Question: In deciding which decision making model to use, each model is suited to a specific set of parameters. Match the correct model with the right
In deciding which decision making model to use, each model is suited to a specific set of parameters. Match the correct model with the right set of parameters.
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The minimum criteria are clear. You do not have or you are not willing to invest much time in making the decision. You are not trying to maximize your outcome.
Information on alternatives can be gathered and quantified. The decision is important. You are trying to maximize your outcome.
Solutions to the problem are not clear. New solutions need to be generated. You have time to immerse yourself in the issue.
Goals are unclear. There is time pressure and analysis paralysis would be costly You have experience with the problem already.
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