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001 978-3-031-11280-5
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008 220921s2022 sz | s |||| 0|eng d
020 _a9783031112805
_9978-3-031-11280-5
024 7 _a10.1007/978-3-031-11280-5
_2doi
050 4 _aT57.6-.97
072 7 _aKJT
_2bicssc
072 7 _aKJMD
_2bicssc
072 7 _aBUS049000
_2bisacsh
072 7 _aKJT
_2thema
072 7 _aKJMD
_2thema
082 0 4 _a658,403
_223
100 1 _aBresnick, Terry.
_eauthor.
_4aut
_4http://id.loc.gov/vocabulary/relators/aut
_988250
245 1 0 _aInnovative Decision-Making Techniques
_h[electronic resource] :
_bA FOCCUSSED Approach /
_cby Terry Bresnick, Omar Periu.
250 _a1st ed. 2022.
264 1 _aCham :
_bSpringer International Publishing :
_bImprint: Springer,
_c2022.
300 _aXVII, 150 p. 32 illus., 13 illus. in color.
_bonline resource.
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _atext file
_bPDF
_2rda
490 1 _aSynthesis Lectures on Operations Research and Applications,
_x2770-6311
505 0 _aIntroduction -- Framing the Decision -- Understanding Objectives and Values -- Creating Choices -- Identifying Consequences -- Incorporating Uncertainty -- Making Swaps and Trade-offs -- Selecting Solutions -- Eliciting Data: Making Your Decision-Making Processes More Productive -- Disseminating and Communicating Your Decisions -- FOCCUSSED Decision Making Wrap-Up.
520 _aThis book provides a blend of quantitative and qualitative approaches to decision making, while also bridging the gap between the theory of how to make good decisions versus how people actually make decisions. The authors present the tools and techniques of decision analysis to learn how to become a FOCCUSSED decision maker: Identify and properly Frame the decision or problem at hand Specify the goals, Objectives, and values that you are trying to achieve Develop creative, meaningful Choices from among which you can choose Evaluate the Consequences of selecting each alternative using your goals, objectives, and values Think about the key Uncertainties that could impact the decision Understand the Swaps and trade-offs that you are willing to make Develop an approach for implementing your Solution Elicit the data you'll need from a variety of sources and Disseminate and communicate yourdecisions to others. The authors define a decision as the choice among alternatives, based on how we value and trade-off their pros and cons, made in the face of uncertainty about what will actually happen. The decision-making process is presented as having three pillars to support the decision maker: Preferences-what we prefer, what meets our goals and objectives, and the recognition that preferences are personal to the one making the decision; Alternatives-the choices, options, or courses of action that we have, and over which we have some degree of control; and Information-what we know about the situation, what we don't know, how we connect choices to outcomes, and how we deal with uncertainty. Key components of good decision-making include how to define your goals and objectives, how to incorporate uncertainties that we all face, and how to develop better alternatives, all of which are discussed. Sophisticated techniques are presented ina way that is accessible to the average decision maker. Probability theory is utilized to improve decisions, and uncertainties are captured in decision trees. Risk avoidance, risk transfer, and risk mitigation are also discussed. Readers will gain a clear understanding of how to articulate the goals and objectives that should be the focal point of any decision.
650 0 _aOperations research.
_912218
650 0 _aBusiness.
_95005
650 0 _aManagement science.
_98316
650 0 _aProduction management.
_99536
650 0 _aProbabilities.
_94604
650 1 4 _aOperations Research and Decision Theory.
_931599
650 2 4 _aBusiness and Management.
_940061
650 2 4 _aOperations Management.
_931773
650 2 4 _aProbability Theory.
_917950
700 1 _aPeriu, Omar.
_eauthor.
_4aut
_4http://id.loc.gov/vocabulary/relators/aut
_988254
710 2 _aSpringerLink (Online service)
_988256
773 0 _tSpringer Nature eBook
776 0 8 _iPrinted edition:
_z9783031112799
776 0 8 _iPrinted edition:
_z9783031112812
776 0 8 _iPrinted edition:
_z9783031112829
830 0 _aSynthesis Lectures on Operations Research and Applications,
_x2770-6311
_988257
856 4 0 _uhttps://doi.org/10.1007/978-3-031-11280-5
912 _aZDB-2-SXSC
942 _cEBK
999 _c86223
_d86223