Multi-objective decision analysis: managing trade-offs and uncertainty
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| Main Author: | |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
New York, NY
Business Expert Press
2013
|
| Edition: | First edition |
| Series: | Quantitative approaches to decision making collection
|
| Subjects: | |
| Online Access: | TUM01 Volltext |
| Item Description: | Serientitel auf der Rückseite der Titelseite: Business Expert Press Quantative approaches to decision making collection |
| Physical Description: | 1 Online-Ressource (x, 160 Seiten) |
| ISBN: | 1606494538 9781606494523 9781606494530 |
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| 245 | 1 | 0 | |a Multi-objective decision analysis |b managing trade-offs and uncertainty |c Clinton W. Brownley |
| 250 | |a First edition | ||
| 264 | 1 | |a New York, NY |b Business Expert Press |c 2013 | |
| 300 | |a 1 Online-Ressource (x, 160 Seiten) | ||
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| 490 | 0 | |a Quantitative approaches to decision making collection | |
| 500 | |a Serientitel auf der Rückseite der Titelseite: Business Expert Press Quantative approaches to decision making collection | ||
| 505 | 8 | |a Includes bibliographical references (p. [151]-155) and index | |
| 505 | 8 | |a 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 | |
| 505 | 8 | |a 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 further complicate matters, uncertainty in the business environment makes it hard to explicitly understand how different objectives will impact potential outcomes. Fortunately, these problems can be solved with a structured framework for multiobjective decision analysis that measures trade-offs among objectives and incorporates uncertainties and risk preferences. This book is designed to help decision makers by providing such an analysis framework implemented as a simple spreadsheet tool. This framework helps structure the decision-making process by identifying what information is needed in order to make the decision, defining how that information should be combined to make the decision, and, finally, providing quantifiable evidence to clearly communicate and justify the final decision. The process itself involves minimal overhead and is perfect for busy professionals who need a simple, structured process for making, tracking, and communicating decisions. With this process, decision making is made more efficient by focusing only on information and factors that are well defined, measureable, and relevant to the decision at hand. The clear characterization of the decision required by the framework ensures that a decision can be traced and is consistent with the intended objectives and organizational values. Using this structured decision-making framework, anyone can effectively and consistently make better decisions to gain a competitive and strategic advantage | |
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| author | Brownley, Clinton W. |
| author_GND | (DE-588)1043220666 |
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| contents | Includes bibliographical references (p. [151]-155) and index 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 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 further complicate matters, uncertainty in the business environment makes it hard to explicitly understand how different objectives will impact potential outcomes. Fortunately, these problems can be solved with a structured framework for multiobjective decision analysis that measures trade-offs among objectives and incorporates uncertainties and risk preferences. This book is designed to help decision makers by providing such an analysis framework implemented as a simple spreadsheet tool. This framework helps structure the decision-making process by identifying what information is needed in order to make the decision, defining how that information should be combined to make the decision, and, finally, providing quantifiable evidence to clearly communicate and justify the final decision. The process itself involves minimal overhead and is perfect for busy professionals who need a simple, structured process for making, tracking, and communicating decisions. With this process, decision making is made more efficient by focusing only on information and factors that are well defined, measureable, and relevant to the decision at hand. The clear characterization of the decision required by the framework ensures that a decision can be traced and is consistent with the intended objectives and organizational values. Using this structured decision-making framework, anyone can effectively and consistently make better decisions to gain a competitive and strategic advantage |
| ctrlnum | (OCoLC)840921132 (DE-599)BVBBV042740526 |
| dewey-full | 658.4/03 |
| dewey-hundreds | 600 - Technology (Applied sciences) |
| dewey-ones | 658 - General management |
| dewey-raw | 658.4/03 |
| dewey-search | 658.4/03 |
| dewey-sort | 3658.4 13 |
| dewey-tens | 650 - Management and auxiliary services |
| discipline | Wirtschaftswissenschaften |
| edition | First edition |
| format | Electronic eBook |
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| id | DE-604.BV042740526 |
| illustrated | Not Illustrated |
| indexdate | 2024-07-10T07:08:36Z |
| institution | BVB |
| isbn | 1606494538 9781606494523 9781606494530 |
| language | English |
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| spelling | Brownley, Clinton W. Verfasser (DE-588)1043220666 aut Multi-objective decision analysis managing trade-offs and uncertainty Clinton W. Brownley First edition New York, NY Business Expert Press 2013 1 Online-Ressource (x, 160 Seiten) txt rdacontent c rdamedia cr rdacarrier Quantitative approaches to decision making collection Serientitel auf der Rückseite der Titelseite: Business Expert Press Quantative approaches to decision making collection Includes bibliographical references (p. [151]-155) and index 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 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 further complicate matters, uncertainty in the business environment makes it hard to explicitly understand how different objectives will impact potential outcomes. Fortunately, these problems can be solved with a structured framework for multiobjective decision analysis that measures trade-offs among objectives and incorporates uncertainties and risk preferences. This book is designed to help decision makers by providing such an analysis framework implemented as a simple spreadsheet tool. This framework helps structure the decision-making process by identifying what information is needed in order to make the decision, defining how that information should be combined to make the decision, and, finally, providing quantifiable evidence to clearly communicate and justify the final decision. The process itself involves minimal overhead and is perfect for busy professionals who need a simple, structured process for making, tracking, and communicating decisions. With this process, decision making is made more efficient by focusing only on information and factors that are well defined, measureable, and relevant to the decision at hand. The clear characterization of the decision required by the framework ensures that a decision can be traced and is consistent with the intended objectives and organizational values. Using this structured decision-making framework, anyone can effectively and consistently make better decisions to gain a competitive and strategic advantage BUSINESS & ECONOMICS / Decision-Making & Problem Solving bisacsh Wirtschaft Decision making http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=561997 Aggregator Volltext |
| spellingShingle | Brownley, Clinton W. Multi-objective decision analysis managing trade-offs and uncertainty Includes bibliographical references (p. [151]-155) and index 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 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 further complicate matters, uncertainty in the business environment makes it hard to explicitly understand how different objectives will impact potential outcomes. Fortunately, these problems can be solved with a structured framework for multiobjective decision analysis that measures trade-offs among objectives and incorporates uncertainties and risk preferences. This book is designed to help decision makers by providing such an analysis framework implemented as a simple spreadsheet tool. This framework helps structure the decision-making process by identifying what information is needed in order to make the decision, defining how that information should be combined to make the decision, and, finally, providing quantifiable evidence to clearly communicate and justify the final decision. The process itself involves minimal overhead and is perfect for busy professionals who need a simple, structured process for making, tracking, and communicating decisions. With this process, decision making is made more efficient by focusing only on information and factors that are well defined, measureable, and relevant to the decision at hand. The clear characterization of the decision required by the framework ensures that a decision can be traced and is consistent with the intended objectives and organizational values. Using this structured decision-making framework, anyone can effectively and consistently make better decisions to gain a competitive and strategic advantage BUSINESS & ECONOMICS / Decision-Making & Problem Solving bisacsh Wirtschaft Decision making |
| title | Multi-objective decision analysis managing trade-offs and uncertainty |
| title_auth | Multi-objective decision analysis managing trade-offs and uncertainty |
| title_exact_search | Multi-objective decision analysis managing trade-offs and uncertainty |
| title_full | Multi-objective decision analysis managing trade-offs and uncertainty Clinton W. Brownley |
| title_fullStr | Multi-objective decision analysis managing trade-offs and uncertainty Clinton W. Brownley |
| title_full_unstemmed | Multi-objective decision analysis managing trade-offs and uncertainty Clinton W. Brownley |
| title_short | Multi-objective decision analysis |
| title_sort | multi objective decision analysis managing trade offs and uncertainty |
| title_sub | managing trade-offs and uncertainty |
| topic | BUSINESS & ECONOMICS / Decision-Making & Problem Solving bisacsh Wirtschaft Decision making |
| topic_facet | BUSINESS & ECONOMICS / Decision-Making & Problem Solving Wirtschaft Decision making |
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