Carter Is the Store Manager at Barget

question 75

Multiple Choice

Carter is the store manager at Barget.It is just after the holidays and the foot traffic in the store has decreased drastically.He now realizes that he is losing money by paying all of his employees because the store does not have the same flow of revenue as it did in the preceding months and because of this,many employees are just standing around and not assisting customers during their shifts.He decides to terminate employment for 30 employees.Which method of analyzing alternatives did he use?

• A)Break-even analysis
• B)Queuing theory
• C)Probability theory
• D)Linear programming

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Definitions:

Responsiveness

The speed and efficiency with which an organization or individual reacts to changes or customer needs.

Texas A&M

A renowned public research university located in College Station, Texas, known for its contributions to education, research, and military service.

Direct Trade-Off

A situation in decision making where increasing one benefit requires the concurrent decrease of another benefit, illustrating the need to balance competing values or priorities.

Labor Intensive

A type of business or manufacturing process that requires a high amount of human labor as opposed to automated machinery or technology.