Operations Management: Managing Global Supply Chains
Multimedia Resources
Click on the following links. Please note these will open in a new window.
Video Link
Categorizing Decisions
In this TED talk, Ruth Chang describes how different factors can affect the type of decision that needs to be made, and how hard that decision may be. (This video is 15 minutes in length.)
LO F.3 Appraise the different environments, or categories, under which decision are made
Web Links
Elements of Decision Making
This page describes the four key elements of a decision-making situation.
LO F.2 Define the elements in the decision-making process
Making Decisions Under Uncertainty
This article describes how the Bank of England is making decisions, given the uncertainty caused by Brexit.
LO F.4 Solve decision-making problems under certainty, uncertainty, and risk
Decision Trees
This article describes the anatomy of a decision tree.
LO F.5 Use decision trees and sensitivity analyses to make sequential decisions