BU MET AD715: Quantitative and Qualitative Decision-Making © 2012 Professor Vladimir Zlatev Tutorial for AD715: Decision Analysis with MS Excel add-in 1 Tutorial for AD715: Decision Analysis with MS Excel Add-Ins
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BU MET AD715: Quantitative and Qualitative Decision-Making
© 2012 Professor Vladimir Zlatev
Tutorial for AD715: Decision Analysis with MS Excel add-in 1
Tutorial for AD715: Decision Analysis with MS Excel Add-Ins
BU MET AD715: Quantitative and Qualitative Decision-Making
Tutorial for AD715: Decision Analysis with MS Excel add-in 2
Tutorials for the Section of the Course ‘DECISION ANALYSIS AND DECISION SUPPORT IN BUSINESS’: • Tutorial for AD715: Decision Analysis with MS Excel Add-Ins • Tutorial for AD715: Decision Trees in TreePlan • Tutorial for AD715: Sensitivity Analysis in SensIt
• Tutorial for AD715: Business Simulation with MS Excel
OUTLINE
3 Tutorial for AD715: Decision Analysis with MS Excel add-in
Decision Analysis With MS Excel Add-Ins: An Overview
Working with the Virtual PCs
Remote Access to the Virtual Labs
Structure of the Folder AD715
Excel Add-Ins (TreePlan, SensIt, RiskSim)
Applying Decision Support Tools in AD715 – An Overview
4 Tutorial for AD715: Decision Analysis with MS Excel add-in
Applying Decision Support Tools in AD715 – An Overview
WEEK 1 WEEK 2 WEEK 3 WEEK 4 WEEK 5 WEEK 6
FOUNDATIONS
OF
MANAGERIAL
DECISION
MAKING (MDM)
L-1:
Foundations
of MDM
L-2:
Inter-
disciplinary
Aspects of
MDM–part I
L-3:
Inter-
disciplinary
Aspects of
MDM–part II
L-4:
Foundations
of Strategic
MDM
DECISION
ANALYSIS
&
DECISION
SUPPORT IN
BUSINESS
L-5:
Decision
Analysis
L-6:
MIS and
Decision
Support in
Business
APPLICATIONS
OF
MANAGERIAL
DECISION
MAKING
L-7:
Marketing
Management
and DM
L-8:
Innovation
Management
and DM
L-9:
Operations
Management
and DM
L-10:
Financial
Management
and DM
L-11:
Performance
Management
And DM
L-12:
Managers of
21st Century
and MDM
5 Tutorial for AD715: Decision Analysis with MS Excel add-in
Applying Decision Support Tools in AD715 – An Overview
STRATEGIC MANAGEMENT PROCESS
6 Tutorial for AD715: Decision Analysis with MS Excel add-in
Applying Decision Support Tools in AD715 – An Overview
STRATEGIC MANAGEMENT PROCESS
PESTEL Analysis
SWOT Analysis
Decision Trees Analysis
Sensitivity Analysis
Product/Technology Matrix
SWOT Analysis Diagram
Balanced Scorecards
Dashboards
Break-Even Point Analysis
Risk Analysis
ROI Analysis
Project Mgmt Diagrams
Predictive Analytics
Goal-Seeking Analysis
DECISION SUPPORT TOOLS
7 Tutorial for AD715: Decision Analysis with MS Excel add-in
STRATEGIC MANAGEMENT
PROCESS
BUSINESS
SIMULATION Tutorial for AD715: Business Simulation with MS Excel
8
Applying Decision Support Tools in AD715
Business Simulation ‘Strategies and Decision Support in Organizations’ – An Outline
Tutorial for AD715: Decision Trees in TreePlan
Applying Decision Support Tools in AD715 – An Overview
Excel Add-Ins
9
Process Diagram of the Business Simulation ‘Strategies and Decision Support in Organizations’ Decision Support Tools Possible Application Areas
Tutorial for AD715: Decision Trees in TreePlan
Applying Decision Support Tools in AD715 – An Overview
Decision Analysis With Excel Add-Ins: Decision Trees Sensitivity Analysis Risk Analysis (Monte Carlo Simulation)
SensIt
TreePlan
RiskSim
Decision Analysis With MS Excel Add-Ins: An Overview
Microsoft Office 2010 Family:
Add-Ins
Tutorial for AD715: Decision Analysis with MS Excel add-in 10
11 Tutorial for AD715: Decision Analysis with MS Excel add-in
Working with the Virtual PCs Remote Access to the Virtual Labs
Step 1: Go To Vista AD715 course site and open Remote Access to Virtual Labs
TreePlan, SensIt, and RiskSim are licensed to Boston University and are installed on virtual computers
Virtual computers are structured in different Virtual Labs – one per group of fifteen
students. Each Virtual Lab:
1. Is remotely accessible
2. Can accommodate up to 15 concurrent connections 3. Has the software needed for our class - installed and available for all users with BU
login name and password 4. Has a shared folder “AD715” with course documents available for all students to
read and download How to work with the Virtual Labs is described here as a four-step-process:
Step 2: Synchronize your BU user name and password and follow the instructions
Step 3: Virtual PC – Main Screen
Step 4: Review the structure of the Folder AD715
12 Tutorial for AD715: Decision Analysis with MS Excel add-in
Working with the Virtual PCs Remote Access to the Virtual Labs
Step 1: Go To Vista AD715 course site and open Remote Access to Virtual Labs
13 Tutorial for AD715: Decision Analysis with MS Excel add-in
Step 2: Synchronize your BU user name and password and follow the instructions
Working with the Virtual PCs Remote Access to the Virtual Labs
14 Tutorial for AD715: Decision Analysis with MS Excel add-in
Excel Add-Ins
Step 3: Virtual PC – Main Screen
Folder AD715
Working with the Virtual PCs Remote Access to the Virtual Labs
15 Tutorial for AD715: Decision Analysis with MS Excel add-in
Excel Add-Ins
Folder AD715
Working with the Virtual PCs Remote Access to the Virtual Labs
Step 4: Review the structure of the Folder AD715
16 Tutorial for AD715: Decision Analysis with MS Excel add-in
Excel Add-Ins
Working with the Virtual PCs Excel Add-Ins (TreePlan, SensIt, RiskSim)
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