Espresso Machine Purchase Decision
Using Logical Elements to Evaluate Criteria for Purchasing an Espresso Machine
This example model makes use of logical elements (AND, OR and NOT) to evaluate whether or not key criteria are met to justify the purchase of an espresso machine. Criteria used to decide whether or not to purchase an espresso machine include the following:
1) Is there already a coffee shop nearby?
2) Are the potential revenue gains due to coffee-enhanced productivity greater than the cost of an espresso machine?
3) Are there any espresso machines in stock?
4) Is there sufficient cash or credit available for the purchase?
Decision analysis, Logical elements
GoldSim Features & Capabilities, Basic Function Elements
GoldSim Technology Group