Decision making and forecasting : with emphasis on model building and policy analysisMaterial type: TextPublication details: New York : McGraw-Hill, c1995Description: xviii, 407 p. : illustrationsISBN: 9780070480278 ; 0070480273 ; 9780071139700; 0071139702 Subject(s): Decision making | Operations researchDDC classification: 658.4033 Online resources: Click here to access online | Click here to access online
|Item type||Current library||Collection||Call number||Status||Date due||Barcode||Item holds|
|Reference Books||Pampaimadu Reference||Reference||658.4033 MAR (Browse shelf(Opens below))||Available||009736|
|Reference Books||Pampaimadu Reference||Reference||658.4033 MAR (Browse shelf(Opens below))||Available||009688|
1. Basic Concepts --
2. Using Baseline Forecasts --
3. Forecasts for Decision Models --
4. Model Building --
5. Model Analysis --
6. Subjective Measures and Utility --
7. Multiattribute Problems --
8. Forecast Performance --
9. Advanced Concepts.
This book discusses how to design the most important features of realistic decision problems into analytical models that reveal their structure and give insight. Emphasis is on model formulation using graphical techniques with influence diagrams and decision trees. Decision Making and Forecasting shows how forecasting must be integrated with decision making in a coherent manner and makes frequent use of the economic value of forecasts.