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Decision-Making Management

Decision-Making Management

A Tutorial and Applications

by Fausto Pedro Garcia Marquez and Alberto Pliego Marugan
Paperback
Publication Date: 01/09/2017

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Decision-Making Management: A Tutorial and Applications provides practical guidance for researchers seeking to optimizing business-critical decisions employing Logical Decision Trees thus saving time and money. The book focuses on decision-making and resource allocation across and between the manufacturing, product design and logistical functions. It demonstrates key results for each sector with diverse real-world case studies drawn primarily from EU projects. Theory is accompanied by relevant analysis techniques, with a progressional approach building from simple theory to complex and dynamic decisions with multiple data points, including big data and lot of data. Binary Decision Diagrams are presented as the operating approach for evaluating large Logical Decision Trees, helping readers identify Boolean equations for quantitative analysis of multifaceted problem sets. Computational techniques, dynamic analysis, probabilistic methods, and mathematical optimization techniques are expertly blended to support analysis of multi-criteria decision-making problems with defined constraints and requirements. The final objective is to optimize dynamic decisions with original approaches employing useful tools, including Big Data analysis. Extensive annexes provide useful supplementary information for readers to follow methods contained in the book.

ISBN:
9780128115404
9780128115404
Category:
Economics
Format:
Paperback
Publication Date:
01-09-2017
Language:
English
Publisher:
Elsevier Science & Technology Books
Country of origin:
United States
Dimensions (mm):
228.6x152.4mm

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