There are 6 different letters in the word MONDAY.
The first place can be filled in 6 ways.
Second place can be filled by any one of the remaining 5 letters. So, second place can be filled in 5 ways
Third place can be filled by any one of the remaining 4 letters. So, third place can be filled in 4 ways
So, on continuing, number of ways of filling fourth place in 3 ways , fifth place in 2 ways, six place in 1 way.
Therefore, the number of words that can be formed using all the letters of the word MONDAY, using each letter exactly once is 6×5×4×3×2×1=6!
Alternative Method:
Number of words that can be formed by using all the letters of the word MONDAY at a time is the number of permutation of 6 different objects taken 6 at a time, which is 6P6=6!
Thus, required number of words that can be formed when all letters are used at a time= 6!=6×5×4×3×2×1=720