TY  - JOUR
AB  - Purpose– The purpose of this paper is to seek an approach to study decision making and optimization analyzing of enterprises with multi‐factors.Design/methodology/approach– In this paper, a new grey decision dynamic model was set up; it integrates with modified GM model, the transfer function and response characteristic of cybernetics, and other knowledge. The building steps of this integrated model and its application method in a certain enterprise were presented.Findings– Until recently, there have been many references studying grey decision or grey relational analysis of factors, but it was found that dynamic affecting of multi‐factors for enterprise production and their affecting levels were not studied synthetically in these references, and by this new dynamic model, these useful conclusions can be gotten.Research limitations/implications– The built time response equation and dynamic model in this paper can be only used for whole regularity analysis and not suited to daily one‐to‐one analyzing; otherwise the error of the reductive values must be tested.Practical implications– This new grey decision dynamic model can be used widely in decision making and optimization analyzing of enterprises with multi‐factors. Practical applying results show that the proposed method can instruct effectively actual production.Originality/value– This paper offers a new grey decision dynamic model that can be used in decision making and optimization analyzing of enterprises with multi‐factors. By applying this new dynamic model in practice, some useful conclusions are drawn; some dynamic factors affecting production capacity of enterprises and their affecting levels can be found.
VL  - 37
IS  - 9/10
SN  - 0368-492X
DO  - 10.1108/03684920810907481
UR  - https://doi.org/10.1108/03684920810907481
AU  - Bai Xiaoping
AU  - Wang Hongming
ED  - Mian‐yun Chen
ED  - Yi Lin
ED  - Hejing Xiong
PY  - 2008
Y1  - 2008/01/01
TI  - A new grey decision dynamic model based on cybernetics knowledge for complex system optimization analyzing and its practical application
T2  - Kybernetes
PB  - Emerald Group Publishing Limited
SP  - 1218
EP  - 1226
Y2  - 2024/04/19
ER  -