scholarly journals A Survey Analysis Of The Resource Selection Models In Agile/Virtual Enterprises

2012 ◽  
Vol 10 (3) ◽  
Author(s):  
A. Pires ◽  
G. Putnik ◽  
P. Ávila
Keyword(s):  
Decision Making ◽  
Mathematical Models ◽  
Resource Selection ◽  
Selection Process ◽  
Virtual Enterprise ◽  
Point Of View ◽  
Decision Making Process ◽  
Virtual Enterprises ◽  
Survey Analysis ◽  
Selection Models

In this work, a survey is made of the analysis of the resource selection process. We approach the process also from the point of view of conventional enterprises but with particular emphasis on the existent models in Agile/Virtual Enterprises in order to identify the main limitations and shortcomings of the process. This analysis was focused in the global process of the resource selection, namely in terms of the pre-selection and selection phases, requisites, mathematical models, tools and other relevant areas in the existent models. It is concluded that the resource pre-selection is an area that is not adequately explored in a systematic way. The value concept is not incorporated in the selection process. As a result, a reasoned analysis is not performed of the decision-making process for creating an Agile/Virtual Enterprise. These conclusions were made to envision a future approach that allows the incorporation of new areas that contribute to the improvement of the resource selection process.

scholarly journals The Impact of Social Media Use on Consumers’ Restaurant Consumption Experiences: A Qualitative Study

2021 ◽  
Vol 13 (12) ◽  
pp. 6581
Author(s):  
Jooyoung Hwang ◽  
Anita Eves ◽  
Jason L. Stienmetz
Keyword(s):  
Decision Making ◽  
Social Media ◽  
Selection Process ◽  
Decision Making Process ◽  
Structured Interviews ◽  
High Standards ◽  
Tourism And Hospitality Industry ◽  
Tourism And Hospitality ◽  
Search For Information ◽  
The Impact

Travellers have high standards and regard restaurants as important travel attributes. In the tourism and hospitality industry, the use of developed tools (e.g., smartphones and location-based tablets) has been popularised as a way for travellers to easily search for information and to book venues. Qualitative research using semi-structured interviews based on the face-to-face approach was adopted for this study to examine how consumers’ restaurant selection processes are performed with the utilisation of social media on smartphones. Then, thematic analysis was adopted. The findings of this research show that the adoption of social media on smartphones is positively related with consumers’ gratification. More specifically, when consumers regard that process, content and social gratification are satisfied, their intention to adopt social media is fulfilled. It is suggested by this study that consumers’ restaurant decision-making process needs to be understood, as each stage of the decision-making process is not independent; all the stages of the restaurant selection process are organically connected and influence one another.

scholarly journals Value analysis as a mechanism to reduce the complexity of the selection of the resources system for Agile/Virtual Enterprises in the context of Industry 4.0

2021 ◽  
Vol 49 (4) ◽  
pp. 806-816
Author(s):  
Paulo Ávila ◽  
António Pires ◽  
Goran Putnik ◽  
João Bastos ◽  
Maria Cruz-Cunha
Keyword(s):  
Industry 4.0 ◽  
Resource Selection ◽  
Selection Process ◽  
Virtual Enterprises ◽  
Value Analysis ◽  
Problem Formulations ◽  
Integration Project ◽  
Process Complexity ◽  
Final System ◽  
Selection Of

The selection of the resources system (SRS) is an important element in the integration/project of Agile/Virtual Enterprises (A/V E) because its performance is dependent of this selection, and even of its creation. However, it remains a difficult matter to solve because is still a very complex and uncertain problem. We propose that using Value Analysis (VA) in the pre-selection of resources phase represents a significant improvement of the SRS process. The current literature fails to formally address the pre-selection phase and none of the resource selection models incorporate the resources value and its consequence in the complexity of the selection process. Whereby, ours developed model with VA constitutes an innovative approach towards greater sustainability in the configuration of A/V E in the context of Industry 4.0, where a massive interconnection among enterprises is expected and consequently the increase of the selection process complexity. After the construction of a demonstrator tool for a set of the problem formulations, this paper verifies by computational results the thesis regarding the benefits of applying VA to the SRS process: VA reduces the complexity of the SRS process, even ensuring that the final system of resources achieve higher quality/value grade.

Broker's Direct Cost and Time Variables and Expressions

2011 ◽  
pp. 82-91
Author(s):  
Paulo Ávila ◽  
Goran D. Putnik ◽  
Maria Manuela Cunha ◽  
Ana Madureira
Keyword(s):  
Direct Cost ◽  
Selection Process ◽  
Virtual Enterprise ◽  
Direct Costs ◽  
Selection Models ◽  
The Times ◽  
Time Variables ◽  
The One ◽  
Selection Algorithms

In this work, we will present the direct costs and times of the broker for the resources selection process in our agile/virtual enterprise (A/VE) project designated by BM_Virtual Enterprise project (more details can be seen in Putnik, 2000). Related with this work and after revised literature about the selection process for A/VE, we have verified there are some works about selection models and about selection algorithms (Dhaenens- Filipo, 2000; Gupta & Nagi, 1995; Huang & Mak, 2000; Ko, Kim, & Hwang, 2001; Minis, Herrmann, & Lam, 1996; Sluga & Butala, 2001; Subbub, Sanderson, Hocaoglu, & Graves, 1999; Wu, Mao, & Quian, 1999), but on the one hand without evaluating the times and the costs associated to the selection process, much less considering the broker.

scholarly journals Exploration of Silence's Motives Towards the Work Decisions: The Case of Jordanian Public and Private Schools

2019 ◽  
Vol 9 (1) ◽  
pp. 266
Author(s):  
Osama Khaled Alkhlaifat
Keyword(s):  
Decision Making ◽  
Private Schools ◽  
Human Resources Management ◽  
Point Of View ◽  
Decision Making Process ◽  
Structured Interviews ◽  
Public And Private ◽  
The Public ◽  
Work Related ◽  
Last Stage

The aim of this study has been to investigate and provide a deeper understanding of the motives of silence towards the participation in the work-related decisions, in both the public and private schools in the Jordanian capital (Amman). ‘100’ teachers were interviewed using the semi-structured interviews through the available communication means. The pre-set questions were directed to the sample of the study to identify both the situations related to the decisions and motives leading to silence and non-participation from the respondents' point of view. The motives were classified according to the factors to which they belong, as well as the situations were classified according to each stage of the decision-making process, where some specialists in the field of human resources management had been asked to help in accomplishing the classification. The results showed that the largest percentage of respondents faced at least one situation in which they chose to remain silent. Most of the situations mentioned were related to the first and last stage of decision-making process (identifying the problem and following up the decision). The results also showed that most of the motives were related to the organizational practices by the officials, where the total iteration is twice as the personal motives.

Group Decision And Negotiation In Strategic-Decision-Making

2011 ◽  
pp. 322-351
Author(s):  
Tamio Shimizu ◽  
Marley Monteiro de Carvalho ◽  
Fernando Jose Barbin
Keyword(s):  
Decision Making ◽  
Point Of View ◽  
Strategic Decision ◽  
Rational Approach ◽  
Strategic Decision Making ◽  
Decision Making Process ◽  
Great Effort ◽  
Logical Operators ◽  
Cognitive Limitations ◽  
Decision Alternatives

In the previous chapters, decisions models have been modeled based on the economic point of view of the problem expressed mainly through quantitative values and, in some cases by qualitative representation. The economic perspective draws unique coherence from economic assumptions of rational behavior and it draws predictive power from strongly valid rules of influence that employ mathematical or logical operators. Because the decision must be expressed in a way that is compatible with the rules of inference, great simplicity, and structure are required. In strategic decision making problems great effort has been directed toward relaxing the mathematical constraints, while retaining the economic — logic inference. Another important aspect to be considered is that in both theoretical and practical decision-making models, fixed numbers of decision alternatives or prefixed value of parameters have been considered. The major inputs to the analysis of an econometric model of decision-making process are subjective probabilities, utility values, and decision tree structures. Individuals may differ in their subjective value of probabilities, their utilities of outcomes or in their perceptions of the subsequent actions available. Strategic decision problems involve not only one person’s opinion but involve a group of individuals belonging to different classes and levels of interests inside and outside the organization. No longer is the problem concerned with the selection of the preferred alternative of one person. The analysis must be extended for a group of decision-makers, each one exhibiting a certain preference structure, perceiving different consequences, and corresponding to a diverse set of interest and responsibility. In some cases, depending on the number of persons involved as well as on the nature of the decision problem (for instance, promoting or hiring persons or, electing the president) it will be necessary to adopt a voting system. How can different groups of individual affect a decision-making process? In this chapter, we consider some behavioral aspects of individuals and group of individuals that may affect a decision-making process. Behavioral perspectives of competitive decision-making are neither as well articulated nor as complete as those of economic view. In behavioral views cognitive limitations and the use of mental effort are emphasized. In contrast to the rational approach of the economic frame, the behavioral views acknowledge that players may adopt different kind of rationality.

scholarly journals SISTEM PENDUKUNG KEPUTUSAN UNTUK MENENTUKAN POSISI PEMAIN IDEAL DALAM TIM SEPAK BOLA DENGAN METODE ALGORITMA GENETIKA

Compiler ◽  
2012 ◽  
Vol 1 (2) ◽  
Author(s):  
Hizkia Alprianta ◽  
Anton Setiawan Honggowibowo ◽  
Yuliani Indrianingsih
Keyword(s):  
Genetic Algorithm ◽  
Decision Making ◽  
User Interface ◽  
Interface Design ◽  
Selection Process ◽  
Decision Making Process ◽  
Media Processing ◽  
Ideal Position ◽  
The Right ◽  
The Ideal

So far, there are coaches who are less precise in determining the ideal position of the player as it only relies on instinct and the ego of the players so that there is still a coach who has not been able to objectively assess the players.By utilizing the method of Genetic Algorithm as Decision Support System (DSS) in the process of determining the ideal position of a player who uses several criteria (multicriteria) to choose a proper player. DSS is helping coach in making the right decisions and Genetic Algorithm is used as a model for multicriteria weighting in the selection process. This application was built with tools Borland Delphi (7.0) as the user interface design and media processing PostgreSQL as its database.            Based on these results we can conclude that this application expected to assist the coaches in the decision making process and can change the appraisal of which are subjective to more objective, to determine the ideal position for a player, can determine the best position of each position of a number of players and the expected results of the Genetic Algorithm on the system constructed in accordance with the results of manual calculations.

scholarly journals DESAIN DSS (DECISION SUPPORT SYSTEM) MENGGUNAKAN METODE PROFILE MATCHING UNTUK PENENTUAN PENERIMA BEASISWA DI POLITEKNIK NEGERI SAMARINDA

2020 ◽  
Vol 2 (1) ◽  
pp. 10
Author(s):  
Muchamad Zainul Rohman
Keyword(s):  
Decision Making ◽  
Decision Support ◽  
Decision Support System ◽  
Support System ◽  
Selection Process ◽  
Decision Making Process ◽  
Multi Criteria Decision Making ◽  
Profile Matching ◽  
To Receive

The scholarship selection process of Politeknik Negeri Samarinda are constraints on the decision-making process. This is because there is no objective method to determine quickly and precisely. To assist in the determination of the set someone worthy scholarship in this study will be design DSS (Decision Support System) with model of Multi-Criteria Decision Making. The method used is the method Profile Matching. Profile Matching methods have been able to select the best alternative from a number of alternatives, in this case meant that alternatives are eligible to receive scholarships based on the criteria specified. Research carried out by finding the weights for each sub-aspect, then carried ranking process that will determine the optimal alternative, the best students will be considered by decisionmakersto get a scholarship. Proses seleksi beasiswa di Politeknik Negeri Samarinda banyak terdapat kendala pada proses pengambilan keputusan. Hal ini dikarenakan belum ada metode objektif yang dapat memutuskan dengan cepat dan tepat. Untuk membantu penentuan dalam menetapkan seseorang yang layak menerima beasiswa maka dalam penelitian ini akan didesainkan DSS (Decision Support System) dengan model Multi Criteria Decision Making. Metode yang digunakan adalah metode Profile Matching. Metode Profile Matching dipilih karena mampu menyeleksi alternatif terbaik dari sejumlah alternatif, dalam hal ini alternatif yang dimaksudkan yaitu yang berhak menerima beasiswa berdasarkan kriteria-kriteria yang ditentukan. Penelitian dilakukan dengan mencari nilai bobot untuk setiap sub aspek, kemudian dilakukan proses perankingan yang akan menentukan alternatif yang optimal, yaitu mahasiswa terbaik yang akan dipertimbangkan oleh pengambil keputusan untuk mendapatkan beasiswa.

scholarly journals The actor's point of view in terms of governance tendency to the health tourism: The case of AntalyaYönetişim eğilimleri çerçevesinde sağlık turizmine aktörlerin bakış açısı: Antalya örneği

2016 ◽  
Vol 13 (2) ◽  
pp. 2885
Author(s):  
Zişan Korkmaz Özcan
Keyword(s):  
Decision Making ◽  
Private Sector ◽  
The State ◽  
Point Of View ◽  
Survey Study ◽  
Decision Making Process ◽  
Private Institutions ◽  
Health Tourism ◽  
Governmental Organizations ◽  
Non Governmental Organizations

Governence which means that governing structures act in unision instead of acting seperately is also very significant in the field of health. In this regard, governence approach aims at accomplishing the sense of simultaneous governing corresponding with creating policies and decision-making process by ensuring the participation not only the state but also citizens,private sector and non-governmental organizations (NGOS)  as important factors of change.This study aims at assessing whether deficiency in relation with the health tourism in Turkey relates to the governence or not. For that purpose, Antalya that is one of the most important provinces of Turkish tourism has been chosen as a range of application and magnitude of governence of Antalya in the field of health has been tried to be measured by carrying out survey study consisted of public-private institutions and organizations, and the authorities of non-governmental organizations with the over 106 people.According to the results of the suvey, there is a lack of governence in the field of health tourism in Antalya, and this endangers the potential of health tourism. So, being collaborated an advertisement, information and application activity in harmony on the health tourism, and being established public politicy are an important acqusition for both the country and Antalya in terms of economic, political, social and cultural. ÖzetYönetim yapılarının tek başlarına hareket etmeleri yerine, birlikte hareket etmeleri anlamına gelen yönetişim, sağlık turizmi alanında da önemli bir yer tutmaktadır. Bu bağlamda yönetişim yaklaşımı, politika oluşturma ve karar verme süreçlerine değişimin önemli aktörleri olarak sadece devletin değil; yurttaşların, özel sektör ve Sivil Toplum Kuruluşları (STK)'nın da katılımını sağlayarak birlikte yönetim anlayışını hayata ge­çirmeyi amaçlamaktadır. Bu çalışmanın amacı, Türkiye'nin sağlık turizminde eksikliğinin yönetişim olup olmadığını belirleyebilmektir. Bu amaçla, Türk turizminin en önemli illerinden biri olan Antalya, uygulama bölgesi olarak seçilmiş ve kamu-özel sektör kurum ve kuruluşları ile STK'nın yetkili kişilerinden oluşan 106 kişi üzerinde yüzyüze yapılan anket çalışması yöntemiyle Antalya bölgesinin sağlık turizmi alanında yönetişim boyutu ölçülmeye çalışılmıştır. Anket çalışmasının sonuçlarına göre, Antalya’da sağlık turizmi alanında yönetişim eksikliği vardır ve bu eksiklik sağlık turizmi potansiyelini tehdit eder sonucuna ulaşılmıştır. Bu bağlamda sağlık turizmi alanında yapılacak olan tanıtım, bilgilendirme ve uygulama faaliyetlerinin işbirliği içerisinde yapılması, kamu politikalarının da bu çerçevede oluşturulması hem ülkemiz, hem de Antalya ili açısından ekonomik, siyasal, sosyal ve kültürel anlamda önemli bir kazanç olacaktır.

scholarly journals Behavioral Biases as An Effective Factor for the Firm Financial Decision-Making: A Literature Review

2016 ◽  
Vol 10 (2) ◽  
pp. 2103-2115
Author(s):  
Bilgehan TEKIN
Keyword(s):  
Decision Making ◽  
Behavioral Finance ◽  
Point Of View ◽  
Decision Making Process ◽  
International Studies ◽  
Negative Effects ◽  
Financial Decisions ◽  
Behavioral Biases ◽  
Effective Decision Making ◽  
The Impact

Decision-making process is a multi-faceted and complex process. Decision making can be defined like a process of choosing from among a number of alternatives. It will not contribute enough to be fully understood and to effective decision making to be addressed only from the rational point of view. Behavioral finance is an integral part of the decision-making process. Individuals can improve their performance by recognizing the biases which discussed in the framework of behavioral finance. Understanding the possible negative effects of biases allows to the individuals to make better choices and they can avoid repeating the expensive errors in future. Result of investigations of behavioral biases on decision-makers in the firms, managerial bias issue has been raised. The studies show the effect of managerial biases on many financial decisions in firms. This paper investigated the role of biases such as overconfidence, loss aversion, optimism, anchoring, narrow framing, self-serving attribution, disposition effect etc. on financial decisions such as investing, financing, equity market, capital structure etc. This study review of 30 international studies related with behavioral corporate finance and behavioral biases that affect financial decisions in firms. The studies were gleaned from Web of Science and Google Scholar. The main contribution of this study to the literature is this study brings out the impact of behavioral biases on financial decisions in the firms by summarizing the previous studies. In this sense, this work also has an assembly quality. Therefore, this is also intended with this study that to transfer the knowledge and intellectual formation about the impact of behavioral bias on the financial decisions. In this paper, most important behavioral biases in the behavioral finance literature will be addressed.

The selection model for horizontal alliances between hotels and airlines: an integrated application of NGT, fuzzy TOPSIS and MCGP methods

2020 ◽  
Vol 75 (4) ◽  
pp. 681-698 ◽  
Author(s):  
Yan-Kai Fu ◽  
Weilun Huang ◽  
Chin-Nung Liao
Keyword(s):  
Decision Making ◽  
Selection Process ◽  
Evaluation Model ◽  
Operating Cost ◽  
Fuzzy Topsis ◽  
Point Of View ◽  
Evaluation Framework ◽  
Selection Problem ◽  
Content Type ◽  
Business Goals

Purpose The purpose of this paper is to evaluate the hotel selection problem of airlines for their hotel and airline alliance (HAA) to develop potential customers of airlines. This paper will propose a hybrid mathematics evaluation model to help airline to select an optimal hotel with both qualitative and quantitative criteria. Design/methodology/approach To solve the hotel selection problem of airlines for their HAA, this paper focuses on the implementation of the NGT, Fuzzy TOPSIS and MCGP models in the hotel selection process. Initially, the NGT was used to create HAA decision-making criteria based on the literature review and expert opinions, and it was found that scale and scope possibility, brand value, tourism attraction, operating cost and industrial conditions are the most important criteria. Later, the Fuzzy TOPSIS method was used to obtain the general normalized fuzzy preference and to compute the closeness coefficients of each alternative hotel with respect to each criterion. Third, five tangible constraints were incorporated into the Fuzzy TOPSIS-MCGP model to calculate the optimal hotel with LINGO software. Findings Airline managers can use the proposed model to form a clear view of how to choose the most suitable hotel to cooperate with to outperform their competitors. Having access to this information allows airline managers to take steps to perform better and improve the performance of the partnership, helping them to gain more confidence in their decision-making capabilities while reducing investment risks. Originality/value This is the first paper that has adopted Fuzzy TOPSIS-MCGP to select hotel for their HAA from the airline’s point of view. The major contributions of this study are as follows: an efficient and simple evaluation framework is proposed for handling vagueness and uncertainty in real-world hotel selection problems; the advancement of treating uncertainty in the MCDM process; the fuzzy TOPSIS-MCGP method is extended for such problems, taking into account tangible and intangible criteria; airline managers can now make decisions in choosing to select the best hotel for their HAA that meets the airline's business goals and passenger demands; hotel operators are flexible in selecting their airline partnership, thus creating greater profit for both parties.

Sign in / Sign up

Export Citation Format

Share Document