EVALUATION AND SELECTION OF VARIANTS OF LOGISTICS PROJECTS

Abstract

Nowadays, every planning entity inevitably confronts certain problems of decision-making, firstly, because there is offered a wide range of alternatives in every field, and secondly, as the need for choosing such solutions that provide the necessary effectiveness as a basic condition of survival and further development on the market. In approaching the planning problem, it is very important to put emphasis on structuring the whole so as not to lose the overview of the situation as the starting point for making an optimal decision, and, also, facilitating the approach to solving the entire planning process. The conventional approach to planning for variant selection has long been based exclusively on cost comparison. In complex problems, this approach is not sufficient because all aspects cannot be expressed in monetary terms, thereby objectivity is jeopardized due to the significant impact of qualitative aspects of the problem. The basic problem of decision-making is, despite the multidimensionality in realistic conditions, the reduction of the whole into a certain structure. This step first includes the choice of objects i.e. potential variant solutions. If there is choosing one of several variants, ideally, the process is differentiated into the following steps: determining the criteria for the observed variants; description and presentation of variants (determining the degree of satisfaction of certain criteria); comparison of observed variants and their evaluation; and choice of one of the variants. The paper emphasizes some valuation methods that are not used, or they are used rarely, in Serbia and surrounding countries, although they are important because they give good results and are reliable in choosing the variant of logistic projects.