Paper Assignment
PAPER ASSIGNMENT #1
Due Sunday by 11:59pm Points 100 Submitting a text entry box, a website url, a media recording, or a file upload
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Individual Written Assignment 1
Independent gasoline stations have been having a difficult time, nevertheless, Anna Li has been thinking about starting her own independent gasoline station. Anna’s problem is to decide how large her station should be. The annual returns will depend on both the size of her station and a number of marketing factors related to the oil industry and demand for gasoline.
After a careful analysis, Anna developed the following table of the profit (or loss) realized for each size station based on market conditions:
SIZE OF FIRST STATION
GOOD MARKET ($) FAIR MARKET ($) POOR MARKET ($)
Small 60,000 25,000 -5,000
Medium 90,000 40,000 -20,000
Large 110,000 60,000 -30,000
Very large 280,000 50,000 -200,000
___________________________________________________________________________________________________________________________________________
Deliverables
1. Using Excel, design a decision table for this decision. 2. What is the maximin decision? 3. What is the maximax decision? 4. What is the Laplace decision? 5. What is the Hurwicz Criterion decision?
Highlight your answers, and remember to show all calculations in order to get full credit for your answers. (CLO 1,6)
Paper Speci�cs
Although this is a working paper it is also a research paper; therefore, it should be developed, organized and presented using APA formatting guidelines – including the use of a title page, citations, headings, tables, figures, references and appendices (if applicable); be sure to cite at least three scholarly researched sources.
Any calculations and graphs may be done in Excel, and then transferred to a Word document. All calculations should be clearly explained as to your assumptions and how you arrived at your answers.
The submitted assignment MUST BE a Word Document. (SLO11)
Paper Writing Requirements
Most classes have a 2 paper requirement per course. Please be sure to address the following requirements when completing your papers:
The cover page and reference page/s are not included in the above-stated page requirement. These should be in addition to page requirements. Papers need to be formatted in proper APA style. Each paper requires a minimum of at least three outside peer-reviewed sources for your references.
Acceptable/credible sources include: Academic journals and books, industry journals, and the class textbook. You could use credible business website sources in addition to these but avoid Wikipedia and Google. These are academic papers that need to include scholarly research.
Using your textbook is highly recommended to demonstrate that you have read the required material.
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Total Points: 100.0
Grading Rubric for Quantitative Problem-Solving
Criteria Ratings Pts
20.0 pts
50.0 pts
15.0 pts
15.0 pts
Plagiarism
According to www.merriam-webster.com/dictionary/plagiarized (https://www.merriam-webster.com/dictionary/plagiarized)
PLAGARIZE: transitive verb (https://www.merriam-webster.com/dictionary/transitive) : to steal and pass off (the ideas or words of another) as one's own : use (another's production) without crediting the source intransitive verb (https://www.merriam-webster.com/dictionary/intransitive) : to commit literary theft : present as new and original an idea or product derived from an existing source
With this said, it is very important to show backing for your thought, so if you are summarizing/paraphrasing another’s work, cite that work, or any work that shows backing for your thought directly after you have written it. Each paragraph starts over when citing, so remember that citing in one paragraph does not cover your reference requirements for your whole paper.
Also, if you quote more than 3 words in a row that are exactly the same as your source, be sure to add in quote marks around those words, then add the page or para# with the rest of the reference citation at the end of the quote mark. Your APA 6 edition guide is an excellent resource. It is highly recommended that you own one. Our Librarian and/or our Writing Tutors are also very helpful and FREE! Be sure to utilize the CiAM tutor, tutor@ciam.edu (mailto:tutor@ciam.edu) , if you are needing support with grammar before you submit your paper. This is an incredible resource and can make the difference between earning an A or not. Once your paper is reviewed by the tutors, make the recommended changes and then submit your paper to our course before the due date.
th
Understands the Problem
Understands the Problem
20%
20.0 to >16.0 pts Excellent
Student demonstrates ability to integrate concepts and apply functional tools within the appropriate business disciplines to solve a complex problem. Where research is required, sources or examples meet required criteria, are scholarly and are well chosen to provide substance and perspectives on the issue under examination. Clear use of LIRN or other research databases
16.0 to >6.0 pts Good
Student demonstrates ability to integrate concepts and apply most of the functional tools within the appropriate business disciplines. There may be minor flaws to solving the problem. Where research is required, sources or examples meet required criteria but are less‐than adequately chosen to provide substance and perspectives on the issue under examination.
6.0 to >5.0 pts Needs Improvement
Student attempts but does not fully demonstrate ability to integrate concepts or apply the needed functional tools. There are flaws that will prevent solving the problem correctly. Where research is required, sources or examples do not meet required criteria and are poorly chosen to provide substance and perspectives on the issue under examination.
5.0 to >0 pts Does Not Meet Requirments
Student makes little or no attempt to demonstrate ability to integrate concepts or apply the needed functional tools. Where research is required, source or example selection and integration of knowledge from the course is clearly deficient. No evidence of research.
Calculations performed
Calculations performed 50%
50.0 to >45.0 pts Excellent
Work shown is logical. Diagrams or labeled work support the strategy. Calculations are completely correct, and answers properly labeled.
45.0 to >36.0 pts Good
Calculated an answer but was unable to explain the strategy. Work shown has gaps. Calculations are mostly correct; may contain minor errors.
36.0 to >24.0 pts Needs Imrpovement
Attempted to solve the problem. Work is partially shown. Major errors in explaining strategy may be evident. Calculations contain major errors.
24.0 to >0 pts Does Not Meet Requirements
Calculated an answer but was unable to explain the strategy. Work shown has gaps. Calculations are mostly correct; may contain minor errors.
Answers the Problem
Answers the Problem 15%
15.0 to >8.0 pts Excellent
Correct answer or solution of problem
8.0 to >4.0 pts Good
Correct answer or solution with minor labeling error.
4.0 to >2.0 pts Needs Improvement
Copying error, computational error, partial answer for problem with multiple answers, answer labeled incorrectly. No answer statement
2.0 to >0 pts Does Not Meet Requirements
Wrong answer based upon an inappropriate plan. No answer
Organization and Readability
Organization and Readability 15%
15.0 to >8.0 pts Excellent
Written work progresses logically and ideas are well-developed and cohesive. There is a clear beginning, middle and end. Paragraphs, ideas, and illustrations are well developed; transitions are seamless. As needed, effectively utilizes APA formats for headings (including title page, section breaks), labeling of tables and figures, in-text citations, and reference lists.
8.0 to >4.0 pts Good
Written work progresses logically and ideas are fairly complete. Transitions between paragraphs and ideas are occasionally missing or incomplete. Paragraphs, ideas, and illustrations are not consistently cohesive; However, the reader can follow the paper’s flow. As needed, utilizes APA formats, for headings (including title page, section breaks), labeling of tables and figures, in-text citations, and reference lists, but occasionally forgets in-text references or other minor errors
4.0 to >2.0 pts Needs Improvement
Written work often does not progress logically and ideas are often not fully formed. Transitions are often missing or incomplete. Lack of cohesion makes it difficult to follow the paper’s flow. Frequently incorrect APA formatting which includes headings, labeling of tables and figures, in-text citations, and reference lists.
2.0 to >0 pts Does Not Meet Requirements
Written work lacks logical flow and ideas are not fully formed. Transitions are not visible. Cohesion is nonexistent, and the reader cannot follow the flow of the paper. No organization apparent. No formatting or virtually no APA formatting where expected.
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