Question
Describe a real decision problem from your experience in the workplace. Be sure to describe the relevant stakeholders, the various objectives, attributes, performance on attributes,
Describe a real decision problem from your experience in the workplace. Be sure to describe the relevant stakeholders, the various objectives, attributes, performance on attributes, and the decision made. Identify any concepts and methods from this course that are relevant to your decision problem and explain how you would use them to make a decision. Apply the relevant concepts and methods from this course to your decision problem and compare the decision outcome to your own real decision. Specifically, the application of decision analysis concepts and methods including SMART, decision trees, sensitivity analysis, risk and utilities, measuring probabilities, etc. where appropriate and with relevant data is desirable.
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