• 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.

• Proceedings of the Korean Operations and Management Science Society Conference
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• 1996.10a
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• pp.214-217
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• 1996

Early decision support systems (DSS) were the "passive" decision support systems in the sense that the systems only able to do what the users explicitly direct them to do. But some researchers such as Raghav Rao et al. [51 showed architectures to suggest general idea of the innovative DSS systems which offer active form of decision support, say, "active Intelligent Decision Support Systems(active IDSS)". The system can perform not only what the users want to do but some voluntary (or involuntary) intelligent works. This paper presents the issues in the design of the active IDSS in the domain of investment evaluation, a domain area where few researchers have suggested frameworks or architectures to discriminate good investment from bad one. We propose a new paradigm, by utilizing historical investment results using neural network and Multivariate Discriminant Analysis(MDA), to identify goodness of investment. A new active IDSS architecture which consists of neural network, expert system and three components of the traditional passive DSS is suggested with some scenario based results.nario based results.

• Proceedings of the KSRS Conference
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• 2003.11a
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• pp.310-312
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• 2003

This paper discusses a GIS based decision support system that provides functions of prospect screening and evaluation in both technical aspects (Volume, structure, trap, reservoir and charge, etc.) and economic aspects (Net present value, Profit / investment Ratio, etc.). The decision support system has been tested in a virtual offshore exploration prospect to facilitate and improve the decision making process. The study represents a test bed for decision makers at all levels to establish prospect screening and evaluation guidelines that may be applicable to other related prospect investment issues.

• Journal of the Korea Safety Management & Science
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• v.7 no.4
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• pp.165-177
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• 2005

Supply Chain Management(SCM) system is a critical investment that can affect future competitiveness and performance of a company. Selection of a right SCM system is one of the critical issues. This paper provides the characteristic factors of SCM system selection and the SCM system evaluation and selection model based on Analytic Hierarchy Process(AHP). The proposed model can systematically construct the objectives of SCM system selection to support the business goals. A empirical example demonstrates the feasibility of the proposed model and the model can help a company to make better decision-making in selecting SCM system.

• IE interfaces
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• v.14 no.3
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• pp.310-317
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• 2001

The purpose of this study is to investigate and to develop a decision support system for supporting the outworn facility replacement analysis in shipbuilding. This paper also provides an information system which can be effectively applied to various criteria in decision making. The modelbase of decision support system uses the concepts of the analytic hierarchy process along with an appropriate scoring methods. The AHP represents an improvement over other well-known scoring approaches since the criteria weights of priorities established by the AHP are not based on arbitrary scales, but use a ratio scale for human judgements. The proposed methodology in this research enables the decision maker to evaluate the investment alternatives based on qualitative data and quantitative data in a systematic way.

• Journal of The Korean Association of Information Education
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• v.9 no.2
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• pp.167-176
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• 2005

It has been an important agenda to acquire effective decision making procedure for various issues occurred in education area. As an example, when it comes for the ministry of education to make a decision on such an issue that proper investment, to enhance information of education area, in national wide elementary schools, an effective decision making procedure will aid to establish right way of investment. Currently, the questionnaires gathered from school teachers or the related professional consultants are the only resources in order for making such a critical and important decision. Recently, however, educational, medical, and financial industries are looking forward the best decision making method integrated with rapidly upgraded modern IT technologies using the various resources and tools which they already possess. With this subject in mind, in this paper we present a generic decision making model applying ADALINE neural network. The model can be easily adapted to various problems arising in education area. We proved the model through simulations with realistic sample data.

• Journal of the Korean Geographical Society
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• v.36 no.3
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• pp.278-291
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• 2001

This paper is to build a spatial decision support system designed to solve problems relevant to the decision-making for retail center locations. For construction of the system this paper discusses the primary procedures of spatial modeling and issues of data, which are required for integrating spatial interaction models to GIS having capability of managing, analyzing and visualizing spatial data sets. Lexington, Kentucky, is selected as a case study to implement the spatial decision support system based on the spatial modeling module. This system for retail center locations is useful of estimating the catchment areas more accurately and analyzing resultant flow patterns. And this system can make spatial analysis efficiently for what-if scenarios such as an intended retail center or changing demand. The benefits of adopting this system allow the decision makers to plan the investment strategies and search for stable market structure.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.35 no.4
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• pp.73-82
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• 2012

Currently, R&D investment of government is increased dramatically. However, the budget of the government is different depending on the size of ministry and priorities, and then it is difficult to obtain consensus on the budget. They did not establish decision support systems to evaluate and execute R&D budget. In this paper, we analyze factors affecting research funds by linear regression and decision tree analysis in order to increase investment efficiency in national research project. Moreover, we suggested strategies that budget is estimated reasonably.

• Journal of Information Technology Applications and Management
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• v.17 no.3
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• pp.163-189
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• 2010

The purpose of this research is to develop a decision-making model for the calculation of the National Disaster Management System's standard prevention workforce quota. The final purpose of such model is to support in arranging a rationally sized prevention workforce for local authorities by providing information about its calculation in order to support an effective and efficient disaster management administration. In other words, it is to establish and develop a model that calculates the standard disaster prevention workforce quota for basic local governments in order to arrange realistically required prevention workforce. In calculating Korea's prevention workforce, it was found that the prevention investment expenses, number of prevention facilities, frequency of flood damage, number of disaster victims, prevention density, and national disaster recovery costs have positive influence on the dependent variable when the standard prevention workforce was set as the dependent variable. The model based on the regression analysis-which consists of dependent and independent variables-was classified into inland mountainous region, East coast region, Southwest coastal plain region to reflect regional characteristics for the calculation of the prevention workforce. We anticipate that the decision-making model for the standard prevention workforce quota will aid in arranging an objective and essential prevention workforce for Korea's basic local authorities.

• 한국공간정보시스템학회:학술대회논문집
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• 2000.06a
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• pp.93-105
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• 2000

GIS is a powerful toolbox in managing spatial data associated with attribute data. However GIS is short of spatial analysis function and graphic user interface(GUI) function in dealing with dynamic planning problems. Decision Support Systems(DSS) make up for the shortage of GIS by providing GUI function, modeling function and database function. Spatial Decision Support Systems(SDSS), a new kind of DSS, incorporate display function, basic spatial analysis function and manipulation function of spatial data and attribute data of GIS and GUI function, modeling function and database function of DSS in dealing with spatial planning problems. Planning Support Systems(PSS) add more advanced spatial analysis function and intertemporal function to the functions of SDSS. This study focuses on the modeling of a PSS for capacity expansion of water-distribution network depending upon land use planning by using GIS, value engineering(VE) and life cycle costing(LCC). The PSS shows a guideline about the investment of water-distribution networks related to urban growth management through generating certain numbers of dynamic alternatives to supply the amount of water caused by land use planning.