Decision proj 2

Here I have a project in field Decision making subject.

so i need someone have an experience in this. Please understand each required point and apply it correctly.

Please choose a significant decision problem that is easy to understand, important to society, and reflects the reality we live in. Also, it should be attractive to the public. Stay away from difficult and complex topics.

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The Question is:

(Task #1) Identify a significant decision problem related to a topic of interest and importance to

society. You may get ideas from personal experience and reading academic papers.

(Task #2) Apply suitable decision modeling techniques in analyzing your decision process in a

quantitative manner. Techniques discussed in class or any other suitable but pertinent

techniques will be fine.

(Task #3) Develop a Microsoft PowerPoint (PPT) presentation document (either .ppt or .pptx)

AND report (in Microsoft Word).

– I consider publishable work as 100% grade. I work down from this yardstick, so please be

innovative and work hard.

– Be thorough in presenting your work. Refer to academic papers (in particular Conference

papers) to get an idea of the sections to include (as they may apply to your particular project).

As a minimum, please include the following sections (you are not limited to only these you

may add more sections if needed):

– Attempted Solutions

o Provide a brief description of solutions provided by others to decision problems

similar to yours. In other words, what has been done to solve this problem?

– Introduction and Problem Statement

o Provide a complete description of the nature of the problem and the environment.

o What are the decisions to be made in this project?

o Are there any risks associated with the decision(s)?

– Solution Approach

o Describe your solution approach in terms of the elements associated with the

particular technique (e.g., if using LP, then describe the decision variables,

objective function, and constraints).

o In your solution approach, how would you manage possible risk(s)?

– Results

o Apply the solution approach to your decision problem and discuss the results.

– Conclusions

o Brief summary; different approaches that could have been used; challenges faced;

etc.

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NOTES:

– Please choose a significant decision problem that is easy to understand, important to society, and reflects the reality we live in. Also, it should be attractive to the public. Stay away from difficult and complex topics.

– This question need ppt file and word file.

– No pligrism and dont use AI.

Requirements: All points in question

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