Question: new clear answer please 3.1 Learning Outcomes: Find some structured ways of dealing with complex managerial decision problems. Explain simple decision models and management science

new clear answer please

3.1 Learning Outcomes:

  • Find some structured ways of dealing with complex managerial decision problems.
  • Explain simple decision models and management science ideas that provide powerful and (often surprising) qualitative insight into a large spectrum of managerial problems.
  • Demonstrate the tools for deciding when and which decision models to use for specific problems.
  • Build an understanding of the kind of problems that are tackled using spreadsheet modeling and decision analysis.

3.2 Action Required:

  • Watch the short video in the following link:

https://www.youtube.com/watch?v=CdVCNjX6pc0

3.3 Test your Knowledge (Question):

  • Explain the Modelers Roles in the Problem-Solving Process
  • List the Six Stages of the Problem-Solving Process.

3.4 Instructions

  • Answer both questions in the test your knowledge section.
  • Post your answer on the discussion board using the discussion link below (Week 3: Interactive learning Discussion)

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