An Optimisation Analysis Finds the Optimum Value for a Target

question 25

Multiple Choice

An optimisation 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 optimisation 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

---

Definitions:

Behaviors

The actions or reactions of an individual or a group in response to external or internal stimuli.

Group Leader

An individual who takes on the responsibility of guiding, directing, or influencing the members of a group towards achieving its objectives.

Group Members

are individuals who form part of a team or group working together towards a common goal or purpose.

Subgroups

Smaller distinct groups formed within a larger group, possibly based on shared interests or characteristics.