deciaion making

BU MET AD715: Assignment 3 Zlatev, Sep-01, 2018

1

Assignment 3 (Team Project):

What is the Rationale for Investing in a New BrewPub? (A conceptual study, prepared by a team of consultants who are helping the owner of an existing

fictitious restaurant to evaluate the rational of investing in a new in-house microbrewery)

Problem Description

Read the Business Running Case: What is the Rationale for Investing in a New BrewPub?

Learn how to use a business simulation “Strategies and Decision Support in Organizations”.

This simulation is specifically developed for AD715; it should be used in combination with selected

decision support tools covered in this course.

Team Project Organization and Deliverables

At the beginning of week 7 of the semester, four to five students will be assigned by the instructor to

work together and complete Assignment 3 as a team. Each team has to prepare and submit a

Managerial Report and provide an answer to the question “What is the Rationale for Investing in a

New BrewPub?”

The charges of each team are listed by tasks as follows (the grading points are given per team member):

Task 3-0 (max 1 gr.pt): Overall requirements - the expected length of the main body of the

managerial report (tasks 3-1 to 3-5) is up to 25 pages APA format, excluding

cover page, table of content, executive summary (task 3-6), and appendices.

Task 3-1 (max 2 gr. pts): Based on the business simulation and the business running case, select a

location for the existing fictitious restaurant. Define and present the overall

goals and objectives from the business owner point of view.

Task 3-2 (max 3 pr. pts): Methodological framework - formulate your preparations for a step-by-step

decision making process, based on a research of all five areas of your study

(Marketing Management, Operations Management, Innovation &

Technology Management, Financial Management, and HR Management)

and the rational of using quantitative and qualitative decision making

methods, covered in this class.

Task 3-3 (max 3 gr. pts per functional area): For each one of the functional areas (task 3-2) apply at

least two from the discussed in this course decision support tools (e.g.

Decision Tree, SWOT Analysis, PESTEL Analysis, Break-Even Analysis,

What-If-Analysis, Sensitivity Analysis, Optimization Analysis, Risk

Analysis, others).

Task 3-4 (max 3 gr. pts per functional area): Evaluate the output parameters of the performed

simulation cycles and explain which cycle is offering the best business

parameters for the proposed new project, and why.

Task 3-5 (max 3 gr. pts): Summarize the results from the study and formulate the decision strategy

that the business owner should follow if he/she decides to invest in the new

project. Prepare an action plan for the implementation of your proposal.

Task 3-6 (max 1 gr. pt): Prepare an executive summary

Appendices: (max 4 gr. pts)

BU MET AD715: Assignment 3 Zlatev, Sep-01, 2018

2

Submission Requirements:

Assignment 3 is due December 10, 2018 by 11:59pm ET

Submit the completed assignment as a zip file using the Attachments tool on this page. Please be sure

to include your own name in the filename (last name, then first initial, for example: doej_assignX.doc)

and in the text of the document, so your instructor/facilitator always knows whose submission he/she is

reading.

The team assignment 3 should include the following documents:

o Managerial Report (pdf file) o Best decision cycle - excel file o Best decision cycle – pdf file (printout generated at the end of the business simulation) o Financial statement(s) – excel file(s), generated during the simulation o Attachments to Assignment 3 – excel of word files (such as SWOT Analysis, Decision Tree

Analysis, Implementation Plan, others)

o Team statement with estimates for the individual participation of each team member.