Grey Systems Theory In Business Management

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Grey Systems Theory In Business Management

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Author : Moses Olabhele Esangbedo
language : en
Publisher: MDPI
Release Date : 2025-01-23

Grey Systems Theory In Business Management written by Moses Olabhele Esangbedo and has been published by MDPI this book supported file pdf, txt, epub, kindle and other format this book has been release on 2025-01-23 with Business & Economics categories.

This book is dedicated to addressing the central challenge of making informed business decisions within an environment characterized by uncertainty, employing Multiple Criteria Decision-Making (MCDM) methodologies. Chapter 1 provides an overview of the related concepts of grey systems theory. Chapter 2 proposes evaluation criteria for five major themes, including human resource information systems and contractor selection problems. Chapters 3–6 present four improved grey hybrid weighting methods: the grey rank order centroid method, the grey regulatory focus theory method, the grey step-wise weight analysis ratio evaluation, and the grey point allocation weighting method. Chapters 7–10 introduce four improved hybrid grey evaluation methods: the grey weighted sum model, grey relational analysis, the grey regime method, and the grey integer linear programming method. Chapters 11 and 12 discuss additional grey decision-making methods, and conclusions are drawn along with future prospects.

Grey Systems

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Author : Sifeng Liu
language : en
Publisher: Springer
Release Date : 2010-12-09

Grey Systems written by Sifeng Liu and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-12-09 with Technology & Engineering categories.

Due to inherent limitations in human sensing organs, most data collected for various purposes contain uncertainties. Even at the rare occasions when accurate data are available, the truthful predictions derived on the data tend to create chaotic consequences. So, to effectively process and make sense out of available data, we need methods to deal with uncertainty inherently existing inside the data. The intent of this monograph is to explore the fundamental theory, methods, and techniques of practical application of grey systems theory, initiated by Professor Deng Julong in 1982. This volume presents most of the recent advances of the theory accomplished by scholars from around the world. From studying this book, the reader will not only acquire an overall knowledge of this new theory but also be able to follow the most current research activities. All examples presented are based on practical applications of the theory when urgent real-life problems had to be addressed. Last but not the least, this book concludes with three appendices. The first one compares grey systems theory and interval analysis while revealing the fact that interval analysis is a part of grey mathematics. The second appendix presents an array of different approaches of studying uncertainties. And, the last appendix shows how uncertainties appear using general systems approach.

Methodological Aspects Of Grey Systems Theory In Management Research

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Author : Rafaɫ Mierzwiak
language : en
Publisher: Springer Nature
Release Date : 2024-05-20

Methodological Aspects Of Grey Systems Theory In Management Research written by Rafaɫ Mierzwiak and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-05-20 with Business & Economics categories.

This book illustrates the application of grey systems theory to management science research, by developing selection procedures for grey analytical methods suitable for forecasting, decision-making, and analysing variable relationships. Highlights the similarity between grey system theory and other uncertainty modelling methods, introducing demarcation criteria between grey system theory, fuzzy logic, and statistical approaches. The book leverages the concept of a "grey space" to move beyond the intuitive understanding of grey, presenting a logical and mathematical model of the concept. Connects grey information with traditional management research paradigms and strategies, serving as a methodological guide to grey methods tailored for social sciences, especially management research. The aim is to facilitate management science readers' understanding of how grey systems theory can be applied in research, providing specific guidance on the use of grey methods in management studies and discussing their possibilities and limitations. This work provides methodological guidelines for conducting research in management science. The primary audience includes management science researchers and doctoral students dealing with empirical research where incomplete and sparse data are a critical factor, and scholars in the grey systems theory community. The book introduces new concepts from the axiomatisation of greyness, appealing to specialists interested in this area.

Relativity In Business

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Author : Kushal Anjaria
language : en
Publisher: Cambridge Scholars Publishing
Release Date : 2024-07-04

Relativity In Business written by Kushal Anjaria and has been published by Cambridge Scholars Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-07-04 with Business & Economics categories.

‘Relativity in Business: How Physics Shapes Management Science’ unveils the intriguing overlap between physics and management, providing a novel outlook on business strategy and organisational behaviour. It leverages concepts from motion, thermodynamics, quantum mechanics, and chaos theory, among others, to forge a groundbreaking framework for addressing business complexities. Aimed at managers, strategists, and academics, the book translates intricate physics into actionable insights for business challenges, such as optimising operations and leveraging chaos for organisational benefit. Through compelling case studies, it shows how applying physics principles can spur innovation and cultivate efficient, sustainable business practices. This text is a valuable tool for anyone interested in melding scientific principles with business strategy to enhance outcomes, making it a seminal read in the fusion of science and management.

Advances In Grey Systems Research

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Author : Sifeng Liu
language : en
Publisher: Springer Science & Business Media
Release Date : 2010-06-28

Advances In Grey Systems Research written by Sifeng Liu and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-06-28 with Technology & Engineering categories.

This book contains contributions by some of the leading researchers in the area of grey systems theory and applications. All the papers included in this volume are selected from the contributions physically presented at the 2009 IEEE International Conference on Grey Systems and Intelligent Services, November 11 – 12, 2009, Nanjing, Jiangsu, People’s Republic of China. This event was jointly sponsored by IEEE Systems, Man, and Cybernetics Society, Natural Science Foundation of China, and Grey Systems Society of China. Additionally, Nanjing University of Aeronautics and Astronautics also invested heavily in this event with its direct and indirect financial and administrative supports. The conference aimed at bringing together all scholars and experts in the fields of grey systems and intelligent services from around the world to share their cutting edge research results, exchange innovative ideas, promote mutual understanding, and seek potential opportunities for collaboration. The conference program c- mittee received 1054 full paper submissions from 16 countries and geographical regions. Nine hundred sixty four papers were submitted for regular sessions and 90 papers were tunnelled directly for special topic sessions. All the submitted papers, including those aiming at special topic sessions, were rigorously reviewed by at least 3 reviewers. Based on the reviewers’ reports, 251 papers were accepted for oral presentations, while 99 accepted for poster presentations. In other words, only slightly over 33% of the submitted papers were accepted by this conference. The rate of acceptance was lower than one third of the total submissions.

Grey Information

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Author : Sifeng Liu
language : en
Publisher: Springer Science & Business Media
Release Date : 2006-03-08

Grey Information written by Sifeng Liu and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-03-08 with Computers categories.

Rapid formation and development of new theories of systems science have become an important part of modern science and technology. For - ample, since the 1940s, there have appeared systems theory, information theory, fuzzy mathematics, cybernetics, dissipative structures, synergetics, catastrophe theory, chaos theory, bifurcations, ultra circulations, dynamics, and many other systems theories. Grey systems theory is also one of such systems theories that appeared initially in the 1980s. When the research of systems science and the method and technology of systems engineering are applied in various traditional disciplines, such as management science, decision science, and various scienti?c disciplines, a whole new group of new results and breakthroughs are obtained. Such a historical background has provided the environment and soil for grey systems theory to form and to develop rapidly in the past 20-plus years. More speci?cally, in 1982, Professor Deng Ju-Long published the ?rst research paper in the area of grey systems in the international journal entitled Systems and Control Letters, published by North-Holland Co. His paper was titled “Control Problems of Grey Systems. ” The publication of this paper signalled the birth of grey systems theory after many years of e ective research of the founding father. This new theory soon caught the attention of the international academic community and practitioners of science. Many well-known scholars, such as Chinese academicians Qian Xueshen, Song Jian, and Zhang Zhongjun. Professor Roger W.

Family Business Goal Sustainable Supply Chain Management And Platform Economy A Theory Based Review Propositions For Future Research

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Author : Rawa Alwadani
language : en
Publisher: Infinite Study
Release Date :

Family Business Goal Sustainable Supply Chain Management And Platform Economy A Theory Based Review Propositions For Future Research written by Rawa Alwadani and has been published by Infinite Study this book supported file pdf, txt, epub, kindle and other format this book has been release on with Mathematics categories.

This article reviews important and diverse issues that can affect family business goals, which scholars can consider in their future research. A systematic review was undertaken in three different areas: family businesses goals, sustainable supply chain and platform economy. The three topics were reviewed in terms of the theories utilised in the studied articles. Two theories (institutional and social exchange) were found to be common across the three topics. As a result, family businesses goals, sustainable supply chain and platform economy were reviewed through the lenses of the institutional and social exchange theories. We conclude by discussing directions for future research and other promising approaches, so as to inform the investigation concerning family businesses, and the expected contemporary goals to pursue in relation to sustainable supply chain and platform economy.

Contemporary Business And Economic Issues

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Author : Sefer YILMAZ
language : en
Publisher: Akademisyen Kitabevi
Release Date : 2022-09-13

Contemporary Business And Economic Issues written by Sefer YILMAZ and has been published by Akademisyen Kitabevi this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-09-13 with Business & Economics categories.

Optimization Of Regional Industrial Structures And Applications

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Author : Yaoguo Dang
language : en
Publisher: CRC Press
Release Date : 2010-11-23

Optimization Of Regional Industrial Structures And Applications written by Yaoguo Dang and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-11-23 with Business & Economics categories.

Based on research projects supported by the National Natural Science Foundation of China and Nanjing University of Aeronautics and Astronautics, Optimization of Regional Industrial Structures and Applications provides an authoritative introduction to and survey of the cutting-edge research and applications in industrial structure optimization. Empl

Systems Cybernetics And Innovations

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Author : Matjaž Mulej
language : en
Publisher: Emerald Group Publishing
Release Date : 2006

Systems Cybernetics And Innovations written by Matjaž Mulej and has been published by Emerald Group Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with Cybernetics categories.

This e-book is a compilation of selected papers on the theme of "Systems, cybernetics and innovation" from the 13th International Congress of the World Organization of Systems and Cybernetics (WOSC), Slovenia, July 2005 and is guest edited by Professor Matjaz Mulej, University of Maribor. The articles present research and development in a number of areas: Artificial-Natural Dualism; Economic Systems; Education Systems; Engineering and Information Systems; Grey Systems; Management Systems; Mathematical Systems; Nature Systems; Tourism Cybernetics; Viable Organizations; and World Education Syste