Decision and Prediction Analysis Powered With Operations Research

Decision and Prediction Analysis Powered With Operations Research
Author: Vojo Bubevski (Author)
ASIN ‏ : ‎ B0D7VW821Z
Publisher finelybook 出版社: IGI Global
Publication Date 出版日期: 2024-07-16
Language 语言: English
Print Length 页数: 304 pages
ISBN-13: 9798369341797


Book Description
By finelybook

Organizations today face complex decisions and uncertainties that can have a profound impact on their financial stability and strategic direction. Traditional decision-making methods often fall short when it comes to addressing multifaceted issues like financing, product manufacturing, and facility location. These challenges demand a robust framework that quantifies factors, assesses risks, and provides optimal solutions. Without advanced tools and techniques, businesses are at risk of making uninformed decisions that could lead to significant financial losses and missed opportunities. The urgency to equip yourself with these tools is clear. Decision and Prediction Analysis Powered With Operations Research offers a comprehensive solution to these challenges. This book integrates operations research techniques to reframe and solve complex business problems. It provides a detailed exploration of decision analysis tools, such as influence diagrams and decision trees, which help visualize and assess various decision scenarios. By applying these tools, organizations can better understand uncertainties, evaluate risks, and make decisions that maximize expected utility and achieve strategic objectives. Amazon page

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