The Steps in the Tactical Decision Making Process Are

question 39

Multiple Choice

The steps in the tactical decision making process are:
I.Comparing relevant costs and relating to strategic goals
II.Identifying feasible alternatives
III.Identifying costs and benefits and eliminating irrelevant costs
IV.Selecting best alternative
V.Defining the problem

What is the proper sequence of steps

• A)I, II, V, III, IV
• B)II, I, V, III, IV
• C)V, II, III, I, IV
• D)V, III, II, IV, I

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Definitions:

Lean Principles

Principles associated with the lean enterprise that include reducing inventory, reducing lead time, reducing setup time, product-/customer-oriented layouts, employee involvement, pull scheduling, zero defects, and supply chain management.

Unexpected Downtime

Unplanned or unforeseen interruptions in a system's or facility's operations, leading to temporary cessation of services or production.

Unreliable Processes

Procedures or systems that fail to consistently perform to their designed specifications or standards, leading to errors, defects, or inefficiencies.

Lean Manufacturing

The use of lean principles to accomplish high quality, low cost, fast response, and immediate availability in a manufacturing setting. Also called just-in-time (JIT) processing.