Question
1.From your five days activities,identify which activities may be considered as Programmed Decisions and Unprogrammed Decisions and why? 2.Collect the information regarding the application of
1.From your five days activities,identify which activities may be considered as Programmed Decisions and Unprogrammed Decisions and why?
2.Collect the information regarding the application of Strategic, Tactical and Operational Decision and share your experience in writing.?
3.Find the research articles regarding the changing behavior of decision making due to COVID 19 and prepare the summary report.?
4.how to prepare pay off table of your own (mentioning three alternatives and three state of nature) to decide which alternative to choose using following;
a.Use Maximax, Maximin and Minimax Regret approaches to choose the optimum alternative.
b.Add probabilities for each state of nature (must be mutually exclusive) to choose the alternative with probability. (Scenario and payoff values must be different )
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