THE MULTICRITERIA AND MULTI LEVEL EVALUAT ION OF MANUFACTURING CAPACITIES OF INDUSTRIAL FIRMS IN THE SLOVAK-REPUBLIC

Authors
Citation
M. Fendek, THE MULTICRITERIA AND MULTI LEVEL EVALUAT ION OF MANUFACTURING CAPACITIES OF INDUSTRIAL FIRMS IN THE SLOVAK-REPUBLIC, Ekonomicky casopis, 43(10), 1995, pp. 746-763
Citations number
18
Categorie Soggetti
Economics
Journal title
ISSN journal
00133035
Volume
43
Issue
10
Year of publication
1995
Pages
746 - 763
Database
ISI
SICI code
0013-3035(1995)43:10<746:TMAMLE>2.0.ZU;2-F
Abstract
Transition of Slovak economy from a centrally planned to market econom y requires to solve following specific problems in an organization and development perspectives of state production potential: industrial Fm s privatization; sectors restructuralization; weapon production conver sion; firms production program innovation; an active input into Europe an economical space. There is a natural interest of the state to suppo rt a production potential development. However, an objectivity in deci sion making supposes an existence of firm's information database from which it is possible to formulate quantitative problems of firms, sect ors' economy efficiency, and to evaluate strategic variants of their d evelopment. In the article is presented model's approach tovard evalua ting manufacturing potential of firms and branches. Outranking methods are used to evaluate a firms or sectors production potential level fr om a multiple criteria viewpoints. Firms, sectors or their combination s with special hierarchy represent variants or alternatives. Each of v ariants is described through a vector of economic characteristics. Fir ms database structures include financial information about firms that are developed form balance sheets. The firm database also includes inf ormation about corresponding sector and regional information. A basic information about privatization process in firm's sector and region an d information about foreign capital in firm's sector is included as we ll. A goal of the resulted model is to outrank developed variants. The re is a software package M3V, which has been developed at the Departme nt of Operations Research and Econometrics at the University of Econom ics in Bratislava, which enables to solve such kind of problems. The t hree level tree structure of variants is assumed and the package uses a rating method and PROMETHEE outranking methods is applied.