Question
If 4 kg of metal of which 1/3rd is zinc and
the rest is copper, be mixed with 5kg of metal, of which 1/6 is zinc and the rest is copper, then what will be the ratio of zinc to copper in the mixture?Solution
In 4 kg of metal Zinc Copper 4 ×1/3 4 ×2/3 4/3 8/3 In 5 kg of metal Zinc Copper 5 ×1/6 5 ×5/6 Now, new ratio = (4/3+ 5/6)/(8/3+ 25/6) = 13:41
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Which of the following best describes a decision tree?
Which of the following is a common bias that can affect managerial decision-making?
In which decision-making technique do experts provide their opinions anonymously to avoid bias, and a consensus is reached after several rounds?
Decision Matrix is a type of __________ technique of decision making.
Which of the following is not a feature of a strategic decision?
As per Herbet Simon’s bounded rationality theory, the decision made is ______ in nature.
Why is it important to communicate the decision to relevant stakeholders?
A decision taken in response to a problem that has already taken place, is known as _____________