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This paper discusses the use of multi-criteria decision analysis for supporting strategic decision making in organisations. It begins by exploring the notions of strategic decisions and the strategic decision-making process. We suggest that structuring strategic objectives, dealing with high...
Persistent link: https://www.econbiz.de/10009439493
Locating logistic facilities, such as plants and distribution centres, in an optimal way, is a crucial decision for manufacturers, particularly those that are operating in large developing countries which are experiencing a process of fast economic change. Traditionally, such decisions have been...
Persistent link: https://www.econbiz.de/10009439942
This paper discusses the use of multi-criteria decision analysis for supporting strategic decision making in organisations. It begins by exploring the notions of strategic decisions and the strategic decision-making process. We suggest that structuring strategic objectives, dealing with high...
Persistent link: https://www.econbiz.de/10009439980
Persistent link: https://www.econbiz.de/10004973533
Multi-criteria portfolio modelling has been extensively employed as an effective means to allocate scarce resources for investment in projects when considering costs, benefits and risks. Some of these modelling approaches allow the grouping of projects into organisational areas, thus also...
Persistent link: https://www.econbiz.de/10004973629
The traditional way of employing operational research in organisational interventions has been the expert mode. In this mode, the problem situation faced by the client is given to the operational research consultant, who then builds a model of the situation, solves the model to arrive at an...
Persistent link: https://www.econbiz.de/10008494762
Cognitive/causal maps have been widely used as a powerful way of capturing decision-makers' views about a problem, representing it as a cause-effect discourse. Several ways of making causal inferences from this type of model have been proposed in the Operational Research and Artificial...
Persistent link: https://www.econbiz.de/10005283503
Persistent link: https://www.econbiz.de/10013534552
Persistent link: https://www.econbiz.de/10011864403
Persistent link: https://www.econbiz.de/10011889483