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Selection of supply chain partners is an important decision involving multiple criteria and risk factors. This paper proposes a fuzzy multi-objective programming model to decide on supplier selection taking risk factors into consideration. We model a supply chain consisting of three levels and...
Persistent link: https://www.econbiz.de/10005023427
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This paper proposes a risk scoring model to assess the performance of 27 US companies listed online by applying Data Envelopment Analysis (DEA) and comparing with the traditional financial measure Return on Equity (ROE). The DEA evaluation process involves two processes: (1) computation of...
Persistent link: https://www.econbiz.de/10004971651
Information technology (IT) involve a wide set of risks. Enterprise information systems are a major developing form of information technology involving their own set of risks, thus creating potential blind spots. This paper describes risk management issues involved in enterprise resource...
Persistent link: https://www.econbiz.de/10008852561
Risks are traditionally defined as the combination of probability and severity, but are actually characterized by additional factors. We believe the characteristics of risks include uncertainties, dynamics, dependence, clusterings and complexities, which motivate the utilization of various...
Persistent link: https://www.econbiz.de/10008852565
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In a multi-attribute decision-making (MADM) context, the decision maker needs to provide his preferences over a set of decision alternatives and constructs a preference relation and then use the derived priority vector of the preference to rank various alternatives. This paper proposes an...
Persistent link: https://www.econbiz.de/10005240220
It is well-known that some cognitive factors such as opportunity perception and risk perception influence entrepreneurial risk-based decision-making (RBDM). This paper proposes some rules of entrepreneur's risk decision-learning to address this RBDM taking cognitive factors into consideration....
Persistent link: https://www.econbiz.de/10009292656
When bundling products during the product planning stage, there are a number of possible combinations that can be offered to customers. Consider a firm that offers N distinctive products, then there are 2N-(N+1) possible bundling combinations. Now, if we wish to make pricing and bundle selection...
Persistent link: https://www.econbiz.de/10009292661