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September 12, 2019

Justify the use of a needs assessment of your company’s proposed employee customer service training

Imagine that you are a member of the HR department of a small retail company and upper management has asked you to create a new employee customer service training class for all new employees. Write a six to seven (6-7) pages paper in which you: Justify the use of a needs assessment of your company’s proposed employee customer service training, stressing five (5) ways in which such an assessment would […]
September 12, 2019

Discuss the differences between decisions with certainty, risk decision-making and decision- making under uncertainty

What techniques are used to solve problems of decision making under uncertainty? What technique results in an optimistic decision? What technique results in an optimistic decision? Give an example in their daily work of each of these decisions with certainty, risk and decision- making under uncertainty. If you have any question please let me know.
September 12, 2019

Develop and explain a situation in your work area where you would apply probability theory

Please read carefully, Many businesses apply the understanding of uncertainty and probability theory in their decision practices in their business. Probability models can greatly help businesses to optimize their policies and make safe decisions. Although complex, these methods of probability can increase profitability and business success. Develop and explain a situation in your work area where you would apply probability theory, or specify a probability distribution. Mention and explain the […]
September 12, 2019

Briefly describe the steps to develop a forecast system.

Week 4 Discussion Forum. Choose two (2) of the following five (5) questions, and complete your answers in 100-150 words. Present examples of the possible application of your answers. 1. Briefly describe the steps to develop a forecast system. 2. What is a qualitative model forecasts and when is it appropriate? 3. Briefly describe the Delphi technique. 4. A seasonal index can be less than one, equal to one or […]
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