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Evaluation and Ranking of the Financial Status of the Greek Rural Cooperatives Unions by a Decision Support System

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  • Iliadis, L.
  • Koutroumanidis, T.
  • Arabatzis, G.
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    Abstract

    The Rural Cooperatives Unions (RCUs) play a significant role in the development of the Greek rural sector, but they are facing significant organizing and administrative problems. The use of methods and techniques of the operational research by the RCUs may contribute significantly in making and supporting rational decisions. A Decision Support System (DSS) was developed that can provide very important services in the direction of evaluating the existing RCUs and forecasting their future financial performance. The system uses multicriteria analysis based on actual financial data and applies fundamental principles of fuzzy logic in order to achieve the forecasting of the future performance of the eight RCUs that are located in the region of Eastern Macedonia and Thrace (in North-Eastern Greece).

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    File URL: http://purl.umn.edu/26447
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    Bibliographic Info

    Article provided by Greek Association of Agricultural Economists in its journal Agricultural Economics Review.

    Volume (Year): 05 (2004)
    Issue (Month): 1 (January)
    Pages:

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    Handle: RePEc:ags:aergaa:26447

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    Web page: http://www.etagro.gr/
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    Related research

    Keywords: Agribusiness;

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    1. Bertrand Mareschal & Jean Pierre Brans & Philippe Vincke, 1986. "How to select and how to rank projects: the Prométhée method," ULB Institutional Repository 2013/9307, ULB -- Universite Libre de Bruxelles.
    2. Fried, Harold O. & Lovell, C. A. Knox & Schmidt, Shelton S. (ed.), 1993. "The Measurement of Productive Efficiency: Techniques and Applications," OUP Catalogue, Oxford University Press, number 9780195072181.
    3. Brans, J. P. & Vincke, Ph. & Mareschal, B., 1986. "How to select and how to rank projects: The method," European Journal of Operational Research, Elsevier, vol. 24(2), pages 228-238, February.
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