• DocumentCode
    321825
  • Title

    ODSS in strategic financial and production planning

  • Author

    Kivijärvi, Hannu ; Tuominen, Markku

  • Author_Institution
    Helsinki Sch. of Econ. & Bus. Adm., Finland
  • Volume
    3
  • fYear
    1997
  • fDate
    7-10 Jan 1997
  • Firstpage
    337
  • Abstract
    In this research effort an ODSS (Organizational Decision Support System) was developed to support strategic planning and decision making in an industrial company. The financial strategies of a growing firm were of greatest interest. It is highlighted that an industrial company has several internal and external strategies to finance the required funds, working capital as well as production fixed capacity. We emphasize that the financial and strategic analysis concerning the whole firm must be fulfilled under multiple criteria. We also show how the dynamic financial planning can be combined with a hierarchical evaluation procedure effectively. The evidence from the study is that the quality and quantity of information for corporate strategic decision making can be fundamentally extended by such a computer-based integration. An ODSS of this kind combines traditional data, subjective evaluations, and planning models interactively in order to improve the effectiveness of a manufacturing firm
  • Keywords
    computer aided production planning; computer integrated manufacturing; corporate modelling; decision support systems; financial data processing; strategic planning; ODSS; Organizational Decision Support System; decision making; financial strategies; hierarchical evaluation procedure; industrial company; manufacturing firm; production fixed capacity; production planning; research; strategic financial planning; subjective evaluations; Companies; Decision making; Decision support systems; Finance; Financial management; Investments; Manufacturing industries; Production planning; Strategic planning; Virtual manufacturing;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    System Sciences, 1997, Proceedings of the Thirtieth Hawaii International Conference on
  • Conference_Location
    Wailea, HI
  • ISSN
    1060-3425
  • Print_ISBN
    0-8186-7743-0
  • Type

    conf

  • DOI
    10.1109/HICSS.1997.661636
  • Filename
    661636