Making Business Decisions Using Quantitative Models: Decision Analysis Best Practices
This chapter is about decision making and decision analysis and the relationship of financial and quantitative models to these processes.
The financial models developed in the previous chapters are the result of myriad complex decisions. Thus far, we have developed operational models to simulate the core operations of the Company. In the following chapters we will develop models that report and analyze the financial results of operations and allow us to develop a valuation for it.
In this chapter we will pause from our model development and reflect ...