• Title/Summary/Keyword: objective management

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The Design & Effect Analysis of Project Objective Management Information System for National R&D cooperated by Industries, Universities and Government-supported research institutes (국가 산.학.연 협력 연구개발을 위한 과제목표관리 정보시스템의 설계 및 효과 분석)

  • Sohn, Kwon-Joong;Yoo, Wang-Jin;Lee, Cheol-Gyu
    • Journal of Technology Innovation
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    • v.16 no.1
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    • pp.107-139
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    • 2008
  • We studied how to achieve successful implementation of massive research and development projects requiring collaboration among industries, universities and government-supported research institute. We have set up an engineering process innovation model to be deemed most adequately for all practical purposes, relying on the theoretical studies on the merits and analysis of the effect of the information system based on Milestone Management, Work Breakdown Structures and Web, which is known to be effective for research project (schedule) management and the objective management, and implemented a real-world web-based project objective management system. After a review of various R & D Project Schedule Management methods, we found that this information system was very compatible with project objective management. This project objective management information system carries out research and development projects effectively and efficiently, getting together in cyber-space and sharing information, and has been equipped with an Early Warning Subsystem to allow for pre-analysis and timely response to potential problems arising from the course of the project. The system also contains an Executive Information System that in real time, automatically provides the management information required by managers with the rate of project progress (achievement, fulfillment and delay). Lastly, actual progress can be cross-checked through both on-line objective management on the web-based information system and design review meeting held on site, to improve the efficiency and validity of the information system. Moreover, overall effect was analyzed through questionnaires on how well the system and generated information meet requirements and on the ultimate impact of the system upon objective management and communication. The questionnaire on the system effect revealed that the information system was useful to objective management and communication, and that the quality of the system was more than acceptable as well.

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Actual Condition and Extended Suggestions of Legal Management of Construction Enterprise in Korea (건설기업 법정관리의 실태와 향후 과제)

  • Kim, Jin-Ho
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2013.11a
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    • pp.208-209
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    • 2013
  • In recent times, the legal management of construction enterprise has become one of important theme in the domestic construction industry. Therefore, the objective of this paper is to consider rational methodology of legal management of construction enterprise. To achieve this objective, this paper performs a case study about the major cause and significant characteristic of the legal management. In conclusion, the following factors are systematized : 1) actual condition of legal management of construction enterprise in korea, 2) the influence and extended suggestions of legal management.

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DEVELOPMENT OF A TABU SEARCH HEURISTIC FOR SOLVING MULTI-OBJECTIVE COMBINATORIAL PROBLEMS WITH APPLICATIONS TO CONSTRUCTING DISCRETE OPTIMAL DESIGNS

  • JOO SUNG JUNG;BONG JIN YUM
    • Management Science and Financial Engineering
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    • v.3 no.1
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    • pp.75-88
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    • 1997
  • Tabu search (TS) has been successfully applied for solving many complex combinatorial optimization problems in the areas of operations research and production control. However, TS is for single-objective problems in its present form. In this article, a TS-based heuristic is developed to determine Pareto-efficient solutions to a multi-objective combinatorial optimization problem. The developed algorithm is then applied to the discrete optimal design problem in statistics to demonstrate its usefulness.

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Effects of Financial Knowledge and Financial Management on Objective Financial Well-Being and Subjective Financial Satisfaction (도시가계의 재무지식 및 재무관리가 객관적 재무건전성과 주관적 재무만족도에 미치는 영향)

  • Cho, Dong-Pil;Yang, Se-Jeong;Bae, Mi-Kyeong
    • Korean Journal of Human Ecology
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    • v.16 no.2
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    • pp.333-348
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    • 2007
  • The study examines the relationships among financial knowledge, financial management, and objective financial well-being and subjective financial satisfaction. The data used in the study was 331 households from the survey in both Seoul and Kyeonggi-Do. The data analysis was dome using the SAS-PC program and several statistical techniques were utilized such as frequency, and multiple regression analysis. The results of the study were as follows; The results from multiple regression analysis providing the information about the relationships between two variable after controlling other effects on the variables, showed that, the households with more financial knowledge tended to do more on both financial management plan and financial management implement. The households doing more on financial management implement were found to have more subjective financial satisfaction, while those doing more on financial management plan were found to have more objective financial well-being. Also, a positive relationship was found between objective financial well-being and subjective financial satisfaction.

Applying Multi-objective Mathematical Programming Model for Business Planning of Eco-friendly Agrifood Processing Enterprise in Korea (친환경농식품 가공업체의 경영계획 수립을 위한 다목표 수리계획모형의 적용 방안)

  • Cho, Wan-Hyung
    • Korean Journal of Organic Agriculture
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    • v.26 no.2
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    • pp.181-202
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    • 2018
  • Most of eco-friendly agrifood processing enterprises in Korean rural area are small and medium-sized business. For this reason, it's hard for eco-friendly agrifood processing enterprises to neither analyze business performance for efficient business management nor establish their own business plan for rational decision-making. Therefore it's necessary to design effective mathematical programming model and to make practical application which can support rational management decision-making ensuring the stable business activity of eco-friendly agrifood processing enterprises. Accordingly this paper focuses on the designing and its application of multi-objective mathematical programming model using goal programming to support rational decision-making of eco-friendly agrifood processing enterprise. Hansalimanseongmachum Food Inc. which runs soy bean processing business making tofu based on regional-based soybean farms around Anseong City will be the specific case to apply multi-objective mathematical programming model in practice. And it will suggest measures to support rational management decision-making of other eco-friendly agrifood processing enterprises.

The Mathematical Relationship Between the Region of Efficient Objective Value and the Region of Weight in Multiple Objective Linear Programming (다목적 선형계획 문제의 유효 목적함수 영역과 가중치 수리적 관계에 관한 연구)

  • 소영섭
    • Journal of the Korean Operations Research and Management Science Society
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    • v.19 no.2
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    • pp.119-128
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    • 1994
  • There are three important regions im Multiple Objective Linear Programming (MOLP). One is the region of efficient solutions, another is the region of weight to be used for finding efficient solutions, the third is the region of efficient (nondominated) objective values. In this paper, first, we find the condition of extreme point in the region of efficient objective values. Second, we find that the sum of the dimension of the weight region and the dimension of efficient objective values region is constant. Using the above, it is shown that we find the shape and dimension of weight region corresponding to the given region or efficient objective values and vice versa.

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Objective Reduction Approach for Efficient Decision Making of Multi-Objective Optimum Service Life Management (다목적 최적화 기반 구조물 수명관리의 효율적 의사결정을 위한 목적감소 기법의 적용)

  • Kim, Sunyong
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.18 no.2
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    • pp.254-260
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    • 2017
  • The service life of civil infrastructure needs to be maintained or extended through appropriate inspections and maintenance planning, which results from the optimization process. A multi-objective optimization process can lead to more rational and flexible trade-off solutions rather than a single-objective optimization for the service life management of civil infrastructure. Recent investigations on the service life management of civil infrastructure were generally based on minimizing the life-cycle cost analysis and maximizing the structural performance. Various objectives for service life management have been developed using novel probabilistic concepts and methods over the last few decades. On the other hand, an increase in the number of objectives in a multi-objective optimization problem can lead to difficulties in computational efficiency, visualization, and decision making. These difficulties can be overcome using the objective reduction approach to identify the redundant and essential objectives. As a result, the efficiency in computational efforts, visualization, and decision making can be improved. In this paper, the multi-objective optimization using the objective reduction approach was applied to the service life management of concrete bridges. The results showed that four initial objectives can be reduced by two objectives for the optimal service life management.

Off-line Multicritera Optimization of Creep Feed Ceramic Grinding Process

  • Chen Ming-Kuen
    • Proceedings of the Korean Society for Quality Management Conference
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    • 1998.11a
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    • pp.680-695
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    • 1998
  • The objective of this study is to optimize the responses of the creep feed ceramic grinding process simultaneously by an off-1ine multicriteria optimization methodology. The responses considered as objectives are material removal rate, flexural strength, normal grinding force, workpiece surface roughness and grinder power. Alumina material was ground by the creep feed grinding mode using superabrasive grinding wheels. The process variables optimized for the above objectives include grinding wheel specification, such as bond type, mesh size, and grit concentration, and grinding process parameters, such as depth of cut and feed rate. A weighting method transforms the multi-objective problem into a single-objective programming format and then, by parametric variation of weights, the set of non-dominated optimum solutions are obtained. Finally, the multi-objective optimization methodology was tested by a sensitivity analysis to check the stability of the model.

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A Fuzzy Multi-Objective Linear Programming Model: A Case Study of an LPG Distribution Network

  • Ozyoruk, Bahar;Donmez, Nilay
    • Industrial Engineering and Management Systems
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    • v.13 no.3
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    • pp.319-329
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    • 2014
  • Supply chain management is a subject that has an increasing importance due to the developments in the global markets and technology. In this paper, a fuzzy multi-objective linear programming model is developed for the supply chain of a company dealing with procurement, storage, filling, and distribution of liquefied petroleum gas (LPG) in Turkey. The model intends to determine the quantities of LPG to be procured, stored, filled to cylinders, and transported between the plants and demand centers for six planning periods. In this model, which aims to minimize both total costs (sum of procurement, storage, filling, and transportation costs) and total transportation distances, demand quantities of the main demand centers and decision maker's aspiration levels about objective functions are fuzzy. After comparing the results obtained from the model with those obtained by using different methods, it is concluded that the proposed method can be applied to real world problems practically and it may be used in this type of problems in order to generate an efficient solution.

Pareto-Based Multi-Objective Optimization for Two-Block Class-Based Storage Warehouse Design

  • Sooksaksun, Natanaree
    • Industrial Engineering and Management Systems
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    • v.11 no.4
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    • pp.331-338
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    • 2012
  • This research proposes a Pareto-based multi-objective optimization approach to class-based storage warehouse design, considering a two-block warehouse that operates under the class-based storage policy in a low-level, picker-to-part and narrow aisle warehousing system. A mathematical model is formulated to determine the number of aisles, the length of aisle and the partial length of each pick aisle to allocate to each product class that minimizes the travel distance and maximizes the usable storage space. A solution approach based on multiple objective particle swarm optimization is proposed to find the Pareto front of the problems. Numerical examples are given to show how to apply the proposed algorithm. The results from the examples show that the proposed algorithm can provide design alternatives to conflicting warehouse design decisions.