Decision support for management

Decision support for management
Paper details:
1. Identify TWO problems in managerial system which requires construction of analytical and simulation model. 2. There are 10 tasks in the assignment and each one should be completed accordingly 3. Attached notes would be helpful for constructing the analytical and simulation model. 4. Software Program (STELLA) should be used to build System Dynamics models 5. The tools used to build a model such as STOCKS & FLOWS informations are all in the notes. 6. Mathematical models can be used to solve the one remaining problem and the mathematical models should be from the notes attached. 7. Everything should be related to the notes i have uploaded. Most importantly 10 tasks need to be completed accordingly.

Decision Support for Management: Assignment
University of Sunderland, UK
Department of Computing, Engineering and Technology
1
UNIVERSITY OF SUNDERLAND
DEPARTMENT OF COMPUTING, ENGINEERING AND TECHNOLOGY
MODULE CODE:
CISM02
MODULE TITLE:
Decision Support for Management
MODULE ASSESSOR:
Dr Valentina Plekhanova
ASSESSMENT:
One of One
TITLE OF ASSESSMENT:
Assignment
PLEASE READ ALL INSTRUCTIONS AND INFORMATION CAREFULLY.
This assignment contributes 100% to your final module mark.
Please ensure that you retain a duplicate of your assignment. We are required to send samples of student work to the external examiners for moderation purposes. It will also safeguard in the unlikely event of your work going astray. All research paper based assessments are now required to be submitted into the TurnItIn system to check for plagiarism. Please submit the report supplied by the TurnItIn system along with your work, this can be found in New SunSpace.
THE FOLLOWING LEARNING OUTCOMES WILL BE ASSESSED: Knowledge of:
1.
Critical awareness of the concept of decision support and its effects on all parts of an organisation
?
2.
Critical understanding of modelling and simulation
? And the ability to:
3.
Effectively use various decision support tools and techniques
?
4.
Critically evaluate a range of decision making tools and techniques in relation to their application in a variety of contexts
?
IMPORTANT INFORMATION
You are required to submit your work within the bounds of the University Infringement of Assessment Regulations (see your Programme Guide). Plagiarism, paraphrasing and downloading large amounts of information from external sources, will not be tolerated and will be dealt with severely. Although you should make full use of any source material, which would normally be an occasional sentence and/or paragraph (referenced) followed by your own critical analysis/evaluation. You will receive no marks for work that is not your own. Your work may be subject to checks for originality which can include use of an electronic plagiarism detection service.
Where you are asked to submit an individual piece of work, the work must be entirely your own. The safety of your assessments is your responsibility. You must not permit another student access to your work.
Where referencing is required, unless otherwise stated, the Harvard referencing system must be used (see your Programme Guide).
Submission Date and Time
Centre Management Team provides students with the deadline: day and time
Decision Support for Management: Assignment
University of Sunderland, UK
Department of Computing, Engineering and Technology
2
The assignment is based on individual work by each student.
General System Scenario
You need to develop and consider your OWN general system scenario. Select a particular type of system. The system could have a number of decision problems. You need to identify TWO problems: a problem that requires the construction of an analytical model and a problem that requires the construction of a simulation model. Formulate these TWO problems in words.
Note that you need to structure and model a real decision problem.
You need to address all tasks identified in the following section.
Key Tasks
You need to produce a type written report which should contain the following:
Task 1: Use a general system scenario as a generic description of a type of real system. Add details to the general system scenario in relation to the problems that require the construction of analytical and simulation models. Produce a description of your specific scenarios in relation to each problem and aim. Write a paragraph explaining the problems you have been set. Write about the kind of questions that you are going to answer – be explicit. Write a succinct statement for each problem.
You need to provide:
? Clear explanation of a rationale of the application of the System Dynamics method to the selected problem
? Description and representation of basic concepts in relation to the selected problem
? Clear explanation of key aspects of System Dynamics modelling
? Representation of the System Dynamics diagrams
? Critical discussions of the application of the System Dynamics method to the selected problem
Task 2: Use the model-building process discussed in lectures to analyse your scenario and problems to be solved. Using the process you need to
? identify the decision variables
? formulate the objective function/aim(s)
? formulate the constraint set
? formulate the assumption set
before formulating the models.
Task 3: Construct the simple analytical model
Task 4: Analyse and solve the simple analytical model
Task 5: Critically evaluate the simple analytical model
Task 6: Construct the revised analytical model and solution
Decision Support for Management: Assignment
University of Sunderland, UK
Department of Computing, Engineering and Technology
3
Task 7: Critically evaluate the revised analytical model
Task 8: Construct the simulation model
Task 9: Critically evaluate the simulation model
Task 10: Produce a conclusion which briefly summarises the overall discussions.
Use references for cited works. Add appendixes if you wish to use diagrams, any further details to support your discussions/explanations.
There are a total of 100 possible marks in this assignment. Your work shall be graded for originality as well as for accuracy.
You are expected to hand in:
Report should be typed in English in Times New Roman font, 11 point. Excluding the appendixes, title page and list of references, the report should be between 4 and 6 sides of single spaced A4 text. Note: for any handins over 6 pages, only the first 6 pages will be assessed.
Your work should be submitted to TurnItIn via SunSpace System – before the deadline.
Marking Scheme
Marks
Formulation of the problems
8
Clear concise specific scenarios in relation to each problem and aim
10
Use of System Dynamics method. Formulation of assumptions, constraints and identification of key variables for the simple analytical model
10
Construction of the simple analytical model
8
Analysis and solution of the simple analytical model
8
Critical evaluation of the simple analytical model
8
Construction of the revised analytical model and solution
10
Critical evaluation of the revised analytical model and further recommendations
8
Formulation of assumptions, constraints and identification of key variables for the simulation model
9
Construction of the simulation model
10
Critical evaluation of the simulation model and further recommendations
6
Conclusion
5
Total:
100

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