Explain the autonomous decision-making process

Assignment Help Business Management

Reference no: EM133829645

Homework: Spreadsheet Decision Modeling

Learning Outcomes

I. Find some structured ways of dealing with complex managerial decision problems.

II. Explain simple decision models and management science ideas that provide powerful and (often surprising) qualitative insight about large spectrum of managerial problems.

III. Demonstrate the tools for deciding when and which decision models to use for specific problems.

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

Title: "Modeling Autonomous Decision-Making on Energy and Environmental Management Using Petri-Net: Case Study".
Author: NikenPrilandita, Benjamin McLellan, Tetsuo Tezuka.

Task

Read the above case study and answer the following Questions:

Question I: Explain the autonomous decision-making process, its advantages and disadvantages (250 to 300 words).

Question II: Discuss the Centralized and De-centralized Decision-Making Approaches with suitable examples (250 to 300 words).

Question III: Explain the various stages of Decision-Making Cycle based on this case study (250 to 300 words).

Question IV: Why are the most decisions made on energy and environmental management known as the decisions of community interest. (250 to 300 words).

Reference no: EM133829645

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