trident opm300 module 2 case and slp latest 2015

Module 2 - Case

DECISION TREES AND THE DELPHI PROCEDURE

Case Assignment

You are the head of the company IT department. In response to complaints from the Board, the CIO has instructed you to “do something” about the inventory control system. After much heated discussion, the two of you have decided that “doing something” boils down to a choice between two alternatives:

Alternative 1: Buy a new inventory control system, plus training, from a third party The total cost would be $10,000. After polling your experts (using a Delphi procedure), you’ve determined there are three plausible outcomes; “Great benefit,” “Some benefit,” and “No benefit,” defined as follows.

A “great benefit” would yield an increase in productivity of $15,000, but the likelihood of achieving it is only 40%. “Some benefit” would increase productivity by $10,000, and the likelihood of achieving it is 50%. “No benefit,” of course, means no increase in productivity at all.

Alternative 2: Buy refresher training aimed at increasing staff productivity using the existing inventory control system, at a cost of only $4,000. As before, there are three possible outcomes. “Great benefit” would be worth $8,000, but is only 40% likely. “Some benefit” would be worth $4,000, but is only 30% likely. And “No benefit,” of course, means just that.

Which alternative should you choose? Explain your decision process in detail.

Assignment Expectations

· Provide a table summarizing the factual data.

· Explain the computations used to obtain the numbers in the table.

· Present a decision tree. (This may be hand-drawn, but it must be completely legible.)

· Explain the results of your computations, and how they support your answer.

General Case Expectations

· Follow the instructions in the BSBA Writing Style Guide (July 2014 edition), available online athttps://mytlc.trident.edu/files/Writing-Guide_Trident_2014.pdf.

· There are no guidelines concerning length. Write what you need to write – neither more, nor less.

· Clearly demonstrate your understanding of both the theory covered in the Module, and the particulars of the Case.

· Provide references and citations. At a minimum, you should reference the course materials. These are referenced in APA format on the Background Info page.

Module 2 - SLP

DECISION TREES AND THE DELPHI PROCEDURE

Complete the second round of a three-round Delphi decision-making exercise, following the detailed example cited in the Home Page discussion. As before, you may copy and/or adapt verbiage from the example without citing it.

SLP Assignment Expectations

The SLP writeup should consist of:

· The Letters to the Participants, which include

o Thanks for their participation

o A summary of their first-round responses

o An invitation to submit the second round of responses, modified in light of what has been said so far.

· The second-round responses of the participants, edited to remove identifying information (such as email addresses).

SLP General Expectations

· Follow the instructions in the BSBA Writing Style Guide (July 2014 edition), available online athttps://mytlc.trident.edu/files/Writing-Guide_Trident_2014.pdf.

· There are no guidelines concerning length. Write what you need to write – neither more, nor less.

· In the SLP ONLY, references and citations are NOT required. However: If you state a fact, express an opinion, or use a turn of phrase that isn’t your own, then you should credit the source, just like you would in everyday conversation. (Example: “As Joan Rivers always used to say, ‘Oh, grow up!’ “)

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