1. Create a simple decision table that might be used to decide between three alternatives for outsourcing a service for a city government (You will have to fabricate amounts)
- The three alternatives should differ in price, quality, and average turnaround time. Your alternatives should include an in-house option, privatization options, and a county alternative.
- Use the following format:
|
Criteria
|
Alternative 1
|
Alternative 2
|
Alternative 3
|
|
Cost
|
$
|
$
|
$
|
|
Quality
|
High/Med/Low
|
High/Med/Low
|
High/Med/Low
|
|
Turnaround Time
|
Minutes, hour, days etc.
|
Minutes, hours, days, etc.
|
Minutes, hours, days, etc.
|
1. Take the alternatives you used in #1 to create an expected value table. Use the template provided in the lecture notes.
2. Take the alternatives you used in #1 to create a weighted score table. Use the template provided in the lecture notes.
Estimate amounts used in the calculation of a break-even analysis for each alternative in #1. Calculate break-even for each alternative