Below you'll find a list of all posts that have been categorized as “Decision Analysis”
In 2001, Congress enacted legislation that required a 2005 Base Realignment and Closure (BRAC) round to realign military units, remove excess facility capacity, and support defense transformation. The United States Army used multiple-objective decision analysis to determine the military value of installations and an installation portfolio model to develop the starting point to identify potential unit realignments and base closures, …
We examine several methods for evaluating resource acquisition decisions under uncertainty. Traditional methods may underestimate equipment benefit when part of this benefit comes from decision flexibility. We develop a new, practical method for resource planning under uncertainty, and show that this approach is more accurate than several commonly used methods. We successfully applied our approach to an investment problem faced …
For nearly 80 years, Jeppesen has helped people safely reach their destinations by providing aviation professionals worldwide with navigational information, flight-planning services, and operations solutions. About 20 years ago, Jeppesen—like many companies—began to struggle with the transformation from the Triassic age of cumbersome machinery and analog pencil-on-paper decision making to electronic media and charting in the fast-moving digital age. Many …
