Discussion Posts
Describe in at least two paragraphs the quantitative analysis approach, to include a high level overview of the importance of identifying the problem, developing a model, acquiring input data, developing a solution, testing the solution, analyzing results, and implementation.
Please respond to the initial question by day 5 and be sure to post two additional times to peers and/or instructor by day 7. The initial post by day 5 should be 75 to 150 words, but may go longer depending on the topic. If you use any source outside of your own thoughts, you should reference that source. Include solid grammar, punctuation, sentence structure, and spelling. If you haven't recently, please review the Rules of Discussion.
Week 2 Discussion
Decision Analysis
Select an organization you have worked for or any organization of interest and discuss how decision analysis could be used to solve a business problem.
Describe a decision tree and discuss how such a tool can be utilized to improve decision making.
Please respond to the initial question by day 5 and be sure to post two additional times to peers and/or instructor by day 7. The initial post by day 5 should be 75 to 150 words, but may go longer depending on the topic. If you use any source outside of your own thoughts, you should reference that source. Include solid grammar, punctuation, sentence structure, and spelling. If you haven't recently, please review the Rules of Discussion.