Supply chain management and Decision analysis

Author: Albert

May 29th, 2022

Tips for the first work:

Q1 Incoterms:

P.S. calculate just costs, not risks. Insurance costs as well. Computing and analyzing different costs

Q2 Pareto

Pareto table will have a particular result. But what option to choose is up to you, based on analysis and explanation

What issues? Who is involved in this action? Cost and time for this activity, etc.

Q3 net working capital

Analyze in detail how does each aspect affect balance sheet and whether it influences NWC (current assets – current liabilities) or other important elements of balance sheet

Some tips and recommendations for the second work

https://sway.office.com/Cx0cxSuG5c1qUHrQ

Q1 class 5 table analysis 100 percent usage

Q2 class 6-7 uncertainty situation (3 alternatives and 3 cases) costs and benefits based on previous world cups. There are only approx estimation for 3 altenatives

Using also maximax maximin criteria etc.

Q3 class 7-8 probability of being more successful using decision tree to calculate percentages / maybe use FIFA ranking / past performance might be high, but current changes would be much worse /

Q4 class 10 what if Brazil would have different probability of winning World Cup, estimate and analyze it

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