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Decision Analytics is a peer-reviewed open access journal published under the brand SpringerOpen. Decision Analytics promotes the applications of computer technology, operations research, statistics…
Stop Making Decisions That Waste Time and Money Many managers rely on gut instinct to make important decisions, which often leads to poor results. On the contrary, when managers insist on incorporating…
A Proven Process to Meet Your Decision Needs Management leaders have a universal need to allocate time, people, and money to the “best” set of project investments. Executive teams must continually…
On Tuesday, June 17th, a cross-cultural management seminar, jointly organized by the Organization Sciences department and DUJAT (Dutch-Japanese Trade Federation), was held at VU University. The…
Managers are a part of every organization, no matter how large or small. Managers are responsible for formulating strategy, directing and controlling operations, and organizing resources to accomplish…
There are two types of partnership businesses: general partnerships and limited partnerships. General partners have authority to enter into contracts with third parties and make other business…
I am often asked about the difference between decision support systems and decision management systems. This is an interesting topic and one that is central to the value proposition of decision…
I. Goods and service design. According to Henzer (2004), design of goods and design defines much of the transformation process. The factors of cost, quality and human resources must be made during…
Cash management is the process of maximizing the liquid assets through the acceleration of receivables and the disciplined control of disbursements. The amount of cash to be held can be determined…
A rational decision making model provides a structured and sequenced approach to decision making. Using such an approach can help to ensure discipline and consistency is built into your decision…
Management thrives on the rationality of decisions and here is where it is important for the Project manager to have a process which enables him and his team decide rationally about different…
Figure 1. A generic knowledge discovery process. Figure 2. The concept of eMaintenance Cloud. Figure 3. Fact-based maintenance decision-making. Establishment of knowledge discovery mechanisms…
Important Management Movements: Administrative and Scientific Management Movement The Behavioral Management Movement The Contemporary Movement The Entrepreneurial Movement Administrative and…
The FASB hopes that the feedback from private company stakeholders, including preparers of private company financial statements and large and small accounting firms, will be beneficial to the…
Synectics for Management Decisions, Inc. (Synectics) provides a full range of information technology (IT) services to an expanding customer base. Our focus is in four business areas: survey…