Flowchart in the context of Decision-making process


Flowchart in the context of Decision-making process

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⭐ Core Definition: Flowchart

A flowchart is a type of diagram that represents a workflow or process. A flowchart can also be defined as a diagrammatic representation of an algorithm, a step-by-step approach to solving a task.

The flowchart shows the steps as boxes of various kinds, and their order by connecting the boxes with arrows. This diagrammatic representation illustrates a solution model to a given problem. Flowcharts are used in analyzing, designing, documenting or managing a process or program in various fields.

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Flowchart in the context of Non-fiction

Non-fiction (or nonfiction) is any document or media content that attempts, in good faith, to convey information only about the real world, rather than being grounded in imagination. Non-fiction typically aims to present topics objectively based on historical, scientific, and empirical information. However, some non-fiction ranges into more subjective territory, including sincerely held opinions on real-world topics.

Often referring specifically to prose writing, non-fiction is one of the two fundamental approaches to story and storytelling, in contrast to narrative fiction, which is largely populated by imaginary characters and events. Non-fiction writers can show the reasons and consequences of events, they can compare, contrast, classify, categorise and summarise information, put the facts in a logical or chronological order, infer and reach conclusions about facts, etc. They can use graphic, structural and printed appearance features such as pictures, graphs or charts, diagrams, flowcharts, summaries, glossaries, sidebars, timelines, table of contents, headings, subheadings, bolded or italicised words, footnotes, maps, indices, labels, captions, etc. to help readers find information.

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Flowchart in the context of Decision-making

In psychology, decision-making (also spelled decision making and decisionmaking) is regarded as the cognitive process resulting in the selection of a belief or a course of action among several possible alternative options. It could be either rational or irrational. The decision-making process is a reasoning process based on assumptions of values, preferences and beliefs of the decision-maker. Every decision-making process produces a final choice, which may or may not prompt action.

Research about decision-making is also published under the label problem solving, particularly in European psychological research.

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Flowchart in the context of Business process

A business process, business method, or business function is a collection of related, structured activities or tasks performed by people or equipment in which a specific sequence produces a service or product (that serves a particular business goal) for a particular customer or customers. Business processes occur at all organizational levels and may or may not be visible to the customers. A business process may often be visualized (modeled) as a flowchart of a sequence of activities with interleaving decision points or as a process matrix of a sequence of activities with relevance rules based on data in the process. The benefits of using business processes include improved customer satisfaction and improved agility for reacting to rapid market change. Process-oriented organizations break down the barriers of structural departments and try to avoid functional silos.

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Flowchart in the context of Flow diagram

Flow diagram is a diagram representing a flow or set of dynamic relationships in a system. The term flow diagram is also used as a synonym for flowchart, and sometimes as a counterpart of the flowchart.

Flow diagrams are used to structure and order a complex system, or to reveal the underlying structure of the elements and their interaction.

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Flowchart in the context of Supplementary vote

The contingent vote electoral system (also known as supplementary voting) elects a single representative through a two-stage process, in which the winner receives a majority of votes. It uses ranked voting. The voter ranks candidates in order of preference, and when the votes are first counted, only first preferences are counted. If no candidate has a majority (more than half) of the votes cast, then all but the two leading candidates are eliminated and the votes that had been received by the eliminated candidates are transferred to whichever of the two remaining candidates are marked as the next preference.

The contingent vote can be considered a compressed or "instant" form of the two-round system (runoff system), in which the second "round" is conducted without the need for voters to go to the polls a second time. For this reason, the term instant-runoff voting has been used for this system, though this conflicts with the more common use of that term.

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Flowchart in the context of Unit record equipment

Unit record equipment, electric accounting machines (EAM), or tab equipment were electromechanical machines used for performing data processing. Used well before the advent of electronic computers, unit record machines came to be as ubiquitous in industry and government in the first two-thirds of the twentieth century as computers became in the last third. They allowed large volume, sophisticated data-processing tasks to be accomplished before electronic computers were invented and while they were still in their infancy. This data processing was accomplished by processing punched cards through various unit record machines in a carefully choreographed progression. This progression, or flow, from machine to machine was often planned and documented with detailed flowcharts that used standardized symbols for documents and the various machine functions. All but the earliest machines had high-speed mechanical feeders to process cards at rates from around 100 to 2,000 per minute, sensing punched holes with mechanical, electrical, or, later, optical sensors. The corporate department responsible for operating this equipment was commonly known as the tab room, or tab department. Typically keypunches and verifiers were located elsewhere. The operation of many machines was directed by the use of a removable plugboard, control panel, or connection box. Initially all machines were manual or electromechanical. The first use of an electronic component was in 1937 when a photocell was used in a Social Security bill-feed machine. Electronic components were used on other machines beginning in the late 1940s.

The term unit record equipment also refers to peripheral equipment attached to computers that reads or writes unit records, e.g., card readers, card punches, printers, MICR readers.

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