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Question: Create a simple decision table that might be used to decide between three alternatives for outsourcing a service for a city government (You will

Question:

  1. Create a simple decision table that might be used to decide between three alternatives for outsourcing a service for a city government (You will have to fabricate amounts)
  • The three alternatives should differ in price, quality, and average turnaround time. Your alternatives should include an in-house option, privatization options, and a countyalternative.
  • Use the following format:

Criteria

Alternative 1

Alternative 2

Alternative 3

Cost

$

$

$

Quality

High/Med/Low

High/Med/Low

High/Med/Low

Turnaround Time

Minutes, hour, days etc.

Minutes, hours, days, etc.

Minutes, hours, days, etc.

  1. Take thealternatives you used in #1 to create an expected value table. Use the template provided in the lecture notes.
  2. Take thealternatives you used in #1 to create a weighted score table. Use the template provided in the lecture notes.
  3. Estimate amounts used in the calculation of a break-even analysis for each alternative in #1. Calculate break-even for each alternative.

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