Explain the base case analysis

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Assignment - Complex Managerial Decision Problems Questions

Learning Outcomes -

1. Find some structured ways of dealing with complex managerial decision problems.

2. Explain simple decision models and management science ideas that provide powerful and (often surprising) qualitative insight about large spectrum of managerial problems.

3. Demonstrate the tools for deciding when and which decision models to use for specific problems.

4. Build an understanding of the kind of problems that is tackled using spreadsheet modeling and decision analysis.

Action Required - Read the following chapter of your Textbook.

Chapter 4: Spreadsheet Analysis

Questions -

1. Explain the Base Case Analysis.

2. List the five categories of spreadsheet analysis.

Book - Powell, S. G., & Baker, K. R. (2014). Management science: The art of modeling with spreadsheets (4th ed.). Wiley. ISBN: 9781118582695 (print version); ISBN: 9781118801314 (E-copy).

Reference no: EM133246523

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