Operations Management: Sustainability and Supply Chain Management, Twelfth Edition

Part Four Business Analytics Modules

Module A Decision-Making Tools

Alaska Airlines

Alaska Airlines

Module Outline

1. The Decision Process in Operations 678

2. Fundamentals of Decision Making 679

3. Decision Tables 680

4. Types of Decision-Making Environments 681

5. Decision Trees 684

Learning Objectives

1. LO A.1 Create a simple decision tree 680

2. LO A.2 Build a decision table 680

3. LO A.3 Explain when to use each of the three types of decision-making environments 681

4. LO A.4 Calculate an expected monetary value (EMV) 682

5. LO A.5 Compute the expected ...