• Title/Summary/Keyword: Selection model

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A Multi-Phase Decision Making Model for Supplier Selection Under Supply Risks (공급 리스크를 고려한 공급자 선정의 다단계 의사결정 모형)

  • Yoo, Jun-Su;Park, Yang-Byung
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.40 no.4
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    • pp.112-119
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    • 2017
  • Selecting suppliers in the global supply chain is the very difficult and complicated decision making problem particularly due to the various types of supply risk in addition to the uncertain performance of the potential suppliers. This paper proposes a multi-phase decision making model for supplier selection under supply risks in global supply chains. In the first phase, the model suggests supplier selection solutions suitable to a given condition of decision making using a rule-based expert system. The expert system consists of a knowledge base of supplier selection solutions and an "if-then" rule-based inference engine. The knowledge base contains information about options and their consistency for seven characteristics of 20 supplier selection solutions chosen from articles published in SCIE journals since 2010. In the second phase, the model computes the potential suppliers' general performance indices using a technique for order preference by similarity to ideal solution (TOPSIS) based on their scores obtained by applying the suggested solutions. In the third phase, the model computes their risk indices using a TOPSIS based on their historical and predicted scores obtained by applying a risk evaluation algorithm. The evaluation algorithm deals with seven types of supply risk that significantly affect supplier's performance and eventually influence buyer's production plan. In the fourth phase, the model selects Pareto optimal suppliers based on their general performance and risk indices. An example demonstrates the implementation of the proposed model. The proposed model provides supply chain managers with a practical tool to effectively select best suppliers while considering supply risks as well as the general performance.

A decision making framework model for the selection of a RP using hybrid multiple attribute decision making techniques (3차원 조형장비 선정을 위한 복합 다요소 의사결정 구조 모델 개발에 관한 연구)

  • Byun, Hong-Seok
    • Journal of the Korean Society of Manufacturing Process Engineers
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    • v.7 no.3
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    • pp.87-95
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    • 2008
  • The purpose of this study is to provide a decision support to select an appropriate rapid prototyping(RP) machine that suits the application of a part. Selection factors include concept model, form/fit/functional model, pattern model for molding, material property, build time and part cost that greatly affect the performance of RP machines. However, the selection of a RP is not an easy decision because they are uncertain and vague. For this reason, the aim of this research is to propose hybrid multiple attribute decision making approaches to effectively evaluate RP machines. In addition, because subjective considerations are relevant to selection decision, a fuzzy logic approach is adopted. The proposed selection procedure consists of several steps. First, we identify RP machines that the users consider. After constructing the evaluation criteria, we calculate the weights of the criteria by applying the fuzzy Analytic Hierarchy Process(AHP) method. Finally, we construct the fuzzy Technique of Order Preference by Similarity to Ideal Solution(TOPSIS) method to achieve the ranking order of all machines providing the decision information for the selection of RP machines.

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Corporate Debt Choice: Application of Panel Sample Selection Model (기업의 부채조달원 선택에 관한 연구: 패널표본선택모형의 적용)

  • Lee, Ho Sun
    • The Journal of the Korea Contents Association
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    • v.15 no.7
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    • pp.428-435
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    • 2015
  • When I examined the corporate financing statistics in Korea, I have recognized that there are several trends of them. First, large enterprises use bank loan and direct financing like corporate bond as debt. Second, small and medium companies mainly use bank loan only. So I argue that there is sample selection bias in corporate debt choice and using sample selection methodology is more adequate when analysing the behavior in corporate debt choice. Therefore I have tested panel sample selection model, using the listed korean firm data from 1990 to 2013 and I have found that the panel sample selection model is appropriate.

A Model for Project Selection of Information System (정보시스템 프로잭트의 선택원리)

  • 지원철
    • Journal of the Korean Operations Research and Management Science Society
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    • v.10 no.1
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    • pp.79-83
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    • 1985
  • This purpose of this study is to suggest a tentative model for project selection of information system. In constructing a mathematical model, quantification of decision criteria is tried to lessen difficulties of measuring benefits of information system project. Suggested model enables us to select projects in the context of portfolio and information system policy.

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A Study of Project Selection Criteria and Models for Computerization of Governmental Administration (행정업무(行政業務)의 전산화(電算化)를 위한 선정기준(選定基準) 및 모형(模型))

  • Lee, Jin-Ju;Park, Yeong-Tak
    • Journal of Korean Institute of Industrial Engineers
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    • v.3 no.2
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    • pp.63-72
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    • 1977
  • The trend of computerization is significant in Korea even at its beginning stage, especially for governmental administration. However, full-fledged success of computerization in an organization is reported to be rare while the cost of computerization has been high and increasing. This paper is concerned with two features for the successful implementation of a computerized system in an organization selection criteria for the computerization among the possible candidate projects and project selection models. Due to the dearth of literature regarding successful implementation of computerization, other sources of literature with respect to R & D management, method engineering, etc. were reviewed to develop a set of factors influencing successful computerization. Thus, project selection criteria for computerization of governmental administration are developed and organized as follows: cost of computerization project including both system development and operating cost, quanitative and qualitative benefits of computerization project, probability of technical and implementation success of computerization and other organizational and political factors to be considered. These criteria are broken down into detailed sets of subcriteria to be measured. To select a project after thorough consideration of the selection criteria, a project selection model which takes into account all criteria together has to be developed. In the study three project selection models are suggested and developed. They are the checklist model, multi-stage cut-off model, and composite criteria model. A detailed procedure for each of the three models is illustrated. Although the project selection criteria and models are developed here primarily for the computerization of governmental administration, they are easily applicable to other settings of computerization. Finally, some caveats for the use of selection criteria and models are discussed.

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Factors Affecting Selection & Combination of Earthwork Equipments (토공장비 선정 및 조합을 위한 영향요인 연구)

  • Choi, Jae-Hwi;Lee, Dong-Hoon;Kim, Sun-Hyung;Kim, Sun-Kuk
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2010.05a
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    • pp.201-205
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    • 2010
  • Earthwork is an essential initial work discipline in construction projects and open to significant impacts of several factors such as weather, site conditions, soil conditions, underground installations and available construction machinery, calling for careful planning by managers. However, selection and combination of construction machinery and equipment for earthwork still depends on experience or intuition of managers in construction sites, with much room left for proper management in terms of cost, schedule and environmental load control. This research aims to analyze the performance of earthwork equipment and establish relations among various factors affecting a model for optimizing selection and combination of earthwork equipment as a precursor to the development of such model. We expect the conclusions herein to contribute to optimizing selection and combination of earthwork equipment and provide basic inputs for the development of applicable model that can save costs, reduce schedule and mitigate environmental load.

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A procedure for simultaneous variable selection, variable transformation and outlier identification in linear regression (선형회귀에서 변수선택, 변수변환과 이상치 탐지의 동시적 수행을 위한 절차)

  • Seo, Han Son;Yoon, Min
    • The Korean Journal of Applied Statistics
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    • v.33 no.1
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    • pp.1-10
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    • 2020
  • We propose a unified approach to variable selection, transformation and outliers in the linear model. The procedure includes a sequential method for outlier detection and a least trimmed squares estimator for variable transformation. It uses all possible subsets regressions for model selection. Some real data analyses and the simulation results are provided to show the efficiency of the methods in the context of the correct variable selection and the fitness of the estimated model.

Analysis of Client Propensity in Cyber Counseling Using Bayesian Variable Selection

  • Pi, Su-Young
    • International Journal of Fuzzy Logic and Intelligent Systems
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    • v.6 no.4
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    • pp.277-281
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    • 2006
  • Cyber counseling, one of the most compatible type of consultation for the information society, enables people to reveal their mental agonies and private problems anonymously, since it does not require face-to-face interview between a counsellor and a client. However, there are few cyber counseling centers which provide high quality and trustworthy service, although the number of cyber counseling center has highly increased. Therefore, this paper is intended to enable an appropriate consultation for each client by analyzing client propensity using Bayesian variable selection. Bayesian variable selection is superior to stepwise regression analysis method in finding out a regression model. Stepwise regression analysis method, which has been generally used to analyze individual propensity in linear regression model, is not efficient since it is hard to select a proper model for its own defects. In this paper, based on the case database of current cyber counseling centers in the web, we will analyze clients' propensities using Bayesian variable selection to enable individually target counseling and to activate cyber counseling programs.

Generalization of Road Network using Logistic Regression

  • Park, Woojin;Huh, Yong
    • Journal of the Korean Society of Surveying, Geodesy, Photogrammetry and Cartography
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    • v.37 no.2
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    • pp.91-97
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    • 2019
  • In automatic map generalization, the formalization of cartographic principles is important. This study proposes and evaluates the selection method for road network generalization that analyzes existing maps using reverse engineering and formalizes the selection rules for the road network. Existing maps with a 1:5,000 scale and a 1:25,000 scale are compared, and the criteria for selection of the road network data and the relative importance of each network object are determined and analyzed using $T{\ddot{o}}pfer^{\prime}s$ Radical Law as well as the logistic regression model. The selection model derived from the analysis result is applied to the test data, and road network data for the 1:25,000 scale map are generated from the digital topographic map on a 1:5,000 scale. The selected road network is compared with the existing road network data on the 1:25,000 scale for a qualitative and quantitative evaluation. The result indicates that more than 80% of road objects are matched to existing data.

Use of Artificial Bee Swarm Optimization (ABSO) for Feature Selection in System Diagnosis for Coronary Heart Disease

  • Wiharto;Yaumi A. Z. A. Fajri;Esti Suryani;Sigit Setyawan
    • Journal of information and communication convergence engineering
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    • v.21 no.2
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    • pp.130-138
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    • 2023
  • The selection of the correct examination variables for diagnosing heart disease provides many benefits, including faster diagnosis and lower cost of examination. The selection of inspection variables can be performed by referring to the data of previous examination results so that future investigations can be carried out by referring to these selected variables. This paper proposes a model for selecting examination variables using an Artificial Bee Swarm Optimization method by considering the variables of accuracy and cost of inspection. The proposed feature selection model was evaluated using the performance parameters of accuracy, area under curve (AUC), number of variables, and inspection cost. The test results show that the proposed model can produce 24 examination variables and provide 95.16% accuracy and 97.61% AUC. These results indicate a significant decrease in the number of inspection variables and inspection costs while maintaining performance in the excellent category.