Which of the Following Is a Mathematical Modeling Technique That

question 18

Multiple Choice

Which of the following is a mathematical modeling technique that managers can use in making decisions that involve optimizing an objective,subject to constraints?

• A)optimization
• B)estimation
• C)linear programming
• D)transportation model

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Definitions:

Developmental Purpose

Refers to the aim to aid in the growth or progress of individuals, organizations, or societies through education, training, or specific initiatives.

Performance Management

The process by which an organization involves its employees in improving effectiveness toward achieving company goals, including setting expectations, monitoring progress, and evaluating outcomes.

Employees' Knowledge

Refers to the information and skills that employees possess, which are critical assets to the organization's success and competitiveness.

Performance Measures

Indicators or metrics used to evaluate and assess the efficiency, effectiveness, and performance of individuals, groups, or organizations.