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
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
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