| Kingdom of Saudi Arabia
Ministry of Education Saudi Electronic University |
المملكة العربية السعودية
وزارة التعليم الجامعة السعودية الإلكترونية
|
College of Administrative and Financial Sciences
Assignment 3
Spreadsheet Decision Modeling (MGT 425)
Due Date: 30/04/2022 @ 23:59 (End of Week 13)
| Course Name: Spreadsheet Decision Modeling | Student’s Name: |
| Course Code: MGT 425 | Student’s ID Number: |
| Semester: 2 | CRN: |
| Academic Year: 2021-22-2nd | |
For Instructor’s Use only
| Instructor’s Name: | |
| 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) No pictures containing text will be accepted and will be considered plagiarism).
- Submissions without this cover page will NOT be accepted.
Learning Outcomes:
| No. | Course Learning Outcomes (CLOs) | Question Number
|
| CLO1 | Find some structured ways of dealing with complex managerial decision problems. | Question 1 |
| 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 |
| CLO3 | Demonstrate the tools for deciding when and which decision models to use for specific problems. | Question 4 |
| 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:
- Explain the Autonomous Decision Making that can be taken by managers in business organizations (150-200 words) 2 Marks
- What are the reasons that many countries around the world are gradually shifting towards sustainable energy options? (150-200 words) 2 Marks
- Elaborate the global agenda and technological challenges for creating a more sustainable environment. (150-200 words) 2 Marks
- 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
- What you have learned from this study and how it is beneficial for you as a management professional (150-200 words) 2 Marks.
Answers:
Spreadsheet Decision Modeling