1/f noise and decision complexity

1997 ◽  
Author(s):  
Christian M. Richard ◽  
Lawrence M. Ward
Keyword(s):  
Decision Complexity

scholarly journals “Buy Online, Pick Up in Store” under Fit Uncertainty: To Offer or Not to Offer

Complexity ◽  
2020 ◽  
Vol 2020 ◽  
pp. 1-12
Author(s):  
Huijing Li ◽  
Shilei Yang ◽  
Haiyan Kang ◽  
Victor Shi
Keyword(s):  
Mathematical Model ◽  
Distribution Function ◽  
Cost Ratio ◽  
Cost Factor ◽  
Optimal Decisions ◽  
Numerical Studies ◽  
Shopping Experience ◽  
Complex Decision ◽  
The Cost ◽  
Decision Complexity

Retailers offer BOPS (Buy Online, Pick Up in Store) service to improve consumers shopping experience. However, this greatly increases the decision complexity for retailers and consumers. For consumers, whether to purchase online or from a store with the BOPS service is a complex decision. This is especially true when the product has fit uncertainty. That is, consumers are uncertain about product fitness before using it. Also, their store visit cost can be heterogeneous and follows some distribution function. For a retailer, it needs to jointly optimize multiple decisions including the convenience degree of BOPS. To help the retailer develop the jointly optimal decisions, we first build a mathematical model where the retailer sells the product through online and store channel and analyzes the possible effects of BOPS. We find that the retailer should offer BOPS when the channel cost ratio (ratio of shipment fee divided by average store visit cost) is large enough. Through numerical studies, we show that the ratio of profit offering BOPS divided by the benchmark increases with the probability of product fit, shipment fee, and the convenience degree of BOPS. We then consider the case where the convenience degree of BOPS is also a decision itself. We find the optimal convenience degree of BOPS increases along with the average store visit cost and the probability of product fit. When the cost factor of offering the convenience for BOPS is larger than a threshold, the retailer should never offer BOPS.

scholarly journals Pengaruh Kompetensi Auditor, Kompleksitas Tugas, Skeptisme Professional terhadap Kualitas Audit dengan Due Professional Care sebagai Variabel Moderating pada Kantor Akuntan Publik di Medan

2021 ◽  
Vol 6 (1) ◽  
pp. 47-57
Author(s):  
Sophia Tanady ◽  
Jessy Meilavia ◽  
Wilsa Road Betterment Sitepu
Keyword(s):  
Research Method ◽  
Quantitative Research ◽  
Population Data ◽  
Government Agencies ◽  
Questionnaire Data ◽  
Quantitative Research Methods ◽  
Professional Care ◽  
Decision Complexity ◽  
Modern Era

In this modern era, the services of an auditor are very much needed by government agencies and private agencies because the results of the decisions made by auditors can reflect the transparency of an organization. An auditor must have an attitude of competence and good skepticism so that when assessing an organization, no mistakes occur. The attitude of complexity is also an attitude that must be possessed by an auditor where an auditor must be able to know what difficulties or obstacles will be faced in determining the outcome of the decision. Complexity also requires auditors to think about whether the task being carried out can be completed properly or not. The characteristics that exist in the auditor may reflect the quality of the audit produced by the auditor. The research method used is quantitative research methods with all members of public accountants used as population data and the use of the Likert scale as a reference in collecting questionnaire data. From the results of research that has been conducted in Medan, it can be concluded that.

Decision Complexity as a Barrier to Annuitization

2013 ◽  
Author(s):  
Jeffrey R. Brown ◽  
Arie Kapteyn ◽  
Erzo F.P. Luttmer ◽  
Olivia S. Mitchell
Keyword(s):  
Decision Complexity

A Mashup Application to Support Complex Decision Making for Retail Consumers

2012 ◽  
pp. 277-294 ◽  
Author(s):  
Steven Walczak ◽  
Deborah L. Kellogg ◽  
Dawn G. Gregg
Keyword(s):  
Decision Making ◽  
Information Overload ◽  
Decision Quality ◽  
Online Tools ◽  
Decision Making Processes ◽  
Complex Decision Making ◽  
Complex Decision ◽  
Time Required ◽  
Decision Complexity

Purchase processes often require complex decision making and consumers frequently use Web information sources to support these decisions. However, increasing amounts of information can make finding appropriate information problematic. This information overload, coupled with decision complexity, can increase time required to make a decision and reduce decision quality. This creates a need for tools that support these decision-making processes. Online tools that bring together data and partial solutions are one option to improve decision making in complex, multi-criteria environments. An experiment using a prototype mashup application indicates that these types of applications may significantly decrease time spent and improve overall quality of complex retail decisions.

Identifying Decision Complexity Factors in Ambulance Command and Control

2005 ◽  
Vol 49 (3) ◽  
pp. 234-237 ◽  
Author(s):  
J. Hayes ◽  
A. Moore ◽  
G. Benwell ◽  
B. L. W. Wong
Keyword(s):  
Decision Making ◽  
Interface Design ◽  
Quantitative Data ◽  
Command And Control ◽  
View Point ◽  
Decision Method ◽  
Work Factors ◽  
Decision Making Processes ◽  
And Control ◽  
Decision Complexity

To understand the decision making processes of fourteen ambulance command and control (C2) operators, interviews employing the critical decision method were conducted in two ambulance C2 centres. An emergent themes analysis of the interview transcripts resulted in the identification of the strategies used by the operators when making dispatch decisions. To complement this work, factors that were considered to contribute to the complexity of the decision making task were identified and then rated by the operators to determine the extent of this contribution. As a result the researchers obtained quantitative data regarding the factors that were considered to contribute the greatest to the complexity of the dispatch task from the view point of the operators. The benefits of this approach include the identification of cognitive 'choke points' in the dispatch process that can be addressed during interface design.

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