Lectures in Industrial Enterprise Systems
The following lecture examples will give you a chance to see the format of the General Engineering courses offered by the University of Illinois Engineering Online program. These courses contain streaming video lectures with synchronized slides.
The course demos use Windows Media Technology and must be viewed with Internet Explorer 5.0 or later along with Windows Media Player using a Windows operating system on your computer.
GE 530: Multiattribute Decision Making
- View GE 530 Lecture
- Instructor: Deborah Thurston
- Course Description: Decisions must often be made in the face of uncertainty. Tradeoffs must be weighed according to each decision maker's own subjective judgment and attitude towards risk. This course provides the student with background and practice in applying tools for subjective decision making when present or future states of nature are uncertain. The first part of the course explores current research in developing computer aids to decision making. Issues in descriptive (how do people currently make decisions) vs. normative (how should people make decisions) approaches are discussed. Multiattribute utility analysis is covered, beginning with theoretical foundations, through assessment procedures, practice, and pitfalls of potential cognitive biases.
- Prerequisites: Basic concepts underlying applications of probability and statistics to the analysis of data in the context of engineering design and decision making.