Tidewater Services Case study and Guide questions

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Tidewater Services Case study and Guide questions

1.    Define the decision problem and the general nature of the problem.

2.    What event triggered the situation?

3.    Are we imposing any implied constraints on the situation?

4.    Define the objectives

5.    Identify the alternatives.

6.    Compare and contrast the consequences for all three alternatives by the fundamental objectives. Rank each alternative using proportional scoring, include weights on the objectives. Are there any dominated alternatives that can be eliminated? Are there any even swaps?

7.    What decision-making styles are at work here? What is their attitude towards risk?

8.    Are there any biases in play here that may influence the effectiveness of the decision?

9.    What are the uncertainties for this decision situation? What are their consequences?

10.                       Evaluate this decision situation using tradeoffs. What location should they select? Are there any linked decisions? Discuss any assumptions as needed.

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