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Normative models suggest how people should make decisions while descriptive models describe how people actually make decisions. Descriptive models introduce the concept of satisficing.
Alok and Vinay can complete some work alone in 12 days and 20 days respectively. Both of them started the work together but Vinay left the work 4 days b...
Ram can produce 5 pots in a day. Rahul is 40% faster than Ram in pot-making. Together, they work for a period of 55 days, resulting in the production of...
Ram and Shyam can complete a piece of work together in 15 days. If Shyam is 50% more efficient than Ram, find how long Shyam alon...
A is half as efficient as B. C does half as much work as A and B together. If c alone can do the work in 40 days. Then in how many days will A, B and C ...
36 women can complete a task in 20 days. If 18 women start the task and after 15 days ‘y’ more women join, ensuring the remaining work is completed ...
A contractor hired 40 workers to complete a work in 100 days. After 70 days, it was found that only 2/5th of the work was completed. Find the number of ...
A, B and C alone can complete a work in 30, 60 and 45 days respectively. All of them started working together but after 3 days from start A left the job...
Sachin can complete a job in 15 days. Ankit alone can complete the same job in 10 days. Sachin works for 9 days and then the remaining job is completed ...
Karan, Arjun and Krunal alone can complete a work in 35, 70 and 60 days respectively. All of them started working together but after 3 days from start K...
