Decision Making in a Fuzzy Environment and its Management to the Diminishing Manufacturing Sources and Material Shortage Problems

2014 ◽  
Vol 513-517 ◽  
pp. 2672-2675
Author(s):  
Yuan Cheng Tsai ◽  
Yi Lun Chi
Keyword(s):  
Genetic Algorithm ◽  
Decision Making ◽  
Fuzzy Theory ◽  
Aerospace Industry ◽  
Possibility Theory ◽  
Lessons Learned ◽  
Fuzzy Environment ◽  
The Subject ◽  
Electronic Support

The paper formulated a proposed methodology to manage diminishing manufacturing sources and material shortage (DMS) with conclusions and recommendations on the subject of component obsolescence management in a military electronic support environment. By assessing applicable literature as well as feedback and lessons learned from relevant support projects, a strategy for the management of component obsolescence is proposed. The aim of the research is to explore the problem of managing DMS strategies by the method of project management and describes the risk of running distinct strategies to solve problems of DMS by fuzzy theory and possibility theory. Based on the results, this paper can be applied to support businesses quickly to determine the Strategies Combination, Resource Allocation and Inventory by using the model and genetic algorithm. A case study of an aerospace industry is used to illustrate the concept developed, which would be meaningful to reduce applicable obsolescence risks and thereby reducing related inventory and manpower costs.

scholarly journals Mapping Psychological & Sociological Influences on Individual Decision Making and Brand Choices

2015 ◽  
Vol 52 ◽  
pp. 104-110
Author(s):  
Ray Titus ◽  
Bhavika Veeramachaneni
Keyword(s):  
Decision Making ◽  
Individual Case ◽  
Single Individual ◽  
Market Place ◽  
Personality Tests ◽  
Mba Program ◽  
The Subject ◽  
Consumption Decision ◽  
Depth Interviews

Understanding and responding to the quintessential customer is the only way marketers will survive high density competition in the market place. Giving the consumer what he needs, when he needs it and where he needs it is the key to smart marketing. Providing consumer solutions in turn require marketers to know their target consumers’ psyche and the sociological influences that bear down on them. This research study uses multiple qualitative tools like personality tests, perception tests, in depth interviews and projective techniques to understand the psyche, social cultural environment and the decision making framework of an individual research subject. The subject chosen for the single individual case study was a student at an MBA program in the metropolitan city of Bangalore. He is in his mid-20s looking to move on to a corporate job after the completion of graduate business program. The research primarily focussed on understanding the influences his social circumstances and his personal psyche had on consumption decision making.

scholarly journals Creating an Outreach Plan That Accounts for the Seen and Unforeseen

2020 ◽  
Vol 1 (1) ◽  
pp. 24-40
Author(s):  
Zoe Bastone
Keyword(s):  
Decision Making ◽  
Academic Libraries ◽  
Recent Literature ◽  
Lessons Learned ◽  
Academic Librarians ◽  
Academic Year

Outreach is a necessary component of an academic library’s operations and often requires extensive time for the planning, approval, execution, and assessment depending on the personnel involved and the scope of the event. Recent literature has started to examine how academic libraries are planning outreach to align strategically with the goals of their larger institutions, but not how they balance these efforts when new opportunities arise throughout the academic year. This article will provide a brief analysis of the literature which addresses issues that academic librarians who plan outreach face. The second half of this article will provide a case study of how the author planned, created, and implemented an outreach plan at her academic branch library. This case study will detail the process of how she used an outreach plan to establish outreach that was efficient and impactful with limited staffing, while also aligning strategically with the goals of her library and the larger institution. In addition, this case study will detail how she used this outreach plan throughout the 2019-2020 academic year to guide decision making when new outreach opportunities would arise. This article will conclude with lessons learned from this process.

Benefits and Pitfalls of Open Source in Commercial Contexts

2005 ◽  
pp. 222-241 ◽  
Author(s):  
Jiayin Hang ◽  
Heidi Hohensohn ◽  
Klaus Mayr ◽  
Thomas Wieland
Keyword(s):  
Decision Making ◽  
Open Source ◽  
Lessons Learned ◽  
Commercial Product ◽  
Decision Making Process ◽  
Business Opportunity ◽  
Open Source Framework ◽  
Open Source Communities ◽  
Communication Culture

This chapter intends to show how companies can benefit from open source software and its development culture and how the open source communities could, in turn, be stimulated and accelerated. One of the first major steps for businesses that plan to act in this context is to accept that open source projects have their own communication culture. After explaining this fact, we illustrate its relevance on the basis of a case study in which an open source framework was used to build a commercial product. The decision-making process and the lessons learned from it point out some guidelines, particularly for companies that offer projects rather than products. As there are, however, more parties involved than just the developers when OSS is discussed as a business opportunity, we also classify the different players in the software business such as distributors, system integrators, and software/hardware vendors. Findings on roles and their motivations and restraints, partially based on a survey carried out within our research project, point up this categorization. The authors hope that this overview of the benefits and pitfalls will encourage more companies to make use of and invest in the open source way to develop and deploy software.

scholarly journals Club Diplomacy in the Arctic

2019 ◽  
Vol 25 (2) ◽  
pp. 304-326
Author(s):  
Danita Catherine Burke
Keyword(s):  
Decision Making ◽  
International Politics ◽  
The Arctic ◽  
Illustrative Case ◽  
Arctic Council ◽  
Club Membership ◽  
Decision Making Processes ◽  
The Subject ◽  
Illustrative Case Study

Abstract The Arctic Council is frequently called a unique forum but, as this article argues, clubs are common in international politics and in many respects the Arctic Council is a club. This article explores the questions: Why are the Arctic states acting like a club in Arctic politics, and how do internal hierarchies influence how clubs make decisions? As the article illustrates, clubs are the stage for club diplomacy and, in club diplomacy, hierarchies play an important role. Using the Arctic Council as an illustrative case study, this article argues that clubs have internal hierarchies that inform their decision-making processes and their responses to challenges to their status. When clubs try to deal with subjects that extend beyond the boundaries of the sovereignty of club members and the parameters of club membership, club members may suffer from a lack of status and legitimacy to unilaterally deal with the subject.

scholarly journals Significance of multi-objective optimization in logistics problem for multi-product supply chain network under the intuitionistic fuzzy environment

2021 ◽  
Author(s):  
Srikant Gupta ◽  
Ahteshamul Haq ◽  
Irfan Ali ◽  
Biswajit Sarkar
Keyword(s):  
Decision Making ◽  
Supply Chain ◽  
Real Life ◽  
Decision Makers ◽  
Supply Chain Network ◽  
Multi Objective ◽  
Intuitionistic Fuzzy ◽  
Fuzzy Environment ◽  
Hierarchical Decision

AbstractDetermining the methods for fulfilling the continuously increasing customer expectations and maintaining competitiveness in the market while limiting controllable expenses is challenging. Our study thus identifies inefficiencies in the supply chain network (SCN). The initial goal is to obtain the best allocation order for products from various sources with different destinations in an optimal manner. This study considers two types of decision-makers (DMs) operating at two separate groups of SCN, that is, a bi-level decision-making process. The first-level DM moves first and determines the amounts of the quantity transported to distributors, and the second-level DM then rationally chooses their amounts. First-level decision-makers (FLDMs) aimed at minimizing the total costs of transportation, while second-level decision-makers (SLDM) attempt to simultaneously minimize the total delivery time of the SCN and balance the allocation order between various sources and destinations. This investigation implements fuzzy goal programming (FGP) to solve the multi-objective of SCN in an intuitionistic fuzzy environment. The FGP concept was used to define the fuzzy goals, build linear and nonlinear membership functions, and achieve the compromise solution. A real-life case study was used to illustrate the proposed work. The obtained result shows the optimal quantities transported from the various sources to the various destinations that could enable managers to detect the optimum quantity of the product when hierarchical decision-making involving two levels. A case study then illustrates the application of the proposed work.

Matching of technological forecasting technique to a technology using fuzzy multi-attribute decision-making methods: Case study from the aerospace industry

2021 ◽  
Vol 67 ◽  
pp. 101707
Author(s):  
Jalil Heidary Dahooie ◽  
Navid Mohammadi ◽  
Tugrul Daim ◽  
Amir Salar Vanaki ◽  
Edmundas Kazimieras Zavadskas
Keyword(s):  
Decision Making ◽  
Aerospace Industry ◽  
Technological Forecasting ◽  
Multi Attribute Decision Making

scholarly journals Influence of portofolio management in decision-making

2018 ◽  
Vol 11 (3) ◽  
pp. 406
Author(s):  
Rolney Baptestone ◽  
Roque Rabechini
Keyword(s):  
Decision Making ◽  
Strategic Management ◽  
Portfolio Management ◽  
Single Case ◽  
Case Study Method ◽  
Financial Organization ◽  
The Subject ◽  
The Relationship ◽  
Practical Implications

This research aims to demonstrate how portfolio management influences the decision-making process in the projects of a financial organization. And to achieve this goal was used the single case study method. In order to reach this goal, the study began by means of bibliometric research on the subject of portfolio management and subsequent bibliographic research on the theme, decision making. Next, the relationships between portfolio management and decision making were studied. The results of the data collected confirmed the relationship between "the use of the project identification process in portfolio management to influence decision making" in order to add value to the business. It is also possible to demonstrate moderately that "the use of criteria for project selection influences the consequences of decision making", helping in the strategic management of the organization. One of the academic contributions was to note a migration of the portfolio management process, such as a tool that only controls the projects that will compose the portfolio of an organization, for a process that aims at a direct alignment with the strategic management of the organization. Regarding the practical implications, it was verified the importance of portfolio analysis for decision making, to the detriment of the evaluation of only one project. Taking into account the profitability and the return on investment of the projects, as the most important aspects for a decision making.

Safe Ship’s Control in a Fuzzy Environment Using a Genetic Algorithm

2011 ◽  
Vol 180 ◽  
pp. 70-75 ◽  
Author(s):  
Mostefa Mohamed Seghir
Keyword(s):  
Genetic Algorithm ◽  
Decision Making ◽  
Decision Making Process ◽  
Fuzzy Environment ◽  
Ship Control ◽  
Marine Accidents

Marine accidents occurring nowadays testify to the fact that systems enhancing the level of navigational safety are indispensable. This paper describes a method of safe ship control in the collision situation in a fuzzy environment based on a genetic algorithm. The optimal safe ship trajectory in a collision situation is presented as multistage decision-making process. The results have been discussed.

Sign in / Sign up

Export Citation Format

Share Document