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Multi-objective decision analysis managing trade-offs and uncertainty /

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...

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Bibliographic Details
Main Author: Brownley, Clinton W.
Format: Electronic eBook
Language:English
Published: [New York, N.Y.] (222 East 46th Street, New York, NY 10017) : Business Expert Press, 2013.
Edition:1st ed.
Series:2013 digital library.
Quantitative approaches to decision making collection.
Subjects:
Multiple criteria decision making.
decision making
decision analysis
decision modeling
strategic decisions
business decisions
how to decide
trade-offs
multiobjective
values
weights
value functions
objectives
measures
alternatives
uncertainty
probability
discrete
continuous
linear
exponential
expected value
utility
expected utility
risk tolerance
certainty equivalents
Electronic books.
Online Access:Click to View
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.

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