15-1 COMPLETE BUSINESS STATISTICS by AMIR D. ACZEL & JAYAVEL SOUNDERPANDIAN 6 th edition (SIE)
© 2008 Prentice-Hall, Inc. Decision Analysis. © 2009 Prentice-Hall, Inc. 3 – 2 Decision Trees decision tree Any problem that can be presented in a decision.
Session 6a. Decision Models -- Prof. Juran2 Overview Multiple Objective Optimization Two Dimensions More than Two Dimensions Finance and HR Examples Efficient.
BAM! Business Analysis Methodologies. Change-driven or Plan-driven?
Chapter 3 Decision Analysis. Learning Objectives 1.List the steps of the decision-making process 2.Describe the types of decision-making environments.
CD-ROM Chapter 17 Introduction to Decision Analysis.
1 6.1 Introduction to Decision Analysis The field of decision analysis provides a framework for making important decisions. Decision analysis allows us.
Chapter 3 Decision Analysis. Decision Theory Decision theory is the analytic and systematic approach for making the best decision.
Chapter 3 Decision Analysis. The Six Steps in Decision Making 1.Clearly define the problem at hand 2.List the possible alternatives 3.Identify the possible.
Decision Analysis. What is Decision Analysis? The process of arriving at an optimal strategy given: –Multiple decision alternatives –Uncertain future.
Chapter 4 Decision Analysis. Chapter 4 Decision Analysis n n Problem Formulation n n Decision Making without Probabilities n n Decision Making with Probabilities.
1 OM2, Supp. Ch. E. Decision Analysis ©2010 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible.