Business Administration

ADM3626Managerial Decision Analysis3 ch (3C)

Deals with the analysis of decision problems under uncertainty, partial information, risk and competition. Considers the analytic hierarchy process, outranking procedures, and multi-attribute utility theory. Examines the construction and use of indifference curves for the solution of multi-stage decision problems, and the numerical determination of stable solutions for problems with two competitors.

Prerequisite: ADM 2623.