• Title/Summary/Keyword: Multi-Criteria

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Classifications and Strategic Directions of Multi-brand Fashion Stores in Korea (국내 패션 멀티브랜드 스토어의 유형별 전략 및 발전방향)

  • Kim, Soo-Yeon;Hwang, Jin-Sook
    • Journal of the Korean Society of Clothing and Textiles
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    • v.35 no.5
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    • pp.587-600
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    • 2011
  • This study presents the strategic directions for Korean multi-brand fashion stores by running in-depth industry research and market analysis. Over 20 professionals were selected from Korean multi-brand fashion stores for this study and in-depth interviews were conducted to evaluate related subjects. The results of the study were as follows. First, Korean multi-brand fashion stores could be classified into three criteria: operating ownership, merchandise mix, and store identity. Second, operating ownership criterion was chosen for further investigations of strategies and directions of the multi-brand fashion stores. The operating ownership criterion consists of three types; department store types, specialty store types, and boutique types. Each type deploys different buying practice, organizational strategies, and distribution channels. Lastly, the suggested strategic directions for each type are summarized as follows. The 'department store type' should utilize its strong direct buying capabilities and acquisition of merchandising can be more effectively managed. The store should utilize its strong buying power as a tool to develop new private brands (PBs). For 'specialty store type', two key factors have been derived: market share expansion and positioning themselves to become a new distribution channel. To respond to these factors, the store needs to be perceived as a brand then diversify its business. Strengthening its brand will allow it to expand into a new distribution channel and also enable a strategic partnership with its competitor brands. The factors influencing 'boutique type' is personalization and uniqueness. With an emphasis on the uniqueness of products and merchandising it will be able to implement the role as a personal shopper and stylist to provide a very personalized service to its customers.

Job sequencing decision in flow shop using revised Multi-Criteria Decision Making Method (수정된 다기준 의사결정을 이용한 흐름방식에서의 작업순서 결정)

  • 안춘수;강태건;정상윤;홍성일
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.20 no.44
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    • pp.135-151
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    • 1997
  • In this paper, we propose a simple and relatively efficient heuristic method to determine job sequencing in the flow-shop considering multiple criteria such as processing time, due date and cost. The proposed method is applicable to the flow- shop where the jobs are released simultaneously and their processing sequence is predetermined and not changed until the whole jobs are processed. To develop this method, we mixed and modified some well-known multi-attribute decision heuristics such as the simple linear weighting scheme, the lexicographic rule and the 'elimination by aspect' rule. Some computer simulations were conducted to test the efficiency of the proposed method and it has been compared with the SWPT (Shortest Working Processing Time) rule and EDD (Earliest Due Date) rule. The results show that our method is as effective as the traditional ones in terms of mean flow time, tardiness, makespan, cycle time, machine utilization, etc., and proved to be much simpler and more flexible to be used in real situations.

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Study Regarding Interrelations of Transportation Network Using Multi-Criteria Analysis (다기준 분석기법을 이용한 교통네트워크의 상호연관성에 관한 연구)

  • NamKung, Baek-Kyu;Chung, Sung-Bong;Kim, Si-Gon;Yi, Su-Ho
    • Proceedings of the KSR Conference
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    • 2011.10a
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    • pp.1816-1824
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    • 2011
  • Recently, with traffic SOC investment policy changing from road-centered to railway-centered according to environment-friendly and sustainable development, issues regarding overlapping and overinvestment of traffic facility have been raised. Regarding investment of various traffic facilities of which departure and destination are similar to each other, academia, civic organizations, government, etc. are recognizing problems including overlapping investment of budget, environmental destruction, etc., but not suggesting definite solutions. Objective transportation network analysis is required because various positive effects including solutions of delay/congestion may occur due to provision of alternative way and distribution of the amount of traffic when accidents occur, as well as negative effects suggested by some of civic organizations in various transportation facility investment of similar departure and destination. Hereupon, this study tries to suggest a tool that can objectively evaluate interrelations of transportation network by applying multi-criteria analysis including economic feasibility regarding analysis of interconnections between and within means of transportation.

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Optimal Scheduling of Utility Electric Vehicle Fleet Offering Ancillary Services

  • Janjic, Aleksandar;Velimirovic, Lazar Zoran
    • ETRI Journal
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    • v.37 no.2
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    • pp.273-282
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    • 2015
  • Vehicle-to-grid presents a mechanism to meet the key requirements of an electric power system, using electric vehicles (EVs) when they are parked. The most economic ancillary service is that of frequency regulation, which imposes some constraints regarding the period and duration of time the vehicles have to be connected to the grid. The majority of research explores the profitability of the aggregator, while the perspective of the EV fleet owner, in terms of their need for usage of their fleet, remains neglected. In this paper, the optimal allocation of available vehicles on a day-ahead basis using queuing theory and fuzzy multi-criteria methodology has been determined. The proposed methodology is illustrated on the daily scheduling of EVs in an electricity distribution company.

Application of Critical Damage Value to Continuous Drawing Process using FEM (연속 인발공정에서 유한요소법을 이용한 Critical Damage Value 의 적용)

  • 박동인;김병민;고대철
    • Proceedings of the Korean Society for Technology of Plasticity Conference
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    • 2003.10a
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    • pp.291-295
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    • 2003
  • The occurrence of ductile fracture is the working limit of many metal forming processes. It is necessary to predict the criteria and to apply the condition in a process design. Over the years. the way for clarifying conditions have been studied and presented. However such a way needs lots of experiments and analysis. In this study, in order to determine the critical damage value of a used material Cu 4N, it was performed a tensile test and FEM analysis by using DEFORM 2D. For applying the obtained critical damage value it was also performed a upsetting test by using DEFORM 2D. The way of determining a critical damage value which is presented in this study will make possible to find easily it which is one of the working limit factor. And the way of determining a critical damage value will make possible to find in multi-pass drawing process.

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The Spatial Fuzzy Approach to Multi-Criteria Decision Analysis for Flood Management (홍수터 관리 최적대안 결정을 위한 공간퍼지접근)

  • Lim, Kwang-Suop;Choi, Si-Jung
    • Proceedings of the Korea Water Resources Association Conference
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    • 2009.05a
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    • pp.1647-1651
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    • 2009
  • The uncertainty or imprecision associated with vague parameters and weighting sets, reduces the ability to decide what alternative is better for a particular location. To efficiently reduce the effect of imprecision frequently arising in available information, fuzzy theory has been used to improve consideration of imprecision in a Multi-Criteria Decision Analysis (MCDA) problem. Fuzzy logic offers a way to represent and handle imprecision present in continuous real world applications. A GIS implementing fuzzy set theory, (referred to in this paper as the "Spatial Fuzzy Approach") enables decision makers to express imprecise concepts associated with geographic data and provides decision makers the ability to have even more definition and discrimination in terms of the best alternatives for a particular spatial location. This study is focused on addressing questions pertaining to the methodology of floodplain analysis using GIS and Spatial Fuzzy MCDA to evaluate flood damage reduction alternatives. The issues will be examined in a case study of the Suyoung River Basin in Pusan, Korea.

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Multi-Criteria Decision Making Based Logistics Brokerage Agents (다기준 의사결정 기반의 물류중개 에이전트)

  • Jeong, Keun-Chae
    • IE interfaces
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    • v.16 no.4
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    • pp.473-484
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    • 2003
  • In this paper we deal with the logistics brokerage process in which a logistics agent intermediates between vehicle owners and shippers for matching empty vehicles and freights. Based on the Multi-Criteria Decision Making (MCDM) methodology, the proposed agent system matches the most preferred empty vehicle to the shipper and the most preferred freight to the vehicle owner. In the proposed agent system, an MCDM based sensitivity analysis is also used for supporting decision makers under negotiations. Among various MCDM methodologies, Analytic Hierarchy Process (AHP) is utilized in this paper. Although AHP is one of the most popular MCDM methodologies, AHP needs a number of pair-wise comparisons for assessing alternatives and hence may give excessive decision making burden to the decision makers. In this paper, in order to reduce the decision making burden, a preference function based estimation method is proposed. We can expect that the MCDM based logistics brokerage agent can be used as an efficient and effective tool for e-logistics marketplaces on the internet.

Creating the Optimal Product Business Management System for Social and Enterprise Development

  • Liao, Shih-chung
    • Journal of Distribution Science
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    • v.11 no.6
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    • pp.21-30
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    • 2013
  • Purpose - This paper examines product design management, the current design focus of which has shifted to the need to produce innovation applications that can effectively respond to the market's consumption changes in a timely manner. Research design, data, methodology - This study discusses several methodologies that are widely used in experimental processes, such as fuzzy theory, multi-criteria decision-making theory, and managing decision making. The designers will better understand their customers by applying these methodologies. This study examines how the current trend in product innovation design observes customer needs, controls innovation, and stimulates design ability. Results - This paper takes innovative telephone design as an experimental case to investigate how to create a product using market-oriented and customized management concepts and creative design abilities. Conclusions - If accompanied by an innovative product value chain, a product can further the development of enterprise management, now the main element of every developed country's social and economic development.

A study on the Optimal VAR allocation Using Fuzzy Linear Programming with Multi-criteria function (Fuzzy 다목적 선형계획법을 이용한 최적 무효전력 배분계획에 관한 연구)

  • Song, Kil-Yeong;Lee, Hee-Yeong
    • Proceedings of the KIEE Conference
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    • 1992.07a
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    • pp.211-213
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    • 1992
  • Fuzzy L. P. with Multi-criteria function is adopted in this VAR allocation algorithm to accomplish the optimization of co-conflicting objectives, such as the amount of the VAR Installed and power system loss, while keeping the bus voltage profile within an admissible range. fuzzy L. P., a powerful tool dealing with the fuzziness of satisfaction levels of the constraints and the goal of objective functions, enables us to search for the solutions which may contribute in VAR planning. This advantage Is not provided by traditional standardized L. P. The effectiveness of the proposed algorithm has been verified by the test on the IEEE-30 bus system.

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An integral based fuzzy approach to evaluate waste materials for concrete

  • Onat, Onur;Celik, Erkan
    • Smart Structures and Systems
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    • v.19 no.3
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    • pp.323-333
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    • 2017
  • Waste materials in concrete have been considered as one of the most important issues by the authorities, policy makers and researchers to maintain engineering serviceability in terms of economy, durability and sustainability. Therefore, evaluation and selection of waste materials with respect to multi criteria decision making (MCDM) for the construction industry has been gained importance for recovery and reuse. In this paper, Choquet integral based fuzzy approach is proposed for evaluating the most suitable waste materials with respect to compressive strength, tensile strength, flexural strength, compactness, toughness (resistivity for dynamic loads), water absorption and accessibility. On conclusion, waste tyre and silica fume were determined as the most suitable waste materials for concrete production. The obtained results are recommended to assist the authorities on configuring well designed strategies for construction industry with disposal materials.