• Journal of the Korea Convergence Society
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• v.6 no.5
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• pp.1-8
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• 2015

The data of fair value hierarchy is expected to contain different degree of measurement error, information asymmetry, and information risk by the level of hierarchy. Thus, this study examines how hierarchy of fair value discriminately influences on companies' cost of capital. Through regression analysis of corporations listed from 2011 to 2014, it turns out that the regression coefficient of level 1 and 2 of fair value variable vary their rank by cost of capital types, while level 3 contains the highest regression coefficient for every cost of capital variable. In addition, further study of how the relevance between cost of capital and the fair value hierarchy gets affected by market risk management level and audit quality finds no consistent results. However, by analyzing the effect of coincident interaction through the convergence of market risk management and audit quality, when audit quality and market risk management level are high, the effect of relieving cost of capital of Level 3 gets the highest. In conclusion, fair value hierarchy data seems to affect discriminately on cost of capital by involved information risk, and the information risk could decrease by the level of market risk management and audit quality.

• Journal of the Korean Data and Information Science Society
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• v.13 no.2
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• pp.139-145
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• 2002

In Cretu (2001), triangular norms and their hierarchy are investigated. In this paper, we give new proofs which are significantly shorter than those given in Cretu, applying a known result which involves only one argument of one-place rather than two-place argument s by Klement et al.(1997).

• Proceedings of the Korean Institute of Intelligent Systems Conference
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• 2001.12a
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• pp.328-331
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• 2001

In Cretu [Fuzzy Sets and Systems 120(2001) 371-383], triangular norms and their hierarchy are investigated. In this paper, we give new proofs which are significantly shorter than those given in Cretu, applying a known result which involves only one argument of one-place rather than two place arguments by Klement et al. [FSS 86(1997) 189-195]

• Journal of Environmental Impact Assessment
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• v.23 no.6
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• pp.517-526
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• 2014

This paper performed studies on a guide for an environmental assessment necessary to select railroad route optimally, and presented techniques for an environmental friendly route selection using AHP(Analytical Hierarchy Process) as an objective method. The AHP is an approach to decision making that involves multiple choice criteria into a hierarchy and assessing the relative importance of each criterion, and determining an overall ranking of the alternatives. For the purpose of this study, we established the weight and the order of major environmental assessment items based on the survey of experts. The results of the weight by AHP were in order of Fauna & Flora, Topography & Geology, Nature Environmental Assets, Noise & Vibration, Water Quality, Landscape and Air Quality indicating natural environment should be in priority. To develop the more efficient environmental friendly route selection systems, it is necessary to consider economical, technical, and social aspects in addition to environmental consideration.

• Industrial Engineering and Management Systems
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• v.4 no.2
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• pp.129-135
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• 2005

Continuous quality improvement through process refinement is a must for survival of all industries in the contemporary market place. This is true for both manufacturing and service sectors. While manufacturing has spearheaded quality efforts, the service sector has lagged behind primarily because of inherent difficulties. Customer satisfaction is perhaps the most important performance measure for service quality. There are a number of quality dimensions in service quality, such as reliability, responsiveness, assurance, empathy, and tangibles. An issue of concern is ‘how can one have a unified measure of service quality across all the dimensions?' The intent of this paper is to determine if the Analytical Hierarchy Process (AHP) method could be used to derive a single quality index. AHP is a quantitative technique that structures a multi-attribute, multi-person and multi-period problem hierarchically so that solutions are facilitated. This paper presents the development of an AHP model and the derivation of a Quality Index through it. The model is used in a hypothetical case and a quality index was developed. The advantages of using such a technique are discussed.

• Journal of The Korean Society of Agricultural Engineers
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• v.49 no.3
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• pp.63-68
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• 2007

The LRA(Logistic Regression Analysis) conducts a quantitative analysis by collecting a lot of samples and the AHP(Analytic Hierarchy Program) makes use of expert decision influenced by subjective judgment to a certain degree. This study is to suggest a combination method in mapping landslide hazard by giving equal weight for the result of LRA and AHP. Topographic factors(slope, aspect, elevation), soil dram, soil depth and land use were adopted to classify landslide hazard areas. The three methods(LRA, AHP, the combined approach) was applied to a $520km^2$ region located in the middle of South Korea which have occurred 39 landslides during 1999 and 2003. The suggested method showed 58.9% matching rate for the real landslide sites comparing with the classified areas of high-risk landslide While LRA and AHP Showed 46.1% and 48.7% matching rates respectively. Further studies are recommended to find the optimal combining weight of LRA and AHP with more landslide data.

• The Journal of Asian Finance, Economics and Business
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• v.7 no.10
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• pp.461-470
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• 2020

The objective of this research is to examine the factors affecting the decision-making of International Commercial Terms (Incoterms) of automotive parts manufacturers in Thailand. This mixed method study applied qualitative and quantitative research methods and utilized the analytical hierarchy process (AHP) to prioritize the significance of the factors. By an in-depth literature review and expert interview, four main criteria were identified. These criteria include Operating costs, Cooperation and bargaining power, Knowledge and understanding and Operation duration then main criteria divided into fifteen sub-criteria. The common Incoterms, Ex Works (EXW), Free On Board (FOB), Free Carrier (FCA), and Cost, Insurance and Freight (CIF), were determined as alternatives to the incoterms through a preliminary survey. The results revealed that the operating costs were the most important factor for the company. Moreover, it was discovered that this was consistent with the priority of the secondary factors, which included the annual budget for the transportation expenses and product value at one time. The respondents' perspective suggested that FCA was the most appropriate Incoterms for international trade for a company. The findings of this research suggest a hierarchy model for organizations to prioritize the significant factors in order to make a decision on the most appropriate Incoterms.

• Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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• 2009.05a
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• pp.576-579
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• 2009

The amount of incoming e-mails is increasing rapidly due to the wide usage of Internet. Therefore, it is more required to classify incoming e-mails efficiently and accurately. Currently, the e-mail classification techniques are focused on two way classification to filter spam mails from normal ones based mainly on Bayesian and Rule. The clustering method has been used for the multi-way classification of e-mails. But it has a disadvantage of low accuracy of classification. In this paper, we propose a novel multi-way e-mail classification method that uses PCA for automatic category generation and dynamic category hierarchy for high accuracy of classification. It classifies a huge amount of incoming e-mails automatically, efficiently, and accurately.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.42 no.3
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• pp.252-261
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• 2019

In this study, we analyzed the factors affecting the introduction of Smart Factory by domestic SMEs through AHP analysis and tried to provide implications for the introduction of Smart Factory. It was confirmed that the manufacturing and introduction group, the non-manufacturing introduction group, and the already introduced group had the highest weight in the cost reduction in the first hierarchy standard. At this time, it can be seen that the weight for cost reduction is relatively high in the manufacturing introduction group and the introduction group, and the weight for the productivity improvement is relatively high in the non-manufacturing introduction group. It can also be seen that the portion of marketing enhancement does not have a significant impact on smart factory choices. It was confirmed that image enhancement is the highest in the manufacturing introduction group and the non-manufacturing introduction group in the first hierarchy standard, and the marketing has the highest weight in the introduction group. In the two - tiered standard, customer - friendly and proper inventory maintenance weights were relatively high in all the introduced groups, except for the high rankings.

• Journal of Korean Society of Rural Planning
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• v.25 no.2
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• pp.35-45
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• 2019

This study revises current feasibility evaluation guideline for agricultural infrastructure improvement project considering recent changes in social and economic environment in rural area. We use an AHP(Analytic Hierarchy Process) approach to consider qualitative evaluation items in policy enforcement and balanced regional development as well as quantitative items in current economic analysis in the process of feasibility evaluation and decision making. The criteria system is composed of three level hierarchy. In the first level which consists of economic analysis, policy analysis, and regional development analysis, economic analysis was ranked top with relative weight of 0.45 and regional development analysis the lowest with 0.22. In the second level which consists of three evaluation items under policy analysis, consistency in policy enforcement, risk factors, and special evaluation factors, consistency in policy enforcement was ranked top. Finally, 13 detailed evaluation items in the third level were surveyed and ranked by using a comprehensive criticality vector. The result shows that the three most important evaluation items are 'degree of underdevelopment', 'spill-over effect of regional economy' and 'consistency with related planning and policy direction'.