We are developing artificial intelligence programs that model qualitative business decision making, using both goal-based and case-based reasoning. In this paper, we describe current work in three related areas: normative business goals and beliefs, qualitative business calculus, and belief

In this article, we study the estimation of the smallest or the largest parameters of p exponential populations. The marginal MLE of the smaller and the larger of two population means in an exponential family can be obtained by solving an equation. The case of general p is also discussed. An iteration formula for solving a marginal MLE is proposed. Asymptotic properties of the marginal MLE have also been studied. Some Monte-Carlo simulations for Poisson model have been studied. The numerical results support the superiority of the marginal MLE against that of the usual MLE in the sense of biasedness and mean square error.

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

other players in the market. In this sense one of the most important activities is decision making. Decision making process must take into account all of the relevant knowledge in order to reach optimal decision, specifically knowledge that is not available to other competitors – tacit knowledge

the current role of analysis in making business decisions. Certainly, rapid IT development is an important source of change, enabling the emergence of new decision-making methods and techniques not previously applied by managers. Due to the exceptional value of information in eliminating higher or lower

We are developing artificial intelligence programs that incorporate goal-based and case-based reasoning to simulate decision making in a variety of business domains. In this paper, we first provide a summary introduction to our past work. We contrast our general approach with traditional decision

, the consequences of unethical leadership behavior are insurmountable. The general objective of this paper is to look at leadership ethics and how it influences leadership decisions making and the exercise of good judgment. It was observed that the main role of leadership is setting new direction and getting people

In the process of investment decision making it is not only the question if some investment has to be made, but it has frequently appear the problem of selection the best investments between two or more alternatives. For selection of investments that compete to be implemented in an enterprise

Abstract – This paper presents the results of the primary research regarding management relations towards accounting information that is used in the business decision making process applied in manufacturing companies of the Tuzla Canton (here on: “TC”). The research commences from the fact

Abstract The purpose of this essay is to explore the impact of Islamic ethical values on cognitive thinking of a devout Muslim in the strategic business decision-making process and