Group Decision Making as a Pedagogical Strategy

Assessment of distance-based multi-attribute group decision-making methods from a maintenance strategy perspective

Maintenance has been acknowledged by industrial management as a significant influencing factor of plant performance. Effective plant maintenance can be realized by developing a proper maintenance strategy. However, selecting an appropriate maintenance strategy is difficult because maintenance is a non-repetitive task such as production activity. Maintenance also does not leave a consistent trac...

Fuzzy Rationality as a Basis for Group Decision Making

This paper deals with the group decision making problem, assuming that each individual defines his/her opinion through fuzzy binary preference relations, in parallel to the classical approach due to Prof. Arrow. In particular, it is postulated that the main reason for the discouraging impossibility theorems is neither in the domain of admissible preferences or in the concept of solution (Social...

Simulation as a pedagogical tool for managerial decision-making in a transition economy

Group Decision Making

Authors’ Notes This chapter was written with the support of grants from the National Science Foundation to the first (SBR-9730822) and third (BCS-9905397) authors. Support to the second author was provided by the Grantin-Aid for Scientific Research 11610096 from the Ministry of Education, Culture, Sports, Science and Technology of Japan. The chapter was completed while the third author held a N...

BPR Implementation: A Decision-Making Strategy

To support the efficient appraisal and selection of available best practices, this paper proposes a strategy for the implementation of Business Process Redesign (BPR). Its backbone is formed by the analytical hierarchy process (AHP) multi-criteria method and our earlier research on the popularity and impact of redesign best practices. Using (AHP) we derive a classification of most suitable best...