Our Services

Get 15% Discount on your First Order

[rank_math_breadcrumb]

decision analysiss

BBA312 DECISION ANALYSIS Task brief & rubrics Final Assignment

Formalities

Individual

· Minimum length of the assignment 1000 words – Maximum 1500 words.

· Essay form

· Relate your answers to the concepts delivered in class.

· Font: Arial 12,5pts. Line-spacing: default. Text-align: Justified.

· Bibliography/References in Harvard style.

· You may use Appendixes. These and the References do not count for the total wordcount.

TASK

Look at the following topic and answer the related questions:

BACKGROUND

You are trying to choose a school to do your Masters in after graduating from the EUBS.

INSTRUCTIONS

Question 1

Use a SMART Analysis to compare four different schools and use it to identify your best choice.

Question 2

You realise that the value of the Masters will depend on the grade you get on the course. You set out the values depending on whether your grade is High, Average or Low on this table below. For example, the value of Uni 1 if you finish with a high grade is 100 in your opinion but if you come out with a low grade it will only have a value of 10.

High Grade

Average Grade

Low Grade

Uni 1

100

60

10

Uni 2

90

70

30

Uni 3

70

50

40

Use the Maximax, Maximin, Hurwicz and Savage Criteria to see which option would be the best one using each criteria separately. Explain your workings

Question 3

You then try to calculate the probability of getting these grades. They are shown in the table below. For example, you consider that you have a 20% chance of getting a high grade in Uni 1.

High Grade

Average Grade

Low Grade

Uni 1

20%

40%

40%

Uni 2

30%

40%

30%

Uni 3

50%

30%

20%

Draw a decision tree using these probabilities and the values in Question 2 to decide which of the three options would be the best one. If you prefer you can draw it on paper and insert the picture here.

Question 4

You are worried that the probability of getting a high grade may not be correctly estimated. Do a Sensitivity Analysis on this probability to see if your decision would change if the probability of getting a high grade were either lower or higher.

The Makeup assesses the following learning outcomes:

· Outcome 1: Understand the the use of frameworks to support decision making

· Outcome 2: Be able to apply these frameworks correctly

· Outcome 3: Be able to use qualitative and quantitative information to take appropriate decisions

Rubrics

Exceptional 90-100

Good 80-89

Fair 70-79

Marginal fail 60-69

Knowledge & Understanding (20%)

Student demonstrates excellent understanding of key concepts and uses vocabulary in an entirely appropriate manner.

Student demonstrates good understanding of the task and mentions some relevant concepts and demonstrates use of the relevant vocabulary.

Student understands the task and provides minimum theory and/or some use of vocabulary.

Student understands the task and attempts to answer the question but does not mention key concepts or uses minimum amount of relevant vocabulary.

Application (30%)

Student applies fully relevant knowledge from the topics delivered in class.

Student applies mostly relevant knowledge from the topics delivered in class.

Student applies some relevant knowledge from the topics delivered in class. Misunderstanding may be evident.

Student applies little relevant knowledge from the topics delivered in class. Misunderstands are evident.

Calcuations (30%)

Student calculations are completely accurate, leading them to coherent conclusions

Student calculations are mostly accurate, leading them to relevant conclusions

Student calculations have a few mistakes leading them to not always find a conclusion that fits the question

Student calculations have several mistakes leading them to come to the wrong conclusions

Communication (20%)

Student communicates their ideas extremely clearly and concisely, respecting word count, grammar and spellcheck

Student communicates their ideas clearly and concisely, respecting word count, grammar and spellcheck

Student communicates their ideas with some clarity and concision. It may be slightly over or under the wordcount limit. Some misspelling errors may be evident.

Student communicates their ideas in a somewhat unclear and unconcise way. Does not reach or does exceed wordcount excessively and misspelling errors are evident.

Share This Post

Email
WhatsApp
Facebook
Twitter
LinkedIn
Pinterest
Reddit

Order a Similar Paper and get 15% Discount on your First Order

Related Questions

Discussion Board 3 ( Healthcare Reimbursement)

In your post, compare the characteristics and claims filing processes of private and public payers. What type of ethical issues could arise with personnel during the claims filing processes? Imagine yourself sitting around a conference table with your instructor and classmates. This discussion topic will be similar. It is a

Reading 3

instructions and readings are attached  For section #2 Comparative Insight (7 points) I also attached week 2 reading (Staffing Models)

MATH120

SEE ATTACHMENT  Conditional Probability: What affect does a condition have on the probability?  Let’s compare and find out. Example:   Let’s look at a standard deck of 52 playing cards. No replacement:  What is the probability of getting 2 kings assuming that the first one is not replaced?  (Note:  There are

MGMT496

SEE ATTCHMENT 250-300 WORDS ANSWERING THE FOLLOWING QUESTION This week explain who the potential audience for your e-portfolio will be.  How will you ensure that your e-portfolio is well received by the audience?  What acronyms do you use in your workplace that can cause confusion?  If you are including a

Government and Politics

Details attached.   The role of government in the economy is often debated by economists and businesspeople. 

HRM 6302 Unit V DBR

2 Employment Law HRM 6302 Unit V DB Reply 1 Posts to others should be a minimum of 150 words and use at least one supporting reference. You can use the text for this course as one of the reference sources. Reply to student post below Part I Under the Federal

Fin 6301 Unit VI PPP

2 Corporate Finance ECO 6301 Unit VI PowerPoint Presentation This assignment measures your mastery of ULOs 5.1, 5.2, and 5.3. The purpose of this PowerPoint Presentation is to analyze fundamental aspects of corporate finance management in multinational corporations. You will research a multinational corporation to focus on for the assignment,

gender

 In this summarize, Gallant writes mostly about gender and sex work. How might her ideas be expanded to consider gender in other areas of life?  

Real Estate Evaluation| Neighborhood Analysis

Identify and evaluate the neighborhood within which you live? Create a neighborhood profile using internet links and personal information that will provide some specific data. Draw some inference from this evaluation. Be sure to understand the term neighborhood and what makes this neighborhood different. Is it close to jobs? How

week 3 dicussion Organizational Behavior

 What are the factors that influence our perception? What is the link between perception and decision making? How do individual differences and organizational constraints influence decision making? 

FIN 6301 Unit V DB R1

2 Corporate Finance ECO 6301 Unit V DB Reply 1 • Your response post to class classmate should be at least 150 words in length. • Your response post should include at least one APA-formatted scholarly, professional, or textbook reference with accompanying in-text citation to support any paraphrased, summarized, or

FIN 6301 Unit V DB R2

2 Corporate Finance ECO 6301 Unit V DB Reply 2 • Your response post to class classmate should be at least 150 words in length. • Your response post should include at least one APA-formatted scholarly, professional, or textbook reference with accompanying in-text citation to support any paraphrased, summarized, or

BUSINESS (NO PLAGARISM A+ WORK, ON TIME)

discussion and assignment ASSIGNMENT Brand Extension Assignment For this assignment, you are asked to choose an  existing brand and create a  brand extension for that brand. This is not connected to your final paper topic, so you can use any brand, including your final paper topic for this deliverable. Your goal is

Cash Budget

See attached Please complete Excel template provided The goal of this assignment is to demonstrate the process of construction and utilization of a cash budget for a company. The assignment is closely related to Course Objectives #02. For this assignment we consider the monthly cash budget for six months (January

Final Project: Present a Business Plan

   Final Project: Present a Business Plan WHO: You are the entrepreneur, and your job is to present a business plan for your entrepreneurial venture (I was thinking of a truck parking stop).

Deliverable 7 – Strategic Implementation of Quality Initiatives

  Competencies Analyze the history of healthcare quality improvement and how it shapes current and future quality initiatives. Evaluate patient care clinical outcomes using quality improvement principles. Evaluate healthcare quality measures and their use in diverse populations and settings. Apply models of quality improvement to institutional challenges within the healthcare

Week 4 Discussion Response- Account for Managment Decision Making

Account for Management Decision Making Week 4 Learning Resources Costs There are many different types of costs that impact a manager’s decision making. Therefore, it is imperative that managers understand what each type is as well as the ones relevant to a specific decision. In these resources, you will examine