Mgmt 530 Conference Decision Week 1 Case Analysis

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MGMT530 – Conference Decision Week 1 Case Analysis Template 1) Define the decision problem? As indicated by the scenario it seems that the decision problem is a matter if the accounting systems annual conference that is previously scheduled to occur on September 13-16,2005 should be canceled, due to the fact Hurricane Katrina has occurred and demolished building and homes leaving them in ruin in the city of New Orleans, Louisiana. The primary issue thus becomes does the board or committee moves the conference to a future date or have conference at another location that would thus incur higher costs for hotel for patrons of the conference in addition to it would be a price increase for flights that were already scheduled to New…show more content…
This conference seems to be the pinnacle point for participants to a) network/connect with current customers in addition to establishing new ones b) the distribution of new product concepts/designs that are promising for the future of that industry. If the final solution to this problem into being to move the conference to another date, there is a possibility that managers will have difficulties scheduling the speakers that were originally lined up. In addition to another time for participants to reschedule flights at economical rate and be with to use there are paid money towards another hotel location. 6) Describe the dependencies on other decisions? The decision to hold the conference depends on certain other decisions. The management has worked with the Local Convention & Visitor’s Bureau and the hotel for the conference and wants to help them recover the destruction. The management may want to hold the conference in the same city at some future date in order to provide an opportunity to overcome the destruction by holding the conference. The decision will also be influenced by the cost of holding the conference and the willingness of the attendees to attend the conference if the management plans to hold the conference in a different city. The decision with respect to date will also affect the holding of the conference in the same city or a different city. The management may plan the

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