- Build decision models for the 18-hole international standard Cunningham Gudgal Golf Resort with a standard clubhouse, the original shareholders’ exclusive clubhouse, and the three options for the exclusive clubhouse (5 decision models).
- Write a 1500-word business report (proposal) to Oscar Cunningham, the CEO of CHL Hospitality outlining your analysis of your decision models and recommendations. Oscar Cunningham will then present your report in the upcoming Board meeting.
In helping you to prepare the business report, you MUST do the following to provide evidence to support your proposal:
Part 1: Action Plan (30%) In the action plan you have to describe the process you will undertake to transform the business problem into a set of mathematical equations using the four steps approach. 1. Identify the decision variables – the unknown values that the model seeks to determine. 2. Identify the objective function – the quantity to be minimized or maximized. 3. Identify all appropriate constraints – limitations, requirements, or other restrictions that are imposed on any solution, either from practical or technological considerations or by management policy. 4. Write the objective function and constraints as mathematical expressions.
Part 2: Spreadsheet Model Implementation (30%) Here, it includes the Excel and Solver implementation of your five (5) models. 1. Standard clubhouse model (management plan) 2. Exclusive clubhouse model (shareholder’s request) 3. Three (3) options of the exclusive clubhouse model. Clearly state what have changed in each of the option from the original exclusive clubhouse model.
Part 3: Business Report & Communication (40%) In the business report, first provide a description of the implementation of your five decision models (the management’s standard clubhouse, the original shareholders’ exclusive clubhouse and the three options for the exclusive clubhouse.
Provide an analysis of the four feasible models (the standard and the three options of the exclusive clubhouse) on their holes configuration, total enjoyment index, total land used and the total construction cost. Discuss the implication on four feasible models whether they meet shareholders’ original exclusive clubhouse requirement.
Make a recommendation to Oscar your proposal model. In doing so you can rank your four feasible models based on international golfing requirement and whether meeting shareholders’ requirement. Justify your recommendation.
Sample Solution
al. (2008) confirm that the effects of poverty-related stress are extensive, can be damaging to the physical and psychological well-being of children and adolescents, and contribute to substance use. Young people who must wonder when or if their caregiver is going to be able to afford dinner that night or if they are going to be able to walk in to a warm house in the winter are faced with challenges others cannot even imagine. This particular idea makes it understandable as to why young teen girl who have poverty related stress may take part in drug/alcohol use. Lack of financial stability risk factors include low parental education, the number of parents in the home and other influences (Wallace & Muroff, 2002). According to Guthrie et al., (2002), participants in a study involving African American teenage females, primarily lived in female single-headed families, and perceived themselves as middle class. Their social class however was suggested to be lower, as 37.1% of these individuals have admitted to having access to some form of public assistance (Guthrie et al., 2002). Young women who come from single parent households are at greater risk to try or use substances. This may be due to lack of supervision, as mentioned by Hemovich, Lac & Crano, (2011) who state that youth from dual-parent households were least likely to use drugs and were monitored more closely than single-parent youth. But, this may also be due to the lack of income, which they may then be held accountable for contributing to. This places a lot of responsibility and pressure onto the female, which can lead them to substance use as a sense of relief to their otherwise overwhelming and hectic lifestyle. The consequences of using these substances go further than just the immediate risks of overdose or having a bad high. For instance, teenagers who are 15 or younger are four times more likely than later-onset peers to experience future dependency problems (Hemovich, Lac & Crano, 2011). This fact is strengthened by Cheadle & Whitbeck (2011), and they also add that early use dramatically increases the risk of developing an addiction later on in life (Cheadle & Whitbeck, 2011). When thinking about what social workers can do and how to fix the problem, Bacchi’s (2012) idea of “What’s the problem represented to be?” (WPR) could hold some influence. The focus of WPR is to understand policy better than those individuals who make policy (Bacchi, 2012). It understands that people live their lives in certain ways due to the shaping impact of proposals that create an understanding of problems (Bacchi, 2012). There is an interruption to the belief that problems are fixed and uncontroversial starting points for policy development (Bacchi>
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