MCDM (Multi Criteria Decision Making) Fuzzy TOPSIS such as is concerned with structuring and solving decision and planning problems involving multiple criteria. The purpose is to support decision makers facing such problems. Typically, there does not exist a unique optimal solution for such...

The article's objective is to investigate the direct and indirect managerial capabilities on policy planning and performance in small-to-medium-sized companies. The paper explores the hypotheses that there is a significant relationship between: manager's work experiences, educational background...

Recently, the strategic project management (SPM) is considered as a dynamic activity within strategic management process. The literature shows that, many scholars highlighted three main factors in SPM mainly the structure, leadership style, and resources. To implement strategy successfully,...

The insurance linked securities (ILS) market is an increasingly important alternative asset class for which risk and return analysis differs from other asset classes. Measures of portfolio risk and return for an ILS portfolio are based on the expected losses and expected excess returns over the...

Capital structure decisions have become complex in the changing business paradigm. The evaluation techniques used for capital structure decisions by the theories and models developed in the 1950s have lost their relevance due to changes over the years. Capital is still scarce despite financial...

Facility layout selection is an important and critical issue faced by every organization, while setting up and allocating the available or new facilities in a given location. While selecting the most suitable layout, due attention is usually paid to minimize the total transportation cost between...

The increasing intensity of competition, the development of more sophisticated tools for decision-making, and advances in information technology (IT) have led organisations to search for more efficient and effective ways to make key decisions. To succeed in rapidly changing competitive business...

Beaudry and Portier (American Economoc Review, 2006) propose an identification scheme to study the effects of news shocks about future productivity in Vector Error Correction Models (VECM). This comment shows that their methodology does not have a unique solution, when applied to their VECMs...

In Germany, a large number of volunteer fire departments (VFD) exist that have been founded in order to provide regional support for professional firefighters. The current locations of these volunteer fire departments might be suboptimal with respect to costs and availability. Due to historical...

This paper introduces new methods for ranking alternatives in multi-criteria decision making situations. Each is based on the normative position that the strength of an alternative is inversely related to the number of alternatives that could prevent it from being chosen. The scores discriminate...