Management Decision: What To Produce?
- Topics:
- Decision making
- Source:
- Texas Tech University
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Overview: Decision-making is the process of identifying alternative courses of action to a given problem and choosing the most suitable alternative from amongst them. Managers in an organization are involved in decision-making on a wide variety of issues. The ‘product-product’ decision appears in an organization producing multiple products from a given set of resources. It involves making decision regarding optimal utilization of resources towards operationalizing the production process. The paper examines this issue.
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Format: HTML | Size: 90KB | Date: Jan 2003 | Pages: 19
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