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Author: Gregory S. Parnell
Publisher: John Wiley & Sons
ISBN: 111923753X
Category : Technology & Engineering
Languages : en
Pages : 640
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Book Description
Presents information to create a trade-off analysis framework for use in government and commercial acquisition environments This book presents a decision management process based on decision theory and cost analysis best practices aligned with the ISO/IEC 15288, the Systems Engineering Handbook, and the Systems Engineering Body of Knowledge. It provides a sound trade-off analysis framework to generate the tradespace and evaluate value and risk to support system decision-making throughout the life cycle. Trade-off analysis and risk analysis techniques are examined. The authors present an integrated value trade-off and risk analysis framework based on decision theory. These trade-off analysis concepts are illustrated in the different life cycle stages using multiple examples from defense and commercial domains. Provides techniques to identify and structure stakeholder objectives and creative, doable alternatives Presents the advantages and disadvantages of tradespace creation and exploration techniques for trade-off analysis of concepts, architectures, design, operations, and retirement Covers the sources of uncertainty in the system life cycle and examines how to identify, assess, and model uncertainty using probability Illustrates how to perform a trade-off analysis using the INCOSE Decision Management Process using both deterministic and probabilistic techniques Trade-off Analytics: Creating and Exploring the System Tradespace is written for upper undergraduate students and graduate students studying systems design, systems engineering, industrial engineering and engineering management. This book also serves as a resource for practicing systems designers, systems engineers, project managers, and engineering managers. Gregory S. Parnell, PhD, is a Research Professor in the Department of Industrial Engineering at the University of Arkansas. He is also a senior principal with Innovative Decisions, Inc., a decision and risk analysis firm and has served as Chairman of the Board. Dr. Parnell has published more than 100 papers and book chapters and was lead editor of Decision Making for Systems Engineering and Management, Wiley Series in Systems Engineering (2nd Ed, Wiley 2011) and lead author of the Handbook of Decision Analysis (Wiley 2013). He is a fellow of INFORMS, the INCOSE, MORS, and the Society for Decision Professionals.
Author: Gregory S. Parnell
Publisher: John Wiley & Sons
ISBN: 111923753X
Category : Technology & Engineering
Languages : en
Pages : 640
Get Book
Book Description
Presents information to create a trade-off analysis framework for use in government and commercial acquisition environments This book presents a decision management process based on decision theory and cost analysis best practices aligned with the ISO/IEC 15288, the Systems Engineering Handbook, and the Systems Engineering Body of Knowledge. It provides a sound trade-off analysis framework to generate the tradespace and evaluate value and risk to support system decision-making throughout the life cycle. Trade-off analysis and risk analysis techniques are examined. The authors present an integrated value trade-off and risk analysis framework based on decision theory. These trade-off analysis concepts are illustrated in the different life cycle stages using multiple examples from defense and commercial domains. Provides techniques to identify and structure stakeholder objectives and creative, doable alternatives Presents the advantages and disadvantages of tradespace creation and exploration techniques for trade-off analysis of concepts, architectures, design, operations, and retirement Covers the sources of uncertainty in the system life cycle and examines how to identify, assess, and model uncertainty using probability Illustrates how to perform a trade-off analysis using the INCOSE Decision Management Process using both deterministic and probabilistic techniques Trade-off Analytics: Creating and Exploring the System Tradespace is written for upper undergraduate students and graduate students studying systems design, systems engineering, industrial engineering and engineering management. This book also serves as a resource for practicing systems designers, systems engineers, project managers, and engineering managers. Gregory S. Parnell, PhD, is a Research Professor in the Department of Industrial Engineering at the University of Arkansas. He is also a senior principal with Innovative Decisions, Inc., a decision and risk analysis firm and has served as Chairman of the Board. Dr. Parnell has published more than 100 papers and book chapters and was lead editor of Decision Making for Systems Engineering and Management, Wiley Series in Systems Engineering (2nd Ed, Wiley 2011) and lead author of the Handbook of Decision Analysis (Wiley 2013). He is a fellow of INFORMS, the INCOSE, MORS, and the Society for Decision Professionals.
Author: Gregory Parnell
Publisher:
ISBN:
Category : Engineering
Languages : en
Pages : 632
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Book Description
Presents information to create a trade-off analysis framework for use in government and commercial acquisition environments This book presents a decision management process based on decision theory and cost analysis best practices aligned with the ISO/IEC 15288, the Systems Engineering Handbook, and the Systems Engineering Body of Knowledge. It provides a sound trade-off analysis framework to generate the tradespace and evaluate value and risk to support system decision-making throughout the life cycle. Trade-off analysis and risk analysis techniques are examined. The authors present an integrated value trade-off and risk analysis framework based on decision theory. These trade-off analysis concepts are illustrated in the different life cycle stages using multiple examples from defense and commercial domains. Provides techniques to identify and structure stakeholder objectives and creative, doable alternatives Presents the advantages and disadvantages of tradespace creation and exploration techniques for trade-off analysis of concepts, architectures, design, operations, and retirement Covers the sources of uncertainty in the system life cycle and examines how to identify, assess, and model uncertainty using probability Illustrates how to perform a trade-off analysis using the INCOSE Decision Management Process using both deterministic and probabilistic techniques Trade-off Analytics: Creating and Exploring the System Tradespace is written for upper undergraduate students and graduate students studying systems design, systems engineering, industrial engineering and engineering management. This book also serves as a resource for practicing systems designers, systems engineers, project managers, and engineering managers. Gregory S. Parnell, PhD, is a Research Professor in the Department of Industrial Engineering at the University of Arkansas. He is also a senior principal with Innovative Decisions, Inc., a decision and risk analysis firm and has served as Chairman of the Board. Dr. Parnell has published more than 100 papers and book chapters and was lead editor of Decision Making for Systems Engineering and Management, Wiley Series in Systems Engineering (2nd Ed, Wiley 2011) and lead author of the Handbook of Decision Analysis (Wiley 2013). He is a fellow of INFORMS, the INCOSE, MORS, and the Society for Decision Professionals.
Author: A. Terry Bahill
Publisher: Springer
ISBN: 3319437127
Category : Business & Economics
Languages : en
Pages : 698
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Book Description
This textbook is about three key aspects of system design: decision making under uncertainty, trade-off studies and formal risk analyses. Recognizing that the mathematical treatment of these topics is similar, the authors generalize existing mathematical techniques to cover all three areas. Common to these topics are importance weights, combining functions, scoring functions, quantitative metrics, prioritization and sensitivity analyses. Furthermore, human decision-making activities and problems use these same tools. Therefore, these problems are also treated uniformly and modeled using prospect theory. Aimed at both engineering and business practitioners and students interested in systems engineering, risk analysis, operational management, and business process modeling, Tradeoff Decisions in System Design explains how humans can overcome cognitive biases and avoid mental errors when conducting trade-off studies and risk analyses in a wide range of domains. With generous use of examples as a common thread across chapters this book. “This book provides an excellent road map for designing and producing competitive products.”
Author: Fatermeh Boloori
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
Author: BusinessNews Publishing
Publisher: Primento
ISBN: 2511022001
Category : Business & Economics
Languages : en
Pages : 15
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Book Description
The must-read summary of Kevin Maney's book: "Trade-Off: Why Some Things Catch On, and Others Don't". This complete summary of the ideas from Kevin Maney's book "Trade-Off" shows that all of us as consumers are constantly making a choice between products which offer high fidelity and those which offer superior convenience. In his book, the author explains that it is this trade-off between conflicting forces which determines the success or failure of new products and services. This summary demonstrates how you can position yourself at either end of the spectrum in order to develop a successful product. Added-value of this summary: • Save time • Understand key concepts • Expand your knowledge To learn more, read "Trade-Off" and discover the key to offering the best products that consumers will love.
Author: Jaime Vaughn
Publisher: Createspace Independent Publishing Platform
ISBN: 9781985002821
Category :
Languages : en
Pages : 440
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Book Description
This book provides an excellent road map for designing and producing competitive products. Aimed at both engineering and business practitioners and students interested in systems engineering, risk analysis, operational management, and business process modeling, Tradeoff Decisions in System Design explains how humans can overcome cognitive biases and avoid mental errors when conducting trade-off studies and risk analyses in a wide range of domains. With generous use of examples as a common thread across chapters this book.
Author: Seyed Iravani
Publisher: McGraw Hill Professional
ISBN: 126046184X
Category : Technology & Engineering
Languages : en
Pages : 862
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Book Description
Discover how to apply engineering thinking and data analytics to business operations This comprehensive textbook shows readers how to develop their engineering thinking and analytics to support making strategic and tactical decisions in managing and control of operations systems and supply chains. The book is created in a modular fashion so that sections and chapters can stand alone and be used within operations courses across the spectrum. Operations Engineering and Management: Concepts, Analytics and Principles for Improvement is based on the author’s successful classes in both business and engineering. The book presents concepts and principles of operations management, with a strong emphasis on analytics and a sharp focus on improving operations. You will explore both the engineering approach to operations (e.g., analytics and engineering thinking) and the classic management approach. • Focuses on teaching and developing strong problem-solving analytics skills • Each section is designed to stand alone and can be used in a wide variety of courses • Written by an operations management and engineering expert
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 528
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Book Description
Author: Darral G. Clarke
Publisher: Course Technology
ISBN:
Category : Marketing
Languages : en
Pages : 424
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Book Description
This package, consisting of text and Harvard cases with accompanying decision analysis spreadsheets, shows how marketing analysis can be integrated into the process of making marketing decisions. It encourages students to explore real-world marketing problems with the help of decision-analysis software and demonstrates how the manager without technical training can learn to use the marketing science support tools that are now available.
Author: Qiang Bai
Publisher: Purdue University Press
ISBN: 9781622601110
Category : Transportation
Languages : en
Pages : 166
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Book Description
In an era characterized by funding limitations, increased stakeholder participation, and the need for increased accountability and transparency, transportation agencies seek to ensure that comprehensive evaluation processes are identified and used for decision-making. Consistent with such processes is the incorporation of multiple performance criteria from different program areas, optimization of decisions under constrained budgets, and investigation of trade-offs between program areas, performance measures, budgetary levels, risk levels, and performance thresholds. To help INDOT carry out these processes, this study developed theoretical constructs for scaling and amalgamation of the different performance measures, and for analyzing the different kinds of trade-offs. The scaling of performance measures yields a consistent or dimensionless unit to make them comparable. Amalgamation combines the weighted and scaled performance measures to yield a single utility value that represents the overall desirability of a candidate project. This report documents, with examples, a number of alternative methods for scaling and amalgamation. Also, recognizing that project outcomes are not always known with certainty, the analysis was done for the deterministic (certainty) as well as the probabilistic (uncertainty) scenarios. Finally, the report describes how INDOT can carry out an investigation of trade-offs such as changing the performance threshold and shifting budgets from one program area to another. To facilitate implementation, the report includes a set of spreadsheets that are based on hypothetical project data.
