Logical Decisions - Classweb

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Page 1 and 2: Logical Decisions Decision Support

Page 3 and 4: Table of Contents Table of Contents

Page 5 and 6: Assessing Weights with Weight Ratio

Page 7: Assessing Interactions Between Meas

Page 11 and 12: Introduction Real decisions aren't

Page 13: S E C T I O N Requirements and Inst

Page 16 and 17: "Logical Decisions". This program g

Page 19 and 20: Quick Start Introduction This secti

Page 21 and 22: Defining goals and measures. In LDW

Page 23 and 24: Figure 3-1. The SUF for "Years of E

Page 25 and 26: weights of the measures. All of the

Page 27: S E C T I O N Basic Tutorial 4

Page 30 and 31: Figure 4-1. Tutorial overview. 4-2

Page 32 and 33: Now lets make sure the alternatives

Page 34 and 35: Assume you have decided that you wi

Page 36 and 37: Next we will enter the measures for

Page 38 and 39: Defining Preferences The alternativ

Page 40 and 41: 1. Select the Assess::Common Units

Page 42 and 43: almost equally unacceptable, while

Page 44 and 45: 1. Select the Assess::Common Units

Page 46 and 47: When you do this, the tradeoff grap

Page 48 and 49: 1. Select "Performance" and "Price"

Page 50 and 51: 8. Click on the "Equal" button to t

Page 52 and 53: Figure 4-11. Display generated by R

Page 54 and 55: Figure 4-13. Overall ranking for tr

Page 56 and 57: Figure 4-15. Graph showing sensitiv

Page 58 and 59: You can see the completed introduct

Page 61 and 62: Advanced Tutorial This tutorial sec

Page 63 and 64: Probabilities There is a problem wi

Page 65 and 66: This information indicates that the

Page 67 and 68: A uniform distribution is defined b

Page 69 and 70: On the left is a list of the possib

Page 71 and 72: Figure 5-2. Example of Results::Unc

Page 73 and 74: screen a large database for the alt

Page 75 and 76: 9. LDW will ask if you want to appe

Page 77 and 78: commit to buying their truck before

Page 79 and 80: see that the rankings for all the a

Page 81: S E C T I O N Using LDW 1: Structur

Page 84 and 85: The Edit::Insert option. The Insert

Page 86 and 87: ! Summary -- view a dialog box that

Page 88 and 89: structure like an organization char

Page 90 and 91: If you check the Show Assessment St

Page 92 and 93: saves it for later pasting. When yo

Page 94 and 95: You can create a new Matrix view by

Page 96 and 97: The quick entry view shows the alte

Page 98 and 99: Structuring Goals The goals in an L

Page 100 and 101: these two fields to describe each m

Page 102 and 103: the hierarchy. In the Matrix view,

Page 104 and 105: ! Point Estimate -- use a single nu

Page 106 and 107: Figure 6-12. Example of a measure l

Page 108 and 109: Figure 6-14. Example of a measure l

Page 110 and 111: pass, LDW replaces each probabilist

Page 112 and 113: Figure 6-17. Dialog box for definin

Page 114 and 115: Figure 6-18. Measure Category Dialo

Page 117: S E C T I O N Using LDW 2: Assessin

Page 120 and 121: measure utility functions for the g

Page 122 and 123: information as possible when you ch

Page 124 and 125: measures with categories require mu

Page 126 and 127: The "Reset" button deletes any asse

Page 128 and 129: You can change the shape of the cur

Page 130 and 131: Figure 7-4. Utility Assessment Scre

Page 132 and 133: very different from the average of

Page 134 and 135: Figure 7-6. Assessment matrix for A

Page 136 and 137: You can, however, leave the assessm

Page 138 and 139: properties dialog box can be select

Page 140 and 141: the same level. LDW provides a grap

Page 142 and 143: options in the Hierarchy menu to ad

Page 144 and 145: The check box labeled "Allow Repres

Page 146 and 147: Next you will see a tradeoff assess

Page 148 and 149: The Tradeoff::Use Alternatives to S

Page 150 and 151: Figure 7-13. Example of Direct Entr

Page 152 and 153: You can think of the importance num

Page 154 and 155: Figure 7-15. Assessment Screen for

Page 156 and 157: When you have selected two members

Page 158 and 159: ("importance strength") that best d

Page 160 and 161: clicking on the "Initialize" button

Page 162 and 163: Set a Small k. The Enter Small k op

Page 164 and 165: select the tradeoff you would like

Page 166 and 167: Figure 7-18. Effects of consistency

Page 169 and 170: Using LDW 3: Reviewing Results Intr

Page 171 and 172: The curve shows how the utility fun

Page 173 and 174: The tradeoff graph has one measure

Page 175 and 176: When you select the option, you are

Page 177 and 178: the relative weights of the "Price"

Page 179 and 180: epresents a computer alternative wi

Page 181 and 182: Figure 8-11. Example of Review::Ass

Page 183 and 184: e true even if the measure has a ve

Page 185 and 186: an analysis are included in exactly

Page 187 and 188: Graph Weights The Graph Weights dis

Page 189 and 190: Figure 8-16. Results::Rank Alternat

Page 191 and 192: Figure 8-18. Dialog box for Results

Page 193 and 194: You can use the measure equivalents

Page 195 and 196: simulation for each alternative usi

Page 197 and 198: Sensitivity Graphs Sensitivity grap

Page 199 and 200: You can view a sensitivity table by

Page 201 and 202: Figure 8-28. Example of Results::Sc

Page 203 and 204: Figure 8-30. Example of Results::Sc

Page 205 and 206: In the dialog box, you are asked to

Page 207 and 208: Figure 8-34. Dialog box for Results

Page 209 and 210: Graph an Alternative The graph an a

Page 211 and 212: Figure 8-38. Example of Results::Gr

Page 213 and 214: Finally, the two radio buttons on t

Page 215 and 216: Figure 8-43. Example of Results::Co

Page 217 and 218: Printing and Saving Windows You can

Page 219 and 220: The dialog box will show you the fi

Page 221 and 222: Figure 8-45. Dialog box for Edit::C

Page 223 and 224: Changing the range for utility. You

Page 225 and 226: Figure 8-50. Dialog box for Prefere

Page 227 and 228: the current color for that type of

Page 229 and 230: copies the selected objects to the

Page 231 and 232: analysis with the skeleton analysis

Page 233 and 234: Figure 8-55. Dialog box for File::I

Page 235 and 236: the other measures. The measure nam

Page 237 and 238: The idea of the Import Structure op

Page 239 and 240: Next, LDW asks you if it should app

Page 241 and 242: Other Options utility function for

Page 243: In addition, the Window menu contai

Page 247 and 248: In Depth Introduction This section

Page 249 and 250: A third example is a portfolio deci

Page 251 and 252: Each alternative has a raw score (c

Page 253 and 254: into more specific goals continues

Page 255 and 256: Measures in LDW You define measures

Page 257 and 258: computed measure levels to common u

Page 259 and 260: Converting the Measures to Common U

Page 261 and 262: Figure 9-2. Example of linear (stra

Page 263 and 264: For an example of the mid-level spl

Page 265 and 266: Since U(L0) = U(80) = 0 and U(L1) =

Page 267 and 268: Figure 9-5. Summary of SUF assessme

Page 269 and 270: describe two alternatives: A, which

Page 271 and 272: with equal chances of 40 and 70 per

Page 273 and 274: In the original formulation of the

Page 275 and 276: 1 Equal Importance Two activities c

Page 277 and 278: You begin the process by selecting

Page 279 and 280: Figure 9-7. Effects of goals with a

Page 281 and 282: 0.5. Then the weight assigned to "P

Page 283 and 284: ! You can use the "Smarter Method"

Page 285 and 286: allocates this weight before comput

Page 287 and 288: nth root of the product of the rati

Page 289 and 290: Figure 9-8. Summary of estimating t

Page 291 and 292: on the decision maker's response, L

Page 293 and 294: Figure 9-10. MUF assessment figure

Page 295 and 296: Now think of adjusting P so that th

Page 297 and 298: Another approach is to use the rang

Page 299 and 300: Figure 9-12. Quantitative range vs.

Page 301 and 302: If a measure’s range changes, LDW

Page 303 and 304: Figure 9-14 is an example of the ov

Page 305 and 306: Similarly, a single member can have

Page 307 and 308: chance having 160 hp (the most pref

Page 309 and 310: A probability of less than 0.5 for

Page 311 and 312: Interpreting the Ranking Results LD

Page 313: S E C T I O N Examples 10

Page 316 and 317: the idea that other manufactures an

Page 318 and 319: The completed goals hierarchy is sh

Page 320 and 321: Buying a House The ranking results

Page 322 and 323: Figure 10-5. Goals hierarchy for bu

Page 324 and 325: Overall goal Quality goal Costs goa

Page 326 and 327: The preference assessments were don

Page 328 and 329: Figure 10-9. Goals hierarchy for re

Page 330 and 331: ! Noise, ! Agricultural Impacts, an

Page 333: S E C T I O N Commands Summary 11

Page 336 and 337: Assess Menu Edit Menu The Assess me

Page 338 and 339: File Menu Edit::Insert Lets you add

Page 340 and 341: utility function” if the active g

Page 342 and 343: Matrix Menu ! Hierarchy -- options

Page 344 and 345: Results::Dynamic Sensitivity See th

Page 346 and 347: Review::Compute Utilities Compute t

Page 348 and 349: Tradeoff Menu View Menu LDW display

Page 351: S E C T I O N Glossary 12

Page 354 and 355: Common Units Certainty Equivalent C

Page 356 and 357: LDW File Level Lottery Measure assi

Page 358 and 359: MUF MUF Formula See also: Alternati

Page 360 and 361: Preference Set Probabilistic Level

Page 362 and 363: Tradeoff Trial program decides whic

Page 367 and 368: Bibliography This brief bibliograph

Page 369: Appendix A

Page 372 and 373: for all measures i except 1 and 2.

Page 375: Index I

Page 378 and 379: probabilistic ..............6 - 29

alternatives

measures

utility

dialog

goals

weights

levels

active

preferred

assessment

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