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Lemos, Justin
Miguel, Noruel Jan
Capote, Jerick Jay
Quiones, Khen
DECISION MAKING
manager of all kinds and types,
including the engineering manager
are primarily tasks to provide
leadership in the quest for attainment
of the organizations objective.
Diagnose Problem
If a manager wants to make an intelligent
decision, his first move mist be to identify
the problem. If the manager fails in the
aspect, it is almost impossible to succeed in
the subsequent steps.
Develop
Viable
Alternatives
Procedures
1. Prepare a list of alternative solutions.
2. Determine the viability of each solutions.
3. Revise the list by striking out those which
are not viable.
Example:
An engineering firm has a problem of
increasing its output by 30%. This is the
result of a new agreement between the firm
and one of its clients.
External
Environment
Decision
External
Environment
Labor
Unions
Banks
Suppliers
ENGINEERING
FIRM
Competitors
Public
Engineers
Clients
Evaluate
Alternatives
Evaluate Alternatives
each alternative must be analyzed
and evaluated in terms of its value,
cost, and risk characteristics. -Souder
Example:
An engineer manager is faced with a
problem of choosing between three
applicants to fill up a lone vacancy for a
junior engineer. He will have to set up
certain criteria for evaluating the applicants.
Evaluation Sheet
Title of Vacant position: JUNIOR ENGINEER
Date of Evaluation: December 28, 1996
Educ- Trai- Expe- Age Total
Applicant
ation ning rience
Point
s
1. Jose Sibayan, Jr.
2. Menandro Rillon
3. Dante dela Cruz
40
40
40
35
36
38
4
5
6
10
9
7
89
90
91
Making a choice
Choice
making
Implement
decisions
Evaluate
Feedback
The process which requires checking at each stage
of the process.
Control
Refers to the action made to ensure that activities
performed match the desired activity or goal.
Approaches
in solving problem
Qualitative evaluation
Quantitative evaluation
Qualitative
evaluation
Quantitative
evaluation
Quantitative
making
Inventory models
Queuing theory
Network models
Forecasting
Regression analysis
Simulation
Linear programming
Sampling theory
Statistical decision theory
Inventory
models
Queuing Theory
Network Models
The two most prominent network models
are:
1. Program Revaluation Review Technique
(PERT)-which enables engineer managers to
schedule, monitor, and control large and
complex projects by employing three time
estimates for each activity.
2. Critical Path Method (CPM)- using only
one time factor per activity that enables the
engineer managers to schedule, control, and
control large and complex projects
Forecasting
- defined as the collection of past and
current information to make
predictions about the future.
Regression Analysis
Is a forecasting method that examines
the association between two or more
variables.
It uses a data from previous periods to
predict future events.
Simple Regression- one independent
variable involved
Multiple Regression- two or more
independent involved
Simulation
Constructed to represent, reality, on which
conclusion about real-life problems can be
used.
It is highly sophisticated tool by means of
which the decisions maker develops a
mathematical model of the system under
construction.
Does not guarantee an optimum solution,
but it can evaluate the alternative fed into
the process by the decision-maker.
Linear Programming
Is a quantitative technique that is
used to produce an optimum solution
within the bounds imposed by
constraints upon the decision.
Sampling Theory
A quantitative technique where
samples of population are statistical
determined to be used for a number
of process, such as quality control
and marketing research.
Summary