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A payoff matrix is a decision analysis tool that summarizes pros and cons of a decision in a tabular form. It lists payoffs (negative or positive returns) associated with all possible combinations of alternative actions (under the decision maker's control) and external conditions (not under decision maker's control). Also called payoff table.
From the standpoint of structure the opposite of a shell is what is inside the shell, or the interior.In biology, the opposite or reverse structure from a shell is a skeleton. (A shell being an exoskeleton.) On the other hand, the contrasting structure in animals that do not have shells could be the skin, an opposite or alternative type of exterior.
An if structure statement is an example of a single control structure statement. It utilized the use of a single comparison criteria to direct the flow of a program. I.e. - If the ball is yellow then throw it. An if-then-else statement is an example of a dual control statement. It is utilized when the use of one comparison criteria is needed but when there are two different resulting actions that are needed . I.e. - If the ball is yellow then throw it, else bounce it. A case structure is typically utilized when 3 or more comparison criteria are needed. Here a case is established for each comparison and within the case is the directions that must be followed based on the comparison criteria for the case being true. I.e. - If the ball is yellow then throw it. If the ball is green then hold it. If the ball is blue then bounce it. This a simplified explaination.
A decision which is made as the result of something happening. A proactive decision is one which is made in case something happens. A retroactive decision is one which affects something which has already happened e.g. if a person is awarded a salary increase on June 1st, retroactive to February it means that they will receive back pay for the month of February-May.
multiple alternative decision structure / case structure
A sequence structure
what are five advantages and five disavantages of using case structures to multiple alternative dicisions
A case study on monopoly market structure indicates a number of things. In most cases, consumers are exploited as they do not have any alternative in a monopoly market.
the most desirable alternative given up in a decision
Using case structures becomes difficult when programming multiple alternative decisions. Instead of listing each of the steps and executing them individually, it is easier to make decision structures and loops.
The case structure
The case structure
Trade-off
cost
Opportunity Cost
Mis helps in planning and controlling in an organisation but decision making means select a single alternative among all possible alternative.