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Decision analysis is the discipline comprised of the philosophy, theory, methodology, and professional practice necessary to address important decisions in a formal manner. The field includes many procedures, methods, and tools for identifying, clearly representing, and formally assessing the important aspects of a decision situation. Managers, especially those in a technical environment, regularly face complex decisions involving uncertainty and multiple objectives. Often the decision contexts cross organizational boundaries and require various sources of expertise. Experience in conjunction…mehr

Produktbeschreibung
Decision analysis is the discipline comprised of the philosophy, theory, methodology, and professional practice necessary to address important decisions in a formal manner. The field includes many procedures, methods, and tools for identifying, clearly representing, and formally assessing the important aspects of a decision situation. Managers, especially those in a technical environment, regularly face complex decisions involving uncertainty and multiple objectives. Often the decision contexts cross organizational boundaries and require various sources of expertise. Experience in conjunction with some analysis and intuition may be a popular decision approach; however, these qualities do not lend themselves to the logic behind the decision. Formal decision analysis, by providing powerful tools for addressing complex decisions that involve uncertainty and multiple objectives, allows the practitioner to approach any decision in a systematic way, enabling the identification and assessment of the factors influencing the outcome-- Provided by publisher.
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Autorenporträt
Gregory S. Parnell, PhD, is a Professor of Practice in the Department of Industrial Engineering at the University of Arkansas in Fayetteville, AR. Terry Bresnick, MBA, is President of Innovative Decision Analysis, and Lecturer in the Department of Industrial Engineering at the University of Arkansas. Steven N. Tani, PhD, is a retired Partner and Fellow of Strategic Decisions Group. Eric R. Johnson, PhD, is Director of Decision Science at GSK, where he supports drug development decision making. Eric Specking, PhD, is a Principal Engineer for Infinity Labs and a Lecturer in the College of Engineering at the University of Arkansas in Fayetteville, AR.