• Journal of the Korean Operations Research and Management Science Society
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• v.23 no.2
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• pp.103-129
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• 1998

Corporate level decision making with multiple decision makers in a consistent way is essential in Decision Support System. However, since the decision makers have different interests and knowledge, the models used by them are also different in their level of abstraction. This makes decision makers waste a lot of efforts for an integrated decision making. The purpose of this paper is to propose an integration mechanism so that collaborative decision making models may be used synthetically in multi-abstraction level. Models are classified as multimedia model, mathematical model, qualitative model, causal ＆ directional model, causal model, directional model and relationship model according to the level of abstraction. The proposed integration mechanism consists of model interpretation phase. model transformation phase, and model integration phase. Specifically, the model transformation Phase is divided into (1) model tightening mode which gather information to make a model transformed into upper level model, and (2) model relaxing mode which makes lower level model. In the model integration phase, models of same level are to be integrated schematically. An illustrative M＆A-decision example is given to show the possibility of the methodology.

• Journal of the Korean Operations Research and Management Science Society
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• v.18 no.3
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• pp.79-100
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• 1993

This paper proposes an idea of reverse modeling that analyzes LP models and then converts them into an object-oriented model repository. The process of reverse modeling consists of (1) identifying and analyzing source models by meta processor, (2) model decomposition and generalization to scan the models and divide them into model components, and (3) deriving model selection rules from the components by rule generator. Through the process, we can extract reusable model components and build a model base with model selectioon rules. Examples with models created by SML and MODLER modeling languages are given to illustrate the methods. The model base management capabilities provided by reverse modeling can increase the reusabioity of current modeling tools.

• Journal of the Korean Operations Research and Management Science Society
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• v.37 no.2
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• pp.113-125
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• 2012

The logistic model and the Bass model have diverse names and formulae in diffusion theory. This diversity makes users or readers confused while it also contributes to the flexibility of modeling. The method of handling the integration constant, which is generated in process of deriving the closed form solution of the differential equation for a diffusion model, results in two different 'actual' models. We rename the actual four models and propose the usage of the models with respect to the purpose of model applications. The application purpose would be the explanation of historical diffusion pattern or the forecasting of future demand. Empirical validation with 86 historical diffusion data shows that misuse of the models can draw improper conclusions for the explanation of historical diffusion pattern.

• Journal of the Korean Operations Research and Management Science Society
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• v.18 no.2
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• pp.57-81
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• 1993

This paper is concerned with analyzing the bankruptcy prediction power of three methods : Multivariate Discriminant Analysis (MDA), Inductive Learning, Neural Network, MDA has been famous for its effectiveness for predicting bankrupcy in accounting fields. However, it requires rigorous statistical assumptions, so that violating one of the assumptions may result in biased outputs. In this respect, we alternatively propose the use of two AI models for bankrupcy prediction-inductive learning and neural network. To compare the performance of those two AI models with that of MDA, we have performed massive experiments with a number of Korean bankrupt-cases. Experimental results show that AI models proposed in this study can yield more robust and generalizing bankrupcy prediction than the conventional MDA can do.

• Journal of the Korean Operations Research and Management Science Society
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• v.11 no.2
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• pp.51-68
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• 1986

The effects of goal setting in the context of Multiple Criteria Making (MCDM) are classified into two types : internal and external. In the internal models, the impact of the changed goal is limited only to the other goals in MCDM model. By contrast, in the external models, the impact is limited to the factors not included in the MCDM model. In fact, most real world examples of goal setting have the nature of mixed models. To assist in the goal setting process, the framework named Goal Setting Support (GSS) is developed. The GSS helps decision-makers for mixed models to 1) make internal trade-offs in a way that guarantees non-dominancy after the trade-ofs, and 2) evaluate achieved goals systematically. The GSS can be used in creating Decision Support Systems that will allow interactive goal setting.

• Journal of the military operations research society of Korea
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• v.22 no.1
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• pp.30-42
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• 1996

This study deals with an optimal firecar location and allocation models under uncertain enemy attack at the airforce base. It allocates just one firecar on the runaway and the other firecars on the headquarter of firecar company in usual situation. It is possible for several facilities at the airforce base to be attacked simultaneously by missiles enemy air attacker, other things under uncertain enemy attack. We formulate two stochastic LP location-allocation models to deal with uncertainty. One model is to locate all firecars on one site like present situation. We generate a new firecar location with a weighted average method. We call this model "centralized allocation model". The other model is to distribute firecars on several possible sites. We call this model "distributed allcoation model". Finally, we compare two models with computer experimentations on 8 airforce bases.on 8 airforce bases.

• Journal of the military operations research society of Korea
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• v.23 no.1
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• pp.63-75
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• 1997

This study is concerned with a few models for optimal requirement level of CSP by improving and adjusting the existing models to determine CSP items and quantity as follows. First, by building a model with a objective function of the operating level and constrains of budget, quantity and items of CSP are simultaneously determined. Second, we removed some steps to improve initial solution by using a constraint of usable budget level. Third, we demonstrated a model to be applied with real operating situation by combining two models of Lee(1994) and above. Lastly, by assuming a failure probability distribution is a binomial distribution, the better solution can be obtained. Some facts with necessity of policy improvement were raised as follows: (1) necessity of improvement of the CSP acquisition system, (2) in case of the same kind, permission of diversion in order to execute budget effectively, (3) getting accurate failure rate.

• Journal of the Korean Operations Research and Management Science Society
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• v.7 no.2
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• pp.5-29
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• 1982

This paper presents the network models for general dynamic conveyor systems which are characterized by transporting and storing materials between work stations over time. With an appropriate choice of time-slice the conveyor system can be represented exactly as a dynamic flow network which can be solved by an efficient pure network algorithm.

• Journal of the Korean Operations Research and Management Science Society
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• v.10 no.1
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• pp.1-8
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• 1985

By introducing the concept of reliability of parallel systems the set covering. A branch-and-bound algorithm is developed and illustrated by a numerical example. The procedure has been coded and its computational efficiency is studied.

• Journal of the Korean Operations Research and Management Science Society
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• v.9 no.2
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• pp.34-45
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• 1984

The aim of this study is to investigate efficiency of foreign exchange markets for 8 currencies for the floating rate regime 1974～1982 by comparison of various foreign exchange rate forecasting models’performances. The author presents evidences showing that efficient market hypothesis was not supported.