Question: 1. A Decision-making Model includes: a. Recognizing the problem and identifying alternatives as possible solutions to the problem. b. Identifying and estimating the relevant costs

1. A Decision-making Model includes: a. Recognizing the problem and identifying

1. A Decision-making Model includes: a. Recognizing the problem and identifying alternatives as possible solutions to the problem. b. Identifying and estimating the relevant costs and benefits for each feasible alternative c. Making the decision by selecting the alternative with the greatest overall net benefit. d. All of these choice s are correct. 2. Which of the following should be kept in mind while analyzing a Make or Buy decision? a. Ensure that quality is not at risk. b. Use differential analysis. c. Ensure prompt delivery. d. All of these choices are correct

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