Written by students who passed Immediately available after payment Read online or as PDF Wrong document? Swap it for free 4.6 TrustPilot
logo-home
Document preview thumbnail
Preview 2 out of 6 pages
Exam (elaborations)

DFMC 24A Mid-Course Study Questions with Correct Answers| Latest Update

Document preview thumbnail
Preview 2 out of 6 pages

DFMC 24A Mid-Course Study Questions with Correct Answers| Latest Update

Content preview

DFMC 24A Mid-Course Study Questions with
Correct Answers| Latest Update
What is the PLUS model ethics filters? - ✔✔P=policies: is it consistent with my
organization's policies, procedures, & guidelines?; L=legal: is it acceptable under the
applicable laws & regulations?; U=universal: does it conform to universal
principles/values such as patience, sympathy, empathy, "golden rule" etc?; S=self: does
it satisfy my personal definition of right, good, & fair?



What is the Endowment Effect/Status Quo decision bias? - ✔✔People prefer to stick
to what they have



What is the Confirmation Trap decision bias? - ✔✔Confirm what I am already telling
you; brain engaged the emotional & reward pleasure sensors; validation



What is the Sunk Cost Bias decision bias? - ✔✔Investment of time, money or
resources that cannot be recovered, such as gambling, stocks, or DEAMS



What is the Anchoring Trap decision bias? - ✔✔Disproportionate weight to first
information received



What is the Over-Confidence decision bias? - ✔✔Ignoring critical & unfavorable
information



What is the purpose/definition of the Decision Support Model? - ✔✔Enabling
Decision Makers (others and ourselves) to make INFORMED decisions that OPTIMIZE
resources and Improve Mission Effectiveness

, What are the steps of the Decision Support Model? - ✔✔1) Identify the Issue 2)
Analyze the Issue 3) Develop Alternatives 4) Evaluate the Alternatives 5) Make a
Recommendation



What is the deliverable for Step 1 of the Decision Support Model? - ✔✔Identify the
Issue's Deliverable=Issue Statement ("How do we best...")



What are the deliverables for Step 2 of the Decision Support Model? - ✔✔Analyze
the Issue's Deliverables=1) Relevant Facts 2) Necessary Assumptions 3) Valid Limitations
4) Defined & Weighted Evaluation Criteria



What are the deliverables for Step 3 of the Decision Support Model? - ✔✔Develop
Alternative's Deliverables= At least 3 broadly constructed, feasible, genuine, &
reasonably numerous Alternatives



What is the deliverable for Step 4 of the Decision Support Model? - ✔✔Evaluate the
Alternative's Deliverable= Prioritization Matrix, which provides fidelity & assigns scores
to alternatives to help RANK ORDER THEM



What is the deliverable for Step 5 of the Decision Support Model? - ✔✔Make a
Recommendation's Deliverable= Recommendation (accurate, brief, & clear), request
decision



What is good Evaluation Criteria? - ✔✔a. enable measurement of effectiveness
(Identifies goodness/determines feasibility)
b. have sufficient number of criteria (3+, helps differentiate between alternatives to
enable more measurement)
c. have distinctive criteria (no double counting)
d. will be measurable on relative scale (enables measurement of degrees of goodness)

Document information

Uploaded on
September 10, 2024
Number of pages
6
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers
$12.99

Wrong document? Swap it for free Within 14 days of purchase and before downloading, you can choose a different document. You can simply spend the amount again.
Written by students who passed
Immediately available after payment
Read online or as PDF

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
QUINTER
3.6
(72)
Sold
408
Followers
106
Items
39871
Last sold
3 days ago


Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Working on your references?

Create accurate citations in APA, MLA and Harvard with our free citation generator.

Working on your references?

Frequently asked questions