In most real-world cases, the supply capacity and demanded amounts result in a(n) ________ transportation model
Fill in the blank with correct word.
Answer: unbalanced
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Strategic planning should communicate not only general goals about growth and profits but also
A. how to pay for them B. ways to increase organizational synergy C. how to increase market share D. ways to achieve them E. methods related to MBO
(n) _______ is a computer-based information system that provides a flexible tool for analysis and helps managers focus on the future.
A. IT synergy web B. collaborative IT system C. group-web D. flexible computing system E. decision support system
An environmental impact statement (EIS) can be challenged in court by environmentalists and other interested parties
Indicate whether the statement is true or false
An operations manager's staff has compiled the information below for four manufacturing alternatives (A, B, C, and D) that vary by production technology and the capacity of the machinery
All choices enable the same level of total production and have the same lifetime. The four states of nature represent four levels of consumer acceptance of the firm's products. Values in the table are net present value of future profits in millions of dollars. States of Nature 1 2 3 4 Alternative A 50 55 60 65 Alternative B 30 50 80 130 Alternative C 70 80 70 65 Alternative D -100 -10 150 220 a. Assuming a maximax strategy, which alternative would be chosen? b. If maximin were used, which would be chosen? c. If the states of nature were equally likely, which alternative should be chosen?