Busıness Decısıon Models Deneme Sınavı Sorusu #1405688

What is the fifth step in the decision-making process?


Defining the problem

Establishing objectives

Listing all possible decision alternatives

Identifying the possible outcomes for each decision alternative

Identifying the pay-off matrix for each combination of alternatives


Yanıt Açıklaması:

The fifth step in the decision making process is "Identifying the pay-off matrix for each combination of alternatives."In this step, the matrix for each alternative and event combination is generated and the outcomes are written to the matrix.

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