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opment of Generalists 9 Management Science
Responsibility Channels 17 Cybernetic Systems 20 The Nature of a Decision 21 Philosophers
Goals Purposes and Rational Behavior
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achieve administrator alpha-level amount analysis approach assume black box bounded rationality cent coefficient of optimism competitor complex conflict consider cost customers decision criterion decision theory decision-maker degree determine developed discussion dollars effect example executive exist expected payoff expected value fact factors feedback forecasts Howard Raiffa important individual input-output model inputs interval scale inventory investment jectives kind Laplace criterion lose manager manager's mathematical maximize maximum means measure of utility ment methods minimax multiple objectives nature number of possible number of strategies obtained occur operations research opponent opportunity cost optimum organization organization's organizational outcomes output payoff matrix payoff measure plant principle prob probability probability theory procedure profit question rank ratio scale reason regret relevant result risk selected situation solution solve specific subjectivist suboptimization Suppose tion total orders variables Wald criterion