Either consciously or unconsciously

Assignment Help Operation Management
Reference no: EM13993586

Pick a decision you made recently that has had important consequences for you. It may be your decision about which college to attend, which major to select, whether to take a part-time job, or which part-time job to take. Using the material in this chapter, analyze how you made the decision.

Identify the criteria you used, either consciously or unconsciously, to guide your decision making.

List the alternatives you considered. Were they all possible alternatives? Did you unconsciously

How much information did you have about each alternative? Were you making the decision on the basis of complete or incomplete information?

Try to remember how you reached the decision. Did you sit down and consciously think through the implications of each alternative, or did you make the decision on the basis of intuition? Did you use any rule of thumb to help you make the decision?

Having answered the previous four questions, do you think in retrospect that you made a reasonable decision? What, if anything, might you do to improve your ability to make good decisions in the future?

Reference no: EM13993586

Questions Cloud

Wedding reception : A catering company prepared and served 335 meals at an anniversary celebration last week using seven workers. The week before, five workers prepared and served 240 meals at a wedding reception.
How many different keys do we have to generate : How many different keys do we have to generate such that every pair of nodes can communicate in a bi-directional secure way using classical cryptosystem?
Describe civil-military relations in his theory : How does Sun Tzu describe civil-military relations in his theory? In other words, what is the relationship between the general and the ruler in this theory? Are there specific benefits or potential dangers in such a relationship?
What is the wacc with retained earnings : If Dempere's after-tax cost of debt is 6%, what is the WACC with retained earnings? With new common equity?
Either consciously or unconsciously : Pick a decision you made recently that has had important consequences for you. It may be your decision about which college to attend, which major to select, whether to take a part-time job, or which part-time job to take. Identify the criteria you us..
Relationship provides to upper-level executives : "Executive Pay Some evidence suggests that there is a direct and positive relationship between a firm’s size and its top-level managers’ compensation. Explain what inducement you think that relationship provides to upper-level executives.
How the traditional roles of physicians within health care : For this assignment, you will research and provide examples of how the traditional roles of physicians within health care have evolved over the past 10 years
Design a class that keeps track of a student food purchases : Design a class that keeps track of a student's food purchases at the campus cafeteria. A meal card is assigned to an individual student. When a meal card is first issued, the balance is set to the number of points. If the student does not specify ..
What is probability that one customer is receiving a haircut : Marty’s Barber Shop has one barber. Customers have an arrival rate of 2.2 customers per hour, and haircuts are given with a service rate of 5 per hour. Use the Poisson arrivals and exponential service times model to answer the following questions: Wh..

Reviews

Write a Review

Operation Management Questions & Answers

  Handling employees

Here's an interesting perspective with regard to handling employees who resist change - Select a section that you most agree with and explain your reasoning.

  Define why distribution channels are affected

Give an example of one country where this situation has occurred. Explain how and why distribution channels are affected as they are when the stage of development of an economy improves.

  Purchased by both private and public organizations

Using examples that are purchased by both private and public organizations (like uniforms, trucks, and budget-tracking software), weigh the advantages and disadvantages of doing business with the federal government,

  Working environment in ford motor company

Write a 1300 words report about Working Environment in Ford Motor Company along with proper conclusion and references.

  Describe what your role would be in a network organization

Describe what your role would be in a network organization and the capabilities and roles of other firms you would want in your network.

  With the decrease in demand for bridge and tunnel crossings

higher unemployment caused by the recession and higher gasoline prices have contributed to a substantial reduction

  Critically examine the inter-links and relevance

Operations differ in terms of their volume, variety, variation and visibility (see Diagnostic Question). Critically examine the inter-links and relevance of these four Vs for the operations function of the organisation where you are currently, or ..

  Several types of audits

There are several types of audits described in this week’s chapter. Select one specific type of audit and discuss the following information: (external audit) Its purpose Who would typically conduct it When it would typically be performed What informa..

  Discuss how external environmental factors

Explain the four basic management functions of planning, organising, leading and controling. Discuss how external environmental factors can impact on managerial and organisational. Identify and explain contemporary management challenges.

  Find the minimum cost and purchase quantity

The cost of initiating purchasing action is Rs. 15.00 per purchase and the holding cost is 15% of average inventory valuation per period. Item cost is Rs. 8.00 per unit. Find the minimum cost and purchase quantity.

  What will be the argument of the plaintiffs

Wheels for Hire, a new and used car dealership, hired Sam Spade to perform various duties, such as cleaning and gassing vehicles, moving vehicles from one lot to another and maintaining the showroom and vehicle lots. In this position, Sam had access ..

  What are the major restrictions of trans-border data flow

What are the major restrictions of trans-border data flow for U.S. multinational corporations and how firms can deal with these restrictions? What are the major challenges of managing a global telecommunications network and how firms can effectively ..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd