In which step of the five-step decision-making process would a manager determine the number of orders for a product that was received in the past,the time it takes to manufacture a product,the available capacity,and the average manufacturing cycle time for a product?
A)Step 1: Identify the Problem and Uncertainties.
B)Step 2: Obtain information.
C)Step 3: Make predictions about the future.
D)Step 4: Make decisions by choosing among alternatives.
E)Step 5: Implement the decision,evaluate performance,and learn.

Question

Quizplus · Accepted Answer

In Step 2, the manager gathers relevant information, such as the number of orders for a product received in the past, the time it takes to manufacture a product, the available capacity, and the average manufacturing cycle time for a product. This information is crucial for making informed decisions in the later steps of the decision-making process.

In Which Step of the Five-Step Decision-Making Process Would a Manager