This case demonstrates the assessment of risk attitude through a hands-on experiment. It invites the participant to measure his/her own risk tolerance using a computer tool, then use the output of the process to prescribe a decision, and critically discuss the results. The necessary computer files are attached.

ASSES software is available on demand.

This case demonstrates the assessment of risk attitude through a hands-on experiment. It invites the participant to measure his/her own risk tolerance using a computer tool, then use the output of the process to prescribe a decision, and critically discuss the results. The necessary computer files are attached.

ASSES software is available on demand.

A meat processing and distribution company has ailing logistics. Management seeks to rationalize production and shipping decisions, which must be made daily, to ensure optimal utilization of in-house capabilities as well as outsourcing opportunities. Based on the case information, a linear optimization model can be built to guide decision making.