Presents an application of analytic hierarchic process (AHP) for
evaluating the sources of supply in a materials management situation.
Evaluation of alternative sources is an unstructured decision problem
involving multiple factors and attributes generic at different levels.
In order to facilitate decision support to the materials managers, an
all encompassing effective analysis is needed to determine the right
supply source so as to be compatible with the organizational objectives.
It seems that AHP helps in providing such a decision support.
An in‐depth survey of production management in India: production, as pivotal function in any industrial organisation, seeks to achieve productivity and profitability and holds the key to survival in the present competitive world of business. To meet the goals of a nation, production managers are expected to understand and to perceive their roles and responsibilities very clearly in concrete and precise terms. India, being a very large country and having a very diversified set of industrial organisations, employs a substantial number of technically qualified managers in the production functions. These people sometimes lack coherent thinking and there is a measure of responsibility/activity incompatibility. This paper aims to clarify role perceptions in respect of those tasks for which production managers are responsible.
Poverty reduction is a global issue. In India, this issue is a priority and calls for critical and urgent attention. Microfinance as an approach is considered important for empowerment of unreached people's social and economic status through socio-psychological and financial intermediation. Despite the fact that microfinance institutions have assumed vital part in reducing poverty; relatively a few studies are available particularly to analyse the effectiveness of 'quality of life'. The present paper aims at studying the impact of microfinance in improving the quality of life of poor people in India. Human Development Index (HDI) is used to measure development by combining indicators such as; life expectancy, educational attainment and income into a composite index, thus addressing both social and economic issues. A variety of existing models and theories were critically reviewed and a model is formulated and validated by using the structural equation modelling (SEM) approach. Results show efficacy of the proposed model and evaluates the overall impact of 'quality of life' as measured through HDI. Finally, it may be concluded that the practice of microfinance program may outperform transition economies in countries like India in order to maintain the balance between social and economic benefits of the targeted people.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.