• Title/Summary/Keyword: Additive scoring system

Search Result 4, Processing Time 0.017 seconds

A Study on an Alternative to the Standardized Scoring System in CSAT (대학수학능력시험에서 표준점수제의 개선방안에 대한 연구)

  • Hwang, Hyung-Tae
    • The Korean Journal of Applied Statistics
    • /
    • v.18 no.3
    • /
    • pp.521-532
    • /
    • 2005
  • In the current College Scholastic Aptitude Test (CSAT), the standardized scoring system is being adopted to adjust te differences of degrees of difficulty between the optional subjects. But it becomes clear that the system has several weak points, some of which are considered to be very serious. In this paper we propose an alternative method, so-called the additive scoring system. It determines the additional points per each subjects, according to the subject mean scores. The proposed method has been simulated using the data of 2005' CSAT, and it turns out that the additive scoring system reduces or remove the troubles caused by the standardized scoring system.

Generalized Partially Linear Additive Models for Credit Scoring

  • Shim, Ju-Hyun;Lee, Young-K.
    • The Korean Journal of Applied Statistics
    • /
    • v.24 no.4
    • /
    • pp.587-595
    • /
    • 2011
  • Credit scoring is an objective and automatic system to assess the credit risk of each customer. The logistic regression model is one of the popular methods of credit scoring to predict the default probability; however, it may not detect possible nonlinear features of predictors despite the advantages of interpretability and low computation cost. In this paper, we propose to use a generalized partially linear model as an alternative to logistic regression. We also introduce modern ensemble technologies such as bagging, boosting and random forests. We compare these methods via a simulation study and illustrate them through a German credit dataset.

An Integrated Approach to Measuring Supply Chain Performance

  • Theeranuphattana, Adisak;Tang, John C.S.;Khang, Do Ba
    • Industrial Engineering and Management Systems
    • /
    • v.11 no.1
    • /
    • pp.54-69
    • /
    • 2012
  • Chan and Qi (SCM 8/3 (2003) 209) developed an innovative measurement method that aggregates performance measures in a supply chain into an overall performance index. The method is useful and makes a significant contribution to supply chain management. Nevertheless, it can be cumbersome in computation due to its highly complex algorithmic fuzzy model. In aggregating the performance information, weights used by Chan and Qi-which aim to address the imprecision of human judgments-are incompatible with weights in additive models. Furthermore, the default assumption of linearity of its scoring procedure could lead to an inaccurate assessment of the overall performance. This paper addresses these limitations by developing an alternative measurement that takes care of the above. This research integrates three different approaches to multiple criteria decision analysis (MCDA)-the multiattribute value theory (MAVT), the swing weighting method and the eigenvector procedure-to develop a comprehensive assessment of supply chain performance. One case study is presented to demonstrate the measurement of the proposed method. The performance model used in the case study relies on the Supply Chain Operations Reference (SCOR) model level 1. With this measurement method, supply chain managers can easily benchmark the performance of the whole system, and then analyze the effectiveness and efficiency of the supply chain.

Development of CRS-Korea II and its Application to Setting the Priority of Toxic Chemicals for Local Provinces (개선된 화학물질 우선순위 선정 기법(CRS-Korea II)과 그 활용을 통한 지역별 유독물 우선순위의 도출)

  • Choi Seung Pil;Park Hoa Sung;Lee Dong Soo;Shin Yong Seung;Kim Ye Shin;Shin Dong Chun
    • Environmental Analysis Health and Toxicology
    • /
    • v.20 no.4 s.51
    • /
    • pp.311-325
    • /
    • 2005
  • A chemical ranking and scoring system, CRS - Korea, has recently been developed and proposed to use to prioritize on a screening level the toxic chemicals for monitoring and risk assessment. As CRS-Korea requires rigorous assessments prior to its wide application, an assessment was conducted in this study by examining the contribution of individual parameter score to the final chemical score or ranking. The sensitivity of the system to the default values for various parameters of missing data was also tested. The chemical ranking/score was round to depend primarily on the score of a single parameter, i. e., the chemical release, while toxicity scores show little correlation with the priority Further analysis indicated that the dominating effect of the chemical release results from i) its multiplicative relationship with the other two exposure parameters (biodegradation and persistent) and ii) the fact that a maximum score of 10 was assigned to the chemical release parameter while 5 was assigned for all others. AE the fraction of the data that are missing exceeded $70\%$ for various toxicity parameters at compared to less than $10\%$ for exposure parameters, the sensitivity of the ranking to the default value was not significant (rank correlation coefficient = 0.98) for toxicity parameters. Bated on this assessment, an improved CRS system (CRS - Korea II) was proposed in which the impact of the chemical release was properly adjusted by changing the multiplicative relationship to additive one and the maximum score to 5. Chemical priority was derived for each of 16 provinces by using CRS-Korea II. The chemical priority was found to significantly vary among the provinces. It was concluded that not only the national chemical priority but the local chemical priority should be taken into account in setting the nationwide chemical monitoring and risk assessment strategy.