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A Widely Used Mathematical Programming Technique Designed to Help Managers

question 2

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A widely used mathematical programming technique designed to help managers and decision making relative to resource allocation is called


Definitions:

Coal

A combustible black or brownish-black sedimentary rock used primarily as a fuel in the production of electricity and heat, formed from plant remains over millions of years.

Oil

A viscous liquid derived from petroleum, used as fuel and in the manufacture of various goods.

Natural Gas

An energy-producing fossil fuel that predominantly contains methane, utilized for heating, cooking, and generating electricity.

Net Energy Ratio

A metric that compares the amount of energy produced to the amount of energy used to produce it.

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