MGT425-Spreadsheet Decision Modeling

Kingdom of Saudi Arabia Ministry of Education Saudi Electronic Universityالمملكة العربية السعودية وزارة التعليم الجامعة السعودية الإلكترونية  

College of Administrative and Financial Sciences

Assignment-2

MGT425-Spreadsheet Decision Modeling

Course Name: Spreadsheet Decision ModelingStudent’s Name:
Course Code: MGT425Student’s ID Number:
Semester: 2CRN:22628
Academic Year:

For Instructor’s Use only

Instructor’s Name:
Students’ Grade: Marks Obtained/Out of 15Level of Marks: High/Middle/Low

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- 1
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- 2, 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: “Modeling Autonomous Decision-Making on Energy and Environmental Management Using Petri-Net: Case Study”.

Author: Niken Prilandita, Benjamin McLellan, Tetsuo Tezuka.

Assignment Questions: (Marks 15)

Read the above case study and answer the following Questions:    

Question 1: Explain the autonomous decision-making process, its advantages and disadvantages (250-300 words) (3-Marks).                                                                                               

Question 2: Discuss the Centralized and De-centralized Decision-making Approaches with suitable examples (250-300 words). (3-Marks).   

Question 3: Explain the various stages of Decision-Making Cycle based on this case study (250-300 words) (3-Marks).

Question 4: Why are the most decisions made on energy and environmental management known as the decisions of community interest. (250-300 words) (3-Marks).

Question 5: What is your learning from this case study and how it is beneficial for you? (250-300 words) (3-Marks).