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|