Assignment Workload:
This Assignment comprise of Discussion Questions.
Assignment is to be submitted by each student individually.
Assignment Purposes/Learning Outcomes:
After completion of Assignment-1 students will able to understand the
Find some structured ways of dealing with complex managerial decision problems. (L.O-1.1)
Build an understanding of the kind of problems that is tackled using spreadsheet modeling and decision analysis. (L.O-3.1)
2.Demonstrate the tools for deciding when and which decision models to use for specific problems.(L.O-2.1)
Assignment-1 Questions(15 Marks)
How logistics business is benefitted with different types of models. Explain with examples? (3 Marks)
Spreadsheets are “The Swiss Army Knife of business Analysis”.
What Challenges of using Spreadsheet are being faced in various companies. Explain. (3 Marks)
How you differentiate “Problem and Mess” in decision making process with examples. (3 Marks)
Explain with examples how Divergent and Convergent thinking helps in decision making? (3 Marks)
With examples elaborate. (3 Marks)