Business decision quantitative methods

Author: Li Yizhi
Publisher:
Publish Date: 2003-04-01
Features: The core of management is decision-making. Theoretically, decision-making techniques or methods involve disciplines such as probability theory and mathematical statistics, operations research and systems engineering principles, management science and behavioral science, as well as cognitive science and psychology. Technically or methodologically, they not only include the technical-level content of the aforementioned disciplines but also encompass many techniques or methods that can be used for decision-making. For example: forecasting techniques, comprehensive evaluation methods, optimization techniques, simulation techniques, and certain techniques developed in the evolution of decision theory, such as conventional decision-making methods, multi-criteria decision-making methods, decision support systems, group decision-making methods, game theory methods, and so on. Therefore, this book strives to include various techniques and methods commonly used in decision-making. The book's feature lies in its practical focus, with as many examples and case studies as possible to illustrate the application of various quantitative analysis methods, rather than emphasizing theoretical discussions. The mathematical foundation for learning this book is set at general advanced mathematics, avoiding overly complex mathematics to make the book more widely applicable and easier for readers to self-study.