Decisions, decision-making, and decision support systems in real estate investment management

2015 ◽  
Author(s):  
Carsten Lausberg ◽  
Patrick Krieger
Keyword(s):  
Decision Making ◽  
Decision Support ◽  
Real Estate ◽  
Decision Support Systems ◽  
Support Systems ◽  
Investment Management ◽  
Real Estate Investment

scholarly journals Modeling an Individual and Group Decision on the Implementation of a Real Estate Development Project

2018 ◽  
Vol 251 ◽  
pp. 05007 ◽  
Author(s):  
Elena Romanova
Keyword(s):  
Decision Making ◽  
Decision Support ◽  
Real Estate ◽  
Decision Support Systems ◽  
Group Decision ◽  
Support Systems ◽  
Development Project ◽  
Real Estate Development ◽  
Advantages And Disadvantages ◽  
Computer Decision Support

The implementation of the real estate development project are accompanied many management decisions. These decisions can be made by one person or a project team. The article describes the advantages and disadvantages of individual and group decisions. The results of a comparative research of decision-making by one person and a group using computer decision support systems and without them. It is shown that using of automation tools facilitates decision making and increases confidence in its correctness. It has been experimentally proved that the individual solution is based on a smaller number of factors, is accepted more quickly and more satisfied by the person making the decision, in comparison with the group decision. Further the difficulties in implementing computer decision support systems in the work of a development company and acquired benefits are listed.

IMPLEMENTASI METODE VIKOR DALAM PENERIMAAN JURNALIS PADA KORAN WASPADA MEDAN

2018 ◽  
Vol 2 (1) ◽  
Author(s):  
Soraya Rahma Hayati ◽  
Mesran Mesran ◽  
Taronisokhi Zebua ◽  
Heri Nurdiyanto ◽  
Khasanah Khasanah
Keyword(s):  
Decision Making ◽  
Decision Support ◽  
Decision Support System ◽  
Decision Support Systems ◽  
Support System ◽  
Support Systems ◽  
Knowledge Based ◽  
Computer Based ◽  
Support Decision Making ◽  
Made In

The reception of journalists at the Waspada Daily Medan always went through several rigorous selections before being determined to be accepted as journalists at the Waspada Medan Daily. There are several criteria that must be possessed by each participant as a condition for becoming a journalist in the Daily Alert Medan. To get the best participants, the Waspada Medan Daily needed a decision support system. Decision Support Systems (SPK) are part of computer-based information systems (including knowledge-based systems (knowledge management)) that are used to support decision making within an organization or company. Decision support systems provide a semitructured decision, where no one knows exactly how the decision should be made. In this study the authors applied the VlseKriterijumska Optimizacija I Kompromisno Resenje (VIKOR) as the method to be applied in the decision support system application. The VIKOR method is part of the Multi-Attibut Decision Making (MADM) Concept, which requires normalization in its calculations. The expected results in this study can obtain maximum decisions.Keywords: Journalist Acceptance, Decision Support System, VIKOR

PENERAPAN METODE SIMPLE ADDITIVE WEIGHTING DALAM PENETAPAN TENAGA KEPENDIDIKAN BERPRESTASI

2018 ◽  
Vol 1 (2) ◽  
pp. 45-54
Author(s):  
Helpi Nopriandi
Keyword(s):  
Decision Making ◽  
Decision Support ◽  
Decision Support Systems ◽  
Support Systems ◽  
Multiple Attribute Decision Making ◽  
Multiple Attribute ◽  
Simple Additive Weighting

Tenaga Kependidikan merupakan anggota masyarakat yang mengabdikan diri dan diangkat untuk menunjang penyelenggaraan pendidikan. Decision Support Systems atau lebih dikenal dengan Sistem Pendukung Keputusan adalah bagian dari sebuah sistem informasi yang berbasis komputer termasuk sistem yang berbasis ilmu pengetahuan dan dipakai untuk mendukung pengambil  keputusan dalam suatu organisasi atau perusahaan. untuk memudahkan pimpinan dalam mengambil sebuah keputusan dibuatlah suatu sistem pengambil keputusan dengan menggunakan Fuzzy Multiple Attribute Decision Making  (FMADM) digunakan untuk mencari alternatif optimalkan dari sejumlah alternatif dengan kriteria tertentu, sedangkan metode Simple Additive Weighting (SAW). Metode SAW sering juga dikenal istilah metode penjumlahan terbobot. Konsep dasar metode SAW adalah mencari penjumlahan terbobot dari rating kinerja pada setiap alternatif dari semua atribut.

scholarly journals The Effect of Perceived Factors of Decision Support Systems on Actual Usage: Behavioral Intention of Using Decision Support Systems as a Mediating Variable: “An Empirical Study of Jordanian Higher Education Institutions”

2016 ◽  
Vol 12 (1) ◽  
pp. 201
Author(s):  
Bilal Mohammed Salem Al-Momani
Keyword(s):  
Higher Education ◽  
Decision Making ◽  
Decision Support ◽  
Information Systems ◽  
Decision Support Systems ◽  
Behavioral Intention ◽  
Support Systems ◽  
Higher Education Institutions ◽  
Quality Of Information

Decision support systems (DSS) are interactive computer-based systems that provide information, modeling, and manipulation of data. DSS are clearly knowledge-based information systems to capture, Processing and analysis of information affecting or aims to influence the decision making process, performed by people in scope professional job appointed by a user. Hence, this study describes briefly the key concepts of decision support systems such as perceived factors with a focus on quality  of information systems and quality of information variables, behavioral intention of using DSS, and actual DSS use by adopting and extending the technology acceptance model (TAM) of Davis (1989); and Davis, Bagozzi and Warshaw (1989).There are two main goals, which stimulate the study. The first goal is to combine Perceived DSS factors and behavioral intention to use DSS from both the social perspective and a technology perspective with regard to actual DSS usage, and an experimental test of relations provide strategic locations to organizations and providing indicators that should help them manage their DSS effectiveness. Managers face the dilemma in choosing and focusing on most important factors which contributing to the positive behavioral intention of use DSS by the decision makers, which, in turn, could contribute positively in the actual DSS usage by them and other users to effectively solve organizational problems. Hence, this study presents a model which should provide the useful tool for top management in the higher education institutions- in particular-to understand the factors that determine using behaviors for designing proactive interventions and to motivate the acceptance of TAM in order to use the DSS in a way that contributes to the higher education decision-making plan and IT policy.To accomplish or attain the above mentioned objectives, the researcher developed a research instrument (questionnaire) and distributed it amongst the higher education institutions in Jordan to collect data in order to empirically study hypothesis testing (related to the objectives of study). 341 questionnaires were returned from the study respondents. Data were analyzed by utilizing both SPSS (conducted descriptive analysis) and AMOS (conducting structural equation modelling).Findings of the study indicate that some hypotheses were supported while the others were not. Contributions of the study were presented. In addition, the researcher presented some recommendations. Finally, this study has identified opportunities for further study which has progressed greatly advanced understanding constantly of DSS usage, that can help formulate powerful strategies Involving differentiation between DSS perceived factors.

scholarly journals The optimization model of the logging machinery usage in forestry practice

2009 ◽  
Vol 57 (6) ◽  
pp. 105-112 ◽  
Author(s):  
Jitka Janová ◽  
M. Lindnerová
Keyword(s):  
Decision Making ◽  
Czech Republic ◽  
Decision Support ◽  
Decision Support Systems ◽  
Optimization Model ◽  
Support Systems ◽  
Decision Problems ◽  
Optimization Models ◽  
Ongoing Research ◽  
The Impact

The decision support systems commonly used in industry and economy managerial practice for optimizing the processes are based on algoritmization of the typical decision problems. In Czech forestry business, there is a lack of developed decision support systems, which could be easily used in daily practice. This stems from the fact, that the application of optimization methods is less successful in forestry decision making than in industry or economy due to inherent complexity of the forestry decision problems. There is worldwide ongoing research on optimization models applicable in forestry decision making, but the results are not globally applicable and moreover the cost of possibly arising software tools are indispensable. Especially small and medium forestry companies in Czech Republic can not afford such additional costs, although the results of optimization could positively in­fluen­ce not only the business itself but also the impact of forestry business on the environment. Hence there is a need for user friendly optimization models for forestry decision making in the area of Czech Republic, which could be easily solved in commonly available software, and whose results would be both, realistic and easily applicable in the daily decision making.The aim of this paper is to develop the optimization model for the machinery use planning in Czech logging firm in such a way, that the results can be obtained using MS EXCEL. The goal is to identify the integer number of particular machines which should be outsourced for the next period, when the total cost minimization is required. The linear programming model is designed covering the typical restrictions on available machinery and total volume of trees to be cut and transported. The model offers additional result in the form of optimal employment of particular machines. The solution procedure is described in detail and the results obtained are discussed with respect to its applicability in practical forestry decision making. The possibility of extension of suggested model by including additional requirements is mentioned and the example for the wood manipulation requirement is shown.

Mental Health Clinical Decision Support Exploiting Big Data

2019 ◽  
pp. 160-184 ◽  
Author(s):  
Jan Kalina
Keyword(s):  
Mental Health ◽  
Decision Making ◽  
Big Data ◽  
Decision Support ◽  
Decision Support Systems ◽  
Clinical Decision Support ◽  
Clinical Decision Making ◽  
Support Systems ◽  
Clinical Decision Support Systems ◽  
Clinical Decision

The complexity of clinical decision-making is immensely increasing with the advent of big data with a clinical relevance. Clinical decision systems represent useful e-health tools applicable to various tasks within the clinical decision-making process. This chapter is devoted to basic principles of clinical decision support systems and their benefits for healthcare and patient safety. Big data is crucial input for clinical decision support systems and is helpful in the task to find the diagnosis, prognosis, and therapy. Statistical challenges of analyzing big data in psychiatry are overviewed, with a particular interest for psychiatry. Various barriers preventing telemedicine tools from expanding to the field of mental health are discussed. The development of decision support systems is claimed here to play a key role in the development of information-based medicine, particularly in psychiatry. Information technology will be ultimately able to combine various information sources including big data to present and enforce a holistic information-based approach to psychiatric care.

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