An Optimization Analysis Finds the Optimum Value for a Target

question 370

Multiple Choice

An optimization analysis finds the optimum value for a target variable by repeatedly changing other variables, subject to specified constraints. What can a manager determine by changing revenue and cost variables in an optimization analysis?

• A)Calculate the highest potential profits
• B)Calculate employee benefit payments
• C)Use this as an extension for a digital dashboard
• D)Create production schedules

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Definitions:

Unconscious Psychological Processes

Mental processes below the level of conscious awareness that influence thoughts, feelings, and behaviors.

Psychoanalysis

A therapeutic approach founded by Sigmund Freud, focusing on unconscious motivations and conflicts as drivers of behavior and psychological issues.

Psychotropic

Referring to drugs that affect a person's mental state, commonly used to treat psychiatric disorders.

Depression

A mental health disorder characterized by persistent sadness, loss of interest in activities, and a range of physical and emotional problems.