Making a decision is a complex process which must be based upon a method that is able to establish the optimum criteria in choosing an alternative, in evaluating the main effects of implementing the decision which was taken and in estimating the risks involved. The optimizing methods and...

The management system represents all the elements having an organizational, decisional, informational, and methodological character through the agency of whom the process of management is achieved with a view of attaining a maximum level of performance. The managerial machinery of a modern...