Decision Analysis for Managers : A Guide for Making Better Personal and Business Decisions.

By: Charlesworth, DavidMaterial type: TextTextPublisher: New York : Business Expert Press, 2013Copyright date: ©2013Description: 1 online resource (150 pages)Content type: text Media type: computer Carrier type: online resourceISBN: 9781606494899Subject(s): business decision making | decision analysis | decision and risk analysis (D&RA) | Decision making | making decisions | personal decision making | trade-offsGenre/Form: Electronic books.Additional physical formats: Print version:: Decision Analysis for Managers : A Guide for Making Better Personal and Business DecisionsDDC classification: 658.403 LOC classification: HD30.23 -- .C423 2013Online resources: Click to View
Contents:
Intro -- Contents -- Acknowledgments -- Preface -- CHAPTER 1. What Is Decision Analysis?: And Why Should I Care? -- CHAPTER 2. How to Start Framing a DA Problem: How Can We Work Together? -- CHAPTER 3. The Objectives Hierarchy: What Do We Want? -- CHAPTER 4. Decisions and Alternatives: What Can We Do? -- CHAPTER 5. Influence Diagrams: What Do We Know? -- CHAPTER 6. Uncertainty Assessment: The Boundary Between Knownand Unknown -- CHAPTER 7. Building a Deterministic Model: Time to Run the Numbers -- CHAPTER 8. Tornado Diagrams: Figuring Out What Is Important -- CHAPTER 9. Cumulative Probability: Looking at the Range of Outcomes -- CHAPTER 10. Value of Information: How Much Is It Worth to Know? -- CHAPTER 11. Multiattribute Decision Analysis: There's More to Life than Money -- CHAPTER 12. Other Topics: More Things to Think About -- Notes -- References -- Index.
Summary: 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 dif_ cult: which people to hire, which product lines or facilities to expand and which to sell or shut down, which bid or proposal to accept, which process to implement, how much R&D to invest in, which environmental projects should receive the highest priority, etc. This book gives you all the tools you need to… clarify and reach alignment on goals and objectives and understand trade-offs in reaching those goals, develop and examine alternatives, systematically analyze the effects of risk and uncertainty, and maximize the chances of achieving your goals and objectives. Success (getting what you want) depends on luck and good decision making. You can't control your luck, but you can maximize your odds by making the best possible decisions, and this book gets you there. Broadly speaking, this book organizes and presents otherwise formal decision-making tools in an intuitively understandable fashion. The presentation is informal, but the concepts and tools are research-based and formally accepted.
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Intro -- Contents -- Acknowledgments -- Preface -- CHAPTER 1. What Is Decision Analysis?: And Why Should I Care? -- CHAPTER 2. How to Start Framing a DA Problem: How Can We Work Together? -- CHAPTER 3. The Objectives Hierarchy: What Do We Want? -- CHAPTER 4. Decisions and Alternatives: What Can We Do? -- CHAPTER 5. Influence Diagrams: What Do We Know? -- CHAPTER 6. Uncertainty Assessment: The Boundary Between Knownand Unknown -- CHAPTER 7. Building a Deterministic Model: Time to Run the Numbers -- CHAPTER 8. Tornado Diagrams: Figuring Out What Is Important -- CHAPTER 9. Cumulative Probability: Looking at the Range of Outcomes -- CHAPTER 10. Value of Information: How Much Is It Worth to Know? -- CHAPTER 11. Multiattribute Decision Analysis: There's More to Life than Money -- CHAPTER 12. Other Topics: More Things to Think About -- Notes -- References -- Index.

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 dif_ cult: which people to hire, which product lines or facilities to expand and which to sell or shut down, which bid or proposal to accept, which process to implement, how much R&D to invest in, which environmental projects should receive the highest priority, etc. This book gives you all the tools you need to… clarify and reach alignment on goals and objectives and understand trade-offs in reaching those goals, develop and examine alternatives, systematically analyze the effects of risk and uncertainty, and maximize the chances of achieving your goals and objectives. Success (getting what you want) depends on luck and good decision making. You can't control your luck, but you can maximize your odds by making the best possible decisions, and this book gets you there. Broadly speaking, this book organizes and presents otherwise formal decision-making tools in an intuitively understandable fashion. The presentation is informal, but the concepts and tools are research-based and formally accepted.

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Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2018. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.

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