• Title/Summary/Keyword: Decision making support tool

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A Simulation based Approach for Group Decision-Making Support

  • Kwahk, Kee-Young;Kim, Hee-Woong
    • Management Science and Financial Engineering
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    • v.10 no.1
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    • pp.1-23
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    • 2004
  • The changing structure of organization and the increasing diversity of business have forced organizations to have abilities to coordinate dispersed business activities. They have required cooperation and coordination among the functional units in the organization which should involve group decision-making processes. Although many group decision-making support tools and methods have been introduced to enable the collaborative process of group decision-making, they often lack the features supporting the dynamic complexity issue frequently occurring at group decision-making processes. This results in cognitive unfit between the group decision-making tasks and their supporting tools, bringing about mixed results in their effects on group decision-making. This study proposes system dynamics modeling as a group decision-making support tool to deal with the group decision -making tasks having properties of dynamic complexity in terms of cognitive fit theory.

How to develop corporate real estate? A decision support tool for CREM

  • Dorr, Anne;Pfnur, Andreas
    • Journal of Construction Engineering and Project Management
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    • v.7 no.2
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    • pp.19-33
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    • 2017
  • Various forms of procurement are open to companies when constructing new owner-occupied properties. The selection of a form of procurement is an important decision-making problem for companies and their Corporate Real Estate Management (CREM) departments. With this in mind, a decision support tool has been developed to optimise the outcome and success of company's proposed real estate development projects and is presented in this paper. This model can also be used for current real estate portfolios to optimise returns in the long term. In pursuit of this objective and in order to provide an academic basis for this study, decision-relevant goals and parameters were initially identified from the referenced literature used in our research. These were subsequently evaluated in a case study of a corporate development project and identified as specific decision criteria from the perspective of the CREM. The investigation identified 15 criteria that are relevant to the corporate decision-making process in procuring and/or developing property. A model for supporting and resolving decision-making problems of this type was derived from decision theory. In this paper, a decision-making tool is presented that takes into account all the decision criteria from the CREM point of view for the first time. This model should therefore serve as an aid in implementing the decision-making process for the development of real estate projects in a more structured and transparent manner.

A System Dynamics Approach for Making Group Decision

  • Kwahk Kee-Young;Kim Hee-Woong
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2003.05a
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    • pp.958-965
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    • 2003
  • The rapidly changing business environment has required cooperation and coorduiation among functional units n organizations which should Involve group decision-making processes Although many group derision-making support tools and methods have provided the collaborative capabilities for organizational members, they often lack features supporting the dynamic complexity issue frequently occurring at group decision-making processes This study proposes system dynamics modeling as a group decision-making support tool to deal with the group derision-making tasks having properties of dynamic complexity in terms of cognitive fit theory.

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A Study on the Development of Intelligent Decision Systems Using Influence Diagram

  • Kim, Jae-Kyeong
    • Journal of the Korean Operations Research and Management Science Society
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    • v.20 no.3
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    • pp.77-104
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    • 1995
  • Intelligent Decision System support the decision analysis process in the managerial problems with decision analytic knowledge as well as domain specific knowledge. Influence Diagram has been one of the major knowledge representation in the intelligent decision system. In the development of intelligent decision system, knowledge acquisition is also known to be difficult. This paper suggests a developing tool using an influence diagram and Verbal Protocol Analysis which facilitates knowledge acquision for intelligent decision system. An ennvironmental decision making problem is used as an illustrative example and validation of the suggested developing tool is discussed. The suggested tool is very flexible to be expanded or applied to similar problems.

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Make-or-buy Decision Model Using Fuzzy-AHP Method for School Foodservice System

  • Hwang, Heung-Suk;Ko, Wen-Hwa
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2007.11a
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    • pp.121-129
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    • 2007
  • Recently a multi-attribute structure analysis method is one of the evident areas of important points in the decision support system analysis. This research developed an internet/intranet-based solution builder for a three-step decision support system using fuzzy-AHP in the view of 1) brainstorming far the idea generation, 2) fuzzy-AHP (fuzzy analytic hierarchy process) as a multi-attribute structured analysis method and 3) aggregation logic model to integrate the results of individual analysis. We applied this decision support system to the make-or-buy decision problem for school foodservice system considering the multi-attributes in the decision making. A computer program is developed and demonstrated it internet/intranet-based decision problem. It was known that this solution builder provides decision makers a good tool for mate-of-buy group decision making.

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Decision Making Support Tool for Master Architect in Design Development Phase of Mega-Project (메가프로젝트 기본설계단계의 Master Architect 의사결정지원 도구)

  • Cho, Dong-Hyun;Koo, Kyo-Jin;Park, Sung-Chul;Kim, Jong-Il
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • 2008.11a
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    • pp.202-206
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    • 2008
  • Recently, as high level of interest for the city regeneration, large-scale projects are planned or being performed such as reconstruction project. These mesa-projects have different characteristics from a single project in the design phase. It is a number of companies involved in design phase of mega-project and principal decision-making entity manage the project from the initial stage of an ongoing business by coordinating an opinions between design companies. The absence of a decision making support system reflected those characteristic causes a variety of problems such as a loss of cost and schedule. Therefore the final object of this paper is to propose a decision making support tool and system interface.

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Development of a Web-Based Solution Builder for Three-Step Decision Support System

  • Hwang, Heung-Suk
    • Industrial Engineering and Management Systems
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    • v.1 no.1
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    • pp.58-63
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    • 2002
  • Recently a new multi-attribute analysis method is one of the evident areas of important points in the decision support system analysis. The area of decision support system may be broken into three primary area: idea generation, multi-attribute structured analysis method, and the integration of the results of analysis. This research developed an internet/intranet-based solution builder for a three-step decision support system in the view of 1) brainstorming for the idea generation, 2) analytic hierarchy process as a multi-attribute structured analysis method and 3) aggregating logic model to integrate the results of individual analysis. A computer program is developed and demonstrated in internet/intranet-based decision problem. This solution builder provides decision makers a good tool for remote group decision making.

Spatial Multicriteria Decision Analysis: A Powerful Tool for Participatory Decision-Making in Community-based Tourism Research

  • Kim, Jinwon
    • Journal of Smart Tourism
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    • v.1 no.4
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    • pp.3-7
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    • 2021
  • Although Geographic Information Systems (GISs) have commonly been employed as powerful tools for manipulating and displaying spatial data in community-based tourism, a variety of GIS functions still lack the capabilities required to assist multiple decision makers to come to consensual decisions. In this study, I propose an alternative approach: spatial multicriteria decision analysis (SMCDA) that could reflect diverse decision makers' preferences by integrating GISs and multicriteria decision analysis (MCDA). I review the small number of case studies that have employed SMCDA, with a focus on the roles of GISs and MCDA. The methodological integration of GISs and MCDA into multi-spatial decision support systems offers the potential to implement participatory decision-making to solve complex spatial problems in community-based tourism planning, development, and management.

An Integrated System Design Approach for Decision Support System and Expert System (의사결정지원(意思決定支援)시스템과 전문가(專門家)시스템의 통합적(統合的) 설계(設計)에 관(關)한 연구(硏究))

  • Gwon, Yeong-Sik
    • Journal of Korean Society for Quality Management
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    • v.16 no.2
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    • pp.34-47
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    • 1988
  • Decision support system (DSS) has been expected to be a powerful tool for aiding the decision making processes in business organizations. But it's contribution has turned to be somewhat doubtful, In this paper, an intergrated systems design apporach is suggested, which integrates DSS and expert system (ES) for the enhancement of performance of DSS, after carefully reviewing both DSS and ES.

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A Clinical Decision Support System for Diagnosis of Hearing Loss (청각장애 진단을 위한 의사결정 지원체계 개발에 관한 연구)

  • Chae, Young-Moon;Park, In-Yong;Jung, Seung-Kyu;Chang, Tae-Young
    • Journal of Preventive Medicine and Public Health
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    • v.22 no.1 s.25
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    • pp.57-64
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    • 1989
  • A decision support system (DSS) was developed to support doctor's decision-making in diagnosing hearing loss. The final diagnosis encompassed 41 diseases with the problem of hearing loss. The system was developed by integrating model-oriented DSS technique and artificial intelligence technology. The system can be used as both diagnosis tool and teaching tool for medical students. Furthermore, the AI technology obtained from this study may also be used in developing DSS for hospital management.

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