Linear Programming Helps Operations Managers Make Decisions Necessary to Make

question 44

True/False

Linear programming helps operations managers make decisions necessary to make effective use of resources such as machinery, labor, money, time, and raw materials.

---

Definitions:

Selling Price

The amount of money a buyer pays to acquire a product or service from a seller.

Trade Discount

A reduction in the listed price of a product or service, offered by sellers to buyers in the same trade.

Hardware Stores

Hardware Stores are retail establishments that sell tools, building materials, and supplies used in home improvement, maintenance, and construction projects.

Rotary Saw

A power tool with a circular blade used for cutting various materials, often used in construction and woodworking.