scholarly journals A Survey of Models, Technologies and Trends in Decision Making with Internet of Things

2019 ◽  
Vol 4 (1) ◽  
pp. 26-38
Author(s):  
You Ari Faeni

The development of IoT (internet of things) technology encourages increased use of smart devices and their supporting applications. The use of smart devices and applications that are growing rapidly and large will certainly produce large amounts of data and information. The next challenge is how to use the data and information generated to help people solve various problems that exist and improve the quality of human life. Data is analyzed into information, knowledge and in the end it will be used to make decisions. With all the features offered by IoT, decision making is expected to be easier and more precise, according to the expected goals. This paper will discuss the IoT architecture and decision-making framework with IoT. Furthermore, it provides an overview of the models, technology and development of the decision making process with IoT based on previously published papers (journals and conferences). The main purpose of making this paper is to provide insights for researchers about decision making with IoT.

2020 ◽  
Vol 4 (2) ◽  
pp. 80
Author(s):  
Zhang Xiangxiang ◽  
Gao Gengjun

Inventory pledge financing not only solves the financing difficulties of small and medium-sized enterprises, but also opens up business channels for banks. Under the random market demand, this article studies the pledge decision-making of perishable pledges in the inventory pledge business, and establishes that banks do not adopt and adopt the Internet of Things. The pledge rate decision-making model in the two technical situations aims at maximizing the profit at the end of the pledge period. The factors in the model such as the pledge rate, end-of-period income, and IoT technology coverage rate are analyzed respectively, and finally the decision-making process is verified through calculation examples. Studies have shown that, within a certain range, banks can use IoT technology to supervise pledges to obtain greater benefits. However, as the coverage of IoT technology increases, bank revenues continue to decrease, so to obtain greater benefits requires the Internet of Things technology set by the bank Invest.


2018 ◽  
Vol 7 (2.7) ◽  
pp. 175 ◽  
Author(s):  
M Geetha Pratyusha ◽  
Yogesh Misra ◽  
M Anil Kumar

Now-a-days Internet of Things is deployed almost in every application regarding smart cities and have been initiated to develop all over the world. Smart Devices are being geared up to ease human life. Due to the growth in Internet of Things technology, smart cities are been developedwith this technology to work with the issues of public as well as private. The aim of the article is to enhance a solution to the problems in the smart cities with latest IoT architecture, protocols and services. With the technical support of IoT, using low power Wireless Sensor Networks (WSN) which is connected to transfer the data from M2M applications. In addition to the IoT, intelligent features are integrated with the help of Computer vision makes the technology more flexible. The goal of this article is to engrave the services to challenge the real time environment with low power synthesis technique. Only then, the smart city features are improved and serves the mankind with IoT technology.


1981 ◽  
Vol 33 (2) ◽  
pp. 234-252 ◽  
Author(s):  
Jerel A. Rosati

The bureaucratic politics model has achieved great popularity in the study of decision making. Yet too often the term “bureaucratic politics” is used by scholars and practitioners without clearly stating its policy application. The decision-making behavior that occurred during the Johnson and Nixon administrations for SALT I serves to illustrate many of the limits of the model. First, the decision-making structure posited by the bureaucratic politics model is not nearly as prevalent within the executive branch as is commonly assumed. Second, even where the bureaucratic politics structure is present, the decision-making process is not always one of bargaining, compromise, and consensus. Finally, the decision context and the decision participants are ignored in the model. To provide a clearer understanding of policy-making behavior, a more systematic decision-making framework is offered, which should contribute to the development of better model- and theory-building.


2017 ◽  
Vol 12 (7) ◽  
pp. 129
Author(s):  
Mona Mohamed Abd Elghany ◽  
Reem Aly Elharakany

The quality of education is influenced by the managerialization of the universities, which refers to the introduction of substantial changes in the decision-making processes of the academic institutions, and the application of renewed information systems along with new managerial methodologies to restructure the organisational strategic relationships with stakeholders. This paper proposes a questionnaire to assess the importance of facilities in universities according to their financial budget consumed value. Semi Structured Interviews were conducted with the heads of logistic and financial departments in Egyptian universities, twenty public universities and twenty-three private universities, in order to identify criteria for the most significant university's facilities and appealing infrastructure that contributes to the quality of education.


2019 ◽  
Vol 1 (1) ◽  
pp. 85-92
Author(s):  
Robert Sałek

Abstract The issue of quality is a very important aspect of the operation of transport companies. In relation to the area of their activity it primarily focuses on the quality of services provided, which can be verified e.g. on the basis of timeliness of deliveries or accepted complaints. This allows for examining the quality after providing the service in order to take future pro-quality actions. However, is it possible to affect the quality of services provided before their provision? The transport process itself is preceded with a range of actions taken within the framework of detailed planning and organization, which can significantly influence the quality of services. The decisions made at the management level are conditioned by many factors determining the course of future events, however, this is not always enough to make the process run uninterruptedly. Therefore, it is important to structure basic actions at the initial stage so as to allow the smooth conduct of the decision-making process for the specific task in order to subsequently focus on the detailed analysis of the actions planned. In the paper, the author attempts to characterize the fundamental factors affecting the decisions taken during the planning and organization of the transport process. The objective of the conducted research is to verify initial decisions and their significance for the improvement in the quality of transport services provided. There was conducted the algorithmization of actions and interpretation of their importance for the quality of decisions taken at the preparatory stage and during transport.


2020 ◽  
Vol 2 (1) ◽  
pp. 35-48
Author(s):  
Nurjannah ◽  
Dito Putro Utomo

Decision support system for selecting color guard with VIKOR and Borda methods. It has been made as a tool to select color guard at the Sei Rampah High School. The criteria used in the decision support system for color guard selection are: height, weight, agility, stamina, and body language. Color guard selection activities are a routine activity every year, so GINADA marching band coach Sei Rampah hereby selects to select permanent members in the marching band. Decision Support System in an organization can be seen as important in supporting the smooth running of activities and achieving an organizational goal. SPK can come in various forms, ranging from simple forms of data processing to complex application forms, and can also be used to accelerate and improve the quality of the decision-making process in the organization.


2008 ◽  
Vol 2 (1-2) ◽  
pp. 103-105
Author(s):  
Lari Hadelan

The major prerequisite of successful entrepreneurship venture is quality of decision-making process. Decision in investment is the most important financial decision. It is a part of both long-term business planning process and strategic business definition. Using available investment appraisal methods, entrepreneur should make positive or negative investment decision. Within the development of the economic theory and the practice many of methods made decision-making process rational and gave the scientific and practical base for successful project evaluation.


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