International Journal of Applied Research
Vol. 2, Issue 10, Part F (2016)
Optimization under uncertain decision making
This paper focuses on administrative decision making uncertain. Since nobody, in this way, has concentrated on risk attitudes in parallel with their actual behavior when taking care of risky prospects the territory. Swedish forest industry concerning how they define risk, how they handle risk, how they make risky decisions, and how the hierarchical connection influences the choice making process. Problems that have been distinguished in this study are the absence of data and exact target information, that danger and probability estimations made by the directors are frequently in view of insufficient data and instinct, that no formal investigation is completed, that no PC based decision tools are utilized as a part of the decision making processes, and consequently most decisions are taking into account instinct and hunch.
How to cite this article:
Mobin Ahmad. Optimization under uncertain decision making. International Journal of Applied Research. 2016; 2(10): 400-403.