摘要:

This paper describes an application of the Analytic Hierarchy Process (AHP) to a capital rationing decision problem. The Istanbul Water and Sewerage Administration (IWSA) was granted a loan of $650 million offered by the World Bank to allocate among several water provision and waste water treatment projects. A project selection process solely based upon the benefit-cost analysis would not be sufficient to reflect the IWSA's social and political goals. Thus the AHP methodology is employed to express all quantifiable and non-quantifiable factors as a single model. Such a model provides the weights of the projects based upon the preferences and judgements of the IWSA managers. Then it becomes necessary to determine the multi-project schedule within the stated credit conditions over a 15-year planning horizon. To serve this purpose, a mixed integer linear model is formulated to provide the best project start up portfolio with a feasible credit outlay. Several IWSA managers participated both in the AHP stage of forming the hierarchical structure, assessing the matrix weights and in the mathematical modelling stage of determining project durations, cost and revenue figures. The solution presented to the IWSA management is approved to be implemented in their strategic course of action.

ISSN:0013-791X    

DOI:10.1080/00137919508903158

出版商:Taylor & Francis Group    

年代:1995

数据来源: Taylor

摘要:

A good business performance measurement system is a very effective tool to motivate and monitor employees of a company. Although interest in creating performance measurement models is widespread, a well-designed system is rare. To be successful in today's competitive environment, a good performance measurement systems should incorporate strategic success factors. The model proposed in this study uses a three-level hierarchical schema to combine financial and nonfinancial performance measures and emphasizes external as well as internal business performance measures. In comparison with previous methods, such a method is more likely to cover a broader set of measures that include operational as well as strategic control. A prototype based on the analytic hierarchical model can be applied to other business situations.

ISSN:0013-791X    

DOI:10.1080/00137919508903159

出版商:Taylor & Francis Group    

年代:1995

数据来源: Taylor

摘要:

Two algorithms are proposed to perform benefit/cost analysts in a fuzzy environment. The first algorithm considers the fuzzy measure of benefit to cost ratio to select the optimal alternative group under the available funds. The second algorithm considers the fuzzy measure of incremental benefit to incremental cost ratio to choose the optimal investment alternative from several mutually exclusive investment alternatives. By using these algorithms, the ambiguities involved in the assessment data can be effectively represented and processed to assure a more convincing and effective decision-making.

ISSN:0013-791X    

DOI:10.1080/00137919508903160

出版商:Taylor & Francis Group    

年代:1995

数据来源: Taylor

摘要:

Moon and Yun justified the optimality of solutions derived from the first order conditions in Kim, Philippatos and Chung. With that optimality of solutions, bounds for the optimal cycle time are derived. Then, using those bounds, a simple algorithm to compute the optimal cycle time is developed.

ISSN:0013-791X    

DOI:10.1080/00137919508903161

出版商:Taylor & Francis Group    

年代:1995

数据来源: Taylor

摘要:

In 1993, Moon and Yun studied the economic order quantity model with a random planning horizon. They adopted the discounted cash flow to fully recognize the time value of money in determining the optimal cycle length. In this paper, we first derive bounds for the optimal cycle length. With those bounds, the algorithm of Moon and Yun can be simplified.

ISSN:0013-791X    

DOI:10.1080/00137919508903162

出版商:Taylor & Francis Group    

年代:1995

数据来源: Taylor

ISSN:0013-791X    

DOI:10.1080/00137919508903163

出版商:Taylor & Francis Group    

年代:1995

数据来源: Taylor

ISSN:0013-791X    

DOI:10.1080/00137919508913044

出版商:Taylor & Francis Group    

年代:1995

数据来源: Taylor

ISSN:0013-791X    

DOI:10.1080/00137919508903164

出版商:Taylor & Francis Group    

年代:1995

数据来源: Taylor