What is the decision problem and who is the decision maker?

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Identify two possible class projects and describe
– What is the decision problem and who is the decision maker?
– What are the possible decision alternatives?
– What does the decision maker try to achieve (objectives)
– One page (three paragraphs) for each decision problem
•Criteria for evaluating possible class projects
– Real world problem with a clear decision maker
– Clear alternatives and objectives
– Data should be available
– Doable in one semester

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