Linear Programming Helps Operations Managers Make Decisions Necessary to Make

question 44

True/False

Linear programming helps operations managers make decisions necessary to make effective use of resources such as machinery, labor, money, time, and raw materials.

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Definitions:

Federal Deposit Insurance Corporation

A U.S. government agency that provides deposit insurance to depositors in American commercial banks and savings institutions, up to a defined limit.

Consumer Product Safety Commission

A U.S. federal agency responsible for regulating the sale and manufacture of consumer products to ensure they do not pose any unreasonable risk of injury or death to consumers.

Legal Positivism

A theory of law that holds that laws are rules made by human beings and that there is no inherent or necessary connection between law and morality.

Natural Law

A philosophical belief that certain rights or values are inherent by virtue of human nature and can be universally understood through human reason.