1. Management Information Systems BUAD 283 Rational Decision-Making Using Microsoft Excel Thought For the Day: “A mainframe: The biggest PC peripheral available.”

2. Rational Decision-Making Model Step 1: Intelligence Determine what needs to be done Step 2: Design Identify potential solutions Step 3: Choice Determine the best solution Step 4: Implementation Apply the solution to the problem

3. Step 1: Intelligence List all needs, issues, and concerns Use the SUG Framework: Seriousness Urgency Growth Identify key concerns Determine your criteria goals and objectives Rank the goals and objectives comparatively

4. Step 2: Design Brainstorm approaches towards: Solving the problem Fulfilling the need Taking advantage of an opportunity

5. Step 3: Choice Create a matrix table Calculate the “Total Scored Value” for each solution alternative Perform a risk analysis Risk Probability Risk Seriousness

6. Step 4: Implementation Develop an implementation plan Calculate the total cost per employee

7. Microsoft Excel Demo