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.

Question 1: Explain theautonomous decision-makingprocess, its advantagesand disadvantages (250-300 words).

Question 2: Discuss the Centralized and De-centralized Decision-making Approaches with suitable examples (250-300 words).

Question 3: Explain the various stages of Decision-MakingCycle based on this case study (250-300 words)

Question 4: Why are the most decisions made on energy and environmental management known as the decisions of community interest. (250-300words)

Question 5: What is your learning from this case study and how it is beneficial for you? (250-300 words)