TAILIEUCHUNG - Lecture Operations management: Chapter 5S - William J. Stevenson

Chapter 5S - Decision theory. This chapter include objectives: Outline the steps in the decision process, name some causes of poor decisions, describe and use techniques that apply to decision making under uncertainty, describe and use the expected-value approach,. | Decision Theory Supplement 5 Copyright © 2015 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 1 You should be able to: LO Outline the steps in the decision process LO Name some causes of poor decisions LO Describe and use techniques that apply to decision making under uncertainty LO Describe and use the expected-value approach LO Construct a decision tree and use it to analyze a problem LO Compute the expected value of perfect information LO Conduct sensitivity analysis on a simple decision problem Supplement 5: Learning Objectives 2 Steps: Identify the problem Specify objectives and criteria for a solution Develop suitable alternatives Analyze and compare alternatives Select the best alternative Implement the solution Monitor to see that the desired result is achieved Decision Process LO 3 Decisions occasionally turn out poorly due to unforeseeable .

• Quản trị kinh doanh
• Operations management
• Lecture Operations management
• Management of quality
• Supply chain management
• Decision theory
• Decision process
• Process management
• Supply chain
• Scope of operations management
• Decision making
• Ebook Operations management
• Operations performance
• Operations strategy
• Process design
• Fundamentals of operations management
• Quản lý vận hành
• Operations management strategy
• Transformation process
• Lean operations
• Lean system characteristics
• Lean systems
• Production operations management
• Production Management
• Lecture Production operations management
• Business strategy
• Objectives of inventory management
• Inventory management
• Competitive advantage
• Operations consulting
• Business process reengineering
• Stages of operations consulting
• Operations consulting tool kit
• Aggregate sales
• Operations planning
• Operations planning activities
• Aggregate operations plan
• Project management
• Project characteristics
• Supply chain management
• Inventory management
• Disadvantages of inventory
• Modern production