What are routine and strategic decisions, Operation Management

Assignment Help:

What are routine and strategic decisions?

Routine decisions are of repetitive nature that do not need much analysis and evaluation, are in the context of everyday operations of the enterprise and can be made rapidly at middle management level. Strategic decisions concern to policy matter, are taken at higher levels of management following careful analysis and evaluation of different alternatives, involve huge expenditure of funds and slight mistake in decision making is injurious to the enterprise.


Related Discussions:- What are routine and strategic decisions

What is an e-r diagram, Conceptual Modeling looks at how the data is struct...

Conceptual Modeling looks at how the data is structured and what the characteristics of the data are. What characteristics of data are represented in an E-R diagram?

Explain what is the project duration, The following is a table of activitie...

The following is a table of activities associated with a project at Bill Figg Enterprises, their durations and what activities each must precede: Activity Duration (weeks) Precedes

Define summarize the organization technological solution, 1. Briefly summar...

1. Briefly summarize the organization technological solution. 2. Would you classify this as an enterprise or workgroup solution (review the Case Study Areas of Focus document in

Layout, disconnected or functional layout

disconnected or functional layout

Explain the production plant capable of making per week, Kamal's Roti Facto...

Kamal's Roti Factory makes Rotis and delivers them to various restaurants and delis around Brooklyn. The production plant made 200,000 Rotis last week. The production plant operate

Explain optimal solutions to linear programming problems, Optimal solutions...

Optimal solutions to linear programming problems are found under probabilistic assumptions

Why risk interviews are often completed with subject matter, After a risk w...

After a risk workshop has been completed, risk interviews are often completed with subject matter experts. Assess the value of the interviews to identify risk response strategies.

MR, HOW DO YOU TREAT SAFETY STOCK COMPUTING MATERIAL REQUIREMENT SCHEDULE

HOW DO YOU TREAT SAFETY STOCK COMPUTING MATERIAL REQUIREMENT SCHEDULE

Explain what is the workstation cycle time, 1. Some tasks and the order in ...

1. Some tasks and the order in which they must be performed according to their assembly requirements. These are to be combined into workstations to create an assembly line. The

Explain cost-reimbursement contracts for the government, Find an example of...

Find an example of a project in which one of these two types was used in a real federal contract. These two types refers to contrast fixed-price and cost-reimbursement contracts fo

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd