An Advantage of Algorithms Over Heuristics Is That Algorithms __________

question 83

Multiple Choice

An advantage of algorithms over heuristics is that algorithms __________.

• A) are much faster
• B) guarantee a correct answer if one is available
• C) are shortcuts
• D) use rules of thumb

---

Definitions:

Differential Analysis

A decision-making process that examines the differences in cost and revenue between different business alternatives to determine the most profitable option.

Fixed Costs

Costs that do not vary with the level of production or sales, such as rent, salaries, and insurance.

Outside Purchase

Acquisition of goods or services from external suppliers due to inability or inefficiency in producing internally.

Total Cost Concept

A principle in accounting and economics that considers all costs related to the production of a good or service, both fixed and variable.