Production and Operations Analysis, Seventh Edition
7th Edition
ISBN: 9781478623069
Author: Steven Nahmias, Tava Lennon Olsen
Publisher: Waveland Press, Inc.
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Chapter 11.8, Problem 24P
Summary Introduction
Interpretation:The important factors (quantifiable and otherwise) which would be considered while deciding the location of a new hospital in a city are to be summarized along with the effectiveness of quantitative methods.
Concept Introduction:Deciding the location of the office/service /manufacturing/education center for any new unit is a strategic decision which once taken and implemented, cannot be undone. This is a long term decision taken on the basis of many factors-quantitative and non-quantitative. Mathematical modelling can also be very useful for such decisions.
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Consider the problem of locating a new hospital in a metropolitan area. List thefactors that can be quantified and those that cannot. Comment on the usefulness ofquantitative methods in the decision-making process.
Explain the given approaches for making decisions and Explain at least two example situations where following types of decision making can be more effective:
Rational decision making
Intuitive decision making
entify and discuss briefly four (4) common errors that may be committed in the decision-making process.
Chapter 11 Solutions
Production and Operations Analysis, Seventh Edition
Ch. 11.3 - Prob. 1PCh. 11.3 - Prob. 2PCh. 11.3 - Prob. 3PCh. 11.3 - Prob. 4PCh. 11.3 - Prob. 5PCh. 11.3 - Prob. 6PCh. 11.4 - Prob. 7PCh. 11.4 - Prob. 8PCh. 11.5 - Prob. 10PCh. 11.6 - Prob. 11P
Ch. 11.6 - Prob. 12PCh. 11.6 - Prob. 13PCh. 11.6 - Prob. 14PCh. 11.6 - Prob. 15PCh. 11.6 - Prob. 16PCh. 11.6 - Prob. 17PCh. 11.6 - Prob. 18PCh. 11.6 - Prob. 19PCh. 11.7 - Prob. 20PCh. 11.7 - Prob. 21PCh. 11.7 - Prob. 22PCh. 11.7 - Prob. 23PCh. 11.8 - Prob. 24PCh. 11.8 - Prob. 25PCh. 11.8 - Prob. 26PCh. 11.8 - Prob. 27PCh. 11.9 - Prob. 28PCh. 11.9 - Prob. 29PCh. 11.9 - Prob. 30PCh. 11.9 - Prob. 31PCh. 11.9 - Prob. 32PCh. 11.9 - Prob. 33PCh. 11.9 - Prob. 34PCh. 11.9 - Prob. 35PCh. 11.9 - Prob. 36PCh. 11.9 - Prob. 37PCh. 11.9 - Prob. 38PCh. 11.10 - Prob. 39PCh. 11.10 - Prob. 40PCh. 11.10 - Prob. 41PCh. 11.11 - Prob. 42PCh. 11.11 - Prob. 43PCh. 11.11 - Prob. 45PCh. 11 - Prob. 46APCh. 11 - Prob. 47APCh. 11 - Prob. 48APCh. 11 - Prob. 49APCh. 11 - Prob. 50APCh. 11 - Prob. 51APCh. 11 - Prob. 52APCh. 11 - Prob. 53APCh. 11 - Prob. 54APCh. 11 - Prob. 55APCh. 11 - Prob. 56APCh. 11 - Prob. 58AP
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