Optimal Decisions Under Uncertainty: Methods, Models, and Management

1. Decision Analysis for Management.- Risk Aversion in Decision Models.- Evaluating Decisions Under Uncertainty.- 2. Decision Analysis in Management: Methods and Models.- Optimization Models: Theory and Practice.- Theory of LP.- Applications of LP Models.- Stochastic Systems as Queuing Models.- Markovian Queue.- Case of Multiple Channels.- Infinite Channel Queue.- Optimizing Decisions Under Queuing Models.- Dynamically Optimum Systems.- Continuous Time Systems.- Discrete Time Systems.- 3. Optimal Decision Rules Under Uncertainty in Linear and Quadratic Models.- Linear Quadratic Models: Selected Examples.- Stochastic Programming Models: Selected Examples and New Applications.- Stochastic Control: Selected Examples.- Concluding Remarks.- 4. Information and its Efficient Use in Decision Models.- Information and Efficiency in Economic Models.- Optimality of Information in Statistical Models.- Applications in Management Science and Communication Theory.- Concluding Remarks.- 5. Portfolio Models in Financial Management.- Investment Portfolios and Firm's Production Behavior.- Optimal Diversification of Portfolios.- Portfolio Models Under MSE Criterion.- Econometric Analysis of Portfolio Models.- General Implications.- 6. Applied Stochastic Models in Operations Research.- Efficiency of Water Allocation Under Stochastic Demand.- Risk Sensitivity of Supply Response.- Optimal Fleet Selection and Bus Scheduling.- Optimal Monopolist Strategy Under Uncertainty.- Applied Models in Stochastic Programming.- Stochastic Program in a Fuzzy Environment.- Robust Decisions in Stochastic Models.- Efficiency in Stochastic Input-Output Systems.- 7. Optimal Decisions and Management Models.- Economic Planning Under Uncertainty.- Research Trends and Problems.