“Graphics in Business Decision Making” by Miller

  • ©Irvin M. Miller




    Graphics in Business Decision Making



    Mountains of data can be converted into easily digestible graphs so that decision makers can grasp the peaks and trends of economic situations and make rapid and confidential decisions.We will study how we can define simple models using a graphic-based Industrial Dynamics system (Forrester of MIT), then interact with them symbionically to obtain graphs of various manufacturing or sales considerations. We will proceed to apply graphic analysis techniques to these graphs in order to produce curves that identify the sensitivities of the analysis, to reinforce confidence in the decision to be made. Finally, we will discuss the progress and the potential of graphics in business decision making.

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