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Author : Fausto Pedro García Márquez
Publisher : Unknown
Page : 128 pages
File Size : 51,7 Mb
Release : 2020
Category : Decision making
ISBN : 1838807640
Author : Fausto Pedro García Márquez
Publisher : BoD – Books on Demand
Page : 247 pages
File Size : 53,5 Mb
Release : 2020-03-04
Category : Business & Economics
ISBN : 9781838800994
Application of Decision Science in Business and Management is a book where each chapter has been contributed by a different author(s). The chapters introduce and demonstrate a decision-making theory to practice case studies. It demonstrates key results for each sector with diverse real-world case studies. Theory is accompanied by relevant analysis techniques, with a progressive approach building from simple theory to complex and dynamic decisions with multiple data points, including big data, lot of data, etc. 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 book provides an interface between the main disciplines of engineering/technology and the organizational, administrative, and planning abilities of decision making. It is complementary to other sub-disciplines such as economics, finance, marketing, decision and risk analysis, etc.
Author : Taosheng Wang,Srikanta Patnaik,Wu Chun Ho Jack,Maria Leonilde Rocha Varela
Publisher : Springer Nature
Page : 617 pages
File Size : 52,9 Mb
Release : 2022-09-07
Category : Technology & Engineering
ISBN : 9789811927683
This book covers research trends of data science and management involving cutting edge technologies and novel research directions from diverse fields of industries, business and government sectors. It involves usage of various advanced tools and techniques for understanding different data collected at the grassroot level to generate actionable insights for making crucial decisions. This book aims to serve as a reference book for researchers in the area of decision science for management. It covers alternative solutions with innovative ideas and issues from different fields of business management.
Author : Taosheng Wang,Srikanta Patnaik,Wu Chun Ho Jack,Maria Leonilde Rocha Varela
Publisher : Unknown
Page : 0 pages
File Size : 44,8 Mb
Release : 2023
Category : Electronic
ISBN : 9811927693
This book covers research trends of data science and management involving cutting edge technologies and novel research directions from diverse fields of industries, business and government sectors. It involves usage of various advanced tools and techniques for understanding different data collected at the grassroot level to generate actionable insights for making crucial decisions. This book aims to serve as a reference book for researchers in the area of decision science for management. It covers alternative solutions with innovative ideas and issues from different fields of business management.
Author : Bikas Kumar Sinha,Srijib Bhusan Bagchi
Publisher : Springer Nature
Page : 280 pages
File Size : 50,7 Mb
Release : 2021-08-31
Category : Business & Economics
ISBN : 9789811613685
This book contains international perspectives that unifies the themes of strategic management, decision theory, and data science. It contains thought-provoking presentations of case studies backed by adequate analysis adding significance to the discussions. Most of the decision-making models in use do take due advantage of collection and processing of relevant data using appropriate analytics oriented to provide inputs into effective decision-making. The book showcases applications in diverse fields including banking and insurance, portfolio management, inventory analysis, performance assessment of comparable economic agents, managing utilities in a health-care facility, reducing traffic snarls on highways, monitoring achievement of some of the sustainable development goals in a country or state, and similar other areas that showcase policy implications. It holds immense value for researchers as well as professionals responsible for organizational decisions.
Author : Stephen Paranka
Publisher : Unknown
Page : 128 pages
File Size : 54,7 Mb
Release : 1975-05-01
Category : Electronic
ISBN : 0442803028
Author : Decision Sciences Institute,Merrill Warkentin
Publisher : FT Press
Page : 454 pages
File Size : 52,9 Mb
Release : 2015-08-18
Category : Business & Economics
ISBN : 9780134073057
Today, business success depends on making great decisions – and making them fast. Leading organizations apply sophisticated business analytics tools and technologies to evaluate vast amounts of data, glean new insights, and increase both the speed and quality of decision making. In The Best Thinking and Practices in Business Analytics from the Decision Sciences Institute, DSI has compiled award-winning and award-nominated contributions from its most recent conferences: papers that illuminate exceptionally high-value applications and research on analytics for decision-making. These papers have appeared in no other DSI collection. Explore them here, and you’ll discover powerful new opportunities for competitive advantage through analytics. For all business, academic, and organizational professionals concerned with the science of more effective decision-making; and for undergraduate students, graduate students, and certification candidates in all related fields.
Author : William P. Fox,Robert Burks
Publisher : Unknown
Page : 128 pages
File Size : 46,8 Mb
Release : 2019
Category : Decision making
ISBN : 3030205703
Based on many years of applied research, modeling and educating future decision makers, the authors have selected the critical set of mathematical modeling skills for decision analysis to include in this book. The book focuses on the model formulation and modeling building skills, as well as the technology to support decision analysis. The authors cover many of the main techniques that have been incorporated into their three-course sequence in mathematical modeling for decision making in the Department of Defense Analysis at the Naval Postgraduate School. The primary objective of this book is illustrative in nature. It begins with an introduction to mathematical modeling and a process for formally thinking about difficult problems, illustrating many scenarios and illustrative examples. The book incorporates the necessary mathematical foundations for solving these problems with military applications and related military processes to reinforce the applied nature of the mathematical modeling process.
Author : M.W Merkhofer
Publisher : Springer Science & Business Media
Page : 344 pages
File Size : 47,8 Mb
Release : 2012-12-06
Category : Technology & Engineering
ISBN : 9789400946989
Economists, decision analysts, management scientists, and others have long argued that government should take a more scientific approach to decision making. Pointing to various theories for prescribing and rational izing choices, they have maintained that social goals could be achieved more effectively and at lower costs if government decisions were routinely subjected to analysis. Now, government policy makers are putting decision science to the test. Recent government actions encourage and in some cases require government decisions to be evaluated using formally defined principles 01' rationality. Will decision science pass tbis test? The answer depends on whether analysts can quickly and successfully translate their theories into practical approaches and whether these approaches promote the solution of the complex, highly uncertain, and politically sensitive problems that are of greatest concern to government decision makers. The future of decision science, perhaps even the nation's well-being, depends on the outcome. A major difficulty for the analysts who are being called upon by government to apply decision-aiding approaches is that decision science has not yet evolved a universally accepted methodology for analyzing social decisions involving risk. Numerous approaches have been proposed, including variations of cost-benefit analysis, decision analysis, and applied social welfare theory. Each of these, however, has its limitations and deficiencies and none has a proven track record for application to govern ment decisions involving risk. Cost-benefit approaches have been exten sively applied by the government, but most applications have been for decisions that were largely risk-free.
Author : Tao-Sheng Wang,Andrew W. H. Ip,Madjid Tavana,Vipul Jain
Publisher : Springer Nature
Page : 758 pages
File Size : 45,7 Mb
Release : 2020-05-07
Category : Technology & Engineering
ISBN : 9789811535888
This book discusses an emerging field of decision science that focuses on business processes and systems used to extract knowledge from large volumes of data to provide significant insights for crucial decisions in critical situations. It presents studies employing computing techniques like machine learning, which explore decision-making for cross-platforms that contain heterogeneous data associated with complex assets, leadership, and team coordination. It also reveals the advantages of using decision sciences with management-oriented problems. The book includes a selection of the best papers presented at the 2nd International Conference on Decision Science and Management (ICDSM 2019), held at Hunan International Economics University, China, on 20–21 September 2019.
Author : Zdzislaw Polkowski,Sambit Kumar Mishra,Julian Vasilev
Publisher : CRC Press
Page : 159 pages
File Size : 48,7 Mb
Release : 2021-12-31
Category : Technology & Engineering
ISBN : 9781000520842
This book brings insight into data science and offers applications and implementation strategies. It includes current developments and future directions and covers the concept of data science along with its origins. It focuses on the mechanisms of extracting data along with classifications, architectural concepts, and business intelligence with predictive analysis. Data Science in Engineering and Management: Applications, New Developments, and Future Trends introduces the concept of data science, its use, and its origins, as well as presenting recent trends, highlighting future developments; discussing problems and offering solutions. It provides an overview of applications on data linked to engineering and management perspectives and also covers how data scientists, analysts, and program managers who are interested in productivity and improving their business can do so by incorporating a data science workflow effectively. This book is useful to researchers involved in data science and can be a reference for future research. It is also suitable as supporting material for undergraduate and graduate-level courses in related engineering disciplines.
Author : Decision Sciences Institute,Merrill Warkentin
Publisher : FT Press
Page : 352 pages
File Size : 46,8 Mb
Release : 2015-12-17
Category : Computers
ISBN : 9780134115986
NEW ADVANCES IN THE SCIENCE OF DECISION MAKING: Practical and relevant research from DSI, the field’s leading organization 14 OUTSTANDING PAPERS APPLYING RIGOROUS RESEARCH METHODS TO IMPORTANT SOCIETAL AND BUSINESS DECISION ENVIRONMENTS NEW OPPORTUNITIES TO IMPROVE PERFORMANCE IN STRATEGY, TACTICS, AND OPERATIONS FOR ALL DECISION MAKERS, AND ALL DECISION SCIENCE RESEARCHERS AND STUDENTS More than 1,000 papers were submitted to the Decision Science Institute’s 2015 annual conference. This book presents the 14 papers chosen as most insightful and useful. This peer-reviewed research addresses a richly diverse set of business topics, illuminating opportunities to improve decision making at strategic, tactical, and operational levels. Spanning analytics, information systems and technology, supply chain operations management, and other disciplines, these papers identify multiple opportunities for immediate and long-term performance improvement. The authors address challenges ranging from talent management to lean transformation, mobile app marketing to corporate ethics, driving change to predicting stock prices. Their work reflects both the intellectual vibrancy of the discipline of decision science and its immense practical value. Decision sciences research leads to improved decision outcomes. This volume brings together peer-reviewed papers chosen as “best of the best” by the field’s leading organization, the Decision Sciences Institute. Authored by respected researchers worldwide, these papers were presented at DSI’s 46th Annual Meeting in Seattle. They describe new methods and approaches in the decision sciences, with a special focus on translating theoretical impact into practical relevance to improve decision making within business, public policy, non-profit organizations, and beyond. Assess willingness to learn ERP systems based on knowledge update and other factors Exploit application integration to improve ERP’s value after implementation Discover how mobile users decide whether to search for and adopt a new app Quantify links between absenteeism and hostile environment/sexual harassment Assess correlations between employee development and worker outcomes Explore perceptions of change, intentions to leave, and the role of cynicism Promote lean transformation by evolving HR performance management systems Understand how links between corporate ethical values and firm performance are mediated Bring a global sourcing perspective to issues of ethical consumption Improve quality by choosing practices with the best cultural fit Use Multilayer Perceptron (MLP) and Bayesian Networks (BN) to predict diabetes Apply a comprehensive empirical framework for assessing patient care quality Promote sharing of clinical knowledge among a practice group’s physicians Forecast variable impacts in S&P 500 equity prices
Author : Louis Anthony Cox, Jr.
Publisher : John Wiley & Sons
Page : 328 pages
File Size : 50,5 Mb
Release : 2015-02-18
Category : Business & Economics
ISBN : 9781118938904
Discover recent powerful advances in the theory, methods, and applications of decision and risk analysis Focusing on modern advances and innovations in the field of decision analysis (DA), Breakthroughs in Decision Science and Risk Analysis presents theories and methods for making, improving, and learning from significant practical decisions. The book explains these new methods and important applications in an accessible and stimulating style for readers from multiple backgrounds, including psychology, economics, statistics, engineering, risk analysis, operations research, and management science. Highlighting topics not conventionally found in DA textbooks, the book illustrates genuine advances in practical decision science, including developments and trends that depart from, or break with, the standard axiomatic DA paradigm in fundamental and useful ways. The book features methods for coping with realistic decision-making challenges such as online adaptive learning algorithms, innovations in robust decision-making, and the use of a variety of models to explain available data and recommend actions. In addition, the book illustrates how these techniques can be applied to dramatically improve risk management decisions. Breakthroughs in Decision Science and Risk Analysis also includes: An emphasis on new approaches rather than only classical and traditional ideas Discussions of how decision and risk analysis can be applied to improve high-stakes policy and management decisions Coverage of the potential value and realism of decision science within applications in financial, health, safety, environmental, business, engineering, and security risk management Innovative methods for deciding what actions to take when decision problems are not completely known or described or when useful probabilities cannot be specified Recent breakthroughs in the psychology and brain science of risky decisions, mathematical foundations and techniques, and integration with learning and pattern recognition methods from computational intelligence Breakthroughs in Decision Science and Risk Analysis is an ideal reference for researchers, consultants, and practitioners in the fields of decision science, operations research, business, management science, engineering, statistics, and mathematics. The book is also an appropriate guide for managers, analysts, and decision and policy makers in the areas of finance, health and safety, environment, business, engineering, and security risk management.
Author : Samarjeet Borah,Valentina Emilia Balas,Zdzislaw Polkowski
Publisher : Springer Nature
Page : 551 pages
File Size : 48,9 Mb
Release : 2020-01-13
Category : Technology & Engineering
ISBN : 9789811509780
This book includes high-quality papers presented at the International Conference on Data Science and Management (ICDSM 2019), organised by the Gandhi Institute for Education and Technology, Bhubaneswar, from 22 to 23 February 2019. It features research in which data science is used to facilitate the decision-making process in various application areas, and also covers a wide range of learning methods and their applications in a number of learning problems. The empirical studies, theoretical analyses and comparisons to psychological phenomena described contribute to the development of products to meet market demands.
Author : Alberto Pliego Marugan,Fausto Pedro Garcia Marquez
Publisher : Academic Press
Page : 148 pages
File Size : 50,5 Mb
Release : 2017-07-20
Category : Business & Economics
ISBN : 9780128115411
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. Explores the use of logical decision trees to solve business problems Uses mathematical optimization techniques to resolve ‘big data’ or other multi-criteria problems Provides annexes showcasing application in manufacturing, product design and logistics Shows case examples in telecommunications, renewable energy and aerospace Supplies introduction by Benjamin Lev, Editor-in-Chief of Omega, the highest-ranked journal in management science (JCR)