• Title/Summary/Keyword: Decision-making Hierarchy

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A Study on Investment Decision Making Criterion based on Crowd Funding (크라우드펀딩의 투자의사결정기준에 관한 연구)

  • Lee, Eui-Bang;Lee, Jae-Beom;Yang, Chang-Gyu
    • Information Systems Review
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    • v.16 no.2
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    • pp.25-41
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    • 2014
  • While previous studies on Crowd funding mainly focused on the plan and policy of the introduction of Crowd funding, this study classified Investment Decision Making criterion and proposed the significance of each factor, leading to results that can help investors practically. According to the analysis, (1) physical resource in business is the most important criterion to be considered as the way for investor to objectively make decisions on business model, (2) although people pay attention to the managerial capabilities of business, the creativity of business model is not being paid much attention. The result of this study can objectively determine investment decision making on business model thought a quantitative standard of judgment. Moreover, an environment should be built for healthy decision making which is based on business model instead of only product, and it is necessary to have institutional framework to enable new companies to have healthy competition with existing companies through creative business model.

A Study on the Importance Analysis of Reliability, Security, Economic Efficiency Factors that Companies Should Determine When Adopting Cloud Computing Services (클라우드 컴퓨팅 서비스 채택 시 기업이 판단해야 하는 신뢰성, 보안성, 경제성 요인의 중요도 분석)

  • Kang, Da-Yeon
    • Journal of Digital Convergence
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    • v.19 no.9
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    • pp.75-81
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    • 2021
  • The purpose of this research is to derive and evaluate priorities for critical factors that must be determined before an enterprise adopts a cloud computing service. AHP analysis techniques were used to reflect decisions made by experts as research methods. AHP is a decision-making technique that expresses complex decision-making problems hierarchically and derives the best alternatives through pairwise comparison between the items of the hierarchy. Compared to the existing statistical decision making techniques, the decision making process is systematic and simple, making it easy to understand. In addition, the procedure is also reasonable by providing an indicator to determine the consistency of the decision maker in the analysis process. The analysis results of this research showed that security was the first priority, reliability was the second priority, and economic efficiency was the third priority. Among the factors in the first-priority security items, the access control rights and the safety factors of external threats are the most important factors. Research results can be used as a guideline in future practice, and it is necessary to evaluate, compare and analyze the satisfaction of companies that have adopted cloud computing services in the future.

Application of An Analytical Hierarchy Process to Set Priorities on Standardization Work Items of Next Generation Internet Protocol Television (차세대 IPTV 표준화 항목 우선순위 결정을 위한 계층분석방법 응용)

  • Woo, Hoon-Shik
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.33 no.3
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    • pp.192-198
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    • 2010
  • To maximize effectiveness of standardization activities, it is essential to set priorities for determined standardization work items in the next generation internet protocol television (NG-IPTV) technologies. In this study, the analytic hierarchy process(AHP) is employed and applied to ranking of NG-IPTV standardization work items as a multi-criteria decision making tool which involves comprehensive surveys. Survey results are analyzed and we identified a useful three level segmentation of standardization strategic plan which shows standardization work item priorities.

Evaluating the Importance of Certification Criteria for Call Center Services (콜센터 서비스인증 심사기준의 중요도 평가)

  • Lee, Mi-na;So, Soon-Hu
    • Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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    • 2016.10a
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    • pp.139-141
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    • 2016
  • With the introduction of national standards (KS) for call centers, customers are expected to have access to better-quality services in the future. The purpose of this study is to evaluate the relative importance of certification criteria for call center services using the Fuzzy AHP(Analytic Hierarchy Process) approach. Fuzzy AHP is the combination of the fuzzy set theory and AHP to deal with the uncertainty or ambiguousness of the decision-making process. The evaluation method proposed in this study can be applied to the KS services certification promoted by government.

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A preliminary study on the use of analytic hierarchy process for selecting a optimum trenchless excavation method (최적의 비개착공법 선정을 위한 계층분석법의 적용에 관한 기초연구)

  • Kang, Tae-Ho;Chang, Soo-Ho;Choi, Soon-Wook;Lee, Chulho;Cho, Jinwoo
    • Journal of Korean Tunnelling and Underground Space Association
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    • v.17 no.6
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    • pp.685-693
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    • 2015
  • There have been high demands for urban underground structures. However, they should be rapidly constructed while maintaining the functions of adjacent structures and road systems especially in urban areas. In this respect, trenchless excavation methods are considered to very effective in minimizing ground displacements during excavation works. A variety of field conditions such as economic, technical and environmental aspects should be taken into consideration when an optimum trechless excavation method is to be chosen in a given condition. Therefore, this study aims to carry out a fundamental study to select an optimum trenchless excavation method by the decision making technique. Especially, AHP (Analytic Hierarchy Process) which is a kind of a multiple attribute decision making process is adopted to consider the opinions of experts and to derive reliable decision criteria. As a result, the weights of key factors and the most effective trenchless methods for different ground conditions were proposed in this study.

Developing a Decision Making Model for Selecting an IT Post-Merger Integration Strategy

  • Suh, Byung-Wan;Baek, Seung-Ik
    • Journal of Information Technology Applications and Management
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    • v.19 no.3
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    • pp.49-68
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    • 2012
  • M&A (Merger and Acquisitions) is a standard corporate strategy frequently used by companies seeking to secure new growth engines and gain a solid foothold in their markets in order to become more globally competitive. To achieve the original goals of M&A, the two involved parties need to invest significant time and resources in integrating all aspects of the companies. A well-planned post-merger integration of information technology (IT PMI) by the two M&A parties is considered a crucial and difficult process because IT provides a fundamental infrastructure for integration. Considering various internal and external factors, the two parties normally formulate an IT PMI strategy. The many IT PMI strategies can be categorized into four major types: Renewal, Takeover, Standardization, and Synchronization. This study aims to develop a decision making model to help merger company and IT managers select the proper IT PMI strategy. More specifically, we identify key determinants that need to be considered when selecting a proper IT PMI strategy. The relative importance of each determinant is defined by analytic hierarchy process (AHP) analysis. Finally, this study evaluates each IT integration strategy under the identified determinants.

A Study on the Selection of Construction Method by Decision Making Method (의사결정기법을 통한 건축공법선정에 관한 연구)

  • Yang, Keek-Young;Yoon, Yer-Wan
    • Journal of the Korea Institute of Building Construction
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    • v.2 no.1
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    • pp.147-154
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    • 2002
  • In the Past, The selection of individual method of construction was done by head of construction site or an experienced person very frequently. By doing this, The wrong selection of construction method without exact adjudication of construction site situation lead to increasing of cost and extension of construction term. Finally it will effect all over the construction process. Especially, In case of underground construction in the beginning, there are a lot of a variable factor and it also effect on the entire construction process and it need very careful process. The purpose of this study is to present the best suitable methodology for selection of construction method by considering potential risk of construction method and variables together with external condition for underground construction. The purpose of this study Is to select the most suitable construction method by analysing potential conditions(construction site situation and client request in designing ) To do this, We prepared arrangement rule to arrange the conditions for construction method. And thin make checklist of the analyzing construction method. Though above process, To expect the risk of individual construction method using above risk checklist and using Analytic Hierarchy process among Multiple-Criteria Decision making, the professional opinions is to be adapted. By doing this, it can lead and select the most suitable construction method considering the data which get from risk density test.

Prioritization for Water Storage Increase of Agricultural Reservoir using FAHP Method (FAHP 기법에 의한 농업용저수지의 추가저수량 확보사업 우선순위 결정)

  • Choi, Eun Hyuk;Bae, Sang Soo;Jee, Hong Kee
    • Journal of Korea Water Resources Association
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    • v.46 no.2
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    • pp.171-182
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    • 2013
  • This paper presents the application of fuzzy set theory in multi criteria decision making (MCDM). FAHP (Fuzzy Analytic Hierarchy Process) method was used to rank alternatives to find the most reasonable and efficient way of agricultural reservoir water resources assessment. 6 criteria and 10 subcriteria had been identified and compared to secure agricultural water resources. Fuzzy numbers and linguistic variables were presented to address inherently uncertain or imprecise data. Comparison analysis of decision making method was also carried out to find a way of suitable decision making and validity of FAHP was discussed.

The design of Decision Support System for mid-and long-range investment planning (중장기 투자계획을 위한 의사결정지원 시스템의 설계)

  • 서의호;김원태;서창교;이석우
    • Korean Management Science Review
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    • v.9 no.1
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    • pp.53-65
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    • 1992
  • Decision Support System(DSS) is an advanced information system concept prevailing since 1980s. It supports managers' decision making activities by providing not only information but decision alternatives. It essentially consists of the components of database, modelbase and dialogue systems. With the development of its databases, POSCO needs a number of modelbases in establishing DSSs in various areas such as production planning and investment. This research particularly focuses on establishment of a mid-and long-range investment DSS and investigates the necessity and the problems of an investment DSS and the decision criteria for investment priority. We (1) propose a modelbase which uses the concepts of Analytic Hierarchy Process(AHP) and Zero-Base Budgeting(ZBB), along with an appropriate scoring method, database and dialogue system to support the investment manager in evaluating investment proposals ; (2) implement the system using relational database management system ; and (3) discuss the results of implementing the investment DSS.

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Determining Relative Weights of Criteria for Evaluating National Quarantine Station by the Analytic Hierarchy Process (AHP방법을 적용한 국립검역소 평가 준거의 가중치 결정)

  • Jeong, Mun-Yong;Lee, Moo-Sik;Kim, Dae-Kyung;Yoo, In-Sook
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.11 no.1
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    • pp.335-340
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    • 2010
  • In accordance with the increasing possibility that the new and reoccurring epidemics continuously appearing abroad flow into Korea, it is very important to evaluate the efficiency of quarantine management projects of National Quarantine Station. This study adopted the pairwise comparison approach using the analytical hierarchy process(AHP) that has been recognized with its scientific adequacy for allocating the weight, the relative importance of evaluation components. AHP technique is evaluated to be distinguished in measuring the impact by making hierarchy of, simplifying and systemizing the complicated multi-criteria decision making problems. The weights by evaluation indexes were 0.2 in the organization evaluation field and 0.8 in the service and program field. The quarantine business showed the highest value, 0.45, in the service and program field. The indexes were classified into the upper category (organization evaluation field, service and program evaluation field) and lower category (input/process/result/quarantine field, inspection field, hygiene management field, pathogenic organ investigation and monitoring field, epidemics prevention promotion/education field). The evaluation indexes that were finally selected were applied to the actual businesses in National Quarantine Station. Next, the minimum evaluation indexes were selected and so the evaluation system on the businesses in National Quarantine Station was more systemized.