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Match the Following Terms with the Corresponding Description

question 6

Short Answer

Match the following terms with the corresponding description.
I.Add-in
II.Binding constraint
III.Constraint
IV.Changing variable cell
V.Solver
A.An add-in application that manipulates variables based on constraints to find the optimal solution to a problem
B.A cell containing a variable whose value changes until Solver optimizes the value in the objective cell
C.A program that can be added to Excel to provide enhanced function
D.A limitation that imposes restrictions on Solver
E.A constraint that Solver enforces to reach the target value


Definitions:

SMEs

Small and Medium-sized Enterprises, typically defined by their employee count, annual revenue, or assets, contributing significantly to economic development and innovation.

Revenues

The total amount of money received by a company from its various activities, typically from sales of goods or services, before any expenses are subtracted.

Creativity

The capacity to generate unique and inventive concepts, or to create something innovative and imaginative.

Action Orientation

A proactive attitude that focuses on taking immediate and decisive steps towards achieving goals.

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