scholarly journals Algorithm of optimal management for the efficient use of energy resources

2019 ◽  
Vol 110 ◽  
pp. 02052 ◽  
Author(s):  
Sergey Krasnov ◽  
Sergey Sergeev ◽  
Elizaveta Zotova ◽  
Nadezhda Grashchenko
Keyword(s):  
Mathematical Model ◽  
Decision Making ◽  
Energy Resources ◽  
Management Decision ◽  
Optimal Management ◽  
Negative Effects ◽  
Optimal Decisions ◽  
Maximum Profit ◽  
Management Decision Making ◽  
Business Entities

The paper presents the results of the developed algorithms aimed at optimizing management decision-making by the administration of megalopolises. A mathematical model is obtained within the concept of digital economy. The regulatory action of dispositive decisions is aimed at business entities whose activities are externalized while consuming energy resources. Since any resources are used unevenly throughout the year, the authors apply the methods of the theory of optimal decisions. The criterion is the functional reflection of the balance between the maximum profit, the comfort of living conditions, and the environmental conditions. The results obtained make it possible to take administrative decisions in an optimal way, which reduces the negative effects of externalities and results in the most efficient use of energy resources.

Supply chain sustainability: evidence on conflict minerals

2014 ◽  
Vol 26 (1/2) ◽  
pp. 28-53 ◽  
Author(s):  
Paul A. Griffin ◽  
David H. Lont ◽  
Yuan Sun
Keyword(s):  
Decision Making ◽  
Supply Chain ◽  
Control Sample ◽  
Management Decision ◽  
Negative Effects ◽  
Content Type ◽  
Positive Effects ◽  
Conflict Minerals ◽  
Social Concerns ◽  
Management Decision Making

Purpose – This study aims to examine the economic cost imposed by capital markets of section 1502 of the Dodd-Frank Act of 2010 on conflict minerals (CM). The authors analyse a sample of first-time CM disclosures made by US companies in 2010-2012. Design/methodology/approach – The authors measure the market response to these disclosures and compare it to the response of a matched control sample of non-disclosers. An overall negative response could arise from regulatory costs, changes in management decision making, or customers' social concerns about CM. An overall positive response could reflect the benefits of disclosure transparency. Findings – The authors find that the negative effects of the disclosures outweigh any positive effects. The authors also find more limited negative effects for the control sample, since they are likely to be future CM disclosers. Research limitations/implications – Because companies' balance sheets do not report these negative effects, the results imply that investors price supply chain activities related to CM as an off-balance sheet liability. Practical implications – The results agree with companies' assertions of a substantial cost to implement the CM provision. The authors estimate an aggregate loss of shareholder value for the sample of $6.5 to $13.1 billion. Social implications – These results show that regulators' and stakeholders' demands for increased transparency can be costly to shareholders when the disclosures induce changes in management decision making and raise customers' social concerns about supply chain sustainability. Originality/value – The study is the first to examine the economic effects of companies' initial disclosures about CM under the Dodd-Frank Act of 2010.

Centralization and Effectiveness of Reward Management in Multinational Enterprises

2018 ◽  
Vol 17 (2) ◽  
pp. 55-65 ◽  
Author(s):  
Michael Tekieli ◽  
Marion Festing ◽  
Xavier Baeten
Keyword(s):  
Decision Making ◽  
Social Identity Theory ◽  
Multinational Enterprises ◽  
Role Identity ◽  
Management Decision ◽  
Role Identities ◽  
Management Decision Making ◽  
New Perspective ◽  
Subsidiary Managers ◽  
The Relationship

Abstract. Based on responses from 158 reward managers located at the headquarters or subsidiaries of multinational enterprises, the present study examines the relationship between the centralization of reward management decision making and its perceived effectiveness in multinational enterprises. Our results show that headquarters managers perceive a centralized approach as being more effective, while for subsidiary managers this relationship is moderated by the manager’s role identity. Referring to social identity theory, the present study enriches the standardization versus localization debate through a new perspective focusing on psychological processes, thereby indicating the importance of in-group favoritism in headquarters and the influence of subsidiary managers’ role identities on reward management decision making.

Emergency management decision-making during severe weather

2006 ◽  
Author(s):  
Leigh A. Baumgart ◽  
Ellen J. Bass ◽  
Brenda Philips ◽  
Kevin Kloesel
Keyword(s):  
Decision Making ◽  
Emergency Management ◽  
Severe Weather ◽  
Management Decision ◽  
Management Decision Making

scholarly journals Towards enhanced risk management: planning, decision making and monitoring of US wildfire response

2017 ◽  
Vol 26 (7) ◽  
pp. 551 ◽  
Author(s):  
Christopher J. Dunn ◽  
David E. Calkin ◽  
Matthew P. Thompson
Keyword(s):  
Decision Making ◽  
Risk Management ◽  
Fire Management ◽  
The United States ◽  
Management Decision ◽  
Current Response ◽  
Ongoing Research ◽  
Response Strategies ◽  
Management Decision Making ◽  
Response Decisions

Wildfire’s economic, ecological and social impacts are on the rise, fostering the realisation that business-as-usual fire management in the United States is not sustainable. Current response strategies may be inefficient and contributing to unnecessary responder exposure to hazardous conditions, but significant knowledge gaps constrain clear and comprehensive descriptions of how changes in response strategies and tactics may improve outcomes. As such, we convened a special session at an international wildfire conference to synthesise ongoing research focused on obtaining a better understanding of wildfire response decisions and actions. This special issue provides a collection of research that builds on those discussions. Four papers focus on strategic planning and decision making, three papers on use and effectiveness of suppression resources and two papers on allocation and movement of suppression resources. Here we summarise some of the key findings from these papers in the context of risk-informed decision making. This collection illustrates the value of a risk management framework for improving wildfire response safety and effectiveness, for enhancing fire management decision making and for ushering in a new fire management paradigm.

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