• Title/Summary/Keyword: Management Failure

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Prediction of Customer Failure Rate Using Data Mining in the LCD Industry (LCD 디스플레이 산업에서 데이터마이닝 알고리즘을 이용한 고객 불량률 예측)

  • You, Hwa Youn;Kim, Seoung Bum
    • Journal of Korean Institute of Industrial Engineers
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    • v.42 no.5
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    • pp.327-336
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    • 2016
  • Prediction of customer failure rates plays an important role for establishing appropriate management policies and improving the profitability for industries. For these reasons, many LCD (Liquid crystal display) manufacturing industries have attempted to construct prediction models for customer failure rates. However, most traditional models are based on the parametric approaches requiring the assumption that the data follow a certain probability distribution. To address the limitation posed by the distributional assumption underpinning traditional models, we propose using parameter-free data mining models for predicting customer failure rates. In addition, we use various information associated with product attributes and field return for more comprehensive analysis. The effectiveness and applicability of the proposed method were demonstrated with a real dataset from one of the leading LCD companies in South Korea.

The Evaluation of Accident Management Strategy Involving Operator Action

  • Kim, Jaewhan;Jaejoo Ha
    • Nuclear Engineering and Technology
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    • v.29 no.5
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    • pp.368-374
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    • 1997
  • This paper presents a new approach to the evaluation of an accident management strategy when an operator action is involved. This approach classifies the failure in implementing a given strategy into 4 possible mechanisms, and provides their corresponding quantification methods : 1) the failure to formulate correct intention by operators, 2) the failure to take an adequate action following a correct diagnosis, 3) the failure of a system operation following an adequate action, and 4) the failure due to a delayed action. The proposed method was applied to assess a cavity flooding strategy that uses containment spray system (CSS), and the result shows that the method is more appropriate in evaluating accident management strategies when human action is involved.

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A Determination and application of a future failure rate for LTAM strategies Development on Nuclear Turbines (원자력터빈의 LTAM 전략개발을 위한 미래고장률 결정 및 적용)

  • Shin, Hye-Young;Yun, Eun-Sub
    • Proceedings of the KSME Conference
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    • 2008.11b
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    • pp.2845-2849
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    • 2008
  • Long Term Asset Management(LTAM) means a plan developed by using LCM(Life Cycle Management) process for optimum life cycle management of significant plant assets at each plant across the fleet. As a part of development of LTAM Strategies on nuclear turbines, a method so as to determine the future failure rates for low pressure turbine facilities at a nuclear plant was studied and developed by using both plant specific and industry-wide performance data. INPO's EPIX data were analyzed and some failure rate evaluation values considering preventive maintenance practices were calculated by using EPRI's PM Basis software. As the result, failure rate functions applicable to a priori and a posteriori replacement of low pressure turbines at a nuclear plant were developed and utilized in an assessment of economics of LCM alternatives on the nuclear turbine facilities in the respects of 40-year and 60-year operation bases.

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Mission Reliability Prediction Using Bayesian Approach (베이지안기법에 의한 임무 신뢰도 예측)

  • ;;;Jun, C. H.;Chang, S. Y.;Lim, H. R.
    • Journal of the Korean Operations Research and Management Science Society
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    • v.18 no.1
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    • pp.71-78
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    • 1993
  • A Baysian approach is proposed is estimating the mission failure rates by criticalities. A mission failure which occurs according to a Poisson process with unknown rate is assumed to be classified as one of the criticality levels with an unknown probability. We employ the Gamma prior for the mission failure rate and the Dirichlet prior for the criticality probabilities. Posterior distributions of the mission rates by criticalities and predictive distributions of the time to failure are derived.

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The auto regression model of bus fleet failure number

  • Zhou, Y.
    • International Journal of Reliability and Applications
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    • v.12 no.2
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    • pp.95-102
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    • 2011
  • This paper uses the auto regression model to modeling failure number of a bus fleet. The fitted model can be used to predict the failure number in the future. A numerical example is presented to illustrate the modeling process and the appropriateness of the fitted model. At last, some possible applications of the model are discussed.

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A Study on Trend Changes for Certain Parametric Families

  • Nam, Kyung Hyun;Park, Dong Ho
    • Journal of Korean Society for Quality Management
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    • v.23 no.3
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    • pp.93-101
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    • 1995
  • We present a brief survey concerning the relations between mean residual life and failure rate. Change points of mean residual life and failure rate are known to be different in general and we explore such situations in this paper. A few parametric models which show bathtub-shaped failure rate are examined in details, including the shape of its corresponding mean residual life function. We give some graphical comparisons of trend changes of mean residual life and failure rate for various choices of parameters for each parametric model.

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A Comparison of the Discrimination of Business Failure Prediction Models (부실기업예측모형의 판별력 비교)

  • 최태성;김형기;김성호
    • Journal of the Korean Operations Research and Management Science Society
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    • v.27 no.2
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    • pp.1-13
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    • 2002
  • In this paper, we compares the business failure prediction accuracy among Linear Programming Discriminant Analysis(LPDA) model, Multivariate Discriminant Analysis (MDA) model and logit analysis model. The Data for 417 companies analyzed were gathered from KIS-FAS Published by Korea Information Service in 1999. The result of comparison for four time horizons shows that LPDA Is advantageous in prediction accuracy over the other two models when over all tilt ratio and business failure accuracy are considered simultaneously.

Bayesian Estimation of the Reliability and Failure Rate Functions for the Burr Type-? Failure Model (Burr 고장모형에서 신뢰도와 고장률의 베이지안 추정)

  • 이우동;강상길
    • Journal of Korean Society for Quality Management
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    • v.25 no.4
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    • pp.71-78
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    • 1997
  • In this paper, we consider a hierarchical Bayes estimation of the parameter, the reliability and failure rate functions based on type-II censored samples from a Burr type-? failure time model. The Gibbs sampler a, pp.oach brings considerable conceptual and computational simplicity to the calculation of the posterior marginals and reliability. A numerical study is provided.

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The Effects of Small Business CEO's Start-up Environment on Fear of Business Failure and Entrepreneurial Failure (소상공인 경영자의 창업환경이 실패부담감과 창업실패에 미치는 영향)

  • Song, Kyong-Suk
    • The Journal of the Korea Contents Association
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    • v.15 no.2
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    • pp.393-407
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    • 2015
  • This study is intended to look into the effects of small business startup environments on failure burden and startup failure. To achieve this, a survey was carried out to 300 small business CEOs in Seoul. The results were as follows. First, the effect of startup environments on failure burden showed that management environment, business environment, internal organizational environment and external organizational environment had a negative effect on failure burden. Second, the effect of startup environments on financial and non-financial losses showed that startup management environment, startup business environment and internal organizational environment had a negative effect on financial and non-financial losses. Third, the effect of failure burden on startup failure showed that failure burden had a positive effect on financial and non-financial losses. Consequently, this study indicates that internal organizational commitment and communication are important attributes affecting failure burden, financial and non-financial losses, compared with management quality, entrepreneurship and business environment.

A Framework for Analysis of Systems Failure in Information Systems Integration

  • Kim, Han-Gook;Iijima, Junichi;Ho, Sho
    • Industrial Engineering and Management Systems
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    • v.4 no.2
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    • pp.207-217
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    • 2005
  • Business mergers are a direct result of rapid changes in the current corporate environment. They are occurring in many industries, including financial institutions. As information systems prove increasingly indispensable in the integration of companies’ business systems, information system integration is becoming increasingly necessary. However, in many cases such integration does not work well. Therefore, this paper proposes a new framework using both IS integration model and IS integration phases to analyze systems failure in IS integration.