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What are long-term, departmental and Non-Economic decisions?
If long term decisions, the time period covered is long and the risk included is more. Departmental decisions relate to a specific department only and are taken by departmental head.
Non-economic decisions concern to factors such as technical values and moral behaviours.
Is it selfish to prefer (saving) one's own life to that of others?
Which of the following models uses a schematic model of the sequence of steps in a problem and the conditions and consequences of each step?
Draw serializability (precedence) graphs for the following schedules and state whether each schedule is (conflict) serializable. For each serializable schedule, determine the equiv
Productivity Challenge in Organisations Productivity is the ratio of outputs (goods and services) divided by the inputs (resources: labour, capital and services). It is one of
What are the three project team structures?
Consider mean arrival rate is 1 customer every 4 mins and mean service time is 5/2 mins. If waiting cost is $5 per unit per min and cost of serviceing one unit is $4. Find minimum
In the U.S., consumer expenditures on homes and other large purchases tend to slow down during a recession because a. of steady supply of loanable funds in the economy dur
Doing something at the lowest possible cost is called: ________________. Effectiveness Efficiency Productivity Evaluation Application
mis in decision making
Develop a forecast for years 2 through 12 using exponential smoothing with ? = .4 and a forecast for year 1 of 6. Plot your new forecast on a graph with the actual data and the nai
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