scholarly journals THE COST AS THE MAIN DETERMINANT OF THE LOCATION OF LOGSTICS CENTERS

2018 ◽  
Vol 6 ◽  
pp. 480-485
Author(s):  
Agnieszka Tłuczak ◽  
Sabina Kauf
Keyword(s):  
Information System ◽  
Positive Impact ◽  
Theoretical Models ◽  
Decision Makers ◽  
The Other ◽  
Transport Infrastructure ◽  
Localization Problem ◽  
Main Determinant ◽  
Logistics Center ◽  
The Cost

Apropriate location of the logistics center allows entrepreneurs to significantly reduce the costs of transport. On the other hand, it has a positive impact on the development of the transport infrastructure of the region.This paper presents the practical aspects of the localization problem of logistics center with the use of a geographic information system. It shows differences between theoretical models, the needs of decision-makers, and the data available to make the necessary calculations. The results of computational experiments were introduced to illustrate the effects of this approach.

scholarly journals Studying the prominence effect amid the COVID-19 crisis: implications for public health policy decision-making.

F1000Research ◽  
2021 ◽  
Vol 9 ◽  
pp. 1356
Author(s):  
Yossi Maaravi ◽  
Ben Heller
Keyword(s):  
Decision Making ◽  
Policy Decision ◽  
Matching Condition ◽  
Decision Makers ◽  
The Other ◽  
Choice Condition ◽  
Health Concerns ◽  
Prominence Effect ◽  
Novel Coronavirus ◽  
The Cost

The novel coronavirus disease 2019 (COVID-19) has brought with it crucial policy- and decision-making situations, especially when making judgments between financial and health concerns. One particularly relevant decision-making phenomenon is the prominence effect, where decision-makers base their decisions on the most prominent attribute of the object at hand (e.g., health concerns) rather than weigh all the attributes together. This bias diminishes when the decision-making mode inhibits heuristic processes. In this study, we tested the prominence of health vs. financial concerns across two decision-making modes - choice (prone to heuristics) and matching (mitigates heuristics) - during the peak of the COVID-19 in the UK using Tversky et al.’s classic experimental paradigm. We added to the classic experimental design a priming condition. Participants were presented with two casualty-minimization programs, differing in lives saved and costs: program X would save 100 lives at the cost of 55-million-pound sterling, whereas program Y would save 30 lives at the cost of 12-million-pound sterling. Half of the participants were required to choose between the programs (choice condition). The other half were not given the cost of program X and were asked to determine what the cost should be to make it as equally attractive as the program Y. Participants in both groups were primed for either: a) financial concerns; b) health concerns; or c) control (no priming). Results showed that in the choice condition, unless primed for financial concerns, health concerns are more prominent. In the matching condition, on the other hand, the prominence of health concerns did not affect decision-makers, as they all “preferred” the cheaper option. These results add further support to the practical relevance of using the proper decision-making modes in times of consequential crises where multiple concerns, interests, and parties are involved.

scholarly journals Working-Class Standards of living in Three Lancashire Towns, 1890–1914

1982 ◽  
Vol 27 (1) ◽  
pp. 43-65 ◽  
Author(s):  
Elizabeth Roberts
Keyword(s):  
Working Class ◽  
Theoretical Models ◽  
Poverty Line ◽  
The Other ◽  
Real Wages ◽  
Wage Rates ◽  
Standards Of Living ◽  
Employment Of Women ◽  
The One ◽  
The Cost

This article examines some aspects of working-class standards of living in three Lancashire towns, Barrow-in-Furness, Lancaster and Preston, in the period 1890 to 1914. By looking on one hand at a number of externally determined factors, such as real wages and the cost of living, and on the other at the strategies with which the working-class families attempted to maximise their standards of living, an assessment is made of the relative success of these various strategies, particularly at periods when wages were on or below the poverty line. Particular stress is laid on evidence from Preston, in part because it has not previously been reported, but also because there appear to be a number of significant variations between Preston on the one hand, and Barrow and Lancaster on the other, when placed in apparently similar intrinsic conditions and in comparatively close geographical proximity to each other. These variations underline the extent to which generalisations derived principally from statistical data may be misleading, and also the importance of looking at individual discrete communities before relying on theoretical models of the relationship between, for example, income from primary employment and standards of living. If it is possible to demonstrate that working-class people in some towns were more successful than their near neighbours in combating poverty, we need to identify the reasons for these differences. Factors discussed include the economy of Preston compared with Barrow and Lancaster, comparisons of wage rates, the employment of women and its effects, and diets (including the use of allotments), the effects of drinking, as well as a look at possible negative factors, such as family size, and housing and hygiene.

scholarly journals Neuro-linguistic Programming, Teacher’s Identity, and Teachers’ Effectiveness

2020 ◽  
Vol 11 (3) ◽  
pp. 389
Author(s):  
Yaghoob Javadi ◽  
Solmaz Azizzadeh Asl
Keyword(s):  
Interpersonal Communication ◽  
Educational System ◽  
Classroom Climate ◽  
Teaching Profession ◽  
Decision Makers ◽  
The Other ◽  
Future Generations ◽  
Main Determinant ◽  
Main Components ◽  
Definition Of

Education especially “teaching” is considered as a valuable profession through which future generations are generated and educated. In order to have a successful educational system, the main components of the system must work together. It is believed that teachers are active decision-makers of any educational system who can bring on success to the education, accounting for about 30 percent of the variance on pupils’ achievement. Based on different studies, developing rapport, critical thinking, self-efficacy, establishing clear goals, effective interpersonal communication, and a supportive classroom climate are some of the main determinant factors the teachers’ effectiveness. Among various variables which are related to teachers, identity is one of the important elements that affect teachers' performance. Neuro-linguistic programming, on the other hand, is considered as an approach which is claimed to help achieve excellence in performance and identity. It is also considered as a supplementary technique in teaching profession which helps the teachers to develop outstanding skills. In this article, the researcher defines the concept of teacher’s identity as a key element effective in the teaching profession. Then some factors that have significant impact on teachers’ effectiveness are taken into account. Also, the definition of neuro-linguistics programming, some of its characteristics, and its implications for developing teacher’s identity and teacher’s effectiveness are discussed.

scholarly journals Studying the prominence effect amid the COVID-19 crisis: implications for public health policy decision-making.

F1000Research ◽  
2020 ◽  
Vol 9 ◽  
pp. 1356
Author(s):  
Yossi Maaravi ◽  
Ben Heller
Keyword(s):  
Decision Making ◽  
Policy Decision ◽  
Matching Condition ◽  
Decision Makers ◽  
The Other ◽  
Choice Condition ◽  
Health Concerns ◽  
Prominence Effect ◽  
Novel Coronavirus ◽  
The Cost

The novel coronavirus disease 2019 (COVID-19) has brought with it crucial policy- and decision-making situations, especially when making judgments between economic and health concerns. One particularly relevant decision-making phenomenon is the prominence effect, where decision-makers base their decisions on the most prominent attribute of the object at hand (e.g., health concerns) rather than weigh all the attributes together. This bias diminishes when the decision-making mode inhibits heuristic processes. In this study, we tested the prominence of health vs. economic concerns across two decision-making modes - choice (prone to heuristics) and matching (mitigates heuristics) - during the peak of the COVID-19 in the UK using Tversky et al.’s classic experimental paradigm. We added to the classic experimental design a priming condition. Participants were presented with two casualty-minimization programs, differing in lives saved and costs: program X would save 100 lives at the cost of 55-million-pound sterling, whereas program Y would save 30 lives at the cost of 12-million-pound sterling. Half of the participants were required to choose between the programs (choice condition). The other half were not given the cost of program X and were asked to determine what the cost should be to make it as equally attractive as the program Y. Participants in both groups were primed for either: a) economic concerns; b) health concerns; or c) control (no priming). Results showed that in the choice condition, unless primed for economic concerns, health concerns are more prominent. In the matching condition, on the other hand, the prominence of health concerns did not affect decision-makers, as they all “preferred” the cheaper option. These results add further support to the practical relevance of using the proper decision-making modes in times of consequential crises where multiple concerns, interests, and parties are involved.

Rationality at the Brink: The Role of Cognitive Processes in Failures of Deterrence

1978 ◽  
Vol 30 (3) ◽  
pp. 345-365 ◽  
Author(s):  
Jack L. Snyder
Keyword(s):  
Cognitive Theory ◽  
Decision Makers ◽  
The Other ◽  
International Crises ◽  
Value Conflicts ◽  
Long Run ◽  
Short Run ◽  
The One ◽  
The Cost

Decision makers in international crises seek to reconcile two values: on the one hand, avoiding the loss of prestige and credibility that capitulation would entail and, on the other, avoiding war. These values conflict with each other, in the sense that any policy designed to further one of them will jeopardize the other. Cognitive theory suggests that in ambiguous circumstances a decision maker will suppress uncomfortable value conflicts, conceptualizing his dilemma in such a way that the values appear to be consonant. President Kennedy's process of decision and rationalization in the Cuban missile crisis fits this pattern. He contended that compromise would allay the risk of war in the short run only at the cost of increasing it in the long run. Thus, he saw his policy of no compromise as furthering both the goal of maintaining U.S. prestige and credibility and the goal of avoiding war.

The Effectiveness of Integrated Financial Management Information System in Selected Government Ministries in Kenya: A Theoretical Review

2019 ◽  
Vol 3 (V) ◽  
pp. 1-11
Author(s):  
Waweru Simon Macharia ◽  
Ngaba Dominic
Keyword(s):  
Information System ◽  
Technology Acceptance ◽  
Technology Acceptance Model ◽  
Management Information System ◽  
Financial Management ◽  
Cost Reduction ◽  
Theoretical Models ◽  
Management Information ◽  
Acceptance Model ◽  
The Cost

The modern day challenge of organizations is to have in place information technology systems that can effectively service the needs of the organization, meet the rapid technological changes and be flexible to accommodate enhancements. The Integrated Financial Management Information System (IFMIS) is designed to improve systems for financial data recording, tracking and information management. This was in response to increasing demands for greater transparency and accountability in the management of the public’s finances. However, the management of public finance has continued to be dogged with corruption allegation, outright mismanagement, malpractices in the procurement processes, among others. This study seeks to determine the effectiveness of IFMIS in selected government ministries in Kenya. The objectives of the study are to determine the effect of IFMIS on the processing of accounting transactions, establish the extent to which IFMIS has enhanced the procurement process, assess the extent to which IFMIS has enhanced the production of financial records for preparation of annual accounts and to find out whether IFMIS has enhanced the budget processes in government ministries in Kenya. This study will rely on theoretical models that provide a foundation for the research topic. Specifically, this study rely on Technology Acceptance model, Theory of Budgeting and the Cost reduction theory. The study reviews empirical evidence from which conclusions are drawn.

scholarly journals Studying the prominence effect amid the COVID-19 crisis: implications for public health policy decision-making.

2020 ◽  
Author(s):  
Yossi Maaravi ◽  
Ben Heller
Keyword(s):  
Decision Making ◽  
Policy Decision ◽  
Matching Condition ◽  
Decision Makers ◽  
The Other ◽  
Choice Condition ◽  
Health Concerns ◽  
Ofthe Object ◽  
The Uk ◽  
The Cost

Background: The novel COVID-19 has brought upon crucial policy- and decision-making situations, especially when making judgments between economic and healthconcerns. One particularly relevant decision-making phenomenon is the prominenceeffect, where decision-makers base their decisions on the most prominent attribute ofthe object at hand (e.g., health concerns) rather than weigh all the attributes together.This bias diminishes when the decision-making mode inhibits heuristic processes. Inthis study, we tested the prominence of health vs. economic concerns across twodecision-making modes - choice (prone to heuristics) and matching (mitigatesheuristics) - during the peak of the COVID-19 in the UK using Tversky et al.’s classicexperimental paradigm. We added to the classic experimental design a primingcondition. Methods and Findings: Four hundred twenty participants from the UK wererecruited via a crowd-working platform. They were presented with two casualty-minimization programs, differing in lives saved and costs: program X would save 100lives at the cost of 55-million-pound sterling, whereas program Y would save 30 lives atthe cost of 12-million-pound sterling. Half of the participants were required to choosebetween the programs (choice condition). The other half were not given the cost ofprogram X and were asked to determine what the cost should be to make it as equallyattractive as the program Y. Participants in both groups were primed for either: a)economic concerns; b) health concerns; or c) control (no priming). Results showed thatin the choice condition, unless primed for economic concerns, health concerns aremore prominent (only under economic priming was there a significant preference forprogram Y, p<0.001). In the matching condition, on the other hand, the prominence ofhealth concerns did not affect decision-makers, as they all “preferred” the cheaperoption. Conclusions: These results add further support to the practical relevance ofusing the proper decision-making modes in times of consequential crises wheremultiple concerns, interests, and parties are involve

scholarly journals A Citizen-Centric Approach for the Improvement of Territorial Services Management

2020 ◽  
Vol 9 (4) ◽  
pp. 223 ◽  
Author(s):  
Monica Sebillo ◽  
Giuliana Vitiello ◽  
Michele Grimaldi ◽  
Antonio De Piano
Keyword(s):  
Decision Making ◽  
Information System ◽  
Positive Impact ◽  
Decision Makers ◽  
The Internet ◽  
Sensitive Information ◽  
Context Sensitive ◽  
The Status ◽  
Mobile Component ◽  
Spatio Temporal

In the last decade, there has been a growing awareness that the involvement of citizens in decision making can produce an immediate and positive impact on actions to be taken, as they are the real owners of knowledge about the place where they live. By collecting and geolocating data through smartphones and the Internet, citizens in fact can help decision makers both create sharable spatio-temporal information about objects and phenomena and interpret territorial dynamics. However, although such a role has been definitely recognized, the lack of a homogeneous paradigm for structuring the sensing process, managing the geo big data produced and handling services makes it difficult to exploit such a potentiality. In this paper, we describe a citizen-centric approach conceived to build territorial knowledge useful to provide decision makers with a timely and reliable picture of the status of a given territory. In particular, a visual representation of geospatial knowledge is described, which summaries context-sensitive information about a territory and its citizens, thus improving the land monitoring tasks. An information system, SAFE, is finally presented, which consists of a Web and a mobile component to manage citizen supplied data to be integrated for building reliable dynamic scenarios.

scholarly journals Banking Market Structure and Cost of Credit in the WAEMU

2020 ◽  
Vol 13 (8) ◽  
pp. 78
Author(s):  
PRAO Yao Séraphin ◽  
Bakayoko Mamadou
Keyword(s):  
Concentration Ratio ◽  
Inflation Rate ◽  
Positive Impact ◽  
Double Effect ◽  
Ordinary Least Squares ◽  
The Other ◽  
Market Interest Rate ◽  
Banking Market ◽  
The Cost ◽  
The Relationship

This paper provides an empirical assessment of the relationship between the structure of the banking market and the cost of credit in the WAEMU. The analysis focuses on WAEMU countries except for Guinea-Bissau due to the lack of sufficiently long series. The study covers the period from 1996 to 2017. Using the fully modified ordinary least squares (FMOLS) method, we show that the banking market concentration ratio has a double effect on the cost of credit. First, the concentration ratio increases the cost of credit, and second, it decreases the cost of credit after reaching a threshold of 70 percent. Moreover, the results highlight the positive impact of the money market interest rate on the cost of credit. On the other hand, the inflation rate unexpectedly lowers the cost of credit in the WAEMU.

PERANCANGAN SISTEM INFORMASI MANAJEMEN KEUANGAN DI AMIK GARUT

2020 ◽  
Vol 2 (2) ◽  
pp. 128-143
Author(s):  
Tedi Budiman
Keyword(s):  
Information System ◽  
Information Systems ◽  
Financial Management ◽  
Financial Information ◽  
Financial Problems ◽  
Technological Advances ◽  
Design Program ◽  
Or Groups ◽  
The Cost ◽  
Financial Information Systems

Financial information system is an information system that provides information to individuals or groups of people, both inside and outside the company that contains financial problems and information about the flow of money for users in the company. Financial information systems are used to solve financial problems in a company, by meeting three financial principles: fast, safe, and inexpensive.Quick principle, the intention is that financial information systems must be able to provide the required data on time and can meet the needs. The Safe Principle means that the financial information system must be prepared with consideration of internal controls so that company assets are maintained. The Principle of Inexpensive, the intention is that the cost of implementing a financial information system must be reduced so that it is relatively inexpensive.Therefore we need technology media that can solve financial problems, and produce financial information to related parties quickly, safely and cheaply. One example of developing information technology today is computer technology and internet. Starting from financial problems and technological advances, the authors make a website-based financial management application to facilitate the parties that perform financial management and supervision.Method of development application program is used Waterfall method, with the following stages: Software Requirement Analysis, Software Design, Program Code Making, Testing, Support, Maintenance.

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