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Multi-objective Decision Analysis
book

Multi-objective Decision Analysis

by Clinton W. Brownley
March 2013
Intermediate to advanced
172 pages
4h 22m
English
Business Expert Press
Content preview from Multi-objective Decision Analysis

Why Is Multiobjective Decision Analysis Important?

Promotes clear thinking–One of the advantages of using MODA to make decisions is that it promotes clear thinking. Without this methodology, the thought process can remain muddled–objectives entangled with alternatives entangled with uncertainties entangled with values. By decomposing decisions into these separate components and addressing them individually, decision makers gain a greater understanding of the decision situation and can use their time more effectively to identify the best course of action.25

Increases comprehension and insights–In fact, the methodology can lead to comprehension and insights that wouldn’t be apparent from an intuitive, “gut reaction” decision-making process. For ...

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Publisher Resources

ISBN: 9781606494523