Which of the following techniques of decision making involves a process for arriving at an evaluation of decisions, in which selected individuals are asked to respond individually to key questions about a problem, then are provided with a summary of the responses, all members have given and invited to respond again?
The Delphi technique is an approach to generating new ideas or problem-solving amongst a group or team. Each member or interested party submits his or her recommendations or views on the issue under review to a central contact point. All ideas generated in this way are then circulated to all those participants in the process, who then have the opportunity to submit comments on them. This process is repeated until a consensus emerges. Although time consuming, it can be an effective approach to the management of change. Delphi method was developed way back in 1950s by Olaf Helmer and Norman Dalker at the RAND Corporation to forecast the impact of technology on warfare. It was incorporated to reduce the range of responses and arrive at a consensus.
Out of 4 numbers, the average of first 3 is 19 and last 3 is 20. If the last number is 21. Find the first number?
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Anish and Ajay are business partners. Three years ago, their average age was 18 years. Vikas has recently joined them and now the average age of three p...
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The average weight of 7 boxes P, Q, R, S, T, U and V is 72kg. Another box A is added to group and the average now becomes 70kg. If another box C whose ...
In an examination the average marks of Rohit is 54. If he got 18 more marks in science and 22 more marks in maths then his average would have been 58. F...
There are three numbers such that when the average of any of the two numbers is added with the third number, sum obtained will be 130, 142 and 154. Find...
The average cost price of 25 pens (having equal cost price) decreased by Rs.4, when one of the pen is replaced by a new pen having cost price of Rs.60. ...
The average expenditure of a man for the first 8 month is Rs.6000 and for the next 4 months is Rs.8000. If he saves 10000 in that year then find his ave...
Average age of company A is 22 years and average age of both companies A and B is 14 years. If the ratio of number of employees in company A and B is 3:...