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Assignment Details: 200-400 word response
This DB has three parts.
When making a decision it is human nature to make assumptions. Understanding the assumptions along with the consequences should those assumptions be incorrect is important.
A best practice when making a decision is to make a list of any assumptions that exist.
Discuss a decision you have made in the past in your professional life that was based on assumptions that proved to be incorrect.
What were the consequences and how did you handle the resulting situation?
There are many different decision making models available such as: the rational model; the seven step model; and the Carnegie model to name a few. What are the pros and cons of managers using decision making models?
What factors should be taken into consideration when collecting data for a strategic decision?
In your own words, please post a response to the Discussion Board and comment on other postings. You will be graded on the quality of your postings.
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An analysis of the holding costs, including the appropriate annual holding cost rate.
Briefly explain Evolution and contributor of Operations management.
A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..
Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.
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Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.
Ccompare the effectiveness of different leadership styles in different organizations
Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.
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