• Title/Summary/Keyword: optimal preference

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Optimization of Tank Model Parameters Using Multi-Objective Genetic Algorithm (II): Application of Preference Ordering (다목적 유전자알고리즘을 이용한 Tank 모형 매개변수 최적화(II): 선호적 순서화의 적용)

  • Koo, Bo-Young;Kim, Tae-Soon;Jung, Il-Won;Bae, Deg-Hyo
    • Journal of Korea Water Resources Association
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    • v.40 no.9
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    • pp.687-696
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    • 2007
  • Preference ordering approach is applied to optimize the parameters of Tank model using multi-objective genetic algorithm (MOGA). As more than three multi-objective functions are used in MOGA, too many non-dominated optimal solutions would be obtained thus the stakeholder hardly find the best optimal solution. In order to overcome this shortcomings of MOGA, preference ordering method is employed. The number of multi-objective functions in this study is 4 and a single Pareto-optimal solution, which is 2nd order efficiency and 3 degrees preference ordering, is chosen as the most preferred optimal solution. The comparison results among those from Powell method and SGA (simple genetic algorithm), which are single-objective function optimization, and NSGA-II, multi-objective optimization, show that the result from NSGA-II could be reasonalby accepted since the performance of NSGA-II is not deteriorated even though it is applied to the verification period which is totally different from the calibration period for parameter estimation.

Two-layer Investment Decision-making Using Knowledge about Investor′s Risk-preference: Model and Empirical Testing.

  • Won, Chaehwan;Kim, Chulsoo
    • Management Science and Financial Engineering
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    • v.10 no.1
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    • pp.25-41
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    • 2004
  • There have been many studies to build a model that can help investors construct optimal portfolio. Most of the previous models, however, are based upon the path-breaking Markowitz model (1959) which is a quantitative model. One of the most important problems with that kind of quantitative model is that, in reality, most of the investors use not only quantitative, but also qualitative information when they select their optimal portfolio. Since collecting both types of information from the markets are time consuming and expensive, making a set of target assets smaller, without suffering heavy loss in the rate of return, would attract investors. To extract only desired assets among all available assets, we need knowledge that identifies investors' preference for the risk of the assets. This study suggests two-layer decision-making rules capable of identifying an investor's risk preference and an architecture applying them to a quantitative portfolio model based on risk and expected return. Our knowledge-based portfolio system is to build an investor's preference-oriented portfolio. The empirical tests using the data from Korean capital markets show the results that our model contributes significantly to the construction of a better portfolio in the perspective of an investor's benefit/cost ratio than that produced by the existing portfolio models.

Acoustic Signal based Optimal Route Selection Problem: Performance Comparison of Multi-Attribute Decision Making methods

  • Borkar, Prashant;Sarode, M.V.;Malik, L. G.
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.10 no.2
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    • pp.647-669
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    • 2016
  • Multiple attribute for decision making including user preference will increase the complexity of route selection process. Various approaches have been proposed to solve the optimal route selection problem. In this paper, multi attribute decision making (MADM) algorithms such as Simple Additive Weighting (SAW), Weighted Product Method (WPM), Analytic Hierarchy Process (AHP) method and Total Order Preference by Similarity to the Ideal Solution (TOPSIS) methods have been proposed for acoustic signature based optimal route selection to facilitate user with better quality of service. The traffic density state conditions (very low, low, below medium, medium, above medium, high and very high) on the road segment is the occurrence and mixture weightings of traffic noise signals (Tyre, Engine, Air Turbulence, Exhaust, and Honks etc) is considered as one of the attribute in decision making process. The short-term spectral envelope features of the cumulative acoustic signals are extracted using Mel-Frequency Cepstral Coefficients (MFCC) and Adaptive Neuro-Fuzzy Classifier (ANFC) is used to model seven traffic density states. Simple point method and AHP has been used for calculation of weights of decision parameters. Numerical results show that WPM, AHP and TOPSIS provide similar performance.

Optimal Scaling and Partial Quantification in Multidimensional Preference Analysis (다차원선호분석의 최적척도화 및 부분수량화)

  • 황선영;정수진;김영원
    • The Korean Journal of Applied Statistics
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    • v.14 no.2
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    • pp.305-320
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    • 2001
  • 다차원선호분석(mutidimensional preference analysis)은 여러 상품들에 대한 개인(또는 그룹)의 선호도를 알아보기 위한 분석방법으로 결과는 보통 2차원 그림으로 제공된다. 본 연구에서는 의미있는 두 가지 최적척도 기준을 제안하고 이와 연관된 행 및 열표시자를 유도하고 있으며, 아울러 사전지식을 반영하기 위해 부분수량화를 다차원선호분석에 도입하는 방법을 제시한다. 또한 본 연구에서 제시한 다차원분석기법들을 실제 인터넷 검색엔진에 대한 선호도 자료에 적용한다.

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A Bayesian Approach to Paired Comparison of Several Products of Poisson Rates

  • Kim Dae-Hwang;Kim Hea-Jung
    • Proceedings of the Korean Statistical Society Conference
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    • 2004.11a
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    • pp.229-236
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    • 2004
  • This article presents a multiple comparison ranking procedure for several products of the Poisson rates. A preference probability matrix that warrants the optimal comparison ranking is introduced. Using a Bayesian Monte Carlo method, we develop simulation-based procedure to estimate the matrix and obtain the optimal ranking via a row-sum scores method. Necessary theory and two illustrative examples are provided.

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Sensory Test and Physiochemical Property of Marinade Mackerel with Hem Salt Solution (허브 염용액으로 마리네이드 한 고등어의 이화학적 특성 및 관능 평가)

  • Ju, Hyoung-Woog
    • Culinary science and hospitality research
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    • v.17 no.3
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    • pp.221-235
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    • 2011
  • This study focuses on the qualitative characteristics of mackerel marinated with herb extracts. By differentiating the amounts of garlic, ginger and basil, the optimal amount of each ingredient to he added has been found. According to the result of the experiment, the highest level of preference has been shown for the combination of 3% of garlic, 3% of ginger and 2% of basil, generating the optimal amounts to be added. Since the pH change shown by the mackerel marinated by adding the optimal combination of 3% of garlic, 3% of ginger and 2% of basil is included in the range of pH 6.2-6.4, which is the initial point of decomposition for red-fleshed fish, it can be considered to be appropriate for the qualitative characteristics of the product. According to the differences test, GA3 bas shown the lowest level of strength, making it soft. Also, GA3 has shown the highest level of elasticity together with the characteristic of being moist. As a result, it can be said that garlic is better than ginger and basil. According to the preference test, GA3 has shown the highest level of preference in terms of appearance, flavor, texture, taste and overall preference. By considering the above results of the experiment, GA3 (3% of garlic) can be regarded as the optimal amount to be added.

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Collaborative Filtering Algorithm Based on User-Item Attribute Preference

  • Ji, JiaQi;Chung, Yeongjee
    • Journal of information and communication convergence engineering
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    • v.17 no.2
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    • pp.135-141
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    • 2019
  • Collaborative filtering algorithms often encounter data sparsity issues. To overcome this issue, auxiliary information of relevant items is analyzed and an item attribute matrix is derived. In this study, we combine the user-item attribute preference with the traditional similarity calculation method to develop an improved similarity calculation approach and use weights to control the importance of these two elements. A collaborative filtering algorithm based on user-item attribute preference is proposed. The experimental results show that the performance of the recommender system is the most optimal when the weight of traditional similarity is equal to that of user-item attribute preference similarity. Although the rating-matrix is sparse, better recommendation results can be obtained by adding a suitable proportion of user-item attribute preference similarity. Moreover, the mean absolute error of the proposed approach is less than that of two traditional collaborative filtering algorithms.

Scaling MDS for Preference Data Using Target Configuration

  • Hwang, S.Y.;Park, S.K.
    • Journal of the Korean Data and Information Science Society
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    • v.14 no.2
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    • pp.237-245
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    • 2003
  • MDS(multi-dimensional scaling) for preference data is a graphical tool which usually figures out how consumers recognize, evaluate certain products. This article is mainly concerned with an optimal scaling for MDS when target configuration is available. Rotation of axis and SUR(seemingly unrelated regression) methods are employed to get a new configuration which is obtained as close to the target as we can. Methodologies developed here are also illustrated via a real data set.

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Using Genetic-Fuzzy Methods To Develop User-preference Optimal Route Search Algorithm

  • Choi, Gyoo-Seok;Park, Jong-jin
    • The Journal of Information Technology and Database
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    • v.7 no.1
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    • pp.42-53
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    • 2000
  • The major goal of this research is to develop an optimal route search algorithm for an intelligent route guidance system, one sub-area of ITS. ITS stands for intelligent Transportation System. ITS offers a fundamental solution to various issues concerning transportation and it will eventually help comfortable and swift moves of drivers by receiving and transmitting information on humans, roads and automobiles. Genetic algorithm, and fuzzy logic are utilized in order to implement the proposed algorithm. Using genetic algorithm, the proposed algorithm searches shortest routes in terms of travel time in consideration of stochastic traffic volume, diverse turn constraints, etc. Then using fuzzy logic, it selects driver-preference optimal route among the candidate routes searched by GA, taking into account various driver's preferences such as difficulty degree of driving and surrounding scenery of road, etc. In order to evaluate this algorithm, a virtual road-traffic network DB with various road attributes is simulated, where the suggested algorithm promptly produces the best route for a driver with reference to his or her preferences.

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An Interactive Approach to Select Optimal Solution for MADM Problems with Preferential Dependence (성호종속을 허용하는 다속성 의사결정문제의 대화형 접근방법)

  • 이강인;조성구
    • Journal of the Korean Operations Research and Management Science Society
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    • v.20 no.2
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    • pp.61-76
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    • 1995
  • The "optimal" solution for a decision making problem should be the one that best reflects the decision-maker's preference. For MADM (Multi-Attribute Decision-Making) problems, however, finding an optimal solution is difficult, especially when the number of alternatives, or that of attributes is relatively large. Most of the existing mathematical approaches arrive at a final solution on the basis of many unrealistic assumptions, without reflecting the decision-maker's preference structure exactly. To remedy this, some interactive methods have been proposed, but most of them require a large amount of information growing exponentially as the number of alternatives, or that of attributes increases. Therefore it is difficult for the decision-maker to maintain consistency throughout the decision making process. In this paper, an interactive method which finds optimal solutions for deterministic MADM problems with many attributes and alternatives is proposed. Instead of considering all the attributes simultaneously, this method partitions all the attributes into several mutually independent subgroups and considers one of them at each of preordered steps, where the alternatives are eliminated until the optimal one is obtained. The efficiency of the method lies in the fact that the amount of neccessary information is reduced significantly, and even further if a suboptimal solution is acceptable to the decision-maker.ion-maker.

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