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The Improvement Of The Investment Decisional Subsystem

Author

Listed:
  • Claudia ISAC

    (University of Petrosani, University St. 20)

  • Ilie RASCOLEAN

    (University of Petrosani, University St. 20)

Abstract

This paper presents instruments for investment process improvement starting from the improvement process characteristics, investment decisions, strategic decisions and thus investment decision subsystem. The approaches of specialists regarding the decision of retooling and reliability is based, generally, on a mathematic, quantitative support, and the main mathematic methods regarding the adoption of the retooling decision are: the simple score method, the balanced score method, operating cost – retooling cost method, the method of minimizing the total operating cost of technologic equipment, the method of comparing maintenance costs with total up-to-date expenses.

Suggested Citation

  • Claudia ISAC & Ilie RASCOLEAN, 2008. "The Improvement Of The Investment Decisional Subsystem," STUDIA UNIVERSITATIS PETRU MAIOR SERIES OECONOMICA, Petru Maior University, Faculty of Economics Law and Administrative Sciences, vol. 1, pages 119-134, December.
  • Handle: RePEc:pmu:oecono:v:1/2008:y:2008:p:119-134
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    More about this item

    Keywords

    improvement process; investment process; decision subsystem; simple score method; balanced score method.;
    All these keywords.

    JEL classification:

    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation

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