kind of psychology. By the decision making process we will get a final choice. There are a lot different decision-making methods published and widely used, such as weighted-point method, matrix approach, vendor performance matrix approach, vendor profile analysis (VPA), analytic hierarchy process (AHP), and multiple objective programming (MOP) Here followed is a short introduction of two different decision-making methods: the Analytic Hierarchy Process and the Multi-Attribute Utility theory. When
user every day. There are around fifty oil and gas companies located in Thailand and ten out of fifty are ABC Company’s customer. The ABC Company is one of the leading trading, stockist, sole distributor and engineering company who supply industrial process equipment of piping materials for instance pipeline, flanges and fitting. The company was established in May, 1998 with 100% Thai shareholder. The company caters the materials and supply to oil and gas industry in order to construct and maintenance
Technology transfer process is not just limited with purchase and sale. It consists of multifaced stages. Technology transfer process is a process that consists of researching technological developments in the world, choosing an appropriate technology for a business, planning transfer methods and monitoring the technology and improvement.(Austin 1990). Technology transfer operation has three main steps which are pre-installation, installation and post commisioning. (Small and Yasin, 2003). Pre-installation
time and in a very large scale. Reasons to Explore Big Data with Social Media Analytics 1. Social Media Analytics and Volume. Social Media contribute huge volume of data. There is a high rate of unstructured data streaming and increase of sensor and machine-to-machine data being collected. Correct use of Social Media Analytics could help create significant meaning with the relevant data. 2. Social Media Analytics and Velocity. Data from Social Media is streaming at exceptional speed that must
Analytical Hierarchy Process Because people choose these three elements: importance, preference and likelihood to evaluate all the possible alternatives to a decision which sometimes is not consistent with every decision situation, the concept of Analytical Hierarchy Process (AHP) was developed by Dr. Thomas Saaty. Dr. Saaty described the AHP as a decision making approach based on the "innate human ability to make sound judgments about small problems" AHP transforms complex decision problems
banking Measurement: it is a program that develops a hierarchy of performance metrics and helps the banks to benchmark to inform the top management about progress towards enterprise objective. Analytics: it is program that builds quantitative processes for an enterprise to arrive at optimal decision and hence able to perform business Knowledge Discovery. It frequently involves data mining, predictive analytics, statistical analysis, business process modeling and predictive modeling (Yarong & Ling, 2006
utility management, property management, repairs and maintenance, safety and compliance, security of the physical assets. It delivers the service by integrating people, process, and technology with the place. Facilities Management professionals serve a wide range of industries including Corporate offices, factories and process plants, high rise buildings, educational institutions,
about whether a priori justification can be defeated by other evidence, especially by empirical evidence, and a variety of views about whether a priori justification, or knowledge, must be only of necessary, or analytic, propositions, or at least of ones believed to be necessary or analytic (Russell, 2011). A priori knowledge of innate virtue is derived by means other than through experience. Plato’s Theory of Recollection was devised to give validity to Socrates presumption of virtue being an innate
1. Introduction: Searce Logistics Analytics LLP. is a business process improvement company, established in the year 2004, additionally providing global IT services and cloud solutions. Its head office is located at Pune in India and also operates at Rajkot (India) and Houston (Texas). It partnered with HCL Technologies, and provides back hand support to their client CEVA Logistics. The company recently got the new project of Asia Pacific and is currently managing US project. The company co creates
Quantified Self: A catalyst for self-improvement Evaluating the augmented process of reflective learning Technology Background The Quantified Self (QS) is a movement to incorporate technology into data acquisition on aspects of a person's daily life. Using this information, the user is able to reflect on their experience and make informed decisions about their lifestyle. Process Break Down (NIke Fuelband example) In data collection, we observe the use of software and hardware, like in Nike’s fuelband
Human beings are susceptible to the force of nature. They had to make shelter for themselves. Material was one of the most basic tools to create shelter. By development of building construction, selection and use of materials also developed. The relationship between the architecture and the materials before invention of modern materials was simple and generally naturally [1]; in the past, architects always use tradition materials according their experimental skills. For choosing structural materials
- Google Case - - Buse Asnuk (070140512) - Mustafa Genc (070140508) 1. What is chaos theory? According to Wendy H. Mason(referenceforbusiness.com), “Chaos theory is a scientific principle describing the unpredictability of the systems. This theory was explored and recognized during the mid-to-late 1980. Its premise is that systems sometimes reside in chaos, generating energy, demand etc. without any predictability or direction. These complex systems may be weather patterns, ecosystems
Customer Service in retail store TOPIC –1 CUSTOMER EXPECTATION AND PERCEPTION IN ORGANISED RETAIL SECTOR.Name of the author – Dharmesh Motwani.Year - 2012 – 13, Volume – 2.ISSN 2277-1166.Page – 145. Observation – In this competitive world, retailers needs to ensure that quality services are delivered to retain the customers and improve the services as per the customer convenience, accordingly strategy must be developed. To attract more customer retail sector must be well organized as there is
They refer to active coping and define it as “the process of taking active steps to try to remove or circumvent the stressor or to ameliorate its effects”, it further involves taking direct action and can be compared to Lazarus’s problem focussed coping strategy but with “additional distinctions” which include:
processing to high-end analytics, including both voice- and non-voice- [emails, letters, faxes] based processes. The process which I work for is that of Private Label Credit Cards. It is a customer care helpline unit. It is a U.K. based process. My profile includes extensive customer account management, query management services and online service support specifically designed for different types of credit card and store cards. I have to answer customer queries as well as process and update account
mergers, and restructure, it has a 76 year history in its Pascagoula, MS shipyard and a 129 year history at its New Port News, VA location. However, Ingalls did not become the leader in shipbuilding overnight. Ingalls, at Pascagoula, has a structured hierarchy of administration, focused on learning, which leads to mastery of Drucker’s eight objectives. Ingalls Shipbuilding in Pascagoula, MS functions as a bureaucratic administration. After a phone interview
the cognitive process resulting in the selection of a belief or a course of action among several alternative possibilities. Every decision-making process produces a final choice, which may or may not prompt action. Decision-making is the process of identifying and choosing alternatives based on the values and preferences of the decision-maker. Decision-making can be regarded as a problem-solving activity terminated by a solution deemed to be satisfactory. It is therefore a process which can be more
Risks in Highway Projects Infrastructure and specifically transportation projects are complex endeavors and risk assessment for them is a complicated process. Risks are often interrelated or correlated to each other and occurrence of some might cause other risks to occur. For example, technical risk usually carries cost and schedule consequences. Schedule risks typically impact cost escalation and project overhead. Consequently, likelihood of a risk’s occurrence and its impact on the scope of a specific
successful or not for analytics purposes.
attracted to and will perform their work in a better way. Motivation is basically the willingness to exert high levels of effort to mainly reach out to the organizational goals, in linked to satisfy one’s need and then moving ahead. Motivation Process- The process is very long and step by step and it starts very systematically keeping in mind all the factors of it. Like that of starting with- Unsatisfied need Tension Drives Search behavior Satisfied need Reduction of tension Even there are different