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  1. Which are the typical features of the strategic planning, tactic planning and operational control?

Which are the typical decisions in those groups?

Strategic planning:,extremely important, long-time long-lasting effect - uncertainties and risk attitudes (more than 3 years), nonrepeatable, high uncertainity,aggragated info, managerial policies - high managerial level, Examples: major capital investments in new production capacity and expansions of existing capacity, determination of location and size of new plants, distribution facilities, development and introduction of new products, and issuing of bonds and stocks.

Tactic planning: medium time (1-3 years), significant aggregation of info, The basic problem to be resolved is the effective allocation of resources (e.g., production, storage, and distribution capacities; work-force availabilities; marketing, financial, and managerial resources) to satisfy demand and technological requirements

Operational control: day-to-day, after making an aggregate allocation of the resources of the firm, it is necessary to deal with the day-to-day operational and scheduling decisions. complete disaggregation of the information generated at higher levels into the details consistent with the managerial procedures followed in daily activities, at this level are the assignment of customer orders in the work shop, inventory accounting and inventory control activities, dispatching, expediting and processing of orders, vehicular scheduling, and credit granting to individual customers.

  1. Compare programmed and non programmed decisions.

  • Programmed decisions are those that occur routinely and repetitively, they can be structured, they can be delegated on the lower echelons of the organization.

  • Nonprogrammed decisions are complex, unique, and unstructured, large amount of good judgment and creativity, normally, top managers are responsible

  1. Compare the main kinds of the mathematical models (operational exercise, gaming, simulation, analytical model).

Operational exercise: operates directly with the real environment in which the decision is under the study, the modeling involves (zahrnuje) designing (navrhování) a set of experiments to be conducted (prováděny) in that environment, and measuring and interpreting the results of those experiments, research in the natural sciences, observations of a given phenomenon (jev),Operational exercises are on highest degree of realism of any form of modeling approach, and are expensive to implement (realizovat).

gaming: representation of the real environment. The model is simply a device that allows the decision-maker to test the performance of the various alternatives. However, the cost of processing each alternative has been reduced, and the speed of measuring the performance of each alternative has been increased, is used mostly as a learning device

simulation: the models are similar to gaming models except that all human decision-makers are removed from the modeling process, many simulation models take the form of computer programs, where logical arithmetic operations are performed in a prearranged sequence.

analytical model: problem is represented completely in mathematical terms, normally by means of a criterion or objective, which we seek to maximize or minimize, subject to a set of mathematical constraints that portray (zobrazit) the conditions under which the decisions have to be made, the model computes an optimal solution, that is, one that satisfies all the constraints and gives the best possible value of the obj. fun.