Explain the steps of decision-making process using an example. What is the difference between rational decision making, bounded rationality and intuitive decision making?

Q: A small furniture shop that focuses on making kitchen chairs produces 20,000 kitchen chairs…

A: Productivity is measured as per unit of output produced by per unit of input used.

Q: How can managers adapt to each impact that revolves around their organization?

A: Managers are the key to an organisational success and a successful manager is person who has great…

Q: (a) What are the optimal values? (b) Develop a visualization comparing the forecasts with the…

A: There are many methods to find the optimal forecasted values like the moving averages method,…

Q: Compute the cycle time for Sunburn Pharmaceuticals given the following data: set-up time, 2 hours;…

A: Given, Set up time= 2 hours Process time= 10 hours Move time = 80 minutes=1.3 hours Wait time =20…

Q: Kabelo and Hendrik are joint owners of Fitness Gym. They are currently investigating the option of…

A: A capital project can be stated as a long-term, capital-accelerated investment project with a motive…

Q: as failed or wasn’t as successful as you had hoped. Identify the barriers to the execution (Why it…

A: Sadly, initiatives seldom go according to plan in real life. Failures are inevitable, but they may…

Q: prepare 3 minute commentary about rizal park for foreign tourist

A: Rizal Park, also known as Luneta Park, is a 58-hectare park in Manila that is considered one of the…

Q: Q5-) A regional infrastructure building and maintenance contractor must decide to buy a new compact…

A: HDD (Horizontal Directional Drilling) is a trench less method of constructing underground pipes,…

Q: Calculate the missing values and express the answers rounded to two decimal places. Rate of Amount…

A: Given, Profit = $340 Overhead expenses = $255 Rate of Markup on cost = 18%

Q: d) As a Project Engineer, you had been tasked to lead a team of project construction work. You are…

A: Poor quality work is when a worker is not able to give performance as per the required standard. If…

Q: BUS 038 : Business Computations 4. You buy goods on an invoice dated October 28, with terms of 2/20,…

A: As per Bartleby's guidelines, we only answer the first question in case multiple questions are asked…

Q: When companies are making plans to merge with another company, or buy another company... what…

A: The companies are creating plans to merge with another company, or they could buy another company,…

Q: b) Suggest possible measures/ solutions that can be un

A: Electronic procurement systems are a significant advancement in the buying process, providing…

Q: In global sourcing, a tariff is an official list or schedule showing the duties, taxes or customs…

A: Global sourcing is a procurement strategy in which a busines buys the goods and services from…

Q: Compare and contrast the Market-Based economic system vs. the Collective-Ownership system.

A: Market based economies utilize private ownership for the  production and voluntary…

Q: Conduct the ABC analysis for a convenience store, using the following percentages A inventory - most…

A: ABC analysis categorizes the inventory into three categories:  A, which requires accurate records…

Q: What is a system's definition of improvement?

A: Process enhancement can be stated as the methodology to encounter redundancies in the approaches…

Q: Is it conceivable that lean management ignores certain dimensions of organizational effectiveness?…

A: The goal of lean manufacturing (lean production) is to eliminate waste from a production system.…

Q: Outline some features of a workplace program to prevent or control occupational diseases. For each…

A: An occupational disease can be stated as a health issue or disorder that is caused by the work…

Q: What are the ways that the location decision will have an impact on the production system.

A: According to established acceptance criteria, location decision-making is the process of selecting…

Q: The Safe Zone Restaurant, a 24-hour restaurant, faces changing requirements from hour to hour. More…

A: As per the first-hour principle, the workers are added in the first hours of their duties to meet…

Q: 3. Discuss the logistics of the new refrigerator from the perspective of the retailer.

A: Logistics relates to the overall approach of controlling how resources are obtained, stored, &…

Q: 1. Alpha Team received an assignment from the Company to work on a bridge construction project. Budi…

A: ES -Early start time LS - Late start time EF - Early finish time LF - Late finish time   ES =…

Q: Omega, Inc., a publicly held corporation, has assets of $100 million and annual earnings in the…

A: Maintaining the plastics factory indefinitely may seem to be the ethically proper thing to do. The…

Q: Explain the relationship between Quality Control, Quality Assurance, and Quality Management System.

A: As per our guidelines, we are supposed to answer only one question if there are multiple questions…

Q: The production manager of Batasan Enterprises wants to improve its cycle efficiency by cutting on…

A: Given data is Original value add time = 9 hours = 540 minutes Original non-value add time = 146…

Q: What advantages and disadvantages do you have in meeting the target market’s needs?

A: The functional demands, desires, and ambitions of a target audience are market needs. A corporation…

Q: The optimum solution is: Number of air conditioners to be produced Number of heaters to be produced…

A: Decision variables: x = Number of air conditioners producedy = Number of heaters produced…

Q: 1. If an individual privy to information about organizational operations uses that information for…

A: Insider trading refers to the use of internal information of the organisation by its employees to…

Q: Activity Predecessor(s) Duration (Months) 1. Proposal 2. Client meeting 3. Develop airframe spec. 4.…

A:

Q: Explain about important of soap manufacturing process

A: Manufacturing process is a process that produces finished goods from raw material with the help of…

Q: DaShu is a retailer store that sells T-shirts to its customers. Suppose the customer demand in a…

A: Mean customer demand = 1000 units Standard deviation = 300 units Service level = 90%

Q: 1. When is the earliest project completion? 2. Which activities are critical (should not be…

A: Finding expected completion time and possible paths The expected completion time(te) is calculated…

Q: A nutritionist wants to formulate a food mix that will contain minerals, protein, and vitamins at…

A: Given data is Minimum minerals = 10 units Minimum protein = 14 units Minimum vitamin = 6 units Cost…

Q: The newest Graeter’s plant can produce far more ice cream than is needed today. The company also…

A: The company produces sufficient icecream in order to fulfill the demand of the customers.  An…

Q: all plant, medium or large plant. The best selection of plant size depends on how the marketplace…

A: Given data Plant size low medium high small 225 280 300 medium 120 280 370 large 75 280 750…

Q: Set control limits for this process and graph the sample data for both the x¯- and R-charts.

A: The X-bar chart is used to calculate the mean changes in the quality of products over time where as…

Q: 3. A large bakery buys sugar in 50-kg bags. The bakery uses an average of 1,344 bags a year.…

A: As per guidelines we are supposed to answer only three subparts if there are multiple sub-parts…

Q: How will you manage your time as a supply chain manager? Please do fast ASAP fast

A: Supply chain manager:- As a supply chain manager, there are always tasks that need to be…

Q: differences of salary and insurance from the perspective of compensation. Plz do fast asap

A: In return for the work they do, companies will pay their workers a salary or some other kind of…

Q: () The reorder point (whole number) - copies (9) Total annual stocking cost (two decimal points with…

A: The reorder point is the point at which the company need to purchase the inventory stock to fulfill…

Q: John the barber rents a very small space that has room for 2 customers only. The time John spends on…

A:

Q: Product Design In 1945, a rare and curious Volkswagen car was shipped from its bomb-damaged German…

A: given, Product Design  In 1945, a rare and curious Volkswagen car was shipped from its bomb-damaged…

Q: A Republican and a Democratic candidate are running for office in a heavily Republican county. A…

A: given, republic leads = 20% when compare with democratic welfare  then republic leads =35%

Q: A post office has a counter for customers' drive-through to get the services. The design of the…

A: Let, Arrival rate, λ = 20 per hour Service rate, μ = 25 customers per hour The average number of…

Q: Outline some general control strategies that can reduce the number and seriousness of workplace…

A: Workplace injuries are an important matter of concern of every kind of firm whether small or large.…

Q: Bacala Software Systems operates a technical support center for its software customers. If customers…

A: Given, Arrival rate, λ= 5 calls per hour a) It takes 7.5 minutes to answer one customer.    In one…

Q: What are the four most common types of shopping centers, and what type of store does each typically…

A: There are various kinds of shopping centres and they are discussed in Step 2 ahead.

Q: oesn't get too high, what can a system designer do? Expert opinions can be very important for a lot…

A: Reduce Short Term Memory Load

Q: Why is it important to follow the proper workflow steps for coding and billing?

A: Medical coding is the process where the medical reports are sent to coders from doctors. The medical…