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2007 Graduate Catalog and 2006 Annual R & D Report - Sirindhorn ...

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<strong>2007</strong> <strong>Graduate</strong> <strong>Catalog</strong> <strong>and</strong> <strong>2006</strong> <strong>Annual</strong> R & D <strong>Report</strong><br />

<strong>Sirindhorn</strong> International Institute of Technology (SIIT)<br />

Dr. Pornpimol Chongphaisal<br />

Lecturer<br />

B.B.A. in Marketing, Assumption University, Thail<strong>and</strong><br />

M.A. in Comparative Management, Ritsumeikan University, Japan<br />

Ph.D. in Management, Ritsumeikan University, Japan<br />

Areas of Specialization: Intercorporate relations, Competencies <strong>and</strong> their applications in Human Resources<br />

Management, Organizational Behavior <strong>and</strong> Development.<br />

Research Interest:<br />

The “Intermediate Form” of Intercorporate<br />

Relations<br />

The traditional ‘make’ refers to a company making its<br />

own products whereas ‘buy’ refers to the transaction<br />

in the market, has become a problem of the past.<br />

Both ‘market’ <strong>and</strong> ‘organization’ as we know has its<br />

own sets of attributes. In making a transaction, a<br />

company has to select which is better between the<br />

two, taking into consideration the attributes <strong>and</strong> costs<br />

underlying each of them. A large diversified<br />

organization has the internal market for the goods,<br />

internal capital market, <strong>and</strong> internal labor market.<br />

Transactions in the middle range has been labeled<br />

differently as ‘hybrid transactions’, <strong>and</strong> ‘mixed<br />

coordination systems’. Dr. Pornpimol’s focus is on the<br />

study of these ‘intermediate forms’ which is not quite<br />

a complete integration into a single firm, but not quite<br />

an exchange between two separate firms in markets<br />

either. Firms may form links or bonds of a long term,<br />

‘relational’ nature, through which they become<br />

interdependent for business. The study covers not<br />

only the intercorporate shareholding <strong>and</strong> interlocking<br />

directorates but includes cases where the buyer may<br />

own tools used by the supplier or cases where there<br />

may be intensive technology transfer or sharing of<br />

technical <strong>and</strong> managerial knowledge between firms.<br />

The transaction efficiency, stemming from such a<br />

relationship, enables the parties involved to realize<br />

the reduction of production cost <strong>and</strong> transaction costs<br />

or its combination. Dr. Pornpimol observed the<br />

relationship between the cohesiveness of<br />

intercorporate relations <strong>and</strong> the reduction of<br />

transaction costs of a business group in Thail<strong>and</strong> <strong>and</strong><br />

compared it with those of Japan. Social network<br />

analysis is employed to quantitatively measure <strong>and</strong><br />

compare intercorporate shareholdings of the objects<br />

of study to underst<strong>and</strong> the changes of these<br />

relationships over time. The results implied by<br />

quantitative measurement are examined <strong>and</strong> logically<br />

explained in terms of the effects to the reduction of<br />

transaction costs.<br />

Dr. Somrote Komolavanij<br />

Associate Professor<br />

B.Eng. in Chemical Engineering, Chulalongkorn University, Thail<strong>and</strong><br />

M.S. & Ph.D. in Industrial Engineering, University of Texas at Arlington, USA<br />

Areas of Specialization: Engineering economy, Quality control, <strong>and</strong> Operations research.<br />

Research Interests:<br />

Applications of Fuzzy Sets Theory to Industrial<br />

Problems<br />

The theory of fuzzy set was proposed in the early<br />

1960s. It is suitable for applying to a problem where<br />

uncertainty is presented. The uncertainty can be the<br />

uncertainty of the data or the uncertainty of<br />

controlling rules. For example, capital budgeting<br />

problems usually require a lot of data for doing<br />

analysis <strong>and</strong> most of the data has to be estimated as<br />

it is future data. Examples of such data are many<br />

kinds of costs, interest rates <strong>and</strong> expected profit of<br />

the particular project, etc. Therefore, there will be<br />

uncertainty presented during the estimation process.<br />

For the uncertainty of controlling rules, fuzzy set<br />

theory can be used as the fuzzy decision-criteria to<br />

control the machine or the process to operate more<br />

efficiently or more economically.<br />

Engineering Economy<br />

Engineering Economy is the process that involves<br />

guidelines used for evaluating alternatives of<br />

investments. The research in this area will focus on<br />

the topics of investment analysis, replacement<br />

analysis, <strong>and</strong> mutually exclusive alternatives<br />

selections. Both deterministic <strong>and</strong> probabilistic<br />

capital budgeting models will be investigated.<br />

Operations Research<br />

The main purpose of research in this area is to<br />

minimize the cost or maximize the profit of what we<br />

are investigating. Mathematical models are used to<br />

represent the situation of the problem. They can be<br />

linear programming, non-linear programming, integer<br />

programming, dynamic programming model or job<br />

assignment model. After the type of model is<br />

selected <strong>and</strong> the model is developed, the optimal<br />

solution can be obtained by solving the model.<br />

Quality Control<br />

The application of quality control tools to improve the<br />

process is the main interest in this area. The research<br />

will include the application of Statistical Process<br />

Control (SPC), Sampling Plan, ISO 9000 <strong>and</strong> ISO<br />

14000.<br />

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