Decision Model - Formulation

Formulation

Formulation is the first and often most challenging stage in using formal decision methods (and in decision analysis in particular). The objective of the formulation stage is to develop a formal model of the given decision.

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Famous quotes containing the word formulation:

    In necessary things, unity; in disputed things, liberty; in all things, charity.
    —Variously Ascribed.

    The formulation was used as a motto by the English Nonconformist clergyman Richard Baxter (1615-1691)

    You do not mean by mystery what a Catholic does. You mean an interesting uncertainty: the uncertainty ceasing interest ceases also.... But a Catholic by mystery means an incomprehensible certainty: without certainty, without formulation there is no interest;... the clearer the formulation the greater the interest.
    Gerard Manley Hopkins (1844–1889)

    Art is an experience, not the formulation of a problem.
    Lindsay Anderson (b. 1923)