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. System. s. Analysis. Structured analysis. Karolina . Muszyńska. Based partly on: http://www.csun.edu/~dn58412/IS431/IS431_SP13.html. Model-driven Analysis. Structured analysis. Information engineering. Introduction. Information, Decisions, and Management. Decision Support Technologies. OLAP and DSS. DSS Applications in Corporate Functional Management. Practitioners of Management Science. Achieving Success with Analytics. By Catherine George. Introduction. In this PowerPoint I will be analysing the good and bad points about 2 different spreadsheets.. I will be specifically looking at the purpose, what the data shows, what data they have, features of the spreadsheet (formulae), features that would improve productivity, accuracy and usability. I will also give strengths and weaknesses of each spreadsheets and the improvements that could be made to improve these weaknesses. . 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. 2. Decision Trees and Decision Tables. Often our problem solutions require decisions to be made according to two or more conditions or combinations of conditions. Decision trees represent such decision as a sequence of steps. INTRODUCTION TO NUMERICAL MODELING IN GEOTECHNICAL ENGINEERING WITH EMPHASIS ON FLAC MODELING www.zamiran.net By Siavash Zamiran, Ph.D., P.E. Geotechnical Engineer, Marino Engineering Associates, Inc. It’s no secret that this world we live in can be pretty stressful sometimes. If you find yourself feeling out-of-sorts, pick up a book.According to a recent study, reading can significantly reduce stress levels. In as little as six minutes, you can reduce your stress levels by 68%. 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! 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! Good Decisions vs. Good Outcomes. Payoff Matrix. Decision Trees. Utility Functions. Decisions under Uncertainty. Decisions under Risk. Decision Analysis - Payoff Tables. Case Problem - (A) p. 38. Decision Analysis - Payoff Tables. Dr Simon Thorne. UKSim2023. Overview. My background. Shadow Computing and Dark IT. An overview of spreadsheet error research. Spreadsheet horror stories. Why do we keep making these mistakes?. AI generated spreadsheet risk. 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.