Heuristic Rules Are Usually Applied When

question 119

Multiple Choice

Heuristic rules are usually applied when

• A)an optimum is necessary.
• B)a computer program is unavailable.
• C)a problem has a small number of alternatives.
• D)a problem has a large number of alternatives.
• E)other approaches have failed.

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Definitions:

Standard Labour Rate

The pre-determined cost per unit of labor time, used in calculating labor expenses in manufacturing.

Variable Manufacturing Overhead

Variable manufacturing overhead includes all manufacturing costs that vary with the level of production, such as utilities or materials needed in the production process.

Standard Hours Allowed

The time allocated for a task based on predetermined standards.