567 research outputs found

    Multi-Factor Policy Evaluation and Selection in the One-Sample Situation

    Get PDF
    Firms nowadays need to make decisions with fast information obsolesce. In this paper I deal with one class of decision problems in this situation, called the “one-sample” problems: we have finite options and one sample of the multiple criteria with which we use to evaluate those options. I develop evaluation procedures based on bootstrapping DEA (Data Envelopment Envelopment) and the related decision-making methods. This paper improves the bootstrap procedure proposed by Simar and Wilson (1998) and shows how to exploit information from bootstrap outputs for decision-making

    Grabbing the Air Force by the Tail: Applying Strategic Cost Analytics to Understand and Manage Indirect Cost Behavior

    Get PDF
    Recent and projected reductions in defense spending are forcing the military services to develop systematic approaches to identify cost reduction opportunities and better manage financial resources. In response, the Air Force along with her sister services are developing strategic approaches to reduce front-line mission resources, commonly referred to as the Tooth . However, an underemphasized contributing source of costs are mission support activities, commonly referred to as the Tail . With the tail historically representing a sizable portion of the annual Air Force budget, strategically managing cost behavior of these indirect activities has the opportunity to generate significant cost reductions. However, very little applied or academic research have focused on advancing the knowledge behind the economics of, or the analytic techniques applied to, these activities for cost management purposes. To address this concern, this dissertation investigates i) how organizations use analytic methodologies and data sources to understand and manage cost behavior, ii) how to identify underlying cost curves of concern across tail activities, iii) how to distinguish historical relationships between the tooth and tail, iv) how to improve the performance assessment of tail activities for improved resource allocation, and v) how to provide a decision support tool for tooth-to-tail policy impact analysis

    A contribution to supply chain design under uncertainty

    Get PDF
    Dans le contexte actuel des chaînes logistiques, des processus d'affaires complexes et des partenaires étendus, plusieurs facteurs peuvent augmenter les chances de perturbations dans les chaînes logistiques, telles que les pertes de clients en raison de l'intensification de la concurrence, la pénurie de l'offre en raison de l'incertitude des approvisionnements, la gestion d'un grand nombre de partenaires, les défaillances et les pannes imprévisibles, etc. Prévoir et répondre aux changements qui touchent les chaînes logistiques exigent parfois de composer avec des incertitudes et des informations incomplètes. Chaque entité de la chaîne doit être choisie de façon efficace afin de réduire autant que possible les facteurs de perturbations. Configurer des chaînes logistiques efficientes peut garantir la continuité des activités de la chaîne en dépit de la présence d'événements perturbateurs. L'objectif principal de cette thèse est la conception de chaînes logistiques qui résistent aux perturbations par le biais de modèles de sélection d'acteurs fiables. Les modèles proposés permettent de réduire la vulnérabilité aux perturbations qui peuvent aV, oir un impact sur la continuité des opérations des entités de la chaîne, soient les fournisseurs, les sites de production et les sites de distribution. Le manuscrit de cette thèse s'articule autour de trois principaux chapitres: 1 - Construction d'un modèle multi-objectifs de sélection d'acteurs fiables pour la conception de chaînes logistiques en mesure de résister aux perturbations. 2 - Examen des différents concepts et des types de risques liés aux chaînes logistiques ainsi qu'une présentation d'une approche pour quantifier le risque. 3 - Développement d'un modèle d'optimisation de la fiabilité afin de réduire la vulnérabilité aux perturbations des chaînes logistiques sous l'incertitude de la sollicitation et de l'offre

    Sustainable Assessment in Supply Chain and Infrastructure Management

    Get PDF
    In the competitive business environment or public domain, the sustainability assessment in supply chain and infrastructure management are important for any organization. Organizations are currently striving to improve their sustainable strategies through preparedness, response, and recovery because of increasing competitiveness, community, and regulatory pressure. Thus, it is necessary to develop a meaningful and more focused understanding of sustainability in supply chain management and infrastructure management practices. In the context of a supply chain, sustainability implies that companies identify, assess, and manage impacts and risks in all the echelons of the supply chain, considering downstream and upstream activities. Similarly, the sustainable infrastructure management indicates the ability of infrastructure to meet the requirements of the present without sacrificing the ability of future generations to address their needs. The complexities regarding sustainable supply chain and infrastructure management have driven managers and professionals to seek different solutions. This Special Issue aims to provide readers with the most recent research results on the aforementioned subjects. In addition, it offers some solutions and also raises some questions for further research and development toward sustainable supply chain and infrastructure management

    Supplier evaluation and selection in fuzzy environments: a review of MADM approaches

    Get PDF
    In past years, the multi-attribute decision-making (MADM) approaches have been extensively applied by researchers to the supplier evaluation and selection problem. Many of these studies were performed in an uncertain environment described by fuzzy sets. This study provides a review of applications of MADM approaches for evaluation and selection of suppliers in a fuzzy environment. To this aim, a total of 339 publications were examined, including papers in peer-reviewed journals and reputable conferences and also some book chapters over the period of 2001 to 2016. These publications were extracted from many online databases and classified in some categories and subcategories according to the MADM approaches, and then they were analysed based on the frequency of approaches, number of citations, year of publication, country of origin and publishing journals. The results of this study show that the AHP and TOPSIS methods are the most popular approaches. Moreover, China and Taiwan are the top countries in terms of number of publications and number of citations, respectively. The top three journals with highest number of publications were: Expert Systems with Applications, International Journal of Production Research and The International Journal of Advanced Manufacturing Technology

    Performance Evaluation of Public Transport Networks and Its Optimal Strategies Under Uncertainty

    Get PDF
    The study introduces a novel framework to enhance public transportation performance in uncertain situations, incorporating multi-aspiration-level goal programming and Monte Carlo simulation to manage uncertainty. The process involves creating a public transport criteria matrix using an analytic hierarchy process and optimizing the network based on weight results. Three Australian case studies are used to validate the proposed methodology

    Efficiency in BRICS banking under data vagueness:a two-stage fuzzy approach

    Get PDF
    This study analyzes the efficiency levels of the banking industry in the BRICS countries (Brazil, Russia, India, China, and South Africa) from 2010 to 2014, using an integrated two-stage fuzzy approach. Very often the reliability of data collected from BRICS is questionable. In this research, we first use fuzzy TOPSIS to capture vagueness in the relative efficiency of BRICS banking over time. In the second stage, we adopt fuzzy regressions based on different rule-based systems to enhance the power of significant socioeconomic, regulatory, and demographic variables to predict banking efficiency. These variables are previously identified by using bootstrapped truncated regressions with conditional α-levels, as proposed by Wanke, Barros, and Emrouznejad (2015a). The results reveal that efficiency in the banking industry is positively associated with country gross savings and the GINI index ratio, but negatively associated with relatively high inflation ratios. Fuzzy regressions proved far more accurate than bootstrapped truncated regressions with conditional α-levels. We derive policy implications

    An Investigation into Factors Affecting the Chilled Food Industry

    Get PDF
    With the advent of Industry 4.0, many new approaches towards process monitoring, benchmarking and traceability are becoming available, and these techniques have the potential to radically transform the agri-food sector. In particular, the chilled food supply chain (CFSC) contains a number of unique challenges by virtue of it being thought of as a temperature controlled supply chain. Therefore, once the key issues affecting the CFSC have been identified, algorithms can be proposed, which would allow realistic thresholds to be established for managing these problems on the micro, meso and macro scales. Hence, a study is required into factors affecting the CFSC within the scope of Industry 4.0. The study itself has been broken down into four main topics: identifying the key issues within the CFSC; implementing a philosophy of continuous improvement within the CFSC; identifying uncertainty within the CFSC; improving and measuring the performance of the supply chain. However, as a consequence of this study two further topics were added: a discussion of some of the issues surrounding information sharing between retailers and suppliers; some of the wider issues affecting food losses and wastage (FLW) on the micro, meso and macro scales. A hybrid algorithm is developed, which incorporates the analytic hierarchical process (AHP) for qualitative issues and data envelopment analysis (DEA) for quantitative issues. The hybrid algorithm itself is a development of the internal auditing algorithm proposed by Sueyoshi et al (2009), which in turn was developed following corporate scandals such as Tyco, Enron, and WorldCom, which have led to a decline in public trust. However, the advantage of the proposed solution is that all of the key issues within the CFSC identified can be managed from a single computer terminal, whilst the risk of food contamination such as the 2013 horsemeat scandal can be avoided via improved traceability
    corecore