Decision Based Modeling Case Study - 876 Words

Decision Based Modeling The purpose of this paper is to review a business case presented by a laboratory services company and make recommendations on how best to incorporate required changes and the impact it will have on current and future operations. Prior to making any recommendation, a review of the company’s existing business operations is required. This assessment will afford the decision maker various tools in which informed decisions can be made. More times than not, multiple options are available and can prove successful, even dealing with situations that require complex decisions. There are several decision based modeling schemes out there, but for this paper three models were compared against the business case to determine which afforded the greatest supportability. Graham Allison published The Essence of Decision in 1971; Allison suggested that there are three perspectives that one might use to analyze a major decision: (1) the rational model, (2) the organizational process model, a nd (3) the governmental politics model which will be referred to as the collaborative model (Nahavandi,A., Denhardt, R., Denhardt, J., Aristigueta, M., 2015). These models will be discussed in detail and compared against the business case presented by the laboratory services company. Also, there are several techniques and skills that can be incorporated into these models to increase the chance of success. This paper will compare some of the options available to managementShow MoreRelatedEssay On Road Deterioration Analysis1462 Words   |  6 Pages 3.7 Modeling techniques used for road deterioration analysis (Madanat et al., 1997) in their research exhibit incremental facility deterioration model on bridge deck sample. 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