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As explained in this week’s resources, maximization of expected utility involves the following five steps of decision making: Identifying future conditions, along with the likelihood of the condition being realized Listing possible alternatives Estimating the payoff or utility for each alternative under each future condition Calculating the expected utility Selecting the best alternative

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Previous ArticleHuman Behavior Fire Research Project Develop a PowerPoint presentation on one of the following topics: 1. Human behavior/factors for public fire safety educators in your departments. Target Audience: Fire Safety Educators in your department. 2. Model behavior for fires at a nursing home. Target Audience: Employees of a nursing home in your jurisdiction. 3. Considerations of designing a fire drill for college dormitory residents. Target Audience: Dormitory Resident Assistants for a local college/university in your jurisdiction.Next ArticleThe chosen innovation is HAstily formed network (HFN) in conjunction with UAV’s (Unmanned Aerial Vehicle) for UNICEF. Need a 2-3 pages APA analysis paper that focuses on- > Using the technological innovation that you have selected for your final project, consider each of the quantitative and qualitative methods that were addressed in the textbook reading for choosing innovation projects. For each method, briefly discuss the applicability of that method for the business scenario provided for the final project (communication methods that can be implemented by UNICEF in absence of any other netowork at the disaster site ). Recommend a specific method or combination of methods to use for the business scenario. Should you apply the recommendation, would the method recommend the same innovation that you chose in your Final Project Milestone One? Why or why not?