• Title/Summary/Keyword: Business Rules

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Using Prolog/XML for business rules implementation system design (Prolog/XML를 이용한 비즈니스 룰(Business Rule) 분석 시스템 설계)

  • 권순덕;이원조;이단영;고재진
    • Proceedings of the Korean Information Science Society Conference
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    • 2002.04b
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    • pp.94-96
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    • 2002
  • 본 논문에서는 EDI(Electronic Data Interchange)와 WorkFlow 시스템에서 가지고 있는 비즈니스 룰 (Business Rule)을 논리 프로그램인 Prolog를 이용해서 각 비즈니스 룰을 분석하고 각각의 프로세스를 완전한 수행을 할 수 있는 시스템을 설계한다.

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DYNAMIC SELECTION OF DISPATCHING RULES BY ARTIFICIAL NEURAL NETWORKS

  • Lee, Jae-Sik
    • Management Science and Financial Engineering
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    • v.3 no.2
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    • pp.29-43
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    • 1997
  • Many heuristics have been developed in order to overcome the computational complexity of job shop problems. In this research, we develop a new heuristic by selecting four simple dispatching rules, i.e., SPT, LPT, SR and LR, dynamically as scheduling proceeds. The selection is accomplished by using artificial neural networks. As a result of testing on 50 problems, the makespan obtained by our heuristic is, on the average, 13.0% shorter than the longest makespan, and 0.4% shorter than the shortest makespan obtained by existing dispatching rules.

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The Liability and Limitation of Liability Regime in the Rotterdam Rules (로테르담 규칙상의 운송인의 책임)

  • Lee, Shie-Hwan
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.42
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    • pp.189-210
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    • 2009
  • The United Nations General Assembly adopted the United Nations Convention on Contracts for the International Carriage of Goods Wholly or Partly by Sea(hereinafter referred to as "The Rotterdam Rules") on 11 December 2008. Rotterdam Rules aims to create a contemporary and uniform law providing for modern door-to-door container transport including an international sea leg. but not limited to port-to port carriage of goods. The structure of the liability regime in Rotterdam Rules are globally close to that of the Hague-Visby Rule even though it differs from that of the Hague-Visby Rules in some significant aspects. The Rotterdam Rules are very long. Therefore the Rotterdam Rules will be difficult to understand for even the skilled ship operator or owner or charterer or shipper or consignee or receiver because they are so complicated. This paper only seeks to highlight the salient features of the liability and limitation of liability regime under the Rotterdam Rules. It is expected that the harmonization and modernization of the international legal regime. coupled with the bold attempt to balance the carrier and cargo interests should lead to an overall reduction in transaction costs. increased predictability and greater commercial confidence for international business transactions.

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A Study to Improve the Return of Stock Investment Using Genetic Algorithm (유전자 알고리즘을 이용한 주식투자 수익률 향상에 관한 연구)

  • Cho He Youn;Kim Young Min
    • The Journal of Information Systems
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    • v.12 no.2
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    • pp.1-20
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    • 2003
  • This paper deals with the application of the genetic algorithm to the technical trading rule of the stock market. MACD(Moving Average Convergence & Divergence) and the Stochastic techniques are widely used technical trading rules in the financial markets. But, it is necessary to determine the parameters of these trading rules in order to use the trading rules. We use the genetic algorithm to obtain the appropriate values of the parameters. We use the daily KOSPI data of eight years during January 1995 and October 2002 as the experimental data. We divide the total experimental period into learning period and testing period. The genetic algorithm determines the values of parameters for the trading rules during the teaming period and we test the performance of the algorithm during the testing period with the determined parameters. Also, we compare the return of the genetic algorithm with the returns of buy-hold strategy and risk-free asset. From the experiment, we can see that the genetic algorithm outperforms the other strategies. Thus, we can conclude that genetic algorithm can be used successfully to the technical trading rule.

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A Study on Comparison of Commercial Arbitration System in Korea and U.S.A. (한국과 미국의 상사중재제도에 관한 비교연구)

  • 이강빈
    • Journal of Arbitration Studies
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    • v.12 no.1
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    • pp.271-321
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    • 2002
  • Every year, many million of business transactions take place. Ocassionally, disagreements develop over these business transactions. Many of these disputes are resolved by mediation, arbitration and out-of-court settlement options. The American Arbitration Association(AAA) helps resolve a wide range of disputes through mediation, arbitration, elections and other out-of-court settlement procedures. The AAA offers a broad range of dispute resolution services to business executives, attorneys, individuals, trade associations, unions, management, consumers, families, communities, and all level of governments. The 198,491 cases composed of the 194,303 arbitration cases and the 4,188 mediation cases, were filed with the AAA in 2000. These case filings represent a full range of matters, including commercial finance, construction, labor and employment, environmental, health care, insurance, real state, securities, and technology disputes. The Korean Commercial Arbitration Board (KCAB) does more than render arbitration services. It helps facilitate settlements and guarantee implementation thereof between trading partners at home and abroad involving disputes related to such areas as the sale of commodities, construction, joint venture agreements, technical assistance, agency agreements, and maritime transport. The 643 cases composed of the the 197 arbitration cases and the 446 mediation cases, were filed with the KCAB in 2001. There are some differences between the AAA and the KCAB regarding the number and the area of mediation and arbitration case filings, the breath of service offerings, the scope of alternative dispute resolution, and the education and training. In order to apply to the proceedings of the commercial mediation and arbitration, the AAA has the Commercial Mediation Rules, the Commercial Arbitration Rules, the Expedited Procedures, the Optional Procedures for Large, Complex Commerical Dispute, and the Optional Rules for Emergency Measures of Protection as amended and effective on September 1, 2000. In order to apply to the proceedings of commercial arbitration, the KCAB has the Arbitration Rules as amended by the Supreme Court on April 27, 2000, which have been changed to incorporate the revisions of the Arbitration Act that went into effect on December 31, 1999. There are some differences between the AAA's commercial Arbitration Rules and the KCAB's Arbitration Rules regarding the clauses of jurisdiction and administrative conference, number of arbitrators, communication with arbitrator, vacancies, preliminary hearing, exchange of information, oaths, evidence by affidavit and posthearing filing of documents or others, interim measures, serving of notice, form of award, scope of award, delivery of award to parties, modification of award, release of liability, administrative fees, neutral arbitrator's compensation, and expedited procedures. In conclusion, for the vitalization of KCAB and its ADR system, the following measures should be taken : the effective case management, the development of on0-line ADR, the establishment of ADR system of electronic commerce disputes, and the variety of dispute resolution rules in each expert field.

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Framework for Supporting Business Services based on the EPC Network (EPC Network 기반의 비즈니스 서비스 지원을 위한 프레임워크)

  • Nam, Tae-Woo;Yeom, Keun-Hyuk
    • The KIPS Transactions:PartD
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    • v.17D no.3
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    • pp.193-202
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    • 2010
  • Recently, there have been several researches on automatic object identification and distributed computing technology to realize a ubiquitous computing environment. Radio Frequency IDentification (RFID) technology has been applied to many business areas to simplify complex processes and gain important benefits. To derive real benefits from RFID, the system must rapidly implement functions to process a large quantity of event data generated by the RFID operations and should be configured dynamically for changing businesses. Consequently, developers are forced to implement systems to derive meaningful high-level events from simple RFID events and bind them to various business processes. Although applications could directly consume and act on RFID events, extracting the business rules from the business logic leads to better decoupling of the system, which consequentially increases maintainability. In this paper, we describe an RFID business aware framework for business processes in the Electronic Product Code (EPC) Network. This framework is proposed for developing business applications using business services. The term "business services" refers to generated events that can be used in business applications without additional data collection and processing. The framework provides business rules related to data collection, processing, and management, and supports the rapid development and easy maintenance of business applications based on business services.

Mining Association Rules of Credit Card Delinquency of Bank Customers in Large Databases

  • Lee, Young-Chan;Shin, Soo-Il
    • Journal of Intelligence and Information Systems
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    • v.9 no.2
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    • pp.135-154
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    • 2003
  • Credit scoring system (CSS) starts from an analysis of delinquency trend of each individual or industry. This paper conducts a research on credit card delinquency of bank customers as a preliminary step for building effective credit scoring system to prevent excess loan or bad credit status. To serve this purpose, we use association rules as a rule generating data mining technique. Specifically, we generate sets of rules of customers who are in bad credit status because of delinquency by association rule mining. We expect that the sets of rules generated by association rule mining could act as an estimator of good or bad credit status classifier and basic component of early warning system.

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Group-wise Keyword Extraction of the External Audit using Text Mining and Association Rules (텍스트마이닝과 연관규칙을 이용한 외부감사 실시내용의 그룹별 핵심어 추출)

  • Seong, Yoonseok;Lee, Donghee;Jung, Uk
    • Journal of Korean Society for Quality Management
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    • v.50 no.1
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    • pp.77-89
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    • 2022
  • Purpose: In order to improve the audit quality of a company, an in-depth analysis is required to categorize the audit report in the form of a text document containing the details of the external audit. This study introduces a systematic methodology to extract keywords for each group that determines the differences between groups such as 'audit plan' and 'interim audit' using audit reports collected in the form of text documents. Methods: The first step of the proposed methodology is to preprocess the document through text mining. In the second step, the documents are classified into groups using machine learning techniques and based on this, important vocabularies that have a dominant influence on the performance of classification are extracted. In the third step, the association rules for each group's documents are found. In the last step, the final keywords for each group representing the characteristics of each group are extracted by comparing the important vocabulary for classification with the important vocabulary representing the association rules of each group. Results: This study quantitatively calculates the importance value of the vocabulary used in the audit report based on machine learning rather than the qualitative research method such as the existing literature search, expert evaluation, and Delphi technique. From the case study of this study, it was found that the extracted keywords describe the characteristics of each group well. Conclusion: This study is meaningful in that it has laid the foundation for quantitatively conducting follow-up studies related to key vocabulary in each stage of auditing.

A Study on the Business Investment and Operation of O2O (Online-To-Offline) Combined Services by Industry (산업별 O2O 결합 서비스의 비즈니스 투자 및 운영에 관한 연구)

  • Jung, Byoungho;Joo, Hyungkun
    • Journal of Korea Society of Digital Industry and Information Management
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    • v.18 no.2
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    • pp.93-110
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    • 2022
  • The purpose of this study is to explore business investment and operation of O2O (Online-To-Offline) combined service. The study will analyze the necessary factors for growing the business by dividing the O2O service by industry. The Online-to-Offline is a method of inducing purchases of products and services by connecting between online and offline This research methodology organized the four stages of the analysis process. The analysis of all stages was performed with association rules in big data techniques. It is divided into the start-up period, growth period, maturity period, and decline period, and analysis is conducted on the business investment, expenditure cost, business operation, and conflict factors. As the research result, the first analysis has shown commonality with government subsidies, bank loans, and personal funds in all industries. The second analysis showed a lot of expenditure on labor costs of internal employees, marketing/sales, facility facilities, equipment, and equipment purchase costs. The third analysis showed difficulty in raising the investment resources necessary for business operations in all industries. The last analysis showed conflicts in the industry, businesses license, legal systems, and small business owners in all industries. This study contributed to the abundance and diversity of research methodologies in management information systems using association rules. In addition, the description of organizational development theory was updated while explaining the business investment and operation of O2O combined services. In practical implication, the O2O services include environmental factors that cause convergence between industries. Accordingly, this is required for new O2O services through new laws and systems and reorganization of existing laws and regulations.

Use Case Diagram Extraction Technique from Requirements Specification (요구사항 기술서로부터 유스케이스 다이어그램의 추출기법)

  • Yu, Cheol-Jung;Jeong, So-Yeong
    • The KIPS Transactions:PartD
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    • v.9D no.4
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    • pp.639-650
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    • 2002
  • We have to carry out systematic, definite requirements analysis for the successful development of software. The UML gives the ways to grasp user or customer requirements and decide the boundary of business systems from the use case modeling. This paper presents how to extract use case diagram from the requirements specification systematically by applying the standardized rules as a part of the study for use case modeling. We modify requirements specification by applying $R_{RS}$ (Rules for Requirements Specification) and extract actor, use case, relationship by applying $R_{A}$(Rules for Actors), $R_{U}$(Rules for Use Cases) and $R_{R}$(Rules for Relationships) to the modified requirements specification separately and then become to make out use case diagram in the end. By applying the rules presented in this paper to the requirements specification for personnel management, we can reduce the existing difficulties of extracting use case diagram based on the narrative descriptions without any standardized rules.rules.