Accession Number : ADA019263
Title : Case Studies in the Value of Decision Analysis.
Descriptive Note : Technical rept. 10 Jan 75-9 Jan 76,
Corporate Author : DECISIONS AND DESIGNS INC MCLEAN VA
Personal Author(s) : Watson,S. R. ; Brown,R. V.
Report Date : OCT 1975
Pagination or Media Count : 48
Abstract : This paper explores the problem of making operational an appropriate instrument for measuring the value of a proposed decision analysis exercise. Three completed decision analysis exercises are subjected to an 'after-the-fact' valuation in an attempt to gain a hindsight value for the analysis, with a view to facilitating 'before-the-fact' valuation of analagous decision analysis exercises. (Author)
Descriptors : *DECISION MAKING, *DECISION THEORY, RISK ANALYSIS, PROBLEM SOLVING, BENEFITS, EFFECTIVENESS, JUDGEMENT(PSYCHOLOGY), ALGORITHMS, ERRORS, UNCERTAINTY, ECONOMICS, FOREIGN POLICY, MILITARY PROCUREMENT, TIRES, INDUSTRIAL PROCUREMENT, AUTOMOTIVE INDUSTRY, MANAGEMENT PLANNING AND CONTROL, COST ANALYSIS, PROFITS, MONEY, COMPUTERS, USSR, EXPORTS
Subject Categories : Administration and Management
Distribution Statement : APPROVED FOR PUBLIC RELEASE