ERP Investment under Uncertainty: A Weighted Fuzzy Real Option Approach

• Main Authors: Wei-min Ting, 丁偉民
• Other Authors: none
• Format: Others
• Language: en_US
• Online Access: http://ndltd.ncl.edu.tw/handle/80110210047621667700

碩士 === 國立雲林科技大學 === 資訊管理系碩士班 === 92 === ERP investment is an important issue in information technology investment. It will cause heavy damage if without good decision. Traditional approaches are very difficult to make decision better when an investment project is under uncertainty. However, there is a new approach which calls fuzzy real option. In this study, we are not just evaluating by fuzzy real option. Furthermore, we modify the model which inspires us from Robert and Peter (2003). The new model named “weighted fuzzy real option”. In this study, we show weighted fuzzy real option is more powerful than fuzzy real option. Thus, we consider managers can deal with the uncertainty and accommodate more risk factors by weighted fuzzy real option.