PPT-Spreadsheet Modeling & Decision Analysis

Introduction to Decision Analysis Models help managers gain insight and understanding but they cant make decisions Decision making often remains a difficult task due to Uncertainty regarding the future. A . decision tree. is a graphical representation of every possible sequence of decision and random outcomes (states of nature) that can occur within a given decision making problem.. A decision tree is composed of a collection of nodes (represented by circles and squares) interconnected by branches (represented by lines).. Girts Karnitis, Janis Bicevskis, . Jana . Cerina-Berzina. The work is supported by a European Social Fund Project . No. . 2009/0216/1DP/1.1.1.2.0/09 /APIA/VIAA/044. Problems of Business process modeling. Field Interviews with Senior Managers . by. . Caulkins et. al. (2007) report that. Spreadsheet errors are common and have been observed in instances in which errors directly led to losses or bad decisions. Automating Standardized Technical Metadata for Images and Audio. Jody L. DeRidder. University of Alabama Libraries. DLF 2015. October 27, 2015. Why do we do this?. Standardized technical metadata. Future migrations, emulations, access. ICT 2. Learning target. Student will identify the parts of a spreadsheet.. vocabulary. Cell Reference – location of a cell. Row – labeled with numbers. Formula Bar – allows users to enter a formula. Understanding the uses of spreadsheets and the features available in spreadsheet software packages. Designed to carry out calculations quickly and accurately. Aim to display the results in an easy-to-understand way. ICT 2. Learning target. Student will identify the parts of a spreadsheet.. vocabulary. Cell Reference – location of a cell. Row – labeled with numbers. Formula Bar – allows users to enter a formula. 1. Spreadsheet Operations. —. . increase. . . . . . . . the. . efficiency of data . entry. t. he . performing of calculations. , and . the . presentation of information. .. 2. Types of Spreadsheet Operatio. Recap previous lesson. Define a decision support system. List the three classifications of a decision support system and give an example of each. Structured situation. Semi-structured situation. Unstructured situation. Introduction to Decision Analysis. Models help managers gain insight and understanding, but they can’t make decisions.. Decision making often remains a difficult task due to:. Uncertainty regarding the future. The Benefits of Reading Books,Most people read to read and the benefits of reading are surplus. But what are the benefits of reading. Keep reading to find out how reading will help you and may even add years to your life!.The Benefits of Reading Books,What are the benefits of reading you ask? Down below we have listed some of the most common benefits and ones that you will definitely enjoy along with the new adventures provided by the novel you choose to read.,Exercise the Brain by Reading .When you read, your brain gets a workout. You have to remember the various characters, settings, plots and retain that information throughout the book. Your brain is doing a lot of work and you don’t even realize it. Which makes it the perfect exercise! The Benefits of Reading Books,Most people read to read and the benefits of reading are surplus. But what are the benefits of reading. Keep reading to find out how reading will help you and may even add years to your life!.The Benefits of Reading Books,What are the benefits of reading you ask? Down below we have listed some of the most common benefits and ones that you will definitely enjoy along with the new adventures provided by the novel you choose to read.,Exercise the Brain by Reading .When you read, your brain gets a workout. You have to remember the various characters, settings, plots and retain that information throughout the book. Your brain is doing a lot of work and you don’t even realize it. Which makes it the perfect exercise! Predictive modeling is the heart and soul of business decisions.. Building decision models is more of an art than a science.. Creating good decision models requires:. - solid understanding of business functional areas. AND . SPREADSHEET. REPORT. Cost Center’s Uncapitalized Tangible Property Inventory Report. . (PCS . #. 3-2918) is completed any time after the fiscal year begins by conducting a physical inventory of all .