• Title/Summary/Keyword: Utility Degree

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Maximal United Utility Degree Model for Fund Distributing in Higher School

  • Zhang, Xingfang;Meng, Guangwu
    • Industrial Engineering and Management Systems
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    • v.12 no.1
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    • pp.36-40
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    • 2013
  • The paper discusses the problem of how to allocate the fund to a large number of individuals in a higher school so as to bring a higher utility return based on the theory of uncertain set. Suppose that experts can assign each invested individual a corresponding nondecreasing membership function on a close interval I according to its actual level and developmental foreground. The membership degree at the fund $x{\in}I$ is called utility degree from fund x, and product (minimum) of utility degrees of distributed funds for all invested individuals is called united utility degree from the fund. Based on the above concepts, we present an uncertain optimization model, called Maximal United Utility Degree (or Maximal Membership Degree) model for fund distribution. Furthermore, we use nondecreasing polygonal functions defined on close intervals to structure a mathematical maximal united utility degree model. Finally, we design a genetic algorithm to solve these models.

Degree of Borrowing Constraints and Optimal Consumption and Investment under a General Utility Function (일반적 효용함수 하에서 대출제약의 정도와 최적 소비 및 투자)

  • Shim, Gyoocheol
    • Korean Management Science Review
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    • v.33 no.1
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    • pp.77-87
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    • 2016
  • I study optimal consumption and investment choices of an infinitely-lived economic agent with a general time-separable von Neumann-Morgenstern utility under general borrowing constraints against future labor income. An explicit solution is provided by the dynamic programming method. It is shown that the optimal consumption and risky investment decrease as the borrowing constraints become stronger.

The Subjectively Weighted Linear Utility Model using Bayesian Approach (베이지안 기법을 이용한 주관적 가중선형효용모형)

  • 김기윤;나관식
    • Journal of the Korean Operations Research and Management Science Society
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    • v.19 no.3
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    • pp.111-129
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    • 1994
  • In this study, we develope a revised model as well as application of decision problem under ambiguity based on the subjectively weighted linear utility medel. Bayes'rule is used when there are ambiguous probabilities on a decision problem and test information is available. A procedure for assessing the ambiguity aversion function is also presented. Decision problem of chemical corporation is used for an illustration of the application of the subjectively weighted linear utility model using Bayesian approach. We present the optimal decisiond using newly developed model. We also perform the sensitivity analysis to assure ourselves about the conclusion we obtianed on degree of ambiguity aversion due to characterize parameter of subjectively weighted linear utility model.

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Use-Utility of Kitchen Center and Cooking Equipments - Comparison between U.S.A. and Korea - (주방의 조리 공간 및 조리 기구의 사용자-만족도 측정 - 한.미 비교를 중심으로 -)

  • Chung, Young-Sook;Park, Young-Sun
    • Journal of the East Asian Society of Dietary Life
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    • v.19 no.6
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    • pp.1039-1048
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    • 2009
  • The purpose of this study was to establish a model of the use-utility of cooking equipments and kitchen centers using survey data and to compare U.S.A. with Korea. The survey was conducted to identify attributes that were related to the efficiency of kitchen centers as well as equipments. Indices for the most important attributes were developed and used to compare different selections of equipment. The impact of adding an equipment item was found to vary with the attributes of the item, the degree of importance ascribed to the attributes of the work center and specific functions performed there. Similarities and differences between the U.S.A. and Korea are discussed, and implications for those who have interest in the use-utility model of cooking equipment and kitchen centers are provided.

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A Study on Quantification of Kano's Quality Model

  • Yasuda, Kentaro;Ootaki, Atsushi;Kainuma, Yasutaka
    • International Journal of Quality Innovation
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    • v.2 no.2
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    • pp.58-68
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    • 2001
  • This paper proposes a method for quantifying the types of quality elements proposed by Kano; namely: attractive quality, one-dimensional quality, and must-be quality. Kano's classification of required quality has helped us improve our thinking in product development. However, his classification is conceptual rather than quantitative, and the conventional techniques of questionnaire and group interview cannot provide quantification of the relationship between the degree of customer satisfaction and the degree of sufficiency of required qualities. This paper describes how a quality element under Kano's quality model can be expressed as a utility function, and describes an application to quality design of a cellular phone.

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Substructure Evaluation of Pavement due to Excavation and Recompaction Sequences for Pipe Installation (굴착, 관 매입 및 다짐 연속과정에 따른 포장하부구조 강성펑가)

  • Lim, Yu-Jin;Park, Jae-Beom
    • International Journal of Highway Engineering
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    • v.11 no.2
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    • pp.239-247
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    • 2009
  • Pipe installation following excavation of pavement and underlying-soils induces settlements, cracks and bad roughness near utility cut. This study is to use PMT and LDWT in order to evaluate stiffness and/or degree of compaction of sublayers and backfill in utility cut section because no specially designed efforts for evaluating stiffness condition of the substructures below new pavement after pipe installation are offered at this time. From test results of PMT, comparable stiffness and/or degree of compaction in recompaction process is not obtained comparing to that of the existing sublayers before excavation. Thickness of the new surface layer after pipe installation must be designed thicker than that of the existing surface layer. It is verified that LDWT comparing to PMT is effective only to get stiffness and/or degree of compaction within limited depth from surface of materials, but it is not useful to evaluate stiffness of substructures in full depth in case of utility cut.

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2, 4-Thiazolidindion Induced Plasticity of Myoblast (C2C12) and Satellite Cells (Porcine) - A Comparative Study

  • Singh, N.K.;Chae, H.S.;Hwang, I.H.;Yoo, Y.M.;Ahn, C.N.;Lee, H.J.;Park, H.J.;Chung, H.Y.
    • Asian-Australasian Journal of Animal Sciences
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    • v.20 no.7
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    • pp.1115-1119
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    • 2007
  • This study was conducted to determine the difference between satellite cells (porcine) and myoblasts (C2C12) in their differentiation under the influence of 2, 4-thiazolidindion. C2C12 myoblast cells and porcine satellite cells (isolated from 10 d old $Landrace{\times}Duroc$ piglets) were grown to absolute confluency. Post confluent cells (day 0) were further exposed to adipogenic induction medium along with 2, 4-thiazolidindion ($8{\mu}M$) for 2 d. Thereafter, cells were exposed to 2, 4-thiazolidindion alone every 2 d till day 10 and analysed. The control was cultured in differentiation medium without any treatment. Increased (p<0.05) expression of transcriptional factors i.e. C/EBP-${\alpha}$ and PPAR-${\gamma}$ and transition of cells to adipocyte morphology was noticed from 2 d and 4 d onwards in satellite cells (Porcine) and myoblasts (C2C12) respectively. Myogenesis was observed to be suppressed completely in case of satellite cells compared to myoblasts in response to 2, 4-thiazolidindion. Pax-7 (transcriptional factor) appeared as a sole entity to satellite cells only, as it was not identified in case of myoblasts. Although both the cells were converting to adipoblasts, the degree of their conversion was different in response to 2, 4-thiazolidindion. Therefore, the hypothesis that satellite cells contribute various domains to the growing myoblasts appeared obscured and found to be dependent on the proliferative energy/or degree of fusion. However, it revealed satellite cells as currency to myoblasts/muscle.

Study on the Revision of HDD for 15 Main Cities of Korea (국내 15개 주요지역의 난방도일 재산정에 관한 연구)

  • Cho, Sung-Hwan;Kim, Seong-Su;Choi, Chang-Yong
    • Korean Journal of Air-Conditioning and Refrigeration Engineering
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    • v.22 no.7
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    • pp.436-441
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    • 2010
  • The purpose of this study is to revise the HDD(Heating Degree-Days) of main cities of Korea because the outside temperature rise have been accelerated by global warming recently. Now our HDD(Heating Degree-Days) for the utility design of district heating system had been `established in 20 years ago. Therefore new heating degree days for main cities of korea had been required and determined using long-term measured outside weather temperature data during 30 years. For the analysis of HDD, five different base temperatures ranging from 24 to $16^{\circ}C$ were chosen in the calculation of heating degree days. And new yearly heating degree days of 15 cities of korea were given in the tabular form.

Optimizing Portfolio Weights for the First Degree Stochastic Dominance with Maximum Utility (1차 확률적 지배를 하는 최대효용 포트폴리오 가중치의 탐색에 관한 연구)

  • Ryu, Choonho
    • Journal of the Korean Operations Research and Management Science Society
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    • v.39 no.1
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    • pp.113-127
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    • 2014
  • The stochastic dominance approach is to form a portfolio that stochastically dominates a predetermined benchmark portfolio such as KOSPI. This study is to search a set of portfolio weights for the first-order stochastic dominance with maximum utility defined in terms of mean and variance by managing the constraint set and the objective function in an iterative manner. A nonlinear programming algorithm was developed and tested with promising results against Korean stock market data sets.

An Empirical Study on the Impact of Job Performance to AIS Utility Value (회계정보시스템 유용성이 업무성과에 미치는 영향에 관한 실증적 연구)

  • Kim Dong-Il
    • The Journal of the Korea Contents Association
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    • v.5 no.5
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    • pp.266-272
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    • 2005
  • This study is to empirically analyze the effects on job performance of Accounting Information Systems, Analysis methods were used to Cronbach's Alpha analysis, Factor analysis, analysis of variance(ANOVA) and regression in odor by the contingency grouping method. The results of this study are as follows : First, The regression analysis had effects on AIS utility and job performance. Second, The Analysis of variance(ANOVA) had non-effects on systems operating degree and systems satisfaction. Third, The input variables of information accuracy and systems satisfaction had additional effect about IT capability.

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