Product details

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Supplementary software
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Reference no. UVA-QA-0657X
Published by: Darden Business Publishing
Published in: 2013
Format: .xlsx
Data source: Field research

Abstract

This software is to accompany the case. The manager of a paper plant must decide whether to buy a new electrode boiler to replace a natural gas boiler. The challenge is to cut through complexities such as uncertainty in boiler efficiency, energy prices, financing alternatives, and supplier/competitive relationships to arrive at a first-cut analysis and decision. While the case is rich with issues, a considered decision can made without using the sophisticated methods available to treat these complexities. The case is designed as an introductory class in which an agenda for a course in decision analysis/management science is established.

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Abstract

This software is to accompany the case. The manager of a paper plant must decide whether to buy a new electrode boiler to replace a natural gas boiler. The challenge is to cut through complexities such as uncertainty in boiler efficiency, energy prices, financing alternatives, and supplier/competitive relationships to arrive at a first-cut analysis and decision. While the case is rich with issues, a considered decision can made without using the sophisticated methods available to treat these complexities. The case is designed as an introductory class in which an agenda for a course in decision analysis/management science is established.

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