Mathematical Modeling And Decision Analysis
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Mathematical Modeling And Decision Analysis
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Author : Mr. Rohit Manglik
language : en
Publisher: EduGorilla Publication
Release Date : 2024-03-22
Mathematical Modeling And Decision Analysis written by Mr. Rohit Manglik and has been published by EduGorilla Publication this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-03-22 with Mathematics categories.
EduGorilla Publication is a trusted name in the education sector, committed to empowering learners with high-quality study materials and resources. Specializing in competitive exams and academic support, EduGorilla provides comprehensive and well-structured content tailored to meet the needs of students across various streams and levels.
Decision Analysis Through Modeling And Game Theory
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Author : William P. Fox
language : en
Publisher: CRC Press
Release Date : 2024-11-08
Decision Analysis Through Modeling And Game Theory written by William P. Fox and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-11-08 with Mathematics categories.
This unique book presents decision analysis in the context of mathematical modeling and game theory. The author emphasizes and focuses on the model formulation and modeling-building skills required for decision analysis, as well as the technology to support the analysis. The primary objective of Decision Analysis through Modeling and Game Theory is illustrative in nature. It sets the tone through the introduction to mathematical modeling. The text provides a process for formally thinking about the problem and illustrates many scenarios and illustrative examples. These techniques and this approach center on the fact (a) decision makers at all levels must be exposed to the tools and techniques available to help them in the decision process, (b) decision makers as well as analysts need to have and use technology to assist in the entire analysis process, (c) the interpretation and explanation of the results are crucial to understanding the strengths and limitations of modeling, and (d) the interpretation and use of sensitivity analysis is essential. The book begins with a look at decision-making methods, including probability and statistics methods under risk of uncertainty. It moves to linear programming and multi-attribute decision-making methods with a discussion of weighting methods. Game theory is introduced through conflict games and zero-sum or constant-sum games. Nash equilibriums are next, followed by utility theory. Evolutionary stable strategies lead to Nash arbitration and cooperation methods and N-person methods presented for both total and partial conflict games. Several real-life examples and case studies using game theory are used throughout. This book would be best used for a senior-level course in mathematics, operations research, or graduate-level courses or decision modeling courses offered in business schools. The book will be of interest to departments offering mathematical modeling courses with any emphasis on modeling for decision making.
Managerial Decision Analysis
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Author : Danny Samson
language : en
Publisher: CRC Press
Release Date : 1992-05-19
Managerial Decision Analysis written by Danny Samson and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992-05-19 with Business & Economics categories.
This text focuses on how decision analysis can be used to support the managerial decision process. It supports professors and students in the classroom with extensive case studies and problem sets, and with Arborist software and documentation.
Modeling And Decision Analysis
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Author : Steven Nobumasa Tani
language : en
Publisher:
Release Date : 1975
Modeling And Decision Analysis written by Steven Nobumasa Tani and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1975 with Decision making categories.
The author uses mathematical modeling in decision analysis to help obtain a 'better' profit lottery than can be assessed directly. The concept of the authenticity of probabilities is introduced to define the measure of 'goodness' of the profit lottery. The role of modeling is to simplify the assessment task through the decomposition of the profit lottery. However, budgetary constraints force one to make approximations in the modeling process and thereby causes one to misstate the profit lottery. The models used in a decision analysis should be regarded as subjective expressions of uncertainty rather than as objective descriptions of the real-world. A methodology is presented that quantitatively relates the modeling approximations made in a decision analysis to the results of the analysis.
An Introduction To Mathematical Modeling
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Author : Edward A. Bender
language : en
Publisher: Courier Corporation
Release Date : 2000-03-06
An Introduction To Mathematical Modeling written by Edward A. Bender and has been published by Courier Corporation this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000-03-06 with Mathematics categories.
Accessible text features over 100 reality-based examples pulled from the science, engineering and operations research fields. Prerequisites: ordinary differential equations, continuous probability. Numerous references. Includes 27 black-and-white figures. 1978 edition.
Fuzzy Decision Analysis Multi Attribute Decision Making Approach
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Author : Farhad Hosseinzadeh Lotfi
language : en
Publisher: Springer Nature
Release Date : 2023-11-24
Fuzzy Decision Analysis Multi Attribute Decision Making Approach written by Farhad Hosseinzadeh Lotfi and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-11-24 with Computers categories.
Authored by a leading expert in the field, this book introduces an innovative methodology that harnesses the power of fuzzy logic to enhance decision-making in multi-attribute scenarios. In a world of complexity and uncertainty, effective decision-making is paramount. Springer proudly presents a cutting-edge publication that revolutionizes decision analysis: "Fuzzy Decision Analysis: Multi-attribute Decision-Making Approach." This book stands at the forefront of decision analysis, introducing the integration of fuzzy logic into multi-attribute decision-making. It is a transformative journey into the realm of advanced decision analysis. It book not only equips you with the knowledge to comprehend the theoretical underpinnings but also empowers you to apply these insights in practical scenarios. This book serves as your indispensable companion. Its comprehensive coverage serves as a beacon, guiding you through the intricate maze of fuzzy logic and multi-attribute decision-making, ultimately empowering you to embrace innovation and master the art of making well-informed decisions in an ever-changing world.
Interactive Decision Analysis
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Author : M. Grauer
language : en
Publisher: Springer Science & Business Media
Release Date : 2013-03-14
Interactive Decision Analysis written by M. Grauer and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-03-14 with Business & Economics categories.
During the week of September 20-23, 1983, an International Workshop on Interactive Decision Analysis and Interpretative Computer Intelligence was held at the International Institute for Applied Systems Analysis (IIASA) in Laxenburg, Austria. More than fifty scientists representing seventeen coun tries participated. The aim of the Workshop was to review existing approaches to problems involving multiple conflicting objectives, to look at methods and techniques for interactive decision analysis, and to demonstrate theuse of existing interactive decision-support systems. The Workshop was motivated, firstly, by the realization that the rapid development of computers, especially microcomputers, will greatly increase the scope and capabilities of computerized decision-support systems. It is important to explore the potential of these systems for use in handling the complex technological, environmental, economic and social problems thatface the world today. Research in decision-support systems also has another, less tangible but possibly more important, motivation. The development of efficient sys tems for decision support requires a thorough understanding of the dif ferences between the decision-making processes in different nations and cultures. An understanding of the different rationales underlying decision making is not only necessary for the development of efficient decision support systems, but is also an important factor in encouraging inter national understanding and cooperation.
Mathematical Modeling For Business Analytics
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Author : William P. Fox
language : en
Publisher: CRC Press
Release Date : 2017-12-15
Mathematical Modeling For Business Analytics written by William P. Fox and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-12-15 with Business & Economics categories.
Mathematical Modeling for Business Analytics is written for decision makers at all levels. This book presents the latest tools and techniques available to help in the decision process. The interpretation and explanation of the results are crucial to understanding the strengths and limitations of modeling. This book emphasizes and focuses on the aspects of constructing a useful model formulation, as well as building the skills required for decision analysis. The book also focuses on sensitivity analysis. The author encourages readers to formally think about solving problems by using a thorough process. Many scenarios and illustrative examples are provided to help solve problems. Each chapter is also comprehensively arranged so that readers gain an in-depth understanding of the subject which includes introductions, background information and analysis. Both undergraduate and graduate students taking methods courses in methods and discrete mathematical modeling courses will greatly benefit from using this book. Boasts many illustrative examples to help solve problems Provides many solutions for each chapter Emphasizes model formulation and helps create model building skills for decision analysis Provides the tools to support analysis and interpretation
Spreadsheet Modeling Decision Analysis
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Author : Cliff T. Ragsdale
language : en
Publisher: Cengage Learning
Release Date : 2004
Spreadsheet Modeling Decision Analysis written by Cliff T. Ragsdale and has been published by Cengage Learning this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with Business & Economics categories.
CD-ROM contains: Crystal Ball 2000 2 Professional Student Edition; ProblemSolver for Education v.5, Tree Plan vl 64 and maunal, and data files for examples, cases and projects.
Principles Of Mathematical Modeling
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Author : Clive Dym
language : en
Publisher: Academic Press
Release Date : 2004-06-21
Principles Of Mathematical Modeling written by Clive Dym and has been published by Academic Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-06-21 with Mathematics categories.
This book provides a readable and informative introduction to the development and application of mathematical models in science and engineering. The first half of the book begins with a clearly defined set of modeling principles, and then introduces a set of foundational tools (dimensional analysis, scaling techniques, and approximation and validation techniques). The second half then applies these foundational tools to a broad variety of subjects, including exponenttial growth and decay in fields ranging from biology to economics, traffic flow, free and forced vibration of mechanical and other systems, and optimization problems in biology, structures, and social decision making. An extensive collection of more than 360 problems offer ample opportunity in both a formal course and for the individual reader. (Midwest).