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Value-Added Decision Making for Managers

Medium: Buch
ISBN: 978-1-032-91851-8
Verlag: Taylor & Francis
Erscheinungstermin: 14.10.2024
Lieferfrist: bis zu 10 Tage

Developed from the authors’ longstanding course on decision and risk analysis, Value-Added Decision Making for Managers explores the important interaction between decisions and management action and clarifies the barriers to rational decision making. The authors analyze strengths and weaknesses of the best alternatives, enabling decision makers to improve on these alternatives by adding value and reducing risk.

The core of the text addresses decisions that involve selecting the best alternative from diverse choices. The decisions include buying a car, picking a supplier or home contractor, selecting a technology, picking a location for a manufacturing plant or sports stadium, hiring an employee or selecting among job offers, deciding on the size of a sales force, making a late design change, and sourcing to emerging markets. The book also covers more complex decisions arising in negotiations, strategy, and ethics that involve multiple dimensions simultaneously.

Numerous activities interspersed throughout the text highlight real-world situations, helping readers see how the concepts presented can be used in their own work environment or personal life. Each chapter also includes discussion questions and references.

Web Resource
The book’s website at http://ise.wayne.edu/research/decision.php offers tutorials of Logical Decisions software for multi-objective decisions and Precision Tree software for probabilistic decisions. Directions for downloading student versions of the DecisionTools Suite and Logical Decisions software can be found in the appendices. Password-protected PowerPoint presentations for each chapter and solutions to all of the numeric examples are available for instructors.


Produkteigenschaften


  • Artikelnummer: 9781032918518
  • Medium: Buch
  • ISBN: 978-1-032-91851-8
  • Verlag: Taylor & Francis
  • Erscheinungstermin: 14.10.2024
  • Sprache(n): Englisch
  • Auflage: 1. Auflage 2024
  • Produktform: Kartoniert
  • Gewicht: 1070 g
  • Seiten: 578
  • Format (B x H): 178 x 254 mm
  • Ausgabetyp: Kein, Unbekannt
Autoren/Hrsg.

Autoren

STRUCTURING HARD DECISIONS: The Case for a Structured Analytic Decision Process. Framing Decisions with Influence Diagrams. Common Decision Templates. DECISIONS WITH MULTIPLE OBJECTIVES: Structure Decisions with Multiple Objectives. Structured Trade-Offs for Multiple Objective Decisions: Multi-Attribute Utility Theory. Value and Risk Management for Multi-Objective Decisions. Multiple Objective Decisions with Limited Data: Analytical Hierarchy Process. DECISIONS AND MANAGEMENT UNDER UNCERTAINTY: Value-Added Risk-Management Framework and Strategies. Spreadsheet Simulation for Decisions with Uncertainty. Decisions with Uncertainty: Decision Trees. Structured Risk Management and the Value of Information and Delay. Risk Attitude and Utility Theory. CHALLENGES TO "RATIONAL" DECISIONS: Forecast Bias and Expert Interviews. Decision Bias. DECISIONS WITH MULTIPLE PERSPECTIVES: Value-Added Negotiations. Ethical Decisions. Strategic Direction, Planning, and Decision Making. Appendices. Index.