Operations Management 101: Introduction to Decision Analysis
29:22
YouTubeBrandon Foltz
Operations Management 101: Introduction to Decision Analysis
Operations Management 101: Introduction to Decision Analysis In this video, we discuss the very basics of quantitative decision analysis. After talking through a few example scenarios we work on a simple example by setting up a decision table. Using the table we learn to calculate the following: Maximax, Maximin, Equally Likely Criterion ...
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