Decision Analysis; Define the decision problem and analysis approach Custom Essay

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The following outline is suggested for the final paper and/or presentation:
� Problem Statement: Define the decision problem and analysis approach.
� Decision-making model: Describe the process and elements used to analysis the problem.
� Decision Alternatives: Identify possible alternative solutions to the problem and the possible outcomes that might result to each alternative.
� Values Analysis: Describe the (decision makers) preferred alternatives (top three) to the problem.
� Data Collection and Evaluation Process: Discuss how the data are collected, and the alternatives evaluated and compared.
� Conclusion: Summarize how you reduced complex alternatives with multiple consequences to your preferred solution.
� Attachments: Analysis Calculation, Sensitivity Analysis, decision tree diagrams, spreadsheets, etc.

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