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Decision-making and decision-making models

Assignment Help Operation Management
Reference no: EM1323631

1. What are the risks of bypassing the steps in the following decision-making model?

I. Framing the Problem:

Identify the problem
Define the criteria, goals, and objectives
Evaluate the effect of the problem

II. Evaluate the Decision:

Measure the impact
Implement a decision

III. Make the Decision:

Identify probable causes
Frame alternatives
Evaluate the impact of the alternative
Finally, make a decision

2. Under what circumstances would it be appropriate or inappropriate to use a decision-making model?

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Reference no: EM1323631

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