BIG DATA, BUSINESS PROCESSES, AND MATHEMATICAL ALGORITHMS FOR MULTI-OBJECTIVE MANAGERIAL DECISION OPTIMIZATION

The use of Big Data and the engineering of business processes are becoming increasingly important for managing the business of companies and large international corporate groups. For more successful outcomes, even for complex interventions such as those of the PNRR (National Recovery and Resilience Plan), the use of mathematical models to assist management decisions represents a significant lever to optimize time, costs, and planned overall performance. This analytical approach strengthens traditional qualitative techniques like SWOT analysis and finds useful application in the optimal definition of any form of PPP (Public-Private Partnership), such as the recent “Partnership for Innovation” (PPI) included in the new procurement code. The scientific work developed from the systematic analysis of processes proposes a particular multi-objective mathematical model that uses a system of vectors in an m-dimensional reference space.

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Publication Details

Journal
Far East Journal of Applied Mathematics
Published
2024-09-30
DOI
https://doi.org/10.17654/0972096024010
Primary Topic
Big Data and Business Intelligence
Type
article
Field-Weighted Citation Impact
0.00
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article

BIG DATA, BUSINESS PROCESSES, AND MATHEMATICAL ALGORITHMS FOR MULTI-OBJECTIVE MANAGERIAL DECISION OPTIMIZATION

David Barilla, Valeria Isgò, Tommaso Verdini
Far East Journal of Applied Mathematics
Big Data and Business Intelligence
article

BIG DATA, BUSINESS PROCESSES, AND MATHEMATICAL ALGORITHMS FOR MULTI-OBJECTIVE MANAGERIAL DECISION OPTIMIZATION

David Barilla, Valeria Isgò, Tommaso Verdini
article en

Abstract

The use of Big Data and the engineering of business processes are becoming increasingly important for managing the business of companies and large international corporate groups. For more successful outcomes, even for complex interventions such as those of the PNRR (National Recovery and Resilience Plan), the use of mathematical models to assist management decisions represents a significant lever to optimize time, costs, and planned overall performance. This analytical approach strengthens traditional qualitative techniques like SWOT analysis and finds useful application in the optimal definition of any form of PPP (Public-Private Partnership), such as the recent “Partnership for Innovation” (PPI) included in the new procurement code. The scientific work developed from the systematic analysis of processes proposes a particular multi-objective mathematical model that uses a system of vectors in an m-dimensional reference space.

Far East Journal of Applied MathematicsVol. 117(2)
Openalex Percentile: Top 75%
Big Data and Business Intelligence
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