• Title/Summary/Keyword: Uncertainty Management Theory

Search Result 122, Processing Time 0.028 seconds

The Effects of Requirement Uncertainty, Control Standardization, Interactions on Software Quality (요구사항 불확실성, 통제 표준화, 상호작용이 소프트웨어 품질에 미치는 영향)

  • Kim, Ki-Yoon;Na, Kwan-Sik;Yang, Dong-Gu
    • Asia pacific journal of information systems
    • /
    • v.12 no.4
    • /
    • pp.101-120
    • /
    • 2002
  • Risk management or risk-based approach of software project management was developed to explain the effects of requirement uncertainty, control standardization, interactions on software quality. Based on a prior theory, five hypotheses were derived and empirically tested using a survey design. Data from 117 members in 3 SI companies support for the path model, and three of five hypotheses. The results showed that decreases in requirement uncertainty and increases in control standardization were directly associated with increases in the interactions between user and project teams, which, in turn, led to increases software quality. The findings suggested that the direct effect on software quality is primarily due to the interactions between user and project teams, rather than requirement uncertainty and control standardization.

Robust Design Method for Complex Stochastic Inventory Model

  • Hwang, In-Keuk;Park, Dong-Jin
    • Proceedings of the Korean Operations and Management Science Society Conference
    • /
    • 1999.04a
    • /
    • pp.426-426
    • /
    • 1999
  • ;There are many sources of uncertainty in a typical production and inventory system. There is uncertainty as to how many items customers will demand during the next day, week, month, or year. There is uncertainty about delivery times of the product. Uncertainty exacts a toll from management in a variety of ways. A spurt in a demand or a delay in production may lead to stockouts, with the potential for lost revenue and customer dissatisfaction. Firms typically hold inventory to provide protection against uncertainty. A cushion of inventory on hand allows management to face unexpected demands or delays in delivery with a reduced chance of incurring a stockout. The proposed strategies are used for the design of a probabilistic inventory system. In the traditional approach to the design of an inventory system, the goal is to find the best setting of various inventory control policy parameters such as the re-order level, review period, order quantity, etc. which would minimize the total inventory cost. The goals of the analysis need to be defined, so that robustness becomes an important design criterion. Moreover, one has to conceptualize and identify appropriate noise variables. There are two main goals for the inventory policy design. One is to minimize the average inventory cost and the stockouts. The other is to the variability for the average inventory cost and the stockouts The total average inventory cost is the sum of three components: the ordering cost, the holding cost, and the shortage costs. The shortage costs include the cost of the lost sales, cost of loss of goodwill, cost of customer dissatisfaction, etc. The noise factors for this design problem are identified to be: the mean demand rate and the mean lead time. Both the demand and the lead time are assumed to be normal random variables. Thus robustness for this inventory system is interpreted as insensitivity of the average inventory cost and the stockout to uncontrollable fluctuations in the mean demand rate and mean lead time. To make this inventory system for robustness, the concept of utility theory will be used. Utility theory is an analytical method for making a decision concerning an action to take, given a set of multiple criteria upon which the decision is to be based. Utility theory is appropriate for design having different scale such as demand rate and lead time since utility theory represents different scale across decision making attributes with zero to one ranks, higher preference modeled with a higher rank. Using utility theory, three design strategies, such as distance strategy, response strategy, and priority-based strategy. for the robust inventory system will be developed.loped.

  • PDF

Cash flow Forecasting in Construction Industry Using Soft Computing Approach

  • Kumar, V.S.S.;Venugopal, M.;Vikram, B.
    • International conference on construction engineering and project management
    • /
    • 2013.01a
    • /
    • pp.502-506
    • /
    • 2013
  • The cash flow forecasting is normally done by contractors in construction industry at early stages of the project for contractual decisions. The decision making in such situations involve uncertainty about future cash flows and assessment of working capital requirements gains more importance in projects constrained by cash. The traditional approach to assess the working capital requirements is deterministic in and neglects the uncertainty. This paper presents an alternate approach to assessment of working capital requirements for contractor based on fuzzy set theory by considering the uncertainty and ambiguity involved at payment periods. Statistical methods are used to deal with the uncertainty for working capital curves. Membership functions of the fuzzy sets are developed based on these statistical measures. Advantage of fuzzy peak working capital requirements is demonstrated using peak working capital requirements curves. Fuzzy peak working capital requirements curves are compared with deterministic curves and the results are analyzed. Fuzzy weighted average methodology is proposed for the assessment of peak working capital requirements.

  • PDF

Uncertainty Study: Information Seeking Behaviors of Doctoral Students in Business Management (정보행태 불확신성에 관한 연구 - 경영학분야 박사과정 연구자들을 중심으로 -)

  • Kim, Yang-Woo
    • Journal of the Korean BIBLIA Society for library and Information Science
    • /
    • v.23 no.1
    • /
    • pp.65-89
    • /
    • 2012
  • Using grounded theory, this study investigated users' information seeking behaviors associated with their perceptions of uncertainty. Based on a theoretical sampling, 17 doctoral students in the field of business management were recruited. Data was collected through the methods of questionnaire, interviewing, and think-aloud descriptions. The results identified user perceptions of uncertainty in the following stages: identification of information needs, selection of information systems, selection of search terms, actual use of systems, and evaluation of search results. In addition, positive aspects of uncertainties were presented. Major implications relate to information system and service improvements.

Information Management by Data Quantification with FuzzyEntropy and Similarity Measure

  • Siang, Chua Hong;Lee, Sanghyuk
    • Journal of the Korea Convergence Society
    • /
    • v.4 no.2
    • /
    • pp.35-41
    • /
    • 2013
  • Data management with fuzzy entropy and similarity measure were discussed and verified by applying reliable data selection problem. Calculation of certainty or uncertainty for data, fuzzy entropy and similarity measure are designed and proved. Proposed fuzzy entropy and similarity are considered as dissimilarity measure and similarity measure, and the relation between two measures are explained through graphical illustration.Obtained measures are useful to the application of decision theory and mutual information analysis problem. Extension of data quantification results based on the proposed measures are applicable to the decision making and fuzzy game theory.

Information Quantification Application to Management with Fuzzy Entropy and Similarity Measure

  • Wang, Hong-Mei;Lee, Sang-Hyuk
    • International Journal of Fuzzy Logic and Intelligent Systems
    • /
    • v.10 no.4
    • /
    • pp.275-280
    • /
    • 2010
  • Verification of efficiency in data management fuzzy entropy and similarity measure were discussed and verified by applying reliable data selection problem and numerical data similarity evaluation. In order to calculate the certainty or uncertainty fuzzy entropy and similarity measure are designed and proved. Designed fuzzy entropy and similarity are considered as dissimilarity measure and similarity measure, and the relation between two measures are explained through graphical illustration. Obtained measures are useful to the application of decision theory and mutual information analysis problem. Extension of data quantification results based on the proposed measures are applicable to the decision making and fuzzy game theory.

Uncertainty of Water Supply in Agricultural Reservoirs Considering the Climate Change (미래 기후변화에 따른 농업용 저수지 용수공급의 불확실성)

  • Nam, Won-Ho;Hong, Eun-Mi;Choi, Jin-Yong
    • Journal of The Korean Society of Agricultural Engineers
    • /
    • v.56 no.2
    • /
    • pp.11-23
    • /
    • 2014
  • The impact and adaption on agricultural water resources considering climate change is significant for reservoirs. The change in rainfall patterns and hydrologic factors due to climate change increases the uncertainty of agricultural water supply and demand. The quantitative evaluation method of uncertainty based on agricultural water resource management under future climate conditions is a major concern. Therefore, it is necessary to improve the vulnerability management technique for agricultural water supply based on a probabilistic and stochastic risk evaluation theory. The objective of this study was to analyse the uncertainty of water resources under future climate change using probability distribution function of water supply in agricultural reservoir and demand in irrigation district. The uncertainty of future water resources in agricultural reservoirs was estimated using the time-specific analysis of histograms and probability distributions parameter, for example the location and the scale parameter. According to the uncertainty analysis, the future agricultural water supply and demand in reservoir tends to increase the uncertainty by the low consistency of the results. Thus, it is recommended to prepare a resonable decision making on water supply strategies in terms of using climate change scenarios that reflect different future development conditions.

MNCs R&D Subsidiary Strategy : Focusing on Technology Firm Patent Performance (다국적기업의 R&D 자회사 전략 : 기술기업 연구개발 특허성과를 중심으로)

  • Kim, Ji Yeon
    • Journal of Information Technology Applications and Management
    • /
    • v.24 no.4
    • /
    • pp.13-24
    • /
    • 2017
  • This study aims to analyze which subsidiary configuration strategy is more effective under uncertainty especially technology base multinational corporations (henceforth MNCs). In previous studies real option theory scholars argue that high breadth subsidiary configuration is most effective strategy because that provides flexibility to MNCs global network. In this study I want unveil more various types of uncertainty such as technology and learning uncertainty which are more important for technology base firm and further more examine the effect of MNCs subsidiary configuration on firm R&D performance each uncertainty case. Empirical study is performed by negative binominal model based on Japanese 108 multinational corporations. The result shows that under technology uncertainty, high breadth subsidiary configuration is better for firm R&D performance but under learning uncertainty high depth subsidiary configuration is better. Thus, the effects of MNCs subsidiary configuration on firm value can differ by types of uncertainty.

Fixed Charge Transportation Problem and Its Uncertain Programming Model

  • Sheng, Yuhong;Yao, Kai
    • Industrial Engineering and Management Systems
    • /
    • v.11 no.2
    • /
    • pp.183-187
    • /
    • 2012
  • In this paper, we study the fixed charge transportation problem with uncertain variables. The fixed charge transportation problem has two kinds of costs: direct cost and fixed charge. The direct cost is the cost associated with each source-destination pair, and the fixed charge occurs when the transportation activity takes place in the corresponding source-destination pair. The uncertain fixed charge transportation problem is modeled on the basis of uncertainty theory. According to inverse uncertainty distribution, the model can be transformed into a deterministic form. Finally, in order to solve the uncertain fixed charge transportation problem, a numerical example is given to show the application of the model and algorithm.

Comonotonic Uncertain Vector and Its Properties

  • Li, Shengguo;Zhang, Bo;Peng, Jin
    • Industrial Engineering and Management Systems
    • /
    • v.12 no.1
    • /
    • pp.16-22
    • /
    • 2013
  • This paper proposes a new concept of comonotonicity of uncertain vector based on the uncertainty theory. In order to understand the comonotonicity of uncertain vector, some equivalent definitions are presented. Following the proposed concept, some basic properties of comonotonic uncertain vector are investigated. In addition, the operational law is given for calculating the uncertainty distributions of monotone functions of comonotonic uncertain variables. With the help of operational law, the comonotonic uncertain vector is applied to the premium pricing problems. At last, some numerical examples are given to illustrate the application.