Reference no: EM131094142
Decision Analysis Case Study:
Valley of the Sun Reviews
Valley of the Sun Academy (VSA) is an online school specializing in GED programs for the Phoenix area. Valley of the Sun Academy enrolls 813 students and has a part-time faculty pool of 65 online instructors.
Online faculty are reviewed annually and provided with feedback about their facilitation techniques, content expertise, engagement, and classroom management. If necessary, remediation and additional support are provided by the Faculty Advisory Board (FAB). The online faculty reviews are one factor used to determine overall performance, teaching status, and potential performance appraisals.
Recently, the FAB submitted a proposal for a new approach for the next fiscal year, the Peer Faculty Performance Review (PFPR). Human Resources (HR) and the school's chief financial officer are evaluating the suggestion against the current design, described by VSA's director. Both review processes are outlined below.
Current Design
Valley of the Sun Academy uses an external firm, TeachBest Consulting, to conduct annual reviews for online faculty. The review team is composed of faculty members at other online institutions, including universities and high schools. Valley of the Sun Academy faculty are not part of the review process, and TeachBest Consulting handles hiring and training internally. Valley of the Sun Academy's HR department assigns completed courses to review, and VSA's Technical Support team is responsible for providing access.
Once completed, the TeachBest consultant submits the review form toVSA's HR department, and HR submits a payment for each review. In addition, VSA has an annual contract with TeachBest Consulting.
The overall contract is $2,500/year. If VSA's enrollment reaches 1,000 or more students or their faculty pool expands to 75 or more instructors, the contract amount will increase to $5,000/year. There is a 75% chance the student enrollment will reach 1,000 students within the next 18months and a 25% chance enrollment will not increase. During the next nine months,Human Resourcesanticipates hiring at least six math instructors.
Individual reviewers are paid $75 for each review. Reviews are conducted in March, July, and November, with all faculty reviewed by December 1.
Valley of the Sun Academy is responsible for disseminating the results of the review to faculty members. If questions arise about review results, the FAB is responsible for verifying the review and responding to the instructor. Periodically, the Faculty Advisory Board finds fault with the initial review and follow-up must be scheduled. Each year, about 5% of the initial reviews are found to be inaccurate and new reviews must be scheduled. Valley of the Sun Academy pays a discounted price of $50 for each follow-up review.
Peer Faculty Performance Review (PFPR) Proposal
The FAB proposes to conduct faculty reviews in-house and no longer contract TeachBest Consulting. Human Resourceswill review faculty files and invite the top three performing instructors in four disciplines (Literacy and Communication, Social Sciences, Math, and Science and Technology) to join the PFPR committee.
Initial responsibilities will involve creating a new review form and conducting a norming session for consistency. There will be ongoing technology fees of $20/month for each reviewer, to ensure access to create and complete the review forms. There will also be an initial cost to set up the norming session. The Faculty Advisory Board recommends one of three options:
1. A $500 session that can be scheduled at any time with TeachBest Consulting.
2. A $750 session offered monthly by an external employee development firm.
3. A session designed by VSA's HR and instructional design specialists, which would be free to attend but would require internal time and labor costs; HR anticipates a start of two months from implementation would prevent interrupting normal business practices.
Because the responsibilities are not included in current faculty contracts, FAB recommends stipends of $50 for each review completed. With the new internal PFPR process, FAB anticipates faculty reviews would no longer be overturned and there would not be a need to conduct secondary reviews. Additionally, FAB expects reviews to move to a 9-month rolling cycle rather than once every academic year.
State the first theorem of welfare economics
: State the First Theorem of Welfare Economics for an exchange economy. Give an example in which the First Theorem does not hold, and explain which assumptions of the theorem are violated in your example
|
Confidence interval for the average balance
: A local department store took a random sample of 64 charge accounts and found that the average balance was $63.19 with a sample standard deviation s = $12.50. Find a 90% confidence interval for the average balance due at this store.
|
Identify each persons class, race, and gender
: Identify each person's class, race, and gender - what role has class, race, and gender played in their lives? How do you see these stratifies as playing a role, even if the interviewee is unaware of it?
|
Calculate the probability that linda
: In order to make a profit of $40,000 per year, she will need at least 2,100 guests. Calculate the probability that Linda will make a profit of at least $40,000 per year.
|
Decision analysis case study
: Valley of the Sun Academy (VSA) is an online school specializing in GED programs for the Phoenix area. Valley of the Sun Academy enrolls 813 students and has a part-time faculty pool of 65 online instructors.
|
Develop a professional profile of research interests
: Develop a professional profile of research interests that lists the scientific and humanistic creativities that most interest you.
|
Population mean adult sodium level
: It is known that the population standard deviation of adult sodium levels is 14 mEq. Can we conclude, at the 0.1 level of significance, that the population mean adult sodium level differs from that claimed by the laboratory?
|
Pair of graphs to show an perfectly competitive industry
: Create a pair of graphs to show an perfectly competitive industry and firm in long-run equilibrium. Put the graphs side by side and use the same vertical scale for both graphs.
|
Isoleucine is degraded to propionyl
: Isoleucine is degraded to propionyl-CoA and acetyl-CoA in a six-step pathway that uses chemical strategies analogous to those in the TCA cycle and the b-oxidation of fatty acids. The (out of sequence) structures of the pathway intermediates are show..
|