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BBA312 Decision Analysis Task 1.3: Description: you will need to search and provide a detailed description of a complex business problem for amazon company and

BBA312 Decision Analysis Task 1.3:

Description: you will need to search and provide a detailed description of a complex business problem for amazon company and you've to provide the framework to deal with this problem using proper decision analysis.

INSTRUCTIONS

Main task

The report must address the following points:

  1. Describe of a complex amazon decision problem. You must provide relevant context - why is the decision important, why is the decision process taking place at this time, etc.

  2. Define and provide a reasonably detailed description of:

    • the goal and scope of the decision process;

    • at least two feasible alternatives;

    • at least one measure or metric for the quality of the decision process outcome.

  3. Describe relevant sources of uncertainty and how these may affect the decision process - is uncertainty easy to quantify?

  4. Describe possible sources of risk in the context of this decision problem.

word count: 2500

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