• Title/Summary/Keyword: Data exchange

Search Result 3,293, Processing Time 0.029 seconds

The Application of Fuzzy Delphi Method in Forecasting of the price index of stocks (주가지수의 예측에 있어 Fuzzy Delphi 방법의 적용)

  • 김태호;강경식;김창은;박윤선;현광남
    • Journal of Korean Society of Industrial and Systems Engineering
    • /
    • v.15 no.26
    • /
    • pp.111-117
    • /
    • 1992
  • In the stock marketing. investor needs speedy and accurate decision making for the investment. A stock exchange index provides the important index of the early of 1993 in Korea using Fuzzy Delphi Method(F. D. M) which is widely used to a mid and long range forecasting in decision making problem. In the Fuzzy Delphi method, considerably qualified experts an first requested to give their opinion seperately and without intercommunication. The forecasting data of experts consist of Triangular Fuzzy Number (T.F.N) which represents the pessimistic, moderate, and optimistic forecast of a stock exchange index. A statistical analysis and dissemblance index are then made of these subject data. These new information are then transmitted to the experts once again, and the process of reestimation is continued until the process converges to a reasonable stable forecast of stock exchange index. The goal of this research is to forecast the stock exchange index using F.D.M. in which subjective data of experts are transformed into quasi -objective data index by some statistical analysis and fuzzy operations. (a) A long range forecasting problem must be considered as an uncertain but not random problem. The direct use of fuzzy numbers and fuzzy methods seems to be more compatible and well suited. (b) The experts use their individual competency and subjectivity and this is the very reason why we propose the use of fuzzy concepts. (c) If you ask an expert the following question: Consider the forecasting of the price index of stocks in the near future. This experts wi11 certainly be more comfortable giving an answer to this question using three types of values: the maximum value, the proper value, and the minimum value rather than an answer in terms of the probability.

  • PDF

Potential Knowledge Complementarities and Knowledge Exchange in Supply Channel Partners (공급망 참여 기업간 잠재적 지식 상호보완성과 지식 교환)

  • Ryoo, Sung-Yul;Kim, Kyung-Kyu
    • Asia pacific journal of information systems
    • /
    • v.19 no.1
    • /
    • pp.83-111
    • /
    • 2009
  • Despite the growing emphasis on the importance of knowledge exchange among supply chain participants, few companies have fully exploited the knowledge resources held by their supply chain partners. Among many reasons for this phenomenon, recent literature on inter-firm knowledge exchange identifies knowledge complementarities between the supply channel partners as an important determinant of knowledge exchange. Firms participating in a supply chain are likely to exchange partners' complementary knowledge. In order to extract value from them, it is important to recognize the difference between the potential value and the implementation of this potential value. However, the literature fails to distinguish between potential knowledge complementarities and implemented knowledge complementarities. In order to realize the value of potential knowledge complementarities, knowledge should be exchanged and effectively integrated in the supply channel. Further, investigating inter-firm knowledge exchange from both partners' perspectives is important especially when there are interdependencies between the channel partners. The purpose of this research is to investigate the impact of potential knowledge complementarities on knowledge exchange in buyer-supplier relationships by looking at both partners' perspectives. This research also includes trust in partner's competence and inter-organizational information systems (IOIS) as they are relevant when the complementary knowledge flows between organizations. The data required for this field study was collected from 70 buyers and their suppliers in three multinational enterprises in two different industries (Automobile manufacturing and Telecommunication services) headquartered in Korea. The results indicate that potential knowledge complementarities between buyer and supplier do not directly influence knowledge exchange, but indirectly through trust in partner's competence. And the results indicate that competence-based trust and IOIS have direct effects on knowledge exchange. Empirical results also show that IOIS moderates the relationship between potential knowledge complementarities and knowledge exchange. This study is a first attempt to empirically verify the theoretical model about potential knowledge complementarities and to investigate the impact of potential knowledge complementarities on interfirm knowledge exchange. From a theoretical perspective, this study not only clarifies the distinction between potential knowledge complementarities and implemented knowledge complementarities, but also develops an instrument to measure the concept of potential knowledge complementarities in the context of operational and planning knowledge in a supply chain. Further, we develop a theoretical framework suggesting that potential knowledge complementarities of partners in a supply chain affect knowledge exchange directly and indirectly through competence-based trust. The findings from this study have some managerial implications for practicing managers as well. First, buyers should search for suppliers that have potential complementary knowledge, which can be integrated to create synergy through interfirm knowledge exchange. Furthermore, firms must develop mechanisms to identify potential complementary knowledge of partners. Second, firms should continue their endeavor to develop their own unique knowledge so that their knowledge can benefit the entire supply channel. Finally, trust among supply chain partners turns out to be an important factor for interfirm knowledge exchange. Therefore, effective management for engendering trustworthy buyer-supplier relationships should receive appropriate attention from managers.

Integration of CAD & PDM on web distributed environment using XML-based web service

  • Yahya, Bernardo Nugroho;Cho, Jeoung-Sung
    • 제어로봇시스템학회:학술대회논문집
    • /
    • 2004.08a
    • /
    • pp.1061-1066
    • /
    • 2004
  • It is certain that the future manufacturing environment will be network-centric and spatially distributed based on Internet. Today, wide variety of distributed computing and communication technologies are available for implementing a system for product data exchange and sharing. One of the technologies that have been received most attentions for product data exchange and sharing is Product Data Management (PDM). PDM tries to integrate and manage process of data and technical documents that are connected to physical product components. In accordance to previous researches about PDM, it can be regarded as an integration tool of many different areas, which ensures that the right information is available to the right person at the right time and in the right form throughout the enterprise. PDM with Web-enabled CAD system is proposed in this paper in order to acknowledge the usefulness of the system mentioned. The system will use Web service on Visual Studio C#.Net to invoke the web application system.

  • PDF

Healing of STEP AP214 Automotive CAD Data (STEP AP214 자동차 설계 데이터 정리 시스템)

  • 양정삼;한순흥
    • Korean Journal of Computational Design and Engineering
    • /
    • v.7 no.3
    • /
    • pp.170-176
    • /
    • 2002
  • To exchange CAD data between heterogeneous CAD systems, we generally use a neutral format especially STEP, which is the international standard (ISO-10303) for product model data exchange. AP214 (Application Protocol) for the automotive industry not only takes into account geometry and organizational data, but also provides a classification mechanism for product modeling. When reading a STEP file during a design process that is exported from other CAD systems, it is a burden to a designer to go through the tedious process of removing duplicate or non-manifold entities, adjusting parts, and rearranging text. We analyze the structure of AP214 and develop a healing tool to solve the following problem. Without the assembly information in the Master workspace of CATIA, or to read a STEP file from Pro/Engineer, a designer should do a repetitive process of disintegrating an assembly into parts one by one. We have developed a post-processing tool for STEP AP214 that separates out a part from an assembly model and adjusts superfluous or useless entities using the ACIS kernel.

Design and implementation of algorithms for DB2XML using XPath query (XPath 질의를 이용한 DB2XML 알고리즘 설계 및 구현)

  • 김노환;정충교
    • Journal of the Korea Computer Industry Society
    • /
    • v.2 no.6
    • /
    • pp.837-844
    • /
    • 2001
  • XML has already been settled down as a standard for the exchange of commercial data on the web. Though most institutions have a wish to use XML document as an EDI form for all sorts of document exchange, it is unfortune that previous commercial data is still saved in the relational form of data base. Therefore, it is necessary that data saved in the relational form of data base be transformed into XML document form for the better use of document exchange. In order to transform relational form of data base to XML, one solution is to publish XML document by way of mapping each field of the relational form of data base table onto XML. However, in the case of building one XML document out of more i~km two data base tables, a join should be performed since a mere mapping associated with DTD tan not solve the problem. In this paper, we build the view for the XML in which alignments generated from the join are presented. and then through this view the contents with the relational form of data base should be transformed into XML. Briefly speaking, This paper aims to propose algorithm concerned with this transformation and to realize it.

  • PDF

Long-Run Exchange Rates, Price Levels, and Purchasing Power Parity: Cointegration Tests of Five Korea Trading Partners' Currencies

  • Gong, Jai-Sik
    • The Korean Journal of Financial Studies
    • /
    • v.6 no.1
    • /
    • pp.313-334
    • /
    • 2000
  • In this paper, we obtained some supportive evidence for the long-run PPP relationship concerning the Korean Won currency. Previous tests of PPP in the bilateral exchange rates of the Korean Won rate vis-a-vis the U.S. Dollar have been exposed to the lack of power problem. We argue that their failure to find PPP relation in Korean Won rates was due to the low power of Augmented Dickey-Fuller tests or the Engle-Granger two-step tests applied to the Korean exchange rate data with short sample period. En attempting to alleviate this low power problem, we used the error-correction model test and the Johansen test for bilateral long-run equilibrium relationships between exchange rates and price indices from Korea's major trading partners. It is surprising that our evidence supporting for long-run PPP in Korean Won rate contrasts sharply with Bahmani-Oskooee, Moshen and Rhee, Hyun-Jae(1992)'s.

  • PDF

In Vitro Controlled Release of Piracetam with Coated Ion-Exchange Resin (이온교환수지를 이용한 피라세탐의 in vitro 방출조절)

  • Hwang, Young-Sook;Lee, Kyung-Tae;Seo, Seong-Hoon
    • Journal of Pharmaceutical Investigation
    • /
    • v.29 no.2
    • /
    • pp.105-109
    • /
    • 1999
  • The sustained release of piracetam by complexation with ion exchange resin was prepared. The complex was coated with Eudragit RS100 and their releases in vitro were conducted with various different kinds of medium solution. Dissolution rate increased as ionic strength, acidity and drug concentrations increased and reached its maximal plateau concentration within 5 min. Based on these data, The controlled release of piracetam using ion-exchange piracetam complex coated with Eudragit RS100 could be available.

  • PDF

Knowledge Sharing in Co-worker Relationships: Interaction Effect of Quality of Co-worker Exchange and Learning Goal Orientation (동료 간 지식공유에 관한 연구: 동료관계의 질과 목표성향의 상호작용효과)

  • Kim, Boyoung
    • Knowledge Management Research
    • /
    • v.17 no.4
    • /
    • pp.147-162
    • /
    • 2016
  • Knowledge sharing has many benefits; however, employees are generally reluctant to share their knowledge with co-workers. This reluctance can be attributed to the facts that sharing knowledge involves the threat of losing personal competitiveness and the codification of knowledge for sharing requires additional effort. This study explains why employees engage in knowledge sharing despite the threat and cost of sharing knowledge. Specifically, it examines the effects of the quality of co-worker exchange (CWX) on knowledge sharing and the moderating effect of learning goal orientation on the relationship between CWX and knowledge sharing. Data from 186 individuals indicate that there is a positive relationship between CWX and knowledge sharing, and that this relationship is strengthened when learning goal orientation is low rather than when it is high. The theoretical and practical implications of the findings are also discussed.

Emerging Trends of Financial Markets Integration: Evidence from Pakistan

  • Ahmed, Irfan
    • The Journal of Asian Finance, Economics and Business
    • /
    • v.1 no.1
    • /
    • pp.15-21
    • /
    • 2014
  • This study investigates extensively the integration of various segments of financial markets (i.e. money market, lending and deposit market, exchange rate market, and capital market) both domestically and internationally. Cointegration approach is employed in the study to find out long term relationship among the variables. Data are on a monthly interval for the period spreads over 2001 to 2010. The results show no evidence of cointegration between money market and exchange rate market and between capital market and exchange rate market of Pakistan. On the other hand, international financial markets integration is also investigated and the findings revealed that domestic money market rates of Pakistan and USA are not cointegrated. Whereas, an evidence of cointegration between capital markets of Pakistan and USA is found in this study.

An Empirical Investigation on the Interactions of Foreign Investments, Stock Returns and Foreign Exchange Rates

  • Kim, Yoon-Tae;Lee, Kyu-Seok;Shin, Dong-Ho
    • Communications for Statistical Applications and Methods
    • /
    • v.9 no.1
    • /
    • pp.141-154
    • /
    • 2002
  • Foreign investors'shares and their influences on the Korean stock market have never been larger and greater before since the market was completely open to foreign investors in 1992 Quantitatively and qualitatively as well, as a result, changes in the patterns of foreign investments have caused enormous effects on the interactions of major macroeconomic indices of the Korean economy. This paper is intended to investigate the causal relations of the four variables, foreigners'buy-sell ratios, stock returns, ₩/$ exchange rates and $\yen$/$ exchange rates, over the two time periods of the pre-IMF (1996.1.1-1997.8.15) and the post-IMF (1997.8.16-2000.6.15) based on the daily data of the variables. Granger Causality Test, Forecast Error Variance Decomposition(FEVD) using VAR model and Impulse Response Function were implemented for the empirical analysis.