Book description
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.
Table of contents
- About This eBook
- Title Page
- Copyright Page
- Dedication Page
- Contents
- Foreword
- Acknowledgments
- About the Author
- 1. Predictive Modeling of Customer Response Behavior in Direct Marketing
- 2. Enhancing Data and Decision Quality with Statistical Process Control
-
3. De-Bias Techniques for Better Decision Quality
- Abstract
- Introduction
- Theoretical Background and Hypothesis Development
- Hypothesis Development
- Research Method
- Hypotheses Testing
- Discussion of Results
- Limitations/Implications/Contributions
- Future Research
- Conclusions
- References
- About the Authors
- Appendix A: Cognitive Reflection Test (CRT)
- Appendix B: Base Rate Fallacy
- 4. Are Gold Prices Moved by Oil and the S&P?
- 5. Improving Credit Scoring Accuracy via Sample Selection
- 6. Contrasting Approaches for Forecasting the S&P 500
- 7. Technical Efficiency of Airlines in India
- 8. One-Way Car Sharing: A New Paradigm
-
9. Identifying the Optimal Facility Location Using Fuzzy AHP
- Abstract
- Introduction
- Literature Review
- Triangular Fuzzy Numbers
- Research Method
-
Data Analysis
- Evaluation of Criteria
- The Values of the Fuzzy Synthetic Extent of All Criteria
- Proximity to the Market: Fuzzy Synthetic Extent Values
- Proximity to Suppliers: Fuzzy Synthetic Extent Values
- Proximity to Workforce: Fuzzy Synthetic Extent Values
- Proximity to Investment Cost: Fuzzy Synthetic Extent Values
- Proximity to Growth Potential: Fuzzy Synthetic Extent Values
- Discussion and Conclusions
- References
- About the Authors
- 10. Business Analytics Application in Supplier and Carrier Selection
-
11. Coordinating the Supply Chain Using Service-Level and Profit-Sharing Contracts
- Abstract
- Introduction
- Literature Review
-
Model Description
- Assumption and Notation
- No Coordination Among Retailers, Distributor, and Manufacturer
- Coordination Among Retailers, Distributor, and Manufacturer Using a Service-Level Contract
- Coordination Among Retailers, Distributor, and Manufacturer Using a Profit-Sharing Contract
- Coordination Among Retailers, Distributor, and Manufacturer Using Both a Service-Level Contract and a Profit-Sharing Contract
- Numerical Study
- Conclusions and Extensions
- References
- About the Author
- 12. An Evaluation of Croston’s Method under Non-Stationary Demand Behavior
-
13. Supplier Selection and Order Allocation in Closed-Loop Supply Chain Systems
- Abstract
- Introduction
- Literature Review
- Network Configuration in Closed-Loop Supply Chains
- Decision Models for Supplier Evaluation and Selection
- Contributions of This Research
- Problem Formulation
- Multi-Objective Optimization Model
- Solution Methodology
- Computational Results
- Conclusions and Future Research
- References
- About the Author
- 14. Simulating a Hospital Preadmission Testing Center to Improve Patient Service
- Index
Product information
- Title: The Best Thinking in Business Analytics from the Decision Sciences Institute
- Author(s):
- Release date: September 2015
- Publisher(s): Pearson
- ISBN: 9780134073019
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