Decision Making Methods

Type of study	Bachelor
Language of instruction	English
Code	157-0511/03
Abbreviation	DMM
Course title	Decision Making Methods
Credits	4
Coordinating department	Department of Systems Engineering and Informatics
Course coordinator	prof. Mgr. Ing. František Zapletal, Ph.D.

Subject syllabus

objective decision theory.
Typology of decision-making processes.
The structure of the decision-making process.
Decision making under certainty, risk and uncertainty.
Methods of determining their characteristics.
Simple methods for selecting the most suitable variant.
Logical and analytical methods.
Methods using the theory of graphs.
Decision networks.
Formally - logical methods.
Other methods.

Literature

RAMÍK, J., PERZINA, R. Modern methods of evaluation and decision making. Karviná: Silesian University in Opava, 2008. .

WISNIEWSKI, Mik. Quantitative Methods for Decision Makers. 5th Edition. Harlow: Prentice Hall, 2011. ISBN: 978-0-273-71207-7.

Advised literature

ANDERSON, R. David et al. An Introduction to Management Science: Quantitative Approaches to Decision Making. Mason: South-western Cengage Learning, 2012. ISBN: 978-1-111-53222-2.

HILLIER, S. Frederick, LIEBERMAN, J., Gerald. Introduction to Operations Research. 9th edition. New York: McGraw-Hill, 2011. ISBN: 978-0-07-337629-5.

TAHA, A., Hamdy. Operations Research: An Introduction. 9th Edition. New Jersey: Pearson, 2010. ISBN: 9780131391994.

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