Effective Management Decision Making An Introduction
Publisher: Bookboon
Published: 2013
ISBN-13: 9788740301205
Table of contents: title: Innhold; title: Chapter 1; title: Effective Management Decision Making: Introduction; title: The Duality of Decision Making?; title: Types of Business and Management Decisions; title: Who is involved in Decision Making?- The Decision Body; title: The three phased model; title: Summary; title: Key terms and glossary; title: Chapter 2; title: Developing rational models with qualitative methods and analysis: Data forecasting; title: Simple Averaging Forecasting; title: Moving Averages; title: Exponential Smoothing Data Forecasting; title: Errors, accuracy and confidence; title: Causal forecasting (explanatory forecasting); title: Non-linear Forecasting and multiple regression– Curve fitting; title: Multiple regression and partial regression analysis; title: Complete worked non linear forecasting example with seasonality; title: Summary; title: Key Terms and glossary; title: Chapter 3; title: Developing rational models with quantitative methods and analysis: probabilities; title: The Decision tree – a map of the solution set; title: Decision Analysis; title: More on probabilities: Expected Monetary Values (EMVs); title: Revising problem information – Bayes Theorem; title: The Value of Sample and Perfect Information; title: Summary; title: Key Terms and glossary; title: Chapter closing question; title: Chapter 4; title: Developing rational models with quantitative methods and analysis: Distribution Functions and Queuing Theory; title: The mathematical function: discrete and continuous variables; title: The discrete distribution – the binomial function; title: Extending binomial number sequences; title: The Poisson sequence; title: Queuing Theory; title: Examples of poisson problems; title: More examples of poisson problems:; title: Queuing Theory – Modelling reality; title: Defining the queuing characteristics; title: Example of M/M/ system; title: Queuing cost analysis of M/M/ models; title: M/M/k queues; title: The economic analysis of queues; title: Other queuing systems and different waiting line structures; title: Example of an arbitrary service time queue; title: Summary; title: Key terms and glossary; title: Chapter 5; title: Developing holistic models with qualitative methods of decision analysis: Irrationality in Management Decision Making; title: The Monte Carlo Simulation; title: Systems thinking about decisions; title: Checkland’s Soft System Methodology (SSM) – Mode; title: Summary; title: Key terms and glossary; title: Chapter 6; title: The individual in decision making: Heuristics in Management Decision Making:; title: More on the cognitive view – schematas and heuristics; title: More on heuristics; title: Summary; title: Key terms and glossary; title: Chapter 7; title: The role of groups in decision making and long term decision making methods and analysis; title: Group decision making – is it really better?; title: Group communication; title: Convergent thinking emergence in groups- The Abilene Paradox; title: Convergent thinking emergence in groups- The Groupthink phenomenon; title: Futures forecasting and decision making; title: Summary; title: Glossary; title: References