Prescriptive Analytics: The Final Frontier for Evidence-Based Management and Optimal Decision Making, 1st edition

Using prescriptive analytics techniques, decision-makers can identify their best choices, optimize their approaches for handling new opportunities and risks, and update their decision options continually as new data arrives. Of all the forms of business analytics available, prescriptive analytics is most directly linked to successful decision-making. In Prescriptive Analytics: The Final Frontier for Evidence-Based Management and Optimal Decision Making, Dr. Dursun Delen illuminates the state-of-the-art in prescriptive analytics for both business professionals and students. Delen’s end-to-end, all-inclusive, holistic approach covers optimization, simulation, multi-criteria decision-making methods, inference- and heuristic-based decisioning techniques, and more. Throughout, he promotes understanding by presenting numerous conceptual illustrations, example problems and solutions, and motivational case and success stories. Coverage includes: