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The Decision-Maker, A Vital Component of the Decision-Making Process

  • Nolberto Munier
  • Eloy Hontoria
  • Fernando Jiménez-Sáez
Chapter
Part of the International Series in Operations Research & Management Science book series (ISOR, volume 275)

Abstract

Decisions are made by human beings. It does not matter how many different methods are available for this activity and how accurate they seem to be; they are simply tools to organize and process information and to support the DM. Once the processing of data is finished, they provide results but not definite valuable conclusions. It is the decision-maker who analyses this information and, based on it, decides and advises the stakeholders. This chapter is devoted to examining the functions of this important entity who has a great responsibility, and who must provide realistic and well-founded conclusions for the board of directors, to make the final decision.

References1

  1. *Encyclopaedia of Management – Multi-Criteria Decision Making. http://www.referenceforbusiness.com/management/Mar-No/Multiple-Criteria-Decision-Making.html
  2. *Mina T (2011) The Itaipú Dam – Impacts of construction. http://large.stanford.edu/courses/2011/ph240/mina2/
  3. *Yardley J (2007) Chinese dam projects criticized for their human costs. https://www.nytimes.com/2007/11/19/world/asia/19dam.html

Copyright information

© Springer Nature Switzerland AG 2019

Authors and Affiliations

  • Nolberto Munier
    • 1
  • Eloy Hontoria
    • 2
  • Fernando Jiménez-Sáez
    • 3
  1. 1.INGENIO, Polytechnic University of ValenciaKingstonCanada
  2. 2.Universidad Politécnica de CartagenaCartagenaSpain
  3. 3.Universidad Politécnica de ValenciaValenciaSpain

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