Decision Making (cont. Decision-Making Process (cont. Step 2-Identifying Decision Criteria decision criteria-what's relevant in making a decision Step 3-Allocating Weights to the Criteria must weight the criteria to give them appropriate priority in the decision -Step 4-Developing Alternatives list the viable alternatives that could resolve the problem without evaluating them Step 5-Analyzing Alternatives each alternative is evaluated against the criteria ©Prentice Hall,2002 6-6
Decision-Making Process (cont.) – Step 2 - Identifying Decision Criteria • decision criteria - what’s relevant in making a decision – Step 3 - Allocating Weights to the Criteria • must weight the criteria to give them appropriate priority in the decision – Step 4 - Developing Alternatives • list the viable alternatives that could resolve the problem without evaluating them – Step 5 - Analyzing Alternatives • each alternative is evaluated against the criteria Decision Making (cont.) © Prentice Hall, 2002 6-6
Assessed Values of Notebook Computer Alternatives Against Decision Criteria Screen Screen Model Reliability Size Warranty Weight Price Type Acer TraveMate734TL 8 3 5 10 3 5 Compa Psi8XL186 8 5 10 5 6 5 Gateway So 2550LS 10 8 5 10 3 10 Hewlett-Packard Omnibook 900 8 5 5 10 3 10 Micromedia Computers 6 8 5 10 6 10 Milenium30 NEC Direct Versa Note VX 14.1 10 8 5 5 3 10 Sony VaoP℃G-X18 2 10 5 10 10 10 TsaSate2 4 10 5 10 10 5 ©Prentice Hall,2002 6-7
Assessed Values of Notebook Computer Alternatives Against Decision Criteria © Prentice Hall, 2002 6-7
Evaluation of Laptop Computer Alternatives Against Criteria and Weights Screen Screen Model Reliability Size Warranty Weight Price Type Total Acer TravelMate734TL 80 24 25 50 12 15 206 Compa Prsari8XL186 80 40 50 25 24 15 234 Gateway550LS 10 64 25 50 12 30 281 Hewlett-Packard Omib9 80 40 25 50 12 30 237 Micromedia Computers 60 64 25 50 24 30 253 Milenium3 NEC Direct Versa Note VX 14.1 100 64 25 25 12 30 256 m Vai PC-X18 20 80 25 50 40 30 245 oshiba Sateie 428 40 80 25 50 40 15 250 ©Prentice Hall,2002 6-8
Evaluation of Laptop Computer Alternatives Against Criteria and Weights © Prentice Hall, 2002 6-8
Decision Making (cont.) Decision-Making Process (cont.) Step 6-Selecting an Alternative choosing the best alternative from among those considered Step 7-Implementing the Alternative oimpllemmentution conveying the decision to those affected by it and getting their commitment to it participation in decision-making process inclines people to support the decision decision may fail if it is not implemented properly Step 8-Evaluating Decision Effectiveness determine whether the problem is resolved ©Prentice Hall,.2002 6-9
Decision Making (cont.) Decision-Making Process (cont.) – Step 6 - Selecting an Alternative • choosing the best alternative from among those considered – Step 7 - Implementing the Alternative • implementation - conveying the decision to those affected by it and getting their commitment to it – participation in decision-making process inclines people to support the decision – decision may fail if it is not implemented properly – Step 8 - Evaluating Decision Effectiveness • determine whether the problem is resolved © Prentice Hall, 2002 6-9