Optimization on the Financial Management of Banks with Two-Stage Goal Programming Model

2021 ◽  
pp. 117-126
Author(s):  
Lam Weng Siew ◽  
Lam Weng Hoe ◽  
Chen Jia Wai
Keyword(s):  
Goal Programming ◽  
Financial Management ◽  
Programming Model ◽  
Two Stage ◽  
Goal Programming Model

scholarly journals Lexicographic Goal Programming Model for Bank’s Performance Management

2021 ◽  
Vol 2021 ◽  
pp. 1-7
Author(s):  
Ali AlArjani ◽  
Teg Alam
Keyword(s):  
Saudi Arabia ◽  
Performance Management ◽  
Goal Programming ◽  
Financial Management ◽  
Programming Model ◽  
Financial Statements ◽  
Operating Income ◽  
Proposed Model ◽  
Goal Programming Model ◽  
Lexicographic Goal Programming

Any bank’s financial management is essential to preparing the assets and liabilities for multiple goals. In this paper, we develop an optimal bank model for the financial management department in the Kingdom of Saudi Arabia. The lexicographic goal programming model was used to formulate the banks’ performance management. In this study, the six goals of one of the leading banks in Saudi Arabia, namely, maximize asset, minimize liability, maximize equity, maximize operating income, maximize net income, and maximizing total goal achievements in the financial statement, were studied. To illustrate the model, we have focused on Al Rajhi Bank’s financial statements as a case study. The data was obtained from the banks’ financial statements. The outcomes of the study exhibited that all goals were accomplished. This proposed model is dynamic because it will help examine the banks’ financial strengths located in the kingdom. As a result, the proposed model can guide banking firms in making decisions and developing strategies to deal with numerous monetary circumstances.

scholarly journals Optimizing the Asset and Liability Management of Telecommunication Company using Goal Programming Model

2020 ◽  
Vol 2 (2) ◽  
Author(s):  
Lam Weng Siew ◽  
Lam Weng Hoe ◽  
Lee Pei Fun
Keyword(s):  
Goal Programming ◽  
Financial Management ◽  
Programming Model ◽  
Data Traffic ◽  
Finance Management ◽  
Liability Management ◽  
Goal Programming Model ◽  
Asset And Liability Management ◽  
Telecommunication Company ◽  
Telecommunications Companies

Since the telecommunications companies experience great competition, high churn rate, data traffic issues during the Covid-19 pandemic and the upgrade to 5G connectivity, the finance management of a telecommunications company should be analyzed to study the volatility and returns in the sector. This paper aims to develop a goal programming model to examine the asset and liability management of a telecommunication company, namely Telekom Malaysia Berhad (TM) in Malaysia. The result of this study shows that TM has achieved all the goals in maximizing assets, equities, profits, earnings and optimum management item while minimizing liabilities over the period of study from 2015 to 2019. Potential improvements on these goals have also been identified through this study. This paper has also contributed to the studies in financial management since past studies have not been done on asset and liability management in telecommunications companies which is rapidly growing and expanding even while the world is suffering from economy crisis during this pandemic.

scholarly journals Optimizing the Financial Management of Electronic Companies using Goal Programming Model

2021 ◽  
Vol 2070 (1) ◽  
pp. 012046
Author(s):  
Lam Weng Hoe ◽  
Lam Weng Siew ◽  
Lee Pei Fun
Keyword(s):  
Goal Programming ◽  
Financial Management ◽  
Programming Model ◽  
Optimal Solution ◽  
Life Cycles ◽  
Strategic Decision ◽  
Electronic Products ◽  
Goal Programming Model ◽  
Optimal Values ◽  
Optimum Management

Abstract The swift development and transformation of emerging technologies such as augmented reality, robotics, biometrics and 3D printing place varying degree of pressure to the electronic industry to play a trailblazing role in making the world a smarter place of living. The concept of smart city increases the demand for the upgrades and sophistication of electronic components. Shorter product life cycles of personal and commercial electronic products also keep the electronic companies in a never-ending loop for huge investments in materials, equipment and expertise. Electronic companies in Malaysia are still facing financial stress in their operations. Therefore, this paper aims to optimize the financial management of listed electronic companies, namely D&O, GTRONIC, UNISEM and VITROX with asset, liability, equity, earning, profit and optimum management item as the objectives using goal programming model. The benchmarks of all the goals are obtained by comparing the maximum and minimum values of the optimal values of these companies. The results of this study show that the goal programming model is able to generate the optimal solution for each company. Besides liability and earnings, all the goals have been attained by these companies upon analysis using goal programming. Possible refinement values particularly for liabilities for all the companies have been generated from this model to provide insights for these companies to benchmark for risk alleviation and strategic decision making.

scholarly journals A Multicriteria Goal Programming Model for Ranking Universities

Mathematics ◽  
2021 ◽  
Vol 9 (5) ◽  
pp. 459
Author(s):  
Fernando García ◽  
Francisco Guijarro ◽  
Javier Oliver
Keyword(s):  
Goal Programming ◽  
Programming Model ◽  
Decision Makers ◽  
University Rankings ◽  
Central Tendency ◽  
Performance Variables ◽  
World University Rankings ◽  
Goal Programming Model ◽  
Objective Quantification

This paper proposes the use of a goal programming model for the objective ranking of universities. This methodology has been successfully used in other areas to analyze the performance of firms by focusing on two opposite approaches: (a) one favouring those performance variables that are aligned with the central tendency of the majority of the variables used in the measurement of the performance, and (b) an alternative one that favours those different, singular, or independent performance variables. Our results are compared with the ranking proposed by two popular World University Rankings, and some insightful differences are outlined. We show how some top-performing universities occupy the best positions regardless of the approach followed by the goal programming model, hence confirming their leadership. In addition, our proposal allows for an objective quantification of the importance of each variable in the performance of universities, which could be of great interest to decision-makers.

Allocation of teaching personnel: A goal programming model

1983 ◽  
Vol 17 (4) ◽  
pp. 211-216 ◽  
Author(s):  
Sheila M. Lawrence ◽  
Kenneth D. Lawrence ◽  
Gary R. Reeves
Keyword(s):  
Goal Programming ◽  
Programming Model ◽  
Goal Programming Model ◽  
Teaching Personnel

Vehicle Park Management Through The Goal Programming Model

2003 ◽  
Vol 41 (1) ◽  
pp. 93-104
Author(s):  
Hamid Goghrod ◽  
Jean-Marc Martel ◽  
Belaïd Aouni
Keyword(s):  
Goal Programming ◽  
Programming Model ◽  
Park Management ◽  
Goal Programming Model
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