• Title/Summary/Keyword: optimal decision

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Decision Method of Optimal Engine System for High-Speed Ship by Analytical Hierarchy Process (AHP 기법에의한 고속선의 최적 기관 시스템 결정법)

  • H.B. Ro
    • Journal of Advanced Marine Engineering and Technology
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    • v.22 no.3
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    • pp.381-395
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    • 1998
  • The purpose of this study is to determine the optimal gas turbine system for special purpose ships. First we generate critical evaluation criteria an construct their hierarchical structure. The criteria consist of qualitative ones as well as the economic factor. Then AHP is applied to solve the decision making problem AHP gibes good results different from those only by the economic evaluation methods. And during the analysis, the procedure produces many useful informations to the decision making. The results shows that AHP is an appropriate method for these kinds of problems such as the system selection.

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A Decision Support System for Selecting the Optimal Method of Depreciation (최적 감가상각을 위한 의사 결정 지원 시스템)

  • Kim, Chang-Eun;Ju, Yong-Jun
    • IE interfaces
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    • v.2 no.1
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    • pp.59-68
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    • 1989
  • The determination of the optimal depreciation as constrained by the tax law is very complicated computation which is laborious and time-comsurning process. The objective of this research effort is to develop a Decision Support System for Depreciation(DSSD) that can be used by a decision maker to analyze alternative depreciation strategies and to select that strategy which will be most beneficial to the firm from a tax and net profit standpoint.

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A design of binary decision tree using genetic algorithms and its application to the alphabetic charcter (유전 알고리즘을 이용한 이진 결정 트리의 설계와 영문자 인식에의 응용)

  • 정순원;김경민;박귀태
    • Proceedings of the Korean Institute of Intelligent Systems Conference
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    • 1995.10b
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    • pp.218-223
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    • 1995
  • A new design scheme of a binary decision tree is proposed. In this scheme a binary decision tree is constructed by using genetic algorithm and FCM algorithm. At each node optimal or near-optimal feature or feature subset among all the available features is selected based on fitness function in genetic algorithm which is inversely proportional to classification error, balance between cluster, number of feature used. The proposed design scheme is applied to the handwtitten alphabetic characters. Experimental results show the usefulness of the proposed scheme.

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Deciding the Optimal Shutdown Time Incorporating the Accident Forecasting Model (원자력 발전소 사고 예측 모형과 병합한 최적 운행중지 결정 모형)

  • Yang, Hee Joong
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.41 no.4
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    • pp.171-178
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    • 2018
  • Recently, the continuing operation of nuclear power plants has become a major controversial issue in Korea. Whether to continue to operate nuclear power plants is a matter to be determined considering many factors including social and political factors as well as economic factors. But in this paper we concentrate only on the economic factors to make an optimum decision on operating nuclear power plants. Decisions should be based on forecasts of plant accident risks and large and small accident data from power plants. We outline the structure of a decision model that incorporate accident risks. We formulate to decide whether to shutdown permanently, shutdown temporarily for maintenance, or to operate one period of time and then periodically repeat the analysis and decision process with additional information about new costs and risks. The forecasting model to predict nuclear power plant accidents is incorporated for an improved decision making. First, we build a one-period decision model and extend this theory to a multi-period model. In this paper we utilize influence diagrams as well as decision trees for modeling. And bayesian statistical approach is utilized. Many of the parameter values in this model may be set fairly subjective by decision makers. Once the parameter values have been determined, the model will be able to present the optimal decision according to that value.

A New Soft-Fusion Approach for Multiple-Receiver Wireless Communication Systems

  • Aziz, Ashraf M.;Elbakly, Ahmed M.;Azeem, Mohamed H.A.;Hamid, Gamal A.
    • ETRI Journal
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    • v.33 no.3
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    • pp.310-319
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    • 2011
  • In this paper, a new soft-fusion approach for multiple-receiver wireless communication systems is proposed. In the proposed approach, each individual receiver provides the central receiver with a confidence level rather than a binary decision. The confidence levels associated with the local receiver are modeled by means of soft-membership functions. The proposed approach can be applied to wireless digital communication systems, such as amplitude shift keying, frequency shift keying, phase shift keying, multi-carrier code division multiple access, and multiple inputs multiple outputs sensor networks. The performance of the proposed approach is evaluated and compared to the performance of the optimal diversity, majority voting, optimal partial decision, and selection diversity in case of binary noncoherent frequency shift keying on a Rayleigh faded additive white Gaussian noise channel. It is shown that the proposed approach achieves considerable performance improvement over optimal partial decision, majority voting, and selection diversity. It is also shown that the proposed approach achieves a performance comparable to the optimal diversity scheme.

An Algorithm for Searching Pareto Optimal Paths of HAZMAT Transportation: Efficient Vector Labeling Approach (위험물 수송 최적경로 탐색 알고리즘 개발: Efficient Vector Labeling 방법으로)

  • Park, Dong-Joo;Chung, Sung-Bong;Oh, Jeong-Taek
    • Journal of the Korean Society of Hazard Mitigation
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    • v.11 no.3
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    • pp.49-56
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    • 2011
  • This paper deals with a methodology for searching optimal route of hazard material (hazmat) vehicles. When we make a decision of hazmat optimal paths, there is a conflict between the public aspect which wants to minimize risk and the private aspect which has a goal of minimizing travel time. This paper presents Efficient Vector Labeling algorithm as a methodology for searching optimal path of hazmat transportation, which is intrinsically one of the multi-criteria decision making problems. The output of the presented algorithm is a set of Pareto optimal paths considering both risk and travel time at a time. Also, the proposed algorithm is able to identify non-dominated paths which are significantly different from each other in terms of links used. The proposed Efficient Vector Labeling algorithm are applied to test bed network and compared with the existing k-shortest path algorithm. Analysis of result shows that the proposed algorithm is more efficient and advantageous in searching reasonable alternative routes than the existing one.

Optimal Selection of Energy System Design Using Fuzzy Framework (모호집합론을 사용한 에너지계통 설계의 최적선택)

  • 김성호;문주현
    • Proceedings of the Korea Society for Energy Engineering kosee Conference
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    • 1998.10a
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    • pp.3-8
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    • 1998
  • The present work proposes the potential fuzzy framework, based on fuzzy set theory, for supporting decision-making problems, especially, selection problems of a best design in the area of nuclear energy system. The framework proposed is composed of the hierarchical structure module, the assignment module, the fuzzification module, and the defuzzification module. In the structure module, the relationship among decision objectives, decision criteria, decision sub-criteria, and decision alternatives is hierarchically structured. In the assignment module, linguistic or rank scoring approach can be used to assign subjective and/or vague values to the decision analyst's judgment on decision variables. In the fuzzification module, fuzzy numbers are assigned to these values of decision variables. Using fuzzy arithmetic operations, for each alternative, fuzzy preference index as a fuzzy synthesis measure is obtained. In the defuzzification module, using one of methods ranking fuzzy numbers, these indices are defuzzified to overall utility values as a cardinality measure determining final scores. According these values, alternatives of interest are ranked and an optimal alternative is chosen. To illustrate the applicability of the framework proposed to selection problem, as a case example, the best option choice of four design options under five decision criteria for primary containment wall thickening around large penetrations in an advanced nuclear energy system is studied.

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Optimal Control for Cash Management with Investment and Retrieval (투자와 회수를 고려한 기업의 최적 현금 관리)

  • Kim, Eun-Gab;Byun, Jin-Ho;Pae, Jae-Hyun
    • IE interfaces
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    • v.24 no.4
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    • pp.396-407
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    • 2011
  • We develop a cash management model in which firms face randomly occurred investment projects and retrieve investments upon the maturity of these projects. Using the Markov Decision Problem approach, we examine a control policy which dynamically adjusts the cash balance under the discounted cost criterion. The existence of an optimal policy is shown under some conditions. The optimal solution procedure is developed to find the optimal points and the optimal sizes for adjusting the cash balance. In numerical experiment, we investigate important structural properties of the optimal cash management policy.

A Decision-Supporting Model for Rehabilitation of Old Water Distribution Systems

  • Kim, Joong-Hoon;Geem, Zong-Woo;Lee, Hyun-dong;Kim, Seong-Han
    • Korean Journal of Hydrosciences
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    • v.8
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    • pp.31-40
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    • 1997
  • Flow carrying capacity of water distribution systems is getting reduced by deterioration of pipes in the systems. The objective of this paper is to present a managerial decision-making model for the rehabilitation of water distribution systems with a mininum cost. The decisions made by the model also satisfy the requirements for discharge and pressure at demanding nodes in the systems. Replacement cost, pipe break repair cost, and pumping cost are considered in the economic evaluation of the decision along with the break rate and the interest rate to determine the optimal replacement time for each pipe. Then, the hydraulic integrity of the water distribution system is checked for the decision by a pipe network simulator, KYPIPE, if discharge and pressure requirements are satisfied. In case the system does not satisfy the hydraulic requirements, the decision made for the optimal replacement time is revised until the requirments are satisfied. The model is well applied to an existing water distribution system, the Seoul Metropolitan Water Supply System (1st Phase). The results show that the decisions for the replacement time determined by the economic analysis are accepted as optimal and hydraulic integrity of the system is in good condition.

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Development of Quantitative Decision Support Model for Optimal Form-Work Based on Construction Site Type (건축 공사현장 유형별 최적 거푸집 공법선정을 위한 정량적 의사결정 지원모델 개발)

  • Kim, Oh-Hyung;Cha, Hee-Sung
    • Korean Journal of Construction Engineering and Management
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    • v.20 no.4
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    • pp.56-68
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    • 2019
  • An optimal selection of form-work is very important in the construction project in terms of construction cost and duration management. Also, it substantially affects the quality of the structure and the finishing work. However, in South Korea, the decision making on the selection of form-work has been based on the experience and intuition of construction practitioners not on the objective data or rational decision-making system. In order to solve the problem, several types of research on the selection of form-work has been processed. However, they did not consider the construction site condition, which is one of the most important factors for the selection of form-work. Thus, the objective of this study is developing the objective decision supporting system considering the site condition. This study provides the quantitative decision support model for optimal form-work based on construction site type. It is expected that the decision support model will help the practitioners decide optimal form-work based on the objective data. It will ameliorate the existing decision making process using experience and intuition. In addition, because the model considers site-conditions, it will provide more accurate and appropriate decision on the selection of an optimal form-work.