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REFERENCE LINKING PLATFORM OF KOREA S&T JOURNALS
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Korean Management Science Review
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Journal DOI :
The Korean Operations and Management Science Society
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Volume & Issues
Volume 11, Issue 3 - Oct 1994
Volume 11, Issue 2 - Jun 1994
Volume 11, Issue 1 - Mar 1994
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Development of the 'Three-stage' Bayesian procedure and a reliability data processing code
Korean Management Science Review, volume 11, issue 2, 1994, Pages 1~27
A reliability data processing MPRDP (Multi-Purpose Reliability Data Processor) has been developed in FORTRAN language since Jan. 1992 at KAERI (Korean Atomic Energy Research Institute). The purpose of the research is to construct a reliability database(plant-specific as well as generic) by processing various kinds of reliability data in most objective and systematic fashion. To account for generic estimates in various compendia as well as generic plants' operating experience, we developed a 'three-stage' Bayesian procedure by logically combining the 'two-stage' procedure and the idea for processing generic estimates. The first stage manipulates generic plant data to determine a set of estimates for generic parameters,e.g. the mean and the error factor, which accordingly defines a generic failure rate distribution. Then the second stage combines these estimates with the other ones proposed by various generic compendia (we call these generic book type data). This stage adopts another Bayesian procedure to determine the final generic failure rate distribution which is to be used as a priori distribution in the third stage. Then the third stage updates the generic distribution by plant-specific data resulting in a posterior failure rate distribution. Both running failure and demand failure data can be handled in this code. In accordance with the growing needs for a consistent and well-structured reliability database, we constructed a generic reliability database by the MPRDP code. About 30 generic data sources were reviewed and available data were collected and screened from them. We processed reliability data for about 100 safety related components frequently modeled in PSA. The underlying distribution for the failure rate was assumed to be lognormal or gamma, according to the PSA convention. The dependencies among the generic sources were not considered at this time. This problem will be approached in further study.
Maximum-Likelihood Estimation using a Variance-Covariance Relationship of Stochastic elements within a panel
Korean Management Science Review, volume 11, issue 2, 1994, Pages 29~41
This paper analyses the stochastic nature of the Permanent Income Hypothesis (PIH) by specifying the variance-covariance structure of PIH based on Hall and Mishkin. Maximum likelihood is employed to estimate the model by explicitely incorporating the heteroscedastic nature of the data into the likelihood. The data used are individual Korean household consumption and income data. The results indicate that the data are generally consistent with the Permanent Income Hypothesis, and about 11 percent of the total variation in consumption may be attributable to the excess sensitivity of consumption to income.
Development of an object-oriented model management framework for computer executable algebraic modeling languages
Korean Management Science Review, volume 11, issue 2, 1994, Pages 43~63
A new model management framework is proposed to accommodate wide-spreading algebraic modeling languages (AMLs), and to facilitate a full range of model manipulation functions. To incorporate different modeling conventions of the leading AMLs (AMPL, GAMS, and SML) homogeneously, generic model concepts are introduced as a conceptual basis and are embodied by the structural and operational constructs of an Object-Oriented Database Management System(ODBMS), enabling the framework to consolidate components of DSSs(database, modelbase, and associated solvers) in a single formalism effectively. Empowered by a database query language, the new model management framework can provide uniform model management commands to models represented in different AMLs, and effectively facilitate integration of the DSS components. A prototype system of the framework has been developed on a commercial ODBMS, ObjectStore, and a C++ programming language.
A framework for the intergration of CIM databases using knowledge-based expert systems
Korean Management Science Review, volume 11, issue 2, 1994, Pages 65~77
One of the major issues in the implementation and maintenance of CIM databases is the sharing and exchange of information among the heterogeneous databases. This paper addresses some architectural aspects for integrating the heterogeneous multi-databases using knowledge-based expert systems. we propose a loosely integrated coupling system between databases and knowledge-based expert systems. Especially we suggest the architectural aspects of such a coupling methodology. we also present the structure and knowledge representation scheme for the proposed knowledge-based expert system. A prototype example is included to illustrate the framework and its mechanism for implementation.
Evaluation of FMS/CIM through case studies in advanced countries
Korean Management Science Review, volume 11, issue 2, 1994, Pages 79~97
Development of logistics decision models - review and research direction -
Korean Management Science Review, volume 11, issue 2, 1994, Pages 99~131
This paper shows the direction in which logistics modellers should make their effort by examining the gap between desirable characteristics which logistics decision models should possess and deficiencies from which existing models suffer. For this purpose, we(1) categorized logistics models into facility planning, inventory management and transportation/delivery planning models, (2) carried out a wide survey of theoretical and industry models within each category and (3) assessed recent development of integrated logistics models.
A comparison of neural networks to ols regression in process/quality control applications
Nam, Kyungdoo ; Sanford, Clive C. ; Jayakumar, Maliyakal D. ;
Korean Management Science Review, volume 11, issue 2, 1994, Pages 133~146
This study compares the performance of neural networks and ordinary least squares regression with quality-control processes. We examine the applicability of neural networks because they do not require any assumptions regarding either the functional from of the underlying process or the distribution of errors. The coefficient of determination(
), mean absolute deviation(MAD), and the mean squared error(MSE) metrics indicate that neural networks are a viable and can be a superior technique. We also demonstrate that an assessment of the magnitude of the neural notwork input layer cumulative weights can be used to determine the relative importance of predictor variables.
QOS and NP problems in the B-ISDN
Korean Management Science Review, volume 11, issue 2, 1994, Pages 147~159
The problems of determining appropriate QOS(Quality of service) requirements of B-ISDN services and finding the corresponding NP(Network Performance) values satisfying the given QOS requirements are very important problems which are directly related to the successful operation of the ATM network, but have not been studied with enough attention yet. The QOS(NP) parameter definition, QOS measurements, and QOS managements are three major problems that should be solved. In this paper, we first introduce the basic concepts of QOS and NP and their relationships. Then we discuss more comprehensive concepts of QOS based on the layered structure of ATM services and the reference time, which can provide a systematic approach for QOS and NP mapping problems. We also provide examples of determining basic QOS(NP) parameters in the ATM layer and a specific example of QOS mapping based on the file transfer in ATM. The results of this paper can be used to establish the comprehensive QOS management model.
A Decision Support System for foreign exchange risk management
Korean Management Science Review, volume 11, issue 2, 1994, Pages 161~184
The purpose of this paper is to suggest a DSS(Decision Support System) framework for managing exchange risks involved in international transactions. To this aim, a number of hedging strategies were suggested and analyzed in their pros and cons. Also, developed were a system architechture and various functional modules for implementing the suggested foreign exchange risk management system and application scenario was demonstrated. Finally, future research areas were indicated.
The effect of psychological types of decision makers and advanced modes of information presentation on the task performance
Korean Management Science Review, volume 11, issue 2, 1994, Pages 185~206
This paper investigated, using a flexible approach, the effects of the psychological type of the decision maker and the advanced format of information presentation on decision maker performance in a computer-simulated production game. The current sutdy was guided by a model derived from a general model developed by Chervany, Dickson, and Kozar(1972). The experimental model had two dependent variables; total profit and decision making time. Three independent variables representing the psychological type of the decision maker, the report format, and decision aids were used in this study.
Evaluations of national innovation/R&D programs in the developed countries and its implications
Korean Management Science Review, volume 11, issue 2, 1994, Pages 207~235
Regarding the study in innovation/R&D programs evaluation, twelve cases from the U.S ., U. K., Germany, France, Sweden, Australia, Japan, and EC are analyzed, and its implications to Korean situation are investigated. From the analysis of the cases, some valuable guidelines for Korea are developed. Some of the guidelines are: the evaluation must be treated as an integral part of the Government supported programs, specialists in evaluation should be raised, the long-term effects and non-economic/social effects should also be included in the evaluation, various efforts to acquire more exact and versatile information necessary for quality evaluation should be made, and additional effort is required for the evaluation to be actualized.
A characteristic-based technology measurement with market factor considered
Korean Management Science Review, volume 11, issue 2, 1994, Pages 237~253
Technology measurement is related with how to construct indicators of technological change and relative ranking of technological sophistication. Many attempts have been made to understand the measurement of technology. However, technology measurement still remains little understood problem in spite of its importance. This article is concerned with improving the measurement of technology by introducing market factors into the model. It illustrate a simple approach to the measurement of technology. This approach is based on the characteristic-space paradigm of technology. A relative ranking of technological sophistication for a product is measurable as a set of characteristics. The main feature of the proposed approach is the combination of technical factors and market factors. Technical factors are reflected in the definition of technological sophistication. Market factors are embraced in the determination of the relative importance assigned to each technology defining characteristics. Thus, the weight is determined by technical factors and market factors, which differentiates the study from the past based on judgmental technique such as experts' opinion.