DocumentCode :
2517271
Title :
Visualization of probabilistic business models
Author :
Virine, Lev ; Rapley, Lisa
Author_Institution :
Calgary Technol. Center, Alta., Canada
Volume :
2
fYear :
2003
fDate :
7-10 Dec. 2003
Firstpage :
1779
Abstract :
One of the main challenges in the modeling of business problems is to provide the modeler and the user with meaningful visual tools. The business model is usually presented by different types of flow charts and diagrams. If the modeling process is simplified in how it is represented to the user, it improves understanding, as well as, helps to interpret the result of the analysis. We discuss a proposed methodology for business modeling and how this process can be applied to real world problems. The formal iterative modeling process includes a probabilistic model description, domain model diagram, and diagrams to define model´s calculation logic, sensitivity analysis tools, decision trees, and other tools. We also discuss benefits of the unification of specification for the visualization tools. The described methodology is used in decision and risk analysis application decision tool kit.
Keywords :
business graphics; data visualisation; decision making; decision trees; formal specification; risk analysis; sensitivity analysis; business problem modeling; computer-based business analysis; decision tree; domain model diagram; formal iterative modeling; model calculation logic; probabilistic business model visualization; probabilistic model description; risk analysis application decision tool kit; sensitivity analysis tool; Algorithm design and analysis; Application software; Data visualization; Decision making; Decision trees; Flowcharts; Probabilistic logic; Risk analysis; Risk management; Sensitivity analysis;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Simulation Conference, 2003. Proceedings of the 2003 Winter
Print_ISBN :
0-7803-8131-9
Type :
conf
DOI :
10.1109/WSC.2003.1261633
Filename :
1261633
Link To Document :
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