.................. : computer system takes on characteristics of human intelligence.

.................. give computer ability to make suggestions and function like an expert in a particular field.

Simulation of a real or imagined environment that can be experienced visually in two dimensions.

Process of choosing amongst alternative courses of action for the purpose of attaining a goal or goals.

There are two levels of Management.

Developing, analyzing, and selecting an alternative that can resolve the problem is the .... step in the decision making process

A discrepancy between an existing and desired state of affairs

Decision criteria are of equal importance:

Identifying Decision Criteria is assigning a weight to each item places the items in the correct priority order of their importance in the decision making process

are factors that are important (relevant) to resolving the problem

Appraising each alternative’s strengths and weaknesses

An alternative’s appraisal is based on its ability to resolve the issues identified in steps 2 and 3.
*Step 2: Identifying Decision Criteria*
*Step 3: Allocating Weights to the Criteria*

Non programmed decision: A repetitive decision that can be handled by a routine approach

Approving capital budget is an example of

in decision making under uncertainty :
probabilities can be assigned to the occurrence of states of nature in the future

The states of nature are the different possible strategies the decision maker can employ

In a Payoff Table :
The rows correspond to the possible decision alternatives.
The columns correspond to the possible future events (States of Nature). The body of the table contains the payoffs.

Payoffs can be expressed in terms of profit, cost, time, distance or any other appropriate measure.

A payoff table is a graphical representation of the decision problem.