ARTILCE Available Online at www.ijarcs.info Comparative Study Of Decision Making Techniques For Multi-Attribute Decision Making Problems Tb. Ai Munandar Azhari‚ SN Information Tech. Faculty – Informatics Eng. Dept Universitas Serang Raya (UNSERA) Banten Province – INDONESIA Faculty of Math. & Natural Sciences Universitas Gajah Mada (UGM) Yogyakarta - INDONESIA Abstract: The selection of the method of decision-making in order to determine the expected outcomes of the solution of the
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On any given day within any organization there are decisions to be made. These may be as mundane as where to go for lunch or what new product to put out on the market. There are several decision-making tools and techniques that a person or group can put to use with brainstorming being one of them. Brainstorming is "a tool for generating as many ideas or solutions as possible to a problem or an issue" (Simon para 1). Brainstorming does not determine the solution that needs to be implemented rather
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Applying Decision Making Techniques to Identify Solutions How will the South Pacific Logistics and Transportation Company establish a greater and profitable presence on the Island of Kava? Considering all the physical‚ environmental and socio-economical issues previously discussed‚ how can a decision be made that will provide the best solution for both the corporation‚ its stakeholders and the community in which they operate? There are several tools and techniques available to guide decision
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to laboratory for micro testing. From couple months we start receiving bad results on our sandwiches. Thats continous every week now so we’ve noticed is a problem that need to be solved In shortest time‚ otherwise it can have a big impact for the company. If some of our customers will be poisoned by our food‚ than he can sue us or complain to EHO. In cosequence we could be obligate to pay compansation‚ or in worst scenario our factory can get close by health officer. The owners of this problem‚ as
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Critical Thinking 1 CRITICAL THINKING AND DECISION MAKING Critical Thinking and Decision-Making Paper Critical Thinking 2 Abstract Critical thinking and decision-making are related in more ways than people think. This paper will define critical thinking and decision-making according to the book Whatever It Takes. It will also present a personal definition of critical thinking and decision-making from the author of this paper. The relationship between the two will be explained as
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JIT Application in Toyota Company Toyota is one of very large company in automobile. In their production‚ Toyota Company has applied JIT (Just in Time) approach in their manufacturing. The advantages of using JIT approach is to reduce or minimize the waste of production‚ reduce hands-off‚ reduce re-work and any other delays on manufacturing process. One of characteristic in JIT approach is the flow of work. Parts or component of material will flow from one work center to many others with intermediate
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GLO-BUS Exercise Works make decisions each period relating to the design and performance of the camera line (10 decisions)‚ production operations and worker compensation (15 decisions)‚ pricing and marketing (16 decisions)‚ corporate social responsibility and citizenship (up to 6 decisions)‚ and the financing of company operations (4 decisions). Your Company’s Operations -headquartered in the U.S.‚ began operations five years ago and maintains a production facility in Taiwan. It assembles
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A Decison Making Model There is a tendancy to make decisions automatically rather than taking a systematic approach. It is still important to monitor yourself‚ and when possible follow this decision making model (Smith‚ 2002[2]): Detect - Detect that a change has occured Estimate - Estimate the need for action to adapt to the change Choose - Choose the most desirable outcome Identify - Identification of actions which will successfully control the change Do - Carry out the chosen actions
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Decisions Involving Alternative Choices Structure: 13.1 Introduction Objectives 13.2 Decision Making 13.3 Types of Costs 13.4 Types of Choices Decisions 13.5 Make or Buy Decisions 13.6 Addition / Discontinuance of a Product line 13.7 Sell or Process Further 13.8 Operate or Shut down 13.9 Exploring New Markets 13.10 Maintaining a desired level of profit 13.11 Summary 13.12 Terminal Questions 13.13 Answers to SAQs and TQs 13.1 Introduction In the previous unit we learnt about Marginal
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Two well-known contributors in the team decision making field recently published a book on best practices (Sunstein & Hastie‚ 2015). Sunstein and Hastie argued that current techniques in team decision making have neglected research and‚ as a result‚ have a tendency to end unfruitfully. This neglect is problematic‚ as research shows that teams can potentially outperform individuals and there are tasks that only cross-functional teams with complementary skills can perform (Hinz‚ Tindale‚ & Vollrath
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