inventory risks followed by the rigorous explanations on the implementation guide on suggested inventory planning rules. It is not unusual for many companies in the consumer electronics market to make a great effort to reduce the time to launch a new product because the ability to bring out higher performing products in such a short time period greatly increases the probability for them to remain competitive in the high tech market. Among so many newly developed products, those products with new features and technologies appeal to many potential customers while products which fail to win customers by design and prices rapidly disappear in the market. To adapt to this business environment, those companies have been trying to find the answer to minimize the inventory of old products so they can move to next generation products quickly with less obsolete material. In the experimental implementation of our rule-based inventory planning, Company 'S' reduced the inventory cost for the outgoing products as low as 49% of its peak level of its preceding product version in just 5 month after the adoption of rule-based inventory planning process and system. This paper concluded the subject with a suggestion that the best performance of rule-based inventory planning is guaranteed not from one-time campaign of process improvement along with system development but the decision maker's continuing support and attention even without seeing any upcoming business crisis.

The Creation of Organizational Agility Through BRE Introduction: A case of "W" Investment and Securities Co., Ltd. (BRE 활용을 통한 조직민첩성 창출: "W" 투자증권 사례를 중심으로)

  • Ok, Jung-Bong;Lee, Jeong-Min;Cha, Sang-Min;Gexi, Gexi;Kwahk, Kee-Young
    • Information Systems Review
    • /
    • v.12 no.1
    • /
    • pp.131-144
    • /
    • 2010
  • To survive in the rapidly changing business environment, it is very important for companies to respond to the changing environment effectively as well as agilely. As an approach to appropriately respond to the changing environment, companies have developed and exploited various business rules and related knowledge and attempted to implement them through information systems. However, most of legacy information systems used in companies have suffered from the limitations that do not properly utilize and systematically organize the business rules. This study proposes an introduction of BRE (business rule engine) as a solution to cope with the limitations and explores its effect on organizational agility based the case analysis of "W" Investment and securities Co., Ltd.

ECA Rule-Based Timely Collaboration of Web-Based Distributed Business Systems (웹기반 분산 기업 시스템을 위한 ECA 규칙 기반 적기 협력방법)

  • Lee, Dong-Woo;Lee, Seong-Hoon
    • Journal of the Korea Society of Computer and Information
    • /
    • v.10 no.4 s.36
    • /
    • pp.345-354
    • /
    • 2005
  • In this paper collaboration of web-based distributed business systems is analyzed and the need of timely collaboration is derived and described in terms of inter-organizational contracts. A method of event-condition-action (ECA) rule based timely collaboration to meet the need and an active functionality component (AFC) to provide the method are proposed. The proposed method supports high level rule programming and event-based immediate processing so that system administrators and programmers can easily maintain the timely collaboration independently to the application logic. The proposed AFC uses HTTP protocol to be applied through firewalls. It is implemented using basic trigger facilities of a commercial DBMS for practical purpose.

  • PDF

Rule Acquisition Using Ontology Based on Graph Search (그래프 탐색을 이용한 웹으로부터의 온톨로지 기반 규칙습득)

  • Park, Sangun;Lee, Jae Kyu;Kang, Juyoung
    • Journal of Intelligence and Information Systems
    • /
    • v.12 no.3
    • /
    • pp.95-110
    • /
    • 2006
  • To enhance the rule-based reasoning capability of Semantic Web, the XRML (eXtensible Rule Markup Language) approach embraces the meta-information necessary for the extraction of explicit rules from Web pages and its maintenance. To effectuate the automatic identification of rules from unstructured texts, this research develops a framework of using rule ontology. The ontology can be acquired from a similar site first, and then can be used for multiple sites in the same domain. The procedure of ontology-based rule identification is regarded as a graph search problem with incomplete nodes, and an A* algorithm is devised to solve the problem. The procedure is demonstrated with the domain of shipping rates and return policy comparison portal, which needs rule based reasoning capability to answer the customer's inquiries. An example ontology is created from Amazon.com, and is applied to the many online retailers in the same domain. The experimental result shows a high performance of this approach.

  • PDF

Support of Third Party Logistics Operation based on Business Rules (비즈니스 규칙 기반의 3자 물류 운영 지원)

  • Park, Chulsoon;Bang, Yanghee;Sung, Hongsuk
    • Journal of Korean Society of Industrial and Systems Engineering
    • /
    • v.40 no.2
    • /
    • pp.137-144
    • /
    • 2017
  • The business process of global third party logistics company is defined as a network of logistics activities which involves the products that are manufactured in the developing countries, such as Vietnam, China and so on, and delivered to North or South American countries via intermediate stopover sites. The third party logistics company usually uses proprietary logistics information system to support the related logistics activities. However, each consignor sometimes may require different business process based on the customer type or characteristics of their products. Therefore, the third party logistics company need to modify their business process to reflect customer's requirements, resulting in the modification of logistic information systems and additional costs. Therefore, a flexible mechanism is required to efficiently support the various types of requirements by the owners of the products. In this paper, first, we figured out various business rules related to third party global logistics activities. Second, we grouped the identified business rules into business processes, objects, relations, dependency, policy, representations, execution, and resources and further into precondition, postcondition, and invariant based on checking point in time. Furthermore, the categorized rules are classified into inter-activity and intra-activity rules based on the execution range. Third, we proposed a rule syntax to describe the defined rules into scripts which are understood by user and information system together. When each activity is executed, the rule manager checks whether there are rules related with the activity execution. Finally, we developed a prototype rule management system to show the feasibility of our proposed methodology and to validate it with an example.

Prediction of User Preferred Cosmetic Brand Based on Unified Fuzzy Rule Inference

  • Kim, Jin-Sung
    • Proceedings of the Korean Institute of Intelligent Systems Conference
    • /
    • 2005.11a
    • /
    • pp.271-275
    • /
    • 2005
  • In this research, we propose a Unified Fuzzy rule-based knowledge Inference Systems UFIS) to help the expert in cosmetic brand detection. Users' preferred cosmetic product detection is very important in the level of CRM. To this Purpose, many corporations trying to develop an efficient data mining tool. In this study, we develop a prototype fuzzy rule detection and inference system. The framework used in this development is mainly based on two different mechanisms such as fuzzy rule extraction and RDB (Relational DB)-based fuzzy rule inference. First, fuzzy clustering and fuzzy rule extraction deal with the presence of the knowledge in data base and its value is presented with a value between $0\∼1$. Second, RDB and SQL(Structured Query Language)-based fuzzy rule inference mechanism provide more flexibility in knowledge management than conventional non-fuzzy value-based KMS(Knowledge Management Systems)

  • PDF

A Study on the Hybrid Data Mining Mechanism Based on Association Rules and Fuzzy Neural Networks (연관규칙과 퍼지 인공신경망에 기반한 하이브리드 데이터마이닝 메커니즘에 관한 연구)

  • Kim Jin Sung
    • Proceedings of the Korean Operations and Management Science Society Conference
    • /
    • 2003.05a
    • /
    • pp.884-888
    • /
    • 2003
  • In this paper, we introduce the hybrid data mining mechanism based in association rule and fuzzy neural networks (FNN). Most of data mining mechanisms are depended in the association rule extraction algorithm. However, the basic association rule-based data mining has not the learning ability. In addition, sequential patterns of association rules could not represent the complicate fuzzy logic. To resolve these problems, we suggest the hybrid mechanism using association rule-based data mining, and fuzzy neural networks. Our hybrid data mining mechanism was consisted of four phases. First, we used general association rule mining mechanism to develop the initial rule-base. Then, in the second phase, we used the fuzzy neural networks to learn the past historical patterns embedded in the database. Third, fuzzy rule extraction algorithm was used to extract the implicit knowledge from the FNN. Fourth, we combine the association knowledge base and fuzzy rules. Our proposed hybrid data mining mechanism can reflect both association rule-based logical inference and complicate fuzzy logic.

  • PDF