'Maximax' presentation slideshows

Decision making under uncertainty

2.69k views • 39 slides

Decision Making Under Uncertainty and Under Risk

Decision Making Under Uncertainty and Under Risk. Elements of Decision Problems. Objectives Decisions Uncertain Events Consequences. The Six Steps in Decision Making. Clearly define the problem at hand List the possible alternatives Identify the possible outcomes or states of nature

3.82k views • 29 slides

Fundamentals of Decision Theory Models

Fundamentals of Decision Theory Models. Deciding Between Job Offers. Company A In a new industry that could boom or bust. Low starting salary, but could increase rapidly. Located near friends, family and favorite sports team . Company B

404 views • 24 slides

DECISION ANALYSIS

OM2. SUPPLEMENTARY CHAPTER E. DECISION ANALYSIS. DAVID A. COLLIER AND JAMES R. EVANS. Supplemental Chapter E Learning Outcomes. l e a r n i n g o u t c o m e s.

493 views • 21 slides