Search results for "Decision-making"
showing 10 items of 309 documents
Multiple-criteria cash-management policies with particular liquidity terms
2019
Abstract Eliciting policies for cash management systems with multiple assets is by no means straightforward. Both the particular relationship between alternative assets and time delays from control decisions to availability of cash introduce additional difficulties. Here we propose a cash management model to derive short-term finance policies when considering multiple assets with different expected returns and particular liquidity terms for each alternative asset. In order to deal with the inherent uncertainty about the near future introduced by cash flows, we use forecasts as a key input to the model. We express uncertainty as lack of predictive accuracy and we derive a deterministic equiv…
Treating Ordinal Criteria in Stochastic Weight Space Analysis
2001
We consider discrete co-operative group decision-making problems and suggest a method that is aimed at providing descriptive information about the acceptability of different decision alternatives. The method is a new variant of the Stochastic Multicriteria Acceptability Analysis (SMAA) method for discrete multicriteria decision-making problems with multiple decision makers. The new method is designed for problems where criterion information is completely or partially ordinal, that is, experts (or decision makers) have ranked the alternatives criterion-wise. The approach is particularly suitable for group decision making where either no or only partial preference information is available ass…
Individual Performance in Turbulent Environments: The Role of Organizational Learning Capability and Employee Flexibility
2015
Organizational learning capability (OLC) and employee flexibility help firms navigate the challenges faced by organizations operating in turbulent environments. OLC includes dimensions such as experimentation, risk taking, openness, dialogue, and participative decision making. Employee flexibility is considered a crucial tool for strategic human resource management in tackling environmental turbulence. Accordingly, we pose the following research question: how, and to what extent, is individual performance enhanced by OLC and employee flexibility in turbulent environments? The major impact that environmental turbulence has on change and flexibility requirements suggests that employee flexibi…
The relative relationship between education and workplace task discretion: an international comparative perspective
2019
International audience; Through analyses of Programme for the International Assessment of Adult Competencies (PIAAC) data, the following study considers the direct and indirect association between education and workplace task discretion in 30 countries. By focusing on cross-national comparison, it considers the ways in which these findings are dependent on both the overall level and the range of task discretion across occupational sectors within a country. Theoretically, individual-agency and critical-institutional hypotheses are compared, two perspectives that provide divergent explanations for the indirect association between education and task discretion. The findings partially support b…
Models of an individual decision-making process related to ethical issues in business: the risk of framing effects
2009
Accepted version of an article published in the journal:International Journal of Business Governance and Ethics, Inderscience Publishers Published version available at: http://inderscience.metapress.com/link.asp?id=b0213827772k8p46 The theoretical paper at hand reviews 16 most often cited descriptive models of a manager's individual decision-making process related to ethical issues in business in general, international business and marketing fields in particular. The paper has a goal to point out the need to rephrase the dependent variable in the models in neutral terms to avoid framing effects in the three subject areas, as well as to rename the models accordingly. Copyright © 2009, Inders…
The effects of mental fatigue on sport-related performance
2018
International audience; Mental fatigue is known to increase subjective feelings of fatigue and to decrease cognitive performance, but its impact on physical performance remains poorly understood. The aim of this chapter was to review the results of 29 studies published between 2009 and April 2018 and focusing on the impact of mental fatigue on sport-related performance. Taken all studies together, it appears that mental fatigue impairs endurance performance, motor skills performance and decision-making performance. However, maximal force production is not reduced in the presence of mental fatigue. These observations suggest that mental fatigue impairs sport-related performance during exerci…
Oral cancer and treatment information involved in therapeutic decision-making
2019
Early detection of oral cancer improves survival after treatment and the quality of life. The adoption of standardized methodological protocols of screening has increased the possibilities for early identification and appropriate treatment. The informed consent must be obtained by patients before any treatment and/or surgical procedure. The clinical and surgical details must be discussed with the patient, as well as potential risks and benefits. Consent must be documented in the medical record and consent forms may serve to document the physician's discussion with the patient. Objectives. all dentists are trained to detect the early signs of oral cancer. The health professional have a key r…
Évaluation, concertation, et processus de décision
2003
The author outlines the theoretical and sociological considerations influencing the decision-making cycle for the French education ministry. He makes the case that education policy has been guided by ideological and political considerations rather than by scientific evidence and evaluation-based processes. He calls for widespread use of external appraisals involving the concerned actors.
DECISION-MAKING MODELS FOR PREDICTIVE MAINTENANCE SERVICE SUPPORT SYSTEMS
2023
Nell'era digitale, la tecnologia è in continua evoluzione, con enormi progressi nell'automazione che consentono una gestione della manutenzione più efficiente ed economica. Le tecnologie digitali stanno convergendo e avanzando insieme alle industrie, determinando progressi significativi nella gestione della manutenzione. La tradizionale strategia di manutenzione preventiva gestita dall'uomo lascia progressivamente spazio alla manutenzione predittiva, che rappresenta un’ottima opportunità per migliorare significativamente la pianificazione della manutenzione del sistema, in particolare per i sistemi più complessi e dal significativo valore monetario. Tuttavia, l’implementazione di tecniche d…
Multicriteria Prioritization for Multistage Implementation of Complex Urban Renewal Projects
2015
Renewal projects on neighborhood scale often include several sub projects aiming at fulfill the different functions of urban areas, while public funds or activated public-private partnership can be insufficient to face the implementation of subprojects simultaneously. Therefore single parts of wider projects are frequently realized at different period of time, according to the availability of public funds or the interest of private partners in the most profitable projects. Although a major organizational effort of funding could be necessary, a more rational approach is required, which will be able to identify the most suitable sequence of realization ensuring the greatest advantage if non c…