TITLE:
Decision-Making Optimization of TMT: A Simulated Annealing Algorithm Analysis
AUTHORS:
Yueming Chen, Yuhui Ge, Zhiqiang Song, Mingyang Lv
KEYWORDS:
Top Management Team, Simulated Annealing Algorithm, Decision-Making
JOURNAL NAME:
Journal of Service Science and Management,
Vol.3 No.3,
October
8,
2010
ABSTRACT: The decision-making of Top management team (TMT) has been a hot point in academic. The paper find out annealing algorithm method can effectively solve the decision-making optimization problem. Through considering the quality and efficiency of decision-making, applying the annealing algorithm, the optimal decision preference sequence is found. Finally, an application case is proposed. Through determining the initial solution, and choosing the solution neighborhood, and setting the cooling function and temperature, with the simulated annealing algorithm, the optimal solution of the decision is achieved.