Multi-objective decision analysis : managing trade-offs and uncertainty / / Clinton W. Brownley.

• Superior document: Quantitative approaches to decision making collection,
• Author: Brownley, Clinton W.
• Year of Publication: 2013
• Edition: 1st ed.
• Language: English
• Series: 2013 digital library.; Quantitative approaches to decision making collection.
• Physical Description: 1 electronic text (x, 160 p.) :; digital file.
• Notes: Part of: 2013 digital library.

Whether managing strategy, operations, or products, making the best decision in a complex, uncertain business environment is challenging. One of the major difficulties facing decision makers is that they often have multiple, competing objectives, which means trade-offs will need to be made. To furth...

Table of Contents

• Acknowledgments
• 1. Introduction to multiobjective decision analysis
• 2. Structuring objectives and developing alternatives
• 3. Value functions and preference weights
• 4. Uncertainty: probability distributions and expected value
• 5. Uncertainty: risk tolerance and expected utility
• 6. Multiobjective decision analysis under uncertainty
• 7. Conclusion
• Notes
• References
• Index.