Microsoft Office Tutorials and References
In Depth Information
Exhibit 7.2 Model of mortgage payments with rate 6.5%
Exhibit 7.3 Model of mortgage payments with rate 7.0%
to occur. Introducing uncertainty for both existing conditions and the outcomes
resulting from actions can severely complicate decision making.
2. It is not unusual for decision makers to delay or abandon decision making
because they feel they are unable to deal with uncertainty. Decision makers
often believe that taking no action is a superior alternative to making decisions
with highly uncertain problem elements. Of course, there is no guarantee of this.