scholarly journals Use of Multivariable Decision Methods in Decision of Retail Organizations

TEM Journal ◽  
2021 ◽  
pp. 1992-2000
Author(s):  
Eva Manová ◽  
Janka Kopčáková ◽  
Lenka Štofová ◽  
Jana Simonidesová ◽  
Katarína Čulková
Keyword(s):  
Topsis Method ◽  
Managerial Decisions ◽  
Decision Methods ◽  
Retail Organizations

The contribution is orientated to the extended well-known methods of multivariable decisions with a closer specification of Saaty and TOPSIS method. The goal of the contribution is to evaluate the performance of individual operations in the chosen company from eastern Slovakia. According to the results there is obvious several operations in smaller towns, and better results are achieved in comparing with bigger towns, since the bigger towns have higher density of population. Obtained facts can be useful during managerial decisions at the increasing of demands on several bigger operations, with a goal to intensify the performance of the operations in bigger towns.

scholarly journals Improving managerial decisions in health care sector: application of Promethee II method I n public hospitals

2020 ◽  
Vol 30 (4) ◽  
Author(s):  
Katarzyna Miszczyńska
Keyword(s):  
Public Hospitals ◽  
Topsis Method ◽  
High Similarity ◽  
Return On Assets ◽  
Return On Equity ◽  
Promethee Ii ◽  
Managerial Decisions ◽  
Total Profit ◽  
Fund Return ◽  
Financial Aspect

Many hospital rankings are based on algorithms and weights elicited by experts. The paper attempts to build rankings of Polish poviat hospitals using TOPSIS method and to examine the sensitivity of the results to the changes in weights. We considered 11 large and 34 medium-sized hospitals. The criteria set consists of man-days total, profit/loss on sales, contract with the National Health Fund, return on assets (ROA) and return on equity (ROE). Because of this, rankings take into account different spheres in which hospitals perform, including the financial aspect and their main goal, i.e. treating patients. The results show that despite the overall high similarity of rankings, the benchmarking based on rankings should be done with care as the positions of some individual hospitals changed to the great degree.

scholarly journals Application of hierarchical method and fuzzy AHP-TOPSIS method for multi-criteria decision making in financing

2021 ◽  
Vol 1 (4) ◽  
pp. 307-317
Author(s):  
Elham Soleimani ◽  
◽  
Mohaddeseh Dehyadegari ◽  
Hassan Zarei Gerami ◽  
◽  
...  
Keyword(s):  
Delphi Method ◽  
Foreign Capital ◽  
Fuzzy Ahp ◽  
Technical Equipment ◽  
Analysis Method ◽  
Topsis Method ◽  
Fuzzy Delphi ◽  
Decision Methods ◽  
The Right ◽  
The Impact

Purpose: One way to make more profit in different companies is to choose the right method of financing. While the impact of financial structure on the economic structure is so important that today they believe that economic growth cannot be achieved without an efficient financial sector. The method of financing is financial. At first, in this study, the fuzzy Delphi method (Delphi) has been used in order to identify the factors and criteria of supply. Research methodology: The absorption of foreign capital has been identified as a method of financing. For this purpose, in this research, AHP hierarchical analysis method is used. Results: In this article, the application of fuzzy AHP - TOPSIS method for the problem of financing is investigated. The process of managing financial resources is one of the reasons for allocating its technical equipment to various applications in this company. Limitations: However, the results of our studies show that although a set of known values in this company, the financing process may not adhere strongly to these values. Emphasis on evaluation aspects - changes in various areas that indicate local values may also affect the supply trend. Contribution: Multi-criteria decision methods are useful in that they provide a basis for analyzing and transforming complex and complex problems into simpler ones; In that framework, the planner can easily evaluate the options with the help of criteria and sub-criteria. Using these methods can help a lot in choosing the best available solution. Other advantages of these methods include flexibility, simplicity of calculations and the possibility of the final ranking of options.

Air Quality Assessment through a Multi Criteria Decision Method

2018 ◽  
Vol 27 ◽  
pp. 188-192 ◽  
Author(s):  
Luminita Grecu
Keyword(s):  
Environmental Management ◽  
Air Quality ◽  
Quality Assessment ◽  
Environmental Quality ◽  
Human Life ◽  
Topsis Method ◽  
High Importance ◽  
Decision Method ◽  
Air Quality Assessment ◽  
Decision Methods

Starting from the high importance of problems regarding environmental quality and their impact on human life, we present in this paper some aspects about how we can use multi-criteria decision methods for solving environmental management problems. This paper focuses on applying one of these methods, namely TOPSIS method, for air quality assessment in a region, in order to rank different periods of time as regarding the concurrent action of the main pollutants that exist. Analyzing air quality evolution in a region can help establishing if the decisions regarding this aspect are in a favorable trend or some changes need to be made.

Financial Results and Their Validity

2010 ◽  
pp. 90-100
Author(s):  
I. Eliseeva ◽  
Ya. Sokolov
Keyword(s):  
Managerial Decisions

The article deals with discrepancies between theoretical accounts of the firms financial results and methods of their estimation. Various ways of calculating financial results lead to different, though logically equivalent, conclusions. The authors consider three forms of profit which may relate to each other in various ways. The ratios of financial results calculated on different grounds should be taken into account while making managerial decisions, primarily investment ones.

Applying the Multi-Criteria Decision Making Model for Ranking Commercial Banks: The Case of Vietnam

2019 ◽  
pp. 125-133
Author(s):  
Duong Truong Thi Thuy ◽  
Anh Pham Thi Hoang
Keyword(s):  
Decision Making ◽  
Commercial Banks ◽  
Decision Model ◽  
Business Models ◽  
Multi Criteria Decision Making ◽  
Ideal Solution ◽  
Topsis Method ◽  
Decision Making Model

Banking has always played an important role in the economy because of its effects on individuals as well as on the economy. In the process of renovation and modernization of the country, the system of commercial banks has changed dramatically. Business models and services have become more diversified. Therefore, the performance of commercial banks is always attracting the attention of managers, supervisors, banks and customers. Bank ranking can be viewed as a multi-criteria decision model. This article uses the technique for order of preference by similarity to ideal solution (TOPSIS) method to rank some commercial banks in Vietnam.

SMART and TOPSIS Method For Determining The Priority Of Screen Printing

SinkrOn ◽  
2020 ◽  
Vol 4 (2) ◽  
pp. 151
Author(s):  
Rinaldi Setiawan ◽  
Arini Arini ◽  
Luh Kesuma Wardhani
Keyword(s):  
Decision Support ◽  
Programming Language ◽  
Screen Printing ◽  
Small And Medium Enterprises ◽  
Topsis Method ◽  
Product Selection ◽  
Final Value ◽  
Combination Of Methods ◽  
Medium Enterprises ◽  
Research Criteria

The number of micro, small and medium enterprises (MSMEs) in the field of screen printing and convection that use websites in marketing is one of them CV. Ini Sablon. but in the production process there are obstacles in working on orders that come to be done first in accordance with predetermined criteria, namely deadlines, number of orders, design, profit, and availability of goods. The use of Decision Support System (DSS) aims to provide recommendations to owners of screen printing companies. This study uses the SMART method to weight the criteria and the TOPSIS method for product selection. This system is built using the PHP programming language and MySQL database. The results of the study were a screen printing production priority website with the best final value of 0.62 and the worst final value of 0.35 with the level of accuracy between manual and system calculations reaching 100%. In this study the criteria cannot be updated, it is expected that further research criteria can be updated and use a combination of methods that have not been done.

DECISION-MAKING ON INVESTMENT OF IT-INNOVATION BASED ON FUZZY EXPERT INFORMATION

2018 ◽  
pp. 103-111
Author(s):  
Olga Olegovna Eremenko ◽  
Lyubov Borisovna Aminul ◽  
Elena Vitalievna Chertina
Keyword(s):  
Decision Making ◽  
Individual Characteristics ◽  
Production Model ◽  
Investment Management ◽  
It Projects ◽  
Product Model ◽  
Project Cost ◽  
Reasoning System ◽  
Managerial Decisions ◽  
The Individual

The subject of the research is the process of making managerial decisions for innovative IT projects investing. The paper focuses on the new approach to decision making on investing innovative IT projects using expert survey in a fuzzy reasoning system. As input information, expert estimates of projects have been aggregated into six indicators having a linguistic description of the individual characteristics of the project type "high", "medium", and "low". The task of decision making investing has been formalized and the term-set of the output variable Des has been defined: to invest 50-75% of the project cost; to invest 20-50% of the project cost; to invest 10-20% of the project cost; to send the project for revision; to turn down investing project. The fuzzy product model of making investment management decisions has been developed; it adequately describes the process of investment management. The expediency of using constructed production model on a practical example is shown.

Does the Brand Equity of a Retail Store Mediate the Relationship between Store Choice and Store Loyalty?

GIS Business ◽  
2020 ◽  
Vol 14 (6) ◽  
pp. 1050-1061
Author(s):  
Sathish, ◽  
Rajendra Kumbharjuvenkar
Keyword(s):  
Brand Equity ◽  
Developing Nations ◽  
Retail Store ◽  
Consumption Patterns ◽  
Disposable Income ◽  
Retail Industry ◽  
Store Loyalty ◽  
Store Choice ◽  
Retail Organizations ◽  
The Relationship

The retail industry is changing worldwide, especially in developing nations. This retail transformation is a result of changing lifestyles, increased disposable income, growing brand consciousness and changing consumption patterns of consumers. In the process of meeting these growing expectations of consumers, there are noteworthy initiatives adopted by retail organizations. Brand equity of a retail store is seen as a major factor influencing buying decisions and repurchases intent of consumers’ world over.

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