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Decision Making (Day 1)
Decision Making (Day 1)
*QUANTITATIVE TOOLS
1. Inventory Models (Materials) - level of inventory.
2. Queuing Theory - sample-cashier and traffic lights.
3. Network Model - identifying critical path.
4. Forecasting - future sight.
5. Regression analysis statistics.
6. Simulation.
7. Linear Programming.
8. Sampling theory - acceptance sampling - checking only part of it.
Added Info: P.E.O-AFTER 5 YEARS
- SYSTEM SOLUTION-problem solving
- GRADUATE EDUCATION-masters
- LIFE LONG LEARNING-seminars
- MULTI-DISCIPLINARY- knowing other fields
- PROFFESIONAL PRACTICE- practicing all of the above