IE5203 Decision Analysis



  This module teaches the necessary analytical knowledge and practical skills for improving decision-making processes in engineering and business environments. This is achieved by providing a paradigm based on normative decision theory and a set of prescriptive tools and computational techniques using state-of-the art software with which a stake holder can systematically analyze a complex and uncertain decision situation leading to clarity of action. Topics from utility theory and influence diagrams modeling to multi-attribute utility theory and analytic hierarchy process are covered.

 

Pre-requisite: Nil
Preclusion: Nil
AOS elective(before Aug 08):OR, PM
AOS elective (after Aug 08): LOGOR

 

http://www.ise.nus.edu.sg/course/ie5203/index.html