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Decision Making - Advanced Level: resource allocation ADVANCED

Master decision making concepts through this hard problem set practice set. Worksheet 26 of 30 contains 20 advanced-level problems. Deep dive into resource allocation while learning decision analysis, outcome evaluation, decision criteria. Recommended for advanced learners aiming for complex scenarios and multi-step problems.

📝 Worksheet 26 of 30 • 20 questions • ⏱️ Estimated time: 20 minutes • 🎯 Advanced level

What you'll learn in this worksheet:
Your progress through Decision Making
Worksheet 26 of 30 (86% complete)

Question 1

Situation: During a riot, you must decide whether to deploy tear gas on a crowd of 500 protesters (risk of injury to 50, but stop violence) or let them protest (risk of 100 injuries from violence). What is the best decision in this emergency situation?
Risk assessment: 50 injuries from tear gas vs 100 injuries from violence. Immediate deployment minimizes total harm despite short-term side effects.
decision, emergency, crisis, time-critical

Question 2

Situation: A government agency needs to allocate limited disaster relief funds between flood-prone and earthquake-prone regions. What should be the primary criterion for this decision?
Risk assessment should prioritize areas with highest probability of imminent disaster, as prevention is more effective than post-disaster relief.
decision, criteria, priorities

Question 3

Situation: You're the captain of a ship that hits an iceberg. You have 30 minutes before sinking. 100 passengers, lifeboats capacity 80. What is the best decision in this emergency situation?
In maritime emergencies, traditional protocol prioritizes vulnerable populations. This maintains order, maximizes survival of those with least chance of self-rescue.
decision, emergency, crisis, time-critical

Question 4

Decision: Company considering automation that will eliminate 200 jobs but increase efficiency by 40% Considering all stakeholder impacts, what is the most ethical and practical approach?
Balances efficiency gains with social responsibility. Saves 100 jobs while improving efficiency, providing transition support for affected workers. This approach balances competing interests while prioritizing overall welfare.
decision, stakeholders, ethics, corporate

Question 5

Decision: University deciding on tuition policy amid financial pressures Considering all stakeholder impacts, what is the most ethical and practical approach?
Balances financial sustainability with accessibility. Small increase with aid protects vulnerable students while generating needed revenue. This approach balances competing interests while prioritizing overall welfare.
decision, stakeholders, ethics, corporate

Question 6

Decision: Accept job offer immediately or negotiate with current employer? Based on expected value analysis, what is the optimal strategy?
Accept: guaranteed 25% raise. Negotiate: 50% chance of 15% raise, 50% chance of 0% raise → expected = 7.5% raise. Guaranteed 25% > expected 7.5%.
decision, sequential, probability, expected-value

Question 7

Decision: City council deciding on new affordable housing project location Considering all stakeholder impacts, what is the most ethical and practical approach?
Distributes impact across neighborhoods, reduces concentrated opposition, provides better integration with existing communities. This approach balances competing interests while prioritizing overall welfare.
decision, stakeholders, ethics, corporate

Question 8

Situation: A government agency needs to allocate limited disaster relief funds between flood-prone and earthquake-prone regions. What should be the primary criterion for this decision?
Risk assessment should prioritize areas with highest probability of imminent disaster, as prevention is more effective than post-disaster relief.
decision, criteria, priorities

Question 9

Decision: City council deciding on new affordable housing project location Considering all stakeholder impacts, what is the most ethical and practical approach?
Distributes impact across neighborhoods, reduces concentrated opposition, provides better integration with existing communities. This approach balances competing interests while prioritizing overall welfare.
decision, stakeholders, ethics, corporate

Question 10

Scenario: Choosing a location for new factory Criteria weights: Labor costs (25%), Logistics (25%), Tax incentives (20%), Skilled workforce (20%), Energy costs (10%) Scores: Location X: 8/7/9/6/8, Location Y: 6/8/7/9/7, Location Z: 7/9/6/8/9 Based on weighted multi-criteria evaluation, which option should be selected?
X=2.0+1.75+1.8+1.2+0.8=7.55; Y=1.5+2.0+1.4+1.8+0.7=7.4; Z=1.75+2.25+1.2+1.6+0.9=7.7. Location Z scores highest.
decision, matrix, weighted-evaluation

Question 11

Situation: John has 4 hours of free time: study for exam (improve grades), work part-time job (earn $60), or exercise and relax (improve health) Considering opportunity costs, what is the best choice?
Long-term academic success typically has higher lifetime value than $60 or immediate health benefits. The opportunity cost of studying is short-term earnings, but education ROI justifies this choice.
decision, opportunity-cost, trade-offs

Question 12

Situation: A farmer with limited land can either: grow wheat (guaranteed $5000 profit), grow organic vegetables (potential $8000 profit, 40% crop failure risk), or lease land to solar company (guaranteed $6000) Considering opportunity costs, what is the best choice?
Expected value of vegetables = $8000 × 0.6 = $4800, which is less than guaranteed $5000 from wheat. Solar lease gives $6000 guaranteed, making it optimal considering risk.
decision, opportunity-cost, trade-offs

Question 13

Situation: A government agency needs to allocate limited disaster relief funds between flood-prone and earthquake-prone regions. What should be the primary criterion for this decision?
Risk assessment should prioritize areas with highest probability of imminent disaster, as prevention is more effective than post-disaster relief.
decision, criteria, priorities

Question 14

Situation: A government agency needs to allocate limited disaster relief funds between flood-prone and earthquake-prone regions. What should be the primary criterion for this decision?
Risk assessment should prioritize areas with highest probability of imminent disaster, as prevention is more effective than post-disaster relief.
decision, criteria, priorities

Question 15

Situation: Factory fire with 50 workers inside. You can either: try to extinguish fire (30% success, 10 minutes, saves all) or evacuate (100% success, 5 minutes, saves 40 workers). What is the best decision in this emergency situation?
Expected value: Extinguish = 50×0.3 = 15 expected saved; Evacuate = 40 guaranteed saved. Guarantee of 40 saved is better than 15 expected.
decision, emergency, crisis, time-critical

Question 16

Situation: Factory fire with 50 workers inside. You can either: try to extinguish fire (30% success, 10 minutes, saves all) or evacuate (100% success, 5 minutes, saves 40 workers). What is the best decision in this emergency situation?
Expected value: Extinguish = 50×0.3 = 15 expected saved; Evacuate = 40 guaranteed saved. Guarantee of 40 saved is better than 15 expected.
decision, emergency, crisis, time-critical

Question 17

Decision: Hospital choosing between specialized cancer center or expanded general services Considering all stakeholder impacts, what is the most ethical and practical approach?
Greatest good for greatest number - 10,000 patients vs 500. General services impact broader community while cancer center serves niche population. This approach balances competing interests while prioritizing overall welfare.
decision, stakeholders, ethics, corporate

Question 18

Scenario: Selecting employee benefits package Criteria weights: Employee satisfaction (35%), Cost to company (30%), Retention impact (25%), Administrative ease (10%) Scores: Health focus: 9/5/8/7, Retirement focus: 6/8/7/8, Work-life balance: 8/7/9/6 Based on weighted multi-criteria evaluation, which option should be selected?
Health=3.15+1.5+2.0+0.7=7.35; Retirement=2.1+2.4+1.75+0.8=7.05; Work-life=2.8+2.1+2.25+0.6=7.75. Work-life package optimizes across criteria.
decision, matrix, weighted-evaluation

Question 19

Situation: A company must decide between expanding to Location A (high rent, skilled workforce) or Location B (low rent, requires training employees). What should be the primary criterion for this decision?
This considers the strategic impact beyond immediate costs. Even with higher rent, a skilled workforce and better market access can generate higher returns, making growth potential the primary criterion.
decision, criteria, priorities

Question 20

Scenario: Choosing a marketing strategy for product launch Criteria weights: Reach (30%), Engagement (30%), Cost (25%), Speed (15%) Scores: Digital: 9/8/7/9, Traditional: 6/7/8/5, Hybrid: 8/9/6/8 Based on weighted multi-criteria evaluation, which option should be selected?
Digital weighted=2.7+2.4+1.75+1.35=8.2; Traditional=1.8+2.1+2.0+0.75=6.65; Hybrid=2.4+2.7+1.5+1.2=7.8. Digital scores highest, but Hybrid balances all factors.
decision, matrix, weighted-evaluation
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