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Publication detail
VIDECKÁ, Z.
Original Title
Using od Advanced Decision Tools for Operational Management
Type
conference paper
Language
English
Original Abstract
Today`s companies collect a large amount of operational data relating to all kinds of activities. This data holds and hides the experience of company`s history. The impact of “flood of data" perform unsafe situation. If management use these data and don`t discover mutual relationship of these data it can lead to wrong decision. If right decision tools doesn`t exist in the frame of companies very often is decision based on the past experience of managers. It can lead to wrong decision if situation on the decision area is changed. Properly analyse of data can have significant effect on a company`s performance and profitability. This paper describes possibility of using advanced decision tools in day-to-day decision managers.
Keywords
Simulation, data mining, ERP, Business Process Reengineering
Authors
RIV year
2014
Released
3. 9. 2014
Publisher
Bulgarian Academy of Sciences
Location
Bulgaria
ISBN
978-619-7105-28-5
Book
International Multidisciplinary Scientific Conferences on Social Science & Arts
Pages from
867
Pages to
874
Pages count
8
BibTex
@inproceedings{BUT109861, author="Zdeňka {Videcká}", title="Using od Advanced Decision Tools for Operational Management", booktitle="International Multidisciplinary Scientific Conferences on Social Science & Arts", year="2014", pages="867--874", publisher="Bulgarian Academy of Sciences", address="Bulgaria", doi="10.5593/sgemsocial2014", isbn="978-619-7105-28-5" }