Decision analysis ppt @ bec doms
Economics of Information (ECON3016) Review of decision theory under uncertainty.
Decision making under uncertainty 1. 1.Components of decision making 2.Criteria for decision making 3.Utility theory 4.Decision trees 5.Posterior probabilities.
Project Scheduling Probabilistic PERT. PERT Probability Approach to Project Scheduling Activity completion times are seldom known with cetainty. PERTPERT.
PSYCHOLOGY OF DECISION MAKING Classical theories, Nov 5, 2011.
CD-ROM Chapter 17 Introduction to Decision Analysis.
OPSM 639, C. Akkan1 Defining Risk Risk is –the undesirable events, their chances of occurring and their consequences. Some risk can be identified before.
Chapter 13 Decision Making Under Uncertainty to accompany Operations Research: Applications and Algorithms 4th edition by Wayne L. Winston Copyright (c)
CS 589 Information Risk Management 23 January 2007.
CD-ROM Chap 14-1 A Course In Business Statistics, 4th © 2006 Prentice-Hall, Inc. A Course In Business Statistics 4 th Edition CD-ROM Chapter 14 Introduction.
Chapter 3: DECISION ANALYSIS Part 2 1. Decision Making Under Risk Probabilistic decision situation States of nature have probabilities of occurrence.
Decision making Under Uncertainty