IDEAS home Printed from https://ideas.repec.org/a/inm/orinte/v22y1992i6p84-93.html
   My bibliography  Save this article

Management and Application of Decision and Risk Analysis in Du Pont

Author

Listed:
  • F. V. Krumm

    (Du Pont, 1007 Market Street-D-3146, Wilmington, Delaware 19898)

  • C. F. Rolle

    (Du Pont, 1007 Market Street-D-3144, Wilmington, Delaware 19898)

Abstract

Decision and risk analysis (D&RA) enables Du Pont's business teams to develop creative strategy alternatives, evaluate them rigorously, select those with the greatest expected shareholder value, and design implementation plans the businesses can enthusiastically support. Du Pont organized internal and external resources to develop its D&RA capability and incorporated D&RA in several ongoing business processes. One Du Pont business utilized D&RA techniques to develop a business strategy that enhances value by $175 million.

Suggested Citation

  • F. V. Krumm & C. F. Rolle, 1992. "Management and Application of Decision and Risk Analysis in Du Pont," Interfaces, INFORMS, vol. 22(6), pages 84-93, December.
  • Handle: RePEc:inm:orinte:v:22:y:1992:i:6:p:84-93
    DOI: 10.1287/inte.22.6.84
    as

    Download full text from publisher

    File URL: http://dx.doi.org/10.1287/inte.22.6.84
    Download Restriction: no

    File URL: https://libkey.io/10.1287/inte.22.6.84?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Kleijnen, Jack P. C. & Gaury, Eric, 2003. "Short-term robustness of production management systems: A case study," European Journal of Operational Research, Elsevier, vol. 148(2), pages 452-465, July.
    2. Kleijnen, Jack P. C., 1995. "Verification and validation of simulation models," European Journal of Operational Research, Elsevier, vol. 82(1), pages 145-162, April.
    3. Kleijnen, J.P.C., 1995. "Sensitivity analysis and related analysis : A survey of statistical techniques," Research Memorandum FEW 706, Tilburg University, School of Economics and Management.
    4. Donald L. Keefer & Craig W. Kirkwood & James L. Corner, 2004. "Perspective on Decision Analysis Applications, 1990–2001," Decision Analysis, INFORMS, vol. 1(1), pages 4-22, March.
    5. Kenneth Chelst, 1998. "Can't See the Forest Because of the Decision Trees: A Critique of Decision Analysis in Survey Texts," Interfaces, INFORMS, vol. 28(2), pages 80-98, April.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:inm:orinte:v:22:y:1992:i:6:p:84-93. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Asher (email available below). General contact details of provider: https://edirc.repec.org/data/inforea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.