QUANTITATIVE MODULES Quantitative Module Decision-Making Tools A Module Outline THE DECISION PROCESS IN OPERATIONS FUNDAMENTALS OF DECISION MAKING DECISION TABLES TYPES OF DECISION-MAKING ENVIRONMENTS Decision Making Under Uncertainty Decision Making Under Risk Decision Making Under Certainty Expected Value of Perfect Information (EVPI) DECISION TREES A More Complex Decision Tree Using Decision Trees in Ethical Decision Making SUMMARY KEY TERMS USING SOFTWARE FOR DECISION MODELS SOLVED PROBLEMS
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Chapter 5 Techniques and Tools of Evaluation Tools and techniques are required to gather information. These should be valid‚ reliable and usable. Interpretation of gathered information needs to be given in numerical scores‚ grades as well as in qualitative terms. Judgement should be made not just on scholastic aspects but also on co-scholastic aspects which depend to a large extent on the learning ambience and learning culture of an institution. As far as interpretation is concerned‚ attainment
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Rapid Development Tools Assignment Title Reporting Foxes ICA CMPONENT 2 Submission Date: 3rd February 2012 Table of Contents Task 4 3 Running-Instructions Document: 3 Task 5 4 Test Plan for Reporting Foxes: 4 Task 6: 5 Critical Evaluation of My Application and the Software and Methodology 5 Task 7 7 Question 1: 7 Question 2: 8 Compare Mendix in detail with ONE other RAD tool 8 Reference: 13 Task 4 Running-Instructions Document: Running-Instructions Document
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group to define a recovery plan when it occurs. For example‚ the executive should divide their works into different parts so they can react at the first time when problem happen instead of wasting time on contact each other or ask how to do so. In this case‚ if they consider the attack happen in advance‚ the problem that the executive cannot get into Qdata center because of the authority issue would not
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administration of the company has realized that achieving good performance is attributed to some factors in the market. In this case‚ focusing on employee motivation has been among the priorities of the
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Case Summary Through the presented case‚ a careless and preventable situation has affected two patients. Patient with the last name‚ Jonesky‚ went to the emergency room‚ due to abdominal pain‚ causing her to have been vomiting for two days. Jonesky‚ who only speaks Russian‚ was accompanied by her husband who spoke minimal English. After several hours of waiting‚ the pain began to increase‚ leading to Jonesky’s husband approach the ER staff informing them of the pain worsening. Jonesky is then moved
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PG-41 Strategic Management - Session 10 Electrolux Case Summary Fei YE As the largest domestic products manufacturer in the world‚ Electrolux has about 70000 employees all around the world in about 150 countries‚ making 14 billion euros in sales in 2005. However‚ an acquisition case from its main competitor‚ Whirlpool‚ is challenging the first place of Electrolux‚ at the time Electrolux has just decided to divest its outdoor division. A huge decrease in sales in the following years is expected
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Wal*Mart Case Summary WalMart’s competitive advantage is a result of several key strategic actions. First‚ WalMart’s choice of geographic location in small town locations that were not being served by competitors allowed it to establish itself as the only discount retailer in these areas. This key strategic choice of location was completely different from what competitors had done and gave WalMart a first-mover advantage in markets that had not previously been served by discount retailers. A second
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disability‚ financing of public healthcare and mental health. Regulatory health policy tools look to the government use to help control and assign the behavior of certain groups by monitoring and enforcing the rules if they fail to follow imposing sanctions on them (Shi Singh‚ 2013). For example‚ the Joint Commission of Accreditation of Healthcare Organization known as JCAHO is one of the oldest regulatory tools in healthcare. They help set standards for hospitals and healthcare facilities. If a facility
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the modern president into a spectacle. The change of the president to a spectacle is used by modern presidents as a tool that allows them to implement national policy. One of the best examples of the president as a spectacle being used as a propaganda tool was during the presidency of Ronald Reagan. Reagan was elected into office at a time when
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