Decision Making Tools

Decision Making Tools

Production Order Decision Making from Multiple Product Choice and production Constraints.

Sunil Kumar Puri

"Somewhere along the line of development we discover what we really are, and then we make our real decision for which we are responsible. Make that decision primarily for yourself because you can never really live anyone else's life."

-- Eleanor Roosevelt

Introduction

Good decisions are the roots of success, and at times there are moments when the process of decision making can be difficult, perplexing, and nerve-racking. However, the boldest decisions are also the safest. Nothing succeeds a success better than another sweet success.

A leader is a person who knows and recognizes his/her feasible limits set by his/her surroundings. A leader recognizes what is under his/her control and what is not, and has the ability to accept the first and extend the second one. There is an old saying that goes like "If there is a will, then there must be a way". In fact the opposite of this is the truth, i.e. "If there is a way, then there must be a will". If there are gaps in the feasible region and if one ignores one or some constraints, and then one can invite big trouble, e.g., willingness beyond ones' ability. Willingness alone is not sufficient to carve out a way. Willingness, ability, dedication and determination to apply are necessary ingredients of success. It is therefore very