Search results for: risk in decision-making - Bridge of Knowledge

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Search results for: risk in decision-making

Search results for: risk in decision-making

  • Prognostic and diagnostic capabilities of OOBN in assessing investment risk of complex construction projects

    Publication

    Modelling decision problems using Bayesian networks is extremely valuable especially in case of issues related to uncertainty; it is also very helpful in constructing and understanding visual representation of the elements and their relations. This approach facilitates subsequent application of Bayesian networks, however there can be situations where using simple Bayesian networks is impractical or even ineffective. The aim of...

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  • Multicriteria Optimization Approach to Design and Operation of District Heating Supply System over its Life Cycle

    Publication

    District Heating (DH) systems are commonly supplied using local heat sources. Nowadays, modern insulation materials allow for effective and economically viable heat transportation over long distances (over 20 km). In the paper a method for optimized selection of design and operating parameters of long distance Heat Transportation System (HTS) is proposed. The method allows for evaluation of feasibility and effectivity of heat transportation...

  • Integrating Experience-Based Knowledge Representation and Machine Learning for Efficient Virtual Engineering Object Performance

    Publication

    - Procedia Computer Science - Year 2021

    Machine learning and Artificial Intelligence have grown significant attention from industry and academia during the past decade. The key reason behind interest is such technologies capabilities to revolutionize human life since they seamlessly integrate classical networks, networked objects and people to create more efficient environments. In this paper, the Knowledge Representation technique of Set of Experience...

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  • Impact of digital technologies on reliability of risk forecasting models - case study of enterprises in three global financial market regions

    Publication

    - Year 2021

    This chapter focuses on the evaluation of impact of ICT on reliability of financial risk forecasting models. Presented study shows how the development of ICT can improve the effectiveness of such models. Determining a firm’s financial risk is one of the most interesting topics for investors and decision-makers. The multifaceted goal of the presented research is to separately estimate five traditional statistical and five soft computing...

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  • THE CASE OF MANAGEMENT CONCEPTS IN CIVIL AVIATION BUSINESS.

    Publication

    The article presents the changes in management concepts used in civil aviation business in last 25 years. There is a need to make prognosis and support decision-making processes with different models but each model is adapted to current management concept. This article will present the changes and possible future trends in management concepts with the description of strengths and weaknesses of each of them. These might be used...

  • OPTIMISING RIG DESIGN FOR SAILING YACHTS WITH EVOLUTIONARY MULTIOBJECTIVE ALGORITHM

    The paper presents a framework for optimising a sailing yacht rig using Multi-objective Evolutionary Algorithms and for filtering obtained solutions by means of a Multi-criteria Decision Making method. A Bermuda sloop with discontinuous rig is taken under consideration as a model rig configuration. It has been decomposed into its elements and described by a set of control parameters to form a responsive model which can be used...

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  • CIVILIZING THE PUBLIC PARTICIPATION PRACTICE IN POST-TRANSITION COUNTRIES

    The phenomenon of public participation is not so new to both planning theory and practice. In fact, involving local community in the decision-making process regarding local urban development directions is widely discussed and a number of various forms of these are being introduced. This paper deals with a number of

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  • Embodying Intelligence in Autonomous and Robotic Systems with the Use of Cognitive Psychology and Motivation Theories

    Publication

    The article discusses, on a certain level of abstraction and generalization, a coherent anthropological approach to the issue of controlling autonomous robots or agents. A contemporary idea can be based on appropriate modeling of the human mind using the available psychological knowledge. One of the main reasons for developing such projects is the lack of available and effective top-down approaches resulting from the known research...

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  • Embodying Intelligence in Autonomous Systems with the Use of Cognitive Psychology and Motivation Theories

    Publication

    The article discusses, on a certain level of abstraction and generalization, a coherent anthropological approach to the issue of controlling autonomous robots or agents. A contemporary idea can be based on appropriate modeling of the human mind using the available psychological knowledge. One of the main reasons for developing such projects is the lack of available and effective top-down approaches resulting from the known research...

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  • The Principles of Model Building Concepts Which Are Applied to the Design Patterns for Smart Cities

    Publication

    - Year 2017

    The involvement of citizens into decision-making processes is one of the main features of smart cities. Such commitment is reflected in the form of requirements towards the city, and the benefits which are expected from the city. Requirements and benefits are thus the primary language of communication between decision-makers and urban residents. To develop such a language, it becomes necessary to develop design patterns for Smart...

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  • Model of a Maturity Capsule in Managing IT Projects

    The main purpose of this article is to present a report on the development of a model of information technology management (MITM). This model is an answer to the need to support decision making in the selection of methods and information technologies. This article presents a multisequential model (MSM) of technology selection and a model for initial processing procedures (IPP) necessary for the MITM model. The presentation of the...

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  • Constructing autonomous agents using the cognitive-emotional architecture of the mind

    Publication

    The article discusses an important issue regarding the humanoid aspects of modern science related to the autonomy of systems and robotization. Particular attention is paid to the basic aspects of cognitive architecture. After a short introduction, the Intelligent Decision Making System, developed at the ETI Faculty of the Gdańsk University of Technology, is described.

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  • Dynamic Bankruptcy Prediction Models for European Enterprises

    This manuscript is devoted to the issue of forecasting corporate bankruptcy. Determining a firm’s bankruptcy risk is one of the most interesting topics for investors and decision-makers. The aim of the paper is to develop and to evaluate dynamic bankruptcy prediction models for European enterprises. To conduct this objective, four forecasting models are developed with the use of four different methods—fuzzy sets, recurrent and...

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  • Two-phase optimizing approach to design assessments of long distance heat transportation for CHP systems

    Cogeneration or Combined Heat and Power (CHP) for power plants is a method of putting to use waste heat which would be otherwise released to the environment. This allows the increase in thermodynamic efficiency of the plant and can be a source of environmental friendly heat for District Heating (DH). In the paper CHP for Nuclear Power Plant (NPP) is analyzed with the focus on heat transportation. A method for effectivity and feasibility...

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  • Big Data Analytics for ICT Monitoring and Development

    Publication

    - Year 2017

    The expanded growth of information and communication technology has opened new era of digitization which is proving to be a great challenge for researchers and scientists around the globe. The utmost paradigm is to handle and process the explosion of data with minimal cost and discover relevant hidden information in the least amount of time. The buzz word “BIG DATA” is a widely anticipated term with the potential to handle heterogeneous,...

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  • Smart experience engineering to support collaborative design problems based on constraints modelling

    Publication

    Engineering design is a knowledge intensive process. Experts' experiences from different product life-cycle stages play a key role in problem solving during design decision making by linking up knowledge to find better solutions for a specific design problem. Different approaches have been used to support Collaborative and Concurrent Product Design, such as Constraint Satisfaction Problem (CSP) modelling. Additionally, due to the...

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  • Generative Process Planning with Reasoning based on Geometrical Product Specification

    The focus of this paper is on computer aided process planning for parts manufacture in systems of definite process capabilities, involving the use of multi-axis machining centers for parts shaping and grinding machines for finishing. It presents in particular a decision making scheme for setup determination as a part of generative process planning. The planning procedurę consists of two stages. The first stage is associated with...

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  • Management and economic of engineer projects

    e-Learning Courses
    • A. Ossowska

    Lectures  - 05 October-30 November, 2023 1. Project management: Engineers, projects, management, planning and scheduling, personnel and organizational, team building, project control, estimating and ordering. 2. Team building: personality types, team effectiveness. 3. Project management: WBS, Gantt, Earned Value Method, critical path, risk management. 4. Economic Engineering: Establishing economic equivalence, Interest: cost...

  • Developing an Ontology from Set of Experience KnowledgeStructure

    Publication

    - Year 2006

    When referring to knowledge forms,collecting for all decision eventsin a knowledge-explicit way becomes a significant ask for any company. Set of experience knowledge structure can assis in accomplishing this purpose.However,after collecting,distributing and sharing that knowledge as adecisional DNA is even a more important advance.Distributing and sharing companies' decisional DNA through an efficient development of Ontologies...

  • Decisional DNA and Optimization Problem

    Publication

    - Year 2013

    Many researchers have proved that Decisional DNA (DDNA) and Set of Experience Knowledge Structure (SOEKS or SOE) is a technology capable of gathering information and converting it into knowledge to help decision-makers to make precise decisions in many ways. These techniques have a feature to combine with different tools, such as data mining techniques and web crawlers, helping organization collect information from different sources...

  • Jerzy Konorski dr hab. inż.

    Jerzy Konorski received his M. Sc. degree in telecommunications from Gdansk University of Technology, Poland, and his Ph. D. degree in computer science from the Polish Academy of Sciences, Warsaw, Poland. In 2007, he defended his D. Sc. thesis at the Faculty of Electronics, Telecommunications and Informatics, Gdansk University of Technology. He has authored over 150 papers, led scientific projects funded by the European Union,...

  • Znaczenie i dynamika efektuacji w działaniach zespołów projektowych IT

    Cel: Celem opracowania jest sprawdzenie, na ile wdrażanie zasad efektuacji jest korzystne dla efektywności zespołów projektowych pracujących nad innowacyjnymi rozwiązaniami i czy wpływa na ich satysfakcję. Metodyka badań: Badania ilościowe zrealizowano w studenckich zespołach projektowych z branży IT, opracowujących rozwiązania na zlecenie interesariuszy zewnętrznych. Do pomiaru zmiennych wykorzystano autorskie kwestionariusze....

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  • A Framework for Enhancing Supplier Selection Process by Using SOEKS and Decisional DNA

    Publication

    Abstract. Supplier selection process is one of the significant stages in supply chain management for industrial manufactured products. It plays an integral role in the success of any manufacturing organization and is an important part starting right from selecting raw material to dispatch of finished products. This paper contributes to enhance the supplier selection process by proposing a multi-criteria decision making framework...

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  • DETERMINATION OF OBJECTIVES FOR URBAN FREIGHT POLICY

    Publication

    - LogForum - Year 2014

    Background: Decisions regarding strategic planning of urban freight transport very often are based on superficial assumptions inadequately reflecting the actual character of encountered challenges. The trend may be observed to adapt isolated solutions without supporting measures and verification of expected outcomes. Selected urban freight solutions have a significant potential to alleviate transport related problems, but they...

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  • Observation Value Analysis – Integral Part of Bayesian Diagnostics

    The decision making process, in general, is understood as a process of selecting one of the available solutions to the problem. One of possible approaches supporting the process is Bayesian statistical decision theory providing a mathematical model to make decisions of a technical nature in conditions of uncertainty. Regarding above, a detailed subject of the research is to analyze the value of the observation, which is a part...

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  • Systemy Smart Cities - studium przypadku

    The paper presents the architecture of an enterprise service bus used in the construction of information systems processing large amounts of data for decision-making needs at the City Hall in Gdańsk. The key concept of processes of bus development involves installation of developing environment, database connection, flow mechanisms and data presentation. The issue was supported by models such as KPI (Key Processes Identifier) and...

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  • Comparative Greenness Evaluation

    Publication

    Greenness of analytical procedure is multivariable aspect as many greenness criteria should be taken into consideration. On the other hand, modern analytical chemistry offers dozens of analytical procedures, based on different sample preparation and final determination techniques that are used for the determination of a given analyte in a given matrix. For such complex decision-making processes, multi-criteria decision analysis...

  • Developing Novel Solutions to Realise the European Energy - Information Sharing & Analysis Centre

    Publication

    For more effective decision making in preparation for and response to cyberevents in the energy sector, multilevel situation awareness, from technical to strategic is essential. With an uncertain picture of evolving threats, sharing of the latest cybersecurity knowledge among all sector stakeholders can inform and improve decisions and responses. This paper describes two novel solutions proposed during the formation of the European...

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  • The structure of knowledge resources supporting a model of IT technologies architecture = Struktury zasobów wiedzy wspierających model architektury technologii IT

    Publication

    - Studies & Proceedings of Polish Association for Knowledge Management - Year 2012

    This paper introduces an abstract model for tools used in the software engineering process. The main goal of the research is to develop a universal model which allows a description of tools used in the process. The model supports a decision making process and gives an option to choose the best tooling for the situation. The model considers many factors including, but not exclusive to, the company structure, project environment...

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  • The investment process in the power supply industry

    Publication

    - Rynek Energii - Year 2012

    The basis for power supply industry programming in a market economy should be the principle of sustainable development, which must take into account maintaining an adequate level of energy security on the one hand, and the aim to preserve the maximum degree of non-renewable resources on the other hand. Therefore, the overriding aim should be a strive to meet the current and prospective demand for energy and fuel, in conjugation...

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  • Towards Digital Anti-Corruption Typology for Public Service Delivery

    Publication

    - Year 2019

    Digital anti-corruption refers to a family of digital technology tools that are used to fight corruption. Many such tools have not performed well in practice due to their non-alignment with forms of corruption they are supposed to fight against and persistence of corruption-enabling conditions. The aim of this paper is to contribute to filling this gap by offering a typology of digital anti-corruption in public service delivery...

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  • Emotions Embodied in the SVC of an Autonomous Driver System

    Publication

    A concept of embodied intelligence (EI) is considered. None of such implementations can be fully identified with artificial intelligence. Projects that dare to approach AI and EI should be based on both the AI concepts (symbolic and sub-symbolic), in solving real problems of perception and decision-making. Therefore, the EI, in this paper, is understood as a methodology that uses all available resources and algorithms from the...

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  • Działania intuicyjne w praktyce przedsiębiorczej

    Intuicję definiuje się jako szybkie, nieświadome i holistyczne przeczucie, które jest dynamicznym procesem poznawczym opartym na doświadczeniu i wiedzy przedsiębiorcy. Intuicja pozwala rozpoznawać okazje biznesowe i uzupełnia racjonalne podejmowanie decyzji biznesowych. Korzystanie z intuicji jest wskazane szczególnie ze względu na permanentnie zmieniające się otoczenie prowadzenia firmy oraz duży poziom niepewności, towarzyszący...

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  • Jakub Golik dr

    Jakub Golik currently works as a Research & Teaching Assistant at the Faculty of Management and Economics, Department of Entrepreneurship, Gdańsk University of Technology. Jakub does research in Utility-maximizing Models in Economy, Entrepreneurial Economics, Career Choice and Decision/Risk Theory. In his research he utilises mainly quantitative and experimental research methods including Conjoint Analysis and Structural Equation...

  • Improving the prediction of biochar production from various biomass sources through the implementation of eXplainable machine learning approaches

    Publication
    • V. G. Nguyen
    • P. Sharma
    • Ü. Ağbulut
    • H. S. Le
    • D. N. Cao
    • M. Dzida
    • S. M. Osman
    • H. C. Le
    • V. D. Tran

    - International Journal of Green Energy - Year 2024

    Examining the game-changing possibilities of explainable machine learning techniques, this study explores the fast-growing area of biochar production prediction. The paper demonstrates how recent advances in sensitivity analysis methodology, optimization of training hyperparameters, and state-of-the-art ensemble techniques have greatly simplified and enhanced the forecasting of biochar output and composition from various biomass...

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  • Smart Innovation Engineering: Toward Intelligent Industries of the Future

    Publication

    - CYBERNETICS AND SYSTEMS - Year 2018

    Knowledge-based Engineering Systems are founded upon integration of knowledge into computer systems and are one of the core requirements for the future Industry 4.0. This paper presents a system called Smart Innovation Engineering (SIE) capable of facilitating product innovation process semi-automatically. It enhances decision-making processes by using the explicit knowledge of formal decision events. The SIE system carries the...

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  • Applying Decisional DNA to Internet of Things: The Concept and Initial Case Study

    Publication

    - CYBERNETICS AND SYSTEMS - Year 2015

    In this article, we present a novel approach utilizing Decisional DNA to help the Internet of Things capture decisional events and reuse them for decision making in future operations. The Decisional DNA is a domain-independent, standard and flexible knowledge representation structure that allows its domains to acquire, store, and share experiential knowledge and formal decision events in an explicit way. We apply this approach...

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  • Green analytical chemistry introduction to chloropropanols determination at no economic and analytical performance costs?

    In this study we perform ranking of analytical procedures for 3-monochloropopane-1,2-diol determination in soy sauces with PROMETHEE method. Multicriteria decision analysis was performed for three different scenarios – metrological, economic and environmental, by application different weights to decision making criteria. All three scenarios indicate capillary electrophoresis – based procedure as the most preferable. Apart from...

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  • Smart Virtual Product Development (SVPD): Experience Based Product Development System for Industry 4.0

    Publication

    - Year 2020

    This chapter presents the concept of smart virtual product development (SVPD) system capable of supporting industrial product development. It enhances the decision making process during various activities involved in product development i.e. product design, manufacturing, and inspection planning. This is achieved by using the explicit knowledge of past formal decision events, which are captured, stored, and recalled in the form...

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  • Towards Experience-Based Smart Product Design for Industry 4.0

    Publication

    - CYBERNETICS AND SYSTEMS - Year 2019

    This paper presents the concept of smart virtual product development (SVPD) system capable of supporting industrial product development process. It enhances the decision making process during different stages and activities involved in product development i.e. product design, manufacturing, and its inspection planning. The enhancement is achieved by using the explicit knowledge of formal past decision events, which are captured,...

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  • Cost assessment of computer security activities

    Publication

    Comprehensive cost-benefit analysis plays a crucial role in the decision-making process when it comes to investments in information security solutions. The cost of breaches needs to be analysed in the context of spending on protection measures. However, no methods exist that facilitate the quick and rough prediction of true expenditures on security protection systems. Rafal Leszczyna of Gdansk University of Technology presents...

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  • Management Psychology 2022

    e-Learning Courses
    • P. Ziemiański

    During the Management Psychology course, the focus is placed on how psychological science, research, and knowledge can support management. The course topics include elements pertaining to individual differences, decision-making, leadership, group work, stress management, and more. Course participants have to take a mid-term test and submit the final project at the end of the semester. During our first meeting, you have learned...

  • Big Data from Sensor Network via Internet of Things to Edge Deep Learning for Smart City

    Publication

    - Year 2021

    Data from a physical world is sampled by sensor networks, and then streams of Big Data are sent to cloud hosts to support decision making by deep learning software. In a smart city, some tasks may be assigned to smart devices of the Internet of Things for performing edge computing. Besides, a part of workload of calculations can be transferred to the cloud hosts. This paper proposes benchmarks for division tasks between an edge...

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  • Model otwartej architektury rozproszonych dokumentów elektronicznych wspierającej proces podejmowania decyzji w trybie obliczeń zespołowych

    Publication

    - Year 2013

    Model otwartej architektury mobilnych dokumentów interaktywnych MIND, został opracowany w celu efektywnego zarządzania informacją w procesach podejmowanych przez organizacje oparte na wiedzy. Architektura ta stanowi całościowy opis struktury i funkcjonalności dokumentu, zaprojektowanego w celu realizacji rozproszonego przetwarzania zespołowego i pracy grupowej. Umożliwia automatyczne przejście od statycznej postaci dokumentów...

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  • Uncovering the invisible barriers to women’s success

    Publication

    - Year 2022

    In the area of science and higher education, as in business and politics, the job situation of women is improving, and the percentage of women on executive positions is increasing. However, there is still a serious underrepresentation of women in the highest decision-making bodies. Ladies also take part in the strategic institutional events less frequently. There are still serious disproportions in academic and management positions,...

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  • Machine Learning and Text Analysis in an Artificial Intelligent System for the Training of Air Traffic Controllers

    Publication
    • T. Shmelova
    • Y. Sikirda
    • N. Rizun
    • V. Lazorenko
    • V. Kharchenko

    - Year 2020

    This chapter presents the application of new information technology in education for the training of air traffic controllers (ATCs). Machine learning, multi-criteria decision analysis, and text analysis as the methods of artificial intelligence for ATCs training have been described. The authors have made an analysis of the International Civil Aviation Organization documents for modern principles of ATCs education. The prototype...

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  • Smart Virtual Product Development (SVPD) to Enhance Product Manufacturing in Industry 4.0

    Publication

    - Procedia Computer Science - Year 2019

    This paper presents a system capable of enhancing product development process for industrial manufactured products. This system is known as Smart Virtual Product Development (SVPD), and it helps in decision making by using explicit knowledge of formal decision events. It stores and reuses the past decisional events or sets of experiences related to different activities involved in industrial product development process i.e. product...

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  • A framework estimating the minimum sample size and margin of error for maritime quantitative risk analysis

    Publication

    The average accident frequency is essential for quantitative risk analysis and is conventionally estimated from accident statistics. This paper has systematically synthesised the knowledge on statistical errors and offered the missing instructions, a framework, for determining the minimum sample size and the margin of error (MOE) when calculating the average accident frequency from an accident database at hand. We have applied...

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  • Interpretation and modeling of emotions in the management of autonomous robots using a control paradigm based on a scheduling variable

    The paper presents a technical introduction to psychological theories of emotions. It highlights a usable ideaimplemented in a number of recently developed computational systems of emotions, and the hypothesis thatemotion can play the role of a scheduling variable in controlling autonomous robots. In the main part ofthis study, we outline our own computational system of emotion – xEmotion – designed as a key structuralelement in...

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  • Dysfunctional prefrontal cortical network activity and interactions following cannabinoid receptor activation.

    Publication

    - Journal of Neuroscience - Year 2011

    Coordinated activity spanning anatomically distributed neuronal networks underpins cognition and mediates limbic-cortical interactions during learning, memory, and decision-making. We used CP55940, a potent agonist of brain cannabinoid receptors known to disrupt coordinated activity in hippocampus, to investigate the roles of network oscillations during hippocampal and medial prefrontal cortical (mPFC) interactions in rats. During...

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