Postoptimality Analysis Is Most Closely Associated with

question 15

Multiple Choice

Postoptimality analysis is most closely associated with

• A)collecting input data.
• B)developing a model.
• C)sensitivity analysis.
• D)writing a computer program.
• E)None of the above

---

Definitions:

CIM

Computer Integrated Manufacturing, an approach to manufacturing that integrates computer systems with physical manufacturing processes for efficiency and productivity improvements.

PLM

Product Lifecycle Management, a strategic approach to managing the series of changes a product goes through, from its design and development to its ultimate retirement.

POM

Principles of Management; these are fundamental guidelines for the management of an organization concerning its mission, vision, and objectives.

TPS

Acronym for Transaction Processing Systems, which are software and hardware systems designed for processing business transactions efficiently and accurately.