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Information Systems Provide Managers with a Means for Monitoring

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Information systems provide managers with a means for monitoring


Definitions:

Constraints

Limitations or restrictions that affect the process of decision-making, planning, or implementation of a project or strategy.

Objective Function

An objective function is a mathematical formula that represents the goal of a decision-making problem, often involving the maximization or minimization of some quantity.

Constraints

Limitations or restrictions that affect the performance or outcomes of a process or system.

Feasible Region

In optimization problems, the set of all possible points that satisfy the problem’s constraints.

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