Multi Criteria Decision Making
Course Learning Outcomes-Covered
Course Learning Outcomes (CLOs)
Find some structured ways of dealing with complex managerial decision problems.
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.
Build an understanding of the kind of problems that is tackled using Spreadsheet Modeling and decision analysis.
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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