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A simulation model for managing outsourcing decisions

Arman Teksin TEVFİK

The aim of this research is to contribute into the development of a strategic and systematic outsourcing decision-making framework for practitioners. In this regard, the authors propose a concrete decision framework that would incorporate quantitative measures and financial dimensions in outsourcing decision-making process. In addition, the authors also provide a platform to make outsourcing decisions under high uncertainty levels associated with insufficient and/or imprecise data. For this purpose, Monte Carlo simulation is used to evaluate the financial results of an outsourcing decision bas ...More

Article 2010 İktisadi ve İdari Bilimler Fakültesi International Journal of Management and Enterprise Development9 ( 2 ) 74 Views
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