Projects, and the application of project management, facilitate the implementation of operations strategy
Indicate whether the statement is true or false
TRUE
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Write the appropriate expression for the demand constraint
Sara's Sensible Critters makes two kinds of catnip toys: balls (x1) and mice (x2). The relationship between demand and price for balls and mice is: x1 = 1800 - 150p1 x2 = 1500 - 300p2 The cost for a catnip ball is $2 and for the mouse, $3. Sara has only 200 ounces of catnip on hand. A ball uses a tenth of an ounce and a toy mouse uses one-quarter of an ounce. A) 2.5x1 = x2 B) x1 - 2.5x2 ? 0 C) x1 + 2.5x2 ? 0 D) x1 = 2.5x2
The process of making forecasts based on the relationship between some causal factor like sales volume and the number of employees required is called ________
A) ratio analysis B) trend analysis C) graphical analysis D) computer analysis