Linear Programming,simulation,and Waiting Line Theory Are Most Closely Associated with Which

question 52

Multiple Choice

Linear programming,simulation,and waiting line theory are most closely associated with which era in the historical development of operations management?

• A)human relations
• B)operations research
• C)globalization
• D)Internet revolution

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Definitions:

Total Liabilities

The cumulative amount of all debts and financial obligations a company owes to outside parties.

Accounts Receivable

Receivables from clients to a corporation for merchandise or services that have been supplied but remain unpaid.

Merchandise Inventory

Merchandise inventory represents the goods a company has in stock that are ready to be sold in the normal course of business.

Accounts Payable

Accounts payable are liabilities representing the amounts that a company owes to creditors for purchases or services rendered that have not yet been paid.