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Author:Malhotra, M.
Sharma, S.
Nair, S.
Title:Decision making using multiple models
Journal:European Journal of Operational Research
1999 : APR 1, VOL. 114:1, p. 1-14
Index terms:OPERATIONAL RESEARCH
MODELS
DECISION MAKING
Language:eng
Abstract:Many real world business situations require classification decisions that must often be made on the basis of judgment and past performance. In this paper, they propose a decision framework that combines multiple models or techniques in a complementary fashion to provide input to managers who make such decisions on a routine basis. The authors illustrate the framework by specifically using five different classification techniques -- neural networks, discriminant analysis, quadratic discriminant analysis (QDA), k-nearest neighbor (KNN) and multinomial logistic regression analysis (MNL).
SCIMA record nr: 195034
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