Authors: Peter B. Barr, Dinesh S. Dave
Addresses: University of South Carolina, Coastal Carolina College, Conway, South Carolina 29526, USA. ' Department of Decision Sciences, College of Business, Appalachian State University, Boone, North Carolina 28608, USA
Abstract: This paper discusses a viable approach to improving decision-making in the event of an employee takeover. The multi-faceted technique of simulation is presented here as a viable technique in such an event situations. Once enacted, the model is demonstrated through sensitivity analysis to be a critical asset in long-range planning. The usefulness of simulation modelling is enhanced by its widespread applicability to any mergers or acquisitions, foreign or domestic. Specifically, a |real-world| example of these methodologies is presented in this paper. The Volkswagen Stamping Plant located in the south-east region of the United States provided the focus of this research effort. A simulation model was developed to improve the decision-making capabilities of the employees during a proposed takeover. Further, sensitivity analyses were then conducted to demonstrate the enhanced usefulness and viability of long-range planning efforts.
Keywords: computer simulation; decision making; employee takeover; simulation; modelling; sensitivity analysis; long-range planning; Volkswagen Stamping Plant.
International Journal of Computer Applications in Technology, 1991 Vol.4 No.2, pp.109 - 116
Published online: 10 Jun 2014 *Full-text access for editors Full-text access for subscribers Purchase this article Comment on this article