Analysis of Risky Decisions
Posted by Armando Brito Mendes | Filed under Investigação Operacional, materiais ensino
Analysis of Risky Decisions
Making decisions is certainly the most important task of a manager and it is often a very difficult one. This site offers a decision making procedure for solving complex problems step by step.It presents the decision-analysis process for both public and private decision-making, using different decision criteria, different types of information, and information of varying quality. It describes the elements in the analysis of decision alternatives and choices, as well as the goals and objectives that guide decision-making. The key issues related to a decision-maker’s preferences regarding alternatives, criteria for choice, and choice modes, together with the risk assessment tools are also presented.
Tags: intro IO
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