tailieunhanh - Lecture Introduction to Management Science with Spreadsheets: Chapter 11 - Stevenson, Ozgur

Chapter 11 "Decision theory", after completing this chapter, you should be able to: Outline the characteristics of a decision theory approach to decision making; describe and give examples of decisions under certainty, risk, and complete uncertainty; make decisions using maximin, maximax, minimax regret, Hurwicz, equally likely, and expected value criteria and use Excel to solve problems involving these techniques; . |