February 4, 2011

W6_OKIEMUTE ODUDU_ WHERE TO SPEND MY NEXT VACATION

Problem Definition

I have had a hectic workload since the beginning of the year and I am seriously considering a nice location to spend my upcoming holiday. As a result, I am considering a location outside Nigeria for the first time, and the thought that quickly came to my mind is either Asia or USA, in additional, I may still going to a nice location I haven’t been to in Nigeria.

Alternative Locations for Vacation
1. Alternative1- A place I have not visited in Nigeria
2. Alternative 2- U.S.A
3. Alternative 3- Indonesia

Outcome of the Alternatives
Carrying detailed enquiry on each of the alternatives produces the given outcome for each destination

1. Alternative1- A place I have not visited in Nigeria.
I have been spending most of my holidays in Nigeria and as such, I am less thrilled spending the next one in the country. However, a new location in Nigeria would still be attractive, and the following are some of the realities in Nigeria.
- cheap vacation cost, since I am resident in Nigeria
- few places of interest
- My boss might easily reach me for work related issues.

2. Alternative 2- U.S.A
-expensive transportation
- most travelling agencies are offering a range of $3,200 - $4,000 for a 2-week all expense holiday in the U.S.A
- cheap hotels and meals
- numerous choice places of interest
- gain new experience: I have never been to the U.S once
- meet diverse people

3. Alternative 3- Indonesia
- cheaper hotels
- most travelling agencies are offering a range of $3,000 - $3,500 for a 2-week all expense holiday in Indonesia
- choice places of interest
- less places of interest
- less fun and excitement because Indonesia society is about the same as Nigeria in terms of corruption
- opportunity to meet diverse people e.g. Dr Paul .D. Giammalvo of AACE

Selection Criteria
I. cost of vacation should not be too expensive. Must be less than $4,500
II. availability of choice places of interest
III. new experience (first time experience)
IV. meet diverse people and culture

Analysis of Alternatives
Below is the analysis for each alternative based on the above selection criteria.
- Nigeria offers no new experience for me.
- Though it would be a first time experience visiting either the U.S or Indonesia, America would offer much fun and excitement
- The cost difference between the destination offered for U.S.A and Indonesia is quite small, making the U.S.A to have more value for money
- Visiting Indonesia would offer me the opportunity of meeting Dr. Paul Giammalvo, while I may have a chance of stumbling onto President Obama

Preferred Alternative
The result of the above analysis shows the U.S.A as the preferred destination for my plan vacation. Though the difference in cost between the U.S.A and Indonesia is small, U.S.A would provide more satisfaction.

Performance Monitoring
I would engage the services of only reputable travel and holiday agency for my trip.

References
1. Motherland Attraction – Tourist Attractions (www.motherlandnigeria.com)
2. Tourism Indonesia (tourismindonesia.com)
3. Travel Destinations- USA Travel and Tourism Guide (www.usatourist.com)

2 comments:

  1. Ohhhhhhh...... Okiemutu...... Such a wonderful opportunity to apply any of the multiattribute decision making tools and you missed it......

    The GOOD news is you set the problem up almost perfectly, using the "7 Step Process"..... But the BAD NEWS is you didn't use ANY of the tools/techniques from either Memory Jogger II or Engineering Economy, 14th Edition (Chapters 5, 6, 12 and ESPECIALLY, Chapter 14)

    Sorry, but I am going to have to REJECT this posting and ask that you post a REVISION W6.1, but this time, follow the same 7 step process, but I will be looking to see you use at least 2 or 3 tools from Memory Jogger II and/or Engineering Economy to SUPPORT your decision using either qualitative or quantitative methods. Suggest you look to Lanre or Biola or SeeGod as mentors. They understand very well what I am looking for and they can help you structure this in a way that is acceptable.

    Bottom line- while you are definitely heading in the right direction, you still have a way to go before you understand what I am looking for and can produce a professional assessment.

    BR,
    Dr. PDG, Jakarta

    ReplyDelete
  2. Okiemute,
    You can pass by my house and have the EE for some hours

    ReplyDelete