• Title/Summary/Keyword: decision making framework

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The Analysis of LCD TV's Core Technology using by Analytic Hierarchy Process (LCD TV의 핵심기술 선정방법에 관한 연구)

  • Kwak, Soo-Hwan
    • The Journal of the Korea institute of electronic communication sciences
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    • v.9 no.5
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    • pp.575-582
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    • 2014
  • One of the most important decision making is which product's components should make in-house and which should they outsource. This paper suggests a framework to solve above question. This paper applies to LCD TV industry with AHP analysis. The results shows that Scaler chip, LCD panel, MPEG decoder, and Video decoder are important components. Samsung Electronics turn out make in-house these core component. This research will be a good guideline for selecting core component.

Employment Contract-Based Management Model of Production Resources on Relation-Driven Fractal Organization (관계주도형 프랙탈 조직에서의 고용계약 기반 생산자원 관리모형)

  • Shin, Moonsoo
    • Journal of Korean Institute of Industrial Engineers
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    • v.39 no.4
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    • pp.278-289
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    • 2013
  • Up-to-date market dynamics and intense competition have forced a production system to be more widely distributed and decentralized than ever, and the production system itself can be regarded as a collaborative network of autonomous production resources in which the responsibility of decision making is also decentralized into individual autonomous entities. The conventional resource management models, however, are not suitable for the distributed and decentralized environment because of their centralized nature. In this paper, an agent-based resource management model is proposed. The proposed model applies employment relation-driven fractal organization (FrOrg) into organizational model for distributed production resources and presents a resource management framework based on employment contracts. The fractal organization is a structured association in which a self-similar pattern recursively appears, and employment relations between production resources are recursively constructed throughout the entire production system.

A Study on the Implication of Sustainability and Environmental Assessment (지속가능성과 환경평가의 연계에 관한 연구)

  • Hong, Sang-Pyo
    • Journal of Environmental Impact Assessment
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    • v.20 no.3
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    • pp.269-279
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    • 2011
  • Sustainability assessments tend to integrate ecological, social, and economic concerns. Sustainability assessment could be considered the highest rung in the assessment ladder. Broad strategies that seek to integrate individual SEA(Strategic Environmental Assessment) could be subjected to a sustainability assessment. Sustainability assessment could incorporate global and transboundary effects and priorities into SEA and project-level EIA(Environmental Impact Assessment). SEA could provide an environmental context and direction for project-level EIA. Procedural and substantive EIA requirements can be addressed through tiering such as sustainability assessment, SEA, project-level EIA. In Korea, PERS(Prior Environmental Review System) that has been utilized to evaluate administrative plans related with various kinds of development projects should be evolved not only to incorporate environmental impacts into early stage decision-making, but also to implicate sustainability assessments that include social equity and economic efficiency. Integration of SEA and sustainability assessment can be initiated through the application of DPSIR (Driving Force - Pressure - State - Impact - Response ) framework that was developed by European Environmental Agency.

A Study on the KERIS Introduction of ITA to Which Segment Architecture is Applied (세그먼트 아키텍처 방법을 적용한 한국교육학술정보원 ITA 도입 방안 연구)

  • Park, Hyeong-Yong;Han, Chang-Oh;Kim, Seo-Hoon;Kim, Hyoung-Jin
    • Journal of Information Technology Services
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    • v.7 no.4
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    • pp.119-138
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    • 2008
  • The KERIS having a central role in education information has selected IT Architecture as a means to provide high quality service for customers; based on this, it intends to lay the groundwork for general information projects to come and perform the IT Governance, the management system for information system. The KERIS set up a mid- and long-term road map in order to introduce and utilize ITA and has been preparing for the introduction of architecture to a proper business sector using architecture approaches by segments(sectors) since 2005. This study presented several cases which organizations can refer to when they introduce architecture while promoting an architecture project; and the details were discussed as follows.ition stage, but planned decision-making will take over when it is proven to be effective with information searching.

Dynamic decision making framework for urban flood vulnerability assessment (도시홍수 취약성평가를 위한 동적의사결정모형)

  • Lee, Gyumin;Jun, Kyung Soo
    • Proceedings of the Korea Water Resources Association Conference
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    • 2017.05a
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    • pp.378-378
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    • 2017
  • 본 연구는 도시에서 발생하는 홍수에 대응하기 위해서 홍수취약요인을 구성하고 홍수 위험성을 기반으로 취약지역과 정도를 도출하는 동적의사결정 모형 구성을 목표로 한다. 취약 요인은 인명피해에 초점을 맞추었으며 발생 가능한 홍수의 규모에 따른 취약 요인의 대응역량 등을 반영하여 동적의사결정 모형을 구성하고자 한다. 홍수위험성 산정에는 예상되는 홍수 시나리오를 반영한 SWMM 모델링 결과를 이용하였으며, 취약요인은 델파이기법으로 구성하였다. 구성한 모형은 빈번하게 내수침수가 발생한 지역인 도림천 유역을 대상으로 적용성을 검토하였다. 수립된 모형은 홍수 위험성의 정도에 대하여 발생 가능한 인명피해 지역을 공간적으로 파악할 수 있도록 하며 인명피해 예상 수치를 제공할 수 있다.

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Lead-Lag Relationships between Import Commodity Prices and Freight Rates: The Case of Raw Material Imports of Korea

  • Kim, Chi-Yeol;Park, Kwang-So
    • Journal of Korea Trade
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    • v.23 no.2
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    • pp.34-45
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    • 2019
  • Purpose - This study investigates the lead-lag relations between the prices of major commodities imported into Korea and corresponding shipping freight rates. This paper aims to provide implications for cross-market causal relations between related economic segments. Design/Methodology - For economic long-run equilibrium between commodity prices and freights, a Johansen (1988) cointegration test is employed first. Then, Granger (1987) causality tests are performed under the vector error correction model (VECM) framework. Findings - The results indicate that the direction of causality varies by raw materials, which is attributable to different economic mechanisms in the corresponding shipping transportation sectors. In addition, the significance of causality becomes blurred during the post-2008 period. Practical Implication - Corporate managers in commodity trading, steelmaking, power generation, and oil refinery sectors can take advantage of the findings in this study as identifying leading economic indicators can be helpful for decision making in both short- and long-term strategies. Originality/value - This study is the first attempt to analyze the inter-relations between commodity prices and corresponding freight rates focusing on raw material imports of Korea.

A Study on the Calculation and Provision of Accruals-Quality by Big Data Real-Time Predictive Analysis Program

  • Shin, YeounOuk
    • International journal of advanced smart convergence
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    • v.8 no.3
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    • pp.193-200
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    • 2019
  • Accruals-Quality(AQ) is an important proxy for evaluating the quality of accounting information disclosures. High-quality accounting information will provide high predictability and precision in the disclosure of earnings and will increase the response to stock prices. And high Accruals-Quality, such as mitigating heterogeneity in accounting information interpretation, provides information usefulness in capital markets. The purpose of this study is to suggest how AQ, which represents the quality of accounting information disclosure, is transformed into digitized data in real-time in combination with IT information technology and provided to financial analyst's information environment in real-time. And AQ is a framework for predictive analysis through big data log analysis system. This real-time information from AQ will help financial analysts to increase their activity and reduce information asymmetry. In addition, AQ, which is provided in real time through IT information technology, can be used as an important basis for decision-making by users of capital market information, and is expected to contribute in providing companies with incentives to voluntarily improve the quality of accounting information disclosure.

A DECISION MAKING FRAMEWORK FOR REDUCING PROJECT DURATION BY APPLYING CONCURRENT ENGINEERING IN CONSTRUCTION

  • Han, Jin-Taek;Choi, Do-Seung;Lee, Jae-Seob
    • International conference on construction engineering and project management
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    • 2009.05a
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    • pp.1540-1547
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    • 2009
  • Steel frame factories were surveyed in this study in order to explore the possibility of shortening the construction time and save on construction cost through overlapping at the stages of design or construction. In the survey, construction professionals were interviewed in order to collect quantitative data. Hypotheses were then formulated, and the data was thereby analyzed using the simulation technique in order to analyze the effects of the concurrent engineering method on shorter construction time and cost saving. In addition, actual cases were analyzed to determine the overlapping rates of major processes in terms of shorter construction time and cost saving and to analyze the relationship between time and cost due to overlapping.

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Advanced Business Process Management with Digital Innovations (Review)

  • Masood Ahmed Khalid;Muhammad Jawad Ibrahim
    • International Journal of Computer Science & Network Security
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    • v.23 no.6
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    • pp.121-126
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    • 2023
  • Many organizations are looking for digital innovation to apply in business process management and this information revolution leaves its effect on the businesses and anticipate competitors. In this article, investigates the strength of the relationship between business process management (BMP) and Digital Innovations (DI) since it has been underdeveloped. The results and findings are extracted from international survey with explanations of expert panel to generalized a positive and moderate link of multiple factors that are affecting the strategic decision-making in business process management. It is extended to the Technology Organization Environment (TOE) framework and contour organizations along their Digital Process Innovation (DPI).

Seismic resilience of structures research: A bibliometric analysis and state-of-the-art review

  • Tianhao Yu;Chao Zhang;Xiaonan Niu;Rongting Zhuang
    • Earthquakes and Structures
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    • v.25 no.5
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    • pp.369-383
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    • 2023
  • Seismic resilience (SR) plays a vital role in evaluating and improving performance losses along with saving repair costs of structures from potential earthquakes. To further explore the developments, hotspots, and trend directions of SR, a total of 901 articles are obtained from the Web of Science (WoS) database. CiteSpace software is used to conduct a bibliometric analysis, which indicates an upward trend of publications in SR and explores the relationship of countries, journals, cited references, and keywords based on visual maps and detailed tables. Then, based on the results of the bibliometric analysis, a state-of-the-art review is conducted to further explore the current challenges and trend directions of SR. The trend directions can be divided into five categories: (a) SR assessments of infrastructure structures, (b) multi-hazard quantifications of SR, (c) seismic resilient structures, (d) refining and calibrating analytical models, and (e) multi-criteria decision-making frameworks for sustainability and SR.