• Korean System Dynamics Review
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• v.3 no.2
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• pp.69-91
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• 2002

This paper presents an analysis of the impact of the causal looping method to the Korean middle managers' decision-making processes. The sample included the observations of decisions made by 70 groups with 5 to 7 members each. The results showed that the causal looping method was a strong device to help Korean managers followed value-focused decision processes, as opposite to alternative-focuses ones. The lessons from this study suggest a direction for the development of the education method to improve group decision-making processes.

• IE interfaces
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• v.6 no.2
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• pp.151-169
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• 1993

In this research, we proposed "coefficient of inequality" as a measure of distributional inequality for an alternative, which is defined as the area between the diagonal line from 0 to 1 and the Lorenz curve of the given alternative. Next, we showed theoretical relationship between stochastic dominance and the coefficient of inequality as a means to determine the preferred alternative when decision is made with incomplete information about decision maker's utility function. Then, two experiments were performed to test subject‘s attitude toward risk. The results of the experiments support the idea that when a decision maker is risk averse or risk prone, he/she can use the coefficient of inequality as a decision rule to choose the preferred alternative instead of using stochastic dominance. Thus, according to decision maker’s attitude toward risk, the decision rule proposed here can be used as a valuable aid in decision making under uncertainty with incomplete information.

• Journal of Korean Port Research
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• v.9 no.2
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• pp.9-24
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• 1995

The intensification of the competition among container terminals has led to important affect such as, decision making or aggressive intervention of customers for terminal operation. Therefore, in case of developed ports, the large transition of port operation is composed of the press of terminal customer than decision making of terminal manager. Overall port tariffs for using terminal is made out by the conference of terminal customers than the supreme headquarters of terminal operation, and the related investment of terminal has been made according to requisition or proposal of customers. Therefore, among decision making problems that shippers, shipping companies, and freight forwarder among decision making problems that shippers, shipping companies, and freight forwarder face, the choice of the container terminal is one of the most important problems. So, the decision making of the users seems to have a significant impact on the competitive power of container terminals. The main objective of this study is to design port marketing strategy for strengthening the competitive power of container terminals. The results of this study were found as follows: Firstly, port authority should establish user-oriented operation policy of terminal as the means of activating the opinion window, using terminal monitoring system(TMS). Secondly, terminal planning and development of government should be made to minimize the lead time, to induce the civil capital and to utilize the economies of scale. Thirdly, port authority needs to endeavor to analyze the information of competing foreign terminals as well to promote the concentrated marketing for the terminal on the users, to train the expert and to develop the new port charge system. Fourthly, to improve the competitive power of the container terminal, Port Authority should optimize the subsystems related to port marketing, far more these systems should be joined organically to work effectively. Finally, port authority system should be introduced, Namely, port should have the enterprise inclination as well s the public inclination.

• The Journal of the Korea Contents Association
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• v.21 no.9
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• pp.458-470
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• 2021

In Korea, there are many cases where policy decisions are not made even though it is a big social issue. Usually, the reasons for such delay in policy making are cases where it is delayed to go through an appropriate policy procedure, and there are cases where the consent of stakeholders is not obtained. But, this study intends to suggest that a few policy delay in Korea can be explained by intentional non-decision-making by the government. Non-decision making is being made as a strategic and active strategy of the government. In this study, the case of Lotte Shopping Mall in Sangam was analyzed from the point of view of non-decision making. As a result of analysis based on factors such as the existence of elite, purpose, policy tool, policy process, and result, it can be assumed that the policy delay of the Lotte Shopping Mall was caused by the government's active strategic decision. The government's strategic non-decision-making, which is distinct from passive administration, needs to be reviewed in various ways in the future.

• Journal of the Korean Operations Research and Management Science Society
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• v.24 no.4
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• pp.13-26
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• 1999

When we try to design a production planning system for a manufacturing company, it is a time consuming task to analyze various planning activities and identify inter-relationship among a lot of decisions made for the production planning. Most of the research efforts have been concentrated to well-organized independent decision-making problems that may usually be identified only after analyzing the characteristics of the decision-making process as a whole. In this paper, a methodology is suggested to characterize the whole process of the production planning for a manufacturing company and reduce the complexity of decision-making problems. The methodology is based on an experience of developing a production planning software for an automobile component manufacturer in korea. First, it is explained how to identify and represent the dependency among various decision-making variables. And a methodology is proposed to analyze the identified dependency among decision variables and identify decision-making process. Lastly, a practical example is provided to illustrate the analysis procedure in this paper.

• Asia-Pacific Journal of Business
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• v.4 no.2
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• pp.11-20
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• 2013

This study extends the extant scope of understanding investment decision, beyond the dominant 'technical' emphasis on the application of discounted cash flow techniques. The research methodology draws the positivist and interpretive research paradigms. It uses a deductive approach, survey strategy and principal component analysis for the analysis. Three key sets of factors emerged as important in the investment decision process in the hydropower sector. They are: group consensus (framing), influences on own judgment (heuristics), and application of knowledge & experience (intuition). The use of purposive and convenient sampling might have some unintended impact on the findings. Consequently, any generalizations of the findings to a wider population of organizations and managers need to be made with care. It is hoped that this paper will encourage other researchers to go beyond the analytic techniques of investment appraisal that have dominated investment decision research and seek to balance the emphasis by focusing on human involvement and behavioral aspects of investment decision.

• Asia pacific journal of information systems
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• v.11 no.2
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• pp.181-203
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• 2001

As the Internet is used extensively, multimedia information becomes more prevailing and accessible. However, legacy decision support systems rarely mention how to put such multimedia contents into practical use for decision making and support. In particular, no proposals have yet been made on how to integrate the decision technologies and multimedia databases in model management systems. Hence, the aim of this paper is to propose a new model management method to integrating decision technologies and an image database management system to create a multimedia decision support. For this purpose, extended ARG and structured modeling techniques are adopted, to represent image contents and mathematical models respectively. A web-based prototype system is presented to illustrate the feasibility and usability of the methodology.

• Proceedings of the Korean Operations and Management Science Society Conference
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• 2004.10a
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• pp.143-146
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• 2004

In a situation that rank order information on attribute weights is captured, two solution approaches are presented. An exact solution approach via interaction with a decision-maker pursues progressive reduction of a set of non-dominated alternatives by narrowing down the feasible attribute weights set. In approximate solution approach, on the other hand, three categories of approximate methods such as surrogate weights method, the dominance value-based decision rules, and three classical decision rules are presented and their efficacies in terms of choice accuracy are evaluated via simulation analysis. The simulation results indicate that a method, which combines an exact solution approach through interactions with the decision-maker and the dominance value-based approach is recommendable in a case that a decision is not made at a single step under imprecisely assessed weights information.

• Proceedings of the IEEK Conference
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• 2002.06e
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• pp.265-268
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• 2002

For accurate interpretation, ECG signal is measured by using 12 leads method. We look shape of Measured ECG signal and decide whether interpretation is accurate or not. In this paper, we propose new effective fuzzy decision system which uses fuzzy rules and membership functions for more accurate of ECG wave. We used PR interval, QRS interval and QRS axis as conditional variables for designing fuzzy rules. And decision rule of conclusion variable is determined by (sinus rhythm), (sinus rhythm+left deviation), (sinus rhythm+right deviation) and (sinus rhythm+negative axis). Experimental results showed our system made numerically easy decision possible and had advantage of simple design method.

• Journal of the Korea Safety Management & Science
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• v.9 no.2
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• pp.195-214
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• 2007

The purpose of this study is to explore the applicability of AHP(Analytic Hierarchy Process) to select more productive projects among various proposed projects in a particular company. To achieve this research objective, the characteristics of project evaluation and selection are first reviewed with respect to when, where, and how the decision is made. Then the theoretical basis of the AHP is briefly reviewed along with its mathematical underpinnings to construct the framework of project evaluation and selection. To be more specific, the evaluation and selection criteria were reorganized in the AHP-based framework to make the process of project evaluation and selection more productive. Project evaluation and selection is one of the most important activities for the most companies to be more advantageous in the market. Despite the importance of decision making process of project selection, not many of how to choose the best project were suggested as the reliable project selection methods in the industries. It may be because it involves various activities related to conflict resolution among different evaluation criteria, high uncertainties of market, and the unclear tradeoff among various project objectives. Furthermore, the decision, once made at this point, tends to be irrevocable until the whole process turns out to be a complete success or failure. As the result, the AHP method showed better financial performance rather than the traditional method in a case study.