When an Organization Faces Multiple Constraints for Multiple Products, What

question 110

Multiple Choice

When an organization faces multiple constraints for multiple products, what kind of quantitative analysis needs to be performed?

• A) Use the same technique as for a special order
• B) No quantitative analysis, because there is no way to use constrained resources optimally
• C) A linear programming analysis that optimizes the contribution margin per constrained resource
• D) Rank products on contribution margin and pick the product with the highest one

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Definitions:

Chemical Shift

A term used in nuclear magnetic resonance (NMR) spectroscopy to describe the change in magnetic resonance frequency of a nucleus due to its chemical environment.

Sample Proportions

The fraction or percentage of the sample that represents a particular trait or characteristic of interest.

Control Chart

A graphical tool for monitoring process stability and variability by plotting measured values against predetermined control limits.

P Chart

A type of control chart used for monitoring the proportion of defective items in a process over time, useful in quality control.