Question
The average daily income of a daily wage worker, in the
month of July is Rs. 120. If his average income on 1st 12 days of the month is Rs. 80 and on last 16 days of the month is Rs. 120, then find his average income on remaining three days of the month.Solution
His total income in the month = 31 × 120 = Rs. 3720 His income of 1st 12 days = 12 × 80 = Rs. 960 His income in last 16 days = 16 × 120 = Rs. 1920 Therefore, his income in the remaining two days = 3720 – (960 + 1920) = Rs. 840 Required average = (840/3) = Rs. 280
Why is it essential to consider the urgency of the problem when identifying it?
_________ is a branched flowchart showing multiple pathways for potential decisions and outcomes.
Rational decision making is relies on _______
What is the purpose of identifying possible solutions in decision-making?
As per Herbet Simon’s bounded rationality theory, the decision made is ______ in nature.
A company is deciding on whether to buyout its competitor or not. One group is analysing all the pros of buying out while another group is listing down ...
The Delphi technique of decision making was developed by _________
Which of the following is a not feature of a programmed decision?
For decision making to exist, there needs to be at least ______ alternative(s) available.
Which of the following would be a decision which is for repetitive or routine problems for which the responses have been already been decided?
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