Decision making and forecasting

Decision making and forecasting

by Kneale T. Marshall

Part of McGraw-Hill series in industrial engineering and management science

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This book discusses how to design the most important features of realistic decision problems into analytical models that reveal their structure and give insight. Emphasis is on model formulation using graphical techniques with influence diagrams and decision trees. Decision Making and Forecasting shows how forecasting must be integrated with decision making in a coherent manner and makes frequent use of the economic value of forecasts.

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