Methodological Aspects of Qualitative-Quantitative Analysis of Decision-Making Processes

Gawlik, Remigiusz (2016): Methodological Aspects of Qualitative-Quantitative Analysis of Decision-Making Processes. Published in: Management and Production Engineering Review , Vol. 7, No. 2 (June 2016): pp. 3-11.

Abstract

The paper aims at recognizing the possibilities and perspectives of application of qualitative-quantitative research methodology in the field of economics, with a special focus on production engineering management processes. The main goal of the research is to define the methods that would extend the research apparatus of economists and managers by tools that allow the inclusion of qualitative determinants into quantitative analysis. Such approach is justified by qualitative character of many determinants of economic occurrences. At the same time quantitative approach seems to be predominant in production engineering management, although methods of transposition of qualitative decision criteria can be found in literature. Nevertheless, international economics and management could profit from a mixed methodology, incorporating both types of determinants into joint decision-making models. The research methodology consists of literature review and own analysis of applicability of mixed qualitative-quantitative methods for managerial decision-making. The expected outcome of the research is to find which methods should be applied to include qualitative-quantitative analysis into multicriteria decision-making models in the fields of economics, with a special regard to production engineering management.

• Item Type: MPRA Paper
• Language: English
• Keywords: qualitative-quantitative analysis; hierarchical decision-making; neural-network models; management; manufacturing processes
• Subjects: C - Mathematical and Quantitative Methods > C4 - Econometric and Statistical Methods: Special Topics > C45 - Neural Networks and Related Topics; C - Mathematical and Quantitative Methods > C6 - Mathematical Methods ; Programming Models ; Mathematical and Simulation Modeling > C65 - Miscellaneous Mathematical Tools; D - Microeconomics > D7 - Analysis of Collective Decision-Making > D79 - Other; D - Microeconomics > D8 - Information, Knowledge, and Uncertainty > D81 - Criteria for Decision-Making under Risk and Uncertainty

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