Smart Decisions: A Structured Approach to Decision Analysis Using MCDA [Hardcover]

Explore the fundamentals of Multi-Criteria Decision Analysis with help from Excel? and R

In Smart Decisions: A Structured Approach to Decision Analysis using MCDA, a distinguished team of decision-making specialists delivers a comprehensive and insightful exploration of the fundamentals of Multi-Criteria Decision Analysis methods. The book offers guidance on modeling decision problems using some of the most powerful methods in operations research.

Each chapter introduces a core MCDA method and guides the reader through a step-by-step approach to the implementation of the method using Microsoft? Excel? and then using R, a popular analytical language.

The book also includes:

• A thorough, step-by-step guide to Multi-Criteria Decision Analysis methods and the application of these methods in Microsoft Excel and R
• Extensive illustrations, R code, and software screenshots to aid the readers understanding of the concepts discussed within
• A starters guide to Excel and R programming

Perfect for graduate students in MBA programs and business schools, Smart Decisions: A Structured Approach to Decision Analysis Using MCDA is also an ideal resource for practitioners who apply MCDA in business, finance, applied mathematics, and engineering.

Preface vii

Acknowledgements ix

Chapter 1  Introduction 1

1.1 How to Structure Your Decisions? 3

1.2 Different Stages in Decision-making 4

Chapter 2  Get Started with Excel and R 9

2.1 Get Started with R 9

2.1.1 Types of Data in R 11

2.1.2 Work with Data in R 14

2.2 Get Started with Excel 16