Spring 2002
Tuesdays 12:15 Note the special room!
(Supported in part by the Systems Science and Engineering Research Center)
Seminar Schedule:<http://math.la.asu.edu/~tom/cognition/math+cogsched.html>
The Mathematics and Cognition, Joint with the Stochastic Modeling Seminar Series, will
present our next lecture on Tuesday, March 26, at 12:15 PM in GWC 510 (Light Refreshments at
12:00).
Our speaker will be Dr. Craig Kirkwood of the Department of Supply Chain Management, College
of Business, who will speak on the topic:
"Formulating and solving large scale decision analysis problems"
Abstract.
| From their development in the 1960s until the early 1990s, decision trees were the most common modeling approach for normative models of decisions under uncertainty. More recently, new graphical and algebraic methods have come into wider use to facilitate formulating and solving much larger decision analysis models than can comfortably be considered using decision trees. This presentation will review these new methods and examine why large scale decision analysis models can be useful in practice. Several practical examples will be discussed, and computational results will be presented. |