PPT-Inventory Management III: Decision Making

This module discusses ordering costs time between orders inventory holding costs economic order quantity EOQ quantity discounts and production order quantity Authors Stu James and Robert . 13 October 2014. Cath Harmer. A/Manager. Policy and Projects, Rural Health. Catherine.Harmer@health.vic.gov.au. Shared decision making (SDM) is a collaborative process that allows patients and their providers to make health care decisions together, taking into account the best scientific evidence available, as well as the patient’s values and preferences. Creativity, and Entrepreneurship. chapter seven. McGraw-Hill/Irwin. Copyright © 2011 by The McGraw-Hill Companies, Inc. All rights reserved.. Learning Objectives. Understand the nature of managerial decision making, differentiate . © John Wiley & Sons Canada, Ltd.. Business Leadership: Management Fundamentals. John R. . Schermerhorn. , Jr. ., . Barry Wright, and Lorie Guest. Data. Raw facts and observations. Information. Data made useful for decision-making. This module discusses periodic vs. perpetual systems, inventory position, quantity to order, time between orders, target inventory, lead times, reorder point and . safety stock.. Authors: Stu James and Robert . Chapter 1. Introduction . to Managerial Decision Making. Copyright 2013 John Wiley & Sons. The Anatomy of Decisions. Judgments involve cognition.. Common decision situations:. How to select a post-MBA job?. Cognitive Neuroscience. David Eagleman. Jonathan . Downar. Chapter Outline. How Do We Decide What to Do?. The Predictably Irrational . Homo sapiens. Where Do Our Irrational Decisions Come From?. How the Brain Decides. Guidelines on Discerning . God. ’. s Will & Wisdom in Life. ’. s Decisions. Buck Anderson. Pastor, Leadership Development. Grace Bible Church. Biblical Decision-Making. The Usual Questions. Choice of college. Karl A. Smith. Engineering Education – Purdue University. Technological Leadership Institute/ STEM . Education Center/ Civil . Engineering . - University of Minnesota. ksmith@umn.edu - http. ://www.ce.umn.edu/~smith. Prof. Dr. . Y. İlker TOPCU. www.ilkertopcu.. net. . www.. ilkertopcu. .org. . www.. ilkertopcu. .. info. facebook.com/. yitopcu. . twitter.com/. yitopcu. instagram.com/. yitopcu. web.itu.edu.tr/. Decision . Making Styles. Planful. – A step-by-step process is used to identify alternatives and to choose one.. Painful – A lot of time and energy are spent, but a choice is not made.. Impulsive – A choice is made without adequately finding alternatives or collecting information about the self and alternatives.. Statin Choice Decision Aid Share-Decision Making SCIP Shared Decision Making Shared Decision Making Glasziou and Haynes ACP JC 2005 Promote a process where patients and clinicians make a choice together. Inventory control means having the right product in the right quantity at the right
time. In industry, a lot of products are used for making one product. So, inventory
management is a crucial part of any industry. Small businesses are facing more
difficulty in stock management. “my stuff organizer app” makes it simple. Due to so many products used in a kitchen, kitchen inventory management is a
very difficult task. it’s not possible to remember the stock of all products with
details of the expiry date etc. PLANNING: . Steps, Importance, Components. CO ORDINATION: . Importance. MANAGEMENT BY OBJECTIVES: . Advantages, MBE. MANAGEMENT INFORMATION SYSTEM: . Concept, Components. DECISION MAKING: . Techniques, Essentials, Impact Of Technology On Decision Making. .