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November 25, 2020

Decision Analysis / Decision Making….we as individuals use thi

Mathematics>Probability

Decision Analysis / Decision Making….we as individuals use this model everyday and we don’t even think about it (para 3.2-The Six Steps)Imagine yourself in charge of a large organization that manufactures products for the consumer, you’re a public owned company (your stock is on the NYSE-Wall Street). Provide discussion and examples of your Decision Making Under Certainty and Decision Making Under Uncertainty how you would run your business, select suppliers and distribution networks, etc.?(Remember, you’re in a competitive field where miscues lead to lost market share, and loss of revenue)

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