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A multicriterion optimization model for industrial promotion : the case of Korea | |
Author | Shin, Myeong-jae |
Call Number | AIT Thesis no. IE-87-09 |
Subject(s) | Industrial promotion--Korea |
Note | A thesis submitted in partial fulfillment of the requirements for the degree of Master of Engineering, School of Engineering and Technology |
Publisher | Asian Institute of Technology |
Series Statement | Thesis ; no. IE-87-09 |
Abstract | Industrial polices form a major part of a country's national economic and development plan. Countries like Korea, where manufacturing is a prime engine of economic growth , need sound industrial policies to promote the balanced growth of industries. This thesis develops a generalized goal programming model for selecting which industries need , and to what extent they are , to be promoted in line with the national economic goals. A dynamic version of the model is also developed in order to simulate the optimal growth avenues of the selected industries. The national economic objectives pursued in the model include the following: Foreign Exchange Earnings, Employment Opportunities , Domestic Content, Energy Consumption, Import Substitution , and Productivity. The model is applied to six industrial sectors, namely, Fabricated Metal Products, General Industrial Machinery and Equipment, Electrical Equipment and Apparatus, Electronic and Communication Equipment , Transportation Equipment, and Measuring, Medical and Optical Instruments. When applied to those sectors, the model shapes u p into one with 6 priority structures, 89 variables, and 147 goals and structural constraints. The model is solved using the Sequential Linear Goal Programming Approach via an MPSX Package. The model developed is a general one and can therefore be applied to any industrial sector or subsectors. It is intended to serve as a software laboratory for selecting types of industrial activities which need to be given promotion. With appropriate modifications, it can also be made applicable to other countries with capitalist economies . |
Year | 1987 |
Corresponding Series Added Entry | Asian Institute of Technology. Thesis ; no. IE-87-09 |
Type | Thesis |
School | School of Engineering and Technology |
Department | Other Field of Studies (No Department) |
Academic Program/FoS | Industrial Engineering (IE) |
Chairperson(s) | Tabucanon, Mario T. ; |
Examination Committee(s) | Tang, John C.S. ;Frausum, Yves G. Van ; |
Scholarship Donor(s) | Government of Federal Republic of Germany; |
Degree | Thesis (M.Eng.) - Asian Institute of Technology, 1987 |