03 Jun WHAT BENEFIT DOES A DELPHI TECHNIQUE PROVIDE WHEN WORKING WITH QUALITATIVE-BASED DECISION MAKING?
Introductions
Hello Class! For this discussion please respond to BOTH of the following questions:
Question A
Tell us about yourself so you can meet and greet other students within your course. Include what you believe to be your current knowledge level of this course topic and what you hope to learn before the course is over.
Question B
Describe in at least two paragraphs the quantitative analysis approach, to include a high level overview of the importance of identifying the problem, developing a model, acquiring input data, developing a solution, testing the solution, analyzing results, and implementation.
Decision Analysis
Select an organization you have worked for or any organization of interest and discuss how decision analysis could be used to solve a business problem.
Describe a decision tree and discuss how such a tool can be utilized to improve decision making.
Forecasting
Discuss the different types of forecasts to include time-series, causal, and qualitative models. When might a researcher or project manager utilize exponential smooth
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