Engaging multiple perspectives: A value-based decision-making model

The lack of optimality in the Field Experience Program (FEP) placement has affected universities’ educational services to the stakeholders. Bringing together the stakeholders’ needs, university capacities, and participants’ willingness to quality and quantity is not easy. This study tries to optimize the placement of FEP by considering the interests of multiple perspectives through the application of Multi-Objective Optimization on the Basic of Ratio Analysis (MOORA) and Rule-Based methods in the form of a decision-making model. MOORA ranked the students based on the FEP committee’s perspective and other criteria, such as micro-teaching grades, final GPAs, study programs, number of credits, and student addresses. Meanwhile, the school perspective was ordered based on its accreditations, levels, types, facilities, and performances. To achieve the optimal recommendation of FEP placement, the integration of MOORA and Rule-based intertwined the requirement of such perspectives. A prototype of the system recommendation is then acquired to simplify the decision-making model. As adjudications, a survey from twenty stakeholders evidenced around 86.92% of system user acceptances. The confusion matrix testing defines the accuracy of this method reaches 78.33%. This paper reveals that the recommendation model has been successfully increasing the effectiveness of decision making in FEP placement under the needs and expectations of the entire stakeholders.

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The Effect of Web-based wirtual discussion environments on the change of lerner's multiple perspectives: Using a collaborative decision-making model in Social Studies

Journal of Educational Technology ◽

10.17232/kset.16.1.3 ◽

2000 ◽

Vol 16 (1) ◽

pp. 3-27 ◽

Cited By ~ 1

Author(s):

Echeo Kang ◽

Wonha Lee

Keyword(s):

Decision Making ◽

Social Studies ◽

Multiple Perspectives ◽

Collaborative Decision Making ◽

Web Based ◽

Decision Making Model ◽

Collaborative Decision

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A Value-Based Decision-Making Model for Selecting Sustainable Materials for Buildings

International Journal on Advanced Science Engineering and Information Technology ◽

10.18517/ijaseit.11.6.14411 ◽

2021 ◽

Vol 11 (6) ◽

pp. 2279

Author(s):

Amirul Afiq Bin Ruslan ◽

Ezzaddin Abdullah Ali Al-Atesh ◽

Yani Rahmawati ◽

Christiono Utomo ◽

Noor Amila Wan Abdullah Zawawi ◽

...

Keyword(s):

Decision Making ◽

A Value ◽

Sustainable Materials ◽

Decision Making Model

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The Viability of Outsourcing in Organisational Performance: Benefits and Risks

10.5772/intechopen.98308 ◽

2021 ◽

Author(s):

Mário Franco ◽

Margarida Rodrigues ◽

Rui Silva

Keyword(s):

Decision Making ◽

Literature Review ◽

Transaction Costs ◽

Value Chain ◽

Organisational Performance ◽

Use Of Resources ◽

A Value ◽

Organisational Structures ◽

Decision Making Model

Outsourcing is part of a system, as it includes products and services integrated in a value chain and which are performed by an external (contracted) firm, aiming to establish an interdependent, collaborative and trusting relationship between the contracting and contracted firms. Like any dimension of business in organisations, changes in organisational structures and in how the service is produced/provided, outsourcing brings benefits and risks. Therefore, from literature review method, this chapter aims to explore the concept of outsourcing as a differentiating tool in organisations’ performance, emphasising the benefits and risks. The results showed the dimensions to consider in the decision to implement outsourcing, which are: (1) transaction costs, (2) use of resources, and (3) collaboration between the parties. The contribution of the study is to present a synopsis of the outsourcing topic, specifically the theories that support it, its benefits and risks. Additionally, a decision-making model is presented, in the certainty of its usefulness for the organizations’ managers.

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Applying the Multi-Criteria Decision Making Model for Ranking Commercial Banks: The Case of Vietnam

Journal of Economics and Development ◽

10.33301/2019.jed.spi.09 ◽

2019 ◽

pp. 125-133

Author(s):

Duong Truong Thi Thuy ◽

Anh Pham Thi Hoang

Keyword(s):

Decision Making ◽

Commercial Banks ◽

Decision Model ◽

Business Models ◽

Multi Criteria Decision Making ◽

Ideal Solution ◽

Topsis Method ◽

Decision Making Model

Banking has always played an important role in the economy because of its effects on individuals as well as on the economy. In the process of renovation and modernization of the country, the system of commercial banks has changed dramatically. Business models and services have become more diversified. Therefore, the performance of commercial banks is always attracting the attention of managers, supervisors, banks and customers. Bank ranking can be viewed as a multi-criteria decision model. This article uses the technique for order of preference by similarity to ideal solution (TOPSIS) method to rank some commercial banks in Vietnam.

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