One Reason Complex Models Have Not Found Widespread Use and Application

question 74

Multiple Choice

One reason complex models have not found widespread use and application is that

• A) managers are lazy
• B) managers cannot understand how they work
• C) the models are inaccurate
• D) good models are time-consuming and managers must often react swiftly to dynamic demand
• E) the statement is False; complex models are widely used and accepted

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Definitions:

Transportation

The process or method by which passengers or goods are moved from one place to another.

Facility Operations

Activities related to the day-to-day running of business facilities, ensuring they are efficient, safe, and meet the needs of the operation.

Movement and Storage

Refers to the activities involved in moving goods from one location to another and storing them appropriately until needed.

Product Handling Functions

Activities involved in the physical handling of products, including storage, transportation, and packaging, aimed at ensuring efficient and safe movement through the supply chain.