Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

what to write in response to a classmate discussing the following: I chose the decision matrix as my process improvement tool. A decision matrix is

what to write in response to a classmate discussing the following: I chose the decision matrix as my process improvement tool. A decision matrix is grid that can be used when there are multiple solutions to an answer to narrow it down to a single solution. This tool helps you view all solutions at one time and can be used when the decision must be made on certain criteria or when you already have manageable number of solutions. When using the decision matrix, first identify the problem and possible solutions. Then establish the rating scale you wish to you and assign a value to each one. For example, 1 being least desirable while 5 is most desirable. On one side of the matrix write out the solutions and on the top side write down the desirable criteria. Then assign a rating based on the values you created. Now you have a visible table that can help you decided on a single solution. This could be used in a scenario when choosing a supplier for medical supplies. The side of the matrix would have the different names of the medical suppliers and the top of the matrix can have the criteria such as cost, quality of supplies, difficulty of use, etc. Then the chart can be completed based on the rating scale of 1 being the least desirable and 5 being the most desirable. Then a medical supplier can be chosen

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Digital Business And E Commerce Management

Authors: Dave Chaffey, Tanya Hemphill, David Edmundson-Bird

7th Edition

ISBN: 1292193336, 978-1292193335

More Books

Students also viewed these General Management questions

Question

12.3 Explain employment termination of various occupational groups.

Answered: 1 week ago

Question

Define outplacement and severance pay.

Answered: 1 week ago

Question

What would you do?

Answered: 1 week ago