Explain different types of decisions, Operation Management

Assignment Help:

Explain Different types of Decisions.

Different types of Decisions: Decisions may be of various types. Several of the significant types of managerial decisions are explained here:-

(i) Programmed and Non-Programmed decisions  

(ii) Major and Minor Decisions

(iii) Routine and Strategic Decisions

(iv) Organizational and Personal decisions

(v) Individual and Group decisions

(vi) Policy and Operative decisions

(vii) Long-term, Departmental and Non-Economic decisions  

(viii) Non-economic decisions concern to factors such as technical values and moral behaviours.


Related Discussions:- Explain different types of decisions

Explain manager of a production department, Suppose that you are the manage...

Suppose that you are the manager of a production department that uses 400 boxes of rivets per year. The supplier quotes you a price of $8.50 per box for an order size of 199 boxes

Explain terminals and arrive at a message concentrator, Messages are transm...

Messages are transmitted from low speed terminals and arrive at a message concentrator at a Poisson rate of 600/hr. They are held in a buffer until a hi-speed trunk line is free to

Explain strategic marketing and marketing management, The major differences...

The major differences between strategic marketing and marketing management are A) The leadership style and mission B) The products manufactured C) The type of advertising

Explain environmentally safe goods and why, Imagine you are a new product t...

Imagine you are a new product that sells for $1.25 an is environmentally safe. Would you spend thousands of dollars for Green Seal on your impulse product if ambivalent toward such

Material Requirements planning, Material Requirements planning is more than...

Material Requirements planning is more than Inventory system "discuss

Simplex method , Q3. Solve the following Linear Programming Problem using S...

Q3. Solve the following Linear Programming Problem using Simple method. Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 4 X1+ X2 2 X1, X2 0

Compute demand for a product, Historical demand for a product is:January DE...

Historical demand for a product is:January DEMAND 12 / February DEMAND 11/March DEMAND15/ April DEMAND 12/ May DEMAND 16 /June DEMAND 15 a. Using a weighted moving average with

Explain create a more motivated workforce, How can job design be used to cr...

How can job design be used to create a more motivated workforce? Be specific.

Explain how many storage rooms of each size to build, Personal Mini Warehou...

Personal Mini Warehouses is planning to expand its successful Nashua business into Lowell. In doing so, the company must determine how many storage rooms of each size to build. The

Explain annual demand for an airport metal detector, ABC distributors has a...

ABC distributors has an annual demand for an airport metal detector of 1,400 units. The cost of a typical detector to ABC is $400. Carrying cost is estimated to be 20% of the unit

Write Your Message!

Captcha
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