To reinforce your knowledge built in this area, and to verify that you have grasped the concepts, review discussion questions 1-1, 1-2, 1-3, and 1-4 in the textbook as a check to verify that you are comfortable with the material.
Discussion Question: In Figure 1.1 on page 5 of the textbook, at which point in the decision-modeling approach would you be able to determine if your best choice of solutions would be a probabilistic model or a deterministic model? Explain your answer.
Respond to at least two of your classmates by agreeing or disagreeing with their identification of where in the decision-modeling approach they would determine which model to use. Give details to support your point of view.
Refer to the Module One Discussion Rubric for directions on completing these discussions.