Discuss an example of a current decision-making situation, in your professional life, for which you believe it would potentially be beneficial to apply the quantitative analysis technique.
1. Describe the situation in detail, including describing the complexity of the decisions being made, the importance of the decisions being made, and the manner in which decisions are currently being made.
2. Describe in detail how you envision being able to apply the proposed quantitative analysis technique(s) to the described situation.
3. Describe in detail how you envision applying the proposed quantitative analysis technique(s) would potentially improve decision-making relative to the described situation.
4. Describe in detail the potential benefit(s) that you believe would be derived from improving decision-making relative to the described situation.
5. Describe in detail any potential impediments to applying the proposed quantitative analysis technique(s) to the described situation that you might foresee, and how you envision potentially being able to overcome them.