SENSITIVITY CURVE OF DECISION-MAKING PROCESS OF THE COMPANY

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F25619161%3A_____%2F18%3AN0000050" target="_blank" >RIV/25619161:_____/18:N0000050 - isvavai.cz</a>

Výsledek na webu

<a href="https://acc-ern.tul.cz/archiv/PDF/ACC_2018_2_04.pdf" target="_blank" >https://acc-ern.tul.cz/archiv/PDF/ACC_2018_2_04.pdf</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.15240/tul/004/2018-2-004" target="_blank" >10.15240/tul/004/2018-2-004</a>

Jazyk výsledku

angličtina

Název v původním jazyce

SENSITIVITY CURVE OF DECISION-MAKING PROCESS OF THE COMPANY

Popis výsledku v původním jazyce

This article focuses on the issue of the sensitivity curve as an indicator of risk during decision-making process. The aim of this article is to present the measurement capabilities for sensitivity of the decision-making process within the issue of the use of quantitative methods in managerial decision making. The approach that is presented in the article uses the measurement of the sensitivity of the decision-making model to its input parameters. The whole decision-making process is a multiple-criterion and to determine a compromise variant there is Weighted Sum Approach (WSA) method used. This article uses the coefficient that determines the percentage change that is necessary to choose the second best option. In addition this approach is supported by formation of sensitivity curve. This curve represents the change in value of the output (using method WSA) when changing the selected input parameter of decision-making process. To build a sensitivity curve there is probabilistic simulation approach (Monte Carlo method) used.

Název v anglickém jazyce

SENSITIVITY CURVE OF DECISION-MAKING PROCESS OF THE COMPANY

Popis výsledku anglicky

This article focuses on the issue of the sensitivity curve as an indicator of risk during decision-making process. The aim of this article is to present the measurement capabilities for sensitivity of the decision-making process within the issue of the use of quantitative methods in managerial decision making. The approach that is presented in the article uses the measurement of the sensitivity of the decision-making model to its input parameters. The whole decision-making process is a multiple-criterion and to determine a compromise variant there is Weighted Sum Approach (WSA) method used. This article uses the coefficient that determines the percentage change that is necessary to choose the second best option. In addition this approach is supported by formation of sensitivity curve. This curve represents the change in value of the output (using method WSA) when changing the selected input parameter of decision-making process. To build a sensitivity curve there is probabilistic simulation approach (Monte Carlo method) used.

Druh

J_ost - Ostatní články v recenzovaných periodicích

CEP obor

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OECD FORD obor

50204 - Business and management

Projekt

—

Návaznosti

N - Vyzkumna aktivita podporovana z neverejnych zdroju

Rok uplatnění

2018

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

ACC JOURNAL

ISSN

1803-9782

e-ISSN

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Svazek periodika

24/2018

Číslo periodika v rámci svazku

2

Stát vydavatele periodika

CZ - Česká republika

Počet stran výsledku

7

Strana od-do

40-46

Kód UT WoS článku

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EID výsledku v databázi Scopus

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