ocr: Franing Fanm.istion and Protaceste Appraiuur stnxcturnal emRsoo: MONON vansiin s-ten Actign Wral Preblen Sha iste Eest Cladty ot Aret % Sotinge Wharts Mterainor Acidne" mportant? Beraton THE DECISION ANALYSIS cycle consists of four steps: framing the decision, formulating the decision model, evaluating the data in the model, and appraising the results.