Practical Operations Management
Practical Operations Management
2nd Edition
ISBN: 9781939297136
Author: Simpson
Publisher: HERCHER PUBLISHING,INCORPORATED
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Chapter 1, Problem 14P
Summary Introduction

Interpretation: Discussed the different types of decision level by taking daily life situation.

Concept Introduction: ABC bank in XYZ location wants to relocate there branch because its current location is sold to some other bank. So in this condition, they take decision by the help of decision maker team that where we open new branch. In this case, they focus on different parameters like branch should be near to the market, it should be easily approachable by the customer, main branch should be in city, appropriate land is available for the bank etc. To keep all these point in mind decision maker team decides. Team consist of three group i.e. strategic level, tactical level and implementation level.

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