Journal of the Korean Operations Research and Management Science Society (한국경영과학회지)
- Volume 10 Issue 1
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- Pages.41-53
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- 1985
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- 1225-1119(pISSN)
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- 2733-4759(eISSN)
Influence Diagram Approach for Strategic Decision Structuring Process
- Kim, Gi-Hyo (Department of Industrial Engineering, Korea Advanced Institute of Science and Technology) ;
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Kim, Soung-Hie
(Department of Industrial Engineering, Korea Advanced Institute of Science and Technology)
- Published : 1985.04.01
Abstract
The influence diagram is a new conceptual tool that can be used for structuring a strategic decision problem in decision analysis. It has a graphical representation of probabilistic dependence among variables in the decision problem. In this formal procedures for constructuring the influence diagram and for translating it into the corresponding decision tree are studied. An example that shows the power of the infuence diagram is shown.
Keywords