Models to Aid Decision Making in Enterprises

Suman Roychoudhury, Asha Rajbhoj, Vinay Kulkarni, Deepali Kholkar

Abstract

Enterprises are complex heterogeneous entities consisting of multiple stakeholders with each performing a particular role to meet the desired overall objective. With increased dynamics that enterprises are witnessing, it is becoming progressively difficult to maintain synchrony within the enterprise for it to function effectively. Current practice is to rely on human expertise which is time-, cost-, and effort-wise expensive and also lacks in certainty. Use of machine-manipulable models that can aid in pro-active decision-making could be an alternative. In this paper, we describe such a prescriptive decision making facility that makes use of different modeling techniques and illustrate the same with an industrial case study.

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Paper Citation


in Harvard Style

Roychoudhury S., Rajbhoj A., Kulkarni V. and Kholkar D. (2014). Models to Aid Decision Making in Enterprises . In Proceedings of the 16th International Conference on Enterprise Information Systems - Volume 3: ICEIS, ISBN 978-989-758-029-1, pages 465-471. DOI: 10.5220/0004966504650471


in Bibtex Style

@conference{iceis14,
author={Suman Roychoudhury and Asha Rajbhoj and Vinay Kulkarni and Deepali Kholkar},
title={Models to Aid Decision Making in Enterprises},
booktitle={Proceedings of the 16th International Conference on Enterprise Information Systems - Volume 3: ICEIS,},
year={2014},
pages={465-471},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0004966504650471},
isbn={978-989-758-029-1},
}


in EndNote Style

TY - CONF
JO - Proceedings of the 16th International Conference on Enterprise Information Systems - Volume 3: ICEIS,
TI - Models to Aid Decision Making in Enterprises
SN - 978-989-758-029-1
AU - Roychoudhury S.
AU - Rajbhoj A.
AU - Kulkarni V.
AU - Kholkar D.
PY - 2014
SP - 465
EP - 471
DO - 10.5220/0004966504650471