Decision analysis for managers : a guide for making better personal and business decisions / / David Charlesworth.

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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Bibliographic Details
Superior document:Quantitative approaches to decision making collection,
:
Year of Publication:2013
Edition:1st ed.
Language:English
Series:2013 digital library.
Quantitative approaches to decision making collection.
Online Access:
Physical Description:1 electronic text (x, 134 p.) :; digital file.
Notes:Part of: 2013 digital library.
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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.