Rolling Presentation Pf3
Transcript of Rolling Presentation Pf3
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Decision Support Tool (DST)
What is theDecision Support
Tool?
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Decision Support Tool (DST)
Who is it applicable to?
Vehicle Manu facturers
SuppliersLocal/NationalGovernment
Commercia lUsers
Mem bers ofthe publ ic
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Decision Support Tool (DST)
How does itwork?
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Decision Support Tool (DST)
How does it work? STEP 1 DECISION QUESTIONStar t by def in ing the decis ion to besupported .
Decis ions categorised by decis ion m akertype and d ecis ion typ e to a id se lect ion .
EXAMPLEIm a private consumer PUBLIC
Im making a decision relating to vehicle PURCHASE
Decision I need to decide
which vehicle to purchase from a set of identifiedvehicles?
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Decision Support Tool (DST)
How does it work? STEP 2 VALUE PROFILEIdent i fy wh at i s imp ortant to the decis ionmaker their valu e set .
Nest ing a l lows for level of d etai l to ref lectkno wledge o f user.
EXAMPLE Vehicle Purc haseSpecify im portanc e on 0 (lowest) to 10 (high est)imp ortance for set of factors relevant to purch asedecisions.
Both q uan t i f iab le aspects such as purchase cost andsub jective factors such as aesthetics (appearance) canbe included.
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Decision Support Tool (DST)
How does it work? STEP 3 VALUE PROFILE(2)Identify how the decision makerspreference v ar ies wi th var iat ions in the
factors on w hich the decis ion is based .
EXAMPLE Purchase CostWhen do es a difference in price between 2 vehiclesimp act your preference for a vehicle?
e .g . i f you are consider ing between 2 20k veh ic les ,does 100 d i fference in p r ice in f luence your decis ion , o rare you indifferent to suc h a small price difference?
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Decision Support Tool (DST)
How does it work? STEP 4 DECISION SPECIFICATIONDefine the scenario in w hich th e decis ion isbeing m ade i.e . inform at ion w hich p rovides
con text for the decis ion .
EXAMPLE Vehicle Purc haseInformat ion captured about how and where thevehicle i s us ed.
road types mo torw ay, urban etc. d r iv ing s ty le across cong est ion ch arg ing zone? annual m ileage
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Decision Support Tool (DST)
How does it work? STEP 4 DECISION SPEC N (2)Specify each of the opt ions b eingcon sidered and evaluated , both factual and
sub ject ive imp ress ions .
EXAMPLE Vehicle Purc haseInformat ion captured about the vehicles .
Factual w eight, drag c o-efficient etc. Subjective aesthetics, im age etc.
Data, such as fuel econo my mig ht be entered directly, orgenerated th roug h s imulat ion .
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Decision Support Tool (DST)
How does it work? STEP 5 DATA PROCESSINGInpu t d a ta i s now processed us ingPROMETHEE m ethod olo gy.
Migh t inc lude s im ula tions , cos t m odelcalcu lat ions etc. to g enerate data.
EXAMPLE Vehicle Purc haseVehic le sim ulation - WARPSTAR returns fueleconom y for a dr ive cycle generated based onusers u se profi le .
Figure more representat ive of real -world econom y. g/km
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Decision Support Tool (DST)
How does it work? STEP 6 RESULTSOptions ranked. This m ight includ econ t inuou s op t ions such as de termin ing
op t imu m pr ice .
Confidence in resul ts a lso ind icated .
EXAMPLE Vehicle Purc haseVehicles ranked accord ing to preference ofdecis ion maker
Based on speci f ied value set and speci f icat iondata.
Vehicle SatisfactionIndex
Toyota Prius 5.45
Honda IMA 3.2
Jaguar XType
4.5
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Decision Support Tool (DST)
How does it work? STEP 7 DESIGN BY ITERATIONWhat if ques t ion s analysed . Too l cou ld beused recurs ively bu t s low.
Autom ation th roug h inpu ts as variab les o rtargets .
EXAMPLE Vehicle Purc haseWhat i f som eone else also dr ives the vehicle?
What i f I do less /more m i les per annum ?
What if . ?
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Decision Support Tool (DST)
What are thebenefits of
using theDST?
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Decision Support Tool (DST)
What are the benefits of using the DST?Improved decision making through
consideration of factors in a structured format. ability to test sensitivity to changes. assistance in generation of accurate data e.g. link
to simulation. capture of different perspectives across business
in a formal, non-technical manner.
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What are the benefits of using the DST?Leads to :
Accelerated decision taking through clear process andidentification of required information.
Reduced changes in programme. Easy-to-review reasoning behind decisions taken as auto
captured and documented. Easy to see the effects of changes during programme if
assumptions used differ from reality.
Business Benefits : Reduced time to market Reduced rework