• Title/Summary/Keyword: decision making framework

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Development of managerial decision-making support technology model for supporting knowledge intensive consulting process (지식집약형 컨설팅프로세스 지원을 위한 경영의사결정지원 기술모델 개발연구)

  • Kim, Yong Jin;Jin, Seung Hye
    • Journal of Digital Convergence
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    • v.11 no.4
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    • pp.251-258
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    • 2013
  • Recently companies are confronted with a much more sophisticated business environment than before and at the same time have to be able to adapt to rapid changes. Accordingly, the need for selecting among alternatives and managing systematic decision-making has been steadily increasing to respond to a more diverse customer needs and keep up with the fierce competition. In this study, we propose a framework that consist of problem solving procedures and techniques and knowledge structure built on processes to support strategic decision making. and discuss how to utilize simulation tools as the knowledge-based problem solving tools. In addition we discuss how to build and advance the knowledge structure to implement the proposed architecture. Management decision support systems architecture consist of three key factors. The first is Problem Solving Approach which is used as reference. The second is knowledge structure on business processes that includes standard and reference business processes. The third is simulators that are able to generate and analyze alternatives using problem solving techniques and knowledge base. In sum, the proposed framework of decision-making support systems facilitates knowledge-intensive consulting processes to promote the development and application of consulting knowledge and techniques and increase the efficiency of consulting firms and industry.

Development of framework to estimate environmental loads of PSC beam bridges based on LCA

  • Lee, Wan Ryul;Kim, Kyong Ju;Yun, Won Gun;Kim, In Kyum
    • International conference on construction engineering and project management
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    • 2015.10a
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    • pp.730-731
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    • 2015
  • This study aims at giving the framework to estimate the environmental load at planning and schematic phase. With increasing awareness of environmental issues, the effort to reduce the environmental impacts caused by human activity has been increasingly enlarged. So far most of researches estimating CO2 emissions have analyzed energy consumption based on BOQ (Bills of Quantity) acquired after detailed design. There is also lack of reliability in the estimated environmental impact using the basic unit of a facility at the planning stage, because it uses a limited specific section of historical data. Thus, this study is targeted at developing framework to assess reliable environmental loads based on information available at project early phases by making case-bases from historical design information on PSC Beam Bridge. Historical database is built on the basis of the LCA (Life Cycle Assessment) and in order to set input information for estimating model, the literature about information in an early project phase are reviewed. Using the information available in the planning and schematic design stage, the Framework is presented to estimate the environmental load in an early stage in the project. Developing an environmental load estimation model in accordance with the Framework presented in this study, it is expected that the environmental load in the initial project phase can be estimated more quickly and accurately.

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An Interactive Multi-objective Decision Making Technique for Sequencing Mixed Model Assembly Lines Based on Evolution Programs (진화프로그램에 기반을 둔 혼합모델 조립라인의 투입순서를 위한 대화형 다목적 의사결정 기법)

  • Kim, Yeo-Keun;Lee, Soo-Yeon
    • Journal of Korean Institute of Industrial Engineers
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    • v.25 no.3
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    • pp.310-320
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    • 1999
  • A mixed model assembly line (MMAL) is a special type of production line where a variety of product models similar in product characteristics are assembled. Determining the model sequence is an important problem for the efficient use of MMALs. This paper considers interactive multiobjective decision making problems for MMAL sequencing. Evolution program is employed as an underlying framework. In this study, a way of approximating the linear utility function is first studied. To improve its search efficiency to the solution space preferred by a decision maker, some modifications of a standard evolution program are made: operating several subpopulations instead of a single population and merging two or more subpopulations to a single subpopulation, and using a Pareto pool. Extensive computational experiments are carried out to verify the performance of the proposed approach. The computational results show that our approach is promising in solution quality.

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Goal Setting in Multiple Criteria Decision Making

  • Lee, Jae-Kyu
    • 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.

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Critical Criteria Based on Facility Condition Index for Supporting Priority Decision-making in Educational Facilities

  • Shin, Seung Woo;Yi, June Seong
    • International conference on construction engineering and project management
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    • 2015.10a
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    • pp.687-688
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    • 2015
  • The objective of identifying the cause of inconsistency in determining priority of educational facility maintenance, any related factors were thoroughly identified and tested, to see if it has any effect on decision-making process in resource allocation for educational facilities. On the assumption that 'the more there are to be repaired/maintained and deferred, the higher the relevant cost will be, this will lead to a significant social loss. Accordingly, this study established a framework of determining resource allocation priority based on deferred maintenance and its related expenses. For doing so, it was required to determine relative ranking in terms of resource allocation within a pre-assigned school district, in consideration of the criticality of each deferred maintenance attribute/variable.

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The Relationship between HMO's Organizational Structures and Cost Reduction (HMO(Health Maintenance Orgarnization)의 내부조직구조와 의료비용절감과의 관계)

  • 김정화
    • Health Policy and Management
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    • v.3 no.1
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    • pp.102-123
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    • 1993
  • This study investigates effcts of HMO internal structural arrangements on performance, specially cost reduction measured by hospitalization rate. This study formulates formalization, centralization measured by decision-making participation, differentiation, and coordination as structural factors, considering coordination as an intermediate factor between the rest of structural factors and hospitalization rate. The commonly used HMO types is assumed not effective in explaining performance differences. For the empirical test, I use bootstrap regression analyses with 48 HMOs. The results of the analyses show that HMO types fail to explain differences in hospitalization rate. However, dicision-making participation and differention effectively reduce hospiatalization rate, while frmalization increases hospitalization rate and coordination has nonessential effect on hospitalization rate. And, formalization and decision-making participation positively contribute to achieve coordination in HMO. These findings suggest that the theoretical framework derived from rational-citingency theory of formal organization better explains performance differences of HMOs than HMO types.

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A Study on Investment Decision Making Criterion based on Crowd Funding (크라우드펀딩의 투자의사결정기준에 관한 연구)

  • Lee, Eui-Bang;Lee, Jae-Beom;Yang, Chang-Gyu
    • Information Systems Review
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    • v.16 no.2
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    • pp.25-41
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    • 2014
  • While previous studies on Crowd funding mainly focused on the plan and policy of the introduction of Crowd funding, this study classified Investment Decision Making criterion and proposed the significance of each factor, leading to results that can help investors practically. According to the analysis, (1) physical resource in business is the most important criterion to be considered as the way for investor to objectively make decisions on business model, (2) although people pay attention to the managerial capabilities of business, the creativity of business model is not being paid much attention. The result of this study can objectively determine investment decision making on business model thought a quantitative standard of judgment. Moreover, an environment should be built for healthy decision making which is based on business model instead of only product, and it is necessary to have institutional framework to enable new companies to have healthy competition with existing companies through creative business model.

Agent-based System for Complex Decision Making and Negotiation: Application to Virtual Manufacturing (복잡한 의사결정과 협상 환경을 위한 에이전트 기반 시스템: 가상생산 응용)

  • Lee, Kyoung-Jun;Chang, Yong-Sik;Choi, Hyung-Rim;Kim, Hyun-Soo;Park, Young-Jae;Park, Byung-Joo
    • Information Systems Review
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    • v.4 no.2
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    • pp.223-236
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    • 2002
  • In an agent-based system, each agent has its own decision making capability and competes, cooperates, and communicates each other with an agent interface. Virtual manufacturing has characteristics as a typical application area of agent-based system: complex and time-bound decision making and negotiation. The time-boundness influences the choice of decision making models and design of protocols for internal and external negotiation. In this paper, we provide a case study which suggests a time-bound framework for external and internal negotiation between the agents for virtual manufacturing environment. We illustrate decision making model selection strategy and the system architecture of the agent-based system for the complex and time-bound environment.

The Quantitative Analysis of Alternative-Decision in Missile Test: Focusing on Selecting a Foreign Test Site through Data Envelopment Analysis (미사일 시험을 위한 대안결정의 정량적 분석: 자료포락분석을 이용한 국외 시험장 선정을 중심으로)

  • Han, Seung Jo
    • Convergence Security Journal
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    • v.20 no.4
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    • pp.3-12
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    • 2020
  • Although the related regulations or guidelines are not specified in the defense weapon system R&D process, R&D authorities frequently encounter problems that require rational decision-making. If the rational process is not applied in the matter of alternative choice, the project could be disrupted, which can result in longer project periods or more resource provision. In particular, a variety of decision-making methods are needed for test&evaluation of missile R&D. The issue of selecting a test site is one of the representative decision-making problems. If it is needed to determine the priority of multiple sites, Delphi Method and Analytic Hierarchy Process(AHP) will be applied. However, if the input of cost is to be considered, Data Envelopment Analysis(DEA) is more valuable to solve the problem. This paper proposes a solution to handle quantitatively various decision-making problems that can occur in missile flight test, and shows how DEA is applied through a simulated case study of selecting a foreign test site.

Slope design optimization framework for road cross section using genetic algorithm based on BIM

  • Ke DAI;Shuhan YANG;Zeru LIU;Jung In KIM;Min Jae SUH
    • International conference on construction engineering and project management
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    • 2024.07a
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    • pp.558-565
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    • 2024
  • This paper presents the development of an optimization framework for road slope design. Recognizing the limitations of current manual stability analysis methods, which are time-consuming, are error-prone, and suffer from data mismatches, this study proposes a systematic approach to improve efficiency, reduce costs, and ensure the safety of infrastructure projects. The framework addresses the subjectivity inherent in engineers' decision-making process by formalizing decision variables, constraints, and objective functions to minimize costs while ensuring safety and environmental considerations. The necessity of this framework is embodied by the review of existing literature, which reveals a trend toward specialization within sub-disciplines of road design; however, a gap remains in addressing the complexities of road slope design through an integrated optimization approach. A genetic algorithm (GA) is employed as a fundamental optimization tool due to its well-established mechanisms of selection, crossover, and mutation, which are suitable for evolving road slope designs toward optimal solutions. An automated batch analysis process supports the GA, demonstrating the potential of the proposed framework. Although the framework focuses on the design optimization of single cross-section road slopes, the implications extend to broader applications in civil engineering practices. Future research directions include refining the GA, expanding the decision variables, and empirically validating the framework in real-world scenarios. Ultimately, this research lays the groundwork for more comprehensive optimization models that could consider multiple cross-sections and contribute to safer and more cost-effective road slope designs.