157-0356/02 – The Basics of Decision Making Methods (ZMRM)

Gurantor departmentDepartment of Systems EngineeringCredits3
Subject guarantorIng. Anna Křížová, CSc.Subject version guarantorIng. Anna Křížová, CSc.
Study levelundergraduate or graduateRequirementChoice-compulsory
Study languageCzech
Year of introduction2011/2012Year of cancellation2012/2013
Intended for the facultiesEKFIntended for study typesBachelor
Instruction secured by
LoginNameTuitorTeacher giving lectures
KR150 Ing. Anna Křížová, CSc.
Extent of instruction for forms of study
Form of studyWay of compl.Extent
Full-time Credit 2+1

Subject aims expressed by acquired skills and competences

. characterize the object and purpose of decision theory . characterize the types of decision-making processes . describe the structure of decision-making process . clarify the decision-making under certainty, uncertainty and risk . describe methods for decision support . understand and apply the logical-analytic method . understand and apply knowledge using methods from graph theory . understand and apply the formal-logical methods . describe and explain the forecasting methods

Teaching methods

Project work


Decision making as both the key to the management responsibility and the management attribute. The possibilities of the manager`s decision making level increasing. Methods, techniques and tools for the management decision making support. Approaches to the complex decision making problems solving.

Compulsory literature:

1.Noorderhaven, N.G.: Strategic Decision Making. Addison-Wesley 1995 2.Scott,W.R.: Organizations. Rational, Natural and Open Systems. Prentice Hall 2003

Recommended literature:

1.Cooke,S., Slack,N.: Making management decisions. Prentice Hall International 1991 2.Checkland,P.: Soft Systems Methodology in Action, John Wiley 1991

Way of continuous check of knowledge in the course of semester

Case studies.


Other requirements



Subject has no prerequisities.


Subject has no co-requisities.

Subject syllabus:

1. Purpose and objective decision making theory.  Decision-making in management.  decisions such as choosing a specific type.  decision-making process as a sequence of decisions over time.  Basic to effective decisions. 2. Typology of decision-making processes.  Decision making under certainty, uncertainty and risk.  Decision Making an exact, empirical-intuitive, heuristic.  individual and collective decisions.  3. The structure of decision-making process. 4. Decision making under certainty, risk and uncertainty.  The decision matrix.  Total expected consequences rule minimaxima, Savage, Hurwitzovo. 5. Methods for determining their characteristics.  Simple methods of decision making.  Mathematical Methods and Operations Research.  Other methods. 6. A simple method of choosing the best option.  scale nominal, ordinal and cardinal.  weighted rating. 7.- 8. Logical and analytical methods.  Decision analysis and its structure.  Application of decision analysis. 9.- 10. Methods of using the knowledge of graph theory.  Decision trees deterministic and stochastic.  Decision trees with a time and material sequences. 11. Decision networks.  Decision networks deterministic and stochastic. 12. Formal - logical methods.  Decision table and its quadrants.  Decision tables and mixed with a defined option. 13.- 14. Other methods.  Prognostic methods based on the information experts of individual forms and collecting forms.

Conditions for subject completion

Full-time form (validity from: 2011/2012 Winter semester, validity until: 2012/2013 Winter semester)
Task nameType of taskMax. number of points
(act. for subtasks)
Min. number of points
Exercises evaluation Credit  
Mandatory attendence parzicipation:

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Occurrence in study plans

Academic yearProgrammeField of studySpec.ZaměřeníFormStudy language Tut. centreYearWSType of duty
2012/2013 (B6208) Economics and Management (6202R049) Accounting and Taxes (00) Accounting and Taxes P Czech Ostrava 2 Choice-compulsory study plan
2012/2013 (B6202) Economic Policy and Administration (6202R040) Regional Development P Czech Ostrava 2 Choice-compulsory study plan
2011/2012 (B6208) Economics and Management (6208R011) Economics and Law in Business P Czech Ostrava 2 Choice-compulsory study plan

Occurrence in special blocks

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