Stochastic Modelling - Risk Analysis Assignment
- Country :
Australia
Assignment Two
Background This assignment is to be completed in groups of 2-3 members. The modelling work should be submitted online in the Assignment Folder as a single MS Excel file with the required information in clearly labelled separate worksheets. In addition, you are also required to submit a MS PowerPoint file that summarises your model and results. In summary, two files should be submitted – an Excel spreadsheet and a PowerPoint file.
The assignment has six sections:
1. Model description, conceptual model, and assumptions
2. Spreadsheet-based decision model
3. Scenario analysis report
4. Stochastic modelling including justification for the choice of distributions
5. Simulated distribution for each output and risk analysis report
6. Overall presentation.
The requirements of each section are detailed below. The breakdown of marks (total is 30) is given in the Assignment 2 Rubric at the end of this document.
The assignment must be submitted by the due date electronically in CloudDeakin. When submitting electronically, check that you have submitted the work correctly by following the instructions. Please note that we will NOT accept any assignment or part of the assignment submitted after the deadline or via Email.
