• Title/Summary/Keyword: Decision-makers

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Estimation of Income Distribution for Domestic Grape-producing Farms Based on the Subjective Simulation Process (주관적 모의실험을 기반으로 한 국내 포도농가의 소득 분포 추정)

  • Koo, Seung-Mo
    • Korean Journal of Agricultural Science
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    • v.37 no.2
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    • pp.315-321
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    • 2010
  • Decision-makings or the related policies regarding domestic grape production heavily depends upon the known market price data and official statistics periodically announced by government, at national level. However, usual adaption of the 'simple means' from these data may bring seriously biased decision-makings when the original data are biased, especially when the data are not convinced to be normal distributions to decision makers. In this regards, this study employs Monte Carlo simulation technique to overcome the limitations, based on the decision makers' subjective assumptions on the known data, and, tries to come up with flexible range of business information regarding grape-producing farm income. The approach used in this study also provides possibility that it may be useful when adapting subjective assumptions from various statistical distributions.

An Interactive Methodology for the Web-based GDSS

  • Kim, Jae-Kyeong;Cho, Yoon-Ho
    • Proceedings of the Korea Inteligent Information System Society Conference
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    • 2000.11a
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    • pp.375-383
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    • 2000
  • This research suggests an interactive methodology fur multiple objective linear programming problems to help the group select a compromising solution in the World Wide Web environment. Our methodology lessens the burden of group decision makers, which is one of necessary conditions of the web environment. Only the partial weak order of variables and objectives from the group decision makers are enough for searching the best compromising solution. For such a purpose, we expand the Dror and Gass algorithm to the group decision context. And we suggest the system architecture of a web-based GDSS fur the implementation of our methodology.

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Ontology Design for Solver Reuse in Web Services Based Model Management Systems

  • Lee, Keun-Woo;Huh, Soon-Young
    • Proceedings of the KAIS Fall Conference
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    • 2003.11a
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    • pp.65-69
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    • 2003
  • As complex mathematical models are increasingly adopted for business decision-making, difficulties arise in reusing solvers (i.e., model solving algorithms) against diverse models and data sets and thus the collaboration among users (model/solver builders and decision makers) in multiple departments becomes very difficult. To facilitate the solver reuse, this paper adopts the Web services technologies as the base technologies for linking the solvers to the models, both of which are created on different modeling paradigms and different system platforms, in unified system architecture. Specifically, this paper focuses on designing an ontology that represents the interfacing semantics of the model-solver interactions in a general and standardized form. By referring to the ontology, a model management system (MMS) can autonomously suggest a set of compatible solvers and apply them to individual models even though the decision makers are not knowledgeable enough about all the details of the models and the solvers. Thus, this Web services based MMS would improve the reusability of the solvers by relieving the decision makers from the risk of erroneous application of a solver to syntactically and semantically incompatible models and the burden of considerable understanding of model and solver semantics.

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A Study on the Effects of the Institutional Pressure on the Process of Implementation and Appropriation of System: M-EMRS in Hospital Organization (시스템의 도입과 전유 과정에 영향을 미치는 제도적 압력에 관한 연구: 병원조직의 모바일 전자의무기록 시스템을 대상으로)

  • Lee, Zoon-Ky;Shin, Ho-Kyoung;Choi, Hee-Jae
    • Asia pacific journal of information systems
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    • v.19 no.2
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    • pp.95-116
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    • 2009
  • Increasingly the institutional theory has been an important theoretical view of decision making process and IT adoption in many academic researches. This study used the institutional theory as a lens through which we can understand the factors that enable the effective appropriation of advanced information technology. It posits that mimetic, coercive, and normative pressures existing in an institutionalized environment could influence the participation of top managers or decision makers and the involvement of users toward an effective use of IT in their tasks. Since the introduction of IT, organizational members have been using IT in their daily tasks, creating and recreating rules and resources according to their own methods and needs. That is to say, the adaptation process of the IT and outcomes are different among organizations. The previous studies on a diverse use of IT refer to the appropriation of technology from the social technology view. Users appropriate IT through not only technology itself, but also in terms of how they use it or how they make the social practice in their use of it. In this study, the concepts of institutional pressure, appropriation, participation of decision makers, and involvement of users toward the appropriation are explored in the context of the appropriation of the mobile electronic medical record system (M-EMRS) in particularly a hospital setting. Based on the conceptual definition of institutional pressure, participation and involvement, operational measures are reconstructed. Furthermore, the concept of appropriation is measured in the aspect of three sub-constructs-consensus on appropriation, faithful appropriation, and attitude of use. Grounded in the relevant theories to appropriation of IT, we developed a research framework in which the effects of institutional pressure, participation and involvement on the appropriation of IT are analyzed. Within this theoretical framework, we formulated several hypotheses. We developed a second order institutional pressure and appropriation construct. After establishing its validity and reliability, we tested the hypotheses with empirical data from 101 users in 3 hospitals which had adopted and used the M-EMRS. We examined the mediating effect of the participation of decision makers and the involvement of users on the appropriation and empirically validated their relationships. The results show that the mimetic, coercive, and normative institutional pressure has an effect on the participation of decision makers and the involvement of users in the appropriation of IT while the participation of decision makers and the involvement of users have an effect on the appropriation of IT. The results also suggest that the institutional pressure and the participation of decision makers influence the involvement of users toward an appropriation of IT. Our results emphasize the mediating effect of the institutional pressure on the appropriation of IT. Namely, the higher degree of the participation of decision makers and the involvement of users, the more effective appropriation users will represent. These results provide strong support for institutional-based variables as predictors of appropriation. These findings also indicate that organizations should focus on the role of participation of decision makers and the involvement of users for the purpose of effective appropriation, and these are the practical implications of our study. The theoretical contribution of this study is lies in the integrated model of the effect of institutional pressure on the appropriation of IT. The results are consistent with the institutional theory and support previous studies on adaptive structuration theory.

Real Option Decision Tree Models for R&D Project Investment (R&D 프로젝트 투자 의사결정을 위한 실물옵션 의사결정나무 모델)

  • Choi, Gyung-Hyun;Cho, Dae-Myeong;Joung, Young-Ki
    • IE interfaces
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    • v.24 no.4
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    • pp.408-419
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    • 2011
  • R&D is a foundation for new business chance and productivity improvement leading to enormous expense and a long-term multi-step process. During the R&D process, decision-makers are confused due to the various future uncertainties that influence economic and technical success of the R&D projects. For these reasons, several decision-making models for R&D project investment have been suggested; they are based on traditional methods such as Discounted Cash Flow (DCF), Decision Tree Analysis (DTA) and Real Option Analysis (ROA) or some fusion forms of the traditional methods. However, almost of the models have constraints in practical use owing to limits on application, procedural complexity and incomplete reflection of the uncertainties. In this study, to make the constraints minimized, we propose a new model named Real Option Decision Tree Model which is a conceptual combination form of ROA and DTA. With this model, it is possible for the decision-makers to simulate the project value applying the uncertainties onto the decision making nodes.

Information Quality and the Relative performance Comparison between Individual and Group Decision-making (합의에 의한 잡음(noise)제거와 의사결정유형별 성과비교)

  • 김동헌;유성용
    • The Journal of Information Technology
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    • v.3 no.1
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    • pp.45-59
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    • 2000
  • This study evaluates empirically differences of performance in the two types of the decision-making. There exist implied noises in the information but consensus mitigates or clears noises from available information in the decision-making process. Decision-making peformance depends on information quality. Therefore the higher quality information are used, the more peformance decision-makers have. The results of this study shows that group decision-making is better than individual in decision making performance. It indicates that consensus mitigates or clears noises in the information. As variant individuals, however, have different performance, individual decision-makers also have different ability in analyzing information.

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A Case-Based DSS for Data Modelling in Information Strategy Planning (정보전략계획 단계에서 데이터 모델링을 지원하는 사례기반 의사결정지원시스템)

  • 박동진;황인극
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.20 no.44
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    • pp.485-496
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    • 1997
  • To develop an Enterprise Data Model in Information Strategy Planning, it is essential that we first decide on the critical entities that need to be consistently managed in the enterprise. Identifying entities is a very crucial decision that has much influence on the subsequent phases in Information Engineering. Nevertheless, it is very subjective and usually depends on a decision makers experience and his/her own knowledge. In this paper, we propose a decision support system called CB*IMSS, which employs Case-Based Reasoning as the problem solution technique. By retrieving, analyzing and adapting some similar previous cases with a decision makers enterprise situations, this system can help them identify and decide the critical entities required for successful performance of the ISP.

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Selecting on the Preferred Alternatives of MADM with the­smaller­the­better or the­larger­the­better Characteristics using SN Ratios (SN비를 이용한 다수의 망소/망대특성을 가지는 MADM 문제의 선호대안 선정)

  • 이강인
    • Journal of Korean Society for Quality Management
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    • v.31 no.4
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    • pp.150-163
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    • 2003
  • The purpose of this paper is to propose an interactive method using the concept of Signal­to­Noise (SN) ratios and cutting ranges for selecting the most preferred alternatives of Multiple­attribute Decision­Making(MADM) with the­smaller­the­better or the­larger­the­better characteristics. In this method the decision makers could make a grouping of attributes by their priorities. This research is based on the assumption of an equality between the attributes of MADM with the characteristics of Taguchi method. As a result, this interactive method could transform the characteristic value of Taguchi method into the size of SN ratios which are relatively easy to understand by decision makers.

The Spatial Fuzzy Approach to Multi-Criteria Decision Analysis for Flood Management (홍수터 관리 최적대안 결정을 위한 공간퍼지접근)

  • Lim, Kwang-Suop;Choi, Si-Jung
    • Proceedings of the Korea Water Resources Association Conference
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    • 2009.05a
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    • pp.1647-1651
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    • 2009
  • The uncertainty or imprecision associated with vague parameters and weighting sets, reduces the ability to decide what alternative is better for a particular location. To efficiently reduce the effect of imprecision frequently arising in available information, fuzzy theory has been used to improve consideration of imprecision in a Multi-Criteria Decision Analysis (MCDA) problem. Fuzzy logic offers a way to represent and handle imprecision present in continuous real world applications. A GIS implementing fuzzy set theory, (referred to in this paper as the "Spatial Fuzzy Approach") enables decision makers to express imprecise concepts associated with geographic data and provides decision makers the ability to have even more definition and discrimination in terms of the best alternatives for a particular spatial location. This study is focused on addressing questions pertaining to the methodology of floodplain analysis using GIS and Spatial Fuzzy MCDA to evaluate flood damage reduction alternatives. The issues will be examined in a case study of the Suyoung River Basin in Pusan, Korea.

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A Study on Decision Support System for the Efficient Quay Management (효율적 선석운영을 위한 의사결정지원시스템에 관한 연구)

  • Kim, Dong-Hee;Huh, Dong-Eun;Kim, Bong-Sun;Lee, Chang-Ho
    • IE interfaces
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    • v.11 no.1
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    • pp.97-103
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    • 1998
  • In these days many people have studied on the berthing problem. The operation rules differ from port so port and the problem is highly dependent on the environment of port. The purpose of this study is to develop a decision support system decision makers of the berthing problem for Inchon Port. The system is developed with graphic user interface(GUI) using user-interactive approach and some general and specific rules for Inchon Prot are considered. The system is composed of the following four parts ; the input/output part, the automatic berthing part by the system using rules, the manual berthing part by user, and the part for modifying results or handling exceptional events. The system is designed to assign ship to berths by matching the characteristics with environmental and operational constraints of Inchon Port. We expect that this system can provide decision makers with an efficient and fast way to berthing and can reduce wastes of time, space, and manpower in port operations.

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