• 제목/요약/키워드: management science models

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SCM(Supply Chain Management)에서 최적 생산시스템 모델개발 (The Development of Optimal Production System Model in SCM(Supply Chain Management))

  • 김태호;나승훈;강경식
    • 대한안전경영과학회지
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    • 제3권1호
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    • pp.57-66
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    • 2001
  • By successful establishment of SCM(Supply Chain Management) System they should make the supply chains speedy and combine production information system with the outcome system and thus they reinforce the competition of the production system of local enterprises in accordance with the rapid decision making This study is to develop the most appropriate production system models through the reflection of JIT system in the SCM which is the necessity of the times and its importance. To achieve this goal the researcher diversifies the prerequisites for the success of the business which will be the strategical factors of the production systems. The objects of this study is to develop the most appropriate production system models and to provide the enterprises with the models which are based on the SCM.

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Models of State Clusterisation Management, Marketing and Labour Market Management in Conditions of Globalization, Risk of Bankruptcy and Services Market Development

  • Prokopenko, Oleksii;Martyn, Olga;Bilyk, Olha;Vivcharuk, Olga;Zos-Kior, Mykola;Hnatenko, Iryna
    • International Journal of Computer Science & Network Security
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    • 제21권12호
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    • pp.228-234
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    • 2021
  • The article defines the problems of forming the models of government regulation of clustering, marketing management and labor market in the context of globalization, business bankruptcy risk and services market development. The clustering models based on the optimal partner network cooperation were proposed in order to ensure the strategic development of territories, to attract budget leading enterprises and to support small businesses. A descriptive model of government regulation of clustering, marketing management and labor market in the context of globalization, business bankruptcy risk and Covid-19 was determined.

Nonlinear Height-DBH Growth Models for Larix kaempferi in Gangwon and North Gyeongsang Province

  • Lee, Daesung;Choi, Jungkee;Seo, Yeongwan;Kim, Euigyeong
    • Journal of Forest and Environmental Science
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    • 제30권2호
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    • pp.201-207
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    • 2014
  • This study was conducted to estimate the best-fit nonlinear height-DBH growth models for Larix kaempferi in Gangwon and North Gyeongsang province in South Korea. Exponential, Modified Logistic, Chapman-Richards, and Weibull function were used for estimating height-DBH models. To evaluate the selected models, $R^2$, RMSE, MD, MAD, and residual plots were performed in each model. Also, the coefficients and patterns in models of the previous studies were compared with those in this study. The result showed that Weibull equation was found to be the best-fit model with $R^2$=0.9837, RMSE=2.6133, MD=0.0089, and MAD=2.0896. All model parameters in our study had similar values to those in the previous models except for asymptotic parameter a. Our research result showed that Gangwon and North Gyeongsang province were superior to other provinces with regard to height growth for Larix kaempferi.

Forecasting Chinese Yuan/USD Via Combination Techniques During COVID-19

  • ASADULLAH, Muhammad;UDDIN, Imam;QAYYUM, Arsalan;AYUBI, Sharique;SABRI, Rabia
    • The Journal of Asian Finance, Economics and Business
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    • 제8권5호
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    • pp.221-229
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    • 2021
  • This study aims to forecast the exchange rate of the Chinese Yuan against the US Dollar by a combination of different models as proposed by Poon and Granger (2003) during the Covid-19 pandemic. For this purpose, we include three uni-variate time series models, i.e., ARIMA, Naïve, Exponential smoothing, and one multivariate model, i.e., NARDL. This is the first of its kind endeavor to combine univariate models along with NARDL to the best of our knowledge. Utilizing monthly data from January 2011 to December 2020, we predict the Chinese Yuan against the US dollar by two combination criteria i.e. var-cor and equal weightage. After finding out the individual accuracy, the models are then assessed through equal weightage and var-cor methods. Our results suggest that Naïve outperforms all individual & combination of time series models. Similarly, the combination of NARDL and Naïve model again outperformed all of the individual as well as combined models except the Naïve model, with the lowest MAPE value of 0764. The results suggesting that the Chinese Yuan exchange rate against the US Dollar is dependent upon the recent observations of the time series. Further evidence shows that the combination of models plays a vital role in forecasting which commensurate with the literature.

An XML-Based Modeling Language for the Open Trading of Decision Models

  • Kim, Hyoung-Do
    • 경영과학
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    • 제17권3호
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    • pp.147-160
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    • 2000
  • These days, a modeling tool or environment has to know about the others on the market and build bridges to them with which their customers insist on sharing models and data. When it is based on a closed architecture, a tangle of import/export point translators is required. Using an exchange standard, we can design an open architecture for the interchange of models and data. XML(Extensible Markup Language) provides a framework for describing the syntax for creating and exchanging data structures. The explosive growth of XML-based business proposals and standards reflects the urgent requirements and its strength. This paper proposes an XML-based language for sharing decision models within the MSOR/DSS community. The language is able to allow applications and on-line analytic processing tools to models obtained from multiple sources without having to deal with individual differences between those sources. It is expected to be a medium for B2B integration by supporting flexible interchange of decision models.

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On prediction of random effects in log-normal frailty models

  • Ha, Il-Do;Cho, Geon-Ho
    • Journal of the Korean Data and Information Science Society
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    • 제20권1호
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    • pp.203-209
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    • 2009
  • Frailty models are useful for the analysis of correlated and/or heterogeneous survival data. However, the inferences of fixed parameters, rather than random effects, have been mainly studied. The prediction (or estimation) of random effects is also practically useful to investigate the heterogeneity of the hospital or patient effects. In this paper we propose how to extend the prediction method for random effects in HGLMs (hierarchical generalized linear models) to log-normal semiparametric frailty models with nonparametric baseline hazard. The proposed method is demonstrated by a simulation study.

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The Selection of Growth Models in Technological Forecasting

  • Oh, Hyun-Seung
    • 한국경영과학회지
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    • 제16권1호
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    • pp.120-134
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    • 1991
  • Various technological forecasting models have been proposed to represent the time pattern of technological growths. Of six such models studied, some models do significantly better than others, especially at low penetration levels, in predicting future levels of growth. Criteria for selecting an appropriate model for technological growth model are examined in this study. Two major characteristics were selected which differentiate the various models ; the skew of the curve and the underlying assumptions regarding the variance of the error structure of the model. Although the use of statistical techniques stil requires some subjective input and interpretations, this study provides some practical procedures in the selection of technological growth models and helps to reduce or control the potential source of judgmental error inconsistencies in the analyst's decision.

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품질개선 프로세스에서 통계적 차이와 실제적 동등성 모형의 유도 및 적용방안 (Derivation and Implementation of Statistical Difference and Practical Equivalence Models in the Quality Improvement Processes)

  • 최성운
    • 대한안전경영과학회지
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    • 제12권2호
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    • pp.217-223
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    • 2010
  • The research proposes the complementary methodology using integrated hypothesis testing and confidence interval models that can be identified the statistical difference and practical equivalence. The models developed in this study can be used in the quality improvement processes such as QC story 15 steps. For the expressions of CI4LSD(Confidence Interval for Least Significant Difference) and CI4TOST(Confidence Interval for Two One-Sided Tests) are simple, quality practioners can efficiently handle them. CI4TOST models as a complement can be applied when CI4LSD models are influenced by sample size and precision.

A Case-Based New Financial Product Screening System

  • Lee, Hoon-Young
    • 한국경영과학회지
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    • 제19권3호
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    • pp.151-167
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    • 1994
  • Initial screening is one of the most important and difficult processes in new product development. Many new product screening models have been developed in management and marketing. However practical applications of these models have been limited in part due to their complexity and inflexibility, and in part due to their excessive data requirements. Thus simple judgment models have been popular in practice. However, these models suffer from inaccuracy and inconsistency originating form human cognitive limitations. In light of the problem swith traditional screening methods, we propose a new approach for screening based on managers' past experience and intuitive judgments-screening by analogy, and develop a computerized case-based system for screening new financial service concepts. Using the system, managers can predict the potential performance of a new product concept based on the performance of past products that are similar to it in terms of product characteristics, firm's resources, and market conditions. Based on this prediction, managers make a screening decision.

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