How intuition be combined with a rational decision approach

Assignment Help Operation Management
Reference no: EM13231744

Do you think that intuition is a valid approach to making decisions in an organization? Why or why not? How might intuition be combined with a rational decision approach?

Reference no: EM13231744

Questions Cloud

How information systems affect business careers : how information systems help to solve business problems; how information systems support major business functions, and how information systems affect business careers.
How human capital differ from global organizational goals : Why do global human capital goals differ from global organizational goals and how can global human capital goals be strategically aligned with the global organizational goals?
What is the annual holding cost : Your company manufactures turbine blades for engines in production batches for each type. For one type of blade, the A39T, you have an annual demand of 10,000 units. It costs you $1000 and takes four days to set up each manufacturing run.
State the reactions and explain : When an alkyne, such as but-2-yne, is subjected to D2 and palladium, 2 equivalents of D2 are added. When an alkene, such as cis-but-2-ene, is subjected to these conditions, only 1 equivalent of D2 is added. When an alkane, such as butane is subjec..
How intuition be combined with a rational decision approach : Do you think that intuition is a valid approach to making decisions in an organization? Why or why not? How might intuition be combined with a rational decision approach?
Find what is the opportunity cost of an increase in income : (a) Calculate the opportunity cost of an increase in the number of hours spent studying in order to earn a 3.0 grade point average(GPA) rather than a 2.0 GPA. (b) Is the opportunity cost the same for a move from a 0.0 GPA to a 1.0 GPA as it is for ..
Determine the assignment of teams to jobs : An aircraft repair facility currently has four jobs awaiting work. Four teams of mechanics are available. Each team can work on only one of the jobs. Over a period of several months the manager has evaluated the repair teams in a variety of jobs.
Compute the acidity constant : Using the concentration of CH3COOH (0.8326M) and the equilibrium concentration of H3O+ (OJ = 31.6x10^-6 and milk = 3.16x10^-8), complete the reaction table for vinegar. Then calculate the acidity constant. Please show all work in solving the probl..
How to produce linear combination of chickens and potatoes : Suppose that two people, Michelle and James each live alone in an isolated region. They each have the same resources available, and they grow potatoes and raise chickens. If Michelle devotes all her resources to growing potatoes

Reviews

Write a Review

Operation Management Questions & Answers

  What is the labor productivity for each contract

The Army contract was for 7,500 devices that were produced by 40 workers in three weeks. What is the labor productivity for each contract?

  Draw a markov chain that is irreducible

How do you draw a markov chain that is irreducible with a period equal to 3?

  What constraints added to two resulting lp problems

A company will be able to obtain a quantity discount on component parts for its three products, X1, X2 and X3 if it produces beyond certain limits.

  Illustrate what is the total of the annual ordering price

Given the present policy of ordering 50 units at a time, illustrate what is the total of the annual ordering price also the annual holding price.

  Promotion of eduss acquisition of the institution

Draw conclusions about the material you have presented. The opinions or judgments you present should be supported by your research - information related to the marketing and promotion of the acquisition by EDUS and provide an assessment.

  What is utilization of pharma devs development facilities

What is the utilization of Pharma Dev's development facilities and how long does it take for the average technology from filing a patent to the start of the development process?

  Create a win-win situation by sharing

Create a win-win situation by sharing rather than competing between entities

  Formal company e-mails to employees

Acting as supervisor for a company of your choice, draft two examples of formal company e-mails to employees.

  Illustrate what should johnson estimate time

Johnson was asked to bid on a follow-on contract for another dozen receiver/transmitter units. Ignoring any forgetting factor effects, illustrate what should Johnson estimate time also parts costs to be for the dozen units.

  While the nation as a whole may gain from free trade

While the nation as a whole may gain from free trade, and isolationist policies have proven to be non-profitable, certain regions, industries, firms

  Improving change planning

As a manager you will be asked to lead change efforts in your organization. Change management intensifies the need to understand a range of factors, especially diversity of people which takes into account But a global economy a range of interests.

  Explain how that organization maintains competitive pros

Explain how that organization maintains or attempts to maintain competitive pros. Illustrate what do they do well. Illustrate what improvements could they make? Support your answer.

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