Decision Making – Week 6 discussion

Explain the purpose in using decision matrices in Step Four of the MDQ.
Use a scale of 0 – 3 to rate the first decision matrix. (0 being does not meet the objective well to 3 being meets the objective well).
The decision matrices must have the four objectives and four alternatives from the previous week’s discussions.
Post the first decision matrix in the text box (unweighted). Do NOT use attachments. Explain WHY and HOW Harry derived the ranking of the objectives and alternatives (each of the individual numbers) in the first matrix. Review the Example using MDQ: Which House Do We Purchase?
Use weights that total to 100% for the second decision matrix.Post the second decision matrix in the text box (weighted). Explain WHY and HOW Harry derived each of the weights for the objectives.
Based on the results of the Decision Matrices, evaluate and analyze all of HH’s alternatives and objectives.
State the final decision by explaining and justifying it with the numbers in the matrix. The final decision is based on the matrices!
Discuss Step Five: The Final Decision. Explain HOW the final decision (chosen alternative) fulfilled Hannah’s Hat’s objectives.
All conclusions, justifications, reasoning’s, and explanations must be supported with course material in the form of APA in-text citations (page/paragraph numbers required) and a reference list.

Using a decision making model allows us to objectively make a decision by considering all of the variables. If you want to buy a house, you must figure out what you are looking for in a house before going to a realtor to search for possibilities. With limited time, you would not look at every single house on the market or waste your time looking at houses that do not meet your needs.