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Which Operations Management Application Model Is Most Likely to Have

question 2

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Which operations management application model is most likely to have an objective function that minimizes the sum of manufacturing costs,purchasing costs,and overtime costs?


Definitions:

Necessary Condition

a prerequisite that must be met for a certain event or outcome to occur.

Sufficient Condition

A condition or set of conditions that will ensure the occurrence of a particular outcome.

Sufficient Condition

A condition or set of conditions that guarantees the occurrence or the truth of something else but is not always necessary for it to happen.

Electoral College

A body of electors established by the United States Constitution, tasked with electing the president and vice president of the country.

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