Question
A firm has the following details: • Raw
material holding: 25 days • WIP: 15 days • Finished goods: 20 days • Receivables: 30 days • Payables: 40 days • Creditors for wages & overheads: 10 days Calculate the net operating cycle (in days), and interpret the working capital implication.Solution
Gross Operating Cycle = RM + WIP + FG + Receivables = 25 + 15 + 20 + 30 = 90 days Less: Payables = 40 + 10 = 50 days Net Operating Cycle = 90 – 50 = 40 daysÂ
The Delphi technique of decision making was developed by _________
Which of the following is not a characteristic of decision making?
When a manager takes inputs from his team members before taking a decision, he is referred to as ______
Non-Programmed decisions address the _________ problems.
In which decision-making technique do experts provide their opinions anonymously to avoid bias, and a consensus is reached after several rounds?
When people take decisions based on the most currently presented items or experiences, it is called _____
Why is it crucial to clearly define the problem in decision-making?
Which of the following technique of decision making is a process in which a group of individuals generate and state ideas, but in which the rules prohib...
What do we call a course of action purposely chosen from a set of options to achieve organizational or managerial objectives or goals?
What types of a decision is one that is made before the occurrence of an external or internal change?
