The assumption of linearity is restrictive and not representative of many real-world aggregate planning situations. This statement is a major drawback of ______.
A. linear programming
B. linear decision rule
C. transportation model
D. integer programming
A. linear programming
Business
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Which of the following is not a purpose of a manager?
A. plan B. organize C. lead D. control E. increase globalization
Business
The master budget normally covers:
A. 1-5 years. B. 1 year. C. 5-10 years. D. 3 months.
Business
When the parties to a contract agree in advance to the amount of damages payable upon a breach of contract, these damages are called ________.
A. special damages B. compensatory damages C. punitive damages D. liquidated damages
Business
The general principle that 80% of a company's revenue is generated by 20% of its customers is known as the Pareto concept
Indicate whether the statement is true or false
Business