The Tahan River Reservoir System

“In the 1960s, for the folks in and around Ellsworth, [Indiana,] living life decades behind the time was just the way it was. Manpower over technology. The comfort of tradition over the anxiety of change,” stated Jason Recker, a journalist for The Herald. Patoka Reservoir, an economic center for recreation and flood control, encompasses 8,800 acres of land. Before its construction, a thriving community inhabited the fertile terrain along the Patoka River. Towns of this former neighborhood included Elon, Newton-Stewart, and Ellsworth. (Recker 1) Families lived their everyday lives as farmers, with an occasional visit from a local peddler. One day, though, a new kind of visit altered their peaceful ways. A government-sent official arrived

greatest number of major strategic issues. It is a decision making tool that sets the steps for

Decision Making Area 3:Investment Decisions * Table of Articles * Summary of Articles * Observations * Conclusion

In Year 1 while in the Design room, I chose the Wifi and Stylish options. My intuitive thoughts were consumer based and not supplier driven. However, these combined options offered an estimated favorable profit for the company. While forecasting I chose to forecast below average for Model A and above average for Model B. Again, my decision making was consumer driven and I as a consumer would prefer a stylish mobile device over a base model, therefore estimated demand at a higher level. In choosing suppliers in Year 1, key drivers were lead times, setup and unit carrying costs, and capacity. The decision were also based off of my forecast for each model. I learned quickly as each month passed, I was out of inventory therefore, making a costly $2.0MM adjustment with one of my suppliers. In this scenario, if running the simulation again I would better match the supplier with the forecasted demand.

The situation facing Mr. Larry Brownlow is a tough one. He is young with minimal money to work with. This shows that he must be careful and research all of his investing activities closely. The problem that faces him is deciding if opening a Coors Beer brewery in his area of Delaware is a profitable investment. The beer is obviously not widely carried in the area so that makes the situation that much harder. He has less information to work with. This is why he contacted the Manson Research Firm. That presents the second problem. The firm will do the research to help do a feasibility analysis, but the information is not cheap. Larry is working with about two weeks until the deadline to submit an application for distributorship. He

Water, a resource typically taken for granted is becoming a scarce source for the southwestern states surrounding the Colorado River. For the past sixteen years the southwestern states have been affected by drought, wildfire, an increasing population, farming, housing development and increasing temperatures all are affecting our water supply which is decreasing at a frightening rate. These increasing issues have nearly depleted Lake Mead, a large reservoir that supplies water to all the Colorado River Basin states, but due to climate change, this large reservoir is not being replenished. This is an important problem not only to me and to those already affected by low water resources, and it should be important to everyone, considering it will

In making a choice, the company needs to critically evaluate whether they possess the resources

Perhaps one of the most difficult managerial decisions in the 21st century is the decision to make a decision. Analysis paralysis, endless meetings, and corporate structure have made it painstakingly difficult to come to any real conclusions. So when the Chief Financial Officer, Bruce Berman, of Bloomindale’s was tasked with decision to implement ProfitLogic’s Pricing Optimization (PO) system, he called upon Daniel Gabbay, an analyst in the finance division, to make sense of the numbers and guide his decision making process. Berman was considering implementing a PO system to quantify the markdown

John Taylor and Marty Grayson had both always had the interest of being entrepreneurs and when they met eachother is when their search for a venture began. They only had a few criteria in deciding on what kind of company that they wanted to buy. The first criteria was that the business must have a high gross margin to allow from maximum benefits from building sales. They decided it

Esteemed members of the UNESCO Board. The Huang He River, commonly referred to as the Yellow River is a riverine landscape that flows from the West of China to the East, through nine Northern Provinces. (Huang He Britannica, 2011) The rivers source (the Kunlun Mountains) are located at 36°N and 84°E and its mouth (the Bohai Sea) is located at 38.7°N and 119.9°E. Located in China, this river should be under the state of investigation by UNESCO due to the bad pollution the region is receiving. The area’s climate is cool winters, with temperatures dropping below 0°, and short dry summers.

The development of White Mountain is attractive because as it only involves incremental capital costs, and no loss in time in terms of selling the development.

When we came up with a decision to fix a problem the stimulation had a visual graph to use that examined different metrics of how our choices affected sales, workers, the cost and the company and whether the decisions would be successful or unsuccessful. This visually allowed us to see the outcomes to our decisions and gives us more experience for the future decisions and way to succeed in our goals.

The importance of decision making in individual daily life and in organization level was demonstrated by two scientists, Arkes and Hammond (1992), in ‘Judgment and Decision making’ indentified the four types of information which decision maker requires constructing a decision tree.

Applying the utility theory seems a rational choice as it can reflect the decision maker’s attitude toward risk. Still problems arise when the decision is made by more than one person. Based on their experiences within General Motors, Michael W. Kusnic and Daniel Owen have found that when there were more than one decision makers, it was less

Options thinking gave mangers options to think about when they plan to invest or plan to expand their business. The whole