scholarly journals Constructing Taipei City Sports Centre Performance Evaluation Model with Fuzzy MCDM Approach Based on Views of Managers

2013 ◽  
Vol 2013 ◽  
pp. 1-13 ◽  
Author(s):  
Chen-Yang Wang ◽  
Pei-Hsuan Tsai ◽  
Hu Zheng
Keyword(s):  
Decision Making ◽  
Operations Management ◽  
Business Strategy ◽  
Evaluation Model ◽  
Management Strategies ◽  
Business Management ◽  
Practical Experience ◽  
Priority Service ◽  
Network Process ◽  
Six Dimensions

This study aims to utilize the fuzzy analytical/network process (FAHP/FANP) and decision-making trial and evaluation laboratory (DEMATEL) approach to recognize the influential indicators of sport centre business management in Taipei city’s sports centre. Twenty-three of sports centres with six-dimensions were identified from the literature review and interview with twelve experts (academic and practical experience). By considering the interrelationships among the indices, DEMATEL was used to deal with the importance and causal relationships among the evaluation indices of sports centre. Then, we employ the FAHP/FANP to determine the weight of each management criterion. Our empirical results provide two main insights: first, sports centre business management strategies comprise six-dimensions and 23 indexes; second, the FANP analysis shows that the six key factors are (in order of priority) service price, site conditions, operations management, traffic conditions, sports products, and staff quality. This study uses the FANP and DEMATEL along with mathematical computing in order to provide sports centre managers with a reliable decision-making reference and to assist them in formulating the most effective business strategy possible.

scholarly journals How Should National Museums Create Competitive Advantage Following Changes in the Global Economic Environment?

2018 ◽  
Vol 10 (10) ◽  
pp. 3749 ◽  
Author(s):  
Pei-Hsuan Tsai ◽  
Chin-Tsai Lin
Keyword(s):  
Decision Making ◽  
Competitive Advantage ◽  
Evaluation Model ◽  
Management Strategies ◽  
Multiple Criteria Decision Making ◽  
Analytic Network Process ◽  
Visitor Satisfaction ◽  
Network Process ◽  
National Museums ◽  
Decision Making Model

Management strategies play an important role in enhancing the competitive advantage and sustainable development of national museums. The purpose of this study is to focus on evaluating the management strategies of national museums to reduce the gaps in visitor satisfaction that are caused by the interdependence and feedback problems of the so-called BOCR dimensions (namely, benefits, opportunity, costs, and risks) and 24 criteria. This study creates a hybrid competitive advantage multiple-criteria decision-making model for national museums by integrating the decision-making trial and evaluation laboratory-based analytic network process and modified VIKOR (VlšeKriterijumska Optimizacija I Kompromisno Resenje) techniques to solve the problems. We consider five different types of national museums to illustrate how the proposed new evaluation model enhances the competitive advantage of national museums. Our results provide national museum curators with the knowledge and understanding to create promotional and marketing strategies that reduce the gaps in dimensions and criteria to satisfy visitors’ needs and to enhance their competitive advantage.

scholarly journals The Strategy of Salt Business Development: A Case Study in Sumenep, Indonesia

2021 ◽  
Vol 226 ◽  
pp. 00036
Author(s):  
Rika Diananing ◽  
Amilia Destryana ◽  
Ribut Santosa ◽  
Noor Illi Mohamad Puad ◽  
Agustine Christela Melviana
Keyword(s):  
Development Strategy ◽  
Business Strategy ◽  
Swot Analysis ◽  
Management Strategies ◽  
Business Management ◽  
Production Method ◽  
Technology Application ◽  
Cooperation Strategy

Sumenep is one of the salt producers in Indonesia. The problem experienced by farmers is the production of salt using evaporation by solar energy that depends on the weather and the low price, caused by worse business management. Salt is a potential commodity, because its market is still wide open. This research aims to develop the salt production method and development strategy of salt business in Sumenep Regency by using SWOT analysis. The result of the analysis concludes that the priority of salt development business strategy in Sumenep Regency are: i) Geoisolator technology application strategy to produce good quality of salt; ii) cooperation strategy in group mechanism to build power and increasing the bargaining value of the farmers; iii) capital strengthening strategy through partner cooperatives; iv) broader marketing management management strategies to industrial salt user sectors.

An Analytical Model for Evaluating Wind Turbine Types

2014 ◽  
Vol 543-547 ◽  
pp. 333-336 ◽  
Author(s):  
Amy H.I. Lee ◽  
Meng Chan Hung ◽  
W.L. Pearn ◽  
He Yau Kang
Keyword(s):  
Decision Making ◽  
Renewable Energy ◽  
Evaluation Model ◽  
Renewable Energy Sources ◽  
Multiple Criteria Decision Making ◽  
Analytic Network Process ◽  
Renewable Energy Resources ◽  
Network Process ◽  
Term Energy

With worldwide developments stressing the security, economy, human well-beings and environmental costs of relying heavily on fossil and nuclear energy, the demand of safe renewable energy resources is expanding consistently and tremendously in recent years. With its safe and environmental characteristics, wind energy production has become one of the fastest growing renewable energy sources in the world. While new wind power capacity is being added in more places in various countries, the installation of wind turbines is an important process for long-term energy generation. In this study, an evaluation model, which incorporates multiple criteria decision making (MCDM) methods, including decision making trial and evaluation laboratory (DEMATEL) and fuzzy analytic network process (FANP), is developed to establish interactive relationships between criteria. Fuzzy Yager ranking method is used for deffuzification. The final ranking of the alternatives is obtained, and this can provide decision-makers for references.

scholarly journals Saving and loan business management strategy of Satu Hati Village-Owned Enterprises (BUMDes)

2020 ◽  
Vol 1 (2) ◽  
pp. 165-178
Author(s):  
Fransiskus Seran Nuak ◽  
◽  
William Djani ◽  
Petrus Kase Kase ◽  
◽  
...  
Keyword(s):  
Business Strategy ◽  
Research Method ◽  
Management Strategy ◽  
Management Strategies ◽  
Business Management ◽  
Sampling Technique ◽  
Qualitative Approach ◽  
Strategy Formulation ◽  
Savings And Loans ◽  
Descriptive Research

Purpose: The purpose of this study is to analyze saving and loan business management strategy in Satu Hati Village-Owned Enterprises (BUMDes) In Naimana Village, Central Malaka Sub-District, Malaka District. Research methodology: This research used a descriptive research method with a qualitative approach. This research used purposive sampling technique. Results: The results of this study found that communication and cooperation are not good enough, there are no binding rules, and recording and bookkeeping are not in accordance with the borrower's deposit. Limitations: This research only analyzes Management Strategies for Savings and Loans at Satu Hati Village-Owned Enterprises (BUMDes) in Naimana Village, Central Malaka Sub-District, Malaka Regency. Contribution: This research becomes information for the development of Satu Hati Village-Owned Enterprises (BUMDes) so that this BUMDes can continue to grow. Keywords: Environmental observation, Management strategy, Savings and loans business, Strategy formulation, Village-Owned Enterprises (BUMDes)

scholarly journals COMBINING DRSA DECISION-RULES WITH FCA-BASED DANP EVALUATION FOR FINANCIAL PERFORMANCE IMPROVEMENTS

2015 ◽  
Vol 22 (5) ◽  
pp. 685-714 ◽  
Author(s):  
Kao-Yi SHEN ◽  
Gwo-Hshiung TZENG
Keyword(s):  
Decision Making ◽  
Financial Performance ◽  
Evaluation Model ◽  
Decision Rules ◽  
Multiple Criteria Decision Making ◽  
Formal Concept ◽  
Performance Improvements ◽  
Soft Computing Techniques ◽  
Network Process ◽  
Managerial Implications

This study proposes a combined method to integrate soft computing techniques and multiple criteria decision making (MCDM) methods to guide semiconductor companies to improve financial performance (FP) – based on logical reasoning. The complex and imprecise patterns of FP changes are explored by dominance-based rough set approach (DRSA) to find decision rules associated with FP changes. Companies may identify its underperformed criterion (gap) to conduct formal concept analysis (FCA) – by implication rules – to explore the source criteria regarding the underperformed gap. The source criteria are analysed by decision making trial and evaluation laboratory (DEMATEL) technique to explore the cause-effect relationship among the source criteria for guiding improvements; in the next, DEMATEL-based analytical network process (DANP) can provide the influential weights to form an evaluation model, to select or rank improvement plans. To illustrate the proposed method, the financial data of a real semiconductor company is used as an example to show the involved processes: from performance gaps identification to the selection of five assumed improvement plans. Moreover, the obtained implication rules can integrate with DEMATEL analysis to explore directional influences among the critical criteria, which may provide rich insights and managerial implications in practice.

EBDMSS

2010 ◽  
Vol 2 (4) ◽  
pp. 50-68 ◽  
Author(s):  
Fen Wang ◽  
Natalie Lupton ◽  
David Rawlinson ◽  
Xingguo Zhang
Keyword(s):  
Decision Making ◽  
Support System ◽  
Balanced Scorecard ◽  
Business Strategy ◽  
Business Management ◽  
Business Managers ◽  
Web Based ◽  
Intelligent Decision Making ◽  
Intelligent Decision ◽  
Wide Range

This paper describes a Web-based intelligent decision making support system (DMSS) to deliver balanced scorecard (BSC) based modelling and analysis in support of strategic E-business management. This framework supports E-business managers during the strategy making process in a comprehensive, integrated, and continuous manner. The paper demonstrates how practitioners can use this system to deliver a wide range of embodied E-business strategy expertise in support of real-time decision making.

scholarly journals Supporting Operations Management Decisions with LP Parametric Analyses Using AIMMS

2020 ◽  
Vol 28 (2) ◽  
pp. 91-100
Author(s):  
Imre Dimény ◽  
Tamás Koltai
Keyword(s):  
Decision Making ◽  
Operations Management ◽  
Business Strategy ◽  
Optimal Solution ◽  
Computation Time ◽  
Valuable Insight ◽  
Business Analytics ◽  
Hard Time ◽  
Wide Range ◽  
Parametric Analyses

Organizations all over the world use Business Analytics (BA) to gain insight in order to drive business strategy and planning. With the increasing amount of available data larger models are created to support decision making, but managers also must deal with the uncertainty of the input parameters. In this perspective Linear Programming (LP) models have two valuable properties: the required computation time allows large models to be solved and further valuable insight can be gained about the problem using sensitivity analysis. There is a wide range of tools available to solve LP problems. Many of these tools use an implementation of the simplex method and provides an optimal solution related sensitivity information. The sensitivity information generated by such solvers are often used by managers in the decision making process. There are situations when managers may have a hard time taking decision based on the information provided by most of the commercially available LP solvers. If the optimal solution of the primal problem (dual degeneracy) or the dual problem (primal degeneracy) is not unique, the resulting sensitivity information can be misleading for managers. In other cases, the resulted ranges may be too tight for decision support, thus information about a wider range is required. In this paper parametric analysis information is recommended to complete the traditional LP results in order to increase the insight of operations managers when using LP models for operation improvement.

scholarly journals IMPROVING STRATEGIC ORIENTATIONS FOR PROMOTING HOTEL SERVICES USING AN INTEGRATED ROUGH MAGDM MODEL

2019 ◽  
Vol 25 (2) ◽  
pp. 188-218 ◽  
Author(s):  
James J. H. Liou ◽  
Artūras Kaklauskas ◽  
Ming-Tsang Lu ◽  
Yen-Ching Chuang
Keyword(s):  
Decision Making ◽  
Customer Orientation ◽  
Practical Experience ◽  
Analytic Network Process ◽  
Decision Makers ◽  
Domain Experts ◽  
Strategic Orientations ◽  
Multiple Attribute ◽  
Network Process ◽  
Hotel Service

This study aims to assist decision makers to improve hotel service performance by developing strategic orientations. Strategic orientations are imprecise and subjective: they vary according to domain experts’ opinions and practical experience. This study develops an integrated rough multiple attribute group decision-making (MAGDM) model that supports decision makers to acquire a systematic view of strategic methods for improving performance to the desired level. The model incorporates three methods. First, we use the rough number approach to determine group opinions from the practical experience of domain experts. We then apply the rough decision making trial and evaluation laboratory (DEMATEL)-based analytic network process to develop a rough influential network relation map (RINRM). The rough influential weights based on strategic orientations and their corresponding attributes are calculated. Finally, we use the modified complex proportional assessment of alternatives with gray relations (mCOPRAS-G) and the influential weights to calculate the relationship ratio between performance and aspiration level. Our model flexibly assesses the vagueness involved in decision-making, enabling more objective expert estimation of attributes in subjective surroundings than traditional multiple attributes decision-making models. We use the Taiwanese hotel industry as an empirical case study. Our study provides useful information on how to enhance hotel services and achieve optimal performance based upon expert judgments and the RINRM. The results show that customer orientation is the optimal strategy for hotel service promotion.

scholarly journals Fresh Snack Food Channel Evaluation Model for Integrating Customers’ Perception of Transaction Costs in Taiwan

2017 ◽  
Vol 2017 ◽  
pp. 1-11
Author(s):  
Po-Yu Chen
Keyword(s):  
Decision Making ◽  
Transaction Costs ◽  
Transaction Cost ◽  
Evaluation Model ◽  
Analytic Network Process ◽  
Optimal Choice ◽  
Snack Food ◽  
Snack Foods ◽  
Network Process ◽  
The Impact

The primary purpose of this study was to explore how food dealers develop methods that facilitate transaction efficiency and how they select the optimal food channels. This study establishes a model according to the impact of transaction cost factors on consumers’ decision-making regarding purchase of fresh snack foods. Using fresh snack foods in Taiwan as an example, this study employed a fuzzy analytic network process to solve decision-making problems with multiple criteria by comparing the interaction between each transaction cost factor to obtain the factor weightings as well as the weightings of the transaction costs at each decision stage. This study found that food safety assurance and providing sufficient nutrition information were the most essential topics; thus, the optimal choice for snack food producers is to develop retail outlets. This study construction process proposed is innovative and operational, and the results may provide a reference for snack food dealers or microfood enterprises to assist them in developing their food channels.

scholarly journals Business Management Strategies and Msmes Financial Performance with the Digitalization of Information Technology in the Times of the Covid-19 Skills

2021 ◽  
Vol 5 (1) ◽  
pp. 81-90
Author(s):  
Keyword(s):  
Information Technology ◽  
Data Analysis ◽  
Financial Performance ◽  
Business Strategy ◽  
Sampling Method ◽  
Management Strategies ◽  
Business Management ◽  
Descriptive Research ◽  
The Times ◽  
The Right

The condition of MSMEs during the Pandemic requires MSMEs to have a business strategy to survive in the midst of the Covid-19 Pandemic. The purpose of this study is to describe the right strategy in managing the business and financial performance of MSMEs by implementing digitalization of technology during the Covid-19 pandemic. This research was conducted in Pangkal Pinang City, Bangka Belitung Islands. The population is all MSMEs in Pangkal Pinang City. The sampling method is purposive sampling. This type of research is descriptive research. Methods of data analysis using SWOT and PESTEL. Data analysis with SWOT is carried out by analyzing the strengths, weaknesses, opportunities and threats for MSMEs to increase their business in the midst of the COVID-19 Pandemic. The results show that the strategy of digitizing information technology is the right way to improve MSME business and finance during the Covid- 19 pandemic in Pangkal Pinang City. In addition, MSMEs must carry out a stability strategy in developing their business to survive the Covid-19 pandemic.

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