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Record Nr. |
UNINA9910779579003321 |
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Autore |
Charlesworth David |
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Titolo |
Decision analysis for managers [[electronic resource] ] : a guide for making better personal and business decisions / / David Charlesworth |
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Pubbl/distr/stampa |
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[New York, N.Y.] (222 East 46th Street, New York, NY 10017), : Business Expert Press, 2013 |
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ISBN |
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1-299-35598-6 |
1-60649-489-9 |
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Edizione |
[1st ed.] |
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Descrizione fisica |
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1 online resource (150 p.) |
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Collana |
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Quantitative approaches to decision making collection, , 2163-9582 |
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Disciplina |
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Soggetti |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Part of: 2013 digital library. |
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Nota di bibliografia |
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Includes bibliographical references (p. [129]) and index. |
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Nota di contenuto |
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Acknowledgments -- Preface -- What is decision analysis? And why should I care? -- How to start framing a DA problem: how can we work together? -- The objectives hierarchy: what do we want? -- Decisions and alternatives: what can we do? -- Influence diagrams: what do we know? -- Uncertainty assessment: the boundary between known and unknown -- Building a deterministic model: time to run the numbers -- Tornado diagrams: figuring out what is important -- Cumulative probability: looking at the range of outcomes -- Value of information: how much is it worth to know? -- Multiattribute decision analysis: there's more to life than money -- Other topics: more things to think about -- Notes -- References -- Index. |
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Sommario/riassunto |
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Everybody has to make decisions--they are unavoidable. Yet we receive little or no education or training on how to make decisions. Business decisions can be difficult: which people to hire, which product lines or facilities to expand and which to sell or shut down, which bid or proposal to accept, which process to implement, how much R&D to invest in, which environmental projects should receive the highest priority, and so on. Even if you make the correct decision, you still have to get buy-in and commitment from your team, other management, and key stakeholders to successfully implement the decision. Personal decisions can be even more difficult: which college to attend, who to date, who to marry, which automobile to buy, which house to buy, |
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whether to change jobs or not, where to go on vacation, when and where to retire, how to handle and treat a serious illness or health problem, and so on. Decision analysis (DA) is a time-tested set of tools (mental frameworks) which will help you and the teams you work with clarify and reach alignment on goals and objectives and understand trade-offs in reaching those goals, develop and examine alternatives, systematically analyze the effects of risk and uncertainty, and maximize the chances of achieving your goals and objectives. |
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