Economic: Journal Economic and Business
Vol. 2 No. 3 (2023): ECONOMIC: Journal Economic and Business

Strategic Optimization With Decision Theory: Unpacking the Operations Research Framework for Effective Decision Making

Munthe, Putri Enjelita (Unknown)
Harahap, Lokot Muda (Unknown)
Hadiwijaya, Rangga (Unknown)
Ginting, Dionisius (Unknown)
Suwarno, Iin (Unknown)
Syahputra, Reza (Unknown)
Ananda, Tanya (Unknown)



Article Info

Publish Date
31 Jul 2023

Abstract

Making the right decisions can optimize resource utilization, increase operational efficiency, and strengthen competitive positions in the market. A decision, as a choice of action from various alternatives that fulfill one or more goals, has a significant impact on various related parties. Therefore, decision making is the main function for a leader, both in companies and public institutions. The technique of modifying data to increase its value and usefulness is known as data optimization. This entails converting unstructured data into a structured format, improving data quality, reducing duplication, and retrieving related information. This research was conducted using a narrative review model. The research method used is secondary data collected from various international journals, papers, and previous research papers used as data sources and analyzed by the author taking into account the problems considered in this research.

Copyrights © 2023






Journal Info

Abbrev

ejeb

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

ECONOMIC: Journal Economi and Business yang diterbitkan oleh Lembaga Riset Mutiara Akbar, Medan, Indonesia merupakan jurnal akses terbuka yang dapat digunakan sebagai media interaksi bagi seluruh cendikiawan di berbagai bidang Ekonomi dan Bisnis baik itu Karya Ilmiah kajian pustaka maupun ...