Decision Analysis
Describe a complex business decision problem. The problem may be real or imaginary (don’t forget to
include appropriate references if you’re using a real problem).
You must provide relevant context -why is the decision important, why is the decision process taking place at this time, etc.
Define and provide a reasonably detailed description of:
the goal and scope of the decision process;
at least two feasible alternatives;
at least one measure or metric for the quality of the decision process outcome.
Describe relevant sources of uncertainty and how these may affect the decision process – is
uncertainty easy to quantify?
Describe possible sources of risk in the context of this decision problem.
