Linear Programming,waiting Line,simulation,and PERT/CPM Are All Parts of Which Era

question 47

Multiple Choice

Linear programming,waiting line,simulation,and PERT/CPM are all parts of which era of operations management?

• A)Quality Research
• B)Operations Research
• C)Internet Revolution
• D)Globalization

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Definitions:

Time-Series Graph

A two-variable graph that has dates on the horizontal axis and values of a variable that occurred on those dates on the vertical axis.

Seasonally Adjusted

A statistical technique used to remove seasonal variations from a data series to more clearly analyze trends.

Unemployment Rate

The fraction of individuals in the labor force who are without jobs and are searching for employment.

Percentage Point

A unit of measurement used in expressing the difference between two percentages or proportion values.