1. Under what circumstances is expected monetary value appropriate as a decision criterion? When isn't it and when it is appropriate? 2. Discuss the significance bounded rationality and sub-optimization in an organization. What are the remedies? 3. What is a flexible manufacturing system, and under what set of circumstances is it most appropriate? 3. What are the trade-offs that occur when a process layout is used? What are the trade offs occur when a product layout is used. 4. Outline the impact that job sequence has on each of the layout types. 5. What are some of the main advantages and disadvantages of specialization from management perspective? From Worker's perspective? 6. What is ergonomics and why is it important in job design? Explain how it can relate to quality of work life. 7. As the administrative manager in a law office, you have been asked to develop a system for evaluating the productivity of the 15 lawyers in the office. What difficulties are you going to have in doing this, and how are you going to overcome them