• Title/Summary/Keyword: Decision Making Elements

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Development of Gateway Review System for Supporting Collaborative Decision-Making through Project Life Cycle (사업 단계별 의사결정 지원 게이트웨이 리뷰 체계 구축)

  • Shin, Seung-Woo;Yi, June-Seong;Lee, Jee-Hee;Park, Kyung-Rog;Lim, Ji-Youn
    • Korean Journal of Construction Engineering and Management
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    • v.11 no.3
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    • pp.43-54
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    • 2010
  • As Urban Regeneration is being carried out, stakeholders are most likely to have disagreements on their interests. Besides, dispersion of numerous communication routes and obscure decision processes aggravate the situation. Eventually, fragmented decision-making processes and complex structure lead to inefficient outcome and delay of projects. This paper is a study on decision-making support not only helps the program manager have more efficient and optimum decision, but also provides alternatives for Urban Regeneration. This study is conducted as follows. Firstly, the project process and the decision-making structure among stakeholders in Urban Regeneration are analyzed, and then the current status of decision-making in Urban Regeneration project is classified. Secondly, with literature study on "Gateway Review", the decision-making gateway review process in Urban Regeneration is defined, and then the "Gateway Review Elements" are listed. Thirdly, to establish gateway review process, this paper presents a check points, namely gate which supports a program manager to monitor and to control the program management in Urban Regeneration. Each gate has several supporting tools such as diagram of critical decision points relation, scheme of stakeholder, checklist. Fourthly, the proposed concept is verified by experts who have been carefully selected to provide their respective reviews. Finally, decision-making support gateway review system is modified based on their critiques and suggestions.

A Study on Decision Making Factors Affecting Bank Performance: Focusing on US Banks (은행의 성과에 영향을 미치는 의사결정 요인에 관한 연구: 미국은행을 중심으로)

  • Ik-Sung Choi;Jae-Sung Kim
    • Journal of Industrial Convergence
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    • v.22 no.2
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    • pp.1-12
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    • 2024
  • This study investigates what decisions have an impact on bank performance. A panel regression analysis was conducted using data from the financial statements of banks located in the United States from 2013 to 2022, and the effects of explanatory variables were examined through hierarchical panel regression analysis divided into financial decision-making and management decision-making. In addition, by analyzing performance separately from the creditor and shareholder perspectives (hereinafter referred to as overall) and from the shareholder perspective alone, it suggests which elements should be utilized and how to improve performance from each perspective. When a panel regression analysis was performed using only liquidity and stability, dependency on deposits and the interest coverage ratio had a statistically significant impact from the perspective of overall performance, and the debt ratio also had a statistically significant impact from the perspective of shareholder performance. When adding non-technical factors, only the labor cost ratio among non-technical factors was found to be statistically significant from the overall performance perspective, and although the non-technical factors were not statistically significant from the shareholder performance perspective, the cash ratio was found to have a statistically significant impact. Lastly, when adding technical innovation elements, the intangible asset ratio was not statistically significant from the overall performance perspective, but was significant from the shareholder performance perspective. The significance and implications of this study are that there are differences in factors that can affect the performance of overall or shareholder and that various decision-making factors can affect a bank's performance.

An Empirical Study on extracting significant technology valuation index of IT SMES (IT중소벤처 유의적 기술평가항목추출에 관한 실증연구)

  • Yang, Dong-U
    • Journal of Korea Technology Innovation Society
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    • v.8 no.1
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    • pp.277-295
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    • 2005
  • The objective of the study is to verify the discriminatory power of valuation indexes in predicting IT small and medium sized manufacturing firms' going concern or firms' failure. The result of the study is expected to be useful in loan evaluation, investment decision, internal management decision making and business improvement. The results of study is as follows. First, we find that at least six valuation index elements are significant ex-ante variable which are discriminating between firms' going concern and firms' failure in IT small and medium sized manufacturing firms in various analysis' results. Second, these index elements are composed of 2 indexes-the ability of technology R&D, the efficient strategy of market penetration and six index elements explain 46% of the total variance. This explainable power of these indexed is similar to that of the existing 16 index elements. Finally, we find that the most important success factor of IT small and medium sized manufacturing firms are the ability of technology R&D and the efficient strategy of market penetration.

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An Applied Technique of Linear Programming Using Multi-Softwares (다종 S/W 적용에 의한 선형계획법 연구)

  • 한계섭
    • The Journal of Information Systems
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    • v.5
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    • pp.21-41
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    • 1996
  • Linear programming has become an important tool in decision-making of modern business management. This remarkable growth can be traced to the pioneering efforts of many individuals and research organizations. The popular using of personal computers make it very easy to process those complicated linear programming models. Furthermore advanced linear programming software packages assist us to solve L.P. models without any difficult process. Even though the advanced L.P. professional packages, the needs of more detailed deterministic elements for business decisions have forced us to apply dynamic approaches for more resonable solutions. For the purpose of these problems applying to the "Mathematica" packages which is composed of mathematic tools, the simplex processes show us the flexible and dynamic decision elements included to any other professional linear programming tools. Especially we need proper dynamic variables to analyze the shadow prices step by step. And applying SAS(Statistical Analysis System) packages to the L.P. problems, it is also one of the best way to get good solution. On the way trying to the other L.P. packages which are prepared for Spreadsheets i.e., MS-Excel, Lotus-123, Quatro etc. can be applied to linear programming models. But they are not so much useful for the problems. Calculating simplex tableau is an important method to interpret L.P. format for the optimal solution. In this paper we find out that the more detailed and efficient techniques to interpret useful software of mathematica and SAS for business decision making of linear programming. So it needs to apply more dynamic technique of using of Mathematica and SAS multiple software to get more efficient deterministic factors for the sophiscated L.P. solutions.

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A Filter Lining Scheme for Efficient Skyline Computation

  • Kim, Ji-Hyun;Kim, Myung
    • Journal of Korea Multimedia Society
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    • v.14 no.12
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    • pp.1591-1600
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    • 2011
  • The skyline of a multidimensional data set is the maximal subset whose elements are not dominated by other elements of the set. Skyline computation is considered to be very useful for a decision making system that deals with multidimensional data analyses. Recently, a great deal of interests has been shown to improve the performance of skyline computation algorithms. In order to speedup, the number of comparisons between data elements should be reduced. In this paper, we propose a filter lining scheme to accomplish such objectives. The scheme divides the multidimensional data space into angle-based partitions, and places a filter for each partition, and then connects them together in order to establish the final filter line. The filter line can be used to eliminate data, that are not part of the skyline, from the original data set in the preprocessing stage. The filter line is adaptively improved during the data scanning stage. In addition, skylines are computed for each remaining data partition, and are then merged to form the final skyline. Our scheme is an improvement of the previously reported simple preprocessing scheme using simple filters. The performance of the scheme is shown by experiments.

A Study on the Factory of Design Influencing Purchase Decision-making Factors at Social Commerce Sites (소셜커머스 사이트의 구매결정 요인에 영향을 미치는 디자인 요인)

  • Park, Kiho
    • Journal of Digital Convergence
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    • v.10 no.9
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    • pp.101-110
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    • 2012
  • In recent days, lots of social commerce newly emerged business types of e-commerces are on the basis of social network. Therefore social commerce with social network might be powerful communication channel among customers and has suggested new paradigm in transaction model on the internet. In general, major roles of social commerce sites are to promote transaction with high discount rate and/or lots of event and to activate markets of local area. As characteristics of social commerce such as dynamic, rapid, and open, this research was assumed that design factors of sites that are different from existing e-commerce sites might be influential elements in decision making of purchase. This research is to empirically investigate which factors affect purchase decision making behaviors for 20s respondents who are major users of social commerce services. As a result major factor, easy-to-use, affecting decision making factors was identified and this result can give implication to researchers and persons in charge of fields who have interests in commerce site design and upgrade.

A Study on Smartphone Evacuation Guidance Map Criteria through Analysis of Decision-making Time (의사결정시간 분석을 통한 스마트폰 피난안내도 구성요소별 작성기준에 관한 연구)

  • Jeon, Eun-Goo;Bae, Young-Hoon;Jee, Ho-Joon;Son, Jong-Yeong;Park, Joongoo;Hong, Won-Hwa
    • Fire Science and Engineering
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    • v.33 no.5
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    • pp.86-93
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    • 2019
  • Previous studies related to evacuation guidance systems are focused on the system construction, and research on manual of the standard evacuation map is insufficient. Therefore, this research is a basic study to establish the standard evacuation map, and analyzed the decision-making time according to the type and size for each component of the evacuation map. Experimental elements were derived through the review of previous studies and legal regulations. After that, decision-making time was analyzed according to the type and size of the component display method. An experiment was conducted to analyze the decision-making time according to the type and size of the component display method. Afterwards, through the statistical test, the evacuation map guidelines for smartphones were proposed.

A Study on a Decision Making Model for the Internet Avatar User -With Particular Emphasis on Developing Prototypes for Purpose of Users- (인터넷 아바타 사용자의 의사결정 모델에 관한 연구 -사용 목적 별 프로토타입 제작을 중심으로 -)

  • 김영미;정경운
    • Archives of design research
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    • v.17 no.3
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    • pp.263-272
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    • 2004
  • As the evolution of information and communication technologies alters the communication environment at an alarming rate, the avatar has presented itself as one of new means of communication in recent years. The Internet avatar has increasingly placed as an important profit making source of the digital contents. However, studies on how users make decision for choosing the avatar are very seldom. The aim of this study is to understand user's behaviors in the decision making process for selecting the most appropriate avatar among various choices. It also aims to identify major factors and elements for developing an avatar depending on the users purposes. A set of decision-making models, accordingly purpose model and cognitive model, as well as prototype of each model have been developed. Finally, it suggested practical guidelines for designing the avatar in conjunction with purposes of use.

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Exploration of Teaching Elements on Pedagogical Content Knowledge(PCK) for Teaching Professional Growth (교수 전문성 신장을 위한 내용 교수 지식(PCK) 관련 교수활동 요소의 탐색)

  • Won, Hyo-Heon
    • Journal of Fisheries and Marine Sciences Education
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    • v.22 no.2
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    • pp.231-244
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    • 2010
  • The purpose of this study is to explore domains and elements of pedagogical content knowledge(PCK) for effective teaching in secondary schools. The value of PCK lies essentially in its relation with specific topics. Teachers' PCK becomes through making explicit the nature of their pedagogical reasoning and the associated decision making within the context of teaching content. This study propose the process of PCK research and development. The theoretical definition of PCK, basic directions of PCK development were discussed. This research provides teachers with an opportunity to think about what is important in the teaching of a topic and why and to consider possibilities for future development.

The Factors of Product Purchase Decisions for Distribution of Community Enterprises in Nakhon Si Thammarat, Thailand

  • NAKUDOM, Sor sirichai;NAKUDOM, Siwaporn;NOOBUTR, Pinrudee;KHIAWNOI, Pannapa;WANNAPIROON, Panita
    • Journal of Distribution Science
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    • v.21 no.1
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    • pp.45-52
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    • 2023
  • Purpose: This study aims to analyze the confirmation the purchase decision of community enterprise products, such information is an important issue for community enterprise entrepreneurs to develop a marketing strategy through the purchasing decision of community enterprise products Research design, data and methodology: The research was designed by using mixed methods research (exploratory design), starting with in-depth interviews of consumers of community enterprise products to determine the reasons for their purchase decisions. The researcher then used the data from the in-depth interviews to create a questionnaire for consumers of community enterprise products. These data were used to analyze the confirmation components of such elements. Results: The analysis found the following. 1. Decision-making is based on a product 2. Decision-making is based on social context considerations Conclusions: Develop an image to make a difference between community enterprise entrepreneurs and general entrepreneurs for distribution. The local wisdom, it is a local intellectual resource. It should be used in adjusting or blending old knowledge with new knowledge together appropriately. Creating community participation, love, unity, and the sympathy of the people in the community can help in participation in the operation of community enterprises.