Managerial Decisions Under Uncertainty

Managerial Decisions Under Uncertainty

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How to improve decision-making skills in realistic situations and do it in a reasonably nonmathematical fashion. Develops practical techniques for deciding upon the best strategies in a variety of situations. Provides methods for reducing complex problems to easily-drawn decision diagrams (trees), supported by real-world examples. Includes detailed cases that employ the methods described in the text. Each chapter contains illustrative examples and exercises.The temperature in the desert was 1 10 degrees and while in San Diego you think your engine sounds strange. ... you are on the desert, the cost will be much higher, say, $1600 due to towing and higher repair costs away from a large city.

Title:Managerial Decisions Under Uncertainty
Author:Bruce F. Baird
Publisher:John Wiley & Sons - 1989-05-03


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