Assignment#4_ADM2302__F17.pdf - Business Analytics ADM2302(Sections A to E Assignment#4 Fall 2017 ADM2302 Assignment#4 Decision Analysis Instructions 1

Assignment#4_ADM2302__F17.pdf - Business Analytics...

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Business Analytics: Assignment#4 Fall 2017 ADM2302 (Sections A to E) Telfer School of Management University of Ottawa 1 ADM2302: Assignment#4 Decision Analysis Instructions: 1. This is a Group Assignment. The Integrity Statement must be signed by all the members of the group and attached to your final submission on Sunday, December 3 before 23:30 hrs. 2. Both the Questions should be treated as two distinct Cases and answered accordingly. 3. This implies you must present your work the way you present a typical Case: i. Plan (Brief Introduction), ii. Do (Calculations based on appropriate methodology used) and iii. Report in accepted format (Managerial report). Question#1: 30 marks(Decision making under Uncertainty) A large distributor of food related items is considering setting up a new distribution centre. Based on its previous experience, it had the following information. Payoffq per month in $000 (thousand) Decision Alternative for Distribution Center LD: Low Demand MD: Medium Demand HD: High Demand Small Centre: S 25 40 40
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