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Polwalski manufacturing group

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In a meeting of Polwalski production managers, you have been asked to discuss the three types of judgment heuristics:

* Availability
* Representative
* Affect

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The response addresses the queries posted in 936 words with references.

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The response addresses the queries posted in 936 words with references.
//Prior to discussing about three types of judgment heuristics, we will firstly talk in the general sense about the background of Polwalski manufacturing group and judgment heuristics. So, firstly, we will write about Polwalski and judgment heuristics under the heading of Introduction, for example: //

Introduction:

As per the given scenario, Polwalski manufacturing group would like to seek expansion in two manufacturing locations in order to prosper its manufacturing productivity. On the whole, the main reason behind business expansion is not only to take on lucurative opportunities, but also to take an advantage of the manufacturing locations like cheap labor, technology, resources, etc. Judgment heuristics assist in reaching at the good decision within short duration of time with less effort. With the type of judgment heuristics, one can easily key out the errors in decision making and they also aid in reaching the right solution. Thus, it is inferred that such type of heuristics plays a determinative role at the time of taking any decision (Woll, 2001).

//As per directions, in this part, we will talk about the types of judgment heuristics, i.e., Availability, Representative and Affect. You are free to add more in this part, which you find suitable. I am just providing you a brief overview.//

Type of Judgment Heuristics:

In logical thinking and judgment, heuristics pertain to psychological shortcuts. In judgment heuristics, the shortcuts are beneficial in finding out the conclusions regarding the probability of ...

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Ashish Sharma, MBA (IP)
Education
  • MBA (IP), International Center for Internationa Business
  • BBA, University of Rajasthan
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