Engineering Decision Making and Risk Management
| Author | : | |
| Rating | : | 4.29 (538 Votes) |
| Asin | : | 1118919335 |
| Format Type | : | paperback |
| Number of Pages | : | 360 Pages |
| Publish Date | : | 2018-02-14 |
| Language | : | English |
DESCRIPTION:
Four Stars Henry To-Opoya Very good book. "Five Stars" according to Amazon Customer. Excellent
. Jeffrey W. Herrmann’s research interests include production scheduling, decision making in product development, and public health preparedness planning. Herrmann, PhD, is Associate Professor at the University of Maryland, where he holds a joint appointment with the Department of Mechanical Engine
Herrmann, PhD, is Associate Professor at the University of Maryland, where he holds a joint appointment with the Department of Mechanical Engineering and the Institute for Systems Research. Presenting an approach for modeling and improving decision-making systems, Engineering Decision Making and Risk Management also features:Theoretically sound and practical tools for decision making under uncertainty, multi-criteria decision making, group decision making, the value of information, and risk managementPractical examples from both historical and current events that illustrate both good and bad decision making and risk management processesEnd-of-chapter ex
The author highlights formal techniques for group decision making and game theory and includes numerical examples to compare and contrast different quantitative techniques. IIE/Joint Publishers Book of the Year Award 2016! Awarded for ‘an outstanding published book that focuses on a facet of industrial engineering, improves education, or furthers the profession’.Engineering Decision Making and Risk Management emphasizes practical issues and examples of decision making with applications in engineering design and managementFeaturing a blend of theoretical and analytical aspects, this book presents multiple perspectives on decision making to better understand and improve risk management processes and decision-making systems.Engineering Decision Making and Risk Management uniquely presents and discusses three perspectives on decision making: problem solving, the decision-making process, and decision-making systems. The importance of initially selecting the most appropriate decision-making process is emphasized through practical examples and applications that illustrate a variety of useful processes. Presenting an approach for modeling and improving decision-making systems, Engineering Decision Making and Risk Management also features:Theoretically sound and practical tools for decision making under uncertainty, multi-criteria decision making, group decision making, th