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Quantifying Observations:
When the behaviours specified have to provide certain measurement then some form of quantification is required. The quantification usually takes the form of counting. The count may be of number of times that a subject shows a particular form of behaviour during a period of observation. Here observer should be sure of when one act ends and the next begins. It is wise to break the period of observation into short segments and observer can then watch occurrence or non-occurrence of particular behaviour under specified categories.
Explain what you understand by this statement in the context of strategic inventory management.
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Ascertaining Demand: Since demand is a basic factor in selection you have to develop a system for ascertaining the demand- Demand includes both expressed wants and unexpressed
SIZE OF SAMPLE: Large samples are more representative of the population of interest than the sinall samples. There are no specific rdes for determining the desired sampl
describe about managerial decision making?
Objectives of Resource Sharing The objectives implied in resource sharing activity are very idealistic in nature. They are mainly aimed at providing convenient access to info
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