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suppose there are four workers with the cost of $2000 per month per worker and every worker makes 1500 units per month. Hiring a new worker costs $500 and firing one costs $800 (per worker). If inventory costs $.001 ($/unit/month) and no shortage permitted, find the minimum number of workers required for the next 9 months (months 1 - 9) and total minimum cost.
discuss the managerial process and illustrate with diagram
Q. What do you term 'bounded rationality' in decision making? If people are having time as well as cognitive ability for making decision's it is said to be bounded rationality.
#question.planning,controlling and decision making.
introduction
henry gantt contributions to scientific managenentr
Demand
#history of managment
CHARACTERISTICS 0F STATISTICS
In decision theory, the three states nature are a. Local, regional, and national. b. Low, medium, and high c. Short-term, mid-term, and long-term. d. Certainty, uncert
A talking paper to write by analysing a case study given by professor.
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