ABSTRACT
The purpose of this paper is to emphasize managers’ function to decide correctly. It describes managers’ personal features which influence the course of right decision making; most frequent barriers of effective problem solving and most often appearing mistakes in decision making. When decision-making, managers need to have the relevant information and they need to have them in the “right quantity and quality.”The paper stresses the importance of mathematical programming in developing of management thinking. According to current knowledge, mathematical programming (one field of the operational analysis) has got a direct relevance as a toolbox for solving optimization problems (methods are being used in economics, medicine, insurance sector, banking and architecture). In close relation to the system approach it has helped to optimize managerial thinking—in theory and in practice, too. This logic modelling provides a very organized approach for solving decision problems.
