• Title/Summary/Keyword: science-making

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A Framework of Internet Shopping Decision Making Based on Semantic Web Constraint Language (의미망 제약식언어를 기반으로 한 인터넷 쇼핑 의사결정 틀)

  • Lee, Myung-Jin;Kim, Hak-Jin;Kim, Woo-Ju
    • Journal of the Korean Operations Research and Management Science Society
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    • v.33 no.3
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    • pp.29-42
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    • 2008
  • Semantic Web society initially focused only on data but has gradually moved toward knowledge. Recently rule beyond ontology has emerged as a key element of the Semantic Web. All of these activities are obviously aiming at making data and knowledge on the Web sharable and reusable between various entities around the world. If one of ultimate visions of the Semantic Web is to increase human's decision making quality assisted by machines, there is a missing but important part to be shared and reused. It is knowledge about constraints on data and concepts represented by ontology which should be emphasized more. In this paper, we propose Semantic Web Constraint Language (SWCL) based on OWL and show how effective SWCL can be in representing and solving an internet shopper's decision making problem by an implementation of a shopping agent in the Semantic Web environment.

Knowledge-based Decision Making on Strategic Problems (전략적 과제에 대한 지식기반의 의사결정)

  • Yim, Nam-Hong
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2004.05a
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    • pp.595-598
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    • 2004
  • In recognizing knowledge as a new resource in gaining organizational competitiveness, knowledge management suggests a method in managing and applying knowledge for improving organizational performance. Much knowledge management research has focused on identifying, storing, and disseminating process related knowledge in an organized manner. Applying knowledge to decision making has a significant impact on organizational performance than solely processing transactions for knowledge management. In this research, we suggest a method of knowledge-based decision-making using system dynamics, with an emphasis to strategic problems. The proposed method transforms individual mental models into explicit knowledge by translating partial and implicit knowledge into an integrated knowledge model. The scenario-based test of the organized knowledge model enables decision-makers to understand the structure of the target problem and identify its basic cause, which facilitates effective decision-making. This method facilitates the linkage between knowledge management initiatives and achieving strategic goals and objectives of an organization.

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A Methodology for Analysis and Simplification of Multi-level Dynamic Production Lot Sizing Problems (다단계 생산로트크기 결정문제의 분석과 단순화 방법)

  • 김갑환;박순오
    • Journal of the Korean Operations Research and Management Science Society
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    • v.24 no.4
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    • pp.13-26
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    • 1999
  • When we try to design a production planning system for a manufacturing company, it is a time consuming task to analyze various planning activities and identify inter-relationship among a lot of decisions made for the production planning. Most of the research efforts have been concentrated to well-organized independent decision-making problems that may usually be identified only after analyzing the characteristics of the decision-making process as a whole. In this paper, a methodology is suggested to characterize the whole process of the production planning for a manufacturing company and reduce the complexity of decision-making problems. The methodology is based on an experience of developing a production planning software for an automobile component manufacturer in korea. First, it is explained how to identify and represent the dependency among various decision-making variables. And a methodology is proposed to analyze the identified dependency among decision variables and identify decision-making process. Lastly, a practical example is provided to illustrate the analysis procedure in this paper.

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A Study on Farmers Decision Making under Uncertainty (불확실성하(不確實性下)의 영농의사결정(營農意思決定)에 관한 연구(硏究))

  • Kim, Jai Hong;Kim, Hee Sung
    • Korean Journal of Agricultural Science
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    • v.15 no.2
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    • pp.181-191
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    • 1988
  • This paper aims to identify the farmers decision making under uncertainty. Qiuite a few studies have been done on the farmers decision making without uncertainty, but few studies have been made to see farmers decision making under uncertainty in Korea. There are many ways to avoid risks or uncertainty, Wald, Savage, Hurwicz, Laplace, Agrawl-Heady etc. are studied in this field. Fourty farmers were selected as samples. Among those half are the suburbs, and the other half are rural farmers. The results of this study are summarized as follows; First, the suburb farmers are more profit pursuit farmers. Second, not only the rural farmers but the suburb farmers are concerned more safety rather than output maximization. Third, the subsistence farmers and semi-commercial farmers are decided by Wald criterion, but the commercial farmers are decided by Savage or Laplace criterion. Fourth, information is very important in farmers decision making, but the creditability is far from satisfactory to the farmers.

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SWCL Extension for Knowledge Representation of Piecewise linear Constraints on the Semantic Web (시맨틱 웹 환경에서의 부분선형 제약지식표현을 위한 SWCL의 확장)

  • Lee, Myungjin;Kim, Wooju;Kim, Hak-Jin
    • Journal of the Korean Operations Research and Management Science Society
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    • v.37 no.4
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    • pp.19-35
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    • 2012
  • The Semantic Web technology, purporting to share, to reuse and to process by machines data stored in the Web environment, incessantly evolves to help human decision making; in particular, decision making based on data, or quantitative decision making. This trend drives researchers to fill the gap with strenuous efforts between the current state of the technology and the terminus of this evolution. The Semantic Web Constraint Language (SWCL) together with SWRL is one of these endeavors to achieve the goal. This paper focuses particularly on how to express the piecewise linear form in the context of SWCL. The importance of this ingredient can be fortified by the fact that any nonlinear expression can be approximated in the piecewise linear form. This paper will also provide the information of how it will work in the decision making process through an example of the Internet shopping mall problem.

A Study on the Multi-Criteria Decision Making for Effect Analysis and Decision Making of Weapon System (무기체계의 효과분석과 의사결정을 위한 다기준분석 방법론의 연구)

  • Lim, Sung-Hoon;Cho, Ki-Hong;Park, Seung
    • Journal of the Korea Institute of Military Science and Technology
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    • v.12 no.5
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    • pp.557-562
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    • 2009
  • Weapon system currently considers the research about effect analysis including cost effectiveness methodology for a budget management and an achievement of the military strategy goal. So that, this study considers the theoretical background, strength and weakness of several Multi-Criteria Decision Making, and an effect analysis of weapon system. And AHP(Analytic Hierarchy Process) is selected for the best effect analysis methodology of weapon system. Therefore, we applied AHP to the case study of the new generation Multiple Launcher Rocket System, performing the analysis of cost effectiveness methodology. Using AHP and cost effectiveness methodology, we propose the actual and proper decision making result.

Study on the Application of Decision Trees for Personalization based on e-CRM (e-CRM에서 개인화 향상을 위한 의사결정나무 사용에 관한 연구)

  • 양정희;한서정
    • Journal of the Korea Safety Management & Science
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    • v.5 no.3
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    • pp.107-119
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    • 2003
  • Expectation and interest about e-CRM are rising for more efficient customer management in on-line including electronic commerce. The decision-making tree can be used usefully as the data mining technology for e-CRM. In this paper, the representative decision making techniques, CART, C4.5, CHAID analyzed the differences in personalization point of view with actuality customer data through an experiment. With these analysis data, it is proposed a new decision-making tree system that has big advantage in personalization techniques. Through new system, it can get following advantage. First, it can form superior model more qualitatively in personalization by adding individual's weight value. Second it can supply information personalized more to customer. Third, it can have high position about customer's loyalty than other site of similar types of business. Fourth, it can reduce expense that cost marketing and decision-making. Fifth, it becomes possible that know that customer through smooth communication with customer who use personalized service wants and make from goods or service's quality to more worth thing.

Learning Science in Communicating Science and Technology In-the-making: A Case Study of the 'Science and Technology Mania' Award Program

  • Hwang, Sung-Won;Hwang, Book-Kee;Choi, Jung-Hoon
    • Journal of The Korean Association For Science Education
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    • v.27 no.2
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    • pp.126-133
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    • 2007
  • The 'Science and Technology Mania' award program is an annual nationwide award activity organized to provide teenagers with opportunities for engaging in a high-technology-based long-term project work. The task involves designing a model ship propelled by the Lorentz force (a Lorentz ship) that allows diverse approaches irreducible to one right answer, and thus adopts features of science and technology in-the-making, In this study, we attend to opportunities for learning science that the uncertain aspects of artifact-designing project provide with participants, particularly when students communicate with scientists about their design practices. We analyze oral presentation sessions of the program and articulate two findings. First, students articulate embodied knowing in the presence of scientists. Second, students enact discursive resources deployed in concrete action. We conclude that students' design practices constitute referent that communication is directed toward and therefore become resources for developing scientific discourse.

A Methodology of Decision Making Condition-based Data Modeling for Constructing AI Staff (AI 참모 구축을 위한 의사결심조건의 데이터 모델링 방안)

  • Han, Changhee;Shin, Kyuyong;Choi, Sunghun;Moon, Sangwoo;Lee, Chihoon;Lee, Jong-kwan
    • Journal of Internet Computing and Services
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    • v.21 no.1
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    • pp.237-246
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    • 2020
  • this paper, a data modeling method based on decision-making conditions is proposed for making combat and battlefield management systems to be intelligent, which are also a decision-making support system. A picture of a robot seeing and perceiving like humans and arriving a point it wanted can be understood and be felt in body. However, we can't find an example of implementing a decision-making which is the most important element in human cognitive action. Although the agent arrives at a designated office instead of human, it doesn't support a decision of whether raising the market price is appropriate or doing a counter-attack is smart. After we reviewed a current situation and problem in control & command of military, in order to collect a big data for making a machine staff's advice to be possible, we propose a data modeling prototype based on decision-making conditions as a method to change a current control & command system. In addition, a decision-making tree method is applied as an example of the decision making that the reformed control & command system equipped with the proposed data modeling will do. This paper can contribute in giving us an insight of how a future AI decision-making staff approaches to us.

The Role of Investor Behavioral Biases in Investment Decisions

  • Singh, Tarika;Gupta, Monika
    • Journal of Distribution Science
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    • v.13 no.11
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    • pp.31-37
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    • 2015
  • Purpose - This study is an effort to assess the role of behavioral biases in investment decision making, specifically for mutual funds, and the moderating role of the investor. Individual investment behavior is concerned with choices about purchasing various securities. However, behavioral finance disputes the concept of perfect rationality and identifies psychological factors and their impact on decision-making. Research design, data, and methodology - A survey questionnaire was designed and used to collect responses using a judgmental sampling technique from 290 investors in the Gwalior Region. Cronbach's Alpha, factor analysis, and linear regression were all used to test the influence of behavioral biases on investment decision. Results - We found that the behavioral biases have a positive impact on investment decisions. Conclusions - This study's results identified three factors influencing investor behavior(rationale, investment skills, and profit making) and four factors influencing investor decisions (profit maker, market analysis, investment plan, seller). The overall results of the study also show that there is no significant relationship between investor behavior and investment decisions by gender in the market.