ABSTRACT

Let us start with some definitions. A decision maker is a person who makes a decision. A decision is theprocessofchoosingamongdifferentalternatives.Decisionanalysisisaprocessofformulatingand analyzingalternativesaccordingtoasetofcriteria.Ÿerearemanyadvantagesofthedecisionanalysis process:

•Describes possible alternatives.Animportantadvantageofdecisionanalysisisthatitdescribes manyalternativesthatmightbemissedbydecisionsmakersbecausetheyaretoocloselyinvolved in the problem or because the problem is too complex.