• Title/Summary/Keyword: Practical Management

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Industry Stock Returns Prediction Using Neural Networks (신경망을 이용한 산업주가수익율의 예측)

  • Kwon, Young-Sam;Han, In-Goo
    • Asia pacific journal of information systems
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    • v.9 no.3
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    • pp.93-110
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    • 1999
  • The previous studies regarding the stock returns have advocated that industry effects exist over entire industry. As the industry categories are more rigid, the demand for predicting the industry sectors is rapidly increasing. The advances in Artificial Intelligence and Neural Networks suggest the feasibility of a valuable computational model for stock returns prediction. We propose a sector-factor model for predicting the return on industry stock index using neural networks. As a substitute for the traditional models, neural network model may be more accurate and effective alternative when the dynamics between the underlying industry features are not well known or when the industry specific asset pricing equation cannot be solved analytically. To assess the potential value of neural network model, we simulate the resulting network and show that the proposed model can be used successfully for banks and general construction industry. For comparison, we estimate models using traditional statistical method of multiple regression. To illustrate the practical relevance of neural network model, we apply it to the predictions of two industry stock indexes from 1980 to 1995.

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Bankruptcy Prediction using Support Vector Machines (Support Vector Machine을 이용한 기업부도예측)

  • Park, Jung-Min;Kim, Kyoung-Jae;Han, In-Goo
    • Asia pacific journal of information systems
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    • v.15 no.2
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    • pp.51-63
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    • 2005
  • There has been substantial research into the bankruptcy prediction. Many researchers used the statistical method in the problem until the early 1980s. Since the late 1980s, Artificial Intelligence(AI) has been employed in bankruptcy prediction. And many studies have shown that artificial neural network(ANN) achieved better performance than traditional statistical methods. However, despite ANN's superior performance, it has some problems such as overfitting and poor explanatory power. To overcome these limitations, this paper suggests a relatively new machine learning technique, support vector machine(SVM), to bankruptcy prediction. SVM is simple enough to be analyzed mathematically, and leads to high performances in practical applications. The objective of this paper is to examine the feasibility of SVM in bankruptcy prediction by comparing it with ANN, logistic regression, and multivariate discriminant analysis. The experimental results show that SVM provides a promising alternative to bankruptcy prediction.

Developing a Design Support System for Database Distribution : Relational Schema as an Input (데이터베이스 분산 설계 지원 시스템 개발: 관계형 스키마를 입력으로)

  • Lee, Hui-Seok;Ji, Jeong-Kang;Kim, Tae-Hun;Yeo, Ji-Yeong
    • Asia pacific journal of information systems
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    • v.6 no.1
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    • pp.165-194
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    • 1996
  • Data distribution is one of the most important steps in distributed database design. This paper proposes a methodology for distributing database by using a relational schema as an input. A design support system called DBDD (Database Distribution Design) is implemented within the framework of this methodology. The methodology consists of three phases such as (i) schema analysis, (ii) fragmentation, and (iii) allocation. In the schema analysis phase, all the table names are acquired from a global relational schema. In the fragmentation phase, fragments are generated according to transaction retrieval patterns. Furthermore, DBDD enhances the design quality by allocating fragments in a progressive manner. A real-life case is illustrated to demonstrate the practical usefulness of the DBDD.

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An Empirical Study of Software Size Estimation Techniques by Use Case (Use Case에 의한 소프트웨어 규모 예측 방법에 대한 실증적 연구)

  • 서예영;이남용
    • The Journal of Society for e-Business Studies
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    • v.6 no.2
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    • pp.143-157
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    • 2001
  • There has been a need for predicting development efforts and costs of the system during the early stage of the software process and hundreds of metrics have been proposed for computer software, but not all provide practical support to the software engineer. Some demand measurement that is too complex, others are so esoteric that few real-world professionals have any hope of understanding them, and others violate the basic intuitive notions of what high-quality software really is. It is worthwhile that metrics should be tailored to best accommodate specific products and processes after grasping their good and no good point. This paper describes two size estimation techniques, the Karner technique and the Marchesi technique, and compares and analyzes them with proposed evaluation criteria. Both techniques are to estimate software size analyzed by use case that is mainly described during the object-oriented analysis phase. We also present an empirical comparison of them, both are applied in the Internet Medicine Prescription System. We also propose some guidance for experiments based on our analysis. We believe that it should be facilitating project management more effective by adjusting software metrics properly.

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A Strategic Alliance for e-Commerce Companies: Guidelines of Alliance Process (전자상거래 기업의 전략적 제휴에 관한 연구: 제휴과정의 가이드라인)

  • 권순범;김서형
    • The Journal of Society for e-Business Studies
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    • v.7 no.1
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    • pp.1-17
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    • 2002
  • Business environment for e-commerce companies have been rapidly changed for the last several yens and they have found out that strategic alliance as one of the important and practical means to cope with the dynamic environment. Despite the increasing number of e-commerce company's strategic alliances during last several years, there have been few studies made on strategic alliance which reflect the e-commerce company's uniqueness: dynamism, time to market, If-based business, etc. In order to reflect this uniqueness, we attempt to derive guidelines of alliance process for e-commerce companies in three aspects: 1) resource system analysis, 2) value chain analysis, and 3) If-based strategic alliance implementation and management. Finally, we propose the integrated process of strategic alliance for e-commerce companies including those proposed guidelines.

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$217Plus^{TM}$ 시스템 모형의 민감도

  • Jeon, Tae-Bo
    • Proceedings of the Korean Reliability Society Conference
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    • 2011.06a
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    • pp.257-264
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    • 2011
  • In this study, we performed sensitivity study of the $217Plus^{TM}$ system model to various parameters. Specific attention was put to logistics model and its behavior has been examined in terms of non-component failure causes. We first briefly explained the $217Plus^{TM}$ methodology with system level failure rate evaluation. We then applied experimental designs with several failure causes as factors. We used an orthogonal array with three levels of each parameter. Our results indicate that cannot duplicate, induced, and wear-out causes have dominant effects on the system failures and design, parts, and system management have much less but a little strong effects. The results in this study not only figure out the behavior of the predicted failure rate as functions of failure causes but provide meaningful guidelines for practical applications.

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Earthquake Loss Estimation of Buried Pipeline Considering Permanent Ground Deformation due to Liquefaction (액상화.영구지반변형을 고려한 지중매설관로의 지진피해 평가)

  • Kim, Tae-Wook;Lim, Yun-Mook;Kim, Moon-Kyum
    • Proceedings of the Earthquake Engineering Society of Korea Conference
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    • 2005.03a
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    • pp.102-109
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    • 2005
  • In this study, a prototype model of earthquake loss estimation method will be proposed for the quantitative and qualitative damage evaluation of buried pipeline subjected to Permanent Ground Deformation(PGD) due to liquefaction. With this objective, domestic and foreign status of the arts related with earthquake loss estimation method is summarized at first. Domestic development of computer aided earthquake loss estimation method seems to be difficult for the time being. Thus, referring to HAZUS : Earthquake Loss Estimation Methodology which is developed by FEMA (Federal Emergency Management Agency) and NIBS (National Institute of Building Sciences), earthquake loss estimation procedure of buried pipeline subjected to PGD due to liquefaction are proposed, and then exemplary loss estimation are executed. Considering that there have been no practical earthquake loss estimation method and procedure in Korea, the research accomplishments such as above are considered to be helpful for the substantial development of earthquake loss estimation method of buried pipeline subjected to PGD due to liquefaction.

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Utilization of Molecular Markers in Plant Genetics and Breeding (식물유전 및 육종학 연구에서의 분자생물학적 마커기술의 이용)

  • 이주경
    • Korean Journal of Plant Resources
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    • v.10 no.2
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    • pp.200-210
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    • 1997
  • The understanding on the plant genome is accelerated with the fast advance of molecular biological techniques. The molecular dissecting of the plant genome has made possible the precise genotyping the plants, which can be utilized for molecular breeding program. As well, the molecular cloning of genes interested can facilitate the process of gene transfer between intra-and inter-generic taxa. Moreover, the manipulation of the agronomically important QTL genes, which can be rarely performed by the conventional genetic methods, is also possible by the utilization of molecular markers. In addition to these genetical applications, molecular markers are useful in the areas of plant taxonomy and management of germplasm by fingerprinting analysis. This paper describes the theoretical aspects marker technologies and practical applications of each marker technique.

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The Review of RAMS for Urban Maglev (자기부상 철도차량의 RAMS 현황)

  • Park, Jun-Seo;Kim, Jong-Woon;Kim, Jae-Hoon;Choe, Gang-Yun
    • Proceedings of the KSR Conference
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    • 2006.11a
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    • pp.123-134
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    • 2006
  • Putting the urban maglev train to practical use requires the systematic management to predict and solve the problems in advance, which are expected to occur in the operation of the vehicle, at each lifecycle step such as concept design, manufacture, commissioning and maintenance. In this article, we review the trend of international specification for railway RAMS and suggest the RAMS program from the viewpoint of system engineering. In addition, RAMS requirements for the advance into the foreign market are presented through the investigation of RAMS specifications for Metro transit in various principal countries. Lastly, we suggest the direction of RAMS research on maglev train for putting it to use by analysing the trend of RAMS researches in Japanese railway.

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A Study on the Construction of an Auditing Expert Systems (회계감사 전문가시스템의 구축에 관한 연구)

  • 김동균;이학열
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.17 no.32
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    • pp.297-308
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    • 1994
  • In the information system, there are many fields that used by decision making support system. Nowadays, the reasons that the need of the decision making system in audit is increased, are as follows. \circled1 The increased of competitiveness in audit environment \circled2 The rapid replenishment of computer hardware and computer system in corporations. The purposes of this study are as follows. \circled1 The connection of Internal management assess results and practical examination. \circled2 In the making of audit opinion, the establish of non-measure and evaluate logic. \circled3 The suggestion of knowledge base structure about the audit task. \circled4 The development of prototype system for the accounting audit expert system. The expected usefulness of accounting audit expert system development are as follows. \circled1 Audit time may be saved \circled2 The consistence of opinion will be increased \circled3 The elevation of audit technique \circled4 The decreased of audit risk \circled5 In the decision making rationlization of accounting information users, it will be proved as usefulness.

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