Help with decision analysis question

timer Asked: Nov 3rd, 2015
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Question Description

What is Decision Analysis?  When is it most useful?  Briefly outline a generic Decision Analysis process.  How can a decision maker clearly communicate the objectives of a decision

Tutor Answer

School: Cornell University

Thank you for the opportunity to help you with your question!

Decision analysis is the evaluation of any options available to a certain situation to make the right choice. It is most useful in a situation whereby the decisionmaker has many options to choose from and cannot make an instant decision.

A generic decision- making process involve the following process:

Identification of a difficult process to make, formulation of a statement regarding the decision,decision makers approve the decision process and create a quantitative model,analysis data for the model is provided and alternatives evaluated, the results act as a base for making new strategies and finally the strategy leads to the winning desion accombanied by its implimentation

A decision maker can clearly communicate the objectives of a decision by identifying and presenting the problem that the decision is made to solve.

Please let me know if you need any clarification. I'm always happy to answer your questions.

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Tutor went the extra mile to help me with this essay. Citations were a bit shaky but I appreciated how well he handled APA styles and how ok he was to change them even though I didnt specify. Got a B+ which is believable and acceptable.

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