SCM

This picture can explain about supply-chain management. says Kevin O'Marah vice president of research at AMR research "the basis of competition for winning companies in today's economy is supply chain superiority. today's supply chain is complex web of suppliers, assemblers, logistic firms, sales/ marketing channels, and other business partners.

DecisionMaking

Well, everyone need to make a decision when do something. Thus, those decision that make from a person need to be good. to make a decision, people have to do it quickly because we simply do not have enough time.

as what you can see from the picture, he did't know which way should he choose. Either the way he choose good or not. Thus, he should find more information. But, the more info he acquires, the more complicated it to make decision. Me also learn how to used a Model. model is a simplified representation or abstraction of reality. by using models, it can calculate risks, understand uncertainty, changes variables, and manipulate time. So, how about it? That's what i can conclude about this chapter. See you then, bubye! :D