Regarding Heuristics, Which of the Following Statements Is FALSE

question 482

Multiple Choice

Regarding heuristics, which of the following statements is FALSE?

• A)A heuristic is a "rule of thumb" that reduces the number of alternatives thinkers must consider.
• B)Heuristics are based on a learned set of rules that lead to a correct solution.
• C)Expert problems solvers are good at using heuristic strategies.
• D)Using heuristics raises one's odds of success, but does not guarantee a solution.

---

Definitions:

Break-Even Point

The production level at which total revenues equal total expenses, and the company or project is not making a profit or a loss.

Fixed Operating Costs

The expense that does not change with the level of production or sales over a short period.

Variable Costs

Costs that vary directly with the level of production or output, such as raw materials and labor expenses.

Unit Sales Volume

The total quantity of units sold of a product or service within a specific period.