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Instructions – PLEASE READ THEM CAREFULLY
The Assignment must be submitted on Blackboard (WORD format only) via allocated folder.
Assignments submitted through email will not be accepted.
Students are advised to make their work clear and well presented; marks may be reduced for poor presentation. This includes filling your information on the cover page.
Students must mention question number clearly in their answer.
Late submission will NOT be accepted.
Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions.
All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism).
Submissions without this cover page will NOT be accepted.
Course Learning Outcomes-Covered
Aligned (PLOs)
Course Learning Outcomes (CLOs)
Question
MGT.K.1
(1.1)
Find some structured ways of dealing with complex managerial decision problems.
Question- 2.
MGT.K.3
(1.2)
Explain simple decision models and management science ideas that provide powerful and (often surprising) qualitative insight about large spectrum of managerial problems.
Question- 1, 5
MGT.S.1
(2.1)
Demonstrate the tools for deciding when and which decision models to use for specific problems.
Question-4
MGT.V.1
(3.1)
Build an understanding of the kind of problems that is tackled using Spreadsheet Modeling and decision analysis.
Question-3
Assignment Instructions:
Assignment Questions: (Marks 10)
PART-A:
Decision Analysis (Critical Thinking)
Question 1: “A decision tree is a specialized model for recognizing the role of uncertainties in a decision-making situation” In context of this statement explain the Principles for Building and Analysing the Decision Trees (250-300 Words) (3-Marks)
PART-B:
Log in to Saudi Digital Library (SDL) via University’s website
On first page of SDL, choose “English Databases”
From the list find and click on EBSCO database.
In the Search Bar of EBSCO find the following article:
Title: A Rough Multi-Criteria Decision-Making Approach for Sustainable Supplier Selection under Vague Environment: A Case Study.
Author: Huiyun Lu , Shaojun Jiang , Wenyan Song, Xinguo Ming
Read the above case study and answer the following Questions:
Question 2: Explain the decision-making approach discussed in this case study (250-300 words) (2-Marks).
Question 3: Why supplier selection is a typical multi-criteria decision-making process involving subjectivity and vagueness? (250-300 words) (2-Marks).
Question 4: Discuss the Sustainable supplier selection that is required for manufacturing companies. (250-300 words) (2-Marks).
Question 5: Write minimum four references in APA style in support of your answers (1- Mark).
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