Formulating a set of decision rules for making inventory re-ordering decisions is an example of programmed decision making.

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Programmed decision making refers to the process of making routine, repetitive decisions using predetermined rules or procedures. Formulating decision rules for inventory re-ordering is an example of programmed decision making because it involves establishing criteria for when and how to place new orders based on factors such as inventory levels, demand forecasts, and lead times. These rules can be applied consistently and efficiently to ensure that inventory is managed effectively and efficiently over time.

Formulating a Set of Decision Rules for Making Inventory Re-Ordering