Optimization Models, Which Generate Solutions That Maximize or Minimize Some

question 45

Multiple Choice

Optimization models, which generate solutions that maximize or minimize some objective subject to a set of constraints, fall into the category of _____ analytics.

• A) prescriptive
• B) predictive
• C) descriptive
• D) diagnostic

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Definitions:

Continuous Schedule

A work or production schedule that runs without interruption over a specific period, often 24/7.

Faith-based Businesses

Enterprises that integrate religious principles with their business practices and operations.

Benefit Packages

Comprise the combination of non-wage compensations provided to employees in addition to their normal salaries or wages.

Muslim HRM Systems

Human Resource Management practices and principles that are designed to be compatible with Islamic laws and cultural contexts.