The task for this assignment is to review and summarize two decision models that is in practice relevant to a field of your interest such as construction, sport, marketing, housing, medicine, etc. For this purpose, students are required to search the relevant articles and /or case study using online database such as ProQuest or Harvard Business review.
You must investigate and present a report on the business case, the decision-making process or model, the value added to the business, any relevant assumptions and advantages and disadvantages by the application of the model to the business scenario. As a guide, you should research academic journals such as Interfaces, Decision Sciences, and Management Sciences. In addition, you may search articles through ProQuest and Google Scholar.
In this individual task, you are required to summarize your findings in a table with appropriate headings which clearly show the above criteria. Normal referencing is expected in your review and your arguments must be supported with evidence from the literature.
In Order to achieve a satisfactory result, you need to demonstrate strong commitment and diligence with this task. Your final submission should clearly explain the scenario in non-technical terms and provide suitable conclusions or insights about what you have learned from this analysis and review. A word on presentation and format: The paper submitted must not be more that 2000 words in length, include appendices for original tables, graphs and charts etc. Harvard format references must be used.
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