Explore BrainMass

Explore BrainMass

    Business Policy and Implementation

    BrainMass Solutions Available for Instant Download

    Data Analysis and Decision Making - Imagine you are a real estate investor presented with a regression analysis of home sales in the neighborhood of one of your investment properties.

    Imagine you are a real estate investor presented with a regression analysis of home sales in the neighborhood of one of your investment properties. Unfortunately, the report stops short of making the decision for you. Given the data as presented in those three worksheets, you need to determine: Which is the better predictor

    Data Analysis and Decision Making

    The problem is contained in the attachment. What we are trying to do here is conduct research for a CEO, who sees that he has problems within his organization regarding complying with the EEO and Title VII of the Civil Rights Act of 1964. The CEO is not so much interested in compliance as he is in ascertain where or not their is

    Generating a Simple Random Sample

    A manufacturing company's quality control personnel have recorded the proportion of defective items for each of 500 monthly shipments of one of the computer components that the company produces. The data are in the file P02_02.xls. The quality control department manager does not have sufficient time to review all of these data.

    Data Analysis and Decision Making

    In a typical month, an insurance agent presents life insurance plans to 40 potential customers. Historically, one in four such customers chooses to buy life insurance from this agent. Based on the relevant binomial distribution, answer the following questions: A. What is the probability that exactly 5 customers will buy life

    The Role of Perception in the Decision Making Process

    Write a 1050 to 1400 words examining the role of perception in the decision making process. Make sure these questions are answered: 1) what is perception? 2) how can a person's perception of others impact an organizations behavior? 3) what are the positive and negative effects of using perceptive shortcuts when judging others

    Perception and Decision Making

    I need ideas and help getting started. Thank you. -------------------------- Role of Perception in Decision Making (1050-1400 words). Address the following topics: 1. What is perception? 2. How can a person's perception of others impact an organization's behavior? 3. What are the positive and negative effects of using

    Compute the mean, median, and mode

    The manager of a local fast-food restaurant is interested in imporving the service provided to customers who use the restuarant's drive-up window. As a first step in this process, the manager asks his assistant to record the time (in minutes) it takes to serve 200 customers at the final window in the facility's drive-up system.

    Data Analysis and Decision Making

    Business Week's Guide to the Best Business Schools provides enrollment data on graduate business programs that it rates as the best in the United States. Specifically, this guide reports the percentages of women, minority, and international students enrolled in each of the top programs, as well as the total numbers of full time

    Data Analysis and Decision Making

    A production manager is interested in determing the typical proportion of defective items in a shipment of one of the computer components that her company manufactures. The spreadsheet provided in the file P02_02.xls contains the proportion of defective components for each of 500 radomly selected shipments collected during a 1-

    Important information about Thinking and Decision Making

    - Analyze and explain the following three different types of thinking styles: Creative, Scientific, and Persuasive Thinking - Compare and contrast the three different types of thinking and comment on how each affects the critical-thinking process. - Finally, apply critical thinking to the decision-making process by discus

    Inference of Meaning of Data

    AVX Stereo Equipment, Inc recently began a "no hassles" return policy. A sample of 500 customers who had recently returned items showed 400 thought the policy was fair, 32 thought it took too long to complete the transaction, and the remainder had no opinion. On the basis of these findings make an inference about the reaction o

    Relevant Costs for Decision Making

    1. Frogers Company makes 40,000 units per year of a part it uses in the products it manufactures. The unit product cost of this part is computed as follows: Direct materials $23.40 Direct labor 22.30 Variable manufacturing overhead 1.40 Fixed manufacturing overhead 24.60 Unit product cost $71.70 An outs

    Decision Making Process

    The CEO read your small groups strategic plan and is very impressed with your suggestions and the speed with which your group developed the plan. He would like more groups within the organization to be as effective and efficient as your group was with this project. In order for other members of management to benefit from your gr

    Individual and Group Decision Making

    The CEO read your small groups strategic plan and is very impressed with your suggestions and the speed with which your group developed the plan. He would like more groups within the organization to be as effective and efficient as your group was with this project. In order for other members of management to benefit from your gr

    Decision Making

    Please See the activity attached What decision concepts (theories, principles, heuristics, etc.) were demonstrated for each of the situations within the Unit 5 Activity? Be sure to justify and explain your rationale for choosing each principle. What do these decision concepts imply about the ways in which we people make de

    Decision Making

    To complete you must review and complete the Unit 5 Activity. To do this click on the Classroom Materials link, then the Unit 5 Multimedia Course Material link and then click on the "activity" icon. After completing the activity answer the following questions: 1. What decision concepts (theories, principles, heuristics, etc.

    Decision Making within groups

    The CEO has been extremely frustrated with what has been occurring within the organization lately. In a recent manager meeting he exclaimed, "Everyone around this place just follows the status quo. No one ever has any unique ideas on how we can make this organization better. You just sit here and wait for me to give you directio

    Consensus Decision Making

    You just got off the phone with Bud, following a similar call with Betty. They are both concerned that the position will be filled with someone outside the Chicago office. They really want to have their teams more involved in the project and feel this is an excellent opportunity for one of their people to step up. However, havin

    Decision Making - ConAgra Products

    From this situation you will be creating a presentation that will be delivered to other managers who make decisions similar to the ones you are analyzing. Your goal is to help them "learn" from this example so they can avoid making the same mistakes. In your presentation the slides should focus on main posts with the specific in

    Decision Making

    To complete this assignment you must review and complete the Unit 4 Activity. To do this click on the Classroom Materials link, then the Unit 4 Multimedia Course Material link and then click on the "activity" icon. After completing the activity answer the following questions: What decision concepts (theories, principles, heu

    Decision Making

    You will need to use the Library, the Internet, and course resources to locate a single example (from business, news reports, government, economics, and so forth) where the decisions made produced negative consequences. From this situation you will be creating a presentation that will be delivered to other managers who make d

    Applied Accounting for Decision-Making

    JTI is in the process of measuring its manufacturing costs and has assigned you to the measure of the manufacturing maintenance activity of JTI's small travel items, including travel clocks. This production is done in a large plant in the eastern United States. Maintenance is a significant mixed cost. Activity analysis indicate

    Decision Making

    Details: Your employer, an electrical fixtures supply company has decided to purchase company cars for all of the sales staff. You have been asked to select the line of automobiles that should be purchased. You have decided that on grounds of economy and longevity that it is in the company's best interesting to purchase Volvo's.

    Decision Making

    What decision concepts (theories, principles, heuristics, etc.) were demonstrated for each of the situations within the Unit 3 Activity? Be sure to justify and explain your rationale for choosing each principle. What do these decision concepts imply about the ways in which we people make decisions? Can any of these decisio

    ADVERTISEMENT