Explain the decision-making approach discussed in this case study (250-300 words)

MGT425-Spreadsheet Decision Modeling

Deadline: End of Week 11 @ 23:59 (12/11/2022)

 

 

Course Name:

Spreadsheet Decision Modeling

Student’s Name:
Course Code: MGT425 Student’s ID Number:
Semester: 1 CRN: 14264
Academic Year: First Term- 2022-2023 (1444 H)

 

For Instructor’s Use only

Instructor’s Name: DR GHAZALA AZIZ
Students’ Grade: Level of Marks:

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) 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, 3
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-5

 

Assignment Instructions:

  • 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

Date: 26 July 2018

 

Assignment Questions: (Marks 15)

Read the above case study and answer the following Questions:    

 

Question 1: Explain the decision-making approach discussed in this case study (250-300 words) (3-Marks).

 

Question 2: Why supplier selection is a typical multi-criteria decision-making process involving subjectivity and vagueness? (250-300 words) (3-Marks).

 

Question 3: Discuss the Sustainable supplier selection that is required for manufacturing companies. (250-300 words) (3-Marks).

 

Question 4: Why Supplier selection decisions are important for most of the manufacturing firms? (250-300 words) (3-Marks).

 

Question 5: What is your opinion about this study and how it is connected to course and beneficial for you? (250-300 words) (3-Marks).

 

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550 words
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