Assignment 3-Spreadsheet Decision Modeling

Assignment 3

MGT425-Spreadsheet Decision Modeling

Deadline: 7/4/2021

Instructions – PLEASE READ THEM CAREFULLY

1- 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).

2- Zero plagiarism

3- Avoid misspellings and grammar.

4- Citing of references is also necessary.

5- Students must mention question number clearly in their answer.

6- All students are encouraged to use their own word

Course Learning Outcomes-Covered

PLO	Course Learning Outcome (CLO)	Question
1.1	Find some structured ways of dealing with complex managerial decision problems.	Question 1
1.3	Explain simple decision models and management science ideas that provide powerful and (often surprising) qualitative insight about large spectrum of managerial problems.	Question 2
2.1	Demonstrate the tools for deciding when and which decision models to use for specific problems	Question 3

Assignment Instructions:

· 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 05)

Read the above case study and answer the following Questions:

1. What is Autonomous Decision Making Process? (400 words) 2 Marks

2. Explain the main issues and challenges discussed in this Study. (300 words) 1.5 Marks.

3. What is your opinion about this study and how it is beneficial for you as a management professional? (300 words) 1.5 Marks.

Answers:

1

2

3