Amazon cover image
Image from Amazon.com

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

By: Material type: TextTextSeries: Quantitative approaches to decision making collectionPublisher: New York, New York (222 East 46th Street, New York, NY 10017) : Business Expert Press, [(c)2017.]Edition: Second editionDescription: 1 online resource (xiii, 148 pages) : illustrationsContent type:
  • text
Media type:
  • computer
Carrier type:
  • online resource
ISBN:
  • 9781631576058
Subject(s): Genre/Form: Additional physical formats: Print version:: No titleLOC classification:
  • HD30.23
Online resources: Available additional physical forms:
Contents:
1. What is decision analysis?: and why should I care? -- 2. How to start framing a DA problem: how can we work together? -- 3. The objectives hierarchy: what do we want? -- 4. Decisions and alternatives: what can we do? -- 5. Influence diagrams: what do we know? -- 6. Uncertainty assessment: the boundary between known and unknown -- 7. Building a deterministic model: time to run the numbers -- 8. Tornado diagrams: figuring out what is important -- 9. Cumulative probability: looking at the range of outcomes -- 10. Value of information: how much is it worth to know? -- 11. Multiattribute decision analysis: there's more to life than money -- 12. Decision quality: how well have we done? -- 13. Risk analysis: I want it cheap and I want it now -- 14. Other topics: more things to think about -- Notes -- References -- Index.
Abstract: Everybody has to make decisions--they are unavoidable. Yet we receive little or no education or training on how to make decisions. Decision making can be difficult, both in business (hiring, product development, capacity, bidding, balancing R&D versus compliance spending, et cetera) and your personal life (dating and marriage, which automobile or house to buy, whether to change jobs or not, where to vacation, retirement, how to deal with health problems, et cetera). Decision Analysis (DA) is a time-tested set of tools (mental frameworks) that will help you and people you work with: Clarify and reach alignment on goals and objectives, Understand trade-offs associated with reaching your 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. 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. Whether you are a business owner, a manager or team leader, or a senior professional, these tools will help you make better decisions in both your personal and your business life. In the second edition of Decision Analysis for Managers, chapters focusing on risk analysis and decision quality have been added.
Tags from this library: No tags from this library for this title. Log in to add tags.
Star ratings
    Average rating: 0.0 (0 votes)
Holdings
Item type Current library Collection Call number URL Status Date due Barcode
Online Book (LOGIN USING YOUR MY CIU LOGIN AND PASSWORD) Online Book (LOGIN USING YOUR MY CIU LOGIN AND PASSWORD) G. Allen Fleece Library ONLINE HD30.23 (Browse shelf(Opens below)) Link to resource Available BEP11380088
Online Book (LOGIN USING YOUR MY CIU LOGIN AND PASSWORD) Online Book (LOGIN USING YOUR MY CIU LOGIN AND PASSWORD) G. Allen Fleece Library Non-fiction HD30.23 (Browse shelf(Opens below)) Link to resource Available 11380088

1. What is decision analysis?: and why should I care? -- 2. How to start framing a DA problem: how can we work together? -- 3. The objectives hierarchy: what do we want? -- 4. Decisions and alternatives: what can we do? -- 5. Influence diagrams: what do we know? -- 6. Uncertainty assessment: the boundary between known and unknown -- 7. Building a deterministic model: time to run the numbers -- 8. Tornado diagrams: figuring out what is important -- 9. Cumulative probability: looking at the range of outcomes -- 10. Value of information: how much is it worth to know? -- 11. Multiattribute decision analysis: there's more to life than money -- 12. Decision quality: how well have we done? -- 13. Risk analysis: I want it cheap and I want it now -- 14. Other topics: more things to think about -- Notes -- References -- Index.

Access restricted to authorized users and institutions.

Everybody has to make decisions--they are unavoidable. Yet we receive little or no education or training on how to make decisions. Decision making can be difficult, both in business (hiring, product development, capacity, bidding, balancing R&D versus compliance spending, et cetera) and your personal life (dating and marriage, which automobile or house to buy, whether to change jobs or not, where to vacation, retirement, how to deal with health problems, et cetera). Decision Analysis (DA) is a time-tested set of tools (mental frameworks) that will help you and people you work with: Clarify and reach alignment on goals and objectives, Understand trade-offs associated with reaching your 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. 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. Whether you are a business owner, a manager or team leader, or a senior professional, these tools will help you make better decisions in both your personal and your business life. In the second edition of Decision Analysis for Managers, chapters focusing on risk analysis and decision quality have been added.

COPYRIGHT NOT covered - Click this link to request copyright permission:

https://lib.ciu.edu/copyright-request-form

Mode of access: World Wide Web.

System requirements: Adobe Acrobat reader.

Title from PDF title page (viewed on May 8, 2017).

There are no comments on this title.

to post a comment.