Tuesday, October 25, 2011

My Own Use: Decision Making Software

When thinking of Decision making software, I am inclined to visualize what the class uses in excel as my best example. The excel software is great for use in decision making once one understands what they are doing with it. When it comes to decision making I tend to just use whatever I feel is right, or just make the decision using past knowledge or someone else council.

In terms of technology and software, like most people I use the internet. Search engines online and informational sites aid in making decisions. In a search to find specific software I found a site that offers free decision making software.http://www.syncopation.com/?gclid=CJmcxOuehKwCFUGo4AodgnVsKg It is called Syncopation DPL 7. The abstract/mission for the software is as stated:

"Syncopation Software is a leading provider of decision support software tools including decision analysis software, risk analysis software and decision tree-based real option valuation software. Founded as a spin-off from a first-tier consulting organization, Syncopation develops products that go beyond the basics to give you exceptional insight into real-world decision problems."

2 comments:

  1. Before todays class i never knew there was a summary part to excel. Thats really helpful if someone is using it to make decisions, since it easily shows you alot of different possibilities.

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  2. I agree any software with the ability to make the decision process better will always be in demand

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