THE GENERALIZATION POWER OF REUSABLE DECISION MODELS

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Published: Aug 1, 2000
DOI: https://doi.org/10.35426/IAv29n87.01

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ROBERTO LEY BORRAS
Technological Institute of Orizaba, Mexico

Abstract

This article presents concepts, models, teenies and recommendations for reusable decision models building. This models are new ways to tackle an important decision for industry and organisations in general. A reusable model decision permits to analyze particularity cases of a family of decision situations (group of particularity situations with common elements) doing specific changes to a general model. Using reusable models it is possible to obtain a particular decision model in lower time and with few effort.
Each reusable model is formed by a master model which includes all the decisions, alternatives, random events, results and preferences. The ordinary situations of decision family are contained in a great model of decision which permits us to determinate what elements of this master self-active model for each particular situation are needed.

Article Details

Issue
Vol. 29 No. 87 (2000): Journal 87
Section
Publicados
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This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

Author Biography

ROBERTO LEY BORRAS, Technological Institute of Orizaba, Mexico

Professor, Researcher, and Director of the Decision Analysis Research Group at the Orizaba Institute of Technology. Dr. Ley holds a PhD in Economic Systems Engineering from Stanford University (California) with a concentration in decision analysis, a Master of Science in Industrial Engineering from Lehigh University (Pennsylvania), a Master of Science in Decision Analysis from Stanford University, and a Bachelor of Industrial Engineering from the Orizaba Institute of Technology, among other degrees. Email: ley@itorizaba.edu.mx. Research Area: Strategic Management.

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