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MIS775 Decision Modelling For Business Analytics

tag 0 Download 6 Pages / 1,483 Words tag 25-11-2020
  • Course Code: MIS775
  • University: Deakin University
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  • Country: Australia

Question:

 Conceptual model is inappropriate is or not clearly outlined A vague conceptual model is represented which does not 
reflect clearly on the conceptual model, which contains several modelling errors. An appropriate conceptual model 
is presented and the decision inputs are identified. Relationships are mostly correctly defined. A clear presentation of 
conceptual model is presented and the decision inputs are identified. Relationships are mostly correctly defined. 

A very clear presentation of conceptual model provided. All decision inputs are modelled correctly in a clear way. A very clear presentation of conceptual model provided. All decision inputs are modelled correctly in a clear and innovative fashion Spreadsheet?based decision model Decision model is inappropriate is or not clearly outlined
Few decision inputs are identified and briefly described. There are clear errors and omissions. 

Main decision inputs are  produced to identify their relationships. There are a few errors and omissions. Main decision inputs are produced to identify their relationships. All decision inputs are modelled correctly in a clear way. A very clear presentation of decision model provided. All decision inputs are modelled correctly in a clear and innovative fashion which provides end users with an interactive interface which is easy to use. Scenario and sensitivity analysis reports are not included or is inappropriate Some of the possible scenarios and sensitivity analyses are considered and are presented, but not clearly. 

Most of the important scenarios and important inputs are considered for the analysis. Most of the important scenarios 
and inputs are considered for the analysis and elaboration on them is presented clearly. 6 points All of the main scenarios and inputs are considered and they are justified in a clear way, and are presented in a compelling fashion. 

All scenarios and inputs are considered and they are fully justified in a clear way, and are presented in a compelling fashion. Stochastic model including choice of distributions Stochastic modelling is not included or is inappropriate 
Stochastic modelling is poorly implemented and analysed. Some effective stochastically modelling is used with poor 
choice of distributions. Some effective stochastically modelling is used with some elaboration on them. 
Stochastically modelling is used effectively; choice of distributions is justified. 
 
Stochastically modelling is used effectively; choice of distributions is fully justified.Simulated outputand risk analysis is 
not included or is inappropriate Unclear simulation outputs are presented. Unclear analysis of effect of input risks. 
Some analysis of simulation output are presented. It considers some relevant stochastic decision inputs and discusses to some effect the effect on output Reasonable analysis of simulation outputs is presented. It considers some of 
the main stochastic decision inputs and discusses risk on output Clear and Reasonable analysis of simulation output is provided with a comprehensive consideration of the main stochastic decision inputs, some discussion of the effect on output Clear and comprehensive analysis of simulation output is provided with comprehensive consideration of the 
main stochastic decision inputs, discussion of the effect on output. 
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Total 6 pages

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My Assignment Help. (2020). Decision Modelling For Business Analytics. Retrieved from https://myassignmenthelp.com/free-samples/mis775-decision-modelling-for-business-analytics/stochastic-decision.html.

My Assignment Help (2020) Decision Modelling For Business Analytics [Online]. Available from: https://myassignmenthelp.com/free-samples/mis775-decision-modelling-for-business-analytics/stochastic-decision.html
[Accessed 18 August 2022].

My Assignment Help. 'Decision Modelling For Business Analytics' (My Assignment Help, 2020) <https://myassignmenthelp.com/free-samples/mis775-decision-modelling-for-business-analytics/stochastic-decision.html> accessed 18 August 2022.

My Assignment Help. Decision Modelling For Business Analytics [Internet]. My Assignment Help. 2020 [cited 18 August 2022]. Available from: https://myassignmenthelp.com/free-samples/mis775-decision-modelling-for-business-analytics/stochastic-decision.html.


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