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Multi Criteria Decision Making

Multi Criteria Decision Making

Course Learning Outcomes-Covered

Aligned (PLOs) Course Learning Outcomes (CLOs) Question
MGT.K.1

(1.1)

Find some structured ways of dealing with complex managerial decision problems. Question- 2.
MGT.K.3

(1.2)

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
MGT.S.1

(2.1)

Demonstrate the tools for deciding when and which decision models to use for specific problems. Question-4

 

MGT.V.1

(3.1)

Build an understanding of the kind of problems that is tackled using Spreadsheet Modeling and decision analysis. Question-5

 

Assignment Instructions:

 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).

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