This book deals with decision making in environments of significant data un- certainty, with particular emphasis on operations and production management applications. For such environments, we suggest the use of the robustness ap- proach to decision making, which assumes inadequate knowledge of the decision maker about the random state of nature and develops a decision that hedges against the worst contingency that may arise. The main motivating factors for a decision maker to use the robustness approach are: - It does not ignore uncertainty and takes a proactive step in response to the fact...
This book deals with decision making in environments of significant data un- certainty, with particular emphasis on operations and production manageme...
This book deals with decision making in environments of significant data un- certainty, with particular emphasis on operations and production management applications. For such environments, we suggest the use of the robustness ap- proach to decision making, which assumes inadequate knowledge of the decision maker about the random state of nature and develops a decision that hedges against the worst contingency that may arise. The main motivating factors for a decision maker to use the robustness approach are: - It does not ignore uncertainty and takes a proactive step in response to the fact...
This book deals with decision making in environments of significant data un- certainty, with particular emphasis on operations and production manageme...
Supply Chain Finance focuses is on creating liquidity in the supply chain through various Buyer or Seller-led solutions with or without a facilitating technology.
Supply Chain Finance focuses is on creating liquidity in the supply chain through various Buyer or Seller-led solutions with or without a facilitating...
Integrated Risk Management in Supply Chains examines supply chain risk management. The increased interest in the topic is due to a number of factors including the increased volatility of commodity prices and exchange rates, recent natural disasters, and the increased importance of multinational corporations.
Integrated Risk Management in Supply Chains examines supply chain risk management. The increased interest in the topic is due to a number of factors i...