1. Read Case 24 – George’s T-Shirts P.481-482.pdf, and then analyze the case with your own opinion and submit a 3 page paper.
2. You should have a cover sheet, approximately
of text, a reference page
(APA Style, 12 point Times New Roman font, double spaced, 1” margins)
3. There are some ideas worth considering as you analyze the case, you could use
some of them
A. Different Criteria of Making Decisions Under Uncertainty.
B. Expected Value.
C. How Does Risk Aversion.
D. Decision Trees.
E. EMV Knowing Attendance.
F. EMV Knowing Percent Purchase.
G. Expected Demand.
H. Insights Gained from Formal Analysis.
4. There are 3 sources needed, and one should be the text book.
5. Text Book is Case 24 – George’s T-Shirts P.481-482.pdf that I submitted for you. And the reference information is:
Bodily, S. E., Carraway, R.L., Frey, Jr., S.C. & Pfeifer, P.E. (1998). Quantitative business analysis: Text and cases. Boston: Irwin/McGraw-Hill.
6. Your mini-case study should limited to the following format: (make sure to use the heading!!!)
A. Cover Page
Executive Summary of the case – This is a paragraph about the facts in the case. Be brief, but be thorough. This should be in summary format.
a. Decision Problem – This should be a statement of the decision or decisions the case is asking you to make.
b. Decision Alternatives & Evaluation – This will walk us through your process. You may want to look for triggers that cause you to question your alternatives. Look for boxes you have created for yourself in the analysis process. You may want to discuss the various decisions or possible decisions you examined. You may want to state the result of the evaluation even if you reject the alternative when you come to a final conclusion.
D. Conclusions and Recommendation
This will be your final conclusion(s). You need to justify your recommendation and tell us why you decided as you did. If you have supporting charts and graphs and calculations, you should use this section to display them.
Among the above steps, the Evaluation of Alternatives will carry the most weight.
IMPORTANT: If you seek help or information from any other source, published or unpublished, you MUST cite your sources, neglecting to do so, constitutes academic dishonesty. The paper will be given a grade of “F” if any of the paper is plagiarized. Only American Psychological Association (APA) style documentation is acceptable.
Case Study Grading Rubric:
·Content (75%) : Does the paper logically and substantially address the decision problem? Appropriate and adequate analyses performed?
·Organization (5%): Does the paper contain a Cover page, Page numbers, Executive Summary, Body, Conclusion, and References?
·References (10%) Were 3 or more sources used? Are they correctly cited in the body of the paper and on the reference page in APA format?
·Word Usage (10%) Is the paper free of grammatical and spelling errors? Are appropriate terms and language used?