• Title/Summary/Keyword: Analytic Hierarchical Process

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A Case Study on Feasibility Analysis of Business Information Systems Investment using AHP (AHP기법을 활용한 기업정보화 투자타당성 분석 사례 연구)

  • Oh, Sang-Young;Ha, Dae-Yong
    • Journal of Information Technology Applications and Management
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    • v.13 no.4
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    • pp.303-319
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    • 2006
  • Business Information Systems are strategic applications to achieve companies' goals and innovation. This idea make companies invest their time and budget in the Information Systems. However, it is difficult to forecast effects of the investment in Information Systems and it causes hesitation of making decision. Thus, I researched a case so that I could forecast the effect of the information systems using AHP(analytic hierarchical process). In this study, I approached this matter with three views such as intelligence(review of prior literature), design(methodology development), and application. This study is significant in terms of practicality rather than theoretical dimension. Particularly, I suggested a way of quantifying in monetary value the quality aspects through inverting qualitative facts to quantitative facts and calculated the investment feasibility with it.

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An Analytic Network Process Model for Ranking Decision of Intelligent Building System (지능형 빌딩 시스템(IBS)의 등급 결정을 위한 ANP 모형 -IBS 구현 이득을 기준으로-)

  • You, Su-Hyun;Kim, Sheung-Kown
    • IE interfaces
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    • v.13 no.2
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    • pp.234-245
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    • 2000
  • In this paper, the conceptual framework of IBS(Intelligent Building Systems) is redefined, and we propose two ANP(Analytic Network Process) models for ranking IBS. Traditional models have ranked IBS according to technical features or the number of elements in IBS. But, we consider relative functional importance among IBS elements for efficient building operation. According to the structure of interactive-relationship among IBS elements, we present two types of model. The one is Model A that is composed of both hierarchical and network structures. It has $12{\times}12$ supermatrix consists of interdependent relationship between 6 benefit elements(Productivity, Saving, Safety, Convenience, Pleasantness, Environment Affinity) and 6 IBS elements(Building Operation, Security, Safety, Telecommunication(TC), Office Automation(OA), other elements). Each of 6 IBS elements has subelements in hierarchical structure. The other is Model B that has $25{\times}25$ supermatrix consists of interdependent relationship between 6 benefit elements and 19 IBS sub elements. Merits and demerits of each model are discussed in detail.

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A Study on Competition Strategy of Korail's Logistics Services Using Hierarchical Fuzzy Process and Fuzzy Relation Equation (Hierarchical Fuzzy Process법 및 퍼지관계방정식을 이용한 철도물류서비스의 경쟁우위 전략에 관한 연구)

  • Yoo Seung-Yeul;Lee Jae-Won;Kwan Yong-Jang
    • Journal of the Korean Society for Railway
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    • v.9 no.4 s.35
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    • pp.432-440
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    • 2006
  • Prior to the service evaluation, many kinds of its attributes must be identified on the basis of rational decision owing to complexity and ambiguity inherent in logistics service. there are so many evaluation methods but they are not applicable to logistics service the have property of non-additivity and overlapped attributes. Therefore, probability measure can not used to evaluate logistics service but Fuzzy Measure is required. And the method should be easy to calculate it Recently Fuzzy theory has been applied in Various evaluation problem. Fuzzy evaluation based on Fuzzy theory can accommodate fuzziness in judgement with people through introducing Fuzzy Measure. In this paper, Hierarchical Fuzzy Process is applied to evaluate level of logistics service in Korail and the biggest six logistics companies in the korea which is called 3PL Company. Also Fuzzy Relation Equation which is problem identifying evaluation value at these fuzzy evaluation is applied to verify relation between Input and Output data through @-operation. Therefore, we apply this Fuzzy Relation Equation to Hierarchical Fuzzy Process and verify evaluation value which objects of evaluation are able to possess.

Developing the Stage Evaluation Model for e-Business Company using Analytic Hierarchy Process (분석적 계층기법을 활용한 e-Business 기업의 초기투자단계 및 성장단계별 평가모형의 개발)

  • Choi, Hye-Jin;Han, In-Goo;Oh, Kyong-Joo
    • Asia pacific journal of information systems
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    • v.15 no.1
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    • pp.45-61
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    • 2005
  • This study develops the evaluation model for e-Business company using analytic hierarchy process. As the first step of this study, we derived the appraisal standards based on the previous literature and the knowledge of experts from venture capitalists, security companies, credit evaluation companies, and consulting firms. In order to validate the evaluating factors in the models, this study was supported by analysts of top ranked venture capitalists in Korea. Through their assistance, this study can determine necessary evaluating factors that refined and deepened the models. Four expert groups, such as venture capitalists, credit analysts, analysts of security company and e-Business consultants, provide their knowledge for the determination of the weights of evaluating factors in the hierarchical model through the questionnaires and interviews. The results show that the weights of the evaluating factors differed by the maturity of e-Business company.

Development of an Analytic Hierarchy Process Model for the Bidder Selection of a Large Construction Project (대형공사의 최적입찰자 선정을 위한 계층분석과정(AHP) 모형의 개발)

  • 정병호;조권익
    • Korean Management Science Review
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    • v.16 no.1
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    • pp.75-85
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    • 1999
  • In recent, an unfaithful construction bring about many social problems. The bidding process considering bidding price firstly is one of the reasons raising an unfaithfull construction work. Thus, we should consider many other criteria including bidding price in the bidder selection process. This paper suggests an analytic hierarchy process(AHP) model for selecting the best bidder of a large construction project. A questionnaire was used to obtain domain experts' opinion about criteria to be considered in the bidding process. A hierarchical structure of the AHP model is formed using criteria obtained in the survey. The model consists of bidding price, construction capability, financial status, faith, and their 17 sub-attributes. The relative importance of bidders are judged by pairwise comparison or absolute measurement. An illustrative example is given to show the process selecting the best bidder using the suggested AHP model.

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Integrating Balanced Scorecard and Analytic Hierarchy Process Techniques for Evaluating Corporate Performance

  • Sohn, Myung-Ho;Park, Sungbum;Lee, Heeseok
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 2001.10a
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    • pp.111-115
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    • 2001
  • A good business performance measurement system is an effective tool io sustained growth in profits. Although interest in creating performance measurement models is widespread, a well-designed system is rare. To be successful in today's competitive environment, a performance measurement system should incorporate strategic success factors and contain financial and non-financial measuring index to carry out strategic management. In the 1990s, Kaplan & Norton introduced a concept called the Balanced Scorecard. The Balanced Scorecard supplements traditional financial measures with criteria that measured performance from three additional perspectives - those perspectives of customers, internal business processes, and learning and growth. This paper presents five measuring index criteria for each perspective. To calculate the relative priority for These measuring index, we investigate weights investigated by interviews with management consultant. Then, AHP method is employed for calculating priority weight. Our evaluation model may be referred to as the Balanced Analytic Hierarchical Performance Model(BAHPM) in the sense that the analytic hierarchical scheme, along with the AHP, is applied. The BAHPM is the first kind of analytical model to cover a wide variety of measures. In comparison with previous evaluation models, our model shows strengths in structural flexibility, ease of incorporating feedback, group evaluation capacity, participation promotion, sensitivity analysis, and computational simplicity. A prototype based on the BAHPM can be applied to various industry sectors.

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A Study on Weighing the Critical Factors of Building a New Deep Seaport System: the Case of Lach Huyen, Vietnam

  • Loi, Le-Quoc;Park, Sung-Hoon;Yeo, Gi-Tae
    • Journal of Navigation and Port Research
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    • v.45 no.2
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    • pp.54-60
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    • 2021
  • The aim of this study is to determine the critical factors and construction requirements for a new deep-water seaport system in the Lach Huyen area in northern Vietnam. In this study, the Analytic Hierarchical Process (AHP ) method was used to evaluate the importance of the criteria and subcriteria. The results were as follows: the principal criterion "geographical location (0.151)" ranked as the most important criterion for building a new deep-water port system, which is affected by the subcriteria "direct sea route with mega-vessel" and "good liner connectivity index". The principal criterion "port competency (0.145)" ranked second; thus, it can be concluded that good competitiveness of a port' will provide many benefits to the port and the region. Regarding the implication, the established evaluation framework can be used for port construction to make a more reasonable judgment. In a future study, the scope of evaluation factors should be widened, involving participation of broader stakeholders, such as shipping companies, forwarders, and logistics companies.

Aggregation of Multiple Evaluator's Weights in Applying the AHP to Evaluate Technology Alternatives (기술대안의 전략적 평가를 위한 AHP적용에 있어서 평가자 신뢰성을 고려한 가중치 통합)

  • 조근태
    • Korean Management Science Review
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    • v.19 no.2
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    • pp.139-153
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    • 2002
  • The Analytic Hierarchy Process (AHP) is known as a very useful decision-making model developed for obtaining the relative weights of alternatives through pairwise comparison in the context of hierarchical structure. In this paper, we propose a method to reflect the reliability of evaluators in the process of pairwise comparison. This method is applied to the evaluation of aerospace technology alternatives. We have conducted a questionnaire survey for S company that is one of the representative aerospace companies in Korea. A questionnaire was designed for obtaining both the priority with considering the reliability of evaluators' importance weights (the modified AHP priority) and the priority with assuming equally reliable evaluators' importance weights (the AHP priority) in order to compare the priority derived by each of two methods. The result shows that there exists the difference hard to neglect between the final priorities gained by two methods.

A Study on Priority Setting for Promising Technology in Division of Senior Friendly Product using the AHP (AHP를 이용한 고령친화제품 유망기술의 우선순위 설정에 관한 연구)

  • Yoo, Jae Seong
    • Journal of the Korea Safety Management & Science
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    • v.17 no.2
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    • pp.207-214
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    • 2015
  • The purpose of this paper is an application of AHP(Analytic Hierarchy Process) in the priority setting of promising technology in division of senior friendly product based on the previous studies. In this paper, the decision criteria for evaluating promising technologies in division of senior friendly product are identified and the hierarchical structure of decision making process is developed systematically. Subsequently the values of weights for relative importance among decision criteria are derived using AHP methodology, and the score of importance of promising technology in division of senior friendly product with respect to each criterion is evaluated. Finally the score of each promising technology in division of senior friendly product is quantified in order to prioritize them. We discuss implications of our results with a viewpoint of technology policy in division of senior friendly product.

Evaluation of the Operation Quality of Port Using AHP

  • Thao, Ngo Phuong;Yoon, Dae-Gwun
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2016.05a
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    • pp.239-241
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    • 2016
  • The success or failure of businesses affected by the decision makers, when good decisions go in the direction of social development, the ability to be more successful, while one bad decision away contrary to the trend of social development are less likely to succeed. Today AHP method is widely used to solve critical problems in many areas of life. Analytic Hierarchy Process (AHP) is a quantitative comparison method is used to select a preferred solution using comparable pairs of solutions based on their relative effectiveness against criteria. The purpose of this study is provide an overview of the application of hierarchical analysis methods to solve many different important issues in the field of supply chain management.

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