Options Decision Cost Impact
Transcript of Options Decision Cost Impact
-
7/30/2019 Options Decision Cost Impact
1/11
Question Whether to go to office by Auto or Bike
Analysis
Option - 1
Cost
Auto 50 Adv:Safety from Rain
Adv: comfortable travel
Adv: In case of rain, this is the fastest mode of transport
Disadv:During return journey you have to catch bus or auto incurring
Option - 2
Cost
Average per lt 40 Adv: Highly economical
Cost per lt 72 Adv: at your service anytime
Rs/Km 1.8 Adv: Saving in cost
For 4 Kms (Rs.) 7.2 Disadv: If rains heavily on the way, you have to go to office wet and s
Disadv: If it rains in evening (as it mostly does) you have to reach ho
Adv: comfort level is highest
Decision Travelled by Auto
-
7/30/2019 Options Decision Cost Impact
2/11
additional cost
it throught whole day.
e wet.
-
7/30/2019 Options Decision Cost Impact
3/11
Question Whether to go to dharwad by train or kamat bus
Analysis
Option - 1
Cost Time
BNG DWD 1000 overnight Adv: can work full day and leave at Friday night
Kamat Adv: will get one additional day, Saturday as leave
Adv: both to and fro tickets will be confirmed which is a peace of min
DWD BNG 1000 overnight Disadv: Little expensive proposal
Kamat Disadv: comfort level little less
Disadv: will sacrifice one day salary for Saturday leave
Option - 2
Cost Time
BNG DWD 1000 overnight Adv: can work full day and leave at Friday night
Kamat Adv: will get one additional day, Saturday as leave
Adv: Saving in cost compared to option -1
DWD BNG 560 overnight Disadv: tickets avialble was only RAC. Which is not a peace of mind
Train Disadv: during festive season train is extremely rush. Even people wi
Adv: comfort level little more
Option - 3
Cost Time
BNG DWD 1300 overnight Adv:Will save one day leave since you will leave on Saturday afterno
intercity chair car Disadv: will get one day less, since you will reach on Saturday night
Disadv: Expensive
DWD BNG 560 overnight Disadv: tickets avialble was only RAC. Which is not a peace of mind
Train Disadv: during festive season train is extremely rush. Even people wi
Adv: comfort level highest
Option - 4
Cost Time
BNG DWD 1300 overnight Adv:Will save one day leave since you will leave on Saturday afterno
intercity chair car
DWD BTKL BNG 640 long journey Adv: tickets are availble. Which is a peace of mind
Train Adv: comfort level highest
Disadv: will have to take one day additional leave on Tuesday
Adv: Less expenses
Adv: will get an opportunity to visit many temples along with Bhatkal
Decision Booked BNG DWD by chair car
-
7/30/2019 Options Decision Cost Impact
4/11
d
th waitlisted ticket board the train
on
th waitlisted ticket board the train
on
anapati (this comes once in a year)
-
7/30/2019 Options Decision Cost Impact
5/11
Question Whether to leave for Volvo Meeting by Self or to ask boss
Analysis
Plus (i) save cost if by 4 wheeler
(ii)
Minus (i) it may cause delay
(ii) you dont know when boss is ready
(iii) costly proposal if by auto
Decision Left alone by auto
-
7/30/2019 Options Decision Cost Impact
6/11
In life we take decisions on a day to day basis
These decisions not only affect our finance but also other affect other things like time, energ
Especially travel plans affect our budget more than anything else
All our decisions taken during our life time are not recorded anywhere
Starting today we pledge to follow this practice of recording all our decisions and the param
This will help as a guide in all our future undertakings.
-
7/30/2019 Options Decision Cost Impact
7/11
y, peace of mind Etc
rtere on which these deciciosns were made
-
7/30/2019 Options Decision Cost Impact
8/11
Question Whether to go to cunningham road by Auto or by Bike
Analysis
Plus (i) Saving in Cost if bike is used
Minus (i) Fear of getting drenched in rain
(ii) Due to rain, we may get stuck under a tree, taking more time for return, when bike is use
(iii) Auto is already used 4 times (twice with dad) incurring 200+240 Rs total cost
(iv) lunch to be had at 3 pm if we set out at 1.30 pm for payment
Decision Used bike to goDo the thing you fear
-
7/30/2019 Options Decision Cost Impact
9/11
d. We had come out during lunch time.
-
7/30/2019 Options Decision Cost Impact
10/11
Question Whether to go to shimoga by Bus or train
Analysis Fare PassangersBus 400 2 800
Train Second class 150 2 300
AC class 350 2 700
Decision Finally we decided to use AC class train
Reasons:-
Safety
Comfort
Facilities like toiletFood
-
7/30/2019 Options Decision Cost Impact
11/11
Question Whether to leave for Bangalore on Sunday night or Monday night
Whether to stay in shimogga for two days or one dayAnalysis
Plus (i) since you were already suffering from fever, will get rest and care
(ii) ticket for Sunday night was anyway not booked.
(iii) there was no chance of getting a tatkal ticket on the same day- Sunday
Minus (i) You will loose one day of office and salary
(ii) Volvo meeting is schedule on Monday
(iii) committement to builder is Monday, which is already overdue.
Decision Left shimogga on Sunday night by Bus (Rajahamsa)