"Decision Making and Problem Solving" by Herbert A. Simon and Associates

Date Submitted: 09/10/2006 04:50:28
Category: / History / North American History
Length: 1 pages (344 words)
Should I wear a coat or a sweater to school? What's for dinner? Which company offers the best deal for car insurance? Should I take college classes on line or at the campus? How can eggs become more nutritious? Should the United States pull their troops from the Middle East? When? What are the benefits of Genetic Engineered food sources? Do the benefits outweigh the risks? The list goes on and on. All of questions …
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…and operational research roots come from theory. These applications are used primarily by government through artificial intelligence research and psychologists, though some research is performed by economists' too. The extensions of theory look at decision making over a period of time through different organizations and examine the learning processes. The study concluded decision making processes in business and government are conducted by the use SEU through its form theories of rationality, operational research and statistics.
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