'Quantitative decision' presentation slideshows

428 views • 37 slides

Chapter 5: Decision-making Concepts

Chapter 5: Decision-making Concepts. Quantitative Decision Making with Spreadsheet Applications 7 th ed. By Lapin and Whisler Sec 5.5 : Other Decision Criteria Sec 5.6: Opportunity Loss and the Expected Value of Perfect Information. The Maximin Payoff Criterion.

486 views • 23 slides

Chapter 8

Chapter 8. Fundamentals of Decision Making. Learning Objectives. State the conditions under which individuals make decisions. Describe the characteristics of routine, adaptive, and innovative decisions. Explain the three basic models of decision making.

394 views • 15 slides

Alliance One 24 February 2007

Alliance One 24 February 2007. Predicting the Future. Intuitive Decision Making Quantitative Decision Making. Maximax. The Optimistic Approach. Maximin. The Conservative Approach. Expected Monetary Value. The Balanced Approach. Expected Monetary Value. The Balanced Approach.

198 views • 9 slides