Decision analysis for managers a guide for making better personal and business decisions /
Everybody has to make decisions--they are unavoidable. Yet we receive little or no education or training on how to make decisions. Business decisions can be difficult: which people to hire, which product lines or facilities to expand and which to sell or shut down, which bid or proposal to accept, w...
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| Main Author: | |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
[New York, N.Y.] (222 East 46th Street, New York, NY 10017) :
Business Expert Press,
2013.
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| Edition: | 1st ed. |
| Series: | 2013 digital library.
Quantitative approaches to decision making collection. |
| Subjects: | |
| Online Access: | An electronic book accessible through the World Wide Web; click to view |
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Table of Contents:
- Acknowledgments
- Preface
- What is decision analysis? And why should I care?
- How to start framing a DA problem: how can we work together?
- The objectives hierarchy: what do we want?
- Decisions and alternatives: what can we do?
- Influence diagrams: what do we know?
- Uncertainty assessment: the boundary between known and unknown
- Building a deterministic model: time to run the numbers
- Tornado diagrams: figuring out what is important
- Cumulative probability: looking at the range of outcomes
- Value of information: how much is it worth to know?
- Multiattribute decision analysis: there's more to life than money
- Other topics: more things to think about
- Notes
- References
- Index.