Multi Criteria Decision Making
Course Learning Outcomes-Covered
|Aligned (PLOs)||Course Learning Outcomes (CLOs)||Question|
|Find some structured ways of dealing with complex managerial decision problems.||Question- 2.|
|Explain simple decision models and management science ideas that provide powerful and (often surprising) qualitative insight about large spectrum of managerial problems.||Question- 1, 3|
|Demonstrate the tools for deciding when and which decision models to use for specific problems.||Question-4
|Build an understanding of the kind of problems that is tackled using Spreadsheet Modeling and decision analysis.||Question-5
Title: A Rough Multi-Criteria Decision-Making Approach for Sustainable Supplier Selection under Vague Environment: A Case Study.
Author: Huiyun Lu , Shaojun Jiang , Wenyan Song, Xinguo Ming
Date: 26 July 2018
Assignment Questions: (Marks 15)
Read the above case study and answer the following Questions:
Question 1: Explain the decision-making approach discussed in this case study (250-300 words) (3-Marks).
Question 2: Why supplier selection is a typical multi-criteria decision-making process involving subjectivity and vagueness? (250-300 words) (3-Marks).
Question 3: Discuss the Sustainable supplier selection that is required for manufacturing companies. (250-300 words) (3-Marks).
Question 4: Why Supplier selection decisions are important for most of the manufacturing firms? (250-300 words) (3-Marks).
Question 5: What is your opinion about this study and how it is connected to course and beneficial for you? (250-300 words) (3-Marks).