Highlights
Assessment Details:
The task for this assignment is to review and summarise two decision models that are 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 databases 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 summarise 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.
The assignment is worth 30% of your final grade and therefore, to achieve a satisfactory result, you need to demonstrate strong commitment and diligence with this task. The assessment rubrics have been provided, so you should read these carefully to ensure you address the requirements at the designated standard.
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