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Types of Decisions Based on Multi-Criteria Analysis Applicable to Extractive Industry. Theoretical Approaches

Author

Listed:
  • Emilia Vasile

    () (“Athenaeum” University from Bucharest, Romania)

  • Daniela Carapancea

    () (Academy of Economic Studies, Bucharest, Romania)

  • Mariana Balan

    () (“Athenaeum” University from Bucharest, Romania)

Abstract

In order to ensure the competitiveness, the innovation and the jobs in the industrial sector it is crucial to solve the problems concerning the secure, reliable and constant access to raw materials. In a world characterized by an able legislation, the resources’ efficiency on the global economy might motivate the industrial competitiveness and reach the environment objectives of every country. Access and sustainable management of raw materials, requires the adoption/optimization of some decisions based on multicriteria analysis of situations considered. Due to the diversity and complexity of decision problems that are going to solve by the managers in the extraction, preparation, storage and transportation unit of extractive industry, the paper presents a systematization of them according to certain criteria or elements.

Suggested Citation

  • Emilia Vasile & Daniela Carapancea & Mariana Balan, 2011. "Types of Decisions Based on Multi-Criteria Analysis Applicable to Extractive Industry. Theoretical Approaches," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 11(1), pages 267-276.
  • Handle: RePEc:pet:annals:v:11:y:2011:i:1:p:267-276
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    Citations

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    Cited by:

    1. Cristinel Constantin, 2012. "Post-Hoc Segmentation Using Marketing Research," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 12(3), pages 39-48.

    More about this item

    Keywords

    extractive industry; decisions; multi-criteria analysis;

    JEL classification:

    • L16 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Industrial Organization and Macroeconomics; Macroeconomic Industrial Structure
    • L71 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Mining, Extraction, and Refining: Hydrocarbon Fuels
    • M11 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Production Management
    • M12 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Personnel Management; Executives; Executive Compensation
    • M51 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Firm Employment Decisions; Promotions

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