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The Rural Appliance Rebate Program (RAR) starting at the end of 2010 was part of the efforts of Chinese government to boost up domestic consumption during global economic downturn. While the RAR program's positive effects on macro economics have been well documented, the impacts of such a governmental subsidy program on the companies and the industry are unknown. This paper investigates whether the...
In this paper, we propose a game theoretical analysis of supply chain configurations for two manufacturers and two retailers. The supply chain configuration is the structure of the leader-follower relationship in the decentralized decision making of pricing decisions for manufacturers and retailers. The effects of the supply chain configurations on the total profit are investigated. The closed-form...
Safety storage in large warehouse is an urgent issue to be addressed by both the local authorities and businesses, especially after the Tianjin explosions. This paper proposes an inventory management system for a warehousing company. The system integrates RFID technology and a self-Adaptive distributed decision support model for inbound and outbound actives, inventory location suggestions and incident...
We present the induced generalized ordered weighted logarithmic aggregation (IGOWLA) operator. It is an extension of the generalized ordered weighted logarithmic aggregation (GOWLA) operator. The IGOWLA operator uses order-induced variables that modify the reordering mechanism of the arguments to be aggregated. The main advantage of the induced process is the consideration of the complex attitude...
The location selection of distribution centers is one of important strategies to optimize the logistics system. To solve this problem, this paper presents a new multi-actor multi-attribute decision-making method based on ELECTRE I. The proposed method helps decision-makers to select a preferred location from a given set of locations for implementing. The strength of the proposed method is to incorporate...
Recent years have witnessed the boom of venture capital industry. Venture capitalists can attain great financial rewards if their invested companies exit successfully, via being acquired or going IPO (Initial Public Offering). The literature has revealed that, from both financial and managerial perspectives, decision-making process and successful rates of venture capital (VC) investments can be greatly...
Many decision problems have more than one objective that need to be dealt with simultaneously. Moreover, because of the qualitative nature of the most of real world problem it is an inevitable activity and very important to interpret and present the uncertain information for making effective decision. The Evidential Reasoning (ER) approach which is one of the latest development within multi criteria...
This research aims at developing a hybrid model for non-homogeneous group decision making in the supplier selection process to select a supplier that best satisfies the purchaser. The model uses the analytical hierarchy process (AHP) in determining the influence weightings of company function department (CFD), then the house of quality (HOQ), as an essential part of the quality function deployment...
Supplier selection/evaluation is considered as a critical activity for establishing an effective supply chain. This is particularly relevant to situations where a large number of global suppliers are involved, as is in the case of a pharmaceutical set-up. The current study focuses on a multi-criteria decision making problem which includes both qualitative and quantitative criteria relevant to supplier...
Modularization is a complex strategy characterized by both technical and managerial decisions. This paper aims at understanding practitioners' perceptions about two of the most important elements to be taken into account in a proper decision-making process, i.e. barriers to and impacts of modularization. The adopted methodology is the analysis of a number of questionnaires distributed during two of...
This paper aims to extend current research in the area of on-line business-to-business clients preferences. A quantitative research in a form of transaction log analysis (TLA) performed by the authors allow to conclude that search log and shop basket logs are sources of viable information about business customers. Transaction log analysis allows to identify different customer groups, such as searchers...
The article presents a proposal to extend the functionality and knowledge of Business Intelligence systems to answer the requirements of managers of small and medium-sized enterprises (SMEs). It concerns two major aspects of the system, i.e. the interface that takes into account the level of knowledge of the manager, and supports the interpretation of economic and financial information using the built-in...
the goal of implementation for ERP systems are improving performance business process and achieve work more efficiency and productivity. The ERP systems as basic to consider evaluating performance achievement as a tool for analyzing, evaluating and support decision making. In the reality, the managers have problems using ERP systems to making decisions and ultimately improve the synchronization of...
Negotiation is a fundamental mechanism in multi-agent systems. It may be a complex mechanism involving multiple agents with conflicting interests that need to reach a joint agreement. Complexity intensifies when moving from bilateral to multilateral negotiation. An important issue in such negotiation is to define a specific and effective protocol that guides the interactions between the agents. In...
BI (Business Intelligence) is an important discipline for companies and the challenges it faces are strategic. A central concept in BI is the data warehouse, which is a set of consolidated data from heterogeneous sources (usually databases in 3NF). To model the data warehouse, the Inmon and Kimball approaches are the most used. Both solutions monopolize the BI market However, a third modeling approach...
Solid state lighting provides an excellent vehicle for enhancing the retail experience, educational efficacy, corporate branding and to help set just the right mood. Lighting plays a critical role in attracting customers, driving their buying experience and increasing the chances they will return again. Lighting sets the mood. Boeing recently implemented a mellow blue tone in the interior of their...
A systematic framework for solving multiobjective optimization problems (MOPs) is proposed. A physical problem with multiple objectives is first transformed into an MOP. Multiobjective evolutionary algorithms are then applied. By solving the MOP, a set of Pareto optimal solutions and an approximate Pareto front can be obtained. To select a final solution, multicriteria decision making approaches are...
Supplier selection and evaluation plays an importance role for companies to gain competitive advantage and achieve the objectives of the whole supply chain. To select the appropriate suppliers, many qualitative and quantitative criteria are needed consider in the decision process. Therefore, supplier selection and evaluation can be seem as a multi-criteria decision making (MCDM) problem in vague environment...
Economic managers make goal-seeking decisions under the combination of circumstances. In this paper we put the emphasis on the managers working environment. Distinguishing features of high-end technologies management are considered. Mathematical techniques which can be applied to a decision making process are briefly described.
In today's competitive operating environment one of the chief factors in success of outsourcing is the suppliers. Hence, it becomes imperative for an organization to choose suppliers carefully who cater to its needs. In this paper, we have developed a hybrid approach dedicated to supplier selection problem; this approach combines the correlation coefficient and standard deviation (CCSD) method and...
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