Number of Raincoat sold in cities C, D and E together = [900×(8/15)] + [840×(5/7)] + [660×(8/11)] = 480 + 600 + 480 = 1560 Required average = 1560/3 = 520
Which of the following is not an attribute of useful information?
Which of the following decisions cannot be delegated?
What criterion is essential when selecting the best solution in decision-making?
As per bounded rationality, the decision making is limited by certain factors like cognitive limitations. Cognitive limitations refer to _____
What does the final step, making the decision, involve?
As per Herbert’s Decision-making theory, the stage in which the final decision is made is referred to as ______
Why is it crucial to clearly define the problem in decision-making?
Which of the following style of decision-making is likely to conflict with bounded rationality theory?
Which of the following decision theory is concerned with how people actually make decision?
The synectics technique of problem solving that focuses on innovative and creative ideas to arrive at a consensus solution, was given by _____