EFULLY
• 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 usingTimes 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).