assignment 3 MGT425
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Kingdom of Saudi Arabia Ministry of Education Saudi Electronic University |
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المملكة العربية السعودية وزارة التعليم الجامعة السعودية الإلكترونية
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College of Administrative and Financial Sciences
Assignment 3
Spreadsheet Decision Modeling (MGT 425)
Due Date: 30/04/2022 @ 23:59 (End of Week 13)
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Course Name: Spreadsheet Decision Modeling |
Student’s Name: |
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Course Code: MGT 425 |
Student’s ID Number: |
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Semester: 2 |
CRN: |
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Academic Year: 2021-22-2nd |
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For Instructor’s Use only
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Instructor’s Name: |
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Students’ Grade: Marks Obtained/Out of 10 |
Level of Marks: High/Middle/Low |
General 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.
Learning Outcomes:
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Course Learning Outcomes (CLOs) |
Question Number
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CLO1 |
Find some structured ways of dealing with complex managerial decision problems. |
Question 1 |
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CLO2 |
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 |
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CLO3 |
Demonstrate the tools for deciding when and which decision models to use for specific problems. |
Question 4 |
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CLO4 |
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 10)
Read the above case study and answer the following Questions:
1. Explain the Autonomous Decision Making that can be taken by managers in business organizations (150-200 words) 2 Marks
2. What are the reasons that many countries around the world are gradually shifting towards sustainable energy options? (150-200 words) 2 Marks
3. Elaborate the global agenda and technological challenges for creating a more sustainable environment. (150-200 words) 2 Marks
4. Why energy decision-making functions are occurred at various stakeholder levels, and how the decisions made by one stakeholder may affect others in the total energy system? (150-200 words) 2 Marks
5. What you have learned from this study and how it is beneficial for you as a management professional (150-200 words) 2 Marks.
Answers: