Question: For the mid-term paper the student will be required to write a term paper with a minimum length of 10 written pages plus a cover

For the mid-term paper the student will be required to write a term paper with a minimum length of 10 written pages plus a cover page and reference pages. The topic will be on risk decision analysis, as you studied chapters 1 to 8 you should pic a topic related to one of this chapters and develop your paper.

Book: Goodwin, P., & Wright, G. (2014). Decision analysis for management judgment (5th ed.). West Sussex, UK: John Wiley and Sons. ISBN: 978-1-118-74073-6

  • Introduction, Chapter 1 & Chapter 2 How people make decisions involving multiple objectives
  • Chapter 3: Decisions involving multiple objectives SMART
  • Chapter 4: Alternatives to SMART
  • Chapter 5: Introduction to probability
  • Chapter 6: Decision making under uncertainty.
  • Chapter 7:Decision trees and influence diagrams.
  • Chapter 8: Applying simulation to decision problems.

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