368 The UMAP Journal 23.3(2002) Follow the instructions Clearly answer all parts List all assumptions that affect the model and justify your use of those Make sure that your conclusions and results are clearly stated In the summary, put the"bottom line and managerial recommendation results--not a chronological description of what you di Restate the problem in your word A CEO memorandum succinic Include"bottom line and managerial results"answers Do aclude methods d o ation Clarity and Style Use a clear style and do not ramble a table of contents is very helpful to the judges Pictures, tables, and graphs are helpful; but you must explain them Do not include a picture, table, or graph that is extraneous to your model Do not be verbose since judges have only limited time to read and Develop your model-do not just provide a laundry list of possible mod Start with a simple model and then refine it Computer Programs If a program is included, clearly define all parameters Always include an algorithm in the body of the paper for any code used If running a Monte Carlo simulation, be sure to run it enough times to have a statistically significant output . alidation Check your model against some known baseline Check sensitivity of parameters to your results Check to see if your recommendation/ conclusions make common sense368 The UMAP Journal 23.3 (2002) • Follow the instructions – Clearly answer all parts. – List all assumptions that affect the model and justify your use of those assumptions. – Make sure that your conclusions and results are clearly stated. – In the summary, put the “bottom line and managerial recommendation” results—not a chronological description of what you did. – Restate the problem in your words. • A CEO memorandum – Be succinct. – Include “bottom line and managerial results” answers. – Do not include methods used or equations. • Clarity and Style – Use a clear style and do not ramble. – A table of contents is very helpful to the judges. – Pictures, tables, and graphs are helpful; but you must explain them clearly. – Do not include a picture, table, or graph that is extraneous to your model or analysis. – Do not be verbose, since judges have only limited time to read and evaluate your paper. • The Model – Develop your model—do not just provide a laundry list of possible mod￾els. – Start with a simple model and then refine it. • Computer Programs – If a program is included, clearly define all parameters. – Always include an algorithm in the body of the paper for any code used. – If running a Monte Carlo simulation, be sure to run it enough times to have a statistically significant output. • Validation – Check your model against some known baseline. – Check sensitivity of parameters to your results. – Check to see if your recommendation/conclusions make common sense