Tread discussion 2

Unfortunately, we all live in a world of constraints. There aren’t many
people who can make an expensive purchase without foregoing something else,
or take on a new project without taking time away from an existing one.
Usually, these are fixed-sum constraints; we only have so much
discretionary income per month, and so many hours in a day.

Sometimes the options, or the things from which we’re choosing, are
related. For example, you can’t get a new car with premium speakers unless
you also order the deluxe entertainment package, or get a keyless ignition
without keyless entry.

– Your assignment for this discussion is to describe a decision you
made, that involved fixed-sum constraints—the more, and the more
complicated, the better. If you’d known some geek who spoke Linear
Programming, could you have used his or her services? Why or why not?

General Note: To earn maximum credit, you should post to the module
discussion board in the first week of each module. There’s no reason not
to, because the discussions are *non-technical*. Each topic is intended to
get us thinking about the type of management problem discussed in each
module. The topics don’t require any research, or any prior knowledge of
management; they’re based upon our own, mundane experiences.

Answer Preview…………….

Decision making is critical in the environment as it helps in the implementation of action in the problems that continue to face an individual, especially in the business world. In deciding on the options to choose given a constraint, it is important that focus is on the alternatives that exist as it helps in making the right decision. The factors that affect a decision in most cases is not based on the value regarding money but based on the………….

APA 277 words