The Oreste’s Method in the Multicriteria’s Decision Process for the Management of Tourism Field
AbstractDuring the decision process, one has to take into consideration more than one criterion, the alternative that meets as many criteria as possible being chosen eventually. As it is impossible to reach the maximum level that is wished for separately for each criterion at the same time, one has to settle for the alternative that is the best compromise considering all the criteria. In the field of tourism, developing any strategy regarding the tourist product, entering a market, organizing distribution and advertising means are based on a series of decisions and the use of modern methods of the decision theory has become a necessity for the managers in the respective business area. Among the methods that aim at choosing the alternative that meets as many criteria as possible, the “Oreste method” produces the order of the decision alternatives function of the significance/ value that they have within each criterion.
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Bibliographic InfoArticle provided by Faculty of Management, Academy of Economic Studies, Bucharest, Romania in its journal Economia. Management.
Volume (Year): 10 (2007)
Issue (Month): 1 (July)
Multi criteria decision; Tourism management; Comparing and setting in order the alternatives.;
Find related papers by JEL classification:
- C02 - Mathematical and Quantitative Methods - - General - - - Mathematical Economics
- C44 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Operations Research; Statistical Decision Theory
- C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
- L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
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