The Main Disadvantage(s)of Trial-And-Error Techniques Used for Aggregate Operations Planning

question 46

Multiple Choice

The main disadvantage(s) of trial-and-error techniques used for aggregate operations planning is (are) :

• A) that they are expensive to do.
• B) that they may not result in the best plan.
• C) that they take a long time to do.
• D) that they require the use of a computer.
• E) All of the choices are disadvantages.

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Definitions:

Wage Cut

A reduction in the rate of pay received by workers.

Productivity

A measure of the efficiency of production, often quantified as the ratio of outputs to inputs in the production process.

Separating Equilibrium

A situation in a game or market where different types of participants (often with private information) are sorted into different groups based on their actions or choices.

Klutzes

Informal for clumsy people who are often prone to accidents or mishandling objects.