In this task, you need to write a report describing a decision problem that you believe could be addressed by using a Decision Analytics technique $($demonstrated between weeks $1-3)$ to improve the situation. A few guidelines can be$-$

Explain how you identified the problem and justify why you think you have identified it correctly.

Describe the background of the problem and the reason for its selection.

Describe the limitations and assumptions that may need to be considered.

You may also discuss the current practice and the existing difficulties.

You are advised to give the reasons for the chosen decision$-$making tool$/$technique$,$ the advantages & disadvantages, resources required, and the computational time required.

Analyse the results and provide sensitivity analysis, if any.

Describe your computational difficulties and experiences. You may also mention the things you wanted to do but could not do due to time or other constraints.

Ensure that the topic and$/$or associated material is not$/$cannot be security classified.

You are encouraged to add anything that you find relevant to the assignment. Notably, you need to solve your problem by using only one decision making tool$/$technique $($e$.$g$.,$ decision making under uncertainty tool, decision making under risk tool, MCDM approach$).$

A Few Decision Making Problems related to Quantitative Decision Analytics

A few possible examples of decision problems could be:

Considering an MCDM technique to provide recommendations on the most suitable renewable energy sources for investment;

Finding the most suitable renting property after considering a few relevant attributes and then solving that by using an MCDM technique;

Identifying the proper chatbots to replace a current job by using an MCDM technique;

Developing a Decision Tree to demonstrate sequential decision making under uncertainties;

Selecting a supplier under current COVID$-19$ prone business policy $($with uncertainties$)$;

deciding on the proper end$-$of$-$life vehicle$$s recycling facility in Sydney by applying MCDM technique or any other quantitative technique.

This is a non$-$exhaustive list and you must select your problem based on your professional experience, real$-$life contexts or literature search.