Decision Analysis
i am international student . i have Home Work .i want you to do rephrase for it . with out any change for concept .
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1) What is Decision Analysis? When is it most useful? Briefly outline a generic Decision Analysis process. How can a decision maker communicate the objectives of a decision?
Solution:
Decision analysis involves the making of decisions that are logic and which can shed light where there are hard decisions that need to be made. By using the decision analysis methodology, one is, therefore, able to come up with conclusions that are compelling and have a clear insight into the solutions that the decision maker intends to utilize.
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