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Decision Analysis

Chapter 3. Decision Analysis. Learning Objectives. List the steps of the decision-making process Describe the types of decision-making environments Make decisions under uncertainty Use probability values to make decisions under risk. After completing this chapter, students will be able to:.

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748 views • 74 slides

Decision Analysis

Decision Analysis. Chapter 3. Learning Objectives. After completing this chapter, students will be able to:. List the steps of the decision-making process Describe the types of decision-making environments Make decisions under uncertainty Use probability values to make decisions under risk.

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705 views • 39 slides

Decision Analysis

Decision Analysis. Decision Trees. Any problem that can be presented in a decision table can also be graphically represented in a decision tree Decision trees are most beneficial when a sequence of decisions must be made

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341 views • 30 slides

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Decision Analysis

Decision Analysis

Decision Analysis