decision making under uncertainty biotechnical engineering – www.savvyessaywriters.net
decision making under uncertainty biotechnical engineering – www.savvyessaywriters.net
Healthcare administration leaders are expected to exercise decision making under conditions of uncertainty. Perhaps more so than any other business, healthcare administration leaders face multiple challenges since ineffective business practices might not result in poor performance with their bottom lines and, if not, it might negatively impact patient safety. Understanding how to appropriately exercise decision making under conditions of uncertainty is a useful skill for effective healthcare administration practice.
Review the resources for this week, and reflect on how healthcare administration leaders must exercise decision making under conditions of uncertainty. Consider how you might engage in decision making under uncertainty, as you complete the Assignment and the Case Study 6.3 on pages 295–297 of your course text.attached
References
Albright, S. C., & Winston, W. L. (2015).
Business analytics: Data analysis and decision making (5th ed.). Stamford, CT: Cengage Learning.
- Chapter 6, “Decision Making Under Uncertainty” (pp. 222–297)
- Chapter 7, “Sampling and Sampling Distributions” (pp. 301–334)
Ekin, T., Kocadagli, O., Bastian, N. D., Fulton, L. V., & Griffin, P. M. (2015). Fuzzy decision making in health systems: A resource allocation model.
JEuro Journal on Decision Processes, 1–23.
Note: Retrieved from the Walden Library databases.
Required Media
Palisade [PalisadeCorp]. (2014b, January 29).
Introduction to PrecisionTree—Palisade webcast [Video file]. Retrieved from
You may also download the PrecisionTree software as a Free Trial by accessing the following:
Submit your answers and embedded Excel analysis as a Microsoft Word management report.
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