6 Questions
What is the process of decision making?
Defining the problem, identifying the alternatives, determining the criteria, evaluating the alternatives, and choosing an alternative
What is a single-criterion decision problem?
A problem where the objective is to find the 'best' solution with respect to just one criterion
What is problem solving?
Identifying a difference between actual and desired state of affairs and taking action to resolve it
In a multicriteria decision problem, what is the objective?
To find the best solution considering all the criteria
What does a model represent in the context of decision-making?
A representation of a real object or situation
What is the alternative in the context of decision-making?
The alternative selected
Study Notes
Decision Making Process
- The process of decision making involves identifying a problem, gathering information, and choosing a course of action to solve the problem.
Single-Criterion Decision Problem
- A single-criterion decision problem is a type of decision problem where the choice is based on a single factor or criterion.
Problem Solving
- Problem solving is the process of identifying a problem, generating and evaluating solutions, and implementing the best solution.
Multicriteria Decision Problem
- In a multicriteria decision problem, the objective is to find the best alternative that satisfies multiple conflicting criteria.
Decision-Making Model
- A model in the context of decision-making represents a simplified representation of a real-world problem or situation.
Alternative in Decision-Making
- An alternative in the context of decision-making refers to a possible course of action or solution to a problem.
Note: These bullet points aim to provide a concise and clear summary of the key concepts related to decision making, focusing on the key facts and definitions.
Test your understanding of problem solving and decision making with this quiz. Explore the process of identifying differences and taking action to resolve them, as well as defining problems, identifying alternatives, and making decisions. This quiz covers single-criterion decision problems and more.
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