The multicriteria method for environmentally oriented business decision-making

The multicriteria method for environmentally oriented business decision-making

0.00 Avg rating0 Votes
Article ID: iaor20043659
Country: Serbia
Volume: 14
Issue: 1
Start Page Number: 65
End Page Number: 82
Publication Date: Jan 2004
Journal: Yugoslav Journal of Operations Research
Authors:
Keywords: decision theory: multiple criteria, programming: integer, analytic hierarchy process
Abstract:

Stimulated by the expressed managers' need for some completed methods for environmental management in enterprises, we present the method for environmentally oriented business decision-making. It is based on simulations where optimization models of business processes are used as scenarios. The possibilities for an integrated approach to environmental protection are introduced and – decomposed according to the type of the considered element by using zero–one variables – included in the optimization models. The method is completed for multicriteria decision-making where in the simulations obtained optimal values are included. In a real-life case where the Analytic Hierarchy Process technique is used to evaluate envrionmentally oriented business processes, special attention is given to criteria and weights: we consider preferences and survey findings on the environmental impact of business processes in the enterprise, survey findings on environmental management in the processing industry, and eco-balances.

Reviews

Required fields are marked *. Your email address will not be published.