• Title/Summary/Keyword: Decision-Making Models

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Algorithmic Framework for Business Process Innovation

  • Han Hyun-Soo
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2003.05a
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    • pp.1142-1149
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    • 2003
  • Various organizational factors effect successful implementation of IT enabled business transformation. Among them, the most critical success factor is deemed to overcoming change management problem. Lots of studies have been made on Implementation methodologies and business process formalizations to encourage organizational members to accept new business process changes. However, the logic or process redesign still depends on qualitative problem solving techniques mostly depending on basically human intuition such as brainstorming. cause-and-effect analysis. and so on. In this paper, we focused on developing analytic framework to design to-be business process structure. which can complement qualitative problem solving procedures. With effective use of IT as an enabler, we provide algorithmic framework applicable to designing various business process changes such as process automation, business process resequencing, and more radical process integration. The framework follows dynamic programming approach in the literature, which is based on the decision making paradigm of organizations to abstract business processes as quantitative decision models. As such, our research ran fill the gap of limited development of theory based analytic methodologies for business process design, by providing objective rationale to reach the consensus among the organizational members including senior management.

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A study of developing Customer Satisfaction Index(CSI) used for Structural Equation Model(SEM) and applications of customers' decision - focused on the domestic automobile industry - (구조방정식을 활용한 고객만족지수 개발과 고객의사결정에의 활용 방안에 관한 연구 - 국내 자동차 산업을 중심으로 -)

  • Jung Ji-Young;Cho Jai-Rip
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2003.05a
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    • pp.508-515
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    • 2003
  • There are various methods to assess to company's outcome. Among them, the customers satisfaction, which is assessed by customers, is the most important. If the customers satisfaction is measured by the CSI based on the proper reliability and validity, you can apply the result for various marketing methods. Therefore, this study develops a model to assess CSI for an industry, specifically, local automotive industry based on the SEM that is already proven valid through assessing models such as ACSI, KCSI and NCSI. Moreover, this research can be utilized for marketing strategy helping customers to decide as an AHP model, one of the decision making method.

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A Study on a Site Selection Model of Marine Products Centers (수산물 산지종합처리장 부지선정 모형 개발 및 적용에 관한 연구)

  • 윤민석;이준석
    • Korean Management Science Review
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    • v.18 no.2
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    • pp.73-85
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    • 2001
  • Recently increasing amount of efforts has been devoted to the improvement of logistics in the marine products industry. Yet, few studios have been conducted on the development of site selection models of marine products centers. This paper Proposes a systematic assessment model for the decision making, which is composed of a set of evaluation criteria and an appropriate evaluation method. In choosing criteria we consider completeness and comprehensiveness to reach a right solution. For more flexibility of the model in the future, this study proposes two sets of criteria according to the size of planned centers. The Analytic Hierarchy Process (AHP) is adopted in this study, since the criteria incorporate both subjective factors and objective factors and the AHP is known effective in the situation. This study then illustrates the model application with plausible alternatives. Finally, a dependency problem in the decision criteria is discussed and the Analytic Network Process (ANP) is recommended, in the context, as e solution method.

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A Study of the Effects of Agent Activeness on Team Performance (행위자의 능동성이 팀 성과에 미치는 영향에 관한 연구)

  • 강민철
    • Journal of the Korean Operations Research and Management Science Society
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    • v.25 no.1
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    • pp.93-104
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    • 2000
  • Passive agents participate in team activities passively, that is, only upon requst, whereas active agents involve themselves voluntarily. Teams composed of active agents are generally believed to perform better than those with passive agents. In this paper, by using a computational simulation model we examine the effect of agent activeness on the efficiency of decision-making teams that access different amout of information. "Team-Soar" is a computational fraemwork that consists of a group of interconnected individual Al agents (i.e., Soar). A simulation experiment using Tearm-Soar was performed. Results of the simulation provide valuable insights on the roles of agent activeness. For example, the impact of having more active agents becomes more sigfniciant as the amout of information to process increases and when the team decision efficiency is important. Some of the results are counter-intultive and therefore provides an opportunity to understand the roles of the agnet activeness more deeply. For instance, the simulation results reveal that having more active agents did not always enhance team efficiency. Conclusively, the simulation experiment demonstrates how computational models contribute to the research of agents social characteristics.teristics.

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Mathematical Programming Models for Establishing Dominance with Hierarchically Structured Attribute Tree (계층구조의 속성을 가지는 의사결정 문제의 선호순위도출을 위한 수리계획모형)

  • Han, Chang-Hee
    • Journal of the military operations research society of Korea
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    • v.28 no.2
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    • pp.34-55
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    • 2002
  • This paper deals with the multiple attribute decision making problem when a decision maker incompletely articulates his/her preferences about the attribute weight and alternative value. Furthermore, we consider the attribute tree which is structured hierarchically. Techniques for establishing dominance with linear partial information are proposed in a hierarchically structured attribute tree. The linear additive value function under certainty is used in the model. The incompletely specified information constructs a feasible region of linear constraints and therefore the pairwise dominance relationship between alternatives leads to intractable non-linear programming. Hence, we propose solution techniques to handle this difficulty. Also, to handle the tree structure, we break down the attribute tree into sub-trees. Due to there cursive structure of the solution technique, the optimization results from sub-trees can be utilized in computing the value interval on the topmost attribute. The value intervals computed by the proposed solution techniques can be used to establishing the pairwise dominance relation between alternatives. In this paper, pairwise dominance relation will be represented as strict dominance and weak dominance, which ware already defined in earlier researches.

Cost Estimating and Marginal Analysis for Alternatives (대체안의 원가견적과 한계분석)

  • 이근희;박상민
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.12 no.19
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    • pp.67-72
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    • 1989
  • This paper concerns with the decision maker has the job of forecasting capital investments and operating expenses to aid the decision making in choosing and evaluating present annual and future alternatives. The cost estimating function eventually analysis, evaluates and choose the alternatives. And also, the marginal analysis performed originally from a preliminary design of some sort, and eventually plans are made to investigate investment possibilities. This paper provide the discounted net cash flows and the present, annual and future worth methods. In despite of any choice for an analytical methods, there remains the problems of predicting and assessments certain future events. Therefore, these models dealing with the optimal plant sizing, equipments replacement, and lease or buy will be discussed.

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STATISTICAL MODELLING USING DATA MINING TOOLS IN MERGERS AND ACQUISITION WITH REGARDS TO MANUFACTURE & SERVICE SECTOR

  • KALAIVANI, S.;SIVAKUMAR, K.;VIJAYARANGAM, J.
    • Journal of applied mathematics & informatics
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    • v.40 no.3_4
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    • pp.563-575
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    • 2022
  • Many organizations seek statistical modelling facilitated by data analytics technologies for determining the prediction models associated with M&A (Merger and Acquisition). By combining these data analytics tool alongside with data collection approaches aids organizations towards M&A decision making, followed by achieving profitable insights as well. It promotes for better visibility, overall improvements and effective negotiation strategies for post-M&A integration. This paper explores on the impact of pre and post integration of M&A in a standard organizational setting via devising a suitable statistical model via employing techniques such as Naïve Bayes, K-nearest neighbour (KNN), and Decision Tree & Support Vector Machine (SVM).

Efficiency Questions of the Left-turn Prohibit in Case of 4-Leg Intersections with 5-Phase Signal System (5현시 신호체계 4지교차로의 좌회전 금지에 따른 효율성 분석)

  • 변상철;박병호
    • Journal of Korean Society of Transportation
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    • v.14 no.4
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    • pp.91-106
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    • 1996
  • This paper deals with on the efficiency questions of the left-turn prohibit at an isolated intersection and a corridor with 5-phase signal system. Its objectives are three-fold ; (1) to analyze the efficiency of the left-turn prohibit with the use of an imaginary network, (2) to evaluate various factors under consideration in decision making on the left-turn prohibit, (3) to provide a framework for estimating and evaluating overall impacts of the left-turn prohibit in traffic network. the major findings using an imaginary network and computer packages such as MINUTP, TRANSYT-7F and STATGRAPH are followings. First, left-turn prohibit reduces cycle length by 33 seconds and delay time per vehicle by 36 seconds at an isolated intersection, and cycle length by 31 seconds and delay time per veicle by 43 seconds along a corridor. Second, total vehicle mile of travel and total travel time at an isolated intersection seem up to increase 38.85 miles(57.36km), 14.4 hour on the average, Regarding to a corridor, total vehicle mile of travel is increased by 50.14 miles(80.22km), but total travel time is decreased by129.9 hours. Third, the efficiency of left-turn prohibit are affected the following eight factors including left-turn volume(veh/hr) and ratio(%), average delay time per vehicle(sec/veh) and others. Finally, several simple and multiple regression models to evaluate the impacts on the left-turn prohibit are formulated from the above eight factors. It can be expected that these models will take an important role in decision-making of left-turn prohibit.

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Logical Modeling of Base System Model for Tank Engagement Simulation (전차 교전 시뮬레이션을 위한 기본체계모델의 논리 모델링 방법)

  • Lee, Sunju
    • Journal of the Korea Society for Simulation
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    • v.29 no.2
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    • pp.63-72
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    • 2020
  • Tank, which is a representative ground weapon system, is one of the most important weapon systems in each country. For the cost-effective acquisition of a tank based on scientific analysis, the operational concept and effectiveness should be studied based on engagement simulation technology. Besides physical capabilities including maneuver and communication, logical models including decision-making of a tank commander should be developed systematically. This paper describes a method to model a tank for engagement simulation based on Base System Model(BSM), which is the standard architecture of the weapon system model in AddSIM, an integrated engagement simulation software. In particular, a method is proposed to develop logical models by hierarchical and modular approach based on human decision-making model. The proposed method applies a mathematical formalism called DEVS(Discrete EVent system Specification) formalism. It is expected that the proposed method is widely used to study the operational concept and analyze the effectiveness of tanks in the Korean military in the future.

Fuzzy Rule-Based Method for Air Threat Evaluation (적기의 위협 평가 자동화를 위한 퍼지 규칙 방법론)

  • Choi, Byeong Ju;Kim, Ji Eun;Kim, Jin Soo;Kim, Chang Ouk
    • Journal of the Korea Institute of Military Science and Technology
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    • v.19 no.1
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    • pp.57-65
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    • 2016
  • Threat evaluation is a process to estimate the threat score which enemy aerial threat poses to defended assets. The objective of threat evaluation is concerned with making an engagement priority list for optimal weapon allocation. Traditionally, the threat evaluation of massive air threats has been carried out by air defence experts, but the human decision making is less effective in real aerial attack situations with massive enemy fighters. Therefore, automation to enhance the speed and efficiency of the human operation is required. The automatic threat evaluation by air defense experts who will perform multi-variable judgment needs formal models to accurately quantify their linguistic evaluation of threat level. In this paper we propose a threat evaluation model by using a fuzzy rule-based inference method. Fuzzy inference is an appropriate method for quantifying threat level and integrating various threat attribute information. The performance of the model has been tested with a simulation that reflected real air threat situation and it has been verified that the proposed model was better than two conventional threat evaluation models.