Interactive decision system in stochastic multiobjective portfolio selection

Article Abstract:

An interactive method for choosing a preferred portfolio under uncertainty is proposed, using new investor models which were extended to the case with scenarios to deal with the uncertainty with respect to the mean and the variance of portfolio return. An algorithm for selecting a preferred portfolio from among a set of efficient portfolios and 'inverse efficient portfolios' is presented. The effectiveness of the proposed interactive system is demonstrated using numerical examples.

Prepackaged software, Methods, Multiple criteria decision making, Evaluation, Portfolio management, Business management software, Investments, Information management software

---

Design of a decision support system for overseas plant location in the EC

Article Abstract:

A decision support system for Japanese plant location in the EC features country selection and site selection as the two major stages in the decision making process. The model integrated Japanese firms that had actual affiliates in the region and considered various location factors for foreign direct investment. Logistics variables such as materials and market proximity were defined as vital factors.

Industrial locations, Industrial location

---

A knowledge-based decision support system for cost estimation and pricing decisions in versatile manufacturing companies

Article Abstract:

A knowledge-based decision support system (DSS) proves to be helpful among companies engaged in versatile manufacturing. The DSS is shown to enhance managers and engineers' skills in dealing with customer inquiries of versatile manufacturing firms. Evaluation of DSS' effectivity was made through the use of past decisions made by cost estimators in dealing with difficult customer inquiries.

Pricing Policy, Cost Accounting, Management, Manufacturing industry, Manufacturing industries, Pricing

Similar abstracts:

• Abstracts: Using the Interactive Financial Planning System (IFPS) for Stochastic Simulation. On the Equivalence of DYNAMO and a Financial Planning Language
• Abstracts: A common sense approach to corrective action systems. A perfect corrective action. Closed-loop corrective action
• Abstracts: Information technology/information systems in 21st century manufacturing. Document-centered information systems to support reactive problem-solving in manufacturing
• Abstracts: An optimal worker allocation problem for a U-shaped production line. Batch-model assembly line balancing: a multiattribute decision making approach
• Abstracts: Biomechanical study on the postures in manual lifting tasks using cusp surface analysis. An extension of Rahim and Banerjee's model for a process with upper and lower specification limits

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.