We propose a business scenario evaluation method using qualitative and quantitative hybrid model. In order to evaluate business factors with qualitative causal relations, we introduce statistical values based on propagation and combination of effects of business factors by Monte Carlo simulation. In propagating an effect, we divide a range of each factor by landmarks and decide an effect to a destination node based on the divided ranges. In combining effects, we decide an effect of each arc using contribution degree and sum all effects. Through applied results to practical models it is confirmed that there are no differences between results obtained by quantitative relations and results obtained by the proposed method at the risk rate of 5%.
|Journal||IEEJ Transactions on Electronics, Information and Systems|
|Publication status||Published - 2008|
- Monte carlo simulation
- Qualitative and quantitative hybrid model
- Scenario planning
ASJC Scopus subject areas
- Electrical and Electronic Engineering