• Title/Summary/Keyword: Decision under risk

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Study on Applicability of Multi-Criteria Decision Making Technique for Malfunctioning Reservoir Selection (기능저하 저수지 선정을 위한 다기준 의사결정기법 적용성 연구)

  • Shim, Hyun Chul;Choi, Kyung Sook
    • Journal of The Korean Society of Agricultural Engineers
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    • v.59 no.3
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    • pp.11-19
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    • 2017
  • The decision-making process is the act of finding the best solution among various alternatives through comparison between various criteria based on objectives of the project, evaluation standard, and conditions. However, in practice it is not easy to simply decide the optimum decision, especially for selecting malfunctioning reservoirs because no systematic evaluation criteria or standard assessment process are available. Therefore, this study adopted AHP method, which is a MCDM (multi-criteria decision making technique) to identify the malfunctioning reservoirs for efficient management of reservoirs. Important criteria of the selection of malfunctioning reservoirs and priority weights of each criteria were determined based on results of expert's survey under a stepwise hierarchical approach. The most important factor for the decision of malfunctioning reservoirs was obtained as Reservoir efficiency among the selected criteria including Reservoir efficiency decrease, Disaster Risk, Reservoir efficiency, Available water storage, Future water demand, Resident Needs. The AHP technique was applied on 11 reservoirs in Andong region to verify its applicability. Scoring method was applied for the comparison with the results of AHP method.

Risk Management on Radiation Under Prolonged Exposure Situation - Focusing on the Tokyo Metropolitan Area in Japan Under the TEPCO Fukushima dai-ich NPP Accident -

  • Iimoto, Takeshi;Hayashi, Rumiko;Kuroda, Reiko;Furusawa, Mami;Umekage, Tadashi;Ohkubo, Yasushi;Takahashi, Hiroyuki;Nakamura, Takashi
    • International Journal of Safety
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    • v.11 no.1
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    • pp.33-36
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    • 2012
  • Examples and experiences of risk management on radiation under prolonged exposure situation are shown. The accident of the Fukushima dai-ichi nuclear power plant after the great east Japan earthquake (11 March, 2011) elevates background level of environmental radiation around the east Japan. For example, ambient dose equivalent rate around Tohkatsu area next to Tokyo located about 200 km-south from the plant, is about 0.1-0.6 micro-Sv $h^{-1}$ mainly due to $^{134}Cs$ and $^{137}Cs$ falling on the ground soil. This level is about double or up to ten times higher than the genuine natural level around the area. International Commission on Radiological Protection (ICRP) recommends how to face the existing exposure situation; that is the prolonged exposure situation. Referring to ICRP's reports and/or related international/domestic documents, we have been discussing and acting to gain public's safety and relief, who have a possibility to be exposed to prolonged lower-dose radiation. Here, we introduce our several experiences on risk management, especially focusing on risk communication, radiation education to public, and stakeholder involvements into making decision in local governments on radiation protection, relating to the accident.

Risk Management on Radiation under Prolonged Exposure Situation - Focusing on the Tokyo Metropolitan Area in Japan Under the TEPCO Fukushima Dai-ich NPP Accident -

  • Iimoto, Takeshi;Hayashi, Rumiko;Kuroda, Reiko;Furusawa, Mami;Umekage, Tadashi;Ohkubo, Yasushi;Takahashi, Hiroyuki;Nakamura, Takashi
    • International Journal of Safety
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    • v.10 no.2
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    • pp.6-9
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    • 2011
  • Examples and experiences of risk management on radiation under prolonged exposure situation are shown. The accident of the Fukushima dai-ichi nuclear power plant after the great east Japan earthquake (11 March, 2011) elevates background level of environmental radiation around the east Japan. For example, ambient dose equivalent rate around Tohkatsu area next to Tokyo located about 200 km-south from the plant, is about 0.1-0.6 micro-Sv $h^{-1}$ mainly due to $^{134}Cs$ and $^{137}Cs$ falling on the ground soil. This level is about double or up to ten times higher than the genuine natural level around the area. International Commission on Radiological Protection (ICRP) recommends how to face the existing exposure situation; that is the prolonged exposure situation. Referring to ICRP's reports and/or related international/domestic documents, we have been discussing how to manage this situation and acting to gain safety and relief of public, who have a possibility to be exposed to prolonged lower-dose radiation. Here, we introduce our several experiences on risk management, especially focusing on risk communication, radiation education to public, and stakeholder involvements into decision making in local governments on radiation protection, relating to the accident.

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Cost Risk Analysis for Preparing Budgets of Information Security using Fuzzy AHP (정보보안 예산 수립에서 퍼지 AHP의 적용을 통한 위험 비용 분석)

  • Ryu, Si-Wook;Her, Duk-Gyu
    • Journal of the Korea Safety Management & Science
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    • v.14 no.3
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    • pp.119-126
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    • 2012
  • Recently, the breakdown of online banking servers and the leakage of customer information give rise to much concern about the security of information systems in financial and banking companies in Korea. The enforcement of security for information system becomes much more important issue than earlier. However, the security reinforcement of information system is restricted by a budget. In addition, the activities' cost to secure information system from threatening are under uncertain circumstances and should be established by a human decision maker who is basically uncertain and vague. Thus, making the budget for information system is exposed to any extent of the risk for these reasons. First, we introduce brief fuzzy set theory and fuzzy AHP (Analytic Hierarchy Process) methodology. Then, the cost elements that comprise yearly budget are presented and the priorities among the cost elements are calculated by fuzzy AHP. The cost elements that are exposed to risk are evaluated from the both perspectives of the risk impact and risk occurrence possibility which are expressed as linguistic terms. To get information on the risk profiles-pessimistic, most likely, and optimistic-for each cost element, the evaluation is accomplished and the result is presented. At last, the budget ranges-minimum, mode, maximum-for each cost element are estimated with the consideration of the risk profiles.

Developing the high-risk drinking predictive model in Korea using the data mining technique (데이터마이닝 기법을 활용한 한국인의 고위험 음주 예측모형 개발 연구)

  • Park, Il-Su;Han, Jun-Tae
    • Journal of the Korean Data and Information Science Society
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    • v.28 no.6
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    • pp.1337-1348
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    • 2017
  • In this paper, we develop the high-risk drinking predictive model in Korea using the cross-sectional data from Korea Community Health Survey (2014). We perform the logistic regression analysis, the decision tree analysis, and the neural network analysis using the data mining technique. The results of logistic regression analysis showed that men in their forties had a high risk and the risk of office workers and sales workers were high. Especially, current smokers had higher risk of high-risk drinking. Neural network analysis and logistic regression were the most significant in terms of AUROC (area under a receiver operation characteristic curve) among the three models. The high-risk drinking predictive model developed in this study and the selection method of the high-risk intensive drinking group can be the basis for providing more effective health care services such as hazardous drinking prevention education, and improvement of drinking program.

Multiobjective R&D Investment Planning under Uncertainty (불확실한 상황하에서의 다복적 R & D 투자계획수립에 관한 연구-최적화 기법과 계층화 분석과정의 통합접 접근방안을 중심으로-)

  • 이영찬;민재형
    • Journal of the Korean Operations Research and Management Science Society
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    • v.20 no.2
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    • pp.39-60
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    • 1995
  • In this paper, an integration of stochastic dynamic programming (SDP), integer goal programming (IGP) and analytic hierarchy process (AHP) is proposed to handle multiobjective-multicriteria sequential decision making problems under uncertainty inherent in R & D investment planning. SDP has its capability to handle problems which are sequential and stochastic. In the SDP model, the probabilities of the funding levels in any time period are generated using a subjective model which employs functional relationships among interrelated parameters, scenarios of future budget availability and subjective inputs elicited from a group of decision makers. The SDP model primarily yields an optimal investment planning policy considering the possibility that actual funding received may be less than anticipated one and thus the projects being selected under the anticipated budget would be interrupted. IGP is used to handle the multiobjective issues such as tradoff between economic benefit and technology accumulation level. Other managerial concerns related to the determination of the optimal project portifolio within each stage of the SDP model. including project selection, project scheduling and annual budget allocation are also determined by the IGP. AHP is proposed for generating scenario-based transformation probabilities under budgetary uncertainty and for quantifying the environmental risk to be considered.

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Suggestion of Priority Decision Method for Performance Evaluation Based on Risk Index for Small and Medium Sized Bridges (위험도 지수 기반 중소규모 교량 성능평가 우선순위 결정 방안 제안)

  • Lee, Hee-Hyun;Shin, Byoung-Gil;Lee, Yeong-Il;Kim, Young-Min
    • Journal of the Korea institute for structural maintenance and inspection
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    • v.23 no.6
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    • pp.70-76
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    • 2019
  • This paper presents a methodology for priority decision of performance evaluation of small-and-medium-sized highway bridges. This methodology could be used for establishing a maintenance strategy of those bridges which are not liable to the law of the Special Act on the Safety Control and Maintenance of Establishments and are thought laid under blind spot. The risk index are calculated considering vulnerability and social influence, then the bridges are classified as three types, one requiring immediate evaluation, the other one requiring evaluation within next year, and the third one observing, according to the index. The suggested method was applied to a small bridge under service and its field applicability verified. From this study, it was judged that this methodology could be used appropriately for establishing maintenance strategy and saving the maintenance budget.

A Study on the Cost Risk Analysis Method for Construction Projects (건설 프로젝트의 코스트 리스크 분석방법론에 관한 연구)

  • Lee Dong-Un;Kim Yeong-Su
    • Korean Journal of Construction Engineering and Management
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    • v.4 no.4 s.16
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    • pp.201-211
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    • 2003
  • Considering about construction projects characteristics, there Is an existing uncertainty which causes inaccuracy or invalidity under decision making situation. Therefore, cost risk analysis of numerous construction projects are Inclined to depend on expert's experiences and subjective judgements. In Korean domestic construction works, however, there is no reasonable method or process for applying subjective elements. Only probabilistic analysis using objective calculation are being used now. This research suggests a cost risk analysis method to analyze quantitatively Cost Impact by risk, and it appraises expert's subjective elements for the purpose of enhancing validity of cost estimation. Moreover, a new cost risk analysis method is introduced for providing convenient user interface in practical business.

A Study on the Development of Driving Risk Assessment Model for Autonomous Vehicles Using Fuzzy-AHP (퍼지 AHP를 이용한 자율주행차량의 운행 위험도 평가 모델 개발 연구)

  • Siwon Kim;Jaekyung Kwon;Jaeseong Hwang;Sangsoo Lee;Choul ki Lee
    • The Journal of The Korea Institute of Intelligent Transport Systems
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    • v.22 no.1
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    • pp.192-207
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    • 2023
  • Commercialization of level-4 (Lv.4) autonomous driving applications requires the definition of a safe road environment under which autonomous vehicles can operate safely. Thus, a risk assessment model is required to determine whether the operation of autonomous vehicles can provide safety to is sufficiently prepared for future real-life traffic problems. Although the risk factors of autonomous vehicles were selected and graded, the decision-making method was applied as qualitative data using a survey of experts in the field of autonomous driving due to the cause of the accident and difficulty in obtaining autonomous driving data. The fuzzy linguistic representation of decision-makers and the fuzzy analytic hierarchy process (AHP), which converts uncertainty into quantitative figures, were implemented to compensate for the AHP shortcomings of the multi-standard decision-making technique. Through the process of deriving the weights of the upper and lower attributes, the road alignment, which is a physical infrastructure, was analyzed as the most important risk factor in the operation risk of autonomous vehicles. In addition, the operation risk of autonomous vehicles was derived through the example of the risk of operating autonomous vehicles for the 5 areas to be evaluated.

Decision Making Process for Wind Barrier Installation Considering Car Accident Risk (차량사고 위험도를 고려한 방풍벽 설치기준)

  • Kim, Dong-Hyun;Lee, Il-Keun;Kwon, Soon-Duck;Jo, Byung-Wan
    • Journal of the Computational Structural Engineering Institute of Korea
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    • v.23 no.1
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    • pp.17-26
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    • 2010
  • This study presents a decision making process for installation of wind barrier which is used to reduce the wind acting on running vehicle on expressway. At the first stage of this study, the lateral deviations of running vehicles under side winds were computed from the commercial softwares, CarSim and TruckSim, and then the critical wind speeds for car accident were evaluated from predefined risk index. To determine whether it is needed to install wind barrier or not, cost and benefit from wind barrier are calculated during lifetime. In obtaining car accidental risk, probabilistic distribution of wind speed, daily traffic volume, mixture ratio in the volume, and duration time for wind speed range are considered. It is recommended to install wind barrier if benefit from the barrier installation exceed construction cost. In the numerical examples, case studies were shown for risk and benefit calculation and main risky regions on Korean highway were all evaluated to identify the number of installation sites.