Decision Making Under Uncertainty
Author | : David E. Bell |
Publisher | : Thomson South-Western |
Total Pages | : 228 |
Release | : 1995 |
ISBN-10 | : UOM:39015051990615 |
ISBN-13 | : |
Rating | : 4/5 ( Downloads) |
Download or read book Decision Making Under Uncertainty written by David E. Bell and published by Thomson South-Western. This book was released on 1995 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: These authors draw on nearly 50 years of combined teaching and consulting experience to give readers a straightforward yet systematic approach for making estimates about the likelihood and consequences of future events -- and then using those assessments to arrive at sound decisions. The book's real-world cases, supplemented with expository text and spreadsheets, help readers master such techniques as decision trees and simulation, such concepts as probability, the value of information, and strategic gaming; and such applications as inventory stocking problems, bidding situations, and negotiating.