When Faced with a Network Design Decision,the Goal of a Manager

question 22

Multiple Choice

When faced with a network design decision,the goal of a manager is to design a network that

• A) maximizes the firm's profits.
• B) minimizes the firm's costs.
• C) satisfies customer needs in terms of demand and responsiveness.
• D) maximizes the firm's profits while satisfying customer needs in terms of demand and responsiveness.
• E) none of the above

---

Definitions:

Estimate

A value or statistic calculated from sample data as an approximation of a population parameter.

Proportion

Proportion refers to the fraction or percentage of a total that is made up by a specific part or category.

Admission Standards

Criteria or requirements set by institutions or organizations for entry or acceptance, often used in context with schools or universities.

Proportion

A statistical measure that reflects the fraction of the total number of occurrences for a specific outcome.