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Decision Making Models


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Competency 309.3.1: Decision Making Models – The graduate uses optimizing models and other models as aids for making more
informed decisions.
Introduction:
For this task, you will review the attached “QAT1 Task 3 Spreadsheet” and, using the instructions given in parts A–C,
provide a brief response.
Requirements:
A. Determine the order size for Company A in the scenario found in the attached “QAT1 Task 3 Spreadsheet” that would
minimize total annual cost by using the economic order quantity model, showing all of your work.
1. Identify what Company A should do with the information determined in part A.
B. Determine the lot size for Company B in the scenario found in the attached “QAT1 Task 3 Spreadsheet” that would
minimize total annual cost by using the economic production lot size model, showing all of your work.
1. Identify what Company B should do with the information determined in part B.
C. When you use sources, include all in-text citations and references in APA format.
Note: To reduce unnecessary matches, select ignore “small matches <20 words” and “bibliography.”
Note: For definitions of terms commonly used in the rubric, see the Rubric Terms web link included in the Evaluation
Procedures section.
Note: When using sources to support ideas and elements in an assessment, the submission MUST include APA formatted
in-text citations with a corresponding reference list for any direct quotes or paraphrasing. It is not necessary to list
sources that were consulted if they have not been quoted or paraphrased in the text of the assessment.
Note: No more than a combined total of 30% of a submission can be directly quoted or closely paraphrased from outside
sources, even if cited correctly. For tips on using APA style, please refer to the APA Handout web link included in the
APA Guidelines section.
File Attachments:
Evaluation Method:
QAT Task 3 (1014)
Export to Word link opens in new window
value: 0.00 value: 1.00 value: 2.00 Score/Level
Articulation of Response (clarity, organization, mechanics)
The candidate provides unsatisfactory articulation of response.
The candidate provides weak articulation of response.
The candidate provides adequate articulation of response.
A. Order Size for Company A
The candidate does not accurately determine the order size for Company A in the scenario found in the attached “QAT1 Task
3 Spreadsheet” that would minimize total annual cost by using the economic order quantity model.
The candidate accurately determines, with insufficient support, the order size for Company A in the scenario found in the
attached “QAT1 Task 3 Spreadsheet” that would minimize total annual cost by using the economic order quantity model.
The candidate accurately determines, with sufficient support, the order size for Company A in the scenario found in the
attached “QAT1 Task 3 Spreadsheet” that would minimize total annual cost by using the economic order quantity model.
A1. What Company A Should Do
The candidate does not appropriately identify what Company A should do with the information determined in part A.
Not applicable.
The candidate appropriately identifies what Company A should do with the information determined in part A.
B. Lot Size for Company B
The candidate does not accurately determine the lot size for Company B in the scenario found in the attached “QAT1 Task 3
Spreadsheet” that would minimize total annual cost by using the economic production lot size model.
The candidate accurately determines, with insufficient support, the lot size for Company B in the scenario found in the
attached “QAT1 Task 3 Spreadsheet” that would minimize total annual cost by using the economic production lot size model.
The candidate accurately determines, with sufficient support, the lot size for Company B in the scenario found in the
attached “QAT1 Task 3 Spreadsheet” that would minimize total annual cost by using the economic production lot size model.
B1. What Company B Should Do
The candidate does not appropriately identify what Company B should do with the information determined in part B.
Not applicable.
The candidate appropriately identifies what Company B should do with the information determined in part B.
C. Sources
When the candidate uses sources, the candidate does not provide in-text citations and references.
When the candidate uses sources, the candidate provides appropriate in-text citations and references with major
deviations from APA style.
When the candidate uses sources, the candidate provides appropriate in-text citations and references accurately or with
only minor deviations from APA style.
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