1 Consistent decisions?

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1 What happens if decisions are not consistent with other decisions?

1. You will not know what to do when both decisions are relevant
2. As long as you know which decision is the most important it does not matter if they are inconsistent
3. You will be able to select the one that is most relevant

2 Levels of decisions

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What is most relevant about levels of decisions?

1. Decisions on a higher level makes decisions on a lower level more complicated
2. Decisions on a higher level makes decisions on a lower level easier
3. The levels functions independently of each other

3 Decision support systems

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What is the major argument against applying statistical decision making tools?

1. You seldom have access to all required facts that are needed to make a rational choice
2. Statistics is often incorrect
3. It is not possible to assign quantifiers to available data

4 Rational

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Why are decisions seldom rational??

1. Because there are too much complexity involved in decisions
2. Because we prefer to follow our emotions
3. Because humans are used to making irrational decisions