Executive Summary Oceanview is considering a property bid of $5 million, which would require them to submit a deposit of 10% of the bid amount. Should the bid be rejected, the deposit will be refunded. However, should Oceanview win the bid, they must still consider the approval of zoning change to built the condominium. If the zoning is approved, the building can start. If not, the 10% deposit will be forfeited. From the flow summarized above, we can see that the green light to carry on building
Words: 1530 - Pages: 7
interactive Ethics Game Simulation, located on the student website. You will only be able to go through the simulation once, so please use this worksheet to take notes. The simulation will use the following decision model with the indicated critical decision points. Take notes about your decisions or make a copy of the screen when you complete the work to assure that you have the information needed to write your reflection at the end of the simulation. |The Case of the Troubled Teen
Words: 380 - Pages: 2
Chapter 9: Capacity Planning and Facility Location Overview This chapter defines capacity planning and location analysis and explains the steps and factors considered when making these types of decisions. The relationship between capacity planning and location analysis is described. The use of decision support tools for capacity planning and location analysis is described. Answers to Discussion Questions in Textbook 1. Explain why capacity planning is important to a business.
Words: 1078 - Pages: 5
Value of Information in Decision Trees 19 19.1 VALUE OF INFORMATION Useful concept for Evaluating potential information-gathering activities Comparing importance of multiple uncertainties 19.2 EXPECTED VALUE OF PERFECT INFORMATION Several computational methods Flipping tree, moving an event set of branches, appropriate for any decision tree Payoff table, most appropriate only for single-stage tree (one set of uncertain outcomes with no subsequent decisions) Expected improvement All three
Words: 2788 - Pages: 12
Exercice 1 1 / Decision Tree 2/ The recommended strategy * EV(init. prop) = $750’000 * EV*(c.offer) = 0.1*400’000 + 0.2* 750’000 + 0.12*1’500’000 + 0.5*600’000 = $670’000 the EV*(c.offer) is a better solution since its expected value is smaller than EV(init.prop). 3/ risk profile Amount | Probability | 0 $ | 0.08 | 400 $ | 0.1 | 600 $ | 0.5 | 750 $ | 0.2 | 1500 $ | 0.15 | Exercice 2 1 / Decision Tree Lets compute the rest of probablities
Words: 361 - Pages: 2
projects have a shelf life and have to happen very quickly, often as a matter of survival. There is everything from simple, agile approaches to very complex mathematical and computer modeling solutions that attempt to simplify Multiple Criteria Decision Making (MCDM). The longer you look, the more you begin to realize just how complicated this subject is. MWV didn’t get all it’s vendors the same way. Vendors were evaluated in different ways, some more some less. Many different approaches or
Words: 330 - Pages: 2
Assignment Content Decision Making Skills 1. Introduction .................................................................................................................. 3 2. Methodology ................................................................................................................ 4 2.1. Classification .................................................................................................................... 4 2.2. Multi Attribute Decision Making (MADM)........
Words: 4872 - Pages: 20
A MULTI-STAKEHOLDER INDUSTRIAL PROJECTS SELECTION: AN ANALYTIC HIERARCHY PROCESS AND ZERO-ONE-GOAL PROGRAMMING APPROACH Salah R. Agha School of Industrial Engineering, Faculty of Engineering, Islamic University-Gaza, Gaza Strip, Phone: 970-599-746-533, aghasr@yahoo.com ABSTRACT This study uses Analytic Hierarchy Process (AHP) and Zero-One Goal Programming(ZOGP) to select the most favorable industrial projects from the viewpoints of three stakeholders, namely, govern mental, consultants and
Words: 3071 - Pages: 13
security and assurance education prescribed by the National Security Agency. Understanding the Competency-Based Approach Practically speaking, what does it mean when we say that WGU’s programs are competency-based? Unlike traditional universities, WGU does not award degrees based on credit hours or on a certain set of required courses. Instead, you will earn your degree by demonstrating your skills, knowledge, and understanding of important concepts through a series of carefully designed courses
Words: 4226 - Pages: 17
Resources Task 1: Memorandum to Chief Executive Officer WGU Toy Company Western Governors University In partial fulfillment of the requirements of Human Resources JDT2 Memorandum to Chief Executive Officer WGU Toy Company TO: WGU Toy Company, Chief Executive Officer FROM: Elementary Division Manager DATE: June 18, 2013 SUBJECT: Constructive Discharge Claim As a result of a work schedule policy change at WGU Toy Company, a constructive discharge was filed under
Words: 1726 - Pages: 7
