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Author Question: When a manager considers such things as the administrative costs to process orders to suppliers, ... (Read 51 times)

abc

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on: Jul 21, 2018

When a manager considers such things as the administrative costs to process orders to
  suppliers, warehousing costs, costs of work stoppages due to running out of raw materials,
  and cost of capital, what kind of quantitative tool for decision making is he using?


 
 

a. Decision tree
  b. Inventory model
  c. Distribution model
  d. Payoff matrix
  e. Game theory



Question 2

You are designing a loading dock for a truck line. You have to decide how many loading
  and unloading doors to install to avoid having equipment and drivers tied up for excessive
  amounts of time while they wait for service. Which of the following quantitative techniques
  will be most useful in solving this problem?


 
 

a. Decision tree
  b. Game theory
  c. Payoff matrix
  d. Distribution model
  e. Queuing model



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ebonylittles

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Reply #1 on: Jul 21, 2018
Answer to Question 1

B

Answer to Question 2

E


abc

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  • Posts: 543
Reply 2 on: Jul 21, 2018
:D TYSM

tandmlomax84

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  • Posts: 323
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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