Time required by B and C to complete the work = 5 × 15/3 = 25 days Time taken by A, B and C = 20 days Total units of work = 100 units B and C one day work = 4 units A, B and C one day work = 5 units A’s one day work = 5 – 4 = 1 units Units of work done by A = 2 × 100/5 = 40 units Required value of x = 40/1 = 40 days
What is the risk of choosing a solution solely based on personal preferences?
Which of the following is NOT one of the biases in decision making?
Which of the following is a decision-making model that focuses on using intuition and past experience?
As per bounded rationality, the decision making is limited by certain factors like cognitive limitations. Cognitive limitations refer to _____
How does a cost-benefit analysis contribute to selecting the best solution?
Which type of decision is made in a situation that is new, complex, and has no established guidelines?
The synectics technique of problem solving that focuses on innovative and creative ideas to arrive at a consensus solution, was given by _____
What can be a consequence of not eliminating other solutions before making a decision?
Strategic decisions are _______
_________ are concerned with the problems of repetitive nature or routine type matters.
