Value-Added Decision Making for Managers

Value-Added Decision Making for Managers
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Chapman and Hall/CRC
3.0 pounds
10.0 inches
7.0 inches
1.0 inches
Product Description

Developed from the authors’ longstanding course on decision and risk analysis, Value-Added Decision Making for Managers explores the important interaction between decisions and management action and clarifies the barriers to rational decision making. The authors analyze strengths and weaknesses of the best alternatives, enabling decision makers to improve on these alternatives by adding value and reducing risk.

The core of the text addresses decisions that involve selecting the best alternative from diverse choices. The decisions include buying a car, picking a supplier or home contractor, selecting a technology, picking a location for a manufacturing plant or sports stadium, hiring an employee or selecting among job offers, deciding on the size of a sales force, making a late design change, and sourcing to emerging markets. The book also covers more complex decisions arising in negotiations, strategy, and ethics that involve multiple dimensions simultaneously.

Numerous activities interspersed throughout the text highlight real-world situations, helping readers see how the concepts presented can be used in their own work environment or personal life. Each chapter also includes discussion questions and references.

Web Resource
The book’s website at offers tutorials of Logical Decisions software for multi-objective decisions and Precision Tree software for probabilistic decisions. Directions for downloading student versions of the DecisionTools Suite and Logical Decisions software can be found in the appendices. Password-protected PowerPoint presentations for each chapter and solutions to all of the numeric examples are available for instructors.

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Book Summary: The title of this book is Value-Added Decision Making for Managers and it was written by Kenneth Chelst, Yavuz Burak Canbolat. This particular edition is in a Hardcover format. This books publish date is Oct 05, 2011 and it has a suggested retail price of $154.95. It was published by Chapman and Hall/CRC and has a total of 578 pages in the book . The 10 digit ISBN is 1420075721 and the 13 digit ISBN is 9781420075724. To buy this book at the lowest price, Click Here.