Reference no: EM133719179
Spreadsheet Decision Modeling
Learning Outcome 1: Find some structured ways of dealing with complex managerial decision problems.
Learning Outcome 2: Explain simple decision models and management science ideas that provide powerful and (often surprising) qualitative insight about large spectrum of managerial problems
Learning Outcome 3: Demonstrate the tools for deciding when and which decision models to use for specific problems.
Learning Outcome 4: Build an understanding of the kind of problems that is tackled using Spreadsheet Modeling and decision analysis.
Title: "Modeling Autonomous Decision-Making on Energy and Environmental Management Using Petri-Net: Case Study".
Author: Niken Prilandita, Benjamin McLellan, Tetsuo Tezuka.
Question 1: Explain the autonomous decision-making process, its advantages and disadvantages (250-300 words) (2.5-Marks).
Question 2: Discuss the Centralized and De-centralized Decision-Making Approaches with suitable examples (250-300 words). (2.5-Marks).
Question 3: Explain the various stages of Decision-Making Cycle based on this case study (250-300 words) (2.5-Marks).
Question 4: Why are the most decisions made on energy and environmental management known as the decisions of community interest. (250-300 words)