Descripton
Scenario: You are a business owner faced with an important decision that could potentially be very lucrative. Keep in mind the âSix Steps in Decision Makingâ as you set-up your decision analysis. See Example and CA Starter video in LiveBinder.
This part is done and attached I only need help with Part 3
1.) Identify factors in a decision-making environment
What is the problem and objective of this decision?
Identify at least 3 alternatives and 3 states of nature.
2.) Interpret decisions made under uncertainty.
Create a decision table in Excel.
Identify the potential payoff/losses for each alternative and state of nature and include in your decision table.
Choose two decision strategies and determine the best alternative: (Clearly state the best alternative for each strategy.)
Optimistic
Pessimistic
Criterion of Realism (Hurwicz)
Why did you choose the two strategies? What are the results of the best alternative? What is your final decision?
3.) Demonstrate college-level communication through the composition of original materials in Standard English.
After you have contemplated the questions for number 1 and 2, draft your reflective essay. Every piece of writing should have an introduction, body, and conclusion.
A good way to plan this particular reflective essay is to write an introduction to the essay.
Next, write at least three body paragraphs and address each of the points listed above.
End your essay with a conclusion paragraph tying all of your ideas together.
The essay should be at least five paragraphs in length and a minimum of 350 words.
Respond to the questions in a thorough manner in parts 1 and 2, providing specific examples of concepts, topics, definitions, and other elements asked for in the questions. Your paper should be highly organized, logical, and focused.
Your paper must be written in Standard English and demonstrate exceptional content, organization, style, and grammar and mechanics.
Your paper should provide a clearly established and sustained viewpoint and purpose.
Your writing should be well ordered, logical and unified, as well as original and insightful.
A separate page at the end of your research paper should contain a list of references, in APA format. Use your textbook, the Library, and the internet for research.
Be sure to cite both in-text and reference list citations were appropriate and reference all sources. Your sources and content should follow proper APA citation style. Review the APA formatting and citation style found in the Writing Center. To access the Writing Center, select this link. (It should include a cover sheet, paper is double spaced, in Times New Roman 12-point font, correct citations, Standard English with no spelling or punctuation errors, and correct references at the bottom of the last page.)
Sample Solution
List of chapters List of chapters Rundown of Figures Presentation Current Program Objectives and Strategies Advantages of Carpooling Advantages to the University Advantages to the Individual Advantages to the Environment Hindrances to Carpooling at the Cal State Fullerton General Barriers Basic Barriers Information of Existing Program Absence of Incentives and Disincentives Procedures Help Adaptability and Convenience Motivating forces Exposure and Education Encouraging a Carpooling Community End Reference sections Reference section A: Carpool Application Work Plan References Rundown of Figures Fig 1: Survey Report⦠⦠⦠..7 Fig 2: Survey Report ⦠..⦠⦠⦠..8 Fig 3: Carpool Incetive⦠⦠⦠10 Fig 4: Use Case Diagram⦠⦠⦠13 Fig 5: Schedule Diagram⦠⦠⦠15 Presentation The California State University Fullerton elective transportation projects are viewed as fruitful by numerous similar foundations all through the country. Our noteworthy proportion of seven individuals to each one parking spot is proof of this achievement; most colleges work with a proportion of three or even two individuals to each one parking spot. All things being equal, a few components of the CSUF elective transportation program are underused. This proposition centers around the Android Carpooling Application, which we feel has the potential for expanded support. The college populace is growing. Stopping housing are troublesome now and face further difficulties later on. As indicated by Department of Transportation (DTP) staff, infringement, objections and forceful conduct are reactions happening all the time by drivers who clash with the stopping impediments. Numerous grounds drivers park in the encompassing neighborhoods, to the shame of inhabitants and the loss of income for DTP. With the development of the grounds populace emerges a requirement for land, for stopping, yet in addition for different types of foundation. There are numerous natural, wellbeing and cultural costs engaged with driving, which can be diminished by expanding the utilization of elective transportation. To diminish the expenses of stopping development and improve the current circumstance, changes are vital. One reaction lies in the college’s proposed development of another stopping deck. This structure and any future augmentations will be expensive to the University in an assortment of ways, especially monetarily. The structure has the likelihood to either combine or add to existing parking spot. On the off chance that the college picks the last choice, the diminished pressure and bother related with discovering stopping may urge some college individuals to drive. Being an enormous organization, any progressions made inside the CSUF have noteworthy repercussions on the encompassing network. On the off chance that a huge stopping structure is developed and the pace of driving increments at the college, at that point the City of Fullerton will be influenced. While our proposals may not make the space of another stopping deck, I might want to propose the upgrade and attention of elective transportation choices as a methods for “making” new parking spots and diminished traffic clog. During winter and spring terms of 2017, the Campus Alternative Transportation and Sustainability group, under the course of the Environmental Studies Program’s Service Learning Program, has been engaged with a battle to advance all types of elective transportation on grounds. The examination and experience we have collected during this time has furnished us with understanding into the mechanics of college transportation and potential developments. This proposition is the climax of our work and gives a technique to upgrading the current carpool program with the objective of expanding its utilization by the grounds network. Current Program As of now, the carpooling program at the Cal State Fullerton has a constrained extension. Barely any individuals buy carpool licenses, which are made accessible to all personnel, staff and understudies at a limited cost. For the 2016-17 scholarly year, the cost of a carpooling grant was $180, when contrasted with the cost of a standard personnel and staff grant or an understudy grant at $229. In that year, the college had 32 enlisted carpools. Carpools are just accessible to gatherings of three individuals, two of whom must be college subsidiary. Need stopping exists on Nutwood Avenue for carpools that land on grounds before 9:30; in any case, this open door remains underused and obscure to the vast majority of the grounds populace. Actually, it appears that the strategy stays vague even to staff who deal with the stopping stand. Understudy carpool licenses are just substantial in understudy parts, constraining the intrigue of carpooling to understudies. Additionally, as observed over, the distinction between the understudy standard license and carpool grant cost gives minimal motivator to carpooling. The Guaranteed Ride Home program exists to support the utilization of elective transportation by giving a reinforcement ride in crisis circumstances to the individuals who carpool. Be that as it may, the program is accessible exclusively to workforce and staff and is additionally under-broadcasted. As per a 2017 overview of personnel and staff transportation propensities, 66 percent of those reviewed feel that they are not very educated about the carpooling program. While the carpooling project can possibly decrease vehicle traffic on grounds, the proposed changes may take into account a superior fit between the program and the necessities of the grounds network. Objectives and Strategies With this proposition, we will probably get under way the change of the current carpool program into an exceptionally used and well known type of elective transportation, practically identical to the present college bicycle and transport programs. Our fundamental goal is to expand the utilization of the carpooling program through improved attention, motivations, comfort and adaptability. In particular, I propose the assistance of carpooling through the establishment of a CSUF-just, Android Carpooling Application that enables individuals to interface with carpooling accomplices. Extra adaptability could be achieved through the usage of stopping pass bundles with a scope of choices for the individuals who wish to carpool. The proposed systems for accomplishing our objectives depend on research directed in the course of recent months. We displayed the goals and techniques on fruitful and creative carpooling programs at different establishments, including Georgetown, University of Southern Maine, Duke and different organizations. Further foundation data was gathered from on the web and library print sources, just as close to home meetings. The assortment of sources refered to mirrors an endeavor to join the full range of assessments and aptitude about carpooling. We accept that we are at a perfect point so as to order the previously mentioned changes. Beside the difficulties related with stopping at the college, the proposed development of the stopping deck, whenever completed, will bring about an extraordinary stopping pass expense increment. This primer change in cost would make a key opportunity to advance an improved, additionally engaging carpool program. https://dailytitan.com/2014/12/underfunding-and-abuse prompted a-500000-shortfall for-octa-transport pas-program/ https://parking.fullerton.edu/aqmdsurvey/ https://dailytitan.com/2017/10/csuf-limited stopping grants/ Advantages of Carpooling Via carpooling, an individual is profiting the college, themselves, their carpool accomplices, and the earth. College, individual and natural advantages are recorded underneath. Advantages to the University As portrayed above, traffic clog and stopping are two of the most dangerous transportation issues at the CSUF. Expanded carpooling would diminish the effect of these issues by lessening the quantity of autos landing on grounds and setting aside the CSUF cash and space committed to keeping up and making new parking spots. As per Department of Transportation, out of the approximately one million dollars planned for stopping support; $12,400 goes to the development and substitution of parking garages. This cost will definitely increment if a stopping structure is developed to encourage the requirement for extra parking spots. A stopping structure of 800 spaces would cost $15,000 every year for upkeep alone. Any decreases in vehicle traffic would thusly have unmistakable money related advantages for the college. [https://dailytitan.com/2018/05/csuf-ground breaking strategy overhaul structures improve-stopping grounds/] Advantages to the Individual Carpooling offers a scope of advantages to the person, from mitigating worry to setting aside cash. Via carpooling, the worries of driving can be mitigated by sharing the duties and bothers of street clog, vehicle support, leaving or different issues that may emerge while driving. Carpooling additionally limits the gas and upkeep costs a solitary driver will experience throughout a year, as appeared in the table underneath. Be that as it may, for any of these advantages to fill in as successful motivations, they should be made known to singular drivers. Table 1. Financial Savings from Carpooling Cash Spent Vehicles Miles Reduced Per Year Figuring Sum Saved On Gas 5,200 at $2.00 a gallon $520/year On Car Maintenance 5,200 at 50 pennies a mile $2,600/year Complete $3, 120/year Figures dependent on a two-man carpool traveling 20 miles round excursion, five>
List of chapters List of chapters Rundown of Figures Presentation Current Program Objectives and Strategies Advantages of Carpooling Advantages to the University Advantages to the Individual Advantages to the Environment Hindrances to Carpooling at the Cal State Fullerton General Barriers Basic Barriers Information of Existing Program Absence of Incentives and Disincentives Procedures Help Adaptability and Convenience Motivating forces Exposure and Education Encouraging a Carpooling Community End Reference sections Reference section A: Carpool Application Work Plan References Rundown of Figures Fig 1: Survey Report⦠⦠⦠..7 Fig 2: Survey Report ⦠..⦠⦠⦠..8 Fig 3: Carpool Incetive⦠⦠⦠10 Fig 4: Use Case Diagram⦠⦠⦠13 Fig 5: Schedule Diagram⦠⦠⦠15 Presentation The California State University Fullerton elective transportation projects are viewed as fruitful by numerous similar foundations all through the country. Our noteworthy proportion of seven individuals to each one parking spot is proof of this achievement; most colleges work with a proportion of three or even two individuals to each one parking spot. All things being equal, a few components of the CSUF elective transportation program are underused. This proposition centers around the Android Carpooling Application, which we feel has the potential for expanded support. The college populace is growing. Stopping housing are troublesome now and face further difficulties later on. As indicated by Department of Transportation (DTP) staff, infringement, objections and forceful conduct are reactions happening all the time by drivers who clash with the stopping impediments. Numerous grounds drivers park in the encompassing neighborhoods, to the shame of inhabitants and the loss of income for DTP. With the development of the grounds populace emerges a requirement for land, for stopping, yet in addition for different types of foundation. There are numerous natural, wellbeing and cultural costs engaged with driving, which can be diminished by expanding the utilization of elective transportation. To diminish the expenses of stopping development and improve the current circumstance, changes are vital. One reaction lies in the college’s proposed development of another stopping deck. This structure and any future augmentations will be expensive to the University in an assortment of ways, especially monetarily. The structure has the likelihood to either combine or add to existing parking spot. On the off chance that the college picks the last choice, the diminished pressure and bother related with discovering stopping may urge some college individuals to drive. Being an enormous organization, any progressions made inside the CSUF have noteworthy repercussions on the encompassing network. On the off chance that a huge stopping structure is developed and the pace of driving increments at the college, at that point the City of Fullerton will be influenced. While our proposals may not make the space of another stopping deck, I might want to propose the upgrade and attention of elective transportation choices as a methods for “making” new parking spots and diminished traffic clog. During winter and spring terms of 2017, the Campus Alternative Transportation and Sustainability group, under the course of the Environmental Studies Program’s Service Learning Program, has been engaged with a battle to advance all types of elective transportation on grounds. The examination and experience we have collected during this time has furnished us with understanding into the mechanics of college transportation and potential developments. This proposition is the climax of our work and gives a technique to upgrading the current carpool program with the objective of expanding its utilization by the grounds network. Current Program As of now, the carpooling program at the Cal State Fullerton has a constrained extension. Barely any individuals buy carpool licenses, which are made accessible to all personnel, staff and understudies at a limited cost. For the 2016-17 scholarly year, the cost of a carpooling grant was $180, when contrasted with the cost of a standard personnel and staff grant or an understudy grant at $229. In that year, the college had 32 enlisted carpools. Carpools are just accessible to gatherings of three individuals, two of whom must be college subsidiary. Need stopping exists on Nutwood Avenue for carpools that land on grounds before 9:30; in any case, this open door remains underused and obscure to the vast majority of the grounds populace. Actually, it appears that the strategy stays vague even to staff who deal with the stopping stand. Understudy carpool licenses are just substantial in understudy parts, constraining the intrigue of carpooling to understudies. Additionally, as observed over, the distinction between the understudy standard license and carpool grant cost gives minimal motivator to carpooling. The Guaranteed Ride Home program exists to support the utilization of elective transportation by giving a reinforcement ride in crisis circumstances to the individuals who carpool. Be that as it may, the program is accessible exclusively to workforce and staff and is additionally under-broadcasted. As per a 2017 overview of personnel and staff transportation propensities, 66 percent of those reviewed feel that they are not very educated about the carpooling program. While the carpooling project can possibly decrease vehicle traffic on grounds, the proposed changes may take into account a superior fit between the program and the necessities of the grounds network. Objectives and Strategies With this proposition, we will probably get under way the change of the current carpool program into an exceptionally used and well known type of elective transportation, practically identical to the present college bicycle and transport programs. Our fundamental goal is to expand the utilization of the carpooling program through improved attention, motivations, comfort and adaptability. In particular, I propose the assistance of carpooling through the establishment of a CSUF-just, Android Carpooling Application that enables individuals to interface with carpooling accomplices. Extra adaptability could be achieved through the usage of stopping pass bundles with a scope of choices for the individuals who wish to carpool. The proposed systems for accomplishing our objectives depend on research directed in the course of recent months. We displayed the goals and techniques on fruitful and creative carpooling programs at different establishments, including Georgetown, University of Southern Maine, Duke and different organizations. Further foundation data was gathered from on the web and library print sources, just as close to home meetings. The assortment of sources refered to mirrors an endeavor to join the full range of assessments and aptitude about carpooling. We accept that we are at a perfect point so as to order the previously mentioned changes. Beside the difficulties related with stopping at the college, the proposed development of the stopping deck, whenever completed, will bring about an extraordinary stopping pass expense increment. This primer change in cost would make a key opportunity to advance an improved, additionally engaging carpool program. https://dailytitan.com/2014/12/underfunding-and-abuse prompted a-500000-shortfall for-octa-transport pas-program/ https://parking.fullerton.edu/aqmdsurvey/ https://dailytitan.com/2017/10/csuf-limited stopping grants/ Advantages of Carpooling Via carpooling, an individual is profiting the college, themselves, their carpool accomplices, and the earth. College, individual and natural advantages are recorded underneath. Advantages to the University As portrayed above, traffic clog and stopping are two of the most dangerous transportation issues at the CSUF. Expanded carpooling would diminish the effect of these issues by lessening the quantity of autos landing on grounds and setting aside the CSUF cash and space committed to keeping up and making new parking spots. As per Department of Transportation, out of the approximately one million dollars planned for stopping support; $12,400 goes to the development and substitution of parking garages. This cost will definitely increment if a stopping structure is developed to encourage the requirement for extra parking spots. A stopping structure of 800 spaces would cost $15,000 every year for upkeep alone. Any decreases in vehicle traffic would thusly have unmistakable money related advantages for the college. [https://dailytitan.com/2018/05/csuf-ground breaking strategy overhaul structures improve-stopping grounds/] Advantages to the Individual Carpooling offers a scope of advantages to the person, from mitigating worry to setting aside cash. Via carpooling, the worries of driving can be mitigated by sharing the duties and bothers of street clog, vehicle support, leaving or different issues that may emerge while driving. Carpooling additionally limits the gas and upkeep costs a solitary driver will experience throughout a year, as appeared in the table underneath. Be that as it may, for any of these advantages to fill in as successful motivations, they should be made known to singular drivers. Table 1. Financial Savings from Carpooling Cash Spent Vehicles Miles Reduced Per Year Figuring Sum Saved On Gas 5,200 at $2.00 a gallon $520/year On Car Maintenance 5,200 at 50 pennies a mile $2,600/year Complete $3, 120/year Figures dependent on a two-man carpool traveling 20 miles round excursion, five>
