Additinal DSS Questions

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Q1 Explain the difference between the principles of choose & the actual choice phase? Actual choice phase is the one in which the actual decisions & the commitment to follow to follow a certain course of action Q2 Why do some people claim that the choice phase is the point in time when a decision is really made? The choice phase includes the search for evaluation & recommendation on appropriate solution to a model A solution to a model is a specific Set of values for a decision variable in a selected alternative. The problem is considered solved if the recommended solution is successfully implemented Q3 How can sensitivity analysis help in choice phase? Sensitivity analysis is used to determine the robustness of any given alternative, slight changes in parameters should ideally lead to slightly or no change in the alternative chosen. Q4 Define rational decision making? A method for systematically selecting among possible choices that is based on reasons & facts Q5 What does it mean to be a rational decision making? The process at rational decision making, favors logic, objectively & analysis over subjectivity & insight So a decision "Rational" make should follow a sequential & formal path of activities 1. Formulating goals 2. Identifying the criteria for making the decision 3. Identifying alternatives 4. Performing analysis 5. Making a final decision Q6 Why do people exhibit bounded rationality when solving a problem? The bounded rationality perspective on decision making recognizes that the rational approach is often inapplicable because of bounded rationality as :- - Limited time, limited information - Mental capacity, limited resources

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Page 1: Additinal DSS Questions

Q1 Explain the difference between the principles of choose & the actual choice phase?

Actual choice phase is the one in which the actual decisions & the commitment to follow to

follow a certain course of action

Q2 Why do some people claim that the choice phase is the point in time when a decision

is really made?

The choice phase includes the search for evaluation & recommendation on appropriate

solution to a model

A solution to a model is a specific Set of values for a decision variable in a selected

alternative.

The problem is considered solved if the recommended solution is successfully implemented

Q3 How can sensitivity analysis help in choice phase?

Sensitivity analysis is used to determine the robustness of any given alternative, slight

changes in parameters should ideally lead to slightly or no change in the alternative chosen.

Q4 Define rational decision making?

A method for systematically selecting among possible choices that is based on reasons &

facts

Q5 What does it mean to be a rational decision making?

The process at rational decision making, favors logic, objectively & analysis over subjectivity

& insight

So a decision "Rational" make should follow a sequential & formal path of activities

1. Formulating goals

2. Identifying the criteria for making the decision

3. Identifying alternatives

4. Performing analysis

5. Making a final decision

Q6 Why do people exhibit bounded rationality when solving a problem?

The bounded rationality perspective on decision making recognizes that the rational

approach is often inapplicable because of bounded rationality as :-

- Limited time, limited information

- Mental capacity, limited resources

Page 2: Additinal DSS Questions

As well as personal & social constraints on the individual

Q7 Define implementation

Implementation phase involved putting a recommended solution to work, not necessarily

implementing on a computer system

Q8 How can a DSS support The Implementation of a decision?

Some decisions were pilot tested by the people responsible for those aspects of decision

making before the decision was implemented

Essentially for MMS, implementation involves updating computer systems, testing models,

& scenarios for impod