_____ Means Reducing Resources to Achieve More Efficient and Cost-Effective

question 87

Multiple Choice

_____ means reducing resources to achieve more efficient and cost-effective operations.

• A)Rationalization
• B)Utility management
• C)Physical distribution management
• D)Logistic integration
• E)Logistic modeling

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Definitions:

Binding Constraint

A constraint in an optimization problem that directly limits the ability to achieve an optimal solution, where any relaxation of the constraint would improve the outcome.

Slack

The amount of time a project task can be delayed without causing a delay to subsequent tasks or the overall project deadline.

Zero

The integer that precedes the positive one and follows the negative one; it is neither negative nor positive.

D-type Steel Sheets

Specific grade of steel sheets characterized by certain mechanical properties and composition, often used in manufacturing.