2. Decision making process
Figure 1. Decision Making in energy field
Example of Management
Decision Making in energy field
Management Accouting
System
Financial
representation
of plans based
PLANIFICARE
ncrease tarrifs in middle voltage
with 3%
Identify the problem - increase revenues
Obtain information
Make predictions about the future
Make a decision among alternatives
I
CONTROL
Implementing decision
Increase tarrifs in
middle voltage
with 3% starting next
year
EVALUATE
PERFORMANCE
Implementing decision
Budgets based on statistc
informarmation
Estimations regarding
revenues
Accounting System
Information from source
documents, recording in
general and subsidiary
ledgers
Recording
transactions
and classifying
them in
accounting
recorsI
PERFORMANCE
REPORTS
Comparing actual with
budgets
Reports
comparing
actual results
to budgets
Learning
INFORMATION