This Aggregate Planning Technique Is Known for Being Computerized, Although

question 38

Multiple Choice

This aggregate planning technique is known for being computerized, although some assumptions may not be valid.

• A)linear programming
• B)spreadsheet
• C)simulation
• D)heuristic
• E)trial and error

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Definitions:

Tax System

The structured method by which governments impose financial charges on citizens, businesses, and property to fund public expenditures.

Efficient Tax System

A tax system designed to collect government revenue with minimal economic distortion and without imposing excessive administration and compliance costs.

Deadweight Losses

Economic inefficiencies that occur when equilibrium in a market is not achieved, often due to government intervention like taxes or subsidies.

Administrative Burdens

The costs and obstacles associated with compliance to governmental policies and regulations.