Question: 1 . Clarify the decision process used by the executive team of Johnson Lumber following the fire at its manufacturing plant. 2 . Use a

1. Clarify the decision process used by the executive team of Johnson Lumber following the fire at its manufacturing plant.
2. Use a visual tool, such as the Decision Wheel, as an aid to illustrate their decision process. If a step in the process is missing, then leave the shape blank or note that it is missing.
3. What is the central problem that the decision-makers face? Evaluate whether the management team has thoroughly clarified the problem and set management goals. Have they investigated/researched alternative solutions? Make sure to support your conclusions with logical arguments and evidence from the case.
4. Does Markovitzs (2020) statement that Its easy to jump to lousy solutions when you dont have a strong grasp of the facts apply to the late-night decision-making at Johnson Lumber? Analyze the basis for Bakers concerns. Is this decision-making process an example of bounded rationality or a misguided decision process?
5. Based on your response to questions 13 above, recommend a superior rational decision process for Johnson Lumber. Contrast this with your response to question 1 above.

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