Title :
Acquisition vs. outsourcing decisions modeling process applied on an international transport company by means of the decision tree method
Author :
Nistor, Rozalia ; Nistor, Costel ; Capatina, Alexandru
Author_Institution :
Fac. of Economic Sci., Univ. Dunarea de Jos, Galati, Romania
Abstract :
In this paper, we emphasize the simulation of a decision making process applied to an international transport company from Romania. Our goal was to establish the most efficient decision, having in view three alternatives: acquisition of one additional truck, acquisition of two additional trucks and the outsourcing supplementary requests of transport services, over the trucks fleet capacity of the company, to other specialized transport companies. In view to determine mathematically the best decision, we applied the decision tree method, in the conditions in which the company´s manager offered us a feasibility analysis concerning these alternatives. We also reveal in this paper the opportunity provided by WinQSB software functions, which reduce the time involved by solving this decision problem.
Keywords :
decision making; decision trees; goods distribution; logistics; outsourcing; transportation; Romania; acquisition; decision making process; decision tree method; international transport company; outsourcing; Application software; Data mining; Decision making; Decision trees; Insurance; Logistics; Merchandise; Outsourcing; Roads; Warehousing; acquisition; decision tree; expected monetary value; outsourcing; transport services;
Conference_Titel :
Computer and Automation Engineering (ICCAE), 2010 The 2nd International Conference on
Conference_Location :
Singapore
Print_ISBN :
978-1-4244-5585-0
Electronic_ISBN :
978-1-4244-5586-7
DOI :
10.1109/ICCAE.2010.5451475