Optimizing Decisional Process by Applying the Multi-Criteria Analysis

Flavia Fechete; Anișor  Nedelcu

doi:10.4028/www.scientific.net/AMM.657.926

Paper Titles

Contributions Regarding the Utilization of Neural Networks in SME's Management
p.906

Using Functional Requirements Formulation in Fault Tree Analysis Construction - A Way to Improve Product's Design
p.911

Results of Technology Foresight in the Surface Engineering Area
p.916

Improving Organizational Performance through the Use of the EFQM Excellence Model
p.921

Optimizing Decisional Process by Applying the Multi-Criteria Analysis
p.926

Validating Algorithms and Methods Destined for Information System Design Meant for the Business Environment Using Simulated Companies
p.931

Solutions in Limit Deviations for Optimum Dimensional Structures of Technological Processes of Machining
p.936

Noise and Vibration Pollution Reduction to a Mineral Aggregates Station through Rim Optimization in Order to Align at EU Legislation
p.941

Risks Assessment Applied to Manufacturing Processes - Case Study
p.946

HomeApplied Mechanics and MaterialsApplied Mechanics and Materials Vol. 657Optimizing Decisional Process by Applying the...

Optimizing Decisional Process by Applying the Multi-Criteria Analysis

Abstract:

The decision is the focus of management activity since it was in all its functions, and more integration within the company environment depends on the quality of the decision. At the same time, the quality of decision has an important influence on cost reduction, efficient use of funds, profit growth, etc. Through this paper a short presentation of a sugar factory was prepared, also a SWOT analysis which revealed the strengths and weaknesses of the company, as well as possible strategies that may apply. Analysis outcomes revealed the problems of the enterprise, so we could present a possible measure to improve the activity by applying a multi-criteria analysis procedures. The case study of multi criteria analysis is focused on a management decision for improving production activity of the sugar factory.

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Periodical:

Applied Mechanics and Materials (Volume 657)

Pages:

926-930

DOI:

https://doi.org/10.4028/www.scientific.net/AMM.657.926

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Online since:

October 2014

Authors:

Flavia Fechete*, Anișor Nedelcu

Keywords:

Alternative, Criteria, Decision, Management, Multi-Criteria Analysis, Optimization

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* - Corresponding Author

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