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REFERENCE LINKING PLATFORM OF KOREA S&T JOURNALS
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Korean Management Science Review
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The Korean Operations and Management Science Society
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Volume & Issues
Volume 24, Issue 2 - Nov 2007
Volume 24, Issue 1 - May 2007
Selecting the target year
Design of Consolidated Patent Index for Effective Utilization of Patent Information
Shin, Han-Seop ;
Korean Management Science Review, volume 24, issue 2, 2007, Pages 1~18
This paper presents a consolidated patent index to measure national technology innovation and science technology activation, as well as index for the main constituent such as corporation, research organization by comprehensive analysis of existing patent index. It is classified by macroscopic index and analytical index in the consolidated patent index, in which macroscopic index is to present a degree of innovation in national scientific innovation and is divided into the Consolidated Patent Index and Index for comparison between countries. The analytical index basically designed to measure R&D activity by the main constituent is divided to present by quantitative index utilizing bibliographical data in patent and other technical publication related therein, and qualitative index for analysis of bibliographical data. In this paper, the Consolidated Patent Index is presented by adding Creation Index representing for patent by developing excellent technology, Evaluation Index representing valuable technology thereof, and Utility Index representing applicability diffused.
Innovation Resistance in Adoption Process of New R&D Grant Management System
Park, Sang-June ; Byun, Ji-Yeon ; Cho, Min-Ho ; Kim, Dong-Won ;
Korean Management Science Review, volume 24, issue 2, 2007, Pages 19~31
Since the concept of "innovation resistance" was introduced as a summary construct for customers not adopting a superior innovation, a lot of researchers have examined to identify the relationship between the innovation resistance and the various innovation and situation variables. This paper addresses the innovation resistance coming from the introduction of a new R&D grant management system(RGMS) in a university. The new RGMS is based on research grant management policies newly accredited by the government, where the central management of the research grants is indispensable. We have surveyed professors and researchers about the introduction of a new RGMS, and empirically analyzed the perceived innovation characteristics and the user characteristics affecting the innovation resistance. The result shows that perceived risk is the most important factor influencing on the innovation resistance.
A rounding algorithm for alternate machine scheduling
Hwang, Hark-Chin ;
Korean Management Science Review, volume 24, issue 2, 2007, Pages 33~42
In this paper we consider an alternate m machine scheduling problem in which each job having at most two eligible machines should be assigned with the objective of makespan minimization. For this problem. we propose a
time rounding algorithm with performance ratio at most 1.5. For a little general problem where each job can be processed in at most three machines, we prove that a polynomial time algorithm does not exist with performance ratio less than 1.5.
Heuristic for the Pick-up and Delivery Vehicle Routing Problem: Case Study for the Remicon Truck Routing in the Metropolitan Area
Ji, Chang-Hun ; Kim, Mi-Yi ; Lee, Young-Hoon ;
Korean Management Science Review, volume 24, issue 2, 2007, Pages 43~56
VRP(Vehicle Routing Problem) is studied in this paper, where two different kinds of missions are to be completed. The objective is to minimize the total vehicle operating distance. A mixed integer programming formulation and a heuristic algorithm for a practical use are suggested. A heuristic algorithm consists of three phases such as clustering, constructing routes, and adjustment. In the first phase, customers are clustered so that the supply nodes are grouped with demand nodes to be served by the same vehicle. Vehicle routes are generated within the cluster in the second phase. Clusters and routes are adjusted in the third phase using the UF (unfitness) rule designed to determine the customers and the routes to be moved properly. It is shown that the suggested heuristic algorithm yields good performances within a relatively short computational time through computational experiment.
Multi-scale Cluster Hierarchy for Non-stationary Functional Signals of Mutual Fund Returns
Kim, Dae-Lyong ; Jung, Uk ;
Korean Management Science Review, volume 24, issue 2, 2007, Pages 57~72
Many Applications of scientific research have coupled with functional data signal clustering techniques to discover novel characteristics that can be used for the diagnoses of several issues. In this article we present an interpretable multi-scale cluster hierarchy framework for clustering functional data using its multi-aspect frequency information. The suggested method focuses on how to effectively select transformed features/variables in unsupervised manner so that finally reduce the data dimension and achieve the multi-purposed clustering. Specially, we apply our suggested method to mutual fund returns and make superior-performing funds group based on different aspects such as global patterns, seasonal variations, levels of noise, and their combinations. To promise our method producing a quality cluster hierarchy, we give some empirical results under the simulation study and a set of real life data. This research will contribute to financial market analysis and flexibly fit to other research fields with clustering purposes.
Multi-Level Response Surface Approximation for Large-Scale Robust Design Optimization Problems
Kim, Young-Jin ;
Korean Management Science Review, volume 24, issue 2, 2007, Pages 73~80
Robust Design(RD) is a cost-effective methodology to determine the optimal settings of control factors that make a product performance insensitive to the influence of noise factors. To better facilitate the robust design optimization, a dual response surface approach, which models both the process mean and standard deviation as separate response surfaces, has been successfully accepted by researchers and practitioners. However, the construction of response surface approximations has been limited to problems with only a few variables, mainly due to an excessive number of experimental runs necessary to fit sufficiently accurate models. In this regard, an innovative response surface approach has been proposed to investigate robust design optimization problems with larger number of variables. Response surfaces for process mean and standard deviation are partitioned and estimated based on the multi-level approximation method, which may reduce the number of experimental runs necessary for fitting response surface models to a great extent. The applicability and usefulness of proposed approach have been demonstrated through an illustrative example.
The Optimal Inventory Level of the Maintenance Float to Achieve a Target Operational Availability of Korean-Made Helicopter
Lee, Sang-Jin ; Kim, Seong-Won ;
Korean Management Science Review, volume 24, issue 2, 2007, Pages 81~93
Achieving a target operational availability is more economical and efficient than having many quantities of the weapon system, since the cost of weapon system becomes expensive. The intent of this study is twofold; first, we develop the simulation model to determine the optimal inventory level of the maintenance float while achieving a target operational availability of the Korean-made helicopter. The quantity decision model considers following factors such as a reliability. a turn around time(TAT). a protection level for inventory, and so on. Second, we analyze whether the existence of a lateral transshipment among bases and the reduction of TAT relate to an inventory level and the operational availability. The research result shows that both TAT and lateral transshipment have an effect on reducing the inventory level of the maintenance float and improving an operational availability.
Factors Influencing Intension to Use PMP : a combination of Ubiquitousness, Community, Image, and Perceived Enjoyment into the Technology Acceptance Model
Um, Myoung-Yong ; Kim, Mi-Ryang ; Kim, Tae-Ung ;
Korean Management Science Review, volume 24, issue 2, 2007, Pages 95~114
The main attractant of portable multimedia player(PMP), is often their versatility : being able to load and play different formats of video, audio, digital images, and interactive media. In this paper, we investigate the factors influencing the usage the PMP, based on the extended version of the Technology Acceptance Model. Using the data collected from online survey, we show that perceived usefulness, perceived ease of use, and perceived enjoyment are the major determinants for using PMP. Factors, including ubiquitousness, community, and image are shown to directly or indirectly determine the level of perceived usefulness and ease of uses. In addition, we classify PMP users into two groups, users seeking hedonic value and utilitarian value, and examine the differences in path coefficients. Properties of the causal paths, including standardized path coefficients, the significance of difference, in the hypothesized model, are also presented, so that we can investigate the relative influences of different dominants, demonstrating how two groups differ in their decision-making processes regarding the PMP usage.
On the Applicability of the Extreme Distributions to Korean Stock Returns
Kim, Myung-Suk ;
Korean Management Science Review, volume 24, issue 2, 2007, Pages 115~126
Weekly minima of daily log returns of Korean composite stock price index 200 and its five industry-based business divisions over the period from January 1990 to December 2005 are fitted using two block-based extreme distributions: Generalized Extreme Value(GEV) and Generalized Logistic(GLO). Parameters are estimated using the probability weighted moments. Applicability of two distributions is investigated using the Monte Carlo simulation based empirical p-values of Anderson Darling test. Our empirical results indicate that both the GLO and GEV models seem to be comparably applicable to the weekly minima. These findings are against the evidences in Gettinby et al., who claimed that the GEV model was not valid in many cases, and supported the significant superiority of the GLO model.
Mobile Access Network Design
Kim, Hu-Gon ; Paik, Chun-Hyun ; Kwon, Jun-Hyuk ; Chung, Yong-Joo ;
Korean Management Science Review, volume 24, issue 2, 2007, Pages 127~142
This study deals with the optimal design of mobile access network connecting base stations(BSs) and mobile switching centers(MSCs). Generally mobile operators constitute their access networks by leasing communication lines. Using the characteristic of leased line rate based on administration region, we build an optimization model for mobile access network design which has much smaller number of variables than the existing researches. And we develop a GUI based optimization tool integrating the well-known softwares such as MS EXCEL. MS VisualBasic, MS PowerPoint and Ip_solve, a freeware optimization software. Employing the current access network configuration of a Korean mobile carrier, this study using the optimization tool obtain an optimal solution for both single MSC access network and nation-wide access network. Each optimal access network achieves 7.45% and 9.49% save of lease rate, respectively. Considering the monthly charge and total amount of lease line rate, our optimization tool provides big amount of save in network operation cost. Besides the graphical representation of access networks makes the operator easily understand and compare current and optimal access networks.
A Hybrid Approach to Information System Sizing and Selection using Simulation and Genetic Algorithm
Min, Jae-H. ; Chang, Sung-Woo ; Shin, Kyung-Shik ;
Korean Management Science Review, volume 24, issue 2, 2007, Pages 143~155
The purpose of this paper is to develop a new method for information system sizing and selection based on a hybrid mixture of simulation and genetic algorithm, and to show its cost-effectiveness by applying it to a real world problem. To serve this purpose, we propose an operational model which identifies a set of system alternatives using simulation, and determines the optimal one using genetic algorithm. Specifically, with simulation, we generate probability distributions describing real data gathered from actual system, which can overcome the major weakness of the existing methodology that normally employs point estimates of the actual data and constant correction factors without theoretical rationale. We next search for the optimal combination of H/W, the number of CPUs, and S/W, which meets both of our business goals of incurring low TCO(total cost of ownership) and maintaining a good level of transaction processing performance. Experimental result shows the proposed method in this paper saves the cost while it preserves the system's capacity within allowable performance range.
A Genetic Algorithm-based Construction Mechanism for FCM and Its Empirical Analysis of Decision Support Performance : Emphasis on Solving Corporate Software Sales Problem
Chung, Nam-Ho ; Lee, Nam-Ho ; Lee, Kun-Chang ;
Korean Management Science Review, volume 24, issue 2, 2007, Pages 157~176
Fuzzy cognitive map(FCM) has long been used as an effective way of constructing the human's decision making process explicitly. By taking advantage of this feature, FCM has been extensively used in providing what-if solutions to a wide variety of business decision making problems. In contrast, the goal-seeking analysis mechanism by using the FCM is rarely observed in literature, which remains a research void in the fields of FCM. In this sense, this study proposes a new type of the FCM-based goal-seeking analysis which is based on utilizing the genetic algorithm. Its main recipe lies in the fact that the what-if analysis as well as goal-seeking analysis are enabled very effectively by incorporating the genetic algorithm into the FCM-driven inference process. To prove the empirical validity of the proposed approach, valid questionnaires were gathered from a number of experts on software sales, and analyzed statistically. Results showed that the proposed approach is robust and significant.
Integration of Heterogeneous Models with Knowledge Consolidation
Bae, Jae-Kwon ; Kim, Jin-Hwa ;
Korean Management Science Review, volume 24, issue 2, 2007, Pages 177~196
For better predictions and classifications in customer recommendation, this study proposes an integrative model that efficiently combines the currently-in-use statistical and artificial intelligence models. In particular, by integrating the models such as Association Rule, Frequency Matrix, and Rule Induction, this study suggests an integrative prediction model. Integrated models consist of four models: ASFM model which combines Association Rule(A) and Frequency Matrix(B), ASRI model which combines Association Rule(A) and Rule Induction(C), FMRI model which combines Frequency Matrix(B) and Rule Induction(C), and ASFMRI model which combines Association Rule(A), Frequency Matrix(B), and Rule Induction(C). The data set for the tests is collected from a convenience store G, which is the number one in its brand in S. Korea. This data set contains sales information on customer transactions from September 1, 2005 to December 7, 2005. About 1,000 transactions are selected for a specific item. Using this data set. it suggests an integrated model predicting whether a customer buys or not buys a specific product for target marketing strategy. The performance of integrated model is compared with that of other models. The results from the experiments show that the performance of integrated model is superior to that of all other models such as Association Rule, Frequency Matrix, and Rule Induction.