Factor analysis
Allows, based on statistics, to determine to what extent the company's planned or actual indicators depend on various factors and their changes. The approach demonstrates how the situation will be corrected due to emerging trends and management influence. The need for any actions is determined using situational analysis.
Multidimensional scaling method
The information is linkedin database subjected to mathematical processing to identify the factors on which the development of the situation depends. The method allows for meaningful interpretation and reduction of the number of characteristics subject to analysis. As a result, it becomes easier to make a decision.
Game Theory Models for Developing Management Decisions
These are necessary to understand how a specific decision will affect other companies in a similar market sector. They allow working with key factors, but are rarely used, which is explained by constant changes in the external environment.
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Method of models of queueing theory
Allows to establish the number of interaction channels necessary to satisfy the need for them or to balance expenses in case of their insufficient and excessive number. In practice, the methods of this group with a Poisson incoming flow have proven themselves best.
Simulation modeling in the development of management decisions
Here a scheme is created to predict changes in a real situation. This method is used when there are a large number of variables, when it is quite difficult to establish the relationship between them by means of mathematical analysis, or when there is a high degree of uncertainty. Any of the models requires working with imitation in a broad sense.
Method of economic analysis
This is a study of the financial and economic condition of a company, which is used when there is access to accurate financial statements. The classical economic model is based on establishing the break-even point.
Optimal Linear Programming in Management Decision Making
The approach involves searching for the maximum or minimum of the objective function under existing constraints. This method can be used to exit production and business situations characterized by flexibility and the ability to choose an alternative. Standard indicators of optimality are maximum profit/profitability, minimum costs, etc.
Inventory Management Models
Allows you to set the time of placing orders for resources, their quantity and the volume of finished products stored in the company's warehouses. Thanks to this approach, it is possible to minimize the costs associated with the accumulation of goods. In this area, specialists use several different control systems.