Adapting Decisions, Optimizing Facts and Predicting Figures: Can Convergence of Concepts, Tools, Technologies and Standards Catalyze Innovation?

Abstract

Managing uncertainty is key in decision systems, such as supply chain management or military readiness. We propose a reasonable confluence of existing concepts, tools, technologies and standards that may, collectively, improve adaptability of decision systems to combat uncertainty in such diverse applications as profit optimization, response time in hospitals or military readiness.