The Science of Common Sense: Best Practical Decision Science Methods

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9780692503027: The Science of Common Sense: Best Practical Decision Science Methods
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When it comes to discussing the myriad of decision science methods available to solution developers, it is essential they be easy to use, easy to understand, and provide examples of their use in the field. The Science of Common Sense: Best Practical Decision Science Methods presents a selection of the very best decision-making methodologies based on the insights of authors Frank A. Tillman, PhD, PE, and Deandra T. Cassone, PhD, PMP—insights they gained through years of consulting, operating their own companies, and working in a variety of corporate situations. This guide to decision science best practices explores a number of methodologies that are organized into sections covering multiple criteria decision making and ranking techniques, multiple objective decision-making, and group decision-making, which includes idea generation and expert opinion. It also introduces data mining and analysis, presents an overview of simulation, and delivers practical applications for these tools. Professionals and academics interested in the areas of business, industrial engineering, and decision science will find this to be an indispensable follow-up to the authors’ previous book, A Professional's Guide to Decision Science and Problem Solving.

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About the Author:

Frank A. Tillman, PhD, PE, has a varied career of over thirty years in academia, consulting, and real estate development. He served as department head at Kansas State University for more than twenty years, where he published over fifty professional articles and four books. He has also authored several books for professionals identifying the approaches that work best for solving problems and offering practicable solutions. Deandra T. Cassone, PhD, PMP, serves as an associate professor in the Industrial and Manufacturing Systems Engineering program at Kansas State University and has been in management at a Fortune 100 company. Her career of over twenty-five years includes consulting, technical, and management roles and has published two books. With an interest in building structured decision-making models, she has been awarded numerous business process patents. Together they have authored "A Professional's Guide to Decision Science and Problem Solving" and "The Science of Common Sense: Best Practical Decision Science Methods."

Review:

ISE MagazineIndustrial and Systems Engineering at WorkJuly 2016 | Volume: 48 | Number 7BOOK OF THE MONTHAuthors cull proven methods for The Science of Common Sense"Problem-solving can be complex, so wouldn't it be handy to have in one hand the most useful decision science methods that have proven capable in the areas of business and industrial engineering?Well, that was the aim of IISE fellow Frank A. Tillman and IISE member Deandra T. Cassone in The Science of Common Sense:  Best Practical Decision Science Methods.  Instead of the traditional author's take of studying methods, Tillman and Cassone approached the book from the point of view of solving problems.  They distill 20 years of experience with Fortune 500 companies, the military, Joint Chief of Staff and the government.Methods include multiple criteria decision-making, multiple objective decision-making, group decision-making, statistical analysis, forecasting and simulation.  The authors identified seven guiding principles to follow in solving problem:

  1. Select methods the decision maker can understand.
  2. Make the decision process easy to use
  3. The model must fit the time frame available for development.
  4. The model must be adaptable to an ever-changing corporate environment
  5. The model must be linked to achieving the corporate objectives.
  6. Lack of data can be supplemented with expert opinion.
  7. An optimal solution is defined as, 'Are we doing this better than before measured against corporate objectives.'"
Reviewer: Industrial and Systems Engineering at Work, July 2016, Volume 48:  Number 7 Copyright (c) 2016 Institute of Industrial and Systems Engineers

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