Decision Analytics

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Decision Analytics

Author : Conrad George Carlberg
Publisher : Que Publishing
Page : 288 pages
File Size : 46,7 Mb
Release : 2013
Category : Business & Economics
ISBN : 9780789751683

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Decision Analytics by Conrad George Carlberg Pdf

Explains how to distil big data into manageable sets and use them to optimise business and investment decisions. Reveals techniques to improve a wide range of decisions, and use simple Excel charts to grasp the results. Includes downloadable Excel workbooks to adapt to your own requirements.

Handbook of Decision Analysis

Author : Gregory S. Parnell,Terry Bresnick,Steven N. Tani,Eric R. Johnson
Publisher : John Wiley & Sons
Page : 441 pages
File Size : 41,6 Mb
Release : 2013-01-24
Category : Business & Economics
ISBN : 9781118515846

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Handbook of Decision Analysis by Gregory S. Parnell,Terry Bresnick,Steven N. Tani,Eric R. Johnson Pdf

A ONE-OF-A-KIND GUIDE TO THE BEST PRACTICES IN DECISION ANALYSIS Decision analysis provides powerful tools for addressing complex decisions that involve uncertainty and multiple objectives, yet most training materials on the subject overlook the soft skills that are essential for success in the field. This unique resource fills this gap in the decision analysis literature and features both soft personal/interpersonal skills and the hard technical skills involving mathematics and modeling. Readers will learn how to identify and overcome the numerous challenges of decision making, choose the appropriate decision process, lead and manage teams, and create value for their organization. Performing modeling analysis, assessing risk, and implementing decisions are also addressed throughout. Additional features include: Key insights gleaned from decision analysis applications and behavioral decision analysis research Integrated coverage of the techniques of single- and multiple-objective decision analysis Multiple qualitative and quantitative techniques presented for each key decision analysis task Three substantive real-world case studies illustrating diverse strategies for dealing with the challenges of decision making Extensive references for mathematical proofs and advanced topics The Handbook of Decision Analysis is an essential reference for academics and practitioners in various fields including business, operations research, engineering, and science. The book also serves as a supplement for courses at the upper-undergraduate and graduate levels.

Decision Analytics for Sustainable Development in Smart Society 5.0

Author : Vikram Bali,Vishal Bhatnagar,Joan Lu,Kakoli Banerjee
Publisher : Springer Nature
Page : 332 pages
File Size : 46,5 Mb
Release : 2022-06-23
Category : Business & Economics
ISBN : 9789811916892

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Decision Analytics for Sustainable Development in Smart Society 5.0 by Vikram Bali,Vishal Bhatnagar,Joan Lu,Kakoli Banerjee Pdf

This book covers sustainable development in smart society’s 5.0 using data analytics. The data analytics is the approach of integrating diversified heterogeneous data for predictive analysis to accredit innovation, decision making, business analysis, and strategic decision making. The data science brings together the research in the field of data analytics, online information analytics, and big data analytics to synthesize issues, challenges, and opportunities across smart society 5.0. Accordingly, the book offers an interesting and insightful read for researchers in the areas of decision analytics, cognitive analytics, big data analytics, visual analytics, text analytics, spatial analytics, risk analytics, graph analytics, predictive analytics, and analytics-enabled applications.

Decision Analytics Applications in Industry

Author : P. K. Kapur,Gurinder Singh,Yury S. Klochkov,Uday Kumar
Publisher : Springer Nature
Page : 550 pages
File Size : 41,7 Mb
Release : 2020-05-27
Category : Business & Economics
ISBN : 9789811536434

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Decision Analytics Applications in Industry by P. K. Kapur,Gurinder Singh,Yury S. Klochkov,Uday Kumar Pdf

This book presents a range of qualitative and quantitative analyses in areas such as cybersecurity, sustainability, multivariate analysis, customer satisfaction, parametric programming, software reliability growth modeling, and blockchain technology, to name but a few. It also highlights integrated methods and practices in the areas of machine learning and genetic algorithms. After discussing applications in supply chains and logistics, cloud computing, six sigma, production management, big data analysis, satellite imaging, game theory, biometric systems, quality, and system performance, the book examines the latest developments and breakthroughs in the field of science and technology, and provides novel problem-solving methods. The themes discussed in the book link contributions by researchers and practitioners from different branches of engineering and management, and hailing from around the globe. These contributions provide scholars with a platform to derive maximum utility in the area of analytics by subscribing to the idea of managing business through system sciences, operations, and management. Managers and decision-makers can learn a great deal from the respective chapters, which will help them devise their own business strategies and find real-world solutions to complex industrial problems.

Decision Analytics and Optimization in Disease Prevention and Treatment

Author : Nan Kong,Shengfan Zhang
Publisher : John Wiley & Sons
Page : 406 pages
File Size : 54,7 Mb
Release : 2018-03-13
Category : Business & Economics
ISBN : 9781118960127

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Decision Analytics and Optimization in Disease Prevention and Treatment by Nan Kong,Shengfan Zhang Pdf

A systematic review of the most current decision models and techniques for disease prevention and treatment Decision Analytics and Optimization in Disease Prevention and Treatment offers a comprehensive resource of the most current decision models and techniques for disease prevention and treatment. With contributions from leading experts in the field, this important resource presents information on the optimization of chronic disease prevention, infectious disease control and prevention, and disease treatment and treatment technology. Designed to be accessible, in each chapter the text presents one decision problem with the related methodology to showcase the vast applicability of operations research tools and techniques in advancing medical decision making. This vital resource features the most recent and effective approaches to the quickly growing field of healthcare decision analytics, which involves cost-effectiveness analysis, stochastic modeling, and computer simulation. Throughout the book, the contributors discuss clinical applications of modeling and optimization techniques to assist medical decision making within complex environments. Accessible and authoritative, Decision Analytics and Optimization in Disease Prevention and Treatment: Presents summaries of the state-of-the-art research that has successfully utilized both decision analytics and optimization tools within healthcare operations research Highlights the optimization of chronic disease prevention, infectious disease control and prevention, and disease treatment and treatment technology Includes contributions by well-known experts from operations researchers to clinical researchers, and from data scientists to public health administrators Offers clarification on common misunderstandings and misnomers while shedding light on new approaches in this growing area Designed for use by academics, practitioners, and researchers, Decision Analytics and Optimization in Disease Prevention and Treatment offers a comprehensive resource for accessing the power of decision analytics and optimization tools within healthcare operations research.

Decision Management Systems

Author : James Taylor
Publisher : Pearson Education
Page : 313 pages
File Size : 47,7 Mb
Release : 2011-10-13
Category : Business & Economics
ISBN : 9780132884440

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Decision Management Systems by James Taylor Pdf

"A very rich book sprinkled with real-life examples as well as battle-tested advice.” —Pierre Haren, VP ILOG, IBM "James does a thorough job of explaining Decision Management Systems as enablers of a formidable business transformation.” —Deepak Advani, Vice President, Business Analytics Products and SPSS, IBM Build Systems That Work Actively to Help You Maximize Growth and Profits Most companies rely on operational systems that are largely passive. But what if you could make your systems active participants in optimizing your business? What if your systems could act intelligently on their own? Learn, not just report? Empower users to take action instead of simply escalating their problems? Evolve without massive IT investments? Decision Management Systems can do all that and more. In this book, the field’s leading expert demonstrates how to use them to drive unprecedented levels of business value. James Taylor shows how to integrate operational and analytic technologies to create systems that are more agile, more analytic, and more adaptive. Through actual case studies, you’ll learn how to combine technologies such as predictive analytics, optimization, and business rules—improving customer service, reducing fraud, managing risk, increasing agility, and driving growth. Both a practical how-to guide and a framework for planning, Decision Management Systems focuses on mainstream business challenges. Coverage includes Understanding how Decision Management Systems can transform your business Planning your systems “with the decision in mind” Identifying, modeling, and prioritizing the decisions you need to optimize Designing and implementing robust decision services Monitoring your ongoing decision-making and learning how to improve it Proven enablers of effective Decision Management Systems: people, process, and technology Identifying and overcoming obstacles that can derail your Decision Management Systems initiative

Decision Analysis

Author : Fouad Sabry
Publisher : One Billion Knowledgeable
Page : 98 pages
File Size : 41,6 Mb
Release : 2023-06-27
Category : Computers
ISBN : PKEY:6610000470914

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Decision Analysis by Fouad Sabry Pdf

What Is Decision Analysis The term "decision analysis" (DA) refers to the academic field that encompasses the theory, technique, and professional practice that are required to tackle significant decisions in an organized fashion. It is possible to prescribe a recommended course of action by applying the maximum expected-utility axiom to a well-formed representation of the decision. Additionally, decision analysis includes many procedures, methods, and tools for translating the formal representation of a decision and its corresponding recommendation into insight for the decision maker, as well as for other corporate and non-corporate stakeholders. How You Will Benefit (I) Insights, and validations about the following topics: Chapter 1: Decision Analysis Chapter 2: Decision Theory Chapter 3: Multiple-criteria Decision Analysis Chapter 4: Expected Value of Sample Information Chapter 5: Decision-making Software Chapter 6: Robust Decision-making Chapter 7: Expected Value of Including Uncertainty Chapter 8: Decision Quality Chapter 9: Value Tree Analysis Chapter 10: Bayesian Inference in Marketing (II) Answering the public top questions about decision analysis. (III) Real world examples for the usage of decision analysis in many fields. (IV) 17 appendices to explain, briefly, 266 emerging technologies in each industry to have 360-degree full understanding of decision analysis' technologies. Who This Book Is For Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of decision analysis.

Multi-Criteria Decision Analysis to Support Healthcare Decisions

Author : Kevin Marsh,Mireille Goetghebeur,Praveen Thokala,Rob Baltussen
Publisher : Springer
Page : 329 pages
File Size : 47,8 Mb
Release : 2017-04-18
Category : Medical
ISBN : 9783319475400

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Multi-Criteria Decision Analysis to Support Healthcare Decisions by Kevin Marsh,Mireille Goetghebeur,Praveen Thokala,Rob Baltussen Pdf

Representing the first collection on the topic, this book builds from foundations to case studies, to future prospects, providing the reader with a rich and comprehensive understanding of the use of multi-criteria decision analysis (MCDA) in healthcare. The first section of the collection presents the foundations of MCDA as it is applied to healthcare decisions, providing guidance on the ethical and theoretical underpinnings of MCDA and how to select MCDA methods appropriate to different decision settings. Section two comprises a collection of case studies spanning the decision continuum, including portfolio development, benefit–risk assessment, health technology assessment, priority setting, resource optimisation, clinical practice and shared decision making. Section three explores future directions in the application of MCDA to healthcare and identifies opportunities for further research to support these.

Reshaping Society through Analytics, Collaboration, and Decision Support

Author : Lakshmi S. Iyer,Daniel J. Power
Publisher : Springer
Page : 269 pages
File Size : 51,6 Mb
Release : 2014-12-04
Category : Business & Economics
ISBN : 9783319115757

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Reshaping Society through Analytics, Collaboration, and Decision Support by Lakshmi S. Iyer,Daniel J. Power Pdf

This volume explores emerging research and pedagogy in analytics, collaboration, and decision support with an emphasis on business intelligence and social media. In general, the chapters help understand where technology involvement in human decisions is headed. Reading the chapters can help understand the opportunities and threats associated with the use of information technology in decision making. Computing and information technologies are reshaping our global society, but they can potentially reshape it in negative as well as positive ways. Analytics, collaboration and computerized decision support are powerful decision aiding and decision making tools that have enormous potential to impact crisis decision making, regulation of financial systems, healthcare decision making and many more important decision domains. Many information technologies can potentially support, assist and even decide for human decision makers. Despite the potential, some researchers think that we know the answers to how these technologies will change society. The "Wisdom of Crowds" or "Big Data" become the topic of the day and are soon replaced with new marketing terms. In many ways, mobile technology is just another form factor to adapt decision support capabilities too and experiment with new capabilities. The cloud is a nebulous metaphor that adds to the mystery of information technology. Wireless technology enables the ubiquitous presence of analytics and decision support. With new networking capabilities, collaboration is possible anywhere and everywhere using voice, video and text. Documents can be widely shared and massive numbers of documents can be carried on a small tablet computer. Recent developments in technologies impact the processes organizations use to make decisions. In addition, academics are looking for ways to enhance their pedagogy to train students to be more adept in understanding how emerging technology will be used effectively for decision making in organizations. The chapters are based on papers originally reviewed at the Special Interest Group on Decision Support Systems (SIGDSS) Workshop at the 2013 International Conference on Information Systems (ICIS 2013). Ultimately this volume endeavors to find a balance between systematizing what we know, so we can teach our findings from prior research better, and stimulating excitement to move the field in new directions.

Foundations of Decision Analysis

Author : Ronald A. Howard,Ali El-Sayed Abbas
Publisher : Unknown
Page : 0 pages
File Size : 44,6 Mb
Release : 2015-01-21
Category : Decision making
ISBN : 0132336243

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Foundations of Decision Analysis by Ronald A. Howard,Ali El-Sayed Abbas Pdf

For courses in Decision Making and Engineering. The Fundamentals of Analyzing and Making Decisions Foundations of Decision Analysis is a groundbreaking text that explores the art of decision making, both in life and in professional settings. By exploring themes such as dealing with uncertainty and understanding the distinction between a decision and its outcome, the First Edition teaches readers to achieve clarity of action in any situation. The book treats decision making as an evolutionary process from a scientific standpoint. Strategic decision-making analysis is presented as a tool to help students understand, discuss, and settle on important life choices. Through this text, readers will understand the specific thought process that occurs behind approaching any decision to make easier and better life choices for themselves.

Beyond Business Analytics

Author : Eliezer Geisler
Publisher : Springer Nature
Page : 228 pages
File Size : 43,6 Mb
Release : 2022-09-02
Category : Business & Economics
ISBN : 9783030437183

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Beyond Business Analytics by Eliezer Geisler Pdf

This book explores the role that data analysis plays in the managerial decision-making process. The author presents the notion of "beyond analytics," which proposes that through data collection managers evaluate patterns in business processes through models of cognitive representation, framing and modeling, and knowledge creation in businesses. The book focuses on how the massive amounts of business data can be reduced to manageable volumes, thus allowing managers to make informed decisions. Further, it relates beyond analytics to HR aspects of the business and succession planning. This book will inform organizational behavioral theorists how the management of data impacts the decision-making process in organizations.

Predictive Analytics for Toxicology

Author : Luis G. Valerio, Jr.
Publisher : CRC Press
Page : 253 pages
File Size : 41,5 Mb
Release : 2024-08-13
Category : Science
ISBN : 9781040101834

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Predictive Analytics for Toxicology by Luis G. Valerio, Jr. Pdf

Predictive data science is already in use in many fields, but its application in toxicology is new and sought after by non-animal alternative testing initiatives. Predictive Analytics for Toxicology: Applications in Discovery Science provides a comprehensive overview of the application of predictive analytics in the field of toxicology, highlighting its role and applications in discovery science. This book addresses the challenges of accurately predicting high-level endpoints of toxicity and explores the use of computational and artificial intelligence research to automate predictive toxicology. It underscores the importance of predictive toxicology in proposing and explaining adverse outcomes resulting from human exposures to specific toxicants, especially when experimental and observational data on the toxicant are incomplete or unavailable. Key features: Includes a plain language description of predictive analytics in toxicology adding an overview of the wide range of applications Examines the science of prediction, computational models as an automated science and comprehensive discussions on concepts of machine learning Opens the hood on AI and its applications in toxicology Features coverage on how in silico toxicity predictions are translational science tools The book integrates strategies and practices of predictive toxicology and offers practical information that students and professionals of the toxicology, chemical, and pharmaceutical industries will find essential. It fulfills the expectations of student researchers seeking to learn predictive analytics in toxicology. This book will energize scientists to conduct predictive toxicology modeling using artificial intelligence and machine learning, and inspire students and seasoned scientists interested in automated science to pick up new research using predictive in silico models to evaluate chemical-induced toxicity. With its focus on practical applications and real-world examples, this book serves as a guide for navigating the complex issues and practices of discovery toxicology. It is an essential resource for those interested in computer-based methods in toxicology, providing valuable insights into the use of predictive analytics.

Multiple Criteria Decision Analysis

Author : Salvatore Greco,Matthias Ehrgott,José Rui Figueira
Publisher : Springer
Page : 1347 pages
File Size : 49,7 Mb
Release : 2016-02-18
Category : Business & Economics
ISBN : 9781493930944

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Multiple Criteria Decision Analysis by Salvatore Greco,Matthias Ehrgott,José Rui Figueira Pdf

In two volumes, this new edition presents the state of the art in Multiple Criteria Decision Analysis (MCDA). Reflecting the explosive growth in the field seen during the last several years, the editors not only present surveys of the foundations of MCDA, but look as well at many new areas and new applications. Individual chapter authors are among the most prestigious names in MCDA research, and combined their chapters bring the field completely up to date. Part I of the book considers the history and current state of MCDA, with surveys that cover the early history of MCDA and an overview that discusses the “pre-theoretical” assumptions of MCDA. Part II then presents the foundations of MCDA, with individual chapters that provide a very exhaustive review of preference modeling, along with a chapter devoted to the axiomatic basis of the different models that multiple criteria preferences. Part III looks at outranking methods, with three chapters that consider the ELECTRE methods, PROMETHEE methods, and a look at the rich literature of other outranking methods. Part IV, on Multiattribute Utility and Value Theories (MAUT), presents chapters on the fundamentals of this approach, the very well known UTA methods, the Analytic Hierarchy Process (AHP) and its more recent extension, the Analytic Network Process (ANP), as well as a chapter on MACBETH (Measuring Attractiveness by a Categorical Based Evaluation Technique). Part V looks at Non-Classical MCDA Approaches, with chapters on risk and uncertainty in MCDA, the decision rule approach to MCDA, the fuzzy integral approach, the verbal decision methods, and a tentative assessment of the role of fuzzy sets in decision analysis. Part VI, on Multiobjective Optimization, contains chapters on recent developments of vector and set optimization, the state of the art in continuous multiobjective programming, multiobjective combinatorial optimization, fuzzy multicriteria optimization, a review of the field of goal programming, interactive methods for solving multiobjective optimization problems, and relationships between MCDA and evolutionary multiobjective optimization (EMO). Part VII, on Applications, selects some of the most significant areas, including contributions of MCDA in finance, energy planning problems, telecommunication network planning and design, sustainable development, and portfolio analysis. Finally, Part VIII, on MCDM software, presents well known MCDA software packages.

The Analytics Revolution in Higher Education

Author : Jonathan S. Gagliardi,Amelia Parnell,Julia Carpenter-Hubin
Publisher : Taylor & Francis
Page : 200 pages
File Size : 51,9 Mb
Release : 2023-07-03
Category : Education
ISBN : 9781000981421

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The Analytics Revolution in Higher Education by Jonathan S. Gagliardi,Amelia Parnell,Julia Carpenter-Hubin Pdf

Co-published with and In this era of “Big Data,” institutions of higher education are challenged to make the most of the information they have to improve student learning outcomes, close equity gaps, keep costs down, and address the economic needs of the communities they serve at the local, regional, and national levels. This book helps readers understand and respond to this “analytics revolution,” examining the evolving dynamics of the institutional research (IR) function, and the many audiences that institutional researchers need to serve.Internally, there is a growing need among senior leaders, administrators, faculty, advisors, and staff for decision analytics that help craft better resource strategies and bring greater efficiencies and return-on-investment for students and families. Externally, state legislators, the federal government, and philanthropies demand more forecasting and more evidence than ever before. These demands require new and creative responses, as they are added to previous demands, rather than replacing them, nor do they come with additional resources to produce the analysis to make data into actionable improvements. Thus the IR function must become that of teacher, ensuring that data and analyses are accurate, timely, accessible, and compelling, whether produced by an IR office or some other source. Despite formidable challenges, IR functions have begun to leverage big data and unlock the power of predictive tools and techniques, contributing to improved student outcomes.

Business Analytics for Decision Making

Author : Steven Orla Kimbrough,Hoong Chuin Lau
Publisher : CRC Press
Page : 308 pages
File Size : 55,6 Mb
Release : 2018-09-03
Category : Business & Economics
ISBN : 9781315362595

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Business Analytics for Decision Making by Steven Orla Kimbrough,Hoong Chuin Lau Pdf

Business Analytics for Decision Making, the first complete text suitable for use in introductory Business Analytics courses, establishes a national syllabus for an emerging first course at an MBA or upper undergraduate level. This timely text is mainly about model analytics, particularly analytics for constrained optimization. It uses implementations that allow students to explore models and data for the sake of discovery, understanding, and decision making. Business analytics is about using data and models to solve various kinds of decision problems. There are three aspects for those who want to make the most of their analytics: encoding, solution design, and post-solution analysis. This textbook addresses all three. Emphasizing the use of constrained optimization models for decision making, the book concentrates on post-solution analysis of models. The text focuses on computationally challenging problems that commonly arise in business environments. Unique among business analytics texts, it emphasizes using heuristics for solving difficult optimization problems important in business practice by making best use of methods from Computer Science and Operations Research. Furthermore, case studies and examples illustrate the real-world applications of these methods. The authors supply examples in Excel®, GAMS, MATLAB®, and OPL. The metaheuristics code is also made available at the book's website in a documented library of Python modules, along with data and material for homework exercises. From the beginning, the authors emphasize analytics and de-emphasize representation and encoding so students will have plenty to sink their teeth into regardless of their computer programming experience.