Question: Organize the report as follows: Descriptive title. Write a succinct title that lets the reader know exactly what the report is about. For example, Analysis
Organize the report as follows:
Descriptive title. Write a succinct title that lets the reader know exactly what the report is about. For example, Analysis of new product is too vague. While Detailed Decision Analysis of the state of the old vs new pesticide based on probability of ban, probability of high sales, and probability of delay is not succinct. Find something in between.
Executive summary: In point form, provide an overview of why you are recommending they go with the new product. Write this as a TLDR too long, didnt read That is the goal is to give a very quick, to the point summary that a person can quickly read and get the bit highlights. Your TLDR should include the following bullet points:
Recommendation
Reasons
Caution
Then for each point, provide information following these guidelines:
Recommendation: State the recommendation. In this case, it is the new product.
Reasons:
One or two high level reasons for why the new product is best. Your answer should reference the multiple decision methods and not just rely on one. Make sure to discuss both expected return and risk.
Do not get into details of listing multiple numbers: the EMV for the new product is $ and the EMV for the old product is $ Therefore the EMV for the new product is $ more than the old product That is becoming too long. Instead, simply state which one is bigger and whether it is by a small or large amount.
Caution: The decision tree was created based on estimated probabilities and values. Provide a possible limitation of your analysis based on this. Though we do not know how they were estimated, avoid providing a generic caution egthese probabilities were estimated, be cautious and instead try to think about what would happen if these probabilities or values changed.
Evidence: Insert a table that contains specific values to support your executive summary. This is based on your work in Step but focusing on the values you used in your executive summary.
Title your table: Table : clear title that indicates what it is about Put the title above the table.
Include headings on your table.
Organize it so it is easy to read.
After reading the executive summary, the reader should be able to look at the table and go ahh I get what they are saying. That is there needs to be a clear connection between the executive summary and the work in the table.
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