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William sees a construction set at the toy store and asks his dad if he can have it for his birthday. His dad asks him if he thinks he would be able to use it. William reminds his dad that he is good at building with blocks. What does this example demonstrate?
Feasible Solution
A potential solution to a problem that meets all the given constraints and requirements.
Optimal Solution
The best possible outcome from a set of choices, often found through specific methodologies in decision-making processes.
Improvement Indices
Metrics or indicators used to measure and track the effectiveness of improvements or changes made within a system or process.
Northwest-Corner Rule
A method used in transportation problems of operations research to find an initial feasible solution by allocating supplies to demands starting from the northwesternmost position.
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