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Use proper referencing (APA style) to reference
The book
Powell, S. G., & Baker, K. R. (2014). Management science: The art of modeling with spreadsheets (4th ed.).Wiley.
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No. |
Course Learning Outcomes (CLOs) |
Question Number
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CLO1 |
Find some structured ways of dealing with complex managerial decision problems. |
Question 2 |
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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 1 |
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CLO3 |
Demonstrate the tools for deciding when and which decision models to use for specific problems. |
Question 3 |
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CLO4 |
Build an understanding of the kind of problems that is tackled using spreadsheet modeling and decision analysis. |
Question 4 and 5 |
Assignment Questions:
Read the attached article and answer the following Questions:
1. Explain the objective of this study according to your understanding (150-200 Words)
2. Why decision-making process is one of the most important issues in the area of management science? (150-200 Words)
3. What is the role of intuition in the managerial decision making? (150-200 Words)
4. What is the difference in rational and intuitive decision making style? (150-200 Words)
5. How this study is helpful for you in understanding the decision making process? (150-200 words)
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