Why do bars offer free peanuts

Assignment Help Operation Management

Reference no: EM131873066

You need a clear and detailed briefing of this question by analyzing the problem by asking the below three questions.

Question: Bar Nuts

Why do bars offer free peanuts? (there is no additional details about the question)

Analyze the problem by using these three questions:

1. Who is making the bad decision? Why?

2. Does the decision maker have enough information to make a good decision? Why?

3. The incentive to do so? Why?

Answer to these questions will suggest solutions centered on:

1. Letting someone else make the decision, someone with better information or incentives

2. Giving the decision maker more information

3. Changing the decision maker's incentives.

Reference no: EM131873066

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