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Smart Decisions. A Structured Approach to Decision Analysis. Edition No. 1. Wiley Series in Operations Research and Management Science

  • Book

  • 112 Pages
  • February 2024
  • John Wiley and Sons Ltd
  • ID: 5825680

Explore the fundamentals of Multi-Criteria Decision Analysis with help from Excel® and R

In Smart Decisions: A Structured Approach to Decision Analysis using MCDA, a distinguished team of decision-making specialists delivers a comprehensive and insightful exploration of the fundamentals of Multi-Criteria Decision Analysis methods. The book offers guidance on modeling decision problems using some of the most powerful methods in operations research.

Each chapter introduces a core MCDA method and guides the reader through a step-by-step approach to the implementation of the method using Microsoft® Excel® and then using R, a popular analytical language.

The book also includes:

  • A thorough, step-by-step guide to Multi-Criteria Decision Analysis methods and the application of these methods in Microsoft Excel and R
  • Extensive illustrations, R code, and software screenshots to aid the reader’s understanding of the concepts discussed within
  • A starter’s guide to Excel and R programming

Perfect for graduate students in MBA programs and business schools, Smart Decisions: A Structured Approach to Decision Analysis Using MCDA is also an ideal resource for practitioners who apply MCDA in business, finance, applied mathematics, and engineering.

Authors

Richard Hodgett University of Leeds. Sajid Siraj University of Leeds.