You are to take on the role of Sue McCaskey. Address your brief to Dan Block and

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Question:

You are to take on the role of Sue McCaskey. Address your brief to Dan Block and Ed Spriggs.

1. Download the 5-Step Critical-Thinking Decision-Making Model. (attached)

a. Complete Step 1: Identify the problem(s) and uncertainties based on the assigned problem.

b. Complete Step 2: Obtain Information addressing the problem(s) from Step 1 and the following:

i. Prepare a detailed report on managing the inventory of the CF151 ceiling fan.

ii. Prepare a detailed report on managing the inventory of the PF032 personal fan.

iii. Present a proper inventory system and recognize all relevant costs.

iv. By how much do your recommendations for these two items reduce annual cycle inventory, stockout, and ordering costs?

c. Complete Step 3: Make predictions about the future on the matrix.

d. Complete Step 4: Make decisions by choosing among the alternatives on the matrix.

2. In MBA Business Brief format, write a one-page analysis incorporating the following:

a. Business Brief header - The first half of opening paragraph is to provide a synopsis of the company. The second half of the opening paragraph is state the problem (From Step 1 of the model).

b. Analysis header – The analytical section should be based on your personal assessment of the information you obtained from Steps 2 and 3 of the model. Provide only key relevant information and logical discussion in support of your findings.

c. Conclusion header - This section should state your recommendation based on your analysis of the case information and situation outcome. (From Step 4 of the model). Your recommendation should be supported by your analysis section.