For this assignment you will frame a problem for the case study:
Metabical: Pricing, Packaging, and Demand Forecasting for a New Weight-Loss Drug. First, select a problem from this case study that could be addressed through an analytics approach. Next, frame the problem by creating a slide deck or written brief that could be shared with a colleague.
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Get Help Now!For guidance, reference chapter 2 of the Davenport & Kim text.
Note that you need to frame – not solve – the problem.
To complete this assignment, choose to create either a slide deck (5-slide minimum) or a written brief (3page minimum). The deck or brief should address the following:
- Define a clear problem or opportunity that addresses what is important to the Cambridge Sciences Pharmaceuticals (CSP) organization.
- Define key items or variables you want to study that are relevant to the problem.
- Identify stakeholders for the problem, including the role of the stakeholder who will make a specific decision based on analysis results once the problem is solved.
- Consider multiple alternative ways to solve the problem.
- Adopt an analytical story type to communicate the particular problem (pp. 29-40, Davenport & Kim).
- Describe previous findings or experiences related to this problem that occurred within the CSP organization or in real life organizations. For instance, tests or trials conducted on a potential solution would be important to describe. The goal for this step is to learn from similar situations as much as possible to inform your framing of the problem.
- Relevant information may be included in appendices.
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