April 21, 2013

Selecting a decision tool

The selection of a decision method is not a straight forward approach. There is no tool selection reference document to select the most suitable from and it is possible to find more than one suitable tool for a single decision. However, there are few guiding points such as, amount of information available, timescale, complexity, knowledge of the environment and knowledge of various tools.

The knowledge of various tools benefits, applications and shortcomings can aid the process of selecting the most suitable tool for a certain decision.

When i am in a position to make a decision i can start by identifying what are the affecting factors in terms of information, timescale and knowledge of the current problem. Secondly, i can compare the decision objectives to the decision tools available while being aware of their limitations. It is also possible to use multiple tools to cover for certain limitation or multiple objectives.

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  • Good point, you dont have to consider it while using the decision tree as the available data is limi… by Ahmed Alali on this entry
  • Good point Bu Salim. However, i failed to mention that a decision objective is linked to the busines… by Ahmed Alali on this entry
  • I do agree with you Ahmed that certain modification enhance GA performance, however, even if someone… by Waddah Alharthi on this entry
  • as u said, the time scaling and sentivity need to be taken into account… i agree but do u think in… by Tzu-i Yang on this entry
  • i agree with u … choosing tools is not easy… we might fall into trap info….it was whyi decisio… by Tzu-i Yang on this entry

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