Question: What is the difference between decision modeling and decision analysis? Decision modeling is a quantitative technique, while decision analysis is qualitative. Decision modeling is the
What is the difference between decision modeling and decision analysis?
Decision modeling is a quantitative technique, while decision analysis is qualitative.
Decision modeling is the process of identifying decisionmaking requirements, while decision analysis involves evaluating alternatives.
Decision modeling is used for simple decisions, while decision analysis is used for complex decisions.
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