Title Alfa pineapple : an entrepreneur's dilemma / Josemon George (T A Pai Management Institute, Manipal, India), Amol S. Dhaigude (Department of Operations and Decision Science, T A Pai Management Institute, Manipal Academy of Higher Education, Manipal, India), and Sidhartha S. Padhi (Quantitative Methods and Operations Management, Indian Institute of Management Kozhikode, Kozhikode, India)

Published Bingley, U.K. : Emerald Publishing Limited, 2022 ©2022

Click on the following:
Emerald Emerging Markets

Copies

Description 1 online resource (24 pages) Series Emerald emerging markets case studies Notes Learning outcomes: The case depicts an opportunity for students to be exposed to the decision theory concept. The study aims to encourage them to use the data given in the case and exhibits to explore as follows: decision-making under uncertainty; decision-making under risk; compare and contrast uncertainty and risk; and evaluate the value of perfect information EVPI and understand its application in decision-making Case overview/synopsis: Vikas Teerth, a budding entrepreneur, wanted to venture out into the pineapple business. He had three land plots available, but he would like to take up a single plot after analyzing the possible returns factoring the volatile prices and other impending constraints. He wanted to use the decision-making approaches with the aid of probability to arrive at the best decision. This case helps the instructors to introduce the concept of decision-making under risk and under uncertainty which comes under the preview of decision theory. Students can use the data given in the case and exhibits to do the necessary calculations required and thereby get an insight into the process of calculated decision-making Complexity academic level: This case can teach decision theory in undergraduate-level and graduate-level courses in operations research, decision-making and industrial engineering. It can also be used to discuss issues and challenges faced in start-ups or SME entrepreneurship Supplementary materials: Teaching notes are available for educators only Subject code: CSS 7: Management Science Bibliography Includes bibliographical references and index Notes Print version record Subject Decision making -- Case studies Entrepreneurship -- Case studies Business & Economics -- Decision-Making & Problem Solving. Management decision making. Form Electronic book Author Dhaigude, Amol S., author Padhi, Sidhartha S., author

  Permalink