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Operational decisions happen on the fly. Therefore any decision you make at work on a daya to day that affects what anyone at the work is an operational decision.
Example: If everyday your business fills 200 boxes of orange for shipment and a supplier calls and says they need 250 boxes. Since you do not normally product 250 boxes. You are forced to meet client needs and therefore you make an operational decision to produce 250 boxes. That is a decision done immediately and therefore operational decison
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Early Operational Assessment is typically conducted for what reason?
support the decision to begin low rate initial production (LRIP)
What is an example of a distribution decision?
A pipeline is set up to get oil from wells to refineries.
What is Operational Concept?
what is the differnec between an operational concept document and a concept for operations
What is operational aspect?
Operational Aspects of a company define logical business process model for key processes within the enterprise which drives the organization towards operational efficiency.
What are some examples of a business document?
Some example of a business document are: Business plans and goals, accounting documents, customer service documents, business reports, operational documents.
What is the difference between strategic decision administrative decision and operational decision?
Strategic decisions are made by executive level managers. Operational decisions are made by line managers. Operational decisions can change from day-to-day.
Explain the scope and methodology of operational research with an example?
Operational research involves using mathematical models to make better decisions in complex situations. The scope includes optimization, simulation, and decision analysis. Methodology involves problem formulation, data collection, model building, solution, and implementation. For example, in supply chain management, operational research can be used to determine the most cost-effective inventory levels and distribution strategies to meet customer demand while minimizing costs.
Can you give me an example of operational feasibility?
No.
How would you describe an operational decision?
Operational decisions focus on day-to-day activities within the company and are typically made by lower-level managers.
What is the role of computer in operational research?
Operational research is the discipline where advanced analytical skills are applied for better decision making. Computers are widely used in many cases to prove the correctness of the decision. Below are some links that will give more information.
Is the Milestone Decision Authority is responsible for establishing the Critical Operational Issues (COIs) that will be addressed in testing?
False
Explain the differences between strategic planning and operational planning?
Strategic planning is deciding what a company will do. Operational planiing is deciding how that will be done. For example, Kodak made a strategic decision to enter the digital photography business when the tradition film market began to deteriorate. They decided what products offered opportunities in that industry. Then, they had to formulate an operational plan - product development, manufacturing process and location, etc. The operational plan will also include some strategic planning. For example, the Marketing department had to decide how to best position the products in the marketplace (and which markets or locations) and then plan how to design the marketing materials.
What are the roles of operational research and business decision making?
Operational research allows business leaders to have more technical knowledge. With more research about operations, managers can choose the best alternatives presented to them. The key thing in this equation is that good operational research helps better business decisions. Often times the business decision often opted for is to spend more money on research.
What are the most relevant differences between operational data and decision support data?
Operational data is used to run day-to-day business operations and is typically structured, detailed, and transactional. Decision support data, on the other hand, is used to analyze trends, patterns, and make strategic decisions. Decision support data is often aggregated, summarized, and historical.
Which type of decision making depend on real time a. strategic b. tactical c. operational d. nonprogrammable?
tactical
What are the strategic business objectives that are impacted by information systems?
operational excellence, competitive advantage, survival, improved decision makinh
Early Operational Assessment is typically conducted for what reason?
support the decision to begin low rate initial production (LRIP)
