Randomness vs. fuzziness in managerial decision-making
Managers often deal with uncertainty of a different nature in their decision processes. They can encounter uncertainty in terms of randomness or fuzziness (i.e., mist, obscurity, inaccuracy or vagueness). In the first case (randomness), it can be described, for example, by probability distribution,...
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| Format: | Article |
| Language: | English |
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EDP Sciences
2019-01-01
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| Series: | SHS Web of Conferences |
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| Online Access: | https://www.shs-conferences.org/articles/shsconf/pdf/2019/02/shsconf_ies2018_01002.pdf |